NOT LISTED FOR SALE

70 Summit Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $570,741 - $806,000

3 Beds
3 Baths
384 Sq Ft
$1,672/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $295,000 $768 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,505/month

95 Days on Market

Highlights

  • Home fronts a pond
  • Gated Community
  • Community Lake
  • Gated Parking
  • 4.82 Acre Lot
  • Deck

About This Home

As of August 2019

A Floral Oasis and a Certified Wildlife Habitat on almost 5 gated acres with fabulous views, an ABUNDANCE of plant and fruit species, gold fish and koi ponds, gazebo, chicken coop, workshop and much more! Also, a charming well maintained 3Br,3Ba older home which includes wormy chestnut walls, HW floors, fireplace, sun room, Florida room, 2nd kitchen, 2 car garage and more. Truly must see to appreciate!

Last Agent to Sell the Property

Marsha Ramey

Poss Realty Group - Clayton Brokerage Phone: 7067822121 Listed on: 04/17/2019

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 1950

Lot Details

  • 4.82 Acre Lot
  • Home fronts a pond
  • Fenced
  • Garden

Parking

  • 2 Car Garage
  • Circular Driveway
  • Gated Parking

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Workshop
  • Wood Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Water Feature

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6489600660

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.82
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: From Franklin take US-441 S (Georgia Rd) into Otto. Take a R onto Mulberry Rd and then a right onto Summit Rd just past the Church. The property starts on your left as soon as you make the turn with the white fence. First driveway on Left. Look for signs.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Attribution Contact: 7067822121
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Kitchen Island, Workshop

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Partially Cleared, Pond on Lot
  • Waterfront Features: Pond
  • Construction Type: Wood Siding
  • Exterior Features: Garden, Other, Water Feature
  • Other Structures: Gazebo, Shed(s), Workshop
  • Patio And Porch Features: Covered, Deck
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Garage, Two Car Garage, Gravel, Gated, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Other, See Remarks
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake
  • Association: No

Lot Info

  • Lot Size Sq Ft: 209959.2
  • Parcel #: 6489600660
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1023.89
  • Tax Lot: 0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2025
Sold by
Postell Lesa A and Postell Kenneth E
Bought by
Postell Lesa A and Postell Kenneth Bronce
Current Estimated Value
$641,935

Purchase Details

Closed on
Jul 26, 2024
Sold by
Tate Kenneth A and Revocabl Betsy
Bought by
8370 W Dixie Ct Llc

Purchase Details

Listed on
Apr 17, 2019
Closed on
Aug 27, 2019
Sold by
Kendall Jones Elizabeth
Bought by
Postell Lesa A and Postell Kenneth E
Seller's Agent
Marsha Ramey
Poss Realty Group - Clayton
Buyer's Agent
Non Member
Non-Member Office
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Harnage Charles A and Estate Of Philip James Schmidt
Bought by
Kendall Jones Elizabeth

Purchase Details

Closed on
Jul 15, 2015
Sold by
Schmidt Philip J and Schmidt Philip J
Bought by
Schmidt Philip J

Purchase Details

Closed on
Apr 24, 2003
Sold by
Whitaker Michael
Bought by
Schmidt, Philip J Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Postell Lesa A -- None Listed On Document
Postell Lesa A -- None Listed On Document
8370 W Dixie Ct Llc -- None Listed On Document
Postell Lesa A $295,000 None Available
Kendall Jones Elizabeth -- None Available
Schmidt Philip J -- None Available
Schmidt, Philip J Tr $220,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $295,000 -6.3% $768 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $315,000 -- $820 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

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 $1,692 $440,100 $96,540 $343,560
2024 $1,545 $440,100 $96,540 $343,560
2023 $1,222 $417,180 $106,160 $311,020
2022 $1,222 $219,810 $75,580 $144,230
2021 $1,222 $222,810 $75,580 $147,230
2020 $1,095 $222,810 $75,580 $147,230
2018 $1,024 $264,860 $94,470 $170,390
2017 $1,024 $224,370 $53,980 $170,390
2016 $1,024 $224,370 $53,980 $170,390
2015 $993 $224,370 $53,980 $170,390
2014 $909 $255,090 $74,710 $180,380
2013 -- $255,090 $74,710 $180,380
Source: Public Records

Agents Affiliated with this Home

  • Marsha Ramey

    Seller's Agent in 2019

    Marsha Ramey

    Poss Realty Group - Clayton

    (706) 490-1035

    5 in this area

    150 Total Sales

    Marsha Ramey
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Non-Member Office

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 90674

APN: 6489600660

North Carolina Macon County Otto 28763 Otto

70 Summit Rd, Otto, NC

Not Listed for Sale

Detached

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