NOT LISTED FOR SALE

1224 Elk Ridge Rd Ferguson, NC 28624

Estimated Value: $455,000 - $533,000

2 Beds
2 Baths
1,083 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $315,000 $291 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,127/month

About This Home

As of September 2020

Log home with spectacular views of the Blue Ridge Mountains including the famous local landmark Grandfather Mountain. This unique log home features 2 bedrooms, 2 baths, great room with vaulted ceiling, kitchen, and an adjacent dining room with windows on 3 walls overlooking the woods and mountains. The front of the home has a full-length covered porch looking Westward towards the beautiful layered mountain views. A huge open deck is just below the porch and on one side is the hot tub deck. This home is move-in ready and well maintained. The community amenities include gated entrance, paved road system, family pavilion for parties and events, seasonal swimming pool, playground, outdoor basketball court, 2 fishing ponds, and miles of trails for hiking, jogging or horseback riding. Just across the road from the community entrance is a NC State Wildlife access point to a designated trout fishing stream known as Elk Creek. This one is a "must see".

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Sep 22, 2020
Sold by
Peter Ferguson Timothy and Peter Faye Ellen
Bought by
Bishop Barry R and Bishop Connie A
Seller's Agent
David Bridgers
Mountain Property Brokerage, I
Buyer's Agent
Jordan West
EXP Realty LLC
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$488,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,401
Avg. Annual Appreciation
10.10%
Original Mortgage
$283,500
Outstanding Balance
$254,991
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$250,715

Purchase Details

Closed on
Dec 23, 2002
Bought by
Ferguson Timothy Peter and Ferguson Ellen Faye
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bishop Barry R $315,000 Dustin N Stacy Pllc
Ferguson Timothy Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Barry R $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $315,000 0.0% $291 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
10/04/2019 10/04/19 For Sale $315,000 -- $291 / Sq Ft

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 $3,926 $258,300 $82,490 $175,810
2023 $1,934 $258,300 $82,490 $175,810
2022 $1,934 $258,300 $82,490 $175,810
2021 $1,934 $258,300 $82,490 $175,810
2020 $1,963 $258,300 $82,490 $175,810
2019 $196,308 $258,300 $82,490 $175,810
2018 $1,771 $229,940 $0 $0
2017 $1,771 $229,940 $0 $0
2016 $1,771 $229,940 $0 $0
2015 $1,817 $229,940 $0 $0
2014 $1,817 $229,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Bridgers

    Mountain Property Brokerage, I

    (336) 414-8583

    43 Total Sales

    David Bridgers
    Section Image

  • J

    Buyer's Agent in 2020

    Jordan West

    EXP Realty LLC

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Map

North Carolina Wilkes County Ferguson 28624

1224 Elk Ridge Rd, Ferguson, NC

This home is located at 1224 Elk Ridge Rd, Ferguson, NC 28624 and is currently estimated at $488,401, approximately $450 per square foot. 1224 Elk Ridge Rd is a home located in Wilkes County with nearby schools including Boomer-Ferguson Elementary School, Central Wilkes Middle School, and Wilkes Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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