NOT LISTED FOR SALE

11 Lookout Loop Burnsville, NC 28714

Estimated Value: $882,000 - $1,177,000

4 Beds
4 Baths
2,089 Sq Ft
$482/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $637,000 $305 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,165/month

629 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Open Floorplan
  • Pond

About This Home

As of March 2021

Sitting atop Mountain Air at over 4500 feet in elevation with outstanding long range mountain and valley views. Incredible sunsets from the large wrap around deck. It's an easy walk to all Club amenities and the Village Green. The moment you walk in the front door you are surrounded by breathtaking views and an open floor plan with Dining Room, stone fireplace in the Living Room, upgraded Kitchen, Master Bedroom suite, guest room, hall bath on main level, guest suite on upper level and a multi-use bonus room and bathroom on lower level with a walk out Patio. Many custom touches with granite counter tops, updated bathrooms, beautiful hardwood floors and fresh paint throughout. This is a well maintained home to enjoy with family and friends. GOLF CART, FULL GOLF INITIATION FEE, FURNISHINGS AND 6 MONTHS OF CLUB DUES ARE INCLUDED!!

Last Agent to Sell the Property

Rebecca Stiles

Mountain Air Realty License #147320 Listed on: 04/10/2019

Last Buyer's Agent

Rebecca Stiles

Mountain Air Realty License #147320 Listed on: 04/10/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 2,614

HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Transitional Architecture

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace
  • Insulated Windows
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Pond
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 070800889440000

Community Details

Overview

  • First Residential Services Association, Phone Number (828) 682-1578

Amenities

  • Clubhouse
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Additional Features

  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.92993
  • Ratio Close Price By Original Li: 1.10783
  • Ratio Current Price By Acre: 10616666.67
  • Ratio Current Price By Sq Ft: 304.93
  • Year Built: 1998
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Block, Concrete
  • Upper Level Sq Ft: 359
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Screen Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Washer, Propane, Electric Oven
  • Fireplace Description: Gas Vented, Living Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-682-1578
  • Interior Amenities: Breakfast Bar, Cable Available, Open Floorplan, Pantry, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Lower Level Sq Ft: 420
  • Main Level Sq Ft: 1310
  • Total Sq Ft: 2089

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Wired Internet Available, Satellite Internet Available, Underground Power Lines

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Airfield, Business Center, Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Playground, Pond, Outdoor Pool, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 289.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: First Residential Services
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 236.00
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: Bald Creek
  • Middle School: Cane River
  • High School: Mountain Heritage

Lot Info

  • Lot Features: Golf Course View, Long Range View, Mountain View, Year Round View
  • Lot Size Area: 0.060
  • Parcel Number: 070800889440000
  • Zoning Specification: RES

Tax Info

  • Tax Value: 397340.00
  • Tax Location: Yancey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Feb 5, 2021
Sold by
Chiumento Michael D and Chiumento Kristi A
Bought by
Barlow Steven C and Barlow Ronice L
Seller's Agent
Rebecca Stiles
Mountain Air Realty
Buyer's Agent
Rebecca Stiles
Mountain Air Realty
List Price
$685,000
Sold Price
$637,000
Premium/Discount to List
-$48,000
-7.01%
Current Estimated Value
$1,005,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,968
Avg. Annual Appreciation
10.33%
Original Mortgage
$509,600
Outstanding Balance
$452,159
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$553,809

Purchase Details

Closed on
Aug 15, 2014
Sold by
Chiumento Michael D and Chiumento Kristi A
Bought by
Kristi A Chiumento Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 13, 2014
Sold by
Chiumento Michael D and Chiumento Kristi A
Bought by
Chiumento Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Barlow Steven C $637,000 None Available
Kristi A Chiumento Revocable Trust -- None Available
Chiumento Michael D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barlow Steven C $509,600
Previous Owner Kristi A Chiumento Revocable Trust $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $637,000 -7.0% $305 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
09/22/2020 09/22/20 Price Changed $685,000 0.0% $328 / Sq Ft
09/22/2020 09/22/20 For Sale $685,000 +7.5% $328 / Sq Ft
09/15/2020 09/15/20 Off Market $637,000 -- --
09/07/2020 09/07/20 Price Changed $650,000 +13.0% $311 / Sq Ft
04/10/2019 04/10/19 For Sale $575,000 -- $275 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $4,365 $779,500 $375,000 $404,500
2024 $4,365 $779,500 $375,000 $404,500
2023 $2,543 $397,340 $50,000 $347,340
2022 $2,492 $397,340 $50,000 $347,340
2021 $2,543 $397,340 $50,000 $347,340
2020 $2,543 $397,340 $50,000 $347,340
2019 $2,543 $397,340 $50,000 $347,340
2018 $2,543 $397,340 $50,000 $347,340
2017 $2,543 $397,340 $50,000 $347,340
2016 $2,543 $397,340 $50,000 $347,340
2015 $3,314 $613,770 $300,000 $313,770
2014 $3,314 $613,770 $300,000 $313,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3494021

Canopy MLS (Canopy Realtor® Association)

APN: 070800889440.000