NOT LISTED FOR SALE

5405 Pine Ridge Dr Connellys Springs, NC 28612

Estimated Value: $216,000 - $273,000

1 Bed
1 Bath
961 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $190,000 $198 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,553/month

108 Days on Market

Highlights

  • Open Floorplan
  • A-Frame Home
  • Wood Flooring
  • George Hildebrand Elementary School Rated 9+
  • Deck
  • Skylights

About This Home

As of November 2022

Welcome to the Cozy Cabin tucked away in Pine Mountain Estates. This adorable A-Frame log cabin is the perfect getaway retreat or a year round living home. There is a lot of parking available with the semi circle driveway. This home with its wraparound deck offers long range seasonal mountain views. As you walk in the front door you can not miss the cathedral ceiling that is tongue and groove pine. There are skylights that bring in natural light. The main floor boasts living room with gas log fire place, sunroom with lots of windows so you can still enjoy nature, dining area, kitchen with porcelain tile. All appliances are to remain. Stove and dishwasher were bought in 2016, bathroom also has porcelain tile w/ laundry area and bedroom has walk in closet. The stairs that lead to the loft area are split pine logs. The loft can be used as a second bedroom there is closet and small balcony.

Last Agent to Sell the Property

Danielle Houfek

Better Homes and Gardens Real Estate Foothills License #210980 Listed on: 07/19/2022

Better Homes and Gardens Real Estate Foothills

Last Buyer's Agent

Jenny DeHart

Lake Norman Realty, Inc. License #308026

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 1992

Lot Details

  • Paved or Partially Paved Lot
  • Sloped Lot
  • Zoning described as R-3

HOA Fees

  • $143 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Skylights
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • George Hidelbrand Elementary School
  • East Burke Middle School
  • East Burke High School

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 24175

Community Details

Overview

  • Pine Mountain Poa, Phone Number (828) 437-4894
  • Pine Mountain Lakes Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,372

Year Built

Built in 1992

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame, Cabin
  • Year Built: 1992
  • Ratio Current Price By Acre: 345454.55
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 197.71
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Open Floorplan, Skylight(s), Vaulted Ceiling
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 771
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 110
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 110
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 190
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Deck,Porch-Wrap Around
  • Appliances: Dryer, Refrigerator, Washer
  • Accessibility Features: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 961
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Outbuilding(s), Satellite Internet Available
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Log

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Walking Trails
  • Association Fee: 143.06
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Pine Mountain POA
  • Phone: 828-437-4894
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: East Burke
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 1716.72

Lot Info

  • Lot Features: Long Range View, Paved, Sloped
  • Lot Size Area: 0.55
  • Lot Size Units: Acres
  • Parcel Number: 24175
  • Lot Size: Per Tax Record
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.81094

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: George Hidelbrand
  • High School: East Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Nov 1, 2022
Sold by
Fernandez Dawn and Fernandez Pete
Bought by
Calandra Derrick P and Faulkner Shaw Kendra
Seller's Agent
Danielle Houfek
Better Homes and Gardens Real Estate Foothills
Buyer's Agent
Jenny DeHart
Lake Norman Realty, Inc.
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Views
2
Current Estimated Value
$239,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,610
Avg. Annual Appreciation
8.48%
Original Mortgage
$142,500
Outstanding Balance
$136,456
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$103,154

Purchase Details

Listed on
Aug 5, 2015
Closed on
Oct 17, 2016
Sold by
Vega Steven and Vega Charlotte
Bought by
Fernandez Dawn and Fernandez Pete
List Price
$120,900
Sold Price
$120,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$124,889
Interest Rate
3.44%
Mortgage Type
VA

Purchase Details

Closed on
Sep 28, 2010
Sold by
Speers Steven Ray and Speers Barbara C
Bought by
Vega Steven J and Vega Charlotte A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Lederman Harry
Bought by
Speers Steven Ray and Speers Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Calandra Derrick P $190,000 --
Fernandez Dawn $121,000 Attorney
Vega Steven J $99,000 None Available
Speers Steven Ray $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calandra Derrick P $142,500
Previous Owner Fernandez Dawn $124,889
Previous Owner Vega Steven J $89,100
Previous Owner Speers Steven Ray $65,500
Previous Owner Speers Steven Ray $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $190,000 -10.0% $198 / Sq Ft
09/21/2022 09/21/22 Price Changed $211,000 -1.6% $220 / Sq Ft
08/17/2022 08/17/22 Price Changed $214,500 -0.2% $223 / Sq Ft
07/19/2022 07/19/22 For Sale $215,000 +77.8% $224 / Sq Ft
10/18/2016 10/18/16 Sold $120,900 0.0% $120 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
08/05/2015 08/05/15 For Sale $120,900 -- $120 / 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 $1,372 $184,535 $4,113 $180,422
2023 $1,372 $184,535 $4,113 $180,422
2022 $1,050 $116,514 $3,613 $112,901
2021 $1,044 $116,514 $3,613 $112,901
2020 $1,040 $116,514 $3,613 $112,901
2019 $1,040 $116,514 $3,613 $112,901
2018 $940 $104,483 $3,613 $100,870
2017 $938 $104,483 $3,613 $100,870
2016 $918 $104,483 $3,613 $100,870
2015 $915 $104,483 $3,613 $100,870
2014 $850 $96,750 $3,613 $93,137
2013 $875 $96,750 $3,613 $93,137
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3884781

Canopy MLS (Canopy Realtor® Association)

APN: 24175