NOT LISTED FOR SALE

8060 Summit Ridge Dr Catawba, NC 28609

Estimated Value: $835,000 - $1,130,638

2 Beds
2 Baths
3,813 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $600,000 $157 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,291/month

26 Days on Market

About This Home

As of May 2021

Beautiful waterfront home on the north end of Lake Norman. This is a custom-built home with a private dock. Two car detached garage with efficiency on top. Loads of privacy with quiet cove views.

Last Agent to Sell the Property

John Bradford

Vylla Home License #244653 Listed on: 03/05/2021

Vylla Home

Last Buyer's Agent

Allen Smith

Legacy Realty NC LLC License #282016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Alluvia Association

Listing and Financial Details

  • Assessor Parcel Number 4710010674700000

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 1.09111
  • Ratio Close Price By Original Li: 1.09111
  • Ratio Current Price By Acre: 722891.57
  • Ratio Current Price By Sq Ft: 157.36
  • Year Built: 2004
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Upper Level Garage
  • Sq Ft Basement: 1641
  • Main Level Sq Ft: 2172
  • Total Sq Ft: 3813
  • Sq Ft Unheated Basement: 316
  • Sq Ft Unheated Total: 316

Exterior Features

  • Construction: Stone Veneer, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Propane
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Alluvia
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Water view, Waterfront, Wooded
  • Parcel Number: 4710010674700000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 396400.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
May 18, 2021
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Saunders Dana Phillips and Saunders Ronald W
Seller's Agent
John Bradford
Vylla Home
Buyer's Agent
Allen Smith
Legacy Realty NC LLC
List Price
$549,900
Sold Price
$600,000
Premium/Discount to List
$50,100
9.11%
Current Estimated Value
$935,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,879
Avg. Annual Appreciation
9.94%
Original Mortgage
$400,000
Outstanding Balance
$360,955
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$574,924

Purchase Details

Listed on
Mar 5, 2021
Closed on
May 11, 2021
Sold by
Truist Bank
Bought by
Wilmington Savings Fund Society Fsb and Acm Stanwich Alamosa 2020 Trust
Seller's Agent
John Bradford
Vylla Home
Buyer's Agent
Allen Smith
Legacy Realty NC LLC
List Price
$549,900
Sold Price
$600,000
Premium/Discount to List
$50,100
9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$360,955
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$574,924

Purchase Details

Closed on
Sep 27, 2020
Sold by
Atkinson Robert R and Atkinson Tracy A
Bought by
Truist Bank

Purchase Details

Closed on
Nov 26, 2001
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
Saunders Dana Phillips $600,000 None Available
Saunders Dana Phillips $600,000 None Listed On Document
Wilmington Savings Fund Society Fsb $1,200 None Listed On Document
Wilmington Savings Fund Society Fsb $1,200 None Listed On Document
Truist Bank $454,000 None Available
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Dana Phillips $400,000
Closed Saunders Dana Phillips $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $600,000 +9.1% $157 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $549,900 0.0% $144 / Sq Ft
08/14/2016 08/14/16 Rented $2,650 0.0% --
08/01/2016 08/01/16 Under Contract -- -- --
05/20/2016 05/20/16 For Rent $2,650 +26.2% --
05/22/2015 05/22/15 Rented $2,100 -16.0% --
05/21/2015 05/21/15 Under Contract -- -- --
03/23/2015 03/23/15 For Rent $2,500 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,811 $976,900 $143,200 $833,700
2024 $4,811 $976,900 $143,200 $833,700
2023 $4,714 $520,000 $136,000 $384,000
2022 $3,666 $520,000 $136,000 $384,000
2021 $2,795 $396,400 $136,000 $260,400
2020 $2,795 $396,400 $136,000 $260,400
2019 $2,795 $396,400 $0 $0
2018 $3,207 $468,200 $136,500 $331,700
2017 $3,207 $0 $0 $0
2016 $3,207 $0 $0 $0
2015 $2,890 $468,190 $136,500 $331,690
2014 $2,890 $481,700 $154,300 $327,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3715417

Canopy MLS (Canopy Realtor® Association)

APN: 4710010674700000