NOT LISTED FOR SALE

720 Summit St Walnut Cove, NC 27052

Estimated Value: $275,000 - $320,000

3 Beds
2 Baths
2,700 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 11, 2016

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

Est. 118% increase in value since last sale

Current estimated payment $1,740/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.

Last Buyer's Agent

Royda Jordan

Keller Williams Realty Elite License #278840

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_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: 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%
Current Estimated Value
$294,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,956
Avg. Annual Appreciation
8.54%
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
Source: Public Records

Range of Values:

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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
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
2025 $2,192 $216,500 $40,000 $176,500
2024 $2,192 $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

  • Royda Jordan

    Buyer's Agent in 2016

    Royda Jordan

    Keller Williams Realty Elite

    (336) 391-1316

    111 Total Sales

    Royda Jordan
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Map

Source: Triad MLS

MLS Number: 776363

Triad MLS

APN: 696318404767

North Carolina Stokes County Walnut Cove 27052

720 Summit St, Walnut Cove, NC

This home is located at 720 Summit St, Walnut Cove, NC 27052 since 09 November 2015 and is currently estimated at $294,956, approximately $109 per square foot. This property was built in 1950. 720 Summit St is a home located in Stokes County with nearby schools including London Elementary School, Southeastern Stokes Middle School, and South Stokes High.

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