NOT LISTED FOR SALE

0 Covington Ridge Ln Unit 1085008 Pinnacle, NC 27043

10.39 Acres
-- Price per Acre
452,588 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $125,000

3 Days on Market

About This Lot

As of October 2022

Beautiful cleared acreage ready to build your dream home on! Perked for a 4 bedroom home in January 2021. You have a full 10 acres that is great for pasture land; for cows or horses, you can harvest your own hay. Would be perfect for a fall corn maze with a pumpkin patch, or even a winery. This land is located very close to the scenic overlook and it is so peaceful and quiet. Plenty of opportunities with this one!!

Last Agent to Sell the Property

Lori Ramirez

Ann Chilton Realty, Inc. License #305550 Listed on: 09/23/2022

Last Buyer's Agent

Kristie Wright

Keller Williams Ballantyne Area Market Center License #303109

Keller Williams Ballantyne Area Market Center

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $520

Lot Details

  • 10.39 Acre Lot
  • Property is zoned RA

Home Design

  • Tar and Gravel Roof

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 598303139933
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$520

Lot Details

0

Listing Details

  • Property Sub Type: Agriculture
  • Prop. Type: Land
  • Lot Size Acres: 10.39
  • Road Frontage Type: Easement
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: From hwy 52 N take Pinnacle exit turn right onto Perch. Turn right at Dollar General onto East Phillips rd. Go all way to end and take left onto Covington Ridge Lane. Property on right before fencing with cows.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Farm, Modular, Single Family

Exterior Features

  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 598303139933
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 12030.7988
  • TRIADMLS_PlatPage: 75
  • TRIADMLS_DeedPage: 83
  • TRIADMLS_DeedBook: 730
  • TRIADMLS_PlatBook: 9
  • TRIADMLS_AcresRange: 9 - 11

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Annual Amount: 520
  • Tax Lot: 5
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Cortes Rigoberto and Arreloa Rigoberto Cortes
Bought by
Cortes Cristian Rigoberto

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
$400,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2022
Closed on
Oct 27, 2022
Sold by
Ramirez David Michael and Ramirez Lori Booth
Bought by
Cortes Arreloa Rigoberto
Seller's Agent
Lori Ramirez
Ann Chilton Realty, Inc.
Buyer's Agent
Kristie Wright
Keller Williams Ballantyne Area Market Center
List Price
$144,900
Sold Price
$125,000
Premium/Discount to List
-$19,900
-13.73%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 14, 2021
Sold by
Jarrett Russell Lee and Jarrett Christy Gentry
Bought by
Ramirez David Michael and Ramirez Lori Booth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
2.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cortes Cristian Rigoberto -- None Listed On Document
Cortes Cristian Rigoberto -- None Listed On Document
Cortes Arreloa Rigoberto $125,000 --
Ramirez David Michael $84,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Cristian Rigoberto $400,000
Closed Cortes Cristian Rigoberto $400,000
Previous Owner Cortes Arreloa Rigoberto $93,750
Previous Owner Ramirez David Michael $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $125,000 -13.7% --
09/27/2022 09/27/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $144,900 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $750 $70,200 $70,200 $0
2023 $569 $70,200 $70,200 $0
2022 $519 $70,200 $70,200 $0
2021 $519 $70,200 $70,200 $0
2020 $522 $70,500 $70,500 $0
2019 $522 $70,500 $70,500 $0
2018 $522 $70,500 $70,500 $0
2017 $518 $70,500 $70,500 $0
2016 $520 $70,700 $70,700 $0
2015 $516 $70,700 $70,700 $0
2014 $498 $70,700 $70,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1085008

Triad MLS

APN: 598303139933