NOT LISTED FOR SALE

197 Rippling Brook Way Unit 3 Blowing Rock, NC 28605

Estimated Value: $693,000 - $861,000

2 Beds
2 Baths
1,473 Sq Ft
$480/mo HOA Fee

Last Sold September 28, 2018

Last sale price $310,000 $210 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $4,777/month

Highlights

  • Lake Front
  • 24-Hour Security
  • Community Lake
  • Blowing Rock Elementary School Rated A
  • Private Membership Available
  • Wooded Lot

About This Home

As of September 2018

Immaculate newer and larger 2 bedroom 2 bath condo over looking a creek and ponds at beautiful Chetola Resort. Furniture and most furnishings are included. Easy walking distance to hiking trails, downtown Blowing Rock and all of Chetola’s amenities.

Last Agent to Sell the Property

Tim Baxter

Baxter Mountain Properties Listed on: 07/06/2018

Last Buyer's Agent

Eric Ritchie

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 2001

Lot Details

  • Lake Front
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,473 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Blowing Rock Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2808900315003

Community Details

Overview

  • Private Membership Available
  • Chetola Subdivision
  • Community Lake

Recreation

  • Tennis Courts

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,456

Year Built

Built in 2001

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Chetola
  • Above Grade Finished Sq Ft: 1473.0
  • Architectural Style: Mountain, Traditional
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2001
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1473.0
  • Stories: 1

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding, Wood Frame
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: 24 Hour Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Lake, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 480.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Blowing Rock

Lot Info

  • Parcel #: 2808900315003
  • Zoning Description: Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2456.0
  • Tax Book Number: 728/472

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Sep 27, 2018
Sold by
Pratt Janet G
Bought by
Hutchins Charels R and Lineberger Clenda L
Seller's Agent
Tim Baxter
Baxter Mountain Properties
Buyer's Agent
Eric Ritchie
Premier Sotheby's Int'l Realty
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$760,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,831
Avg. Annual Appreciation
13.60%
Original Mortgage
$248,000
Outstanding Balance
$216,271
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$544,560
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
Hutchins Charels R $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchins Charels R $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $310,000 0.0% $210 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $310,000 -- $210 / 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 $3,172 $427,500 $50,000 $377,500
2023 $3,021 $427,500 $50,000 $377,500
2022 $3,021 $427,500 $50,000 $377,500
2021 $2,817 $328,600 $50,000 $278,600
2020 $2,686 $328,600 $50,000 $278,600
2019 $2,686 $328,600 $50,000 $278,600
2018 $2,456 $328,600 $50,000 $278,600
2017 $2,456 $328,600 $50,000 $278,600
2013 -- $338,900 $62,500 $276,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 208976

High Country Association of REALTORS®

APN: 2808-90-0315-003