NOT LISTED FOR SALE

524 Locust Gap Rd Vilas, NC 28692

Estimated Value: $381,000 - $728,000

4 Beds
3 Baths
2,408 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $385,416 $160 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,741/month

Highlights

  • 6.36 Acre Lot
  • Mountain View
  • Mountain Architecture
  • Watauga High School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of July 2020

Searching for PEACE & QUIET with really big VIEWS & a house that has been completely renovated & updated, LOOK NO FURTHER! This home with 4 BR & 3 BA has much to offer. Living area is open & spacious with vaulted ceilings, river rock fireplace, & HW Floors throughout. An over sized eat-in kitchen with granite & a pass through window. Designer quality throughout. Large deck the length of the house to enjoy nature & your huge views on the now 4.97 newly acquired acres, giving a total of property to 6.36. WOW!! Great for 4-wheeling & exploring or possibly another house/compound???? 3/2 main level for "ONE FLOOR LIVING". Master has large walk-in closet and private bath. Additional family room, bedroom & bath downstairs with overly large 2 car garage plenty of room for ATV & other toys. Enough level yard for children to play, with woods totally encircling the back for privacy. New roof 2018. Many upgrades. This house has never been rented, shows like new. There are 2 heating systems, forced air & monitors. Also comes with 2 sets of washer and dryers for convenience. This house has an alarm system. Furnishings are negotiable. No zoning or restrictions so rental is an option.

Last Agent to Sell the Property

Margie Hyatt

Hyatt In The High Country, Inc. Listed on: 04/30/2020

Last Buyer's Agent

Nate Wright

Wright Brokers with Hyatt in the High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 2002

Lot Details

  • 6.36 Acre Lot
  • Wooded Lot
  • Zoning described as Residential,None

Parking

  • 2 Car Garage
  • Oversized Parking
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Frame Construction
  • Metal Roof
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bethel Elementary School
  • Watauga High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Kerosene
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Long Term Rental Allowed
  • Assessor Parcel Number 1965453266000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.36
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1587.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 821.0
  • Fireplace Features: Gas, Stone, Vented, Propane
  • Fireplace: Yes
  • Living Area: 2408.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Hardboard
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Multiple
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Gravel, Oversized, Private

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Kerosene, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Bethel
  • High School: Watauga

Lot Info

  • Parcel #: 1965453266000
  • Zoning Description: Residential,None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1208.0
  • Tax Book Number: 1742/279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 26, 2020
Sold by
Deribeaux Gus and De Ribeaux Kimberly
Bought by
Arinenteros Jorge and Klee Lindsey
Seller's Agent
Margie Hyatt
Hyatt In The High Country, Inc.
Buyer's Agent
Nate Wright
Wright Brokers with Hyatt in the High Country
List Price
$385,416
Sold Price
$385,416
Current Estimated Value
$502,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,812
Avg. Annual Appreciation
5.16%
Original Mortgage
$378,000
Outstanding Balance
$322,520
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$179,708

Purchase Details

Listed on
Oct 18, 2012
Closed on
Jan 15, 2014
Sold by
Edmondson Charles L and Edmondson Karen Lynn
Bought by
Deribeaux Gus and Deribeaux Kimberly
Seller's Agent
Peggy Palms
Mountain Realty
Buyer's Agent
Margie Hyatt
Hyatt In The High Country, Inc.
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arinenteros Jorge $385,500 None Available
Deribeaux Gus $149,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arinenteros Jorge $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2020 07/06/20 Sold $385,416 0.0% $160 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $385,416 +158.7% $160 / Sq Ft
02/10/2014 02/10/14 Sold $149,000 0.0% $63 / Sq Ft View Prior Sale
01/11/2014 01/11/14 Pending -- -- --
10/18/2012 10/18/12 For Sale $149,000 -- $63 / 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 $932 $225,400 $22,000 $203,400
2023 $909 $225,400 $22,000 $203,400
2022 $909 $225,400 $22,000 $203,400
2021 $1,208 $249,100 $21,600 $227,500
2020 $1,208 $249,100 $21,600 $227,500
2019 $1,208 $249,100 $21,600 $227,500
2018 $1,084 $249,100 $21,600 $227,500
2017 $1,084 $249,100 $21,600 $227,500
2013 -- $247,200 $21,600 $225,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 221563

High Country Association of REALTORS®

APN: 1965-45-3266-000