NOT LISTED FOR SALE

525 Summit Ave Spruce Pine, NC 28777

Estimated Value: $100,597 - $263,000

3 Beds
1.5 Baths
1,382 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $35,000 $25 Per Sq Ft

Est. 395% increase in value since last sale

Current estimated payment $945/month

29 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • Carpet

About This Home

As of March 2018

CONVENIENCE-IN TOWN LOCATION!! Older home situated on 0.12 acres with city utilities. Main level has living room with fireplace, dining area off of kitchen, bedroom, large bathroom and utility room with storage area. Upstairs is half bath, 2 rooms that could be used as small bedrooms and plenty of storage in attic. Buyer is advised to confirm all information, do all inspections and current survey. The property is being sold in "AS-IS" condition. Seller Addendum is part of any sales agreement.

Last Agent to Sell the Property

Nancy Jane Ogle

Carolina Mountain Realty, Inc. License #55595 Listed on: 01/12/2018

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • Level Lot

Parking

  • Shared Driveway

Home Design

  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 0799-05-09-7896

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.70140
  • Ratio Close Price By Original Li: 0.70140
  • Ratio Current Price By Acre: 291666.67
  • Ratio Current Price By Sq Ft: 25.33
  • Year Built: 1945
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 300
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Other
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1082
  • Total Sq Ft: 1382

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt, Shared

Utilities

  • Heating: Electric Baseboard Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Level, Mountain View
  • Parcel Number: 0799-05-09-7896
  • Plat Reference Section Pages: 967
  • Zoning: Residential
  • Zoning Specification: Resident

Tax Info

  • Tax Value: 50800.00
  • Tax Amount Ncm: 553.72
  • Tax Location: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
Kivett Gary B and Braswell Pam W
Bought by
Acuapa Jeronimo Santiago and Chavez Tersa
Current Estimated Value
$173,149

Purchase Details

Closed on
Aug 14, 2018
Sold by
Gary B Kivett
Bought by
Braswell Pam and Mckinney Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,437
Interest Rate
4.59%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Kivett Gary B
Bought by
Kivett Gary B and Braswell Pam W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,437
Interest Rate
4.59%

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 5, 2018
Sold by
Selene Finance Lp
Bought by
Kivett Gary B
Seller's Agent
Nancy Jane Ogle
Carolina Mountain Realty, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.08%

Purchase Details

Closed on
Sep 19, 2016
Sold by
Trustee Services Of Carolina Llc
Bought by
Selene Finance Lp

Purchase Details

Closed on
May 26, 2005
Sold by
Hoyle Kimberly S Martin and Hoyle Roy E
Bought by
Thompson Linda M and Phillips Ronnie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Acuapa Jeronimo Santiago $65,000 None Available
Braswell Pam $10 --
Kivett Gary B -- None Available
Kivett Gary B $35,000 None Available
Selene Finance Lp $76,500 Attorney
Thompson Linda M $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braswell Pam $25,437
Previous Owner Braswell Pam --
Previous Owner Thompson Linda M $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2018 03/08/18 Sold $35,000 -29.9% $25 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $49,900 -- $36 / 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 $389 $69,500 $22,000 $47,500
2024 $389 $69,500 $22,000 $47,500
2023 $360 $64,200 $22,000 $42,200
2022 $360 $64,200 $22,000 $42,200
2021 $199 $34,300 $18,000 $16,300
2020 $199 $34,300 $18,000 $16,300
2019 $199 $34,300 $18,000 $16,300
2018 $199 $34,300 $18,000 $16,300
2017 $295 $50,800 $9,000 $41,800
2016 $269 $50,800 $9,000 $41,800
2015 $269 $50,800 $9,000 $41,800
2014 $269 $50,800 $9,000 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3351794

Canopy MLS (Canopy Realtor® Association)

APN: 0799-05-09-7896