NOT LISTED FOR SALE

5191 Linville Falls Hwy Newland, NC 28657

Estimated Value: $315,000 - $667,000

2 Beds
2 Baths
1,008 Sq Ft
$500/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $322,500 $320 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,852/month

257 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • River View
  • Crossnore Elementary School Rated 9+
  • Spa
  • 12.45 Acre Lot

About This Home

As of February 2017

Incredible Live/Work opportunity. 12.45 acres of pure mountain beauty. State-stocked trout stream runs through property, great for fishing! Cedar-sided ranch style home on a full unfinished basement that could finished for additional living space. Main house has covered and open deck with hot tub and open floor plan. Greenhouse with plumbing and septic, propane heat, tiled floor, half bath and huge unfinished area below. Loading dock, indirect light room and building could be finished for an additional home. The 2 bay detached garage is used as a wood shop with workshop and office. Workshop and greenhouse are on separate electric, well, and septic from house. Perfect setup for a general contractor, landscaper, or mini-farm! Multiple outbuildings include deluxe chicken house, horse barn, cow and pig barns, and fenced dog lot. Flat pasture and new bridge. Big views from the top of the property with road already in. Great location just 35 minutes to Boone and just over an hour to Asheville. Located in a resort community just minutes to Linville Falls, Banner Elk, Newland, and Crossnore.

Last Agent to Sell the Property

Liz Riddick

Keller Williams High Country Listed on: 05/06/2016

Keller Williams High Country

Last Buyer's Agent

Liz Riddick

Keller Williams High Country Listed on: 05/06/2016

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,333

Year Built

  • Built in 1980

Lot Details

  • 12.45 Acre Lot
  • Home fronts a stream
  • Southern Exposure
  • Property is Fully Fenced
  • Wooded Lot
  • Zoning described as Deed Restrictions

Parking

  • 2 Car Garage
  • Oversized Parking
  • Gravel Driveway

Property Views

  • River
  • Pasture
  • Mountain

Home Design

  • Ranch Style House
  • Mountain Architecture
  • Cottage
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,008 Sq Ft Home
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Double Pane Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Range
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Wrap Around Porch
  • Open Patio
  • Outbuilding

Schools

  • Crossnore Elementary School

Farming

  • Barn
  • Pasture

Utilities

  • Heating System Uses Kerosene
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • Satellite Dish

Community Details

  • Horse Facilities

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 18330057701100000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,333

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 12.45
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Cottage, Mountain, Ranch
  • Garage Yn: Yes
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 1008.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Full, Partial
  • Lot Features: Pasture, Wooded
  • View: Mountain(s), Pasture, River, Southern Exposure
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding
  • Exterior Features: Fence, Horse Facilities, Hot Tub/Spa, Out Building(s), Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Two Car Garage, Gravel, Oversized, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Fireplace(s), Kerosene, Wood Stove
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed

Schools

  • Elementary School: Crossnore

Lot Info

  • Parcel #: 18330057701100000
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1333.0
  • Tax Book Number: 393/2303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Thompson Adam C and Thompson Jennifer S
Bought by
Thompson Adam C
Current Estimated Value
$504,290

Purchase Details

Listed on
May 6, 2016
Closed on
Jan 31, 2017
Sold by
Kremer Barry A and Gray Kremer Patricia J
Bought by
Thompson Adam C and Thompson Jennifer S
Seller's Agent
Liz Riddick
Keller Williams High Country
Buyer's Agent
Liz Riddick
Keller Williams High Country
List Price
$322,500
Sold Price
$322,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$258,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2005
Sold by
Tilley Ricky L and Tilley Alesha Coburn
Bought by
Kremer Barry A and Gray-Kremer Patricia J
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 Buyer Sale Price Title Company
Thompson Adam C -- None Available
Thompson Adam C $323,000 None Available
Kremer Barry A $228,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Adam C $345,490
Closed Thompson Adam C $258,000
Previous Owner Kremer Barry A $70,000
Previous Owner Tilley Alesha C $212,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $322,500 0.0% $320 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
05/06/2016 05/06/16 For Sale $322,500 -- $320 / 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 $1,497 $374,300 $76,900 $297,400
2023 $1,497 $374,300 $76,900 $297,400
2022 $1,497 $374,300 $76,900 $297,400
2021 $1,776 $322,900 $55,100 $267,800
2020 $1,776 $322,900 $55,100 $267,800
2019 $1,776 $322,900 $55,100 $267,800
2018 $1,776 $322,900 $55,100 $267,800
2017 $1,418 $255,800 $0 $0
2016 $1,154 $255,800 $0 $0
2015 $1,144 $255,800 $59,100 $192,000
2012 -- $282,400 $69,800 $212,600
Source: Public Records

Agents Affiliated with this Home

  • Liz Riddick

    Seller's Agent in 2017

    Liz Riddick

    Keller Williams High Country

    (828) 719-0120

    4 in this area

    74 Total Sales

    Liz Riddick
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Map

Source: High Country Association of REALTORS®

MLS Number: 39201597

High Country Association of REALTORS®

APN: 1833-00-57-7011-00000

North Carolina Avery County Newland 28657

5191 Linville Falls Hwy, Newland, NC

This home is located at 5191 Linville Falls Hwy, Newland, NC 28657 since 06 May 2016 and is currently estimated at $504,290, approximately $500 per square foot. This property was built in 1980. 5191 Linville Falls Hwy is a home located in Avery County with nearby schools including Crossnore Elementary School, Avery Middle School, and Marjorie Williams Academy.

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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