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106 Summer Place Ln, Merry Hill, NC, 27957

4beds
3baths
1,964sqft
$475,000
$242price/sqft
$3,750/moest. monthly cost
$150,000/yrincome needed

About This Home

Don't miss out on this rare find located on the scenic Chowan River in the Mt. Gould area. This 4 bedroom/3 bath home comes fully furnished and is ready for your family to experience summer fun. The main level features a primary bedroom suite with private bath and a second bedroom with a 2nd full bath conveniently located in the hallway, The spacious kitchen has a work island, all appliances are included and an adjoining dining area. The rear family room features a stone fireplace with gas logs and built-ins and offers beautiful river views. The staircase is located in the front living room and leads upstairs to two additional bedrooms and another full bath. The upstairs walls are lined with wood for a cozy, beachy feel. Back on the main level, the hot tub room with surrounding windows, provides a space where you can relax and unwind while enjoying the water views. The lower level, offers exceptional versatility with two garage doors. One side is used for garage/storage and the other has been converted to a secondary kitchen with cabinets, commercial grade sink, stove, refrigerator, gas wall heater & window unit AC - making this perfect for fish fries, cookouts and other outdoor gatherings. This property includes a riverfront lot with steps leading to a pier & boat dock. The home is located on a lovely grassy, rolling hill and has a concrete drive/parking area. This is a wonderful chance to own an affordable waterfront property with incredible views, ample space, and endless potential for relaxation and recreation.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

5/10
Colerain ElementaryGrades PK-55.0 mi
3/10
Bertie MiddleGrades 6-813.3 mi
3/10
Bertie HighGrades 9-1213.4 mi

Construction

Condition

  • Year built: 1999

Materials

  • Foundation: Pillar/Post/Pier,Other
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential/Vacation

Interior

Appliances

  • Appliances included: Refrigerator,Dishwasher,Range/Oven-Electric,Washer,Dryer
  • Laundry features: Washer &/or Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Walkout

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Kitchen Island
  • Window features: Insulated Windows,Vinyl Clad
  • Flooring: Carpet,Vinyl
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 0
  • Finished area above ground: 1,964

Heating & Cooling

  • Heating features: Forced Air,Gas Pak
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,964
  • Total interior livable area: 1,964 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 6867434533
  • Zoning description: Residential
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Rear Porch,Side Porch
  • Exterior features: Outdoor Kitchen,Dock/Pier,Boat Slip
  • Has spa: Yes
  • Spa features: Bath,Heated
  • Fencing: None
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterbody name: Chowan River

Lot

  • Lot size: 1.36 Acres

Parking

  • Total spaces: 1
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Hurricane
Tornado
Winter Weather
Heat Wave
Inland Flooding
Lightning
Strong Wind
Coastal Flooding
Cold Wave
Drought

FEMA Declared Disasters in Bertie County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$743$8,916
Property Taxes $406$4,872
Electricity $200$2,405
Total$3,750$45,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,571/yr
40% on housing$112,500/yr
45% on housing$100,000/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 27957$295
Bertie County$103

vs Homes Sold Last Month

Median $/sqft

ZIP 27957
Bertie County$82

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-16Listed for sale$475,000
2025-09-26Listing removed$450,000
2025-05-21Price change$450,000
2025-04-11Price change$525,000
2025-03-07Price change$530,000
2024-10-31Listed for sale$545,000
2024-09-21Listing removed$545,000
2024-02-09Price change$545,000
2023-09-28Listed for sale$595,000

For Sale by Agent

AgentNancy Freeman
BrokerageFreeman Realty

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