NOT LISTED FOR SALE

503 Summit Pkwy Unit LO16 Bostic, NC 28018

Estimated Value: $454,000 - $600,000

2 Beds
2.5 Baths
2,330 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $350,000 $150 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,181/month

6 Days on Market

Highlights

  • Gated Community
  • Hilly Lot
  • Many Trees
  • Open Floorplan
  • Wood Flooring
  • Cabin

About This Home

As of March 2021

Sunrise Cabin. Beautiful Views. A Romantic Cedar Log Home in The Summit Development, Golden Valley area of Bostic, NC. This Get A Way comes fully furnished and is immaculate. Well Maintained and move in ready. A main level master bedroom and large bathroom, kitchen, Vaulted living room with fireplace, dinning, front porch and deck. The 2nd floor level has master suite with extra large bathroom and loft sitting area large enough for a sleeper sofa. The lower level basement has a finished family room complete with fireplace, sitting area, pool table area, dry bar, large 1/2 bath. The basement also has laundry and workshop. Double french doors in the basement look out to a great view. Great Rental Potential.

Last Listed By

Ronnie Porter

Porter's Real Estate License #126605 Listed on: 01/27/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Hilly Lot
  • Many Trees

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Wood Flooring

Utilities

  • Septic Tank

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 1638056

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.95917
  • Ratio Close Price By Original Li: 0.95917
  • Ratio Current Price By Acre: 131578.95
  • Ratio Current Price By Sq Ft: 150.21
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 560
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Equipment: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Great Room
  • Flooring: Wood
  • Interior Amenities: Basement Shop, Open Floorplan
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 650
  • Main Level Sq Ft: 1120
  • Total Sq Ft: 2330
  • Sq Ft Unheated Basement: 470
  • Sq Ft Unheated Total: 470

Exterior Features

  • Construction: Log
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 400.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Yes
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sunshine
  • Middle School: Unspecified
  • High School: East Rutherford

Lot Info

  • Lot Features: Hilly, Long Range View, Mountain View, Paved Frontage, Sloping, Trees, Views, Year Round View
  • Lot Size Area: 2.660
  • Parcel Number: 1638056
  • Plat Book Slide: 26
  • Plat Reference Section Pages: 26/16
  • Zoning Specification: SF

Tax Info

  • Tax Value: 265400.00
  • Tax Location: Bostic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Marris Derrick A and Marris Deborah A
Bought by
Derrick Allen Marris Revocable Trust and Deborah Ann Marris Revocable Trust
Total Days on Market
6
Current Estimated Value
$533,792

Purchase Details

Listed on
Jan 27, 2021
Closed on
Feb 25, 2021
Sold by
Panico Michael E and Panico Donna M
Bought by
Marris Derrick A and Marris Deborah A
Seller's Agent
Ronnie Porter
Porter's Real Estate
Buyer's Agent
Ronnie Porter
Porter's Real Estate
List Price
$364,900
Sold Price
$350,000
Premium/Discount to List
-$14,900
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Fall Creek And Co Inc
Bought by
Panico Michael E and Panico Donna M

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
Derrick Allen Marris Revocable Trust -- None Listed On Document
Marris Derrick A $350,000 None Available
Panico Michael E $55,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $350,000 -4.1% $150 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $364,900 -- $157 / 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
2024 $2,255 $392,600 $60,300 $332,300
2023 $1,924 $392,600 $60,300 $332,300
2022 $1,924 $267,200 $60,300 $206,900
2021 $1,911 $265,400 $60,300 $205,100
2020 $1,884 $265,400 $60,300 $205,100
2019 $1,876 $265,400 $60,300 $205,100
2018 $1,685 $235,000 $50,000 $185,000
2016 $1,661 $235,000 $50,000 $185,000
2013 -- $235,000 $50,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3700684

Canopy MLS (Canopy Realtor® Association)

APN: 1638056