NOT LISTED FOR SALE

48 Summit Ln Newland, NC 28657

Estimated Value: $259,049 - $312,000

1 Bed
1.5 Baths
600 Sq Ft
$458/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $200,000 $333 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,708/month

47 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Private Membership Available
  • Crossnore Elementary School Rated 9+
  • Fishing
  • Community Lake

About This Home

As of June 2022

Prime, All The Way Through. For the person who wants the best and just not too much. Prime features. Oak and ceramic flooring.
All Stainless-Steel kitchen, Granit Counter Tops, Heat Pump Heating and Cooling System, Metal Roofing, Corner Lot and very well Furnished.

Last Agent to Sell the Property

James Perry

Blue Ridge Realty & Investments - Linville Listed on: 05/04/2022

Last Buyer's Agent

James Perry

Blue Ridge Realty & Investments - Linville Listed on: 05/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1985

Lot Details

  • 3,920 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Double Pane Windows
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Newland Elementary School
  • Avery County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 5
  • Assessor Parcel Number 1844-09-16-5122-00000

Community Details

Overview

  • Private Membership Available
  • Linville Land Harbor Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Fishing
  • Trails

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 1985

Lot Details

3,920 Sq Ft Lot

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Linville Land Harbor
  • Above Grade Finished Sq Ft: 600.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Furnished, Vaulted Ceiling(s), Window Treatments
  • Living Area: 600.0
  • Stories: 1
  • Window Features: Double Pane Windows, Window Treatments

Exterior Features

  • Pool Features: Community
  • View: Residential
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Parking Features: Asphalt, Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Main Level
  • Security: 24 Hour Security
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, None
  • Heating Yn: No
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fishing, Golf, Lake, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed
  • Association Fee: 2635.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Newland
  • High School: Avery County

Lot Info

  • Parcel #: 1844-09-16-5122-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 547.8
  • Tax Book Number: 549/1758
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 27, 2022
Sold by
Hill Charles H and Hill Karen F
Bought by
Taylor Clifton and Hudson Debra C
Seller's Agent
James Perry
Blue Ridge Realty & Investments - Linville
Buyer's Agent
James Perry
Blue Ridge Realty & Investments - Linville
List Price
$263,000
Sold Price
$200,000
Premium/Discount to List
-$63,000
-23.95%
Current Estimated Value
$275,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,012
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Jan 6, 2020
Sold by
Abston Doris B
Bought by
Saunders Judith H
Source: Public Records
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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
Taylor Clifton $200,000 Cock William B
Saunders Judith H -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold $200,000 -14.9% $333 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/17/2022 06/17/22 Price Changed $234,900 -10.7% $392 / Sq Ft
05/04/2022 05/04/22 For Sale $263,000 -- $438 / Sq Ft
Source: High Country Association of REALTORS®

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 $871 $232,400 $33,000 $199,400
2024 $871 $232,400 $33,000 $199,400
2023 $871 $217,800 $33,000 $184,800
2022 $871 $217,800 $33,000 $184,800
2021 $548 $99,600 $27,500 $72,100
2020 $548 $99,600 $27,500 $72,100
2019 $548 $99,600 $27,500 $72,100
2018 $548 $99,600 $27,500 $72,100
2017 $565 $102,800 $0 $0
2016 $460 $102,800 $0 $0
2015 $460 $102,800 $27,500 $75,200
2012 -- $79,400 $44,000 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 237223

High Country Association of REALTORS®

APN: 1844-09-16-5122-00000

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