NOT LISTED FOR SALE

394 Summit Ave Spruce Pine, NC 28777

Estimated Value: $238,083 - $321,000

2 Beds
1 Bath
964 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $165,000 $171 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,460/month

22 Days on Market

Highlights

  • City View
  • Bungalow
  • Level Lot
  • Wood Flooring
  • 1-Story Property
  • 1-minute walk to Cross Street Playground

About This Home

As of September 2020

COMPLETELY REMODELED & MOVE-IN READY! 2BR/1BA is conveniently located in Town of Spruce Pine complete w/fenced yard, carport, small 1-car garage w/electricity & completely remodeled/updated in 2019-2020 is excellent place to call home! Enjoy mountain view from covered front porch swing. New kitchen w/custom cabinetry, Quartz countertops, all new appliances, plumbing & more. All new bathroom fixtures & flooring. New insulation, drywall, paint, trim, interior/exterior doors. New ceiling fans, light fixtures, tankless water heater, generator hook-up. New HVAC (heating & cooling). Lovely in town home updated to provide all comfort & easy living! Great location for anyone planning to commute to work, those needing one-level living, excellent starter home...awesome place to own! Few homes in this price range in such excellent remodeled condition! Call today to see for yourself!

Last Agent to Sell the Property

Amy Troutman

Carolina Mountain Realty, Inc. License #190783 Listed on: 07/12/2020

Last Buyer's Agent

Michele Carver

Southern Sky Realty License #303528

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Insulated Windows
  • City Views
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Laminate
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 0890-17-00-7558

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 589285.71
  • Ratio Current Price By Sq Ft: 171.16
  • Year Built: 1936
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Flooring: Laminate Tile, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 964
  • Total Sq Ft: 964

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Propane

Lot Info

  • Lot Features: City View, Level, Mountain View, Paved Frontage, Year Round View
  • Parcel Number: 0890-17-00-7558
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 61500.00
  • Tax Location: Spruce Pine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2020
Closed on
Sep 16, 2020
Sold by
Beebe Janice T and Beebe Robert E
Bought by
Kay Philip M
Seller's Agent
Amy Troutman
Carolina Mountain Realty, Inc.
Buyer's Agent
Michele Carver
Southern Sky Realty
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$262,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,021
Avg. Annual Appreciation
9.40%
Original Mortgage
$166,666
Outstanding Balance
$147,569
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$114,452
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
Kay Philip M $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kay Philip M $166,666
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $165,000 0.0% $171 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $165,000 -- $171 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $946 $169,000 $22,000 $147,000
2024 $946 $169,000 $22,000 $147,000
2023 $946 $169,000 $22,000 $147,000
2022 $946 $169,000 $22,000 $147,000
2021 $358 $61,700 $16,000 $45,700
2020 $357 $61,500 $16,000 $45,500
2019 $357 $61,500 $16,000 $45,500
2018 $357 $61,500 $16,000 $45,500
2017 $345 $59,400 $16,000 $43,400
2016 $157 $59,400 $0 $0
2015 $157 $59,400 $0 $0
2014 $157 $59,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3640493

Canopy MLS (Canopy Realtor® Association)

APN: 0890-17-00-7558