NOT LISTED FOR SALE

476 Rivers Edge Rd Jefferson, NC 28640

Estimated Value: $827,000 - $872,000

4 Beds
4 Baths
3,261 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $800,000 $245 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,681/month

58 Days on Market

Highlights

  • River Access
  • River View
  • Contemporary Architecture
  • Spa
  • 2.11 Acre Lot
  • Stream or River on Lot

About This Home

As of September 2023

RIVERFRONT property with flat laying yard, just waiting for the new owners. Fish, Swim, Float, or Boat in your own backyard, Perfect location just on the outskirts of Jefferson with tremendous rental potential on the New River, come sit by the campfire, float/tube the river, or just relax in the hot tub while enjoying the scenic beauty of the New River and the outdoor that surrounds you. 4 bedrooms with sleeping capabilities of 10 or more. Several upgrades recently new paint, a new master shower, and numerous other upgrades. Just around the corner to Jefferson Landing where you and your guest can enjoy a 5-star golf course and also enjoy downtown shopping, art galleries, breweries, and dining in West Jefferson. Over 190ft of river frontage with the ability to launch your canoe right in front of your house or float on those hot summer days. The current owners do not rent, however the previous owners had over 40,000 in income from this home being a rental property.

Last Agent to Sell the Property

Andrea B Reeves

Regency Properties Brokerage Phone: 336-246-2307 Listed on: 07/17/2023

Last Buyer's Agent

Justin Hackler

Boone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1991

Lot Details

  • 2.11 Acre Lot
  • River Front
  • Property fronts a private road

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Driveway

Property Views

  • River
  • Mountain

Home Design

  • Contemporary Architecture
  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Casement Windows
  • Attic

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Spa
  • River Access
  • Stream or River on Lot
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Storage
  • Outbuilding

Schools

  • Mountain View Elementary School
  • Ashe County Middle School
  • Ashe County High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Water Heater
  • Sewer Applied For Permit
  • High Speed Internet

Community Details

  • New River Estates Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 1,2,8,9
  • Assessor Parcel Number 09302240001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,137

Year Built

Built in 1991

Lot Details

0

HOA Fees

$17 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.11
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: New River Estates
  • Above Grade Finished Sq Ft: 2053.0
  • Architectural Style: Contemporary, Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1991
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 336-246-2307
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer, Water Heater
  • Has Basement: Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1208.0
  • Fireplace Features: One, Gas, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Wet Bar, Hot Tub/Spa, Vaulted Ceiling(s), Window Treatments
  • Living Area: 3261.0
  • Stories: 2
  • Window Features: Casement Window(s), Double Hung, Double Pane Windows, Window Treatments

Exterior Features

  • View: Mountain(s), River
  • View: Yes
  • Waterfront Features: River Front, River Access
  • Home Warranty: No
  • Construction Type: Stone, Vinyl Siding, Wood Frame
  • Exterior Features: Fire Pit, Hot Tub/Spa, Out Building(s), Storage, Paved Driveway
  • Foundation Details: Basement
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Attached, Basement, Driveway, Garage, One Car Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Basement
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom, Sewer Applied for Permit
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: River, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Mountain View
  • High School: Ashe County
  • Middle Or Junior School: Ashe County

Lot Info

  • Parcel #: 09302240001
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2137.0
  • Tax Book Number: 281/797
  • Tax Lot: 1,2,8,9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Sep 14, 2023
Sold by
Walker Billie Jo Woodie and Walker Jody Franklin
Bought by
Vrr Ventures Llc
Seller's Agent
Andrea B Reeves
Regency Properties
Buyer's Agent
Justin Hackler
Boone Realty
List Price
$849,000
Sold Price
$800,000
Premium/Discount to List
-$49,000
-5.77%
Views
31
Current Estimated Value
$846,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,890
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Nov 3, 2022
Sold by
H & M Holdings Of Ashe County Llc
Bought by
Walker Billie Jo Woodie

Purchase Details

Closed on
Jul 11, 2018
Sold by
Hurley Benjamin G and Hurley Grier J
Bought by
H & M Holdings Of Ashe Cnty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vrr Ventures Llc $800,000 None Listed On Document
Vrr Ventures Llc $800,000 None Listed On Document
Walker Billie Jo Woodie $750,000 --
H & M Holdings Of Ashe Cnty $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner H & M Holdings Of Ashe Cnty $326,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $800,000 -5.8% $245 / Sq Ft
07/17/2023 07/17/23 For Sale $849,000 -- $260 / 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 $2,883 $573,100 $60,000 $513,100
2024 $2,721 $575,200 $60,000 $515,200
2023 $2,683 $567,200 $60,000 $507,200
2022 $2,137 $368,700 $60,000 $308,700
2021 $2,137 $368,700 $60,000 $308,700
2020 $1,890 $368,700 $60,000 $308,700
2019 $1,852 $368,700 $60,000 $308,700
2018 $0 $375,900 $60,000 $315,900
2016 $1,867 $375,900 $60,000 $315,900
2015 $1,825 $375,900 $60,000 $315,900
2014 $1,825 $395,100 $60,000 $335,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 244715

High Country Association of REALTORS®

APN: 09302-240-001