NOT LISTED FOR SALE

388 Elite Ridge Rd Brevard, NC 28712

Estimated Value: $954,000 - $1,261,000

3 Beds
3.5 Baths
2,100 Sq Ft
$501/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2017

Last sale price $535,000 $255 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,122 / mo

1 Day on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Vaulted Ceiling
  • Community Lake
  • Wooded Lot
  • Wood Flooring

About This Home

As of January 2017

The perfect mountain getaway-unbelievably quaint and rustic, all on one level, updated and extensively remodeled, and a Blue Ridge Parkway long range view! The layout is very desirable with a split bedroom plan and 2 master bedrooms. Each guest has ample privacy. The cabinetry is handcrafted by a well-known local artist. Lots of wood paneling, poplar bark touches, and beautiful stonework. Great community with lake access for fishing, swimming, and canoeing & three great outdoor covered porches!

Last Agent to Sell the Property

Demi Loftis

Looking Glass Realty License #236047 Listed on: 11/15/2016

Last Buyer's Agent

Demi Loftis

Looking Glass Realty License #236047 Listed on: 11/15/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 233x989x219x891
  • Home fronts a stream
  • Wooded Lot

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 8593-45-3568-000

Community Details

Overview

  • Billy Cate Association, Phone Number (803) 353-8189
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

5.4 Acres

HOA Fees

$41 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Rustic
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97450
  • Ratio Close Price By Original Li: 0.97450
  • Ratio Current Price By Acre: 99074.07
  • Ratio Current Price By Sq Ft: 254.76
  • Year Built: 1975
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer, Electric Oven
  • Fireplace Description: Great Room, Primary Bedroom, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 803-353-8189
  • Interior Amenities: Basement Shop, Open Floorplan, Pantry, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Basement, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2100
  • Total Sq Ft: 2100
  • Sq Ft Unheated Basement: 350
  • Sq Ft Unheated Total: 350

Exterior Features

  • Construction: Cedar Shake, Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Lake, Playground, Walking Trails
  • Association Fee: 495.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Billy Cate

Lot Info

  • Lot Dimension: 233X989X219X891
  • Lot Features: Long Range View, Sloping, Stream/Creek, Wooded, Year Round View
  • Parcel Number: 8593-45-3568-000
  • Zoning: Residential

Tax Info

  • Tax Value: 401600.00
  • Tax Amount Ncm: 2322.00
  • Tax Location: Brevard

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Bought by
Current Estimated Value
$1,051,191

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jan 6, 2017
Sold by
Bought by
Seller's Agent
Demi Loftis
Looking Glass Realty
Buyer's Agent
Demi Loftis
Looking Glass Realty
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$417,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$59,000 Jordan Donald E
$59,000 Jordan Donald E
$535,000 None Available
$350,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $417,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2017 01/10/17 Sold $535,000 -2.6% $255 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $549,000 -- $261 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,970 $1,034,310 $187,580 $846,730
2024 $3,902 $592,800 $165,740 $427,060
2023 $3,902 $592,800 $165,740 $427,060
2022 $3,902 $592,800 $165,740 $427,060
2021 $3,873 $592,800 $165,740 $427,060
2020 $2,973 $427,150 $0 $0
2019 $2,952 $427,150 $0 $0
2018 $2,539 $427,150 $0 $0
2017 $2,360 $401,600 $0 $0
2016 $2,322 $401,600 $0 $0
2015 $2,007 $464,120 $132,100 $332,020
2014 $2,007 $449,960 $132,100 $317,860
Source: Public Records

Agents Affiliated with this Home

  • Demi Loftis

    Seller's Agent in 2017

    Demi Loftis

    Looking Glass Realty

    (828) 553-8192

    25 in this area

    34 Total Sales

    Demi Loftis
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Map

Source: Canopy MLS

MLS Number: CAR3230994

Canopy MLS

APN: 8593-45-3568-000

North Carolina Transylvania County Brevard 28712

388 Elite Ridge Rd, Brevard, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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