NOT LISTED FOR SALE

5007 Flat Springs Rd Elk Park, NC 28622

Estimated Value: $257,000 - $490,000

2 Beds
2 Baths
1,917 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $430,000 $224 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,206/month

Highlights

  • 3.91 Acre Lot
  • Pasture Views
  • No HOA
  • Cranberry Middle School Rated 9+
  • Wood Burning Stove
  • Covered Patio or Porch

About This Home

As of July 2023

Field, woods, views, and privacy located in close proximity to all of the outdoor features you love about the High Country! This immaculate home could easily be converted back into its original 3 BR layout with the construction of one wall, or continue enjoying the larger space in the current 2/2 configuration. Field and barn lend itself well to a mini farm, vineyard, large garden area, or additional home site. Professionally landscaped water feature, retaining walls, and plantings give you plenty to enjoy from the multiple decks and porches. Don't forget the breathtaking views! Full unfinished basement could be finished for additional living space or make great storage and workshop space. Other features include a second attached garage with cellar and storage building. Located minutes from Watauga River and Watauga Lake or Beech Mountain for year round fun in every season yet an easy 30 minute drive to Boone with paved access all the way to the garage. You will appreciate the level of quality and attention to detail in every aspect of this property. Truly one of the best values in the area. No restrictions mean that you can create and live your dreams in the mountains!

Last Agent to Sell the Property

Joel Farthing

Boone Real Estate Listed on: 01/05/2023

Last Buyer's Agent

Lindsay Pinckney

828 Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1974

Lot Details

  • 3.91

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Driveway

Property Views

  • Pasture
  • Mountain
  • Seasonal

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,917 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Treatments
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Shed
  • Outbuilding

Schools

  • Freedom Trail Elementary School
  • Avery County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Hydro-Air Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Sewer Applied For Permit
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Solar Heating System
  • 3.91 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 194300104478

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.91
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1917.0
  • Architectural Style: Ranch, Split-Level
  • Garage Yn: Yes
  • Unit Levels: One, Multi/Split
  • Building Stories: 1
  • Year Built: 1974
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-265-1021
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Masonry, Other, See Remarks, Wood Burning, Propane
  • Fireplace: Yes
  • Interior Amenities: Pull Down Attic Stairs, Window Treatments
  • Living Area: 1917.0
  • Stories: 1
  • Window Features: Double Pane Windows, Window Treatments

Exterior Features

  • View: Long Range, Mountain(s), Pasture, Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Wood Frame
  • Exterior Features: Fire Pit, Out Building(s), Storage
  • Foundation Details: Basement
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Air, Electric, Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Hydro Air, Heat Pump, Other, Solar, See Remarks, Wood Stove
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Permit 3 Bedroom, Sewer Applied for Permit
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Other, Private, See Remarks, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Freedom Trail
  • High School: Avery County

Lot Info

  • Parcel #: 194300104478
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 921.0
  • Tax Book Number: 84/1668

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jul 5, 2023
Sold by
Reece Thomas E and Reece Brenda L
Bought by
Reece Thomas E and Reece Brenda L
Seller's Agent
Joel Farthing
Boone Real Estate
Buyer's Agent
Lindsay Pinckney
828 Real Estate
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%
Views
229
Current Estimated Value
$399,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,837
Avg. Annual Appreciation
-3.34%
Original Mortgage
$244,197
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2012
Sold by
Reece Thomas Edgar and Reece Brenda L
Bought by
Reece Thomas Wayne and Reece Tiffany Nicole
Source: Public Records

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 Buyer Sale Price Title Company
Reece Thomas E -- None Listed On Document
Harmon Ryan -- None Listed On Document
Seden Michael Paul $430,000 None Listed On Document
Reece Thomas Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seden Michael Paul $308,000
Closed Seden Michael Paul $244,197
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $430,000 -4.4% $224 / Sq Ft
01/05/2023 01/05/23 For Sale $449,900 -- $235 / 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 $949 $222,400 $39,600 $182,800
2023 $949 $222,800 $42,500 $180,300
2022 $949 $222,800 $42,500 $180,300
2021 $921 $151,300 $23,800 $127,500
2020 $927 $151,300 $23,800 $127,500
2019 $942 $151,300 $23,800 $127,500
2018 $932 $151,300 $23,800 $127,500
2017 $892 $143,100 $0 $0
2016 $708 $143,100 $0 $0
2015 $718 $143,100 $16,300 $126,800
2012 -- $169,200 $23,800 $145,400
Source: Public Records

Agents Affiliated with this Home

  • Joel Farthing

    Seller's Agent in 2023

    Joel Farthing

    Boone Real Estate

    (828) 773-3384

    7 in this area

    262 Total Sales

    Joel Farthing
    Section Image

  • L

    Buyer's Agent in 2023

    Lindsay Pinckney

    828 Real Estate

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 241198

High Country Association of REALTORS®

APN: 1943-00-10-4478-00000

North Carolina Avery County Elk Park 28622

5007 Flat Springs Rd, Elk Park, NC

This home is located at 5007 Flat Springs Rd, Elk Park, NC 28622 since 05 January 2023 and is currently estimated at $399,163, approximately $208 per square foot. This property was built in 1974. 5007 Flat Springs Rd is a home located in Avery County with nearby schools including Freedom Trail Elementary School and Cranberry Middle 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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