NOT LISTED FOR SALE

3045 Russell Gap Rd Moravian Falls, NC 28654

Estimated Value: $323,000 - $748,996

3 Beds
2.5 Baths
2,400 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $337,500 $141 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,000/month

88 Days on Market

Highlights

  • 38 Acre Lot
  • Wood Flooring
  • Porch
  • Wooded Lot
  • No HOA
  • Attached Garage

About This Home

As of July 2017

Custom built mountain home for sale in Wilkes County, NC 3 bed/ 2.5 bath home located in Moravian Falls Community. This 38 ac unrestricted tract of land has a stocked (spring fed) pond, used for swimming and a variety of fruit trees & gardening spots found throughout. Home features hickory cabinets, granite countertops, two story gas fireplace and so much more! Home has an elevator shaft, elevator could easily be added. 3 separate heating/cooling zones makes this house super energy efficient. Spring Fed w

NONMEMBER NONMEMBER

Listed on: 03/30/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 2005

Lot Details

  • 38 Acre Lot
  • Property fronts a private road
  • Wooded Lot

Home Design

  • Tar and Gravel Roof

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • No Garage

Outdoor Features

  • Porch

Schools

  • Central Wilkes Middle School
  • Wilkes Central High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0302517

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,342

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 38
  • Lot Size: 38
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: WWARDP01
  • Co List Office Phone: 336-667-1719
  • Subdivision Name: N/A
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Water Heater
  • Flooring: Laminate, See Remarks, Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log

Exterior Features

  • Lot Features: Wooded

Garage/Parking

  • Parking Features: Attached, No Garage
  • Garage Description: Attached Garage, None

Utilities

  • Sewer: Septic Tank
  • Security: Security System, Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Moravian Falls
  • High School: Wilkes Central
  • Middle Or Junior School: Central Wilkes

Lot Info

  • Parcel #: 0302517
  • TRIADMLS_AcresRange: 34-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jul 13, 2017
Sold by
Frame Steve and Frame Georgia
Bought by
Bailey Eric A
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$349,900
Sold Price
$337,500
Premium/Discount to List
-$12,400
-3.54%
Total Days on Market
88
Current Estimated Value
$460,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,499
Avg. Annual Appreciation
6.57%
Original Mortgage
$337,500
Outstanding Balance
$286,578
Interest Rate
3.91%
Mortgage Type
VA
Estimated Equity
$267,540

Purchase Details

Closed on
Jan 25, 2013
Bought by
Frame Steve and Frame Georgia

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
Frame Steve -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $337,500 -3.5% $141 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $349,900 -- $146 / 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 $5,342 $391,880 $121,700 $270,180
2023 $2,631 $391,880 $121,700 $270,180
2022 $2,972 $391,880 $121,700 $270,180
2021 $2,972 $391,880 $121,700 $270,180
2020 $3,017 $391,880 $121,700 $270,180
2019 $301,748 $391,880 $121,700 $270,180
2018 $2,825 $362,200 $0 $0
2017 $2,825 $362,190 $0 $0
2016 $2,789 $362,190 $0 $0
2015 $2,861 $362,190 $0 $0
2014 $2,861 $362,190 $0 $0
Source: Public Records

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Source: Triad MLS

MLS Number: K63145

Triad MLS

APN: 0302517