NOT LISTED FOR SALE

3291 Flat Springs Rd Elk Park, NC 28622

Estimated Value: $536,000 - $2,132,956

2 Beds
2.5 Baths
1,852 Sq Ft
$731/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $1,110,000 $599 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,747/month

244 Days on Market

Highlights

  • Horse Facilities
  • Home fronts a pond
  • 108 Acre Lot
  • Barn
  • Views of Trees
  • Wood Burning Stove

About This Home

As of December 2022

Highest and Best Deadline Oct. 28 12:00 Noon. AMAZING Mountain Estate 108+/- surveyed acres with drive-able pastures, spectacular historic farmhouse, recently built timber frame style log home, large old barn, unique farm sheds, multiple creeks from the mountaintops and springs, big pond and other pond sites, at least seven ridgetop knolls on the acreage with fantastic mountain views. BIG VALLEY could be yours. Nearly 1900 sq.ft.+/- with two ensuites in the log home. So many options - Your personal mountain escape with your own hiking trails, family compound, equestrian retreat, rental properties, land development. Low traffic state maintained paved road frontage all the way through the property. Fiber optic internet. Farmhouse is awesome - so many original elements to this house from another century, yet has been lived in comfortably as second home for several years. c.1911 Farmhouse has 4 rooms functioning as BRs and two extra rooms. 2016 log home designed by Harmony Timberworks has beautiful rustic style, upscale finishes, all vaulted ceilings, peaceful vista overlooking valley and ridges. Sell off one house with a small land tract and keep the rest for yourself!

Last Agent to Sell the Property

Robbie Sharrett

Lyons Construction And Realty, Inc. Listed on: 04/07/2022

Last Buyer's Agent

Nate Wright

Hyatt In The High Country, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 2016

Lot Details

  • 108 Acre Lot
  • Home fronts a pond
  • Home fronts a stream

Property Views

  • Trees
  • Pasture
  • Mountain

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property
  • Living Quarters
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Crawl Space
  • Carbon Monoxide Detectors
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Shed
  • Outbuilding

Schools

  • Freedom Trail Elementary School
  • Cranberry Middle School
  • Avery County High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Spring water is a source of water for the property
  • Private Water Source
  • Well
  • Electric Water Heater
  • Sewer Applied For Permit
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1932006757200000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,295

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 108.0
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1852.0
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2016
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4116
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Gas Cooktop, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Living Area: 1852.0
  • Stories: 1

Exterior Features

  • View: Long Range, Mountain(s), Pasture, Trees/Woods
  • View: Yes
  • Waterfront Features: Creek, Pond, Stream
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Fire Pit, Horse Facilities, Out Building(s), Storage, Gravel Driveway
  • Other Structures: Barn(s), Living Quarters, Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Multiple
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump, Propane, Wood Stove
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Spring, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Freedom Trail
  • High School: Avery County
  • Middle Or Junior School: Cranberry

Lot Info

  • Parcel #: 1932006757200000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3295.0
  • Tax Book Number: 569/785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Dec 5, 2022
Sold by
Servisfirst Bank Inc
Bought by
Triplett Scott R and Triplett Rita
Seller's Agent
Robbie Sharrett
Lyons Construction And Realty, Inc.
Buyer's Agent
Nate Wright
Hyatt In The High Country, Inc.
List Price
$1,700,000
Sold Price
$1,110,000
Premium/Discount to List
-$590,000
-34.71%
Views
57
Current Estimated Value
$1,353,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,739
Avg. Annual Appreciation
6.84%
Original Mortgage
$425,000
Outstanding Balance
$414,593
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$914,174

Purchase Details

Closed on
Nov 3, 2021
Sold by
Stacy Dustin N
Bought by
Servisfirst Bank

Purchase Details

Closed on
Apr 26, 2016
Sold by
Reece Robert B and The Estate Of Benjamin Harvey
Bought by
Beasley Schniper Dorothy Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Triplett Scott R $1,110,000 --
Servisfirst Bank $1,183,500 None Available
Beasley Schniper Dorothy Ann $799,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triplett Scott R $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $1,110,000 0.0% $599 / Sq Ft
12/08/2022 12/08/22 Sold $1,110,000 -14.6% $379 / Sq Ft
09/07/2022 09/07/22 Price Changed $1,300,000 0.0% $443 / Sq Ft
09/07/2022 09/07/22 Price Changed $1,300,000 -13.0% $702 / Sq Ft
08/19/2022 08/19/22 Price Changed $1,495,000 0.0% $510 / Sq Ft
08/19/2022 08/19/22 Price Changed $1,495,000 -12.1% $807 / Sq Ft
04/07/2022 04/07/22 For Sale $1,700,000 0.0% $918 / Sq Ft
03/08/2022 03/08/22 For Sale $1,700,000 -- $580 / 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
2023 $4,453 $1,113,300 $597,400 $515,900
2022 $0 $1,113,300 $597,400 $515,900
2021 $3,295 $690,100 $295,100 $395,000
2020 $3,296 $690,100 $295,100 $395,000
2019 $3,285 $690,100 $295,100 $395,000
2018 $2,845 $597,200 $0 $0
2017 $1,112 $202,200 $0 $0
2016 $906 $202,200 $0 $0
2015 $906 $202,600 $158,600 $63,100
2012 -- $323,800 $237,300 $86,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 236640

High Country Association of REALTORS®

APN: 1932-00-67-5720-00000