NOT LISTED FOR SALE

3702 W River Ridge Dr Browns Summit, NC 27214

Estimated Value: $435,000 - $508,000

3 Beds
2.5 Baths
2,800 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $370,000 $132 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,832/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • Wood Flooring
  • Attic
  • Double Oven

About This Home

As of December 2021

You will fall in love with this gorgeous home in Summit Lakes. Enjoy your evenings with over an acre lot that provides privacy, along with access to Summit Lakes ponds for fishing or to sit back and enjoy. Primary bedroom on the main level along with a beautiful kitchen with granite and large windows to enjoy the scenery of your deck and back yard. As an added bonus, there is a tankless water heater that circulates. Upstairs provides a wonderful loft area that is perfect for a recreational room along with another bonus room/4th bedroom. You will absolutely not want to miss this home!

Last Agent to Sell the Property

Mary Beth Powell

RE/MAX Realty Consultants License #233426 Listed on: 10/15/2021

RE/MAX Realty Consultants

Last Buyer's Agent

Bethany Chavis

Carolina Home Partners by eXp Realty License #219114

Carolina Home Partners by eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1999

Lot Details

  • 1.03 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,577 Sq Ft Home
  • 2,300-2,800 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Attic

Kitchen

  • Double Oven
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Outdoor Storage

Schools

  • Northeast Middle School
  • Northeast High School

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Gas Water Heater

Community Details

  • Summit Lakes Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 0128479
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,316

Year Built

Built in 1999

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Lot Size: 1.03
  • Subdivision Name: Summit Lakes
  • Directions: Highway 150, to Brooks Lake Road, to Summit Lakes Drive to West River Ridge Road
  • Above Grade Finished Sq Ft: 2577
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2800
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Double Oven, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2577
  • Main Level Bathrooms: 2
  • Attic Description: Access Only, Eave Storage, Partially Floored
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Dual Fuel System, Forced Air, Heat Pump, Electric, Propane
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 192
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Monticello-Brown Summit
  • High School: Northeast
  • Middle Or Junior School: Northeast

Lot Info

  • Parcel #: 0128479
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 364077.6699
  • TRIADMLS_PlatPage: 80
  • TRIADMLS_DeedPage: 1613
  • TRIADMLS_DeedBook: 7941
  • TRIADMLS_PlatBook: 129
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2316
  • Tax Lot: 13
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 17, 2021
Sold by
Southard Daniel and Goodman Kristen
Bought by
Lumpkin Jonathan A and Lumpkin Susan Y
Seller's Agent
Mary Beth Powell
RE/MAX Realty Consultants
Buyer's Agent
Bethany Chavis
Carolina Home Partners by eXp Realty
Sold Price
$370,000
Current Estimated Value
$467,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,003
Avg. Annual Appreciation
6.51%
Original Mortgage
$296,000
Outstanding Balance
$273,288
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$193,715

Purchase Details

Listed on
Mar 8, 2017
Closed on
May 26, 2017
Sold by
Dick James M and Dick Nancy M
Bought by
Southard Daniel and Goodman Kristen
Seller's Agent
Connie Dulany
Dulany Rock Realty
Buyer's Agent
Mary Beth Powell
RE/MAX Realty Consultants
List Price
$294,900
Sold Price
$290,000
Premium/Discount to List
-$4,900
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$290,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 2004
Sold by
Dick James M and Dick Nancy M
Bought by
Dick James M and Dick Nancy M

Purchase Details

Closed on
Jun 30, 2000
Sold by
M & J Developers Inc
Bought by
Dick James M and Dick Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.63%

Purchase Details

Closed on
Sep 13, 1999
Sold by
Summit Oaks Llc
Bought by
M & J Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lumpkin Jonathan A $370,000 None Available
Lumpkin Jonathan A $370,000 None Listed On Document
Southard Daniel $290,000 None Available
Dick James M -- --
Dick James M $231,500 --
M & J Developers Inc $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumpkin Jonathan A $296,000
Closed Lumpkin Jonathan A $296,000
Previous Owner Southard Daniel $290,000
Previous Owner Dick James M $39,000
Previous Owner Dick James M $60,000
Previous Owner Dick James M $60,000
Previous Owner M & J Developers Inc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $370,000 +27.6% $161 / Sq Ft
06/07/2017 06/07/17 Sold $290,000 -1.7% $126 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $294,900 -- $128 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,682 $301,200 $65,000 $236,200
2023 $2,682 $301,200 $65,000 $236,200
2022 $2,622 $301,200 $65,000 $236,200
2021 $2,316 $266,100 $60,000 $206,100
2020 $2,316 $266,100 $60,000 $206,100
2019 $2,316 $266,100 $0 $0
2018 $2,278 $266,100 $0 $0
2017 $2,278 $266,100 $0 $0
2016 $2,283 $258,000 $0 $0
2015 $2,296 $258,000 $0 $0
2014 $2,322 $258,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1046022

Triad MLS

APN: 0128479