NOT LISTED FOR SALE

720 Summit St Walnut Cove, NC 27052

Estimated Value: $267,000 - $318,000

3 Beds
2 Baths
2,700 Sq Ft
$111/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $135,000 $50 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,809/month

58 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Zoned Heating and Cooling System
  • Attic
  • Porch
  • Attached Carport

About This Home

As of March 2016

This 1950 brick rancher has been maintained well. Property is on desirable street in town limits of Walnut Cove. No underground oil tank on the property.New roof in 2005,new HVAC in 2013.New water heater in Mar/2014.Clean termite report given in Sept/2015.The washer connection is located in the kitchen and the dryer in the carport attached utility room.Both bonus room and den have a closet. Property has access to natural gas.

Royda Jordan

Keller Williams Realty Elite License #278840 Listed on: 11/09/2015

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1950

Lot Details

  • 1.36 Acre Lot
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,568 Sq Ft Home
  • 2,300-2,700 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Walk-In Attic
  • Storm Doors
  • Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Southeastern Stokes Middle School
  • South Stokes High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 696318404767
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,620

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.36
  • Subdivision Name: None
  • Directions: From Winston Salem, travel North on US Hwy 52, take Germanton exit towards Germanton, travel through Germanton on Hwy 65 into Walnut Cove, Left onto US Hwy 311, Right on 8th Street, turn Right on Summit, house is on the Left.
  • Above Grade Finished Sq Ft: 2568
  • Architectural Style: Ranch
  • Unit Levels: One and One Half
  • Year Built: 1950
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Dead Bolt(s), Pantry
  • Other Equipment: Sump Pump
  • Has Basement: Unfinished, Cellar
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2568
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage, Partially Floored, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: City Lot, Level, Cleared
  • Construction Type: Brick
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, 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 #: 696318404767
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 119485.2941
  • TRIADMLS_DeedPage: 810
  • TRIADMLS_DeedBook: 538
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1620
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Mar 9, 2016
Sold by
Alcott Linda N and Alcott Jon
Bought by
Floyd Eric C and Floyd Jessica R
Buyer's Agent
Royda Jordan
Keller Williams Realty Elite
List Price
$162,500
Sold Price
$135,000
Premium/Discount to List
-$27,500
-16.92%
Total Days on Market
58
Current Estimated Value
$298,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,876
Avg. Annual Appreciation
8.13%
Original Mortgage
$138,817
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
First Citizens Bank & Trust Company
Bought by
Alcott Linda Neal and Neal George Franklin

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Floyd Eric C $135,000 Attorney
Alcott Linda Neal -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Eric Christopher $129,000
Closed Floyd Eric C $138,817
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $135,000 -16.9% $59 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $162,500 -- $71 / 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
2024 $1,728 $155,700 $32,000 $123,700
2023 $1,728 $155,700 $32,000 $123,700
2022 $1,650 $155,700 $32,000 $123,700
2021 $1,650 $155,700 $32,000 $123,700
2020 $1,487 $140,300 $31,000 $109,300
2019 $1,487 $140,300 $31,000 $109,300
2018 $1,487 $140,300 $31,000 $109,300
2017 $1,487 $140,300 $31,000 $109,300
2016 $1,651 $155,800 $31,000 $124,800
2015 $1,651 $155,800 $31,000 $124,800
2014 $1,709 $155,800 $31,000 $124,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Homes in Walnut Cove, NC

  • 1144 Mountain Ridge Rd, Walnut Cove, NC 27052

    $349,990

    • 4 Beds
    • 2.5 Baths
    • 2,140 Sq Ft
    • 1144 Mountain Ridge Rd
    • Walnut Cove, NC

    Active construction site, please contact onsite agent Tessia Smith for a private tour. 704-905-9090, tessia@westhomes.com. Welcome to the Fairhaven by West Homes. This stunning home offers 2,140 square feet of comfortable living space with 4 bedrooms, 2.5 baths, and plenty of upgrades. From the beautifully landscaped lot and charming front porch to the private patio perfect for outdoor

    Gretchen Coley Compass Carolinas, LLC

    Section Image
  • 1156 Mountain Ridge Rd, Walnut Cove, NC 27052

    $374,990

    • 4 Beds
    • 2.5 Baths
    • 2,192 Sq Ft
    • 1156 Mountain Ridge Rd
    • Walnut Cove, NC

    Active construction site, please contact onsite agent Tessia Smith for a private tour. 704-905-9090, tessia@westhomes.com. Built by West Homes, The Wyndham is a spacious 4-bedroom, 2.5-bath home with a 2-car garage, located in the Pine Ridge community of Rural Hall, North Carolina. Designed for modern living, it features a formal dining room, a bright breakfast nook, and a stylish kitchen with an

