NOT LISTED FOR SALE

1601 Forest Ridge Dr Unit 16 Linville, NC 28646

Estimated Value: $2,472,000 - $2,933,000

4 Beds
6 Baths
8,045 Sq Ft
$329/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $1,625,000 $202 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $14,952/month

Highlights

  • Home fronts a pond
  • 3.05 Acre Lot
  • Private Membership Available
  • Gated Community
  • Mountain View
  • Clubhouse

About This Home

As of August 2019

This is a stunning Linville Ridge estate home tucked away on 3 acres inside a well-maintained country club. The home features new hardwood floors throughout, spacious floor plans with three stone fireplaces and long-range mountain views. The large movie theater downstairs, exercise room and gallery are just some of the amazing features of this beautiful home.

Last Agent to Sell the Property

Jonathan Rivers

Premier Sotheby's International Realty- Banner Elk Listed on: 08/17/2018

Premier Sotheby's International Realty- Banner Elk

Co-Listed By

Joshua Aldridge

Premier Sotheby's International Realty

Last Buyer's Agent

Natalie Earnhardt

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,130

Year Built

  • Built in 1993

Lot Details

  • 3.05 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Shared Driveway
  • Golf Cart Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Mountain Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Open Patio

Schools

  • Banner Elk Elementary School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 01
  • Assessor Parcel Number 185700109300

Community Details

Overview

  • Private Membership Available
  • Linville Ridge Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,130

Year Built

Built in 1993

Lot Details

0

HOA Fees

$329 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.05
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 16
  • Co List Office Phone: (828) 898-5151
  • Subdivision Name: Linville Ridge
  • Above Grade Finished Sq Ft: 4410.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Freezer, Microwave, Refrigerator, Trash Compactor, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 3635.0
  • Fireplace Features: Three, Stone, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 8045.0
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Patio And Porch Features: Open
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Golf Cart Garage, Paved, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security System
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Propane, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Gated, Pool, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 3952.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185700109300
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9130.0
  • Tax Book Number: 334/237
  • Tax Lot: 01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Aug 6, 2019
Sold by
Reid Brock Thomas Earl and Reid Brock Kelly
Bought by
Jernigan Kristi W and Dean Jernigan O
Seller's Agent
Jonathan Rivers
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Natalie Earnhardt
Premier Sotheby's International Realty
List Price
$1,625,000
Sold Price
$1,625,000
Current Estimated Value
$2,648,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,023,333
Avg. Annual Appreciation
8.18%
Original Mortgage
$1,340,000
Outstanding Balance
$584,919
Interest Rate
3.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,063,414

Purchase Details

Listed on
Feb 24, 2017
Closed on
Oct 17, 2017
Sold by
Stephens Sam A and Stephens Valerie
Bought by
Brock Thomas Earl and Brock Kelly Reid
Seller's Agent
Jonathan Rivers
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Jonathan Rivers
Premier Sotheby's International Realty- Banner Elk
List Price
$1,675,000
Sold Price
$1,675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.69%
Original Mortgage
$11,172,520
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Jernigan Kristi W $1,625,000 None Available
Brock Thomas Earl $1,675,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jernigan Kristi W $1,340,000
Previous Owner Brock Thomas Earl $11,172,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2019 08/07/19 Sold $1,625,000 0.0% $202 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
08/17/2018 08/17/18 For Sale $1,625,000 -3.0% $202 / Sq Ft
10/27/2017 10/27/17 Sold $1,675,000 0.0% $208 / Sq Ft View Prior Sale
09/27/2017 09/27/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $1,675,000 -- $208 / 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 $7,478 $1,869,600 $312,500 $1,557,100
2023 $7,478 $1,869,600 $312,500 $1,557,100
2022 $0 $1,869,600 $312,500 $1,557,100
2021 $10,212 $1,908,600 $200,000 $1,708,600
2020 $9,130 $1,660,000 $200,000 $1,460,000
2019 $9,130 $1,660,000 $200,000 $1,460,000
2018 $9,130 $1,660,000 $200,000 $1,460,000
2017 $8,202 $1,491,200 $0 $0
2016 $6,669 $1,491,200 $0 $0
2015 $6,669 $1,491,200 $200,000 $1,291,200
2012 -- $2,464,600 $300,000 $2,164,600
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Rivers

    Seller's Agent in 2019

    Jonathan Rivers

    Premier Sotheby's International Realty- Banner Elk

    (828) 766-3915

    20 in this area

    32 Total Sales

    Jonathan Rivers
    Section Image
  • Joshua Aldridge

    Seller Co-Listing Agent in 2019

    Joshua Aldridge

    Premier Sotheby's International Realty

    (828) 260-2128

    86 in this area

    101 Total Sales

    Joshua Aldridge
    Section Image
  • Natalie Earnhardt

    Buyer's Agent in 2019

    Natalie Earnhardt

    Premier Sotheby's International Realty

    (828) 467-0777

    85 in this area

    98 Total Sales

    Natalie Earnhardt
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 209914

High Country Association of REALTORS®

APN: 1857-00-10-9300-00000

North Carolina Avery County Linville

1601 Forest Ridge Dr Unit 16, Linville, NC

This home is located at 1601 Forest Ridge Dr Unit 16, Linville, NC 28646 since 17 August 2018 and is currently estimated at $2,648,333, approximately $329 per square foot. This property was built in 1993. 1601 Forest Ridge Dr Unit 16 is a home located in Avery County with nearby schools including Newland Elementary School, Avery Middle School, and Avery County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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