NOT LISTED FOR SALE

506 Summit Dr Lexington, NC 27295

Estimated Value: $189,000 - $254,000

3 Beds
1.5 Baths
1,600 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2019

Last sale price $119,500 $75 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,191 / mo

26 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Outdoor Storage
  • Attic
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Adorable well-maintained brick ranch with hardwoods and brick flooring. Updated bathrooms and paint, flat surface ceilings and open living areas add an updated touch to this charming home. Large den adds extra living space. New windows and roof added in 2012. Flat corner lot backyard with patio, privacy fence and built-in firepit - you will love spending time indoors and outdoors here! No HOA!
Back on the market at no fault of the sellers! See agent only remarks.

Last Agent to Sell the Property

Shannon Bruins

Keller Williams Realty License #223860 Listed on: 06/02/2019

Keller Williams Realty

Last Buyer's Agent

Nathan Smith

Real Broker LLC License #284247

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $619

Year Built

  • Built in 1955

Lot Details

  • 24,829 Sq Ft Lot
  • Lot Dimensions are 78 x 125
  • Privacy Fence
  • Fenced
  • Corner Lot
  • Cleared Lot
  • Property is zoned RS

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,453 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Carbon Monoxide Detectors
  • Free-Standing Range
  • Attic

Flooring

  • Wood
  • Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Storage

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Berrier Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11335C0000076A00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$619

Year Built

Built in 1955

Lot Details

0.57 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Lot Size: 78 x 125
  • Subdivision Name: Berrier Heights
  • Directions: From I-85, take W Old Hwy 64 to Summit Dr. Turn left on Summit and house is on the right.
  • Above Grade Finished Sq Ft: 1453
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Brick, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1453
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: Fenced, Privacy
  • Lot Features: Cleared, Corner Lot
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 11335C0000076A00
  • Zoning: RS
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 619
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Aug 14, 2019
Sold by
Nun Dara
Bought by
Nun Dara and Shaw Mindy
Seller's Agent
Shannon Bruins
Keller Williams Realty
Buyer's Agent
Nathan Smith
Real Broker LLC
Sold Price
$119,500
Current Estimated Value
$209,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,492
Avg. Annual Appreciation
8.74%
Original Mortgage
$117,335
Outstanding Balance
$103,987
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$106,005

Purchase Details

Listed on
Jun 2, 2019
Closed on
Jul 25, 2019
Sold by
Chastain Harlin Edward and Chastain Wingate Lillian
Bought by
Nun Dara
Seller's Agent
Shannon Bruins
Keller Williams Realty
Buyer's Agent
Nathan Smith
Real Broker LLC
Sold Price
$119,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,335
Outstanding Balance
$103,987
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$106,005

Purchase Details

Listed on
Oct 24, 2017
Closed on
Apr 19, 2018
Sold by
Harlin Eddward
Bought by
Harlin Edward and Wingate Lillian Chastain
Seller's Agent
Sharon Long
Center Towne Realtors
Buyer's Agent
Aliyah Prontaut
Hillcrest Realty Group
List Price
$91,500
Sold Price
$90,000
Premium/Discount to List
-$1,500
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.79%
Original Mortgage
$72,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Disher Bobbie Nell
Bought by
Godley Benjamin Mark and Godley Ashley Disher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 1955
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nun Dara -- None Available
Nun Dara $119,500 None Available
Harlin Edward -- None Available
Harlin Edward $90,000 None Available
Godley Benjamin Mark $8,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nun Dara $117,335
Previous Owner Harlin Edward $72,000
Previous Owner Godley Benjamin Mark $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Off Market $119,500 -- --
07/29/2019 07/29/19 Sold $119,500 +32.8% $92 / Sq Ft
04/19/2018 04/19/18 Sold $90,000 -1.6% $75 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Pending -- -- --
10/24/2017 10/24/17 For Sale $91,500 -- $76 / Sq Ft
Source: Triad MLS

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 $939 $122,200 $0 $0
2024 $939 $122,200 $0 $0
2023 $939 $122,200 $0 $0
2022 $939 $122,200 $0 $0
2021 $915 $122,200 $0 $0
2020 $664 $88,650 $0 $0
2019 $638 $83,890 $0 $0
2018 $619 $81,500 $0 $0
2017 $619 $81,500 $0 $0
2016 $619 $81,500 $0 $0
2015 $619 $81,500 $0 $0
2014 $653 $85,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 934962

Triad MLS

APN: 11-335-C-000-0076-A-0-0

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