NOT LISTED FOR SALE

197 Rippling Brook Way Unit Mckinley 1 Blowing Rock, NC 28605

Estimated Value: $700,000 - $895,000

2 Beds
2 Baths
1,482 Sq Ft
$409/mo HOA Fee

Last Sold April 30, 2013

Last sale price $329,500 $222 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,765/month

Highlights

  • Home fronts a pond
  • Gated Community
  • Private Membership Available
  • Blowing Rock Elementary School Rated A
  • Lake Privileges
  • Community Lake

About This Home

As of April 2013

Previously a Chetola model, meticulously maintained by the owner,fully furnished, beautiful setting on The Ponds, outstanding rental history. Fully furnished and managed by Chetola for rental. Excellent income with history available. Picture perfect ready to occupy.

Last Agent to Sell the Property

Brockford Baird

Baird Investments Inc Listed on: 04/17/2012

Co-Listed By

Deborah Coffey

Watauga Property Management

Last Buyer's Agent

Deborah Coffey

Watauga Property Management

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 2001

Lot Details

  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road

HOA Fees

  • $409 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch

Schools

  • Blowing Rock Elementary School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2808900315001

Community Details

Overview

  • Private Membership Available
  • Chetola Subdivision
  • Community Lake

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,175

Year Built

Built in 2001

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 544
  • Co List Office Phone: (828) 295-9962
  • Subdivision Name: Chetola
  • Above Grade Finished Sq Ft: 1482.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Year Built: 2001
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Jetted Tub
  • Living Area: 1482.0
  • Window Features: Double Pane Windows

Exterior Features

  • Waterfront Features: Creek, Lake Privileges, Stream, Pond
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage, Paved, Shared Driveway

Utilities

  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Gated, Lake, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 409.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Blowing Rock

Lot Info

  • Parcel #: 2808900315001
  • Zoning Description: Deed Restrictions,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2175.0
  • Tax Book Number: 740/234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2012
Closed on
Mar 20, 2013
Sold by
Purlong George P and Purlong Sarah S
Bought by
Mangum Henry B and Mangum Janice K
Seller's Agent
Brockford Baird
Baird Investments Inc
Buyer's Agent
Deborah Coffey
Watauga Property Management
List Price
$329,500
Sold Price
$329,500
Current Estimated Value
$771,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,412
Avg. Annual Appreciation
7.07%
Original Mortgage
$260,000
Outstanding Balance
$184,387
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$587,525
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
Mangum Henry B $329,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangum Henry B $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $329,500 0.0% $222 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
04/17/2012 04/17/12 For Sale $329,500 -- $222 / 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 $3,168 $426,900 $50,000 $376,900
2023 $3,017 $426,900 $50,000 $376,900
2022 $3,017 $426,900 $50,000 $376,900
2021 $2,906 $339,300 $50,000 $289,300
2020 $2,771 $339,300 $50,000 $289,300
2019 $2,771 $339,300 $50,000 $289,300
2018 $2,533 $339,300 $50,000 $289,300
2017 $2,533 $339,300 $50,000 $289,300
2013 -- $338,300 $62,500 $275,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 171994

High Country Association of REALTORS®

APN: 2808-90-0315-001