NOT LISTED FOR SALE

1040 Stony Ridge Rd Pinnacle, NC 27043

Estimated Value: $557,000 - $682,648

8.75 Acres
$71,110 Price per Acre
381,150 Sq Ft Lot

Last Sold May 29, 2014

Last sale price $130,000

Est. 379% increase in value since last sale

Current estimated payment $3,622/month

43 Days on Market

Highlights

  • Barn
  • Mountainous Lot
  • Wooded Lot
  • Shoals Elementary School Rated A
  • Pond
  • No HOA

About This Lot

As of May 2014

8.75 ACRES. EXCELLENT LOCATION! Just 2.5 miles from Hwy 52. Mostly wooded. Private building sites. Beautiful mountain views. Nice creek & natural springs. A spring fed pond stocked with fish. Two pole barns, office/storage, large 2 story barn engineer approved for various uses with power meter & breaker box in place. Underground power from main road to back of property & well pump. Top rated soil test for growing plants & food. 4 additional acres available with road frontage. GREAT POTENTIAL!

Last Agent to Sell the Property

Angela Lawrence

Noble Merit, Realtors License #189923 Listed on: 03/13/2014

Last Buyer's Agent

Graham Johnston

Stone Street Properties LLC License #185189

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $348

Lot Details

  • 8.75 Acre Lot
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RA

Farming

  • Barn

Additional Features

  • Property Views

Listing and Financial Details

  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pond
  • Creek On Lot
  • Stream or River on Lot
  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$348

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Land
  • Lot Size Acres: 8.75
  • Road Frontage Type: Easement
  • Directions: Business 40 to Hwy 52N to Pinnacle exit, L on Perch Rd. Take 2nd hard right onto Stony Ridge. Property is wooded area 1/2 mile on left past Shadow Creek Trail at gate. DO NOT WALK PROPERTY WITHOUT PERMISSION.
  • Special Features: None

Interior Features

  • Possible Use: Single Res

Exterior Features

  • Lot Features: Partially Cleared, Wooded, Creek, Pond, Views, Stream, Rolling Slope, Mountain, See Remarks
  • Other Structures: Barn(s), Storage

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RA
  • TRIADMLS_PricePerAcre: 15428.5714
  • TRIADMLS_DeedPage: 354
  • TRIADMLS_DeedBook: 1218
  • TRIADMLS_AcresRange: 7 - 109

Tax Info

  • Tax Annual Amount: 347.96
  • Tax Map Number: 5963007002
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Ricker Kelley M
Bought by
Beaman Thomas D
Current Estimated Value
$622,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$157,618
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$433,769

Purchase Details

Closed on
Jan 31, 2017
Sold by
Ricker Kelley M
Bought by
Beaman Thomas D and Ricker Kelley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 14, 2016
Sold by
Dean Stanley P
Bought by
Ricker Kelley M

Purchase Details

Listed on
Mar 13, 2014
Closed on
May 29, 2014
Sold by
Mccue Clayton J
Bought by
Paddison Christian L and Paddison Becky Ann
Seller's Agent
Angela Lawrence
Noble Merit, Realtors
Buyer's Agent
Graham Johnston
Stone Street Properties LLC
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%

Purchase Details

Closed on
Nov 15, 2007
Sold by
Mccue James R and Mccue Debbie L
Bought by
Mccue Clayton J

Purchase Details

Closed on
Apr 1, 2003

Purchase Details

Closed on
Apr 1, 2002

Purchase Details

Closed on
Apr 1, 2000

Purchase Details

Closed on
Sep 1, 1996
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
Beaman Thomas D -- None Listed On Document
Beaman Thomas D -- None Available
Ricker Kelley M $84,001 None Available
Paddison Christian L $130,000 None Available
Mccue Clayton J -- None Available
-- $70,000 --
-- $70,000 --
-- $51,500 --
-- $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaman Thomas D $160,000
Previous Owner Beaman Thomas D $59,000
Previous Owner Beaman Thomas D $344,500
Previous Owner Beaman Thomas D $392,000
Previous Owner Mccue Clayton J $30,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $130,000 -3.7% --
04/26/2014 04/26/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $135,000 -- --
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 $2,852 $457,070 $96,250 $360,820
2023 $2,523 $457,070 $96,250 $360,820
2022 $2,801 $457,070 $96,250 $360,820
2021 $2,852 $457,070 $96,250 $360,820
2020 $2,768 $420,790 $96,250 $324,540
2019 $2,765 $420,790 $96,250 $324,540
2018 $2,716 $420,790 $0 $0
2017 $837 $420,340 $0 $0
2016 $837 $129,300 $0 $0
2013 -- $53,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 700001

Triad MLS

APN: 5963-00-70-0229