M
Seller's Agent in 2017
Martha R Rice
Coldwell Banker Blair & Assoc
270 Bentley Rd Sugar Grove, NC 28679
Estimated Value: $680,000 - $822,000
3
Beds
2
Baths
1,546
Sq Ft
$491/Sq Ft
Est. Value
Highlights
- Spa
- River View
- Wooded Lot
- Valle Crucis Elementary School Rated A-
- 6.95 Acre Lot
- Covered Patio or Porch
About This Home
As of August 2017Enjoy two log cabins on 6.95 acres with long range views and the sounds of two beautiful streams! As you enter the property, cross a bridge over one bold stream, with small waterfalls and adjacent gazebo. Privately tucked into wooded hillside, the main house has 3 bedrooms, 2 baths, fully equipped kitchen with adjacent dining room. Large wood-burning fire place dominates vaulted great room. Listen to the sounds of the bold streams and observe the long-range views, as you lounge and enjoy meals on large covered porch (12'W-32'L). In addition, a 2nd guest log cabin, (343 SF), complete with its own deck overlooking another stream. Another wood-burning fire place, vaulted ceiling, kitchen, bath, and loft bedroom. Nestled in between the two cabins is a large hot tub. Plenty of private woods to hike, close proximity to The Mast General Store, the Valle Crucis Park, and several local restaurants has made these cabins a FANTASTIC vacation rental. The past two years have averaged annual rental income in the mid-$41,000.
Last Agent to Sell the Property
Martha R Rice
Coldwell Banker Blair & Assoc Listed on: 04/20/2016
Last Buyer's Agent
Martha R Rice
Coldwell Banker Blair & Assoc Listed on: 04/20/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,690
Year Built
- Built in 1992
Lot Details
- 6.95 Acre Lot
- Home fronts a stream
- Property fronts a private road
- Wooded Lot
Property Views
- River
- Peek-A-Boo
- Mountain
Home Design
- Log Cabin
- Metal Roof
- Log Siding
Interior Spaces
- 1,546 Sq Ft Home
- Wood Burning Fireplace
- Double Pane Windows
- Crawl Space
Kitchen
- Electric Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- No Garage
- Private Parking
- Gravel Driveway
Outdoor Features
- Spa
- Covered Patio or Porch
Schools
- Valle Crucis Elementary School
Utilities
- Heat Pump System
- Radiant Heating System
- Baseboard Heating
- Private Water Source
- Well
- Electric Water Heater
- Private Sewer
- High Speed Internet
Listing and Financial Details
- Short Term Rentals Allowed
- Long Term Rental Allowed
- Assessor Parcel Number 1971417685000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 22, 2018
Sold by
Church Ralph F and Church Amy M
Bought by
Gardner James C
Current Estimated Value
Purchase Details
Listed on
Apr 20, 2016
Closed on
Jul 27, 2017
Sold by
Timber Creek Cabin Llc
Bought by
Gardner James C
Seller's Agent
Martha R Rice
Coldwell Banker Blair & Assoc
Buyer's Agent
Martha R Rice
Coldwell Banker Blair & Assoc
List Price
$370,000
Sold Price
$370,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Purchase Details
Closed on
Dec 15, 2011
Sold by
Ricci Wesley M and Plumb Ashiley Brooks
Bought by
Timber Creek Cabin Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 8, 2007
Sold by
Patrone Jody Johnson and Buss Randall
Bought by
Ricci Brian M and Measamer Wesley M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.32%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gardner James C | $30,000 | None Available | |
| Gardner James C | $370,000 | None Available | |
| Timber Creek Cabin Llc | $196,500 | None Available | |
| Ricci Brian M | $5,650,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Timber Creek Cabin Llc | $400,000 | |
| Previous Owner | Ricci Brian M | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2017 08/01/17 | Sold | $370,000 | 0.0% | $239 / Sq Ft |
| 07/02/2017 07/02/17 | Pending | -- | -- | -- |
| 04/20/2016 04/20/16 | For Sale | $370,000 | -- | $239 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $1,855 | $448,200 | $110,900 | $337,300 |
| 2023 | $1,809 | $448,200 | $110,900 | $337,300 |
| 2022 | $1,809 | $448,200 | $110,900 | $337,300 |
| 2021 | $2,069 | $421,500 | $123,200 | $298,300 |
| 2020 | $2,069 | $421,500 | $123,200 | $298,300 |
| 2019 | $2,069 | $421,500 | $123,200 | $298,300 |
| 2018 | $1,859 | $421,500 | $123,200 | $298,300 |
| 2017 | $1,859 | $421,500 | $123,200 | $298,300 |
| 2013 | -- | $410,600 | $123,200 | $287,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: High Country Association of REALTORS®
MLS Number: 39201041
APN: 1971-41-7685-000
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.
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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