NOT LISTED FOR SALE

3808 Summit Lakes Dr Browns Summit, NC 27214

Estimated Value: $677,000 - $740,270

4 Beds
3 Baths
3,380 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $355,000 $105 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,096/month

200 Days on Market

Highlights

  • 2.86 Acre Lot
  • Wood Flooring
  • Solid Surface Countertops
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of September 2013

Come enjoy life at the Lake. 2.86 Acres of beautiful lake front property with gorgeous views from every window out back. Originally a builder's personal home with gleaming hardwoods, coffered ceiling in Den, Heated tile floors, gourmet kitchen with island, magnificent stone fireplace, central vaccuum, game room with wet bar & so much more!

Last Buyer's Agent

Katie Warmath

Keller Williams One License #197670

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 2002

Lot Details

  • 2.86 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,380 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Walk-In Attic
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Northeast Middle School
  • Northeast High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • Summit Lakes Subdivision

Listing and Financial Details

  • Tax Lot 43
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,213

Year Built

Built in 2002

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.86
  • Subdivision Name: Summit Lakes
  • Directions: N on Church, Rt on 150, Lt on Brooks Lake Rd, L on Summit Lakes Dr. or North on Yanceyville, L on 150, immediate R on Brooks Lake Rd, L on Summit Lakes.
  • Above Grade Finished Sq Ft: 3380
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Year Built: 2002
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3380
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3380
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Construction Type: Brick
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association Fee: 64
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Monticello
  • High School: Northeast
  • Middle Or Junior School: Northeast

Lot Info

  • Zoning: RS-40
  • TRIADMLS_PlatPage: 77
  • TRIADMLS_PlatBook: 129

Tax Info

  • Tax Annual Amount: 3213
  • Tax Lot: 43
  • Tax Map Number: A-0199
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.8817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2015
Sold by
Poe Mark R and Poe Jennifer Vaden
Bought by
Poe Mark R and Poe Jennifer
Current Estimated Value
$705,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$212,849
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$492,969

Purchase Details

Listed on
Feb 18, 2013
Closed on
Sep 13, 2013
Sold by
American Escrow & Closing Co
Bought by
Poe Mark R and Voden Jennifer L
Buyer's Agent
Katie Warmath
Keller Williams One
List Price
$390,000
Sold Price
$355,000
Premium/Discount to List
-$35,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Feb 18, 2013
Closed on
Sep 12, 2013
Sold by
Sidorenko Victoria and Mclaughlin Denis
Bought by
American Escrow & Closing Co
Buyer's Agent
Katie Warmath
Keller Williams One
List Price
$390,000
Sold Price
$355,000
Premium/Discount to List
-$35,000
-8.97%

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jun 22, 2012
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.28%

Purchase Details

Closed on
Oct 5, 1998
Sold by
Summit Oaks Llc
Bought by
Waddell W Earl and Waddell Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,550
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Poe Mark R -- None Available
Poe Mark R $355,000 None Available
American Escrow & Closing Co $355,000 None Available
-- $385,000 --
Waddell W Earl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poe Mark R $278,000
Previous Owner Waddell W Earl $36,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2013 09/20/13 Sold $355,000 -9.0% $105 / Sq Ft
09/07/2013 09/07/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $390,000 +1.3% $115 / Sq Ft
06/22/2012 06/22/12 Sold $385,000 -3.5% $108 / Sq Ft View Prior Sale
05/24/2012 05/24/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $399,000 -- $112 / 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
2025 $3,745 $420,600 $100,000 $320,600
2024 $3,745 $420,600 $100,000 $320,600
2023 $3,745 $420,600 $100,000 $320,600
2022 $3,661 $420,600 $100,000 $320,600
2021 $3,141 $360,900 $75,000 $285,900
2020 $3,141 $360,900 $75,000 $285,900
2019 $3,141 $360,900 $0 $0
2018 $3,090 $360,900 $0 $0
2017 $3,105 $360,900 $0 $0
2016 $3,127 $353,400 $0 $0
2015 $3,145 $353,400 $0 $0
2014 $3,180 $353,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 664787

Triad MLS

APN: 0128545