NOT LISTED FOR SALE

497 Ontario Ridge Boone, NC 28607

Estimated Value: $1,144,000 - $2,176,000

4 Beds
4.5 Baths
3,772 Sq Ft
$388/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $928,000 $246 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,340/month

156 Days on Market

Highlights

  • River Access
  • Spa
  • 4.53 Acre Lot
  • Valle Crucis Elementary School Rated A-
  • Gated Community
  • Mountain View

About This Home

As of October 2014

Exquisite Mountain Estate in exclusive Twin Rivers - a private gated community. Unsurpassed FLY FISHING! Almost 5 acres with VIEWS, sound of the river and wonderful privacy. Quality abounds throughout the design, open floor plan and finishes. Level entry, floor-to-ceiling stacked stone wood burning fireplace w/ gas starter. Gourmet kitchen with honed granite tops,custom Pecky Cypress cabinetry, stainless appliances, wine cooler & warming drawer. Master on main level w/ wood burning/gas logs fireplace. Heated floor and travertine counter tops in master bath. Slate floor in sunroom & mudroom. Bright sunroom. Australian cypress floors. 2 spacious guest suites & private study upstairs. Guest house above garage boasts living area, kitchenette & bedroom suite. Listen to Boone Fork Creek & enjoy the Views of Rich Mtn. & Price Park from the deck with outdoor hot tub. Integrated generator, instant hot water, filtered water system and security system are only a few of the special features offered by this magnificent home. Create your own landscaping to complement the property. View Control.

Last Agent to Sell the Property

Gwen Steele

Premier Sotheby's Int'l Realty Listed on: 04/24/2014

Premier Sotheby's Int'l Realty

Co-Listed By

Rob Garrett

Premier Sotheby's Int'l Realty

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,132

Year Built

  • Built in 2005

Lot Details

  • 4.53 Acre Lot
  • Home fronts a stream
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Seasonal

Home Design

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

Interior Spaces

  • 3,772 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Built-In Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • River Access
  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • 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 216R
  • Assessor Parcel Number 1888-77-9140-000

Community Details

Overview

  • Twin Rivers Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,132

Year Built

Built in 2005

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.53
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 274
  • Co List Office Phone: (828) 295-0776
  • Subdivision Name: Twin Rivers
  • Above Grade Finished Sq Ft: 3772.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Two, Gas, Stone, Vented, Propane, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3772.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Long Range, Mountain(s), Seasonal View
  • View: Yes
  • Waterfront Features: Creek, River Access, Stream
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Hot Tub/Spa
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Other, See Remarks

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • 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: 1150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1888-77-9140-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3132.0
  • Tax Book Number: 535/128
  • Tax Lot: 216R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2014
Closed on
Oct 20, 2014
Sold by
Hosea Robert H and Hosea Mary B
Bought by
Ranson L Russell and Ranson Anne Hobbs
Seller's Agent
Gwen Steele
Premier Sotheby's Int'l Realty
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$928,000
Sold Price
$928,000
Current Estimated Value
$1,462,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,302
Avg. Annual Appreciation
4.13%
Original Mortgage
$742,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Ranson L Russell $928,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranson Lloyd Russell $742,000
Closed Ranson L Russell $742,000
Previous Owner Hosea Robert H $417,000
Previous Owner Hosea Robert H $410,757
Previous Owner Hosea Robert H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $928,000 0.0% $246 / Sq Ft
09/27/2014 09/27/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $928,000 -- $246 / 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
2024 $2,852 $747,100 $142,900 $604,200
2023 $2,829 $747,100 $142,900 $604,200
2022 $2,829 $747,100 $142,900 $604,200
2021 $3,530 $761,600 $192,400 $569,200
2020 $3,530 $761,600 $192,400 $569,200
2019 $3,530 $761,600 $192,400 $569,200
2018 $3,149 $761,600 $192,400 $569,200
2017 $3,149 $761,600 $192,400 $569,200
2013 -- $838,900 $288,300 $550,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 184418

High Country Association of REALTORS®

APN: 1888-77-9140-000