NOT LISTED FOR SALE

1520 Meadow Rd Ferguson, NC 28624

Estimated Value: $308,000 - $661,187

1 Bed
1 Bath
576 Sq Ft
$877/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2022

Last sale price $399,000 $693 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,337 / mo

288 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Home fronts a pond
  • Equestrian Center
  • Fishing
  • Gated Community

About This Home

As of March 2022

This one of a kind opportunity is now available! This RV Port and Barndominium located inside the gated community of Leatherwood Mountains offers many unique possibilities. "Third Feather" as it is known, has a living area closed off from the open structure, complete with a kitchenette, living/bedroom, tack room, and full bathroom. The space inside provides an perfect RV Port "home base" to not only live in while not traveling, but to protect your RV when not on the road. For the equestrian lover, there is a covered run in with 3 stalls, an elevated feeding catwalk from the loft, for hay dropping, and a large fenced paddock. This lot also has more than 1 building site for building a stand alone house. Conveniently located just one mile from the entrance of Leatherwood through the meadow, access to this site is easy. The hiking and equestrian trail system spans over 3500 acres and is immediately accessible from the adjacent trail along the western edge of the property. The outside covered space must be seen to be fully appreciated. The covered outdoor fireplace makes for a great gathering space. Too many amenities and opportunities to mention. Schedule a showing today!

Last Agent to Sell the Property

Trevor Whitson

Leatherwood Mountains Homes & Sales, Llc. Listed on: 05/14/2021

Last Buyer's Agent

Jerrita Roark

Howard Hanna Allen Tate Ashe High Country Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 2017

Lot Details

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

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Metal Roof
  • Aluminum Siding
  • Steel Beams
  • Metal Construction or Metal Frame

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Factory Built Fireplace
  • Home Security System

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Garage
  • Oversized Parking
  • Private Parking
  • Gravel Driveway

Schools

  • Boomer-Ferguson Elementary School
  • Wilkes Central High School

Utilities

  • Ductless Heating Or Cooling System
  • Space Heater
  • Heat Pump System
  • Radiant Heating System
  • Wall Furnace
  • Private Water Source
  • Private Sewer

Additional Features

  • Handicap Accessible
  • Barn
  • Equestrian Center

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 0700844

Community Details

Overview

  • Leatherwood Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing
  • Horse Facilities
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,821

Year Built

Built in 2017

Lot Details

8.43 Acres

HOA Fees

$167 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.43
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Leatherwood
  • Above Grade Finished Sq Ft: 576.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2017
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: One, Factory Built, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Handicap Access
  • Living Area: 576.0
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Pool Features: Community
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Metal Frame, Steel
  • Exterior Features: Fence, Horse Facilities, Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Barn(s)
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Garage, Gravel, Oversized, Private

Utilities

  • Security: Security System
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Ductless, Electric, Heat Pump, Radiant, Space Heater, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Community, Fishing, Gated, Pool, Tennis Court(s), Trails/Paths, Short Term Rental Allowed
  • Association Fee: 2000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0700844
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2821.0
  • Tax Book Number: 1204/369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Mar 23, 2022
Sold by
Laney and Brenda
Bought by
Murphy Sean Daniel
Seller's Agent
Trevor Whitson
Leatherwood Mountains Homes & Sales, Llc.
Buyer's Agent
Jerrita Roark
Howard Hanna Allen Tate Ashe High Country Realty
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$505,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,297
Avg. Annual Appreciation
6.10%
Original Mortgage
$319,999
Outstanding Balance
$298,219
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$207,078

Purchase Details

Closed on
Jan 28, 2008
Bought by
Rash Philip D and Rash Susan B
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Murphy Sean Daniel $400,000 Reeves Law Firm
Rash Philip D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Sean Daniel $319,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $399,000 0.0% $693 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
05/14/2021 05/14/21 For Sale $399,000 -- $693 / Sq Ft
Source: High Country Association of REALTORS®

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 $5,643 $538,940 $182,150 $356,790
2024 $5,643 $371,220 $106,160 $265,060
2023 $2,779 $371,220 $106,160 $265,060
2022 $2,779 $371,220 $106,160 $265,060
2021 $2,821 $371,220 $106,160 $265,060
2020 $2,821 $371,220 $106,160 $265,060
2019 $282,127 $371,220 $106,160 $265,060
2018 $2,201 $285,810 $0 $0
2017 $817 $106,160 $0 $0
2016 $817 $106,160 $0 $0
2015 $839 $106,160 $0 $0
2014 $839 $106,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 230323

High Country Association of REALTORS®

APN: 0700844

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