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200 Summit Square Boulevard

200 Summit Square Boulevard, Winston Salem, NC 27105
Property in Forsyth
200 Summit Square Boulevard in Winston Salem, NC was first built in 2002 and is 22 years old. This has been categorized as a commercial property type. It is a single story home. 200 Summit Square Boulevard has 1,905 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,379,545 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a flat style roof made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 200 Summit Square Boulevard was last sold in Jul 23, 2014 for $15,800,000. According to our calculations, that's $70.67 per sqft. Prior to that sales transaction, the property was sold for $12,975,000 in Jul 22, 2004. Current property owners are expected to pay $201,433 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 200 Summit Square Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,340,700. To break that down further, the land itself was valued at $8,772,500. While improvements to the property were assessed at a total of $9,568,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 5
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,379,545
  • Total Building Area: 223,590
  • Gross Building Area: 1,905
  • Building Area: 1,905
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,905
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: NORTH SUMMIT SQUARE
  • Land Acres: 31.67
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: NORTH SUMMIT SQUARE LO101 BL6244A BU1

Ownership

  • Current Owner : SUSO 4 WINSTON LP
  • Previous Owner : GEMINI NORTH SUMMIT SQUARE 1 LLC
  • Owner Before Previous Owner: IDS LIFE INSURANCE CO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 002806

Zoning

  • Zoning: HB-S

Geography

  • Assessors Map Reference: PM6828
  • Parcel: 6828-48-4996.000
  • Block: 6244A
  • Lot: 101
  • Municipality: WINSTON-SALEM
  • Latitude: 36.1861
  • Longitude: -80.2716

    Address

  • Full Address: 200 Summit Square Blvd
  • Address - House Number: 200
  • Address - Street Name: Summit Square
  • Address - Suffix Type: Blvd
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C019
  • 4-Digit Zip Code: 1460
  • Zip Code: 27105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $201,433
  • Intital Tax Deliquent Year: 2020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,000,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Aug 05, 2014
  • First Open Lien Mortgage Loan Amount: $45,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $18,340,700
  • Market Land Value: $8,772,500
  • Market Improvement Value: $9,568,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,340,700
  • Assessed Land Value: $8,772,500
  • Assessed Improvements Value: $9,568,200

    Sales

  • Current Sale Contract Date: Jul 23, 2014
  • Current Sale Recording Date: Aug 05, 2014
  • Current Sale Transaction ID: 1197076086
  • Current Sale Price: $15,800,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jul 22, 2004
  • Previous Sale Contract Date: Jul 22, 2004
  • Previous Sale Amount: $12,975,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Aug 05, 2014
  • First Mortgage Loan Amount: $45,000,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 22, 2004
  • Previous Mortgage Loan Amount: $11,520,000
  • Previous Mortgage Loan Type: Commercial

About Winston-Salem



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Frequently Asked Questions

What neighborhood is 200 Summit Square Boulevard located in?
The 200 Summit Square Boulevard is a located in the neighborhood of Forsyth in Winston-Salem, Winston Salem.
What is the average sales price for listings in 200 Summit Square Boulevard?
The average sales price for units in 200 Summit Square Boulevard is $0 currently.

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