NOT LISTED FOR SALE

502 Summitt Dr Sanford, NC 27330

Sanford Area

Estimated Value: $390,571 - $423,000

4 Beds
2.5 Baths
3,072 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2024

Last sale price $390,000 $127 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,577 / mo

35 Days on Market

Highlights

  • Fireplace in Bedroom
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Sun or Florida Room
  • Breakfast Room

About This Home

As of March 2024

Meticulously renovated and turnkey-ready, this residence boasts a perfect blend of historic beauty and modern upgrades throughout. Welcome guests to the brand-new front porch, which is perfect for admiring the charm of the neighborhood. Step inside and you will be blown away with the open feel of the home, sun drenched living areas, beautifully refinished hardwood floors, and gorgeous white cabinet Kitchen. Head upstairs to find four spacious bedrooms and two full baths. Revel in the fresh and crisp appeal of recently applied int/ext paint. New HVAC/ductwork, new Water Heater, massive Laundry Room, new blinds, Screened Porch, and so much more.

Last Agent to Sell the Property

Angie Cole

A Cole Realty LLC License #254201 Listed on: 01/18/2024

Last Buyer's Agent

Cynthia Glover Smith

Cindy Smith Homes LLC License #242080

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,985

Year Built

  • Built in 1916 | Remodeled

Lot Details

  • 0.27

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Primary bedroom located on second floor
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • B T Bullock Elementary School
  • West Lee Middle School
  • Lee High School

Additional Features

  • 11,626 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mciver Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 964249984600

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,985

Year Built

Built in 1916 | Remodeled

Lot Details

0.27 Acres

Listing Details

  • Year Built: 1916
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: McIver Park
  • Above Grade Finished Sq Ft: 3072.0
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Room Types Sunroom: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Meticulously renovated and turnkey-ready, this residence boasts a perfect blend of historic beauty and modern upgrades throughout. Welcome guests to the brand-new front porch, which is perfect for admiring the charm of the neighborhood. Step inside and you will be blown away with the open feel of the home, sun drenched living areas, beautifully refinished hardwood floors, and gorgeous white cabinet Kitchen. Head upstairs to find four spacious bedrooms and two full baths. Revel in the fresh and crisp appeal of recently applied int/ext paint. New HVAC/ductwork, new Water Heater, massive Laundry Room, new blinds, Screened Porch, and so much more.
  • General Property Information Senior Community YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 3072.0
  • General Property Information Carport YN: Yes
  • Room Types Laundry2: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Lot Size Square Feet2: 11626.16
  • General Property Information Lot Size Acres: 0.2669
  • General Property Information:Living Area3: 3072.0
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Walk-In Shower
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Bedroom, Living Room
  • Fireplaces: 2
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Bedroom: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Acres: 0.27
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Front Porch, Screened
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Open Parking: No
  • Parking Features: Carport
  • Parking Features:Carport: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Lee - Lee
  • Middle Or Junior School: Lee - West Lee

Lot Info

  • Lot Size Sq Ft: 11626.16
  • ResoLotSizeUnits: Acres
  • Parcel #: 964249984600

Tax Info

  • Tax Annual Amount: 3985.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Lee - B T Bullock

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 22, 2024
Sold by
Bought by
Seller's Agent
Angie Cole
A Cole Realty LLC
Buyer's Agent
Cynthia Glover Smith
Cindy Smith Homes LLC
List Price
$465,000
Sold Price
$390,000
Premium/Discount to List
-$75,000
-16.13%
Views
309
Current Estimated Value
$402,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,893
Avg. Annual Appreciation
1.42%
Original Mortgage
$365,000
Interest Rate
0.0664%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2022
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$390,000 Investors Title
$190,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $365,000
Previous Owner $100,000
Previous Owner $75,000
Previous Owner $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $390,000 -13.3% $127 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/11/2024 02/11/24 Price Changed $450,000 -3.2% $146 / Sq Ft
01/18/2024 01/18/24 For Sale $465,000 -- $151 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,580 $355,300 $20,800 $334,500
2024 $3,995 $307,600 $20,800 $286,800
2023 $0 $307,600 $20,800 $286,800
2022 $2,907 $191,600 $10,500 $181,100
2021 $2,954 $191,600 $10,500 $181,100
2020 $2,945 $191,600 $10,500 $181,100
2019 $2,905 $191,600 $10,500 $181,100
2018 $3,103 $203,400 $25,000 $178,400
2017 $3,062 $203,400 $25,000 $178,400
2016 $3,037 $203,400 $25,000 $178,400
2014 $2,885 $203,400 $25,000 $178,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10006904

Doorify MLS

APN: 9642-49-9846-00

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