NOT LISTED FOR SALE

216 Downy Brook Ln Pinnacle, NC 27043

Estimated Value: $886,000 - $987,167

4 Beds
4.5 Baths
6,100 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $850,000 $139 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,531/month

53 Days on Market

Highlights

  • Home fronts a pond
  • Built-In Refrigerator
  • Living Room with Fireplace
  • Shoals Elementary School Rated A
  • Pond
  • Cul-De-Sac

About This Home

As of July 2024

Gorgeous, Custom-Built Home, Boasting 5700+/- sqft. on 4+/- acres (lots 5 & 6) ! 4BR's/4.5BA's, Large Kitchen with gas cook-top, eat-in area, Formal Dining Room, walk-in pantry, Living Room on main with gas fireplace (underground leased tank), half bath plus Office! Second Floor hosts a Recreation Room, nice-sized laundry room, bedroom with ensuite bathroom, two bedrooms with jack and jill bathroom with tiled shower & marble countertop, and a Large Primary Suite that has sitting area with fireplace. All TV's to remain, Kitchen Appliances and washer and dryer to also remain! Updates include Trex Decking, Hardwoods on Main level, Granite Island, wainscotting on stairway. Home Theater, kitchen in basement, large living/home office & full bath in basement with tiled shower; Pond on property, 3 car garage, & more! Seller is licensed NC Realtor.

Last Agent to Sell the Property

Holli Nowlin

The Greenhill Group, Holli Nowlin, Inc License #271643 Listed on: 04/11/2024

Last Buyer's Agent

Sonya Ganyard

Sonya Ganyard Realty, LLC License #245155

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,091

Year Built

  • Built in 2006

Lot Details

  • 4.24 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Property is zoned RL

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,763 Sq Ft Home
  • 5,100-6,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laundry on upper level
  • Finished Basement

Kitchen

  • Gas Cooktop
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Pond

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • Downey Brook Subdivision

Listing and Financial Details

  • Tax Lot 5 & 6
  • Assessor Parcel Number 595512857837&595512868110
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,091

Year Built

Built in 2006

Lot Details

0

HOA Fees

$80 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.24
  • Lot Size: see Acreage
  • Subdivision Name: Downey Brook
  • Directions: HWY52, right onto exit 134, left onto Shoals Road. right onto Downy Brook, home at end of cul-de-sac
  • Above Grade Finished Sq Ft: 5763
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1200 - 1500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 5100 - 6100
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Cul-De-Sac, Pond
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Refrigerator, Dishwasher, Gas Cooktop, Electric Water Heater
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry
  • Has Basement: Finished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1409
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 5763
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Waterfront Features: Pond
  • Exclusions: G&B Ust, Hammock And Japanse Maple Tree
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Laundry Room - 2nd Level
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 595512857837&595512868110
  • Zoning: RL
  • TRIADMLS_PricePerAcre: 200471.6981
  • TRIADMLS_PlatPage: 120
  • TRIADMLS_DeedPage: 497,487
  • TRIADMLS_DeedBook: 1798,1817
  • TRIADMLS_PlatBook: 14
  • TRIADMLS_AcresRange: 4 - 4

Tax Info

  • Tax Annual Amount: 4091
  • Tax Lot: 5 & 6
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jul 23, 2024
Sold by
Conrad David P and Conrad Karen E
Bought by
Salverson Elizabeth Anne and Edwards Korbyn Ray
Seller's Agent
Holli Nowlin
The Greenhill Group, Holli Nowlin, Inc
Buyer's Agent
Sonya Ganyard
Sonya Ganyard Realty, LLC
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Views
133
Current Estimated Value
$940,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,722
Avg. Annual Appreciation
9.75%
Original Mortgage
$355,000
Outstanding Balance
$352,619
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$588,103

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jan 24, 2022
Sold by
Mckinney Michael W and Mckinney Angelia L
Bought by
Conrad David P and Conrad Karen E
Seller's Agent
Holli Nowlin
The Greenhill Group, Holli Nowlin, Inc
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$755,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Mar 8, 2007
Sold by
Durabull Inc
Bought by
Mckinney Michael W and Mckinney Angelia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 6, 2006
Sold by
Mckinney Michael W and Mckinney Angelia L
Bought by
Durabull Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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
Salverson Elizabeth Anne $850,000 None Listed On Document
Conrad David P $755,000 Faw Fogler & Johnson Pc
Mckinney Michael W -- None Available
Durabull Inc $27,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salverson Elizabeth Anne $355,000
Previous Owner Mckinney Michael $70,000
Previous Owner Mckinney Michael W $375,500
Previous Owner Durabull Inc $298,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $850,000 -2.3% $167 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $869,900 -3.3% $171 / Sq Ft
04/11/2024 04/11/24 For Sale $899,900 +19.2% $176 / Sq Ft
01/24/2022 01/24/22 Sold $755,000 -- $148 / 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
2024 $3,906 $654,630 $31,460 $623,170
2023 $3,614 $654,630 $31,460 $623,170
2022 $2,615 $654,630 $31,460 $623,170
2021 $2,664 $443,790 $31,460 $412,330
2020 $2,656 $419,730 $31,460 $388,270
2019 $2,653 $419,730 $31,460 $388,270
2018 $2,347 $419,730 $0 $0
2017 $2,650 $419,730 $0 $0
2016 $2,650 $419,730 $0 $0
2013 -- $424,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1138653

Triad MLS

APN: 5955-12-85-7837