NOT LISTED FOR SALE

260 Phillips Gap Rd West Jefferson, NC 28694

Estimated Value: $508,000 - $646,000

2 Beds
3 Baths
1,642 Sq Ft
$354/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $400,000 $244 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,242/month

Highlights

  • Second Kitchen
  • Vaulted Ceiling
  • Furnished
  • River View
  • Mountain Architecture
  • No HOA

About This Home

As of September 2021

RIVER FRONTAGE, VIEW & PRIVACY with this custom-built LOG CABIN being sold FURNISHED! Great opportunity for a vacation home/vacation rental investment with almost 100 feet of frontage on the New River where the water is shallow providing a great spot to cool off/swim on a hot summer day. Features include spacious great room with high vaulted ceiling, exposed beams, stone fireplace with direct vent gas logs, unique rustic kitchen cabinetry including island with bar seating and storage underneath, hotel-style bedroom/bath on main & upper levels with shower, vanity & water closet inside bedroom (no closets but both include large armoires); lower level provides family/game room, second kitchen, bonus room (currently used as bedroom, also with shower inside room, vanity & water closet just through door). Beautiful views of the river and surrounding mountains & pasture from the main level covered deck and lower level patio. Only 10 miles to West Jefferson and 18 miles to Boone. WOULD MAKE AN EXCELLENT SHORT-TERM RENTAL due to style, floor plan, river frontage & location!!

Last Agent to Sell the Property

Kim Hurley

Realty One Group Results Listed on: 07/16/2021

Realty One Group Results

Last Buyer's Agent

Mark Little

Realty One Group Results

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 2015

Lot Details

  • 1.01 Acre Lot
  • River Front

Property Views

  • River
  • Trees
  • Pasture
  • Mountain

Home Design

  • Mountain Architecture
  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Masonry
  • Stone

Interior Spaces

  • 2-Story Property
  • Living Quarters
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Wood Frame Window

Kitchen

  • Second Kitchen
  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Westwood Elementary School
  • Ashe County Middle School
  • Ashe County High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Nettle Knob Estate Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 6
  • Assessor Parcel Number 15314-089-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Road Surface Type: Gravel
  • Subdivision Name: Nettle Knob Estate
  • Above Grade Finished Sq Ft: 941.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Other, Refrigerator, See Remarks, Washer
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 701.0
  • Fireplace Features: Gas, Other, See Remarks, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Second Kitchen, Vaulted Ceiling(s)
  • Living Area: 1642.0
  • Stories: 2
  • Window Features: Double Pane Windows, Wood Frames

Exterior Features

  • View: Mountain(s), Pasture, River, Trees/Woods
  • View: Yes
  • Waterfront Features: River Front
  • Home Warranty: No
  • Construction Type: Log, Masonry, Stone, Wood Siding
  • Foundation Details: Basement
  • Other Structures: Living Quarters
  • Patio And Porch Features: Covered, Multiple
  • Roof: Metal

Garage/Parking

  • Parking Features: Asphalt, Driveway, No Garage

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Air, Other, See Remarks
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 2 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Westwood
  • High School: Ashe County
  • Middle Or Junior School: Ashe County

Lot Info

  • Parcel #: 15314-089-006
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1503.0
  • Tax Book Number: 207/878
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 1, 2021
Sold by
Grant John and Grant Janice
Bought by
Stephens Christopher Lee and Stephens Monica Wells
Seller's Agent
Kim Hurley
Realty One Group Results
Buyer's Agent
Mark Little
Realty One Group Results
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$581,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,087
Avg. Annual Appreciation
9.63%
Original Mortgage
$300,000
Outstanding Balance
$272,570
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$308,517
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
Stephens Christopher Lee $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Christopher Lee $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $400,000 0.0% $244 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $400,000 -- $244 / 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
2025 $1,949 $386,800 $65,000 $321,800
2024 $1,872 $386,800 $65,000 $321,800
2023 $1,872 $386,800 $65,000 $321,800
2022 $1,531 $251,000 $65,000 $186,000
2021 $1,531 $251,000 $65,000 $186,000
2020 $1,362 $251,000 $65,000 $186,000
2019 $1,335 $251,000 $65,000 $186,000
2018 $1,333 $254,800 $65,000 $189,800
2016 $1,335 $254,800 $65,000 $189,800
2015 $1,200 $254,800 $65,000 $189,800
2014 $1,200 $243,200 $75,000 $168,200
Source: Public Records

Agents Affiliated with this Home

  • Kim Hurley

    Seller's Agent in 2021

    Kim Hurley

    Realty One Group Results

    (336) 877-6317

    125 Total Sales

    Kim Hurley
    Section Image

  • M

    Buyer's Agent in 2021

    Mark Little

    Realty One Group Results

    (704) 437-0447

    52 Total Sales

    Mark Little
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 231981

High Country Association of REALTORS®

APN: 15314-089-006

North Carolina Ashe County West Jefferson 28694

260 Phillips Gap Rd, West Jefferson, NC

This home is located at 260 Phillips Gap Rd, West Jefferson, NC 28694 since 16 July 2021 and is currently estimated at $581,087, approximately $353 per square foot. This property was built in 2015. 260 Phillips Gap Rd is a home located in Ashe County with nearby schools including Ashe County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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