NOT LISTED FOR SALE

703 & 699 Summers Rd Valdese, NC 28690

Estimated Value: $344,000 - $410,000

3 Beds
1.5 Baths
2,060 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $275,000 $133 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,184/month

32 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Wood Burning Fireplace
  • Heritage Middle School Rated A-
  • Level Lot

About This Home

As of April 2021

Both homes on this one large, level, 1.8 acre lot have had recent updates. The main house is a roomy 3 BR/1.5 BA with living room, parlor with French doors, large laundry room, and a dedicated dining room with built-in desk. Kitchen has new granite tops, tile backsplash, rich cabinetry including spacious pantry. New hardwoods in main areas. LR has lovely painted brick w/brick fireplace with granite accents. Roof 5 yrs old, HVAC 1 yr. Smaller house is 2 BR/1 BA. Hardwoods/tile, renovated kitchen, tile shower, roof 3 yrs old, HVAC 1 yr.

Last Agent to Sell the Property

Lori Phelps

Coldwell Banker Boyd & Hassell License #183199 Listed on: 01/22/2021

Coldwell Banker Boyd & Hassell

Last Buyer's Agent

Chris Gettys

EXP Realty LLC Mooresville License #198506

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 1.81

Interior Spaces

  • Wood Burning Fireplace

Flooring

  • Wood
  • Tile

Additional Features

  • Shed
  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6784

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 1.05769
  • Ratio Close Price By Original Li: 1.05769
  • Ratio Current Price By Acre: 151933.70
  • Ratio Current Price By Sq Ft: 133.50
  • Year Built: 1962
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Microwave
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Second Living Quarters: Exterior Not Connected
  • Second Living Quarters Hla: 737
  • Main Level Sq Ft: 2060
  • Total Sq Ft: 2060
  • Sq Ft Unheated Basement: 1223
  • Sq Ft Unheated Total: 1223

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Drexel
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.810
  • Parcel Number: 6784
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 165538.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Apr 2, 2021
Sold by
Yang Maika Yeng
Bought by
Winn Brandon Nichols and Winn Elizabeth
Seller's Agent
Lori Phelps
Coldwell Banker Boyd & Hassell
Buyer's Agent
Chris Gettys
EXP Realty LLC Mooresville
List Price
$260,000
Sold Price
$275,000
Premium/Discount to List
$15,000
5.77%
Current Estimated Value
$382,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,215
Avg. Annual Appreciation
7.50%
Original Mortgage
$240,000
Outstanding Balance
$215,988
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,227

Purchase Details

Closed on
Jul 25, 2018
Sold by
Powell Larry and Powell Carolyn
Bought by
Yang Maika Yeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,125
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Winn Brandon Nichols $275,000 None Available
Winn Brandon Nichols $275,000 None Available
Yang Maika Yeng $168,000 None Available
Yang Maika Yeng $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winn Brandon Nichols $240,000
Previous Owner Yang Maika Yeng $159,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $275,000 +5.8% $133 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $260,000 -- $126 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,961 $271,286 $23,017 $248,269
2024 $1,966 $271,286 $23,017 $248,269
2023 $1,966 $271,286 $23,017 $248,269
2022 $1,821 $214,327 $23,017 $191,310
2021 $1,432 $165,538 $23,017 $142,521
2020 $1,424 $165,538 $23,017 $142,521
2019 $1,424 $165,538 $23,017 $142,521
2018 $1,412 $164,001 $23,017 $140,984
2017 $860 $164,001 $23,017 $140,984
2016 $838 $164,001 $23,017 $140,984
2015 $833 $164,001 $23,017 $140,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3701105

Canopy MLS (Canopy Realtor® Association)

APN: 6784