NOT LISTED FOR SALE

400 Summit Ave Spruce Pine, NC 28777

Estimated Value: $172,000 - $192,030

2 Beds
1 Bath
955 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $173,000 $181 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,016/month

65 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Laundry Room
  • Cottage
  • Detached Garage
  • 2-minute walk to Cross Street Playground

About This Home

As of July 2022

Looking for a cutesy cottage? And a place you will love to Live? Check out this Charming single level-Moving-in ready home; Built in the 1930’s this vintage home features 2- bedrooms, hardwood floors, central heat; all appliances included; Covered Porch to Relax and enjoy the view and cool mountain breeze; Detached garage and storage building; Level Lot with Easy Access; Experience Peaceful-easy living in the Quaint Riverside Town of Spruce Pine; Riverside park and the downtown area are a short walk away; Riverside Park offers River access for fly-fishing, swimming, kayaking. kids playground and family picnics; Schools, medical care, shopping are minutes away; Great home for retirement, investment or VRBO; No Restrictions.

Last Agent to Sell the Property

Connie Ray

Foxfire Real Estate, LLC License #221463 Listed on: 05/16/2022

Last Buyer's Agent

Julie Parsons

Ridge Valley Realty LLC License #255513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1936

Lot Details

  • Paved or Partially Paved Lot

Home Design

  • Cottage
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 955 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Greenlee Primary Elementary School
  • Harris Middle School
  • Mitchell High School

Utilities

  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0890-17-00-7544

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1936
  • Ratio Current Price By Acre: 1235714.29
  • Restrictions: No Restrictions
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Cable Available
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 955
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Front
  • Appliances: Ceiling Fan(s), Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 955
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Spruce Pine
  • Construction Type: Site Built
  • Construction Type: Shingle Siding, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Detached, Driveway, Garage - 1 Car

Utilities

  • Heating: Oil, See Remarks
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Schools

  • Middle Or Junior School: Harris
  • HOA Subject To: None

Lot Info

  • Lot Features: Paved
  • Lot Size Units: Acres
  • Parcel Number: 0890-17-00-7544
  • Zoning Description: None

Tax Info

  • RATIO List Price By Tax Amount: 1.75311

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Greenlee Primary
  • High School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 21, 2022
Sold by
Freeman and Mark
Bought by
Jones Stephen Wayne and Rakotoalizao Fitiavana
Seller's Agent
Connie Ray
Foxfire Real Estate, LLC
Buyer's Agent
Julie Parsons
Ridge Valley Realty LLC
List Price
$169,000
Sold Price
$173,000
Premium/Discount to List
$4,000
2.37%
Current Estimated Value
$184,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,258
Avg. Annual Appreciation
1.91%
Original Mortgage
$169,866
Outstanding Balance
$161,803
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$22,455

Purchase Details

Closed on
Jan 31, 2014
Sold by
Wils Freddie Cecilia
Bought by
Ward Caroleen Lowery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2005
Sold by
Wilson Jimmy Lawrence
Bought by
Wilson Jimmy Lawrence and Wilson Freddie Cecilia
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
Jones Stephen Wayne $173,000 None Listed On Document
Jones Stephen Wayne $173,000 None Listed On Document
Ward Caroleen Lowery $65,000 None Available
Wilson Jimmy Lawrence -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Stephen Wayne $169,866
Closed Jones Stephen Wayne $169,866
Closed Jones Stephen Wayne $8,000
Previous Owner Ward Caroleen Lowery $46,400
Closed Jones Stephen Wayne $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $173,000 +2.4% $181 / Sq Ft
05/16/2022 05/16/22 For Sale $169,000 -- $177 / 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 $540 $96,400 $22,000 $74,400
2024 $540 $96,400 $22,000 $74,400
2023 $540 $96,400 $22,000 $74,400
2022 $540 $96,400 $22,000 $74,400
2021 $198 $68,300 $16,000 $52,300
2020 $198 $68,300 $16,000 $52,300
2019 $198 $68,300 $16,000 $52,300
2018 $198 $68,300 $16,000 $52,300
2017 $401 $69,200 $16,000 $53,200
2016 $367 $69,200 $16,000 $53,200
2015 $367 $69,200 $16,000 $53,200
2014 $367 $69,200 $16,000 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3861223

Canopy MLS (Canopy Realtor® Association)

APN: 0890-17-00-7544