    Gretchen Coley Compass Carolinas, LLC

    Section Image
  • 203 Millbrook Ln, Walnut Cove, NC 27052

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 2,000 Sq Ft
    • 203 Millbrook Ln
    • Walnut Cove, NC

    Looking for charming country living with modern conveniences? Welcome to 203 Millbrook Lane! This 3-bedroom, 2.5-bath home is nestled on 1.23 peaceful acres in the heart of Walnut Cove. The property offers the perfect blend of privacy and accessibility, with close proximity to schools, shopping, and local amenities. Inside, you’ll find a spacious and inviting floor plan designed for both comfort

    Johnathan Meyers Berkshire Hathaway HomeServices Carolinas Realty

    Section Image
  • 7655 Salem Chapel Rd, Walnut Cove, NC 27052

    $345,000

    • 3 Beds
    • 1.5 Baths
    • 1,847 Sq Ft
    • 7655 Salem Chapel Rd
    • Walnut Cove, NC

    $5000 buyer closing credit with approved offer and buyer will also benefit from a $10,000 seller credit to lower your mortgage interest rate, reducing monthly payments and saving thousands over time. This credit helps make your home purchase more affordable while boosting long-term financial stability. 15K in total credits for This beautiful and fully restored home siting on a diamond shaped lot

    Dale Porter Hillcrest Realty Group

    Section Image
  • 1641 Wall Loop Rd, Walnut Cove, NC 27052

    $340,000

    • 3 Beds
    • 2 Baths
    • 2,565 Sq Ft
    • 1641 Wall Loop Rd
    • Walnut Cove, NC

    Discover this charming farmhouse nestled in Walnut Cove, boasting 4.82 +/- acres of picturesque land. Enjoy the tranquility from the expansive rocking chair front porch, overlooking the serene front yard. Inside, find ample living space with 3 bedrooms and 2 baths, a generously sized living room, and a dedicated dining area. Schedule your showing and see yourself living here!

    Carlee Cavagnari Carolina Triad Choice Realty

    Section Image
  • 6205 Salem Chapel Rd, Walnut Cove, NC 27052

    $259,900

    • 3 Beds
    • 1 Bath
    • 1,765 Sq Ft
    • 6205 Salem Chapel Rd
    • Walnut Cove, NC

    This charming all brick ranch home is located in a highly sought-after small community of Walnut Cove, offering a perfect combination of comfort & convenience. Its central location provides easy access to the vibrant cities of Madison, Greensboro & Winston-Salem, making it an ideal spot for shopping, entertainment & career opportunities. The serene surroundings & friendly neighborhood create a

    Renee Stanley CENTURY 21 THE KNOWLES TEAM

    Section Image
  • 4044 Sundance Dr, Walnut Cove, NC 27052

    $290,440

    • 3 Beds
    • 2 Baths
    • 1,392 Sq Ft
    • 4044 Sundance Dr
    • Walnut Cove, NC

    Built in 1994 and located in the Wooddale Acres neighborhood, this one level home offers approximately 1392 finished square feet, three bedrooms and two full baths, covered front porch and attached two car garage. This home sits on an approximate 25700 sqft lot.

    Sherry Price Real Home Services and Solutions, Inc.

    Section Image
  • 5195 Pine Hall Rd, Walnut Cove, NC 27052

    $240,000

    • 3 Beds
    • 2.5 Baths
    • 1,825 Sq Ft
    • 5195 Pine Hall Rd
    • Walnut Cove, NC

    MOTIVATED SELLER!! Welcome to this inviting split foyer home, perfectly situated on a spacious nearly acre lot! Offering both comfort and convenience, this property features 3 bedrooms and 2 bathrooms, providing plenty of space for family and guests. Step inside to find a bright and airy living area, complemented by large windows that let in an abundance of natural light. Downstairs, the

    Amanda Elder Realty One Group Results

    Section Image
  • 3017 Mountain Rd, Walnut Cove, NC 27052

    $259,999

    • 2 Beds
    • 2 Baths
    • 1,276 Sq Ft
    • 3017 Mountain Rd
    • Walnut Cove, NC

    **Open House 05/04/2025 1-3pm**This charming brick ranch home is situated on just under 4 acres of beautiful land in the heart of Stokes County. Minutes from Hanging Rock state park. The property offers the perfect blend of peaceful country living with convenient access to nearby amenities and main roads. Inside, you'll find a spacious living area filled with natural light, creating a warm and

    Deleep Paul Keller Williams Realty Elite

    Section Image

Source: Triad MLS

MLS Number: 776363

Triad MLS

APN: 696318404767