NOT LISTED FOR SALE

7428 Pine Summit Dr Fuquay Varina, NC 27526

Estimated Value: $436,000 - $652,000

3 Beds
2.5 Baths
2,800 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2022

Last sale price $385,000 $138 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,211 / mo

6 Days on Market

Highlights

  • 0.87 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Buckhorn Creek Elementary Rated A
  • Wood Flooring
  • No HOA

About This Home

As of January 2022

Home is a pre-foreclosure, no bank approval required. Home is being sold as is, see Property Disclosure for list of known items. Significate roof damage from 2018 hurricane. Never repaired. Water damage & mold in garage and bonus room. Total restoration and repair needed. Cosmetic clean up and repairs inside and out.

Last Agent to Sell the Property

Terri Lombardo

VentureREI LLC License #235840 Listed on: 11/22/2021

Last Buyer's Agent

Arthur Reichert

Pittman & Associates License #235468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 2003

Lot Details

  • 37,897 Sq Ft Lot
  • Lot Dimensions are 244 x 269 x 392 x 28

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Brick or Stone Mason
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Buckhorn Creek Elementary School
  • Holly Grove Middle School
  • Fuquay Varina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Pine Summit Subdivision

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,390

Year Built

Built in 2003

Lot Details

0.87 Acres

Parking

2

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Subdivision Name: Pine Summit
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 244 x 269 x 392 x 28
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Flooring Wood: Yes
  • Architectural Style Colonial: Yes
  • General Property Information Above Grade Finished Area: 2800.0
  • General Property Information Carport YN: No
  • Special Listing Conditions In Foreclosure: Yes
  • General Property Information Lot Size Square Feet2: 37897.2
  • General Property Information Lot Size Acres: 0.87
  • General Property Information:Living Area3: 2800.0
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Vinyl, Wood
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.87
  • Construction Type: Stone, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Fuquay Varina
  • Middle Or Junior School: Wake - Holly Grove

Lot Info

  • Lot Dimensions: 244 x 269 x 392 x 28
  • Lot Size Sq Ft: 37897.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2390.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Buckhorn Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 23, 2021
Sold by
Russell Brim James and Lynn Jackie
Bought by
Kushmer Matthew Dean
Seller's Agent
Terri Lombardo
VentureREI LLC
Buyer's Agent
Arthur Reichert
Pittman & Associates
List Price
$439,000
Sold Price
$385,000
Premium/Discount to List
-$54,000
-12.3%
Current Estimated Value
$546,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,301
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Jul 25, 2007
Sold by
Petranovich Sherrie Lynn and Petranovich Richard M
Bought by
Brim James Russell and Brim Jackie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2005
Sold by
Oconnor Kevin M and Oconnor Elizabeth B
Bought by
Scheller Sherrie L and Petranovich Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 5, 2003
Sold by
Revels Bobby Joe and Revels Ruby M
Bought by
Oconnor Kevin M and Oconnor Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
5.79%
Mortgage Type
Construction
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
Kushmer Matthew Dean $385,000 Jackson Law Pc
Brim James Russell $342,000 None Available
Scheller Sherrie L $315,000 None Available
Oconnor Kevin M $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brim James Russell $307,000
Previous Owner Scheller Sherrie L $299,250
Previous Owner Oconnor Kevin M $233,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $385,000 -- --
01/12/2022 01/12/22 Sold $385,000 -12.3% $138 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $439,000 -- $157 / Sq Ft
Source: Doorify MLS

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 $3,227 $501,383 $100,000 $401,383
2024 $3,134 $501,383 $100,000 $401,383
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Terri Lombardo

    VentureREI LLC

    Section Image

  • A

    Buyer's Agent in 2022

    Arthur Reichert

    Pittman & Associates

    (919) 270-1027

    4 in this area

    40 Total Sales

    Arthur Reichert
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2420345

Doorify MLS

APN: 0646.03-34-0152-000

North Carolina Wake County Fuquay-Varina

7428 Pine Summit Dr, Fuquay-Varina, NC

Not Listed for Sale

Detached

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