NOT LISTED FOR SALE

40 Cherry Ridge Rd Pisgah Forest, NC 28768

Estimated Value: $207,000 - $420,921

2 Beds
2 Baths
1,787 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $210,000 $118 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,882/month

175 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Laundry Room
  • Deck
  • Front Porch
  • Tile Flooring

About This Home

As of January 2024

House has lots of living space, with a bonus room and flex room, in addition to the two bedrooms and two bathrooms! Tons of potential for extra living space - family room, office, etc. Great location, close to town, Pisgah Forest, biking and hiking, and the bike path! Located in the desirable Knob Creek neighborhood! Enjoy wooded mountain views off the back and side deck. Ideally located just a 5 minute drive to downtown Brevard. Family room, flex room, bathroom, laundry, and unfinished storage area in basement. Updated main bath and kitchen. New roof and gutters in 2021, and updated plumbing in 2021. Motivated seller.

Last Agent to Sell the Property

Alex Ivers

Looking Glass Realty Brokerage Email: Alex@LookingGlassRealty.com License #286559 Listed on: 06/29/2023

Last Buyer's Agent

Alex Ivers

Looking Glass Realty Brokerage Email: Alex@LookingGlassRealty.com License #286559 Listed on: 06/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 1975

Lot Details

  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Basement Storage

Parking

  • Garage
  • Basement Garage
  • Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Heat Pump System
  • Community Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Knob Creek Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 8595-46-3105-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,088

Year Built

Built in 1975

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1975
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 117.52
  • Geocode Confidence: High
  • Attribution Contact: Alex@LookingGlassRealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Storage
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1032
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 298
  • Sq Ft Unheated Total: 298
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1032
  • Has Basement: Basement Garage Door, Bath/Stubbed, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 755
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1787
  • Bedroom Main: 2
  • Room Count: 11
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Winter, Year Round
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Wood
  • Patio And Porch Features: Deck, Front Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Utility Room, Laundry Room
  • Cooling: Heat Pump
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 600.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Wooded, Views
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Parcel Number: 8595-46-3105-000
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: none

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Worthen Jessica and Worthen Joshua
Bought by
296 Summer Rain Llc
Current Estimated Value
$321,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$228,747
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$93,233

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jan 5, 2024
Sold by
Dinh Tammy Hong
Bought by
Worthen Jessica and Worthen Joshua
Seller's Agent
Alex Ivers
Looking Glass Realty
Buyer's Agent
Alex Ivers
Looking Glass Realty
List Price
$338,000
Sold Price
$210,000
Premium/Discount to List
-$128,000
-37.87%
Views
506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.36%
Original Mortgage
$229,798
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 12, 2020
Sold by
Jamie Jamie R R
Bought by
Dinh Tammy Hong
Seller's Agent
Karla Marie Bertlshofer
Hummingbird Ridge LLC
Buyer's Agent
Alex Ivers
Looking Glass Realty
List Price
$199,900
Sold Price
$197,250
Premium/Discount to List
-$2,650
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$187,387
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 24, 2019
Sold by
Cole Harriet D and Cole John M
Bought by
Mccandless Jamie R
Seller's Agent
Duke Parrish
Norma Clayton Realty
Buyer's Agent
Karla Marie Bertlshofer
Hummingbird Ridge LLC
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.10%
Original Mortgage
$127,645
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1977
Bought by
Cole John M and Cole Harriet D
Source: Public Records

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
296 Summer Rain Llc -- None Listed On Document
Worthen Jessica $210,000 None Listed On Document
Worthen Jessica $210,000 None Listed On Document
Dinh Tammy Hong $197,500 None Available
Mccandless Jamie R $130,000 None Available
Cole John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 296 Summer Rain Llc $232,000
Previous Owner Worthen Jessica $229,798
Previous Owner Dinh Tammy Hong $187,387
Previous Owner Mccandless Jamie R $127,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $210,000 -16.0% $118 / Sq Ft
11/13/2023 11/13/23 Price Changed $250,000 -5.7% $140 / Sq Ft
10/12/2023 10/12/23 Price Changed $265,000 -5.4% $148 / Sq Ft
08/25/2023 08/25/23 Price Changed $280,000 -6.7% $157 / Sq Ft
08/07/2023 08/07/23 Price Changed $300,000 -7.7% $168 / Sq Ft
07/17/2023 07/17/23 Price Changed $325,000 -3.8% $182 / Sq Ft
06/29/2023 06/29/23 For Sale $338,000 +71.4% $189 / Sq Ft
08/13/2020 08/13/20 Sold $197,250 -1.3% $107 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $199,900 +53.8% $108 / Sq Ft
07/02/2019 07/02/19 Sold $130,000 +4.0% $70 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/20/2019 05/20/19 Price Changed $125,000 -19.4% $67 / Sq Ft
05/09/2019 05/09/19 For Sale $155,000 -- $84 / Sq Ft
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
2025 $1,088 $226,400 $40,000 $186,400
2024 $1,179 $179,050 $30,000 $149,050
2023 $1,179 $179,050 $30,000 $149,050
2022 $1,179 $179,050 $30,000 $149,050
2021 $1,170 $179,050 $30,000 $149,050
2020 $832 $119,510 $0 $0
2019 $826 $119,510 $0 $0
2018 $676 $119,510 $0 $0
2017 $676 $119,510 $0 $0
2016 $658 $119,510 $0 $0
2015 $474 $112,450 $22,500 $89,950
2014 $474 $112,450 $22,500 $89,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4045046

Canopy MLS (Canopy Realtor® Association)

APN: 8595-46-3105-000