NOT LISTED FOR SALE

573 Summit Dr Moorefield, WV 26836

Estimated Value: $438,000 - $570,000

4 Beds
2.5 Baths
2,804 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $465,000 $166 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,754/month

12 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Wood Flooring
  • Deck
  • Backs to Trees or Woods
  • Space For Rooms

About This Home

As of May 2024

Nestled on over 3.5 acres in the sought after Summit Oaks neighborhood just outside of Moorefield, WV, this stately home offers a perfect blend of sophistication and tranquility.
Step into the heart of the home, where a spacious eat-in kitchen awaits, complete with a walk-in pantry and breakfast bar. The expansive great room boasts vaulted ceilings and a stunning stone fireplace, creating an inviting atmosphere for gatherings.
Beautiful hardwood floors flow throughout, complemented by freshly painted walls and brand-new carpeting. The primary bedroom features a huge walk-in closet and a luxurious jetted soaking tub, providing a serene retreat.
Entertain with ease in the formal dining and living areas or choose from several home office options for remote work. The massive basement offers ample storage and walk-out access to the sprawling grounds. The huge basement offers possibilities for playroom, home theater, gym, and more.
With a large two-car garage and storage shed, there's plenty of space for all your toys. Outside, enjoy the woodsy setting, complete with a firepit and elegant landscaping, perfect for outdoor relaxation and entertainment.
Experience the epitome of relaxed living in this exquisite home surrounded by nature's beauty, convenient to Moorefield in a coveted neighborhood. Don’t miss your chance to own 573 Summit Drive!

Last Agent to Sell the Property

Derek Cole

(703) 380-4474 derekcoleproperties@gmail.com Samson Properties Listed on: 02/25/2024

Samson Properties

Last Buyer's Agent

Ken and Lynn Judy

(304) 668-1733 kenjudy58@gmail.com Exp Realty, LLC License #028886

Exp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 2003

Lot Details

  • 3.61 Acre Lot
  • Stone Retaining Walls
  • Landscaped
  • No Through Street
  • Level Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is zoned 101

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1.5 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Bay Window
  • Family Room Off Kitchen
  • Formal Dining Room
  • Open Floorplan
  • Views of Woods
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Garage Access
  • Space For Rooms
  • Basement Windows

Home Security

  • Fire and Smoke Detector
  • Flood Lights

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • On Site Septic
  • Phone Available

Community Details

  • Summit Oaks Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 05 343008700000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 2003

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-02-25
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile, Luxury Vinyl Tile, Concrete
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Walkout Stairs, Garage Access, Interior Access, Space For Rooms, Unfinished, Windows
  • Laundry Type: Hookup
  • Total Sq Ft: 4340
  • Living Area Sq Ft: 2804
  • Price Per Sq Ft: 167.26
  • Above Grade Finished Sq Ft: 2804
  • Below Grade Sq Ft: 1536
  • Total Below Grade Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Vinyl Siding, Concrete
  • Exterior Features: Flood Lights, Gutter System, Outbuilding(s), Stone Retaining Walls
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Lighted Parking, Paved Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: On Site Septic
  • Utilities: Propane, Electric Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Front Yard, Landscaping, Level, No Thru Street, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 3.61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 157252.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 101
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 862.00
  • Tax Annual Amount: 1376.00
  • Assessor Parcel Number: 05 343008700000000
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: HARDY COUNTY SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
May 3, 2024
Sold by
Arbaugh Sheldon W and Arbaugh Lauren M
Bought by
Oliverio Vincent J and Oliverio Jordan L
Seller's Agent
Derek Cole
Samson Properties
Buyer's Agent
Ken and Lynn Judy
Exp Realty, LLC
List Price
$469,000
Sold Price
$465,000
Premium/Discount to List
-$4,000
-0.85%
Views
87
Current Estimated Value
$487,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,394
Avg. Annual Appreciation
2.76%
Original Mortgage
$465,000
Outstanding Balance
$456,550
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$30,844

Purchase Details

Closed on
Jan 12, 2023
Sold by
Arbaugh Sheldon W
Bought by
Arbaugh Sheldon W and Arbaugh Lauren M

Purchase Details

Closed on
Jan 28, 2019
Sold by
Arbaugh Jeanette K
Bought by
Arbaugh Sheldon W

Purchase Details

Closed on
Feb 27, 2009
Sold by
Arbaugh Sheldon W
Bought by
Champ Jeanette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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

Purchase History

Date Buyer Sale Price Title Company
Oliverio Vincent J $465,000 None Listed On Document
Oliverio Vincent J $465,000 None Listed On Document
Oliverio Vincent J $465,000 None Listed On Document
Arbaugh Sheldon W -- --
Arbaugh Sheldon W -- --
Champ Jeanette K -- --
Arbaugh Sheldon W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliverio Vincent J $465,000
Closed Oliverio Vincent J $465,000
Previous Owner Arbaugh Sheldon W $78,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $465,000 -0.9% $166 / Sq Ft
02/25/2024 02/25/24 For Sale $469,000 -- $167 / Sq Ft
Source: Bright 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 $1,870 $243,130 $33,310 $209,820
2024 $1,334 $173,280 $33,300 $139,980
2023 $1,338 $173,170 $33,310 $139,860
2022 $1,376 $176,770 $33,310 $143,460
2021 $1,313 $168,540 $33,300 $135,240
2020 $1,266 $163,450 $33,310 $130,140
2019 $1,277 $163,450 $33,310 $130,140
2018 $1,276 $163,440 $33,300 $130,140
2017 $1,271 $162,850 $29,950 $132,900
2016 $1,278 $162,840 $29,940 $132,900
2015 $1,277 $162,870 $29,940 $132,930
2014 $1,278 $162,870 $29,940 $132,930
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: WVHD2001974

Bright MLS

APN: 05-343-00870000