$450,000
SOLD JUL 19, 2019

509 Cabbage Patch Rd Burnsville, NC 28714

4 Beds
4.5 Baths
6,100 Sq Ft
17.85 Acres

Recently Sold

$74 Per Sq Ft

31% Below List Price

1,101 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace
  • Walk-In Closet
  • No HOA
  • Front Porch
  • Patio

About This Home

As of October 2020

Great Investment Opportunity! This One-of-a-Kind Mountain Top Estate - 17.85 Ac approx. 3,500 ft elev offers some of most breathtaking views in Western NC! Views of of Black Mtn Range to south & Burnsville in distance to west for outstanding sunsets plus valley below will soothe your spirit! The spacious American Federal designed residence w/attached 3 car garage offers endless opportunities for entertaining w/spacious sunken LR, formal DR, sunroom & entertainment room w/bar & outside gazebo. Spacious window walls throughout allows spectacular views to be enjoyed from inside this home. Wonderful for residence, corporate retreat, wedding venue or much more. At drastic reduced price and offered less than tax value, do own upgrades and build equity! Flat roof & pump in spring/reservoir needs replaced. Now is your opportunity to buy property, do own updates and build equity! Call for full details.

Last Agent to Sell the Property

Wanda Proffitt

Carolina Mountain Realty, Inc. Brokerage Email: wanda@carolinamtnrealty.com License #30603 Listed on: 05/30/2016

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,340

Year Built

  • Built in 1972

Lot Details

  • 17.85 Acre Lot
  • Paved or Partially Paved Lot
  • Steep Slope

Parking

  • 3 Car Garage

Home Design

  • Colonial Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Insulated Windows
  • Tile Flooring
  • Basement
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio
  • Front Porch

Schools

  • South Toe Elementary School
  • East Yancey Middle School
  • Mountain Heritage High School

Farming

  • Pasture

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Power Generator
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 076701381739000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,340

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1972
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 73.77
  • Attribution Contact: wanda@carolinamtnrealty.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 6100
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 590
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 590
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Hood, Refrigerator
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 6100
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log
  • Living Area: 6100
  • Window Features: Insulated Window(s)
  • Bedroom Main: 4
  • Room Count: 10
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range
  • Exclusions: -
  • Waterfront Elevation: 3500
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Utilities: Cable Available
  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: East Yancey
  • HOA Subject To: None

Lot Info

  • Lot Features: Pasture, Paved, Rolling Slope, Steep Slope
  • Lot Size Area: 17.85
  • Lot Size Units: Acres
  • Parcel Number: 076701381739000
  • Zoning: None
  • Lot Size Acres: 17.85
  • Lot Size Sq Ft: 777546
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NONE

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: South Toe
  • High School: Mountain Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 30, 2020
Sold by
Barry Mark Stephen and Barry Mark Stephen
Bought by
Cummings William Douglas and Cummings Rose Beheler
Seller's Agent
Ginger Gregory
Coldwell Banker Advantage
Buyer's Agent
Ali Lowe
LandCrazy.com
List Price
$885,000
Sold Price
$885,000
Total Days on Market
1101
Current Estimated Value
$1,334,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,759
Avg. Annual Appreciation
9.61%
Original Mortgage
$510,000
Outstanding Balance
$458,713
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$898,269

Purchase Details

Closed on
Oct 28, 2019
Sold by
Barry Mark S and Barry Pilkington
Bought by
Mark Stephen Barry Ret

Purchase Details

Listed on
May 30, 2016
Closed on
Jul 16, 2019
Sold by
Marcia W Kelly Lt
Bought by
Barry Mark S and Pilkingson-Armerust Diana
Seller's Agent
Wanda Proffitt
Carolina Mountain Realty, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$650,000
Sold Price
$450,000
Premium/Discount to List
-$200,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.69%
Original Mortgage
$360,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 27, 2001
Bought by
Kelly, Marcia W Trustee Estate
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 Type Sale Price Title Company
Warranty Deed $885,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Previous Owner $360,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $885,000 0.0% $143 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $885,000 +96.7% $143 / Sq Ft
07/19/2019 07/19/19 Sold $450,000 -30.8% $74 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $650,000 0.0% $107 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/31/2019 01/31/19 Price Changed $650,000 -18.2% $107 / Sq Ft
08/30/2018 08/30/18 For Sale $795,000 0.0% $130 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $795,000 -6.5% $130 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
05/30/2016 05/30/16 For Sale $850,000 -- $139 / 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
2024 $6,340 $1,083,800 $209,700 $874,100
2023 $3,812 $573,270 $112,100 $461,170
2022 $3,736 $573,270 $112,100 $461,170
2021 $3,812 $573,270 $112,100 $461,170
2020 $3,812 $573,270 $112,100 $461,170
2019 $4,691 $705,420 $158,200 $547,220
2018 $4,691 $705,420 $158,200 $547,220
2017 $4,691 $705,420 $158,200 $547,220
2016 $4,691 $705,420 $158,200 $547,220
2015 $4,412 $780,960 $218,500 $562,460
2014 $4,412 $780,960 $218,500 $562,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3182774

Canopy MLS (Canopy Realtor® Association)

APN: 076701381739.000