NOT LISTED FOR SALE

1481 Summit Ridge Rd Purlear, NC 28665

Estimated Value: $382,461 - $455,000

2 Beds
1 Bath
1,700 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $315,000 $185 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,587/month

7 Days on Market

Highlights

  • 20.21 Acre Lot
  • Mountainous Lot
  • Wooded Lot
  • West Wilkes Middle School Rated A-
  • Secluded Lot
  • Attic

About This Home

As of February 2023

VIEWS, VIEWS, VIEWS!! Is a 2 bedroom, 1 bathroom cabin perched on the side of a mountain with BREATHTAKING views, over 1500sqft of living space, 20+ acres, a pond, multiple creeks and trails running throughout what you're looking for? Well this one has it all. This beautiful home features 2 bedrooms, 1 full bathroom, bonus rm, hardwoods throughout and a loft area upstairs with breathtaking views from almost every room. Enjoy your morning coffee off the large deck or a relaxing evening in the hot tub overlooking the Blue Ridge Mountains. Trails running throughout the property make it the perfect spot to ride ATVs or just explore the land. A trail to the left of the property takes you to the peaceful pond and creeks. The scenic setting and rural feel makes this home extremely desirable, with massive short-term rental possibilities. Located 18 miles to W Kerr Scott lake, 18 miles to Boone, 6 miles to the Blue Ridge Parkway, 12 miles to the New River and short distance to multiple wineries

Last Agent to Sell the Property

Robert Poole

Keller Williams Realty Elite License #329026 Listed on: 01/16/2023

Keller Williams Realty Elite

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 2006

Lot Details

  • 20.21 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Mountainous Lot
  • Wooded Lot
  • Property is zoned R1

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,525 Sq Ft Home
  • 1,300-1,700 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Property Views
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2990765925

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

Year Built

Built in 2006

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 20.21
  • Subdivision Name: None
  • Directions: GPS IS WRONG. From 421, take HWY 16 to intersection of HWY 16 and Boone Trail. Turn left onto Boone Trail. Take Parsonsville Rd on the right. Can GPS from there. DO NOT GO THROUGH BUCK MTN.
  • Above Grade Finished Sq Ft: 1525
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1525
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Mountain, Rural, Secluded, Views, Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 2990765925
  • Zoning: R1
  • TRIADMLS_PricePerAcre: 15586.3434
  • TRIADMLS_DeedPage: 226
  • TRIADMLS_DeedBook: 1363
  • TRIADMLS_AcresRange: 18 - 21

Tax Info

  • Tax Annual Amount: 1464
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Burke Elizabeth and Burke Adam
Bought by
Slide Chomp Acres Llc
Current Estimated Value
$417,154

Purchase Details

Closed on
Sep 6, 2024
Sold by
Burke Elizabeth and Burke Adam
Bought by
Slide Chomp Acres Llc

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 22, 2023
Sold by
Gragg Kevin Adam and Ashley Catherine
Bought by
Burke Elizabeth and Burke Adam
Seller's Agent
Robert Poole
Keller Williams Realty Elite
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$252,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2022
Sold by
Kevin Gragg Troy and Kevin Tammy
Bought by
Gragg Kevin Adam and Gragg Ashley Catherine

Purchase Details

Listed on
Jan 18, 2011
Closed on
Jun 28, 2012
Bought by
Gragg Troy Kevin
Seller's Agent
Sherrill Faw
Sherrill Faw Realty, LLC
Buyer's Agent
Sherrill Faw
Sherrill Faw Realty, LLC
List Price
$259,900
Sold Price
$187,120
Premium/Discount to List
-$72,780
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Source: Public Records

Range of Values:

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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
Slide Chomp Acres Llc -- None Listed On Document
Slide Chomp Acres Llc -- None Listed On Document
Burke Elizabeth $315,000 None Listed On Document
Gragg Kevin Adam $180,000 --
Gragg Troy Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Elizabeth $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $315,000 -3.1% $242 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $325,000 +73.7% $250 / Sq Ft
06/28/2012 06/28/12 Sold $187,120 -28.0% $139 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
01/18/2011 01/18/11 For Sale $259,900 -- $194 / 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 $3,181 $161,440 $48,700 $112,740
2023 $1,163 $151,060 $43,620 $107,440
2022 $1,131 $151,060 $43,620 $107,440
2021 $1,131 $151,060 $43,620 $107,440
2020 $1,118 $151,060 $43,620 $107,440
2019 $110,274 $151,060 $43,620 $107,440
2018 $800 $108,160 $0 $0
2017 $800 $108,160 $0 $0
2016 $800 $108,160 $0 $0
2015 $822 $108,160 $0 $0
2014 $822 $108,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1094136

Triad MLS

APN: 0802242