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305 West Summerchase Drive

305 West Summerchase Drive, Fayetteville, NC 28311
Property in E. E. Smith
Sold Oct 03, 2017
$275,000
$280,900 by Wells Fargo Bank Na
Mortgage
Sold Dec 08, 2003
$244,000
$195,120 by Carolina Mtg Fayettville
Mortgage
305 West Summerchase Drive has been categorized by the local assessors in Fayetteville, NC as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 305 West Summerchase Drive has 2,898 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,747 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 14,810 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 742 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a screened porch. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a vent heater and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 305 West Summerchase Drive was last sold in Sep 21, 2017 for $275,000. According to our calculations, that's $94.89 per sqft. Prior to that sales transaction, the property was sold for $244,000 in Jan 1, 1970. Current property owners are expected to pay $4,235 in taxes per year. The property on 305 West Summerchase Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $322,152. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $257,152. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 742
  • Parking Space Count: 3
  • Porch Type: Screened porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,747
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,898
  • Building Area: 2,898
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Vent
  • Heated Square Feet: 2,898
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRFIELD FARMS
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIRFIELD FARM LO14 SE01 PL0107-0033 UN03

Ownership

  • Current Owner : PENCE NATHAN D
  • Current Owner 2: LEE SOOKMI
  • Previous Owner : KELLY TERESA
  • Owner Before Previous Owner: CAIN BLDRS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County Schools
  • Census Tract: 002504

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: PB 107 PG 33
  • Section: 1
  • Parcel: 0531-84-2300
  • Block: 84
  • Lot: 14
  • Municipality: CITY OF FAYETTEVILLE
  • Latitude: 35.1631
  • Longitude: -78.8722

    Address

  • Full Address: 305 W Summerchase Dr
  • Address - House Number: 305
  • Street Direction: W
  • Address - Street Name: Summerchase
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Fayetteville
  • Carrier Code: R039
  • 4-Digit Zip Code: 2970
  • Zip Code: 28311

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,235
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 435,558
  • High Value: 520,472
  • Low Value: 350,643

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,900
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 03, 2017
  • First Open Lien Mortgage Loan Amount: $280,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $322,152
  • Market Land Value: $65,000
  • Market Improvement Value: $257,152

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,152
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $257,152

    Sales

  • Current Sale Contract Date: Sep 21, 2017
  • Current Sale Recording Date: Oct 03, 2017
  • Current Sale Transaction ID: 1736736071
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 31385
  • Previous Sale Recording Date: Dec 08, 2003
  • Previous Sale Amount: $244,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 03, 2017
  • First Mortgage Loan Amount: $280,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Previous Mortgages

  • Previous Mortgage Lender: CAROLINA MTG FAYETTVILLE
  • Previous Mortgage Transaction Date: Dec 08, 2003
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $195,120
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About E. E. Smith



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Frequently Asked Questions

What neighborhood is 305 West Summerchase Drive located in?
The 305 West Summerchase Drive is a located in the neighborhood of E. E. Smith in E. E. Smith, Fayetteville.
What is the average sales price for listings in 305 West Summerchase Drive?
The average sales price for units in 305 West Summerchase Drive is $0 currently.

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