NOT LISTED FOR SALE

3819 Summit Lakes Dr Browns Summit, NC 27214

Estimated Value: $466,000 - $687,000

3.99 Acres
$152,267 Price per Acre
173,804 Sq Ft Lot

Last Sold September 13, 2019

Last sale price $70,000

Est. 768% increase in value since last sale

Current estimated payment $3,587/month

218 Days on Market

Highlights

  • 3.99 Acre Lot
  • Partially Wooded Lot
  • Corner Lot

About This Lot

As of September 2019

Build your new custom home and LOVE IT on this beautiful 3.99 acre home site with water views and LOW taxes!! Located in Summit Lakes, a peaceful wooded, lake filled community which offers privacy and much more. Great Location & Price for acreage!!

Last Agent to Sell the Property

Danielle White

HERITAGE REALTY CO. License #219215 Listed on: 01/22/2019

Last Buyer's Agent

Laurie Welsh

Howard Hanna Allen Tate - Burlington License #264517

Howard Hanna Allen Tate - Burlington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $516

Lot Details

  • 3.99 Acre Lot
  • Lot Dimensions are 306 x 601 x 151 x 316 x 358 x 38
  • Corner Lot
  • Partially Wooded Lot
  • Property is zoned RS-40

HOA Fees

  • $64 Monthly HOA Fees

Utilities

  • Private Water Source
  • Well

Community Details

  • Summit Lakes Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0128547
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$516

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 3.99
  • Lot Size: 306 x 601 x 151 x 316 x 358 x 38
  • Road Surface Type: Paved
  • Subdivision Name: Summit Lakes
  • Directions: From Greensboro take 29N to Reedy Fork Parkway exit, turn L onto Reedy Fork Parkway, turn R onto Summit Avenue, (stay left, becomes Browns Summit Road) turn L onto HWY 150, turn R onto Brooks Lake Road, L onto Summit Lakes Drive. First home site on Right
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot, Partially Wooded, Wooded
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 0128547
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 17543.8596
  • TRIADMLS_DeedPage: 01294
  • TRIADMLS_DeedBook: 007517
  • TRIADMLS_PlatBook: 129-77
  • TRIADMLS_AcresRange: 4 - 4

Tax Info

  • Tax Annual Amount: 516
  • Tax Lot: 1
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.1295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Sep 13, 2019
Sold by
Battle Cathy F
Bought by
Wilmoth Richard C and Wilmoth Christel B
Seller's Agent
Danielle White
HERITAGE REALTY CO.
Buyer's Agent
Laurie Welsh
Howard Hanna Allen Tate - Burlington
Sold Price
$70,000
Current Estimated Value
$607,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,546
Avg. Annual Appreciation
42.26%

Purchase Details

Closed on
Aug 6, 2013
Sold by
Summit Lakes Homeowners Association Inc
Bought by
Battle Cathy F and Battle Dexter O

Purchase Details

Closed on
Dec 17, 2012
Sold by
Summit Glakes Homeowners Assn Inc
Bought by
Summit Glakes Homeowners Assn Inc

Purchase Details

Closed on
Jul 5, 2003
Sold by
Branch Banking & Trust Co
Bought by
Battle Dexter O and Battle Cathy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2002
Sold by
Fountain Rachel A and Fountain Jeffrey
Bought by
Branch Banking & Trust Co

Purchase Details

Closed on
May 31, 2001
Sold by
Summit Oaks Llc
Bought by
Fountain Jeffrey and Fountain Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilmoth Richard C $70,000 None Available
Battle Cathy F -- None Available
Summit Glakes Homeowners Assn Inc -- None Available
Battle Dexter O $40,500 --
Branch Banking & Trust Co $36,500 --
Fountain Jeffrey $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Battle Dexter O $30,500
Previous Owner Fountain Jeffrey $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $70,000 -- --
09/13/2019 09/13/19 Sold $70,000 -- --
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 $3,850 $432,400 $65,000 $367,400
2024 $3,850 $432,400 $65,000 $367,400
2023 $3,850 $432,400 $65,000 $367,400
2022 $3,764 $432,400 $65,000 $367,400
2021 $3,354 $385,300 $60,000 $325,300
2020 $522 $60,000 $60,000 $0
2019 $522 $60,000 $0 $0
2018 $514 $60,000 $0 $0
2017 $514 $60,000 $0 $0
2016 $425 $48,000 $0 $0
2015 $427 $48,000 $0 $0
2014 $432 $48,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 915032

Triad MLS

APN: 0128547