NOT LISTED FOR SALE

58 S Pinnacle Dr Burnsville, NC 28714

Estimated Value: $377,044 - $455,000

2 Beds
2 Baths
1,533 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $225,000 $147 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,403/month

21 Days on Market

Highlights

  • A-Frame Home
  • Cathedral Ceiling
  • Fireplace
  • Wooded Lot
  • Wood Flooring

About This Home

As of July 2020

Adorable mountain cabin in a convenient location. This home features high ceilings, a gorgeous fireplace, and a massive master suite. Enjoy sunset views from the covered deck. Finish out the basement for nearly 1,000 extra square feet of living space. This home would be the perfect vacation rental property given the great location and low maintenance lot. You are less than 10 minutes from the shopping and dining of Burnsville, and 35 minutes to the myriad of things to do in Asheville.

Last Agent to Sell the Property

Crystal Capps

Howard Hanna Beverly-Hanks Asheville-North License #285822 Listed on: 05/29/2020

Last Buyer's Agent

Elizabeth Jones

RE/MAX Results License #309069

RE/MAX Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 989003210581.000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: A-Frame
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 229591.84
  • Ratio Current Price By Sq Ft: 146.77
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 370
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer
  • Fireplace Description: FAMILYRM, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s)
  • Laundry Location: Basement
  • Room Count: 3
  • Main Level Sq Ft: 1163
  • Total Sq Ft: 1533
  • Sq Ft Unheated Basement: 1163
  • Sq Ft Unheated Total: 1163

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Basement

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Long Range View, Mountain View, Winter View, Wooded, Year Round View
  • Parcel Number: 989003210581.000
  • Zoning Specification: RES

Tax Info

  • Tax Value: 178430.00
  • Tax Location: Yancey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 27, 2020
Sold by
Reynolds John P
Bought by
Spangler Michelle M and Spangler Michele M
Seller's Agent
Crystal Capps
Howard Hanna Beverly-Hanks Asheville-North
Buyer's Agent
Elizabeth Jones
RE/MAX Results
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$431,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,261
Avg. Annual Appreciation
12.91%
Original Mortgage
$145,000
Outstanding Balance
$103,187
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$328,074

Purchase Details

Closed on
Jun 26, 2007
Sold by
Grindstaff Lawrence
Bought by
Reynolds John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,920
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spangler Michelle M $225,000 None Available
Reynolds John P $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangler Michelle M $145,000
Previous Owner Reynolds John P $155,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $225,000 0.0% $147 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $225,000 0.0% $147 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $225,000 -- $147 / 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
2025 $1,692 $302,100 $74,500 $227,600
2024 $1,692 $302,100 $74,500 $227,600
2023 $1,142 $178,430 $39,800 $138,630
2022 $1,119 $178,430 $39,800 $138,630
2021 $1,142 $178,430 $39,800 $138,630
2020 $1,142 $178,430 $39,800 $138,630
2019 $1,142 $178,430 $39,800 $138,630
2018 $1,142 $178,430 $39,800 $138,630
2017 $1,142 $178,430 $39,800 $138,630
2016 $1,142 $178,430 $39,800 $138,630
2015 $1,057 $195,750 $44,800 $150,950
2014 $1,057 $195,750 $44,800 $150,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3625850

Canopy MLS (Canopy Realtor® Association)

APN: 989003210581.000