NOT LISTED FOR SALE

197 Ambrosia Ln Elkin, NC 28621

Estimated Value: $260,000 - $353,023

4 Beds
2 Baths
1,600 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $293,500 $183 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,875/month

75 Days on Market

Highlights

  • Partially Wooded Lot
  • Circular Driveway
  • Detached Carport Space
  • No HOA
  • Porch
  • Garden

About This Home

As of October 2023

13.27 ac (deed) property w/stream, 3 dwellings, outbuildings, carport. 1st dwelling (197 Ambrosia Ln.) is stick-built home measuring approx. 1450 SF, constructed in 1996 w/metal handicap ramp, 4 bedrooms, 2 full bathrooms, new vinyl flooring in living room & kitchen, new roof (2022) & solar panels. 2nd dwelling (177 Ambrosia Ln.) single-wide trailer, 924 SF, constructed in 1996 featuring 3 bedrooms & one-and-a-half baths. 3rd dwelling (205 Ambrosia Ln.) is a single-wide trailer, 720 SF, constructed in 2013 featuring 2 bedrooms and 2 full bathrooms. Each dwelling has private septic & well (see permits in attachments). Access from Austin-Traphill Rd. is by way of permanent easement over Charity United Methodist Church's property on Ambrosia Ln. until it reaches adjoining property owner's line where 30-year lease is in effect & both are recorded in Wilkes Co. Register of Deeds. Refrigerator, washer, dryer, handicap ramp, stove convey in main house. Cash only. As is. 24 hr notice to show.

Last Agent to Sell the Property

Eris Ball

Underdown, Ball & Associates, LLC License #279229 Listed on: 06/13/2023

Co-Listed By

Robert Ball

Underdown, Ball & Associates, LLC License #184573

Last Buyer's Agent

Neil Hagwood

Realty One Group Results License #276462

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,497

Year Built

  • Built in 1997

Lot Details

  • 13.27 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Additional Features

  • Solar Heating System
  • 924 SF Accessory Dwelling Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1902316
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,497

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 13.27
  • Lot Size: See legal
  • Co List Office Mls Id: WUBA01
  • Co List Office Phone: 336-835-2256
  • Subdivision Name: None
  • Directions: I-77 to Hwy 21 North toward Sparta/Roaring Gap. Take CC Camp Road Exit/Hwy 268 Bypass toward Elkin. Right onto Austin Traphill Road for several miles to Ambrosia Lane and follow the directional signs.
  • Above Grade Finished Sq Ft: 1450
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_SecondLQHeatedFinished Sq Ft: 924
  • TRIADMLS_FencedYN: No
  • TRIADMLS_SecondLQAttachedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1450
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Level, Partially Cleared, Partially Wooded, Rolling Slope, Sloped
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Gravel, Circular Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane, Solar
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas, Solar
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 1902316
  • Zoning: R1
  • TRIADMLS_AcresRange: 12 - 14

Tax Info

  • Tax Annual Amount: 1497
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Oct 26, 2023
Sold by
Pessolano Carolyn M
Bought by
Thompson Kevin Craig and Thompson Jessika Lynn
Seller's Agent
Eris Ball
Underdown, Ball & Associates, LLC
Buyer's Agent
Neil Hagwood
Realty One Group Results
List Price
$319,000
Sold Price
$293,500
Premium/Discount to List
-$25,500
-7.99%
Views
723
Current Estimated Value
$315,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,506
Avg. Annual Appreciation
3.21%
Original Mortgage
$293,500
Outstanding Balance
$286,990
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$28,016

Purchase Details

Closed on
Apr 28, 1995
Bought by
Pessolano Carolyn M and Pessolano James P
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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Purchase History

Date Buyer Sale Price Title Company
Thompson Kevin Craig $587 None Listed On Document
Thompson Kevin Craig $587 None Listed On Document
Pessolano Carolyn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kevin Craig $293,500
Closed Thompson Kevin Craig $293,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $293,500 -4.4% $226 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $307,000 -3.8% $236 / Sq Ft
06/13/2023 06/13/23 For Sale $319,000 -- $245 / 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 $2,923 $378,050 $95,590 $282,460
2024 $2,923 $187,340 $47,990 $139,350
2023 $1,475 $192,010 $52,700 $139,310
2022 $1,475 $192,010 $52,700 $139,310
2021 $1,475 $192,010 $52,700 $139,310
2020 $1,498 $192,010 $52,700 $139,310
2019 $149,768 $192,010 $52,700 $139,310
2018 $1,503 $190,250 $0 $0
2017 $1,360 $172,140 $0 $0
2016 $1,360 $172,140 $0 $0
2015 $1,308 $172,140 $0 $0
2014 $1,308 $172,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1108712

Triad MLS

APN: 1902316