NOT LISTED FOR SALE

1360 Elk Ridge Rd Ferguson, NC 28624

Estimated Value: $521,339 - $620,000

3 Beds
2 Baths
1,706 Sq Ft
$335/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $345,000 $202 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,560/month

66 Days on Market

Highlights

  • Horse Facilities
  • Home fronts a pond
  • Mountain View
  • Equestrian Center
  • Gated Community
  • Clubhouse

About This Home

As of February 2020

"Painted Pony", as this home is affectionately called, is quite a charming three bedroom home located in the gated community of Leatherwood Mountains. The views from this house are capable of taking you away from the hustle and bustle of your home-life, while you enjoy the spacious hot tub. The windows in the main living and dining area expand much of the walls, accenting the aforementioned views. The main level and the loft both have hardwood floors, with carpeting in the bedrooms. The stone fireplace in the living room is quite the centerpiece in the open floor plan. This home could be an easy addition to the thriving rental program that Leatherwood Mountains Resort already has in place, as the owners are offering this home fully furnished. Owners of this home will get to enjoy all of the amenities that Leatherwood Mountains has to offer. The development includes a community pool, tennis courts, pavilion, and over 50 miles of horseback and hiking trails. At the entrance to the development, retail options include a restaurant, campground, multiple barns, covered riding arena, riding ring, and fly fishing, which are all available to property owners. Come see this house today!

Last Agent to Sell the Property

Trevor Whitson

Leatherwood Mountains Homes & Sales, Llc. Listed on: 11/08/2019

Last Buyer's Agent

Trevor Whitson

Leatherwood Mountains Homes & Sales, Llc. Listed on: 11/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,133

Year Built

  • Built in 1996

Lot Details

  • 4.35 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as Residential,Subdivision

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,706 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Mountain Views
  • Crawl Space
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Boomer-Ferguson Elementary School
  • West Wilkes High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Private Sewer

Additional Features

  • Covered patio or porch
  • Equestrian Center

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 0701160

Community Details

Overview

  • Leatherwood Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Horse Facilities

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,133

Year Built

Built in 1996

Lot Details

0

HOA Fees

$139 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.35
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Leatherwood
  • Above Grade Finished Sq Ft: 1706.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Living Area: 1706.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Frame, Log, Wood Siding
  • Exterior Features: Horse Facilities
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Community, Gated, Pool, Tennis Court(s), Short Term Rental Allowed
  • Association Fee: 1664.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Boomer-Ferguson
  • High School: West Wilkes

Lot Info

  • Parcel #: 0701160
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2133.0
  • Tax Book Number: 1042/0005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Feb 13, 2020
Sold by
Norment Thomas M and Norment Cynthia A
Bought by
Barnes Kenneth L and Barnes Sharon D
Seller's Agent
Trevor Whitson
Leatherwood Mountains Homes & Sales, Llc.
Buyer's Agent
Trevor Whitson
Leatherwood Mountains Homes & Sales, Llc.
List Price
$345,000
Sold Price
$345,000
Total Days on Market
66
Current Estimated Value
$570,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,780
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
May 25, 2007
Bought by
Norment Thomas M and Norment Cynthia A
Source: Public Records

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Range of Values:

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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
Barnes Kenneth L $345,000 Ferree Russell F
Norment Thomas M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $345,000 0.0% $202 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $345,000 -- $202 / 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
2024 $4,703 $280,710 $92,600 $188,110
2023 $2,101 $280,710 $92,600 $188,110
2022 $2,101 $280,710 $92,600 $188,110
2021 $2,101 $280,710 $92,600 $188,110
2020 $2,133 $280,710 $92,600 $188,110
2019 $213,340 $280,710 $92,600 $188,110
2018 $2,138 $277,630 $0 $0
2017 $2,138 $277,630 $0 $0
2016 $2,138 $277,630 $0 $0
2015 $2,193 $277,630 $0 $0
2014 $2,193 $277,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 218826

High Country Association of REALTORS®

APN: 0701160