NOT LISTED FOR SALE

431 Rachel Way Piney Creek, NC 28663

Estimated Value: $354,000 - $444,000

3 Beds
2 Baths
1,140 Sq Ft
$347/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $360,000 $316 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,302/month

24 Days on Market

Highlights

  • 24-Hour Security
  • Views of Trees
  • Vaulted Ceiling
  • Gated Community
  • Stream or River on Lot
  • Covered Patio or Porch

About This Home

As of October 2022

Cozy log cabin in Two River Country gated community in the gorgeous North Carolina Mountains. This 3/2 home offers a spacious living area with vaulted ceilings and is being partially furnished.
The basement is partially finished and already framed and plumbed, when complete will add an additional 770 SQFT. You can enjoy beautiful mountain views and sighting of plentiful wildlife from any of the covered decks this house has to offer.
The community also offers river access and multiple common areas for residents to enjoy while taking in the beautiful nature all around.

Last Agent to Sell the Property

ibis Viera

Foxfire Realty Listed on: 08/05/2022

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 2005

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property

HOA Fees

  • $40 Monthly HOA Fees

Property Views

  • Trees
  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stone

Interior Spaces

  • 1,140 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Pineycreek Elementary School
  • Alleghany High School

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Cooling
  • Heat Pump System
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 41
  • Assessor Parcel Number 3012133650

Community Details

Overview

  • Otherseeremarks Subdivision

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 2005

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: OtherSeeRemarks
  • Above Grade Finished Sq Ft: 1140.0
  • Architectural Style: Log Home
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1140.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • View: Long Range, Mountain(s), Residential, Seasonal View, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Log Siding, Stone
  • Exterior Features: Fence, Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Laundry Features: In Basement
  • Security: 24 Hour Security
  • Cooling: Heat Pump, 1 Unit, Zoned
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Gated, River, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 475.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: PineyCreek
  • High School: Alleghany

Lot Info

  • Parcel #: 3012133650
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1226.65
  • Tax Book Number: 245/990
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 12, 2022
Sold by
Eguizabal Luis Eduardo and Eguizabal Melba
Bought by
Diaz Ricardo
Seller's Agent
ibis Viera
Foxfire Realty
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%
Current Estimated Value
$395,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,377
Avg. Annual Appreciation
3.31%
Original Mortgage
$324,000
Outstanding Balance
$311,343
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$84,034
Source: Public Records

Range of Values:

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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
Diaz Ricardo $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Ricardo $324,000
Previous Owner Eguizabai Luis Eduardo $109,309
Previous Owner Equizabal Luis Eduardo $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $360,000 -2.4% $316 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $369,000 -- $324 / 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
2025 $1,344 $189,700 $26,000 $163,700
2024 $1,344 $189,700 $26,000 $163,700
2023 $1,344 $189,700 $26,000 $163,700
2022 $1,252 $175,600 $26,000 $149,600
2021 $1,227 $175,600 $26,000 $149,600
2020 $1,329 $191,500 $35,000 $156,500
2019 $1,241 $191,500 $35,000 $156,500
2018 $1,123 $191,500 $35,000 $156,500
2017 $1,051 $191,500 $35,000 $156,500
2016 $1,051 $191,500 $35,000 $156,500
2015 $1,030 $191,500 $35,000 $156,500
2014 $958 $191,100 $36,000 $155,100
2013 -- $191,100 $36,000 $155,100
Source: Public Records

Agents Affiliated with this Home

  • i

    Seller's Agent in 2022

    ibis Viera

    Foxfire Realty

  • N

    Buyer's Agent in 2022

    NONMLS MEMBER

    NONMLS

    2,473 Total Sales

    NONMLS MEMBER
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Map

Source: High Country Association of REALTORS®

MLS Number: 239137

High Country Association of REALTORS®

APN: 3012133650

North Carolina Alleghany County Piney Creek 28663

431 Rachel Way, Piney Creek, NC

This home is located at 431 Rachel Way, Piney Creek, NC 28663 since 05 August 2022 and is currently estimated at $395,377, approximately $346 per square foot. This property was built in 2005. 431 Rachel Way is a home located in Alleghany County with nearby schools including Alleghany High School.

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.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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