NOT LISTED FOR SALE

505 Bare Bridge Dr Burnsville, NC 28714

Estimated Value: $608,818 - $792,000

3 Beds
2.5 Baths
2,761 Sq Ft
$265/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $376,000 $136 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,107/month

410 Days on Market

Highlights

  • Open Floorplan
  • Fireplace
  • Breakfast Bar
  • Wood Flooring
  • Walk-In Closet
  • Storage Room

About This Home

As of August 2016

Look no further than this impressive European-style, well-maintained home w/ year-round views and newer construction. This well-appointed haven includes a workshop, stocked pond, fire-pit, gazebo and convenient access to shopping and the Pisgah National Forest. You'll appreciate the fine landscaping with inspiring views of Mt Mitchell and Mountain Air. Nestled between crafty Burnsville and AVL, this is the kind of place you'll want to call home.

Last Agent to Sell the Property

Ron Armstrong

EXP Realty LLC License #217550 Listed on: 05/27/2015

EXP Realty LLC

Last Buyer's Agent

Ron Armstrong

EXP Realty LLC License #217550 Listed on: 05/27/2015

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 2002

Lot Details

  • 0.85

Parking

  • Workshop in Garage

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Storage Room
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 081002651917

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,187

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.95674
  • Ratio Close Price By Original Li: 0.95190
  • Ratio Current Price By Acre: 442352.94
  • Ratio Current Price By Sq Ft: 136.18
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 1286
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Downdraft Cooktop, Cooktop Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Walk-In Closet(s), Attic Stairs Pulldown, Garage Shop, Storage Unit
  • Room Count: 6
  • Sq Ft Basement: 390
  • Main Level Sq Ft: 1085
  • Total Sq Ft: 2761

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace, Heat Pump - AC
  • Water: Filtration System, City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 245.00

Lot Info

  • Lot Features: Long Range View, Paved Frontage, Lake, Sloping, Year Round View
  • Parcel Number: 081002651917
  • Plat Reference Section Pages: 411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Aug 19, 2016
Sold by
Sam L Ethel J Nash
Bought by
Peterson Christopher and Peterson Kasey
Seller's Agent
Ron Armstrong
EXP Realty LLC
Buyer's Agent
Ron Armstrong
EXP Realty LLC
List Price
$395,000
Sold Price
$376,000
Premium/Discount to List
-$19,000
-4.81%
Current Estimated Value
$732,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,455
Avg. Annual Appreciation
7.43%
Original Mortgage
$338,400
Outstanding Balance
$269,567
Interest Rate
3.43%
Estimated Equity
$462,888

Purchase Details

Closed on
Oct 9, 2002
Bought by
Nash Sam L and Nash Ethel J
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
Peterson Christopher -- --
Nash Sam L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Christopher $338,400
Closed Peterson Christopher --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2016 08/18/16 Sold $376,000 -4.8% $136 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
05/27/2015 05/27/15 For Sale $395,000 -- $143 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,187 $531,200 $136,000 $395,200
2024 $3,187 $531,200 $136,000 $395,200
2023 $2,354 $346,180 $72,800 $273,380
2022 $2,307 $346,180 $72,800 $273,380
2021 $2,354 $346,180 $72,800 $273,380
2020 $2,354 $346,180 $72,800 $273,380
2019 $2,337 $346,180 $72,800 $273,380
2018 $2,337 $346,180 $72,800 $273,380
2017 $2,337 $346,180 $72,800 $273,380
2016 $2,285 $346,180 $72,800 $273,380
2015 $2,196 $392,130 $97,000 $295,130
2014 $2,196 $392,130 $97,000 $295,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM585464

Canopy MLS (Canopy Realtor® Association)

APN: 081002651917.000