$164,000
SOLD SEP 27, 2012

40 Ollis Ridge Ln Elk Park, NC 28622

3 Beds
3.5 Baths
2,910 Sq Ft
0.41 Acres

Recently Sold

$56 Per Sq Ft

148 Days on Market

Highlights

  • Mountain View
  • 1 Fireplace
  • Double Pane Windows
  • Mountain Architecture
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of December 2021

Beautiful 3 bedroom 3.5 bath home with nice mountain views. Has fresh paint inside and new cooktop, wall oven and dishwasher.

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 2005

Parking

  • 1 Car Garage
  • Basement Garage
  • Private Parking
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Double Pane Windows
  • Mountain Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Freedom Trail Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Covered patio or porch
  • 0.41 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1819-00-74-5533-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,171

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Above Grade Finished Sq Ft: 2130.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Electric Range, Electric Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 780.0
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2910.0
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Garage, One Car Garage, Gravel, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Schools

  • Elementary School: Freedom Trail

Lot Info

  • Parcel #: 1819-00-74-5533-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1171.0
  • Tax Book Number: 460/174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 1, 2021
Sold by
Gates Michael Andrew and Gates Sarah Emily
Bought by
Gibbs Camille Atkinson
Seller's Agent
Jessica Wynne Vogel
Carolinas Advantage Real Estate
Buyer's Agent
Non Member
Canopy Administration
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$380,000
Outstanding Balance
$351,558
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$278,045

Purchase Details

Listed on
Apr 2, 2012
Closed on
Sep 8, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gates Michael Andrew and Gates Sarah Emily
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$164,000
Sold Price
$164,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%
Original Mortgage
$169,897
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2011
Sold by
U S Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 3, 2011
Sold by
Painter Andrew and Painter Jeannie
Bought by
U S Bank N A
Source: Public Records

Similar Home in Elk Park, NC

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    • 1.5 Baths
    • 1,120 Sq Ft
    • 803 Sam Eller Rd
    • Elk Park, NC

    Multiple Offers. Deadline for highest and best offer is 4/29/25 1:00 P.M. CST. Mountain top location with long range views and cool summer breezes near Banner Elk. 3 BR, 1.5 BA cottage rests on high ridge at 3600 ft. elevation. Under two acres in lovely country setting. Paved state road frontage. Not in subdivision - no restrictions. Private well. Full, unfinished basement has 1 car garage and

    Robbie Sharrett Lyons Construction And Realty, Inc.

    Section Image

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 Type Sale Price Title Company
Warranty Deed $475,000 None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Quit Claim Deed -- None Available
Trustee Deed $229,281 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $210,050 New Conventional
Previous Owner $22,000 Unknown
Previous Owner $169,897 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $13,264 Unknown
Previous Owner $220,000 New Conventional
Previous Owner $41,459 Unknown
Previous Owner $179,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $649,900 -3.7% $187 / Sq Ft
06/09/2025 06/09/25 For Sale $675,000 +42.1% $195 / Sq Ft
12/01/2021 12/01/21 Sold $475,000 0.0% $163 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $475,000 +189.6% $163 / Sq Ft
09/27/2012 09/27/12 Sold $164,000 0.0% $56 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $164,000 -- $56 / 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 $1,900 $474,900 $4,500 $470,400
2022 $0 $474,900 $4,500 $470,400
2021 $1,200 $218,200 $3,400 $214,800
2020 $1,200 $218,200 $3,400 $214,800
2019 $1,200 $218,200 $3,400 $214,800
2018 $1,200 $218,200 $3,400 $214,800
2017 $1,251 $227,400 $0 $0
2016 $1,017 $227,400 $0 $0
2015 $1,017 $227,400 $3,400 $224,000
2012 -- $316,300 $4,500 $311,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 171732

High Country Association of REALTORS®

APN: 1819-00-74-5533-00000