612 Summerow Rd Unit 22 Stanley, NC 28164
3
Beds
1
Bath
1,100
Sq Ft
1.45
Acres
Highlights
- Deck
- Ranch Style House
- Forced Air Heating System
- Wooded Lot
- Shed
- Open Lot
About This Home
As of January 2025This estate property is a GREAT "fix & flip" opportunity for the right investment buyer! The ranch style home is situated on a large 1.45 acres parcel consisting of three lots located in the Marsh Cavin subdivision just outside the town of Stanley. The house offers 1100 square feet of heated living area (HLA) with a large unheated bonus room that could be converted into additional heated living space! A separate unheated utility room provides ample space for a washer and dryer along with additional storage. There is also a large two-story building that sits at the back corner of the lot which could be converted into a workshop or storage building. The home has been vacant for several months and electrical power is not turned on. A copy of the septic system permit could not be located by Gaston County Environmental Health (GCEH) so the number of bedrooms occupancy rating is unknown until a new permit is issued.
Last Agent to Sell the Property
EXP Realty LLC Brokerage Email: dan.collins@dancobroker.com License #322225 Listed on: 12/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,397
Year Built
- Built in 1961
Lot Details
- Open Lot
- Wooded Lot
- Property is zoned R1
Home Design
- Ranch Style House
- Brick Exterior Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- Vinyl Flooring
- Crawl Space
- Electric Range
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- 2 Open Parking Spaces
Outdoor Features
- Deck
- Shed
- Outbuilding
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Electric Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 167602
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2024
Closed on
Jan 7, 2025
Sold by
Smoky Mountain Equity Llc
Bought by
Tranquilliam Homes Llc
Seller's Agent
Dan Collins
EXP Realty LLC
Buyer's Agent
Peyton Mumpower
Better Homes and Gardens Real Estate Paracle
Sold Price
$120,000
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
240.21%
Purchase Details
Closed on
Mar 28, 2022
Sold by
Combs Ferrell Cynthia
Bought by
Combs Warren Douglas
Purchase Details
Closed on
Jan 14, 1986
Bought by
Combs Bobby L
Similar Home in Stanley, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | Harbor City Title | |
| Warranty Deed | $120,000 | Harbor City Title | |
| Warranty Deed | $120,000 | Harbor City Title | |
| Quit Claim Deed | -- | Groshon J Baron | |
| Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $605,000 | Unknown | |
| Previous Owner | $5,200 | Unknown | |
| Previous Owner | $32,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Price Changed | $250,000 | -9.1% | $190 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $275,000 | -3.5% | $208 / Sq Ft |
| 04/29/2025 04/29/25 | For Sale | $285,000 | +137.5% | $216 / Sq Ft |
| 01/07/2025 01/07/25 | Sold | $120,000 | -- | $109 / Sq Ft |
| 12/23/2024 12/23/24 | Pending | -- | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,397 | $195,600 | $26,880 | $168,720 |
| 2023 | $1,359 | $195,600 | $26,880 | $168,720 |
| 2022 | $1,208 | $131,320 | $20,020 | $111,300 |
| 2021 | $1,220 | $131,320 | $20,020 | $111,300 |
| 2019 | $1,207 | $131,320 | $20,020 | $111,300 |
| 2018 | $941 | $97,541 | $19,020 | $78,521 |
| 2017 | $956 | $99,080 | $19,020 | $80,060 |
| 2016 | $951 | $99,080 | $0 | $0 |
| 2014 | $761 | $79,673 | $27,750 | $51,923 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Lipszyc
Seller's Agent in 2025
Debbie Lipszyc
Giving Tree Realty
(980) 277-1192
69 Total Sales
-
Dan Collins
D
Seller's Agent in 2025
Dan Collins
EXP Realty LLC
(803) 518-4585
1 in this area
10 Total Sales
-
Peyton Mumpower
Buyer's Agent in 2025
Peyton Mumpower
Better Homes and Gardens Real Estate Paracle
(423) 742-5494
1 in this area
2 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4208922
APN: 167602
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