NOT LISTED FOR SALE

137 Grannys Ridge Rd Ferguson, NC 28624

Estimated Value: $485,000 - $757,000

3 Beds
3 Baths
2,200 Sq Ft
$281/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $380,000 $173 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,975/month

195 Days on Market

Highlights

  • Mountainous Lot
  • Zoned Heating and Cooling
  • Wood Siding
  • Porch

About This Home

As of February 2021

Fully furnished and recently updated mountain home on Leatherwood Mountain now available. Remodel included new kitchen appliances, bathroom upgrades, opening up walls, poplar bark accent walls inside and out. ound sound system, plus a separate secluded seating area where you can enjoy reading a good book. The family room features a stone wood-burning fireplace, hardwood flooring, vaulted ceiling and hardwood flooring. The remodeled kitchen features an island with sink and an adjacent dining area in a bay window. Just off the kitchen is a 300 sq ft screened in porch in a wooded setting. Upstairs is a second master bedroom with a large spacious bathroom and closet. Connected by an exposed walkway is another bedroom with its own bathroom. The covered front porch is full length with rocking chairs and three steps down is the huge 340 plus square foot second deck. From this side of the home, the long-range layered views are simply incredible and unforgettable. This home is currently on a vacation rental program bring in extra income for the owners. Community amenities include, pool, pavilion, 1 pond, and miles of trails for horseback riding, hiking or jogging.

Last Agent to Sell the Property

David Bridgers

Mountain Property Brokerage License #189380 Listed on: 06/22/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1992

Lot Details

  • 8.75 Acre Lot
  • Mountainous Lot

HOA Fees

  • $139 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Stone

Interior Spaces

  • 2,024 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Electric Water Heater

Community Details

  • Leatherwood Mountains Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0701147
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,502

Year Built

Built in 1992

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 8.75
  • Subdivision Name: Leatherwood Mountains
  • Directions: In Wilkesbor take exit 286-B, turn left go 18 miles to jct of Elk Creek Darby Rd on the right, turn right go 7 miles to Leatherwood Mountains Subdivision. GATED
  • Above Grade Finished Sq Ft: 2024
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2024
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Mountain
  • Pool Features: None
  • Construction Type: Frame, Stone, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Private,Septic
  • Cooling: Central Air, Zoned
  • Heating: Fireplace(s), Heat Pump, Electric, Wood
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1664
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 0701147
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 45577.1429
  • TRIADMLS_DeedPage: 50
  • TRIADMLS_DeedBook: 839
  • TRIADMLS_AcresRange: 8 - 9

Tax Info

  • Tax Annual Amount: 2502
  • Tax Year: 2010
  • TRIADMLS_TaxRate: 0.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Feb 9, 2021
Sold by
137-Grannysridge Llc
Bought by
Parnell Michael G and Parnell Jennifer B
Seller's Agent
David Bridgers
Mountain Property Brokerage
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$380,000
Current Estimated Value
$619,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,040
Avg. Annual Appreciation
10.46%
Original Mortgage
$342,000
Outstanding Balance
$308,865
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$288,063

Purchase Details

Closed on
Jun 7, 2017
Sold by
Smith Rodney A and Smith Leslie W
Bought by
137 & Grannysridge Llc

Purchase Details

Closed on
Jun 1, 2000
Bought by
Smith Rodney A and Joyce Leslie W
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
Parnell Michael G $380,000 Deal Moseley & Smith Llp
137 & Grannysridge Llc -- Herman-Giddens Gregory
Smith Rodney A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parnell Michael G $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $380,000 0.0% $188 / Sq Ft
02/10/2021 02/10/21 Sold $380,000 0.0% $211 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
08/29/2018 08/29/18 For Sale $380,000 -- $188 / Sq Ft
Source: Triad MLS

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 $5,224 $343,700 $137,500 $206,200
2023 $2,573 $343,700 $137,500 $206,200
2022 $2,573 $343,700 $137,500 $206,200
2021 $2,573 $343,700 $137,500 $206,200
2020 $2,612 $343,700 $137,500 $206,200
2019 $261,212 $343,700 $137,500 $206,200
2018 $2,541 $329,990 $0 $0
2017 $2,541 $329,990 $0 $0
2016 $2,541 $329,990 $0 $0
2015 $2,607 $329,990 $0 $0
2014 $2,607 $329,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 981903

Triad MLS

APN: 0701147