Terra Vista Realty
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Terra Vista Realty
525 S Summit Avenue
525 S Summit Avenue
$1,199,000
Charlotte, NC 28208 ▪  (MLS # 4121898)
Primary on Main  ▪   1-car garage
5 bed  ▪  4 full bath  ▪  2,470 Sq Ft
Blt: 1940  ▪  5 Cumulative Days on Market
525 S Summit Avenue
$1,199,000
Charlotte, NC 28208 ▪  (MLS # 4121898)
Primary on Main  ▪   1-car garage
5 bed  ▪  4 full bath  ▪  2,470 Sq Ft
5 Cumulative Days on Market
JUST LISTED
1 of 2 
1 of 2 
$1,199,000
5 bed  ▪  4 full bath  ▪  2,470 Sq Ft
525 S Summit Avenue
Charlotte, NC 28208 (MLS # ‍4121898)
.23 acres  ▪   Built: 1940  ▪   Primary Bedroom on Main
5 Cumulative Days on Market
Subdivision: Wesley Heights
 New Construction : Under Construction  
Remarks
 New Construction : Under Construction  
Amazing transformation of this sought after bungalow in Wesley Heights. Now almost 3000 sq ft of living space which boasts 4 brs, 3 baths in newly designed open floor plan. The home was taken down to the studs,added plenty of additional sq. ft. All new sheetrock, wiring, plumbing, mechanicals, cabinetry, fixtures, etc. Original windows were completely restored per Historic Commission requirements. New kitchen has great wood cabinets glass uppers to the ceiling. Primary suite has a large glamor bath with huge shower and W/I closet. You will have private access to the deck from your bedroom. This is one of the few properties that can boast separate garage with living quarters above. The ADU has a separate entrance from the garage to the studio above. The studio can provide rental revenue, Airbnb, home office or even private nanny quarters. The garage is heated and cooled should you could decide to turn it in to a dance studio, workshop or gym - Sky's the limit! Completion 6/1
Terra Vista Realty can rebate $5,995 on this home. Learn more.
General Info - MLS # ‍4121898
Construction Status: Under Construction
1-car Garage: Detached Garage, Garage Faces Side
Price/Sq Ft: $485/SqFt
Year Built: 1940 (new construction)
Master / Primary Bedroom: Main floor
Listing Status: Active
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Listing History
Cumulative Days on Market: 5
Last checked for updates: 4 minutes ago

03/25/2024: Status changed to Active
03/25/2024: Status changed to off market
03/24/2024: MLS # ‍4121898 listed at $1,199,000
Property Sold for: $450,000 (09/2023) (Source:
Property Sold for: $300,000 (04/2022) (Source: county)

Neighborhood Info
Subdivision: Wesley Heights
Schools*
1/10
Bruns Avenue Elementary School
Distance: 0.6 mi
1/10
Ranson Middle School
Distance: 4.9 mi
1/10
West Charlotte High School
Distance: 2.4 mi

*School ratings sourced from CarolinaSchoolHub.

  Map / Satellite View
  Monthly Payment
  Homes Recently Sold in this Neighborhood
Layout
Main Floor: Bedroom, Bedroom, Bedroom, Dining Area, Great Room, Kitchen, Laundry, Primary Bedroom, Primary Full Bath (Total: 4 bedrooms, 3 full bathrooms)
Upper Floor: 2nd Living Quarters
Second Living Quarters Floor: Bathroom, Bedroom (Total: 1 bedroom, 1 full bathroom)
2nd Living Quarters Floor: Full Bathroom (Total: 1 bedroom, 1 full bathroom)
Bedrooms: 5
Baths: 4 full

Total Heated Square Feet: 2,470
Heated Sq Ft Breakdown:
  • Main: 1,970
Garage Sq Ft: 500
Second Living Quarters
2nd Living Quarters: Guest House, Separate Entrance, Upper Level Garage, Other - See Remarks

Exterior
Lot Size: .23 acres
Lot Description: Level
Lot Dimensions: 54x188x54x188
Siding: Brick Partial, Wood
Interior Features
Flooring: Ceramic Tile, Vinyl, Wood
Appliances: Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Wall Oven
Other / Miscellaneous
Foundation: Crawl Space
Water: City
Sewer: Public Sewer
Courtesy of: Fortner Bayko And Company
Agent: Sheryl Bayko
Email: ‍sbayko@‍aol.com
Cooling: Ceiling Fan(s), Central Air, Ductless, Electric, Multi Units
Heating: Ductless, Forced Air, Natural Gas
Fireplace: Great Room
Fencing: Back Yard, Fenced, Partial, Wood
Builder: Frontline Construction
Model / Plan: rehab/new ADU


Real estate broker
Lyn Palmer, 704-898-3016
REALTOR / Buyer’s Agent
(may represent potential buyers)
Lyn Palmer
REALTOR / Buyer’s Agent, offering Realtor rebates
(may represent potential buyers of this property)

704-898-3016

REQUEST SHOWING (MLS # 4121898)
Remarks
Amazing transformation of this sought after bungalow in Wesley Heights. Now almost 3000 sq ft of living space which boasts 4 brs, 3 baths in newly designed open floor plan. The home was taken down to the studs,added plenty of additional sq. ft. All new sheetrock, wiring, plumbing, mechanicals, cabinetry, fixtures, etc. Original windows were completely restored per Historic Commission requirements. New kitchen has great wood cabinets glass uppers to the ceiling. Primary suite has a large glamor bath with huge shower and W/I closet. You will have private access to the deck from your bedroom. This is one of the few properties that can boast separate garage with living quarters above. The ADU has a separate entrance from the garage to the studio above. The studio can provide rental revenue, Airbnb, home office or even private nanny quarters. The garage is heated and cooled should you could decide to turn it in to a dance studio, workshop or gym - Sky's the limit! Completion 6/1

Terra Vista Realty can rebate $5,995 on this home. Learn more.

