NOT LISTED FOR SALE

3058 Old Jonas Ridge Rd Newland, NC 28657

Estimated Value: $458,000

40.68 Acres
$11,259 Price per Acre
1,772,021 Sq Ft Lot

Last Sold December 21, 2012

Last sale price $162,000

Est. 183% increase in value since last sale

Current estimated payment $2,504/month

166 Days on Market

Highlights

  • Wooded Lot
  • Home fronts a stream
  • Open Lot
  • Crossnore Elementary School Rated 9+

About This Lot

As of December 2012

PRICE REDUCED..AGAIN! Foreclosed mountain top acreage tract. Over 40 acres adjoins federal government woodlands on two sides. High elevation and long range, panoramic views. Former Christmas tree and ornamental farm with good roads throughout. Fields of ornamentals in varied condition. Most of land is very gentle topo. AMAZING long range views at several sections of nearly flat land. Includes a 2000 sq.ft.+/- cinder block service garage with two bays and two sheds and a greenhouse. Creek and pond. Older mobile home in disrepair. Solar and wind potential. Sustainable energy potential with solar, wind and micro-hydro. Acreage could be used for estate, subdivision or agricultural. Tract is high elevation point in the immediate area. Spring fed pond and strong creek on property. Local electric utility is a TVA affiliate and has potential for attractive tax incentives for sustainable energy production. Bank owned. Foreclosure. AS IS. 1.24 acre outparcel within the land tract does not convey.

Last Agent to Sell the Property

Robbie Sharrett

Lyons Construction and Realty, Inc. License #78637 Listed on: 03/15/2012

Last Buyer's Agent

Robbie Sharrett

Lyons Construction and Realty, Inc. License #78637 Listed on: 03/15/2012

Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Open Lot
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 184300800564

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.81407
  • Ratio Close Price By Original Li: 0.63554
  • Ratio Current Price By Acre: 3982.30
  • Restrictions: Manufactured Home Allowed, Modular Allowed
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Schools

  • Elementary School: Crossnore
  • Middle School: Avery County
  • High School: Avery County

Lot Info

  • Lot Features: Mountain View, Long Range View, Open Lot, Stream/Creek, Views, Wooded
  • Lot Size Area: 40.680
  • Parcel Number: 184300800564
  • Zoning Specification: Resident
  • Can Be Subdivided: Yes

Tax Info

  • Tax Value: 229800.00
  • Tax Location: Avery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Dec 18, 2012
Sold by
Branch Banking And Trust Co
Bought by
Holtsclaw Lan and Johnston David
Seller's Agent
Robbie Sharrett
Lyons Construction and Realty, Inc.
Buyer's Agent
Robbie Sharrett
Lyons Construction and Realty, Inc.
List Price
$254,900
Sold Price
$162,000
Premium/Discount to List
-$92,900
-36.45%
Current Estimated Value
$458,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,000
Avg. Annual Appreciation
8.46%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Holtsclaw Lan $162,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2012 12/21/12 Sold $162,000 0.0% -- View Prior Sale
12/21/2012 12/21/12 Sold $162,000 -36.4% --
11/21/2012 11/21/12 Pending -- -- --
08/28/2012 08/28/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $254,900 +57.3% --
02/01/2012 02/01/12 For Sale $162,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $802 $200,400 $179,000 $21,400
2023 $802 $200,400 $179,000 $21,400
2022 $802 $200,400 $179,000 $21,400
2021 $762 $138,500 $113,900 $24,600
2020 $762 $138,500 $113,900 $24,600
2019 $762 $138,500 $113,900 $24,600
2018 $762 $138,500 $113,900 $24,600
2017 $788 $143,300 $0 $0
2016 $641 $143,300 $0 $0
2015 $641 $143,300 $113,900 $21,400
2012 -- $229,800 $140,600 $89,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9563438

Canopy MLS (Canopy Realtor® Association)

APN: 1843-00-80-0564-00000