NOT LISTED FOR SALE

2876 Elk Ridge Rd Ferguson, NC 28624

Estimated Value: $901,000 - $2,072,000

3 Beds
3.5 Baths
4,034 Sq Ft
$380/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $1,250,000 $310 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,247/month

214 Days on Market

Highlights

  • Guest House
  • Horse Facilities
  • Barn
  • West Wilkes Middle School Rated A-
  • Equestrian Center
  • Home fronts a pond

About This Home

As of March 2021

Sacred Ground is an exquisite modern lodge in Leatherwood Mountains, and provides the perfect mountain home, both for you and your horses. This ultimate equestrian estate rests on 20.61 acres, with absolutely breathtaking views as far as the eye can see!! Complete with 3 bedrooms 3.5 bath main house featuring a quiet meditation and yoga loft with long-range views and a generously sized game room on the lower level. Sacred Ground is centered around a 19’ stone fireplace on the main level, with an open floor plan leading into the modern professional kitchen area. Horseback riders will find everything they need on the top of the mountain without ever leaving the property. Bed down your horses after an all day ride in the 3000 square ft. 8 stall barn with wash pit and tack room. Turnouts include 3 large fenced pastures, a round pen, and over 3 acres of manicured landscaping. Saddle up and ride from the estate onto the adjacent Leatherwood trail system, which spans approximately 50 miles spread out over 4500 acres of pristine mountain wilderness. Schedule a time to come and see this amazing property today!

Last Agent to Sell the Property

Trevor Whitson

Leatherwood Mountains Homes & Sales, Llc. Listed on: 07/10/2020

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,936

Year Built

  • Built in 2003

Lot Details

  • 20.61 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as Residential,Subdivision

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1-Story Property
  • Wired For Sound
  • Vaulted Ceiling
  • Stone Fireplace
  • Propane Fireplace
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Screened Patio
  • Outbuilding
  • Porch

Schools

  • Boomer-Ferguson Elementary School
  • Wilkes Central High School

Farming

  • Barn
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Private Sewer

Additional Features

  • Guest House
  • Equestrian Center

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 0701836

Community Details

Overview

  • Leatherwood Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Horse Facilities

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,936

Year Built

Built in 2003

Lot Details

0

HOA Fees

$139 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 20.61
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Leatherwood
  • Above Grade Finished Sq Ft: 2240.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1794.0
  • Fireplace Features: Stone, Propane
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Wired for Sound
  • Living Area: 4034.0
  • Stories: 1

Exterior Features

  • Lot Features: Pasture, Wooded
  • Pool Features: Community
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Horse Facilities, Out Building(s), Paved Driveway
  • Foundation Details: Basement
  • Other Structures: Barn(s), Guest House, Outbuilding
  • Patio And Porch Features: Multiple, Screened
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Paved, Private

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Community, Gated, Pool, Tennis Court(s), Short Term Rental Allowed
  • Association Fee: 1664.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Boomer-Ferguson
  • High School: Wilkes Central

Lot Info

  • Parcel #: 0701836
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6936.0
  • Tax Book Number: 1032/0180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Mar 10, 2021
Sold by
Kostur Kristan J
Bought by
Weir John and Weir Jacqueline Louise
Seller's Agent
Trevor Whitson
Leatherwood Mountains Homes & Sales, Llc.
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,533,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,346
Avg. Annual Appreciation
4.33%
Original Mortgage
$875,000
Outstanding Balance
$779,011
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$754,335

Purchase Details

Closed on
Feb 14, 2007
Bought by
Kostur Kristan J and Lurz Susan L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Weir John $1,250,000 Logsdon & Neece Pllc
Kostur Kristan J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weir John $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $1,250,000 0.0% $310 / Sq Ft
03/12/2021 03/12/21 Sold $1,250,000 0.0% $314 / Sq Ft View Prior Sale
02/11/2021 02/11/21 Pending -- -- --
02/10/2021 02/10/21 Pending -- -- --
07/10/2020 07/10/20 For Sale $1,250,000 0.0% $310 / Sq Ft
06/19/2020 06/19/20 For Sale $1,250,000 -- $314 / 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 $14,032 $923,150 $306,860 $616,290
2023 $6,911 $923,150 $306,860 $616,290
2022 $6,911 $923,150 $306,860 $616,290
2021 $6,936 $912,610 $306,860 $605,750
2020 $6,936 $912,610 $306,860 $605,750
2019 $693,584 $912,610 $306,860 $605,750
2018 $0 $900,770 $0 $0
2017 $6,936 $900,770 $0 $0
2016 $6,936 $900,770 $0 $0
2015 $7,116 $900,770 $0 $0
2014 $7,116 $900,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 223046

High Country Association of REALTORS®

APN: 0701836