General Info - MLS 4121898
Construction Status: Under Construction
1-car Garage: Detached Garage, Garage Faces Side
Price/Sq Ft: $485/SqFt
Year Built: 1940 (new construction)
Master / Primary Bedroom: Main floor
Listing Status: Active
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Neighborhood Info
Subdivision: Wesley Heights
Schools*
1/10
Bruns Avenue Elementary School
Distance: 0.6 mi
1/10
Ranson Middle School
Distance: 4.9 mi
1/10
West Charlotte High School
Distance: 2.4 mi

*School ratings sourced from CarolinaSchoolHub.
Listing History
Cumulative Days on Market: 5
Last checked for updates: 4 minutes ago

03/25/2024: Status changed to Active
03/25/2024: Status changed to off market
03/24/2024: MLS # ‍4121898 listed at $1,199,000
Property Sold for: $450,000 (09/2023) (Source:
Property Sold for: $300,000 (04/2022) (Source: county)


  Map / Satellite View
  Monthly Payment
  Neighborhood Sold Homes

Layout
Main Floor: Bedroom, Bedroom, Bedroom, Dining Area, Great Room, Kitchen, Laundry, Primary Bedroom, Primary Full Bath (Total: 4 bedrooms, 3 full bathrooms)
Upper Floor: 2nd Living Quarters
Second Living Quarters Floor: Bathroom, Bedroom (Total: 1 bedroom, 1 full bathroom)
2nd Living Quarters Floor: Full Bathroom (Total: 1 bedroom, 1 full bathroom)
Bedrooms: 5
Baths: 4 full

Total Heated Square Feet: 2,470
Heated Sq Ft Breakdown:
  • Main: 1,970
Garage Sq Ft: 500
Second Living Quarters
2nd Living Quarters: Guest House, Separate Entrance, Upper Level Garage, Other - See Remarks
Exterior
Lot Size: .23 acres
Lot Description: Level
Lot Dimensions: 54x188x54x188
Siding: Brick Partial, Wood
Interior Features
Flooring: Ceramic Tile, Vinyl, Wood
Appliances: Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Wall Oven
Other / Miscellaneous
Foundation: Crawl Space
Water: City
Sewer: Public Sewer
Courtesy of: Fortner Bayko And Company
Agent: Sheryl Bayko
Email: ‍sbayko@‍aol.com
Cooling: Ceiling Fan(s), Central Air, Ductless, Electric, Multi Units
Heating: Ductless, Forced Air, Natural Gas
Fireplace: Great Room
Fencing: Back Yard, Fenced, Partial, Wood
Builder: Frontline Construction
Model / Plan: rehab/new ADU


 
Real estate broker
Lyn Palmer, 704-898-3016
REALTOR / Buyer’s Agent
(may represent potential buyers)
Lyn Palmer
REALTOR / Buyer’s Agent, offering 1% Realtor rebates
(may represent potential buyers of this property)

704-898-3016

Neighborhood Summary (single family)
Wesley Heights

Sales in:

Median $ / Sq Ft (single family)
Wesley Heights




28208 ZIP Code Trends
28208 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28208 is the 36th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28208 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

19
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 19 cumulative days on market in the 28208 area. Compare this with the Charlotte metro area median of 17 days on market.

28%
Of Recently Sold Homes
Over Asking Price
28% of previously owned 28208-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28208.

43%
of Available Homes
Are Under Contract
43% of previously owned 28208-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28208 Area Metro Area
1-year +<1% + 2%
2-year - 5% + 2%
5-year +98% +66%
The price per square foot of 28208-area re-sale homes has increased by approximately 98% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $243 per square foot in 28208 over the past 90 days - as compared to $212 for the entire metro area.

19
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 19 cumulative days on market in the 28208 area. Compare this with the Charlotte metro area median of 17 days on market.

26%
Of Recently Sold Homes
Over Asking Price

26% of previously owned 28208-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28208.

Price Per Square Foot Change
Period 28208
Area
Metro
Area
1-year +<1% + 2%
2-year - 5% + 2%
5-year +98% +66%

The price per square foot of 28208-area re-sale homes has increased by approximately 98% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $243 per square foot in 28208 over the past 90 days - as compared to $212 for the entire metro area.

42%
of Available Homes
Are Under Contract

42% of previously owned 28208-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

  ZIP Code Trends
  ZIP Code Trends
  More Home Details
  More Home Details

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For Buyers


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Home Buyer Rebates Rebates For Buyers

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Email Agent
Contact Agent

Lyn Palmer
REALTOR / Buyer’s Agent
(may represent potential buyers)
Offering Realtor rebates
704-898-3016
Real estate broker

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.


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