NOT LISTED FOR SALE

192 Ridge Dr Troy, NC 27371

Estimated Value: $1,108,000 - $1,688,000

4 Beds
3.5 Baths
3,620 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $886,000 $245 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,034/month

42 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Transitional Architecture
  • Waterfront
  • Community Lake
  • Engineered Wood Flooring

About This Home

As of September 2020

Incredible Open Floor Plan designed for Maximum Lake Views! Big Windows, tall ceilings, large eating areas & lots of outdoor areas, all overlooking the lake! Very private home w/ 4 bedrooms, 3.5 baths. Cathedral ceilings, beautiful wood flooring & columns in the great room w/ stone accents. Lovely Master Suite w/ huge water view. Master Bath w/ walk-in closets w/ special built-in cabinetry. Octagonal breakfast room w/ big water views & access to the porch. Gorgeous kitchen w/ natural cherry cabinetry, glass doors, high-end appliances & grandiose granite bar, perfect for entertaining! Lg stone fireplace w/ wood insert in the great room overlooking a nice sized covered porch w/ big lake views! Den & guest bdrms on lower level w/ exercise room. Big concrete patio & walkway down to the 2-slip boathouse w/ a great balcony overlooking Morrow Mountain State Park & the Main Channel. Good water depth, seawall & boat lifts. Spacious 3-car garage w/ workshop. Meticulous details & ready to view!

Last Agent to Sell the Property

Lynn Norman

Lake Tillery Properties LLC License #159889 Listed on: 06/17/2020

Last Buyer's Agent

Kristen Huneycutt

Lantern Realty & Development License #296250

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Workshop in Garage

Home Design

  • Transitional Architecture
  • Stone Siding
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Insulated Windows

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Flooring

  • Engineered Wood
  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6588-14-33-1308

Community Details

Overview

  • Tony Norman Association, Phone Number (704) 438-1010
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98554
  • Ratio Close Price By Original Li: 0.97470
  • Ratio Current Price By Acre: 434313.73
  • Ratio Current Price By Sq Ft: 244.75
  • Special Assessment Description: Duke Energy Waterfront Lease
  • Special Assessment Yn: Yes
  • Year Built: 2009
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Partially Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Beverage Refrigerator, Ceiling Fan(s), Central Vacuum, Dishwasher, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Hood, Microwave, Refrigerator
  • Fireplace Description: Great Room, Woodstove
  • Fireplace: Yes
  • Flooring: Bamboo, Prefinished Wood, Tile
  • H O A Management Phone: 704-438-1010
  • Interior Amenities: Breakfast Bar, Built-Ins, Cathedral Ceiling(s), Garage Shop, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 481
  • Sq Ft Basement: 1482
  • Main Level Sq Ft: 2138
  • Total Sq Ft: 3620

Exterior Features

  • Construction: Hard Stucco, Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Underground Power Lines

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Driveway, Garage - 3 Car, Keypad Entry, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Lake
  • Association Fee: 800.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Tony Norman
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Lake, Long Range View, Mountain View, Water view, Waterfront
  • Parcel Number: 6588-14-33-1308
  • Plat Reference Section Pages: E-127B
  • Zoning Specification: Res

Tax Info

  • Tax Value: 926312.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Sep 15, 2020
Sold by
Mcelreath Steven R and Cooper Sharon R
Bought by
Beck Jeffrey W and Beck Donna T
Seller's Agent
Lynn Norman
Lake Tillery Properties LLC
Buyer's Agent
Kristen Huneycutt
Lantern Realty & Development
List Price
$909,000
Sold Price
$886,000
Premium/Discount to List
-$23,000
-2.53%
Current Estimated Value
$1,424,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,218
Avg. Annual Appreciation
9.41%
Original Mortgage
$510,400
Outstanding Balance
$452,106
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$972,112

Purchase Details

Closed on
Aug 19, 2016
Sold by
Morgan Thomas Granville and Morgan Donna Shanks
Bought by
Mcelreath Steven R and Cooper Sharon R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beck Jeffrey W $886,000 None Available
Mcelreath Steven R $765,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Jeffrey W $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $886,000 -1.4% $245 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $899,000 -1.1% $248 / Sq Ft
06/17/2020 06/17/20 For Sale $909,000 -- $251 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $6,062 $925,512 $264,000 $661,512
2024 $6,062 $925,512 $264,000 $661,512
2023 $6,062 $925,512 $264,000 $661,512
2022 $6,062 $925,512 $264,000 $661,512
2021 $6,062 $925,512 $264,000 $661,512
2020 $6,062 $925,512 $264,000 $661,512
2019 $5,017 $760,200 $228,000 $532,200
2018 $5,017 $760,200 $228,000 $532,200
2017 $5,017 $760,200 $228,000 $532,200
2016 $5,017 $760,200 $228,000 $532,200
2015 $4,637 $760,200 $0 $0
2014 $4,637 $760,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3627226

Canopy MLS (Canopy Realtor® Association)

APN: 6588-14-33-1308