NOT LISTED FOR SALE

616 Summit St Walnut Cove, NC 27052

Estimated Value: $396,000 - $539,000

5 Beds
3.5 Baths
3,185 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $185,000 $58 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,597/month

603 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of December 2013

BEAUTIFUL!!! Move in Ready! 5 BR, 3.5BA Colonial on 2.5 acres Boasts its Unique Character, Charm and Warmth. New Roof 2007,Newer Plumbing/Electrical/Panel Box/French Drain(Update Info Sheet Avail upon request) Walk'g distance to downtown Walnut Cove. Renovated throughout Time you'll LOVE the Modern Conveniences, Updated Appl's, Lg BR's, Laundry Rm w/Utility Sink,Heated/Cooled Wired Workshop/Studio, TONS of Storage & MORE!!! Minutes to Kernersville/GSO/PTI Airport/Winston-Salem/Madison/Martinsville!

Last Agent to Sell the Property

Gail Kerber

KERBAPPEALS REAL ESTATE, LLC License #227020 Listed on: 02/15/2012

Last Buyer's Agent

Tim Montgomery

Carolina Farms & Homes Danbury License #270246

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1911

Lot Details

  • 2.61 Acre Lot
  • Dog Run
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RS

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 3,185 Sq Ft Home
  • Property has 2 Levels
  • Shelving
  • Ceiling Fan
  • Gas Log Fireplace
  • Den with Fireplace
  • Unfinished Basement
  • Basement Cellar
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • City Lot

Schools

  • Southeastern Stokes Middle School
  • South Stokes High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4187 / 1840
  • Assessor Parcel Number 696318404187
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 2.61
  • Directions: From Greensboro: NC 68N, Left on Hwy 158 - straight to NC 65, Follow NC 65 toward Walnut Cove, R on US 311, R on 3rd St, L on Summit; Home is on Right.
  • Above Grade Finished Sq Ft: 3185
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Year Built: 1911
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 0
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3185
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Attached Microwave Oven,Dishwasher,Slide-In Oven/Range, Water Heater: Gas
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Shelves, Ceiling Fan(s), CO Detector, Dead Bolt(s), Dryer Connection, Gas Logs, Laundry Room - Main Level, Pantry, Smoke Alarm, Washer Connection
  • Has Basement: Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 3185
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Dog Run, Garden Space, Patio, Paved Drive, Porch, Storage Building(s)
  • Fencing: None
  • Lot Features: City Lot, Level, Rolling Slope, Partially Cleared, Partially Wooded
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement, Cellar
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Paved Drive, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Natural Gas, Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas, Remarks
  • Water Heater: Gas
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: London
  • High School: South Stokes
  • Middle Or Junior School: Southeastern Stokes

Lot Info

  • Parcel #: 696318404187
  • Zoning: RS

Tax Info

  • Tax Annual Amount: 2699.84
  • Tax Block: 1840
  • Tax Lot: 4187
  • Tax Map Number: 6963
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2012
Closed on
Dec 10, 2013
Sold by
Scott Tara Allison Boney and Scott Joseph
Bought by
Scott Tara Allison Boney and Scott Joseh
Seller's Agent
Gail Kerber
KERBAPPEALS REAL ESTATE, LLC
Buyer's Agent
Tim Montgomery
Carolina Farms & Homes Danbury
List Price
$265,000
Sold Price
$185,000
Premium/Discount to List
-$80,000
-30.19%
Current Estimated Value
$447,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,282
Avg. Annual Appreciation
7.54%
Original Mortgage
$188,775
Outstanding Balance
$140,818
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$306,464

Purchase Details

Listed on
Feb 15, 2012
Closed on
Dec 3, 2013
Sold by
Pipes Danalee C and Pipes Richard W
Bought by
Scott Tara Allison Boney
Seller's Agent
Gail Kerber
KERBAPPEALS REAL ESTATE, LLC
Buyer's Agent
Tim Montgomery
Carolina Farms & Homes Danbury
List Price
$265,000
Sold Price
$185,000
Premium/Discount to List
-$80,000
-30.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,775
Outstanding Balance
$140,818
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$306,464

Purchase Details

Closed on
Nov 10, 2005
Sold by
Smart Murray Wayne and Smart Susan Tharpe
Bought by
Pipes Danalee C and Pipes Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
5.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Scott Tara Allison Boney -- None Available
Scott Tara Allison Boney $185,000 None Available
Pipes Danalee C $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Tara Allison Boney $188,775
Previous Owner Pipes Danalee C $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2013 12/05/13 Sold $185,000 -30.2% $58 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
02/15/2012 02/15/12 For Sale $265,000 -- $83 / Sq Ft
Source: Triad 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 $3,367 $332,500 $54,500 $278,000
2024 $3,367 $224,900 $43,500 $181,400
2023 $2,496 $224,900 $43,500 $181,400
2022 $2,384 $224,900 $43,500 $181,400
2021 $2,384 $224,900 $43,500 $181,400
2020 $2,106 $198,700 $42,500 $156,200
2019 $2,106 $198,700 $42,500 $156,200
2018 $2,106 $198,700 $42,500 $156,200
2017 $2,106 $198,700 $42,500 $156,200
2016 $2,057 $194,100 $42,500 $151,600
2015 $2,057 $194,100 $42,500 $151,600
2014 $2,700 $194,100 $42,500 $151,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gail Kerber

    KERBAPPEALS REAL ESTATE, LLC

    (336) 327-1165

    22 Total Sales

    Gail Kerber
    Section Image

  • T

    Buyer's Agent in 2013

    Tim Montgomery

    Carolina Farms & Homes Danbury

    (336) 413-0759

    30 Total Sales

    Tim Montgomery
    Section Image
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Map

Source: Triad MLS

MLS Number: 634314

Triad MLS

APN: 696318404187

North Carolina Stokes County Walnut Cove 27052

616 Summit St, Walnut Cove, NC

Not Listed for Sale

Detached

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