NOT LISTED FOR SALE

702 Summit Ave Kinston, NC 28501

Estimated Value: $518,011

Studio
-- Bath
272,250 Sq Ft
$2/Sq Ft Est. Value

About This Home

This home is located at 702 Summit Ave, Kinston, NC 28501 and is currently estimated at $518,011, approximately $1 per square foot. 702 Summit Ave is a home located in Lenoir County with nearby schools including Northeast Elementary School, Rochelle Middle School, and Kinston High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Borco Inc
Bought by
Starboard Yard Llc
Current Estimated Value
$518,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$262,933
Interest Rate
9.5%
Estimated Equity
$255,078

Purchase Details

Closed on
May 19, 2020
Sold by
Ormond Development Llc
Bought by
Borco Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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.

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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.

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Quantarium

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Average Value
Not Available
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
Starboard Yard Llc $444,500 None Listed On Document
Starboard Yard Llc $444,500 None Listed On Document
Borco Inc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starboard Yard Llc $265,000
Closed Starboard Yard Llc $265,000
Open Starboard Yard Llc $4,611,000
Closed Starboard Yard Llc $4,611,000
Previous Owner Borco Inc $200,000
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 $5,262 $374,500 $84,975 $289,525
2024 $3,625 $224,442 $34,250 $190,192
2023 $3,625 $224,442 $34,250 $190,192
2022 $3,625 $224,442 $34,250 $190,192
2021 $3,625 $224,442 $34,250 $190,192
2020 $3,535 $224,442 $34,250 $190,192
2019 $3,535 $224,442 $34,250 $190,192
2018 $3,434 $224,442 $34,250 $190,192
2017 $3,445 $224,442 $34,250 $190,192
2014 $3,740 $250,145 $34,250 $215,895
2013 -- $250,145 $34,250 $215,895
2011 -- $250,145 $34,250 $215,895
Source: Public Records

Map

North Carolina Lenoir County Kinston 28501

702 Summit Ave, Kinston, NC

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