NOT LISTED FOR SALE

2886 Phillips Gap Rd Purlear, NC 28665

Estimated Value: $948,406 - $1,503,000

3 Beds
3 Baths
4,245 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 15, 2013

Last sale price $600,000 $141 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,713/month

138 Days on Market

Highlights

  • 10.1 Acre Lot
  • Pasture Views
  • Mountain Architecture
  • West Wilkes Middle School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of July 2013

Mountain-top Log Home with huge views to match big timber quality construction. The wonderful features built into this home make it one of the premier mountain residences surrounded by nature & total privacy. Brazilian Cherry floors flow throughout. Huge window views! Light & bright living area accented with a floor to vaulted ceiling stone wood-burning fireplace. Gourmet kitchen set up to entertain. Large Master Suite with walk-out deck & cozy bathroom. Two other main level bedrooms with baths. Big bonus loft area. Over-sized 2 car garage, unfinished basement bonus room with walk-out decks. If you love nature, privacy, incredible views, The Blue Ridge Parkway, The New River, The Land to Sea Trail, The Appalachian Trail, Boone, Blowing Rock, and the Jeffersons, you are right in the middle. Property sits Next to the Blue Ridge Parkway. Please look at the Virtual Tour to really start appreciating all the features this wonderful home offers. ** THIS LISTING IS A SHORT SALE. ALL OFFERS ARE SUBJECT TO THE BANK'S APPROVAL.**

Last Agent to Sell the Property

David Thomas

RE/MAX Realty Group Listed on: 01/28/2013

RE/MAX Realty Group

Co-Listed By

David And Barbara Thomas Home Team

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,702

Year Built

  • Built in 2008

Lot Details

  • 10.1 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Wooded Lot

Parking

  • 2 Car Garage
  • Oversized Parking
  • Gravel Driveway
  • Shared Driveway

Property Views

  • Pasture
  • Mountain

Home Design

  • Mountain Architecture
  • Log Cabin
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Wilkesboro Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 3679
  • Assessor Parcel Number 0801986

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,702

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.1
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Phone: (828) 262-1990
  • Above Grade Finished Sq Ft: 2773.0
  • Architectural Style: Log Home, Mountain
  • Garage Yn: Yes
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Has Basement: Full, Other, Partially Finished, Bath/Stubbed, See Remarks, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1472.0
  • Fireplace Features: One, Other, See Remarks, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4245.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Long Range, Mountain(s), Pasture, Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Other, See Remarks, Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement, Slab
  • Patio And Porch Features: Multiple, Open
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Gravel, Other, Oversized, Private, See Remarks, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Fireplace(s), Gas, Propane, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Wilkesboro

Lot Info

  • Parcel #: 0801986
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 3701.95
  • Tax Book Number: 1032/192
  • Tax Lot: 3679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
Jul 15, 2013
Bought by
Bailey John E and Bailey Robin B
Seller's Agent
David Thomas
RE/MAX Realty Group
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$1,225,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,703
Avg. Annual Appreciation
5.87%
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bailey John E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2013 07/15/13 Sold $600,000 0.0% $141 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $600,000 -- $141 / 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 $4,404 $957,190 $37,390 $919,800
2024 $4,404 $576,930 $43,920 $533,010
2023 $3,751 $576,930 $43,920 $533,010
2022 $3,751 $576,930 $43,920 $533,010
2021 $3,751 $576,930 $43,920 $533,010
2020 $3,808 $576,930 $43,920 $533,010
2019 $380,774 $576,930 $43,920 $533,010
2018 $3,417 $510,020 $0 $0
2017 $3,417 $510,020 $0 $0
2016 $3,063 $457,200 $0 $0
2015 $3,155 $457,200 $0 $0
2014 $3,155 $457,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 176568

High Country Association of REALTORS®

APN: 0801986