NOT LISTED FOR SALE

5115 Summerell Ave Gastonia, NC 28056

Estimated Value: $643,000 - $699,217

5 Beds
3.5 Baths
3,414 Sq Ft
$199/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $550,000 $161 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,133/month

4 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Wood Flooring
  • New Hope Elementary School Rated 10

About This Home

As of June 2021

Welcome home to this incredible one of a kind dwelling in the much sought after community of Cramer Woods in Gastonia. This home has been meticulously cared for and features a diving saltwater pool with tanning ledge and hot tub . Upgrades include new pool deck, refinished oak hardwood floors, stairs and balusters, freshly painted interior in addition to newly tiled bathroom floors. Updated kitchen includes recently upgraded dishwasher, convection microwave, and granite countertops. Exterior upgrades include new garage door and motor, new roof in 2019 featuring architectural shingles, sprinkler system and extensive landscaping. HVAC compressors recently replaced. This home is a must see!
******MULTIPLE OFFERS RECEIVED***CALLING FOR HIGHEST AND BEST BY 6PM ON SUNDAY 5/2******

Last Agent to Sell the Property

Will Kirkpatrick

Better Homes and Gardens Real Estate Paracle License #305201 Listed on: 04/28/2021

Better Homes and Gardens Real Estate Paracle

Last Buyer's Agent

Heather Cook

Real Broker, LLC License #294553

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Irrigation

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Crawl Space

Flooring

  • Wood
  • Tile

Pool

  • In Ground Pool
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 188451

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.05769
  • Ratio Close Price By Original Li: 1.05769
  • Ratio Current Price By Acre: 1617647.06
  • Ratio Current Price By Sq Ft: 161.10
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1232
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2182
  • Total Sq Ft: 3414

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Hot Tub, In-Ground Irrigation, Pool-In-Ground, g-Rainwater Catchment

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 180.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 188451
  • Zoning Specification: R1H

Tax Info

  • Tax Value: 394050.00
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 16, 2021
Sold by
Herter William Carl and Herter Sharon Elizabeth
Bought by
Henry Mark Brandon and Nguyen Katherine
Seller's Agent
Will Kirkpatrick
Better Homes and Gardens Real Estate Paracle
Buyer's Agent
Heather Cook
Real Broker, LLC
List Price
$520,000
Sold Price
$550,000
Premium/Discount to List
$30,000
5.77%
Current Estimated Value
$679,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,554
Avg. Annual Appreciation
4.96%
Original Mortgage
$522,500
Outstanding Balance
$473,059
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$206,495

Purchase Details

Closed on
Nov 19, 2004
Sold by
Doute Damien
Bought by
Herter William Carl and Herter Sharon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Castlegate Construction Company Inc
Bought by
Doute Damien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,900
Interest Rate
5.37%
Source: Public Records

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
Henry Mark Brandon $550,000 None Available
Herter William Carl $286,000 --
Doute Damien $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Mark Brandon $522,500
Previous Owner Herter William Carl $286,000
Previous Owner Doute Damien $272,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $550,000 +5.8% $161 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $520,000 -- $152 / 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
2025 $6,520 $609,910 $64,000 $545,910
2024 $6,520 $609,910 $64,000 $545,910
2023 $6,587 $609,910 $64,000 $545,910
2022 $4,898 $368,260 $45,000 $323,260
2021 $5,320 $394,050 $45,000 $349,050
2020 $5,320 $394,050 $45,000 $349,050
2019 $5,359 $394,050 $45,000 $349,050
2018 $4,979 $355,614 $36,000 $319,614
2017 $4,979 $355,614 $36,000 $319,614
2016 $4,979 $355,614 $0 $0
2014 $4,720 $337,171 $50,000 $287,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3732785

Canopy MLS (Canopy Realtor® Association)

APN: 188451