NOT LISTED FOR SALE

122 Lower Loop Rd Bakersville, NC 28705

Estimated Value: $302,000 - $379,000

2 Beds
2.5 Baths
1,218 Sq Ft
$276/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $280,000 $230 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,857/month

13 Days on Market

Highlights

  • Solar Power System
  • Open Floorplan
  • Deck
  • Gated Community
  • Mountain View
  • Private Lot

About This Home

As of August 2023

Spectacular views! Take it all in from the great room, kitchen, loft, covered decks, or primary bedroom with sliding glass doors. The quiet surrounding this sweet cabin make it perfect for a vacation home for mountain getaways, or use as a primary residence and enjoy year round views. Hard wood flooring on the main floor match the wood trim throughout. Photo voltaic solar panels installed around 6 years ago. Situated on approximately 3.58 acres including 2 rolling areas of the property to customize.

Last Agent to Sell the Property

Jenna Walen

EXP Realty LLC License #317112 Listed on: 05/28/2023

EXP Realty LLC

Last Buyer's Agent

Chris Page

WNC Real Estate Partners License #312642

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned R011

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Cabin
  • Permanent Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wired For Data
  • Cathedral Ceiling
  • Window Screens
  • French Doors
  • Sliding Doors
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Driveway
  • 3 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Solar Power System

Listing and Financial Details

  • Assessor Parcel Number 0855-03-20-4562

Community Details

Overview

  • Bear Ridge Home Owners Association
  • Bear Ridge Subdivision

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2004
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 229.89
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Permanent
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 924
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 294
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 1218
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors, Screen Door(s), Sliding Doors
  • Living Area: 1218
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Winter, Year Round
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Hall, Inside, Laundry Closet, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Utilities: Cable Available, Electricity Connected, Solar
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: Bear Ridge Home Owners Association
  • ResoAssociationFeeFrequency: Annually
  • Association Email: hgarbade@chechessee.com; cagardy@chechessee.com

Association/Amenities

  • Association Annual Expense: 600.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Green Area, Level, Open Lot, Private, Rolling Slope, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 0855-03-20-4562
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R011

Green Features

  • Green Sustainability: Photovoltaic - Solar Power

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Aug 4, 2023
Sold by
Chavis Neal
Bought by
Olson Debra
Seller's Agent
Jenna Walen
EXP Realty LLC
Buyer's Agent
Chris Page
WNC Real Estate Partners
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
266
Current Estimated Value
$321,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,088
Avg. Annual Appreciation
7.80%
Original Mortgage
$180,000
Outstanding Balance
$174,074
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$161,492

Purchase Details

Closed on
Jun 27, 2019
Sold by
Martin Theodore B and Martin Laurie C
Bought by
Chavis Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Fender Family Llc
Bought by
Martin Theodore B and Martin Laurie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olson Debra $285,000 None Listed On Document
Chavis Neal $166,000 None Available
Martin Theodore B $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Debra $180,000
Previous Owner Chavis Neal $124,500
Previous Owner Martin Theodore B $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $280,000 +1.8% $230 / Sq Ft
05/28/2023 05/28/23 For Sale $275,000 0.0% $226 / Sq Ft
05/28/2023 05/28/23 Off Market $275,000 -- --
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 $1,495 $233,600 $40,700 $192,900
2024 $1,472 $233,600 $40,700 $192,900
2023 $1,472 $233,600 $40,700 $192,900
2022 $1,472 $233,600 $40,700 $192,900
2021 $1,219 $187,600 $40,700 $146,900
2020 $1,219 $187,600 $40,700 $146,900
2019 $1,199 $184,400 $37,500 $146,900
2018 $1,199 $184,400 $37,500 $146,900
2017 $1,164 $179,000 $37,500 $141,500
2016 $1,074 $179,000 $37,500 $141,500
2015 $11 $179,000 $37,500 $141,500
2014 $1,074 $179,000 $37,500 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4030027

Canopy MLS (Canopy Realtor® Association)

APN: 0855-03-20-4562