NOT LISTED FOR SALE

507 Summit Trail Dr Hillsborough, NC 27278

Estimated Value: $376,000 - $421,000

3 Beds
2.5 Baths
1,727 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $370,000 $214 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,622/month

1 Day on Market

Highlights

  • Pond View
  • Open Floorplan
  • Traditional Architecture
  • Cedar Ridge High Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2024

Welcome to low-maintenance living in the highly sought-after Waterstone community! Step inside and be welcomed by the easy-flowing layout, perfect for gatherings with friends. The spacious kitchen, equipped with stainless steel appliances, abundant quartz countertops, and a walk-in pantry, makes meal preparation a delight. Unwind with your favorite beverage on the peaceful screened porch, which overlooks a flat, fenced backyard.

Upstairs, a generous owner's ensuite awaits, featuring a tiled walk-in shower and a huge walk-in closet. You'll also find two additional bedrooms, a bathroom, and a laundry room, all enhanced by custom shutters on every window.

This meticulously cared-for townhome is conveniently located just minutes from I-40, within walking distance to UNC Hillsborough, and less than 20 minutes from both Chapel Hill and Durham. It offers the perfect blend of convenience and practicality!

Last Agent to Sell the Property

Bethany Smith

Compass -- Chapel Hill - Durham License #326374 Listed on: 06/13/2024

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Amy Guskiewicz

Long & Foster Real Estate INC License #280478

Long & Foster Real Estate INC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 2018

Lot Details

  • 2,178 Sq Ft Lot
  • Property fronts a private road
  • No Units Located Below
  • No Unit Above or Below
  • Two or More Common Walls
  • Landscaped
  • Back Yard Fenced

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway
  • Additional Parking
  • 1 Open Parking Space
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Blown-In Insulation
  • Shingle Roof
  • Board and Batten Siding
  • Vinyl Siding

Interior Spaces

  • 1,727 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Plantation Shutters
  • Aluminum Window Frames
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Screened Porch
  • Pond Views
  • Smart Thermostat

Kitchen

  • Self-Cleaning Oven
  • Free-Standing Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Schools

  • New Hope Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Natural Gas Connected
  • Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Grass Field

Listing and Financial Details

  • Assessor Parcel Number 9873339307

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control, road maintenance, storm water maintenance
  • Elite Management Association, Phone Number (919) 233-7660
  • Built by Lennar
  • Waterstone Subdivision
  • Maintained Community
  • Community Parking

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Exercise Course
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,441

Year Built

Built in 2018

Lot Details

0

HOA Fees

$180 per month

Parking

1

Listing Details

  • Builder Name: Lennar
  • Year Built: 2018
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Road Maintenance, Storm Water Maintenance
  • Subdivision Name: Waterstone
  • Above Grade Finished Sq Ft: 1727.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: (919) 233-7660
  • General Property Information Senior Community YN: No
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Monthly Association Fees2: 180.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 1727.0
  • General Property Information Carport YN: No
  • Fencing Fenced: Yes
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • Fencing Back Yard: Yes
  • Utilities Natural Gas Connected: Yes
  • Vegetation Grassed: Yes
  • Utilities Septic Connected: Yes
  • ViewPond: Yes
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Stories2: 2
  • General Property Information Builder Name: Lennar
  • General Property Information Waterfront YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Smart Thermostat, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Smart Thermostat: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Interior Features:Recessed Lighting: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Private Yard, Rain Gutters
  • Fencing: Back Yard, Fenced
  • Acres: 0.05
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Construction Type: Blown-In Insulation, Board & Batten Siding, Brick Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Level: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Window Features:Screens: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Plantation Shutters: Yes
  • Construction Materials:Blown-In Insulation: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Kitchen Level, Off Street
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Association Amenities:Parking: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Off Street: Yes
  • Other Structures:Garage(s): Yes
  • Parking Features:Inside Entrance: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Septic Connected, Water Connected
  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool, Sidewalks, Street Lights
  • Senior Community: No
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Horse Amenities:None11: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Management: Yes
  • Association Amenities:Playground: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Exercise Course: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 180.0
  • Association Amenities:Maintenance: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9873339307

Tax Info

  • Tax Annual Amount: 3441.36
  • Tax Year: 2023

MLS Schools

  • Elementary School: Orange - New Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 9, 2024
Sold by
Bennett Maryscott Margaret
Bought by
Bennett Margare Andrew and Palermo Jenna Raye
Seller's Agent
Bethany Smith
Compass -- Chapel Hill - Durham
Buyer's Agent
Amy Guskiewicz
Long & Foster Real Estate INC
List Price
$370,000
Sold Price
$370,000
Views
10
Current Estimated Value
$396,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,788
Avg. Annual Appreciation
6.32%
Original Mortgage
$295,000
Outstanding Balance
$291,928
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$104,861

Purchase Details

Closed on
Jun 4, 2018
Sold by
Lennar Carolinas Llc
Bought by
Bennett Maryscott Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,700
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Bennett Margare Andrew $370,000 None Listed On Document
Bennett Maryscott Margaret $222,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Margare Andrew $295,000
Previous Owner Bennett Maryscott Margaret $188,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $370,000 0.0% $214 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $370,000 -- $214 / Sq Ft
Source: Doorify MLS

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 $3,560 $226,700 $55,000 $171,700
2023 $3,441 $226,700 $55,000 $171,700
2022 $3,432 $226,700 $55,000 $171,700
2021 $3,404 $226,700 $55,000 $171,700
2020 $3,261 $204,600 $45,000 $159,600
2018 $1,895 $123,800 $45,000 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10034731

Doorify MLS

APN: 9873339307