$620,000
SOLD FEB 3, 2023

537 Summit Pkwy Bostic, NC 28018

3 Beds
2.5 Baths
2,952 Sq Ft
6.19 Acres

Recently Sold

$210 Per Sq Ft

8% Below List Price

107 Days on Market

Highlights

  • Open Floorplan
  • Great Room with Fireplace
  • Wood Flooring
  • Private Lot
  • Wooded Lot
  • Screened Porch

About This Home

As of February 2023

Spectacular log home in The Summit. Long-range Mountain Views from just about anywhere in the house. Over 6 acres, three separate Parcels, and ideal for Full Time Residence or Vacation Home. Beautiful hardwood & tile floors. Vaulted ceilings, Gas log fireplace. Granite counters, 5 burner gas stove, Stainless Steel appliances. Convenient main-level laundry room off the kitchen. Main level Primary bedroom with spacious walk-in closet & Primary bath w/ dual vanity, claw foot tub & tile shower. The main level deck has breathtaking views of the South Mountains. Downstairs enjoys the comfort of a family room, 2 additional bedrooms,1 full bathroom & plenty of storage. 2 car attached basement garage. Screened Porches and Big Yard. Small fenced dog lot. Water filtration system. Short drive to Forest City, Marion, Rutherfordton, Lake Lure, Asheville, and all the best Recreation Western North Carolina offers. New Concrete Driveway and Hand stacked Landscape Stone. Furniture is Negotiable!

Last Agent to Sell the Property

Ken Williams

Pinnacle Sothebys International Realty License #169568 Listed on: 10/19/2022

Pinnacle Sothebys International Realty

Last Buyer's Agent

Spencer Miller

LPT Realty, LLC License #317290

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 2011

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Great Room with Fireplace
  • Screened Porch
  • Home Security System
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Garage
  • Basement Garage

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank

Community Details

  • Summit Poa, Phone Number (305) 775-9858
  • The Summit Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 1638060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,165

Year Built

Built in 2011

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2011
  • Ratio Current Price By Acre: 100161.55
  • Restrictions: Architectural Review,Building,Deed,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Restrictions Description: Deed and Community Restrictions
  • Road Surface Type: Concrete, Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 210.03
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1870
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 174
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 174
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Screened
  • Fixture Exception Description: Chandelier/lamp above the bar in the basement
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Gas Range, Microwave, Propane Cooktop, Refrigerator, Security System
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1082
  • Fireplace Features: Gas Log, Ventless, Great Room
  • Living Area: 2952
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 1500
  • Construction Type: Log

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 614
  • Parking Features: Basement, Garage - 2 Car

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Summit POA
  • Phone: 305-775-9858
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: summitpoabod@outlook.com
  • CAR_YearlyHOAExpense: 550.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved, Private, Views, Wooded, Year Round View
  • Lot Size Area: 6.19
  • Lot Size Units: Acres
  • Parcel Number: 1638060
  • Plat Book Slide: 26/16
  • Plat Reference Section Pages: 26/16
  • Lot Size: See Plat
  • Additional Parcels Description: 1638059, 1638058
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.05566

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 15, 2021
Sold by
Lucky Investments Llc
Bought by
Swilley Charles Michael and Swilley Wendy Joan
Seller's Agent
Carol Parker
Tryon Horse & Home LLC
Buyer's Agent
Cory Coady
Arrow Realty and Land Development
List Price
$625,000
Sold Price
$599,900
Premium/Discount to List
-$25,100
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$159,900
Outstanding Balance
$146,130
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$531,089

Purchase Details

Closed on
Apr 7, 2021
Sold by
Turturro Nicholas and Turturro Deborah
Bought by
Lucky Investments Llc

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 23, 2020
Sold by
Rehman Saeed U and Rehman Pamela S
Bought by
Turturro Nicholas
Seller's Agent
Sherry Reavis
RE/MAX Journey
Buyer's Agent
Angie Bridges
HOME Group LLC
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$316,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 7, 2018
Sold by
Janik Dale A and Janik Donna R
Bought by
Rehman Saeed U and Rehman Pamela S
Seller's Agent
Charles Burgess
Epic Life Realty Group
Buyer's Agent
Julie Thompson
EXP Realty LLC
List Price
$315,000
Sold Price
$315,500
Premium/Discount to List
$500
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$252,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Fall Creek Land Co Inc
Bought by
Janik Dale A and Janik Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
5.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $600,000 None Available
Warranty Deed -- None Available
Warranty Deed $395,000 None Available
Warranty Deed $315,500 None Available
Warranty Deed $50,000 None Avilabale
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,900 New Conventional
Previous Owner $316,000 New Conventional
Previous Owner $252,000 New Conventional
Previous Owner $51,500 Credit Line Revolving
Previous Owner $212,000 New Conventional
Previous Owner $212,000 New Conventional
Previous Owner $44,900 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $679,000 +9.5% $222 / Sq Ft
02/03/2023 02/03/23 Sold $620,000 -4.6% $210 / Sq Ft
11/16/2022 11/16/22 Price Changed $650,000 -3.7% $220 / Sq Ft
10/19/2022 10/19/22 For Sale $675,000 +12.5% $229 / Sq Ft
10/18/2021 10/18/21 Sold $599,900 0.0% $191 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/31/2021 08/31/21 Price Changed $599,900 -4.0% $191 / Sq Ft
08/12/2021 08/12/21 For Sale $625,000 +48.8% $199 / Sq Ft
11/05/2020 11/05/20 Sold $420,000 +1.2% $142 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $415,000 +31.5% $140 / Sq Ft
05/08/2018 05/08/18 Sold $315,500 +0.2% $106 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $315,000 -- $106 / 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 $3,165 $469,100 $33,000 $436,100
2024 $3,012 $469,100 $33,000 $436,100
2023 $2,608 $469,100 $33,000 $436,100
2022 $2,608 $321,600 $33,000 $288,600
2021 $2,559 $316,200 $33,000 $283,200
2020 $2,515 $314,400 $33,000 $281,400
2019 $2,507 $314,400 $33,000 $281,400
2018 $2,596 $322,400 $57,400 $265,000
2016 $2,519 $322,400 $57,400 $265,000
2013 -- $322,400 $57,400 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3914539

Canopy MLS (Canopy Realtor® Association)

APN: 1638060