NOT LISTED FOR SALE

507 Pine Ridge Rd Beech Mountain, NC 28604

Estimated Value: $742,000 - $924,000

3 Beds
3 Baths
2,508 Sq Ft
$328/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $530,000 $211 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,874/month

34 Days on Market

Highlights

  • Seasonal View
  • Mountain Architecture
  • Home Security System
  • Valle Crucis Elementary School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of March 2021

Location! Location! Location! This meticulously maintained home sitting near Beech Mountain Club offers three ensuites making it the perfect family getaway or an incredible income-producing rental! In addition, there is a bonus room and lots of unfinished space. Closets and storage areas abound. You will have peace of mind for future maintenance between the Trex decking and the commercial 16 gauge, standing-seam, steel roof with a 50 year guarantee. More view potential exists with a little tree trimming. Enjoy the stream running by the house at this relaxing oasis.

Last Agent to Sell the Property

Michelle Griffin

High Country Resort Properties Listed on: 01/25/2021

Last Buyer's Agent

Linda Cramblit

Blue Ridge Realty & Inv. - Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 2000

Lot Details

  • 0.4 Acre Lot
  • Zoning described as Residential,Subdivision

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Propane Fireplace
  • Casement Windows
  • Seasonal Views
  • Partially Finished Basement
  • Crawl Space
  • Home Security System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Grassy Gap Golf Course Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1940-79-9102-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,319

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • Subdivision Name: Grassy Gap Golf Course
  • Above Grade Finished Sq Ft: 2005.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer
  • Has Basement: Crawl Space, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 503.0
  • Fireplace Features: Gas, Vented, Propane
  • Fireplace: Yes
  • Living Area: 2508.0
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • View: Seasonal View
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1940-79-9102-000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1319.0
  • Tax Book Number: 1151/455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Mar 26, 2021
Sold by
Beets Joseph W and Beets Rebecca C
Bought by
Day Jubal Lee and Day Mary Elizabeth
Seller's Agent
Michelle Griffin
High Country Resort Properties
Buyer's Agent
Linda Cramblit
Blue Ridge Realty & Inv. - Banner Elk
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$830,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,775
Avg. Annual Appreciation
9.71%
Original Mortgage
$472,500
Outstanding Balance
$422,372
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$400,644
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
Day Jubal Lee $530,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Jubal Lee $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $530,000 0.0% $211 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $530,000 -- $211 / 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 $6,253 $635,300 $21,700 $613,600
2024 $6,253 $635,300 $21,700 $613,600
2023 $6,303 $635,300 $21,700 $613,600
2022 $6,303 $623,500 $21,700 $601,800
2021 $3,484 $299,900 $30,000 $269,900
2020 $3,484 $299,900 $30,000 $269,900
2019 $3,484 $299,900 $30,000 $269,900
2018 $3,334 $299,900 $30,000 $269,900
2017 $3,334 $299,900 $30,000 $269,900
2013 -- $358,000 $50,000 $308,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 227978

High Country Association of REALTORS®

APN: 1940-79-9102-000