NOT LISTED FOR SALE

502 Cascade Run Purlear, NC 28665

Estimated Value: $1,037,000 - $1,163,392

5 Beds
4.5 Baths
4,389 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $935,000 $213 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,024/month

80 Days on Market

Highlights

  • Home fronts a pond
  • Gated Community
  • Cathedral Ceiling
  • West Wilkes Middle School Rated A-
  • Views of Trees
  • Mountain Architecture

About This Home

As of August 2024

Escape the bustle to your private log cabin retreat in the N Carolina mountains. Nestled in a resort-style gated community, this 4,389sf, 5-bed/4.5-ba home provides a lifestyle that defines solitude & comfort. Recently featured in Haven Magazine, this serene 2.5-acre getaway features artisanal touches not found in a typical home. One-of-a-kind mantels, unique fixtures, & custom furnishings complement the home’s thoughtful architectural elements such as open-beamed vaulted ceilings & grand stone fireplaces—centerpieces of this lodge-style home. Perfect for holidays & family vacations, the big kitchen, 2 primary suites & 2000sf of decking are but a few of the features that allow you to take full advantage of this forest enclave. Meticulously maintained, the home boasts steel roofing, on-demand hot H2O, high-spd internet access & more. Enjoy walking trails, UTV trails, access to the Lewis Fork Stream and a tranquil pond, a 100 foot waterfall within the development & the balance of living in a well-appointed community designed to harmonize with nature. Nearby activities include Merlefest, art & apple festivals, NASCAR (inaudible from the property) & more. Close to Blowing Rock & Boone you’ll never be far from excellent shopping, restaurants & nightlife. 2023 Appraisals available showing 1.1 & 1.2 mil.

Last Agent to Sell the Property

Kim Hyatt

Bear Real Estate Brokerage Phone: (828) 260-5338 Listed on: 05/13/2024

Last Buyer's Agent

Karen Cleghorn

Blue Ridge Realty & Inv. - Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 2008

Lot Details

  • 2.47 Acre Lot
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Home Design

  • Mountain Architecture
  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wired For Sound
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Views of Trees

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Wrap Around Porch
  • Open Patio
  • Fire Pit
  • Outdoor Storage

Schools

  • Millers Creek Elementary School
  • West Wilkes High School

Utilities

  • Multiple cooling system units
  • Forced Air Zoned Heating and Cooling System
  • Private Water Source
  • Tankless Water Heater
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 40
  • Assessor Parcel Number 0802069

Community Details

Overview

  • Cielo Falls Subdivision

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

Built in 2008

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.47
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Cielo Falls
  • Above Grade Finished Sq Ft: 3358.0
  • Architectural Style: Log Home, Mountain
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 260-5338
  • General Property Information Below Grade Unfinished Area: 1081.0
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Freezer, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, ENERGY STAR Qualified Appliances
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1031.0
  • Fireplace Features: Two, Stone, Propane
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Furnished, Wired for Sound, Window Treatments
  • Living Area: 4389.0
  • Stories: 2
  • Window Features: Double Pane Windows, Screens, Storm Window(s), Window Treatments

Exterior Features

  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Log, Log Siding, Stone
  • Exterior Features: Fire Pit, Storage, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport, Driveway, Detached, Garage, Two Car Garage, Paved, Private

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s), Zoned
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Other, Private, See Remarks

Condo/Co-op/Association

  • Community Features: Gated, Trails/Paths, Long Term Rental Allowed
  • Association Fee: 570.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Millers Creek
  • High School: West Wilkes

Lot Info

  • Parcel #: 0802069
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6521.0
  • Tax Book Number: 1239/54
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Howard Glen D and Howard Jennifer D
Bought by
Howard Glen D and Howard Jennifer D
Current Estimated Value
$1,100,196

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 20, 2024
Sold by
Levi Cielo Falls Llc
Bought by
Howard Glen D and Howard Jennifer D
Seller's Agent
Kim Hyatt
Bear Real Estate
Buyer's Agent
Karen Cleghorn
Blue Ridge Realty & Inv. - Banner Elk
List Price
$975,000
Sold Price
$935,000
Premium/Discount to List
-$40,000
-4.1%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$533,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Bought by
Levi Cielo Falls, Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Howard Glen D -- None Listed On Document
Howard Glen D -- None Listed On Document
Howard Glen D -- None Listed On Document
Howard Glen D $935,000 None Listed On Document
Howard Glen D $935,000 None Listed On Document
Levi Cielo Falls, Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard Glen D $533,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $935,000 -4.1% $213 / Sq Ft
05/13/2024 05/13/24 For Sale $975,000 -- $222 / 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 $13,043 $858,070 $35,000 $823,070
2023 $6,424 $858,070 $35,000 $823,070
2022 $6,424 $858,070 $35,000 $823,070
2021 $6,424 $858,070 $35,000 $823,070
2020 $6,254 $858,070 $35,000 $823,070
2019 $626,391 $858,070 $35,000 $823,070
2018 $7,010 $947,300 $0 $0
2017 $6,031 $815,000 $0 $0
2016 $6,031 $815,000 $0 $0
2015 $6,194 $815,000 $0 $0
2014 -- $815,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 249623

High Country Association of REALTORS®

APN: 0802069