NOT LISTED FOR SALE

121 Trading Post Rd Glendale Springs, NC 28629

Estimated Value: $331,000 - $362,178

3 Beds
4 Baths
1,881 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $320,000 $170 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,010/month

Highlights

  • Mountain View
  • Secondary Bathroom Jetted Tub
  • No HOA
  • Traditional Architecture
  • 2 Fireplaces
  • Covered Patio or Porch

About This Home

As of May 2024

Unique Opportunity! Formerly Glendale Springs Inn Guest House and currently used as a vacation rental, this property can be purchased turnkey with rental history in place. Walk to the Blue Ridge Parkway, Glendale Springs Restaurant & Church of Frescoes, all popular tourist destinations. There are also other shops & restaurants nearby. Main level with two oversized rooms, large enough to accommodate a king-size bed w/ sitting area, plus en-suite bath w/ whirlpool tub, separate shower & fireplace. One room is currently a family/dining room but could be converted back to a sleeping space. The newer kitchenette and eating area are also on the main level. The upper level features two spacious bedrooms, one with a whirlpool tub & shower & the second with a walk-in shower. Wide plank wood flooring throughout. The walk-out lower level offers expansion potential to convert the property for full-time living or add another rental. Featuring over 1000 sq. feet, this level is currently used for storage & laundry facilities but could quickly be finished to include a kitchen, dining room & great room, or separate in-law or caretaker suite. Lots of possibilities for the creative buyer!

Last Agent to Sell the Property

Jerrita Roark

Allen Tate Ashe High Country Realty Brokerage Phone: (336) 246-6348 Listed on: 03/30/2024

Last Buyer's Agent

Jacob Lumpkin

High Country Resort Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1985

Lot Details

  • 0.57 Acre Lot

Home Design

  • Traditional Architecture
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Mountain Views
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Mountain View Elementary School
  • Ashe County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 12383016010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,509

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Bed & Breakfast
  • Lot Size Acres: 0.57
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1881.0
  • Architectural Style: Cottage, Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (336) 246-6348
  • General Property Information Below Grade Unfinished Area: 1096.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Two, Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • Living Area: 1881.0
  • Stories: 2

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding, Wood Frame
  • Exterior Features: Storage, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: In Basement
  • Cooling: Other, See Remarks, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Mountain View
  • High School: Ashe County

Lot Info

  • Parcel #: 12383016010
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1509.1
  • Tax Book Number: 00482/0101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2024
Closed on
May 6, 2024
Sold by
Severt Denver E
Bought by
Lumpkin Steve and Stephens Laura
Seller's Agent
Jerrita Roark
Allen Tate Ashe High Country Realty
Buyer's Agent
Jacob Lumpkin
High Country Resort Properties
List Price
$320,000
Sold Price
$320,000
Views
5
Current Estimated Value
$344,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,795
Avg. Annual Appreciation
7.55%
Original Mortgage
$192,000
Outstanding Balance
$189,440
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$162,328
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
Lumpkin Steve $320,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumpkin Stephen $125,000
Open Lumpkin Steve $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $320,000 0.0% $170 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $320,000 +190.9% $170 / Sq Ft
06/29/2017 06/29/17 Sold $110,000 0.0% $59 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $110,000 -- $59 / Sq Ft
Source: High Country Association of REALTORS®

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 $1,568 $293,600 $16,200 $277,400
2024 $1,509 $293,600 $16,200 $277,400
2023 $1,509 $293,600 $16,200 $277,400
2022 $1,223 $185,000 $20,000 $165,000
2021 $1,223 $185,000 $20,000 $165,000
2020 $1,099 $185,000 $20,000 $165,000
2019 $1,077 $185,000 $20,000 $165,000
2018 $0 $194,000 $25,000 $169,000
2016 $1,106 $194,000 $25,000 $169,000
2015 $1,014 $194,000 $25,000 $169,000
2014 $1,014 $205,500 $25,000 $180,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 248763

High Country Association of REALTORS®

APN: 12383-016-010