NOT LISTED FOR SALE

8040 Summit Ridge Dr Unit 17 and 18 Catawba, NC 28609

Estimated Value: $233,000 - $432,000

4 Beds
6 Baths
5,048 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $643,500 $127 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,775/month

191 Days on Market

Highlights

  • Spa
  • Waterfront
  • Wood Flooring
  • Bandys High School Rated 9+
  • Wooded Lot
  • Modern Architecture

About This Home

As of December 2018

Everything you’ve dreamed of and privacy galore with this custom-built WATERFRONT home situated in the middle of almost 2 AC! This home boasts incredible craftmanship, three levels of well maintained and spacious floorplans. Gourmet kitchen including all brand-new appliances. Master on main level with custom stone bath and his and her walk-in closets. Bedrooms and baths on all levels, wet bar and media room! Freshly painted interiorly and exteriorly, refinished hardwood floors, new carpets, updated landscaping! Boat slip and lift. Relax in your hot tub situated among the koi pond with a waterfall. Internet values do not include whole parcel or 100K+ improvements. Adjoining 1.08 AC Lot #19 MLS# 3400669 can be purchased also.

Last Agent to Sell the Property

Tammy Wingo

Waters Edge Real Estate Firm Inc License #164598 Listed on: 05/18/2018

Co-Listed By

Jarod Trew

Waters Edge Real Estate Firm Inc License #277974

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 2006

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Breakfast Bar
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Parking

  • Attached Garage
  • Gravel Driveway

Outdoor Features

  • Spa
  • Shed

Community Details

  • Bumgardner Association Management Association, Phone Number (704) 829-7878

Listing and Financial Details

  • Assessor Parcel Number 4710010653510000
  • Tax Block 17 and 18

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Modern
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95333
  • Ratio Close Price By Original Li: 0.75706
  • Ratio Current Price By Acre: 365625.00
  • Ratio Current Price By Sq Ft: 127.48
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1194
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Central Vacuum, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Security System, Electric Oven
  • Fireplace Description: Great Room, Rec Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704 829 7878
  • Interior Amenities: Attic Walk-in, Breakfast Bar, Garden Tub, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1927
  • Main Level Sq Ft: 1927
  • Total Sq Ft: 5048
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Garage Door Opener

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Bumgardner Association Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Waterfront, Wooded
  • Lot Size Area: 1.760
  • Parcel Number: 4710010653510000
  • Plat Book Slide: 48-134
  • Plat Reference Section Pages: 48-134
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 510700.00
  • Tax Block: 17 and 18
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Adair Brian C
Bought by
Baskett Dauglas and Baskett Susan
Current Estimated Value
$321,472

Purchase Details

Listed on
May 18, 2018
Closed on
Dec 28, 2018
Sold by
Liv Lackey Gregory C
Bought by
Adair Brian C
Seller's Agent
Tammy Wingo
Waters Edge Real Estate Firm Inc
Buyer's Agent
Chris Gettys
EXP Realty LLC Mooresville
List Price
$850,000
Sold Price
$643,500
Premium/Discount to List
-$206,500
-24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.73%
Original Mortgage
$514,800
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2018
Sold by
Lackey Gregory C
Bought by
Lackey Gregory C and Gregory C Lackey Revocable Living Trust

Purchase Details

Closed on
Sep 15, 2017
Sold by
Spires Christian J and Spires Julie Lynn
Bought by
Lackey Gregory C and Lackey Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Greenlee Warren and Greenlee Lori K
Bought by
Spires Christian J and Spires Julie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2004

Purchase Details

Closed on
May 6, 2002
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
Baskett Dauglas $239,500 None Listed On Document
Adair Brian C $643,500 None Available
Lackey Gregory C -- None Available
Lackey Gregory C $530,000 None Available
Spires Christian J $198,000 None Available
-- $45,000 --
-- $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adair Brian C $514,800
Previous Owner Lackey Gregory C $424,000
Previous Owner Spires Christian J $185,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $643,500 -4.7% $127 / Sq Ft
11/25/2018 11/25/18 Pending -- -- --
09/01/2018 09/01/18 Price Changed $675,000 -2.2% $134 / Sq Ft
07/25/2018 07/25/18 Price Changed $690,000 -1.4% $137 / Sq Ft
06/07/2018 06/07/18 Price Changed $700,000 -17.6% $139 / Sq Ft
05/18/2018 05/18/18 For Sale $850,000 -- $168 / 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 $238 $48,400 $48,400 $0
2024 $238 $48,400 $48,400 $0
2023 $234 $46,000 $46,000 $0
2022 $324 $46,000 $46,000 $0
2021 $4,389 $622,500 $46,000 $576,500
2020 $4,389 $622,500 $46,000 $576,500
2019 $4,389 $622,500 $0 $0
2018 $3,498 $510,700 $45,400 $465,300
2017 $3,498 $0 $0 $0
2016 $3,498 $0 $0 $0
2015 $3,105 $510,700 $45,400 $465,300
2014 $3,105 $517,500 $91,400 $426,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3393407

Canopy MLS (Canopy Realtor® Association)

APN: 4710010653510000