NOT LISTED FOR SALE

1450 E Old Phillips Rd Pinnacle, NC 27043

Estimated Value: $353,000 - $834,376

2 Beds
2 Baths
1,300 Sq Ft
$457/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $570,000 $438 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,455/month

Highlights

  • Barn
  • Horses Allowed On Property
  • Partially Wooded Lot
  • Chestnut Grove Middle Rated 9+
  • 47.87 Acre Lot
  • Wood Flooring

About This Home

As of July 2020

Located at the foot of Pilot Mtn this beautiful working horse breeding & training facility sits on 47+ private acres. The log home has views of the pastures & barns. South-facing deck. Main barn has 1 BR apt, front office, lab, indoor exercise ring, stallion stalls, foaling stalls & equipment & tack storage space. Large mare barn w/ 20 stalls. Property holds up to 75 horses each Spring for breeding & hosted 25 mares w/ foals year round. Property could be easily adapted for other business or personal use.

Last Agent to Sell the Property

Toni Phillips

Leonard Ryden Burr Real Estate License #252968 Listed on: 07/23/2020

Co-Listed By

Kristin Ranson

Leonard Ryden Burr Real Estate License #237363

Last Buyer's Agent

Toni Phillips

Leonard Ryden Burr Real Estate License #252968 Listed on: 07/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 2001

Lot Details

  • 47.87 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned RA

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • No Garage
  • Driveway

Farming

  • Barn
  • Pasture

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5983051436
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,480

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 47.87
  • Co List Office Mls Id: WLRB01
  • Co List Office Phone: 336-779-9200
  • Subdivision Name: None
  • Directions: Directions – Hwy 52 to Pinnacle exit 129, right on Perch Rd, right on E Old Phillips Rd, property on the right – Pilot Knob Quarter Horses sign on the fence.
  • Above Grade Finished Sq Ft: 1220
  • Architectural Style: Log
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Wood
  • Has Basement: Unfinished, Basement, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, See Remarks
  • Fireplaces: 1
  • Living Area: 1220
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Horses Allowed, Partially Wooded, Pasture, Rolling Slope
  • Pool Features: None
  • Construction Type: Log
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 5983051436
  • Zoning: RA
  • TRIADMLS_AcresRange: 43 - 50

Tax Info

  • Tax Annual Amount: 3480.22
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2017
Sold by
Long Elizabeth B and Long Jeffrey
Bought by
Hay Michael R
Current Estimated Value
$593,688
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hay Michael R $175,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $570,000 -- $570 / 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
2025 $4,576 $640,000 $263,500 $376,500
2024 $4,576 $518,600 $186,700 $331,900
2023 $4,201 $518,600 $186,700 $331,900
2022 $3,749 $506,600 $186,700 $319,900
2021 $3,749 $506,600 $186,700 $319,900
2020 $2,959 $399,800 $198,600 $201,200
2019 $2,959 $399,800 $198,600 $201,200
2018 $2,959 $399,800 $198,600 $201,200
2017 $2,939 $399,800 $198,600 $201,200
2016 $2,890 $393,200 $198,600 $194,600
2015 $2,870 $393,200 $198,600 $194,600
2014 $2,901 $393,200 $198,600 $194,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 985983

Triad MLS

APN: 598301051436