NOT LISTED FOR SALE

3720 Hickory Nut Gap Rd Newland, NC 28657

Estimated Value: $603,622 - $750,000

2 Beds
3.5 Baths
2,722 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $385,000 $141 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,815/month

Highlights

  • Views of Trees
  • Cathedral Ceiling
  • Secondary Bathroom Jetted Tub
  • Banner Elk Elementary School Rated A-
  • Mountain Architecture
  • 2 Fireplaces

About This Home

As of August 2020

This wonderful home located on Hickory Nut Gap Rd. is right between Banner Elk and Newland at a cool 4270 ft. elevation!This gem doesn't look large on the outside, but there is 2722 sq. ft. of heated space! Recent remodeling over the past several years with a new kitchen with granite, entire baths, hardwood floors and tile, fireplaces, entry way, really everything! The perk is for a 2 bedroom home, but there are 2 master suites and another room that could be an office or used as an additional bedroom. The Master upstairs is large with 2 closets and a wonderful bath.The sitting area just outside the room with a comfy couch and a TV. The Master on the main level is also large with a soaking tub, double sink vanity and tiled floored bath. The adjacent room could be an office or additional sleeping area. The living room has a T & G cathedral ceiling, a direct vent propane fireplace, hardwood floors and the kitchen has new cabinets, stainless appliances and granite countertops. The stove is gas with 5 burners. Downstairs has a large den with built-ins, a pool table, gas fireplace, laundry area, a theater room currently used as a workshop, and 1/2 bath. Central heat & air, generator!

Last Agent to Sell the Property

Marsha McManus

The Summit Group Of The Carolinas Listed on: 06/14/2020

Last Buyer's Agent

Zoe Schmidinger

The Summit Group Of The Carolinas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 2004

Lot Details

  • 0.51 Acre Lot
  • Southern Exposure

Property Views

  • Trees
  • Seasonal

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Casement Windows
  • Finished Basement

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Shed
  • Wrap Around Porch

Schools

  • Banner Elk Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 19
  • Assessor Parcel Number 1847-03-04-2474-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1725.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 997.0
  • Fireplace Features: Two, Gas, Stone, Vented, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Jetted Tub
  • Living Area: 2722.0
  • Stories: 3
  • Window Features: Casement Window(s)

Exterior Features

  • View: Seasonal View, Trees/Woods, Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Modular/Prefab, Wood Siding
  • Exterior Features: Storage, Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Wrap Around
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Heat Pump, Propane
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Permit 2 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Banner Elk
  • High School: Avery County

Lot Info

  • Parcel #: 1847-03-04-2474-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1041.0
  • Tax Book Number: 477/79
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Aug 17, 2020
Sold by
Miller Kenneth M and Miller Nancy Heatwole
Bought by
Wilt Ramona B
Seller's Agent
Marsha McManus
The Summit Group Of The Carolinas
Buyer's Agent
Zoe Schmidinger
The Summit Group Of The Carolinas
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$695,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,156
Avg. Annual Appreciation
12.28%
Original Mortgage
$288,750
Outstanding Balance
$255,664
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$439,492

Purchase Details

Closed on
Jul 25, 2013
Sold by
Miller Nancy Heatwole
Bought by
Millter Nancy Heatwole and Millter Kenneth M

Purchase Details

Closed on
Jul 15, 2013
Sold by
Fannie Mae
Bought by
Miller Nancy Heatwole

Purchase Details

Closed on
Nov 30, 2012
Sold by
Barsky David L and Barsky Roberta
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Wilt Ramona B $385,000 None Available
Millter Nancy Heatwole -- None Available
Miller Nancy Heatwole -- None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilt Ramona B $288,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $385,000 0.0% $141 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $385,000 -- $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
2024 $1,564 $391,000 $31,300 $359,700
2023 $1,564 $391,000 $31,300 $359,700
2022 $1,564 $391,000 $31,300 $359,700
2021 $1,041 $189,200 $25,000 $164,200
2020 $1,041 $189,200 $25,000 $164,200
2019 $1,041 $189,200 $25,000 $164,200
2018 $1,041 $189,200 $25,000 $164,200
2017 $947 $172,200 $0 $0
2016 $770 $172,200 $0 $0
2015 $770 $172,200 $10,000 $162,200
2012 -- $216,100 $20,000 $196,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 222441

High Country Association of REALTORS®

APN: 1847-03-04-2474-00000