NOT LISTED FOR SALE

518 Summer Storm Dr Durham, NC 27704

Weaver Neighborhood

Estimated Value: $280,000 - $295,000

3 Beds
2.5 Baths
1,586 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $305,000 $192 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,908/month

4 Days on Market

Highlights

  • Transitional Architecture
  • End Unit
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Luxury Vinyl Tile Flooring
  • Dining Room

About This Home

As of July 2023

Welcome to this fabulous end-unit townhome, an ideal property for those seeking comfort, convenience, and a potential investment opportunity. This home offers an abundance of natural light through its numerous windows, creating a bright and airy atmosphere. With a 1-car garage, accessibility is a breeze. The bedrooms are all quite spacious for a townhome. Enjoy coffee on the patio of your private backyard and large side yard. New AC installed June 2023. Convenient to downtown Durham, Duke University, stores and more. Whether you're looking to make this your own residence or a lucrative income property, this townhome is a must-see!

Last Agent to Sell the Property

Nina Gervase

EXP Realty LLC License #301554 Listed on: 06/07/2023

EXP Realty LLC

Last Buyer's Agent

Nick Owens

NRT Carolinas LLC License #314122

NRT Carolinas LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55 x 130 x 55 x 130
  • End Unit

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,586 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Dining Room

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Eno Valley Elementary School
  • Carrington Middle School
  • Northern High School

Utilities

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

Community Details

  • Association fees include ground maintenance, maintenance structure
  • Cas Inc Association
  • Summer Meadows Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,788

Year Built

Built in 2003

Lot Details

0

HOA Fees

$140 per month

Parking

1

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Summer Meadows
  • Above Grade Finished Sq Ft: 1586.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 55 x 130 x 55 x 130
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1586.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Acres: 0.16
  • General Property Information:Living Area3: 1586.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.16
  • Common Walls: End Unit
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 140.0
  • Association Fee Frequency: Monthly
  • Association Name: CAS Inc
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS Inc
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 140.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Carrington

Lot Info

  • Lot Dimensions: 55 x 130 x 55 x 130
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1788.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Eno Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Aug 22, 2022
Sold by
Justice Jones Mikalah
Bought by
White William and Krug Brittany
Seller's Agent
LaQuesta Bryant
DIVINE FOG REALTY COMPANY RALE
Buyer's Agent
Nina Gervase
EXP Realty LLC
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%
Current Estimated Value
$286,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,889
Avg. Annual Appreciation
-1.40%
Original Mortgage
$270,000
Outstanding Balance
$257,697
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$28,414

Purchase Details

Closed on
Aug 12, 2019
Sold by
Ruggiro Lynn A
Bought by
Jones Mikalah Justice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,540
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2019
Sold by
Propst James R and Propst Regina D
Bought by
Ruggiro Lynn A

Purchase Details

Closed on
Dec 16, 2003
Sold by
Crossmann Communities Of N Carolina Inc
Bought by
Propst James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,193
Interest Rate
5.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
White William $300,000 None Listed On Document
Jones Mikalah Justice $182,000 None Available
Ruggiro Lynn A $125,000 None Available
Propst James R $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White William $270,000
Previous Owner Jones Mikalah Justice $176,540
Previous Owner Propst James R $122,193
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Off Market $305,000 -- --
12/14/2023 12/14/23 Off Market $300,000 -- --
07/06/2023 07/06/23 Sold $305,000 +2.0% $192 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $299,000 -0.3% $189 / Sq Ft
08/23/2022 08/23/22 Sold $300,000 +5.3% $184 / Sq Ft View Prior Sale
07/21/2022 07/21/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $285,000 -- $175 / 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
2025 $3,289 $331,770 $60,000 $271,770
2024 $1,948 $139,670 $26,000 $113,670
2023 $1,830 $139,670 $26,000 $113,670
2022 $1,788 $139,670 $26,000 $113,670
2021 $1,779 $139,670 $26,000 $113,670
2020 $1,737 $139,670 $26,000 $113,670
2019 $1,737 $139,670 $26,000 $113,670
2018 $1,581 $116,531 $21,000 $95,531
2017 $1,569 $116,531 $21,000 $95,531
2016 $1,516 $116,531 $21,000 $95,531
2015 $1,894 $136,793 $25,900 $110,893
2014 $1,894 $136,793 $25,900 $110,893
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2514897

Doorify MLS

APN: 196680