NOT LISTED FOR SALE

61 Lookout Loop Burnsville, NC 28714

Estimated Value: $912,395 - $1,187,000

3 Beds
4 Baths
2,016 Sq Ft
$538/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $525,000 $260 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,526/month

119 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Contemporary Architecture
  • Gated Community
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of November 2017

Like-new with spectacular views! Home was taken down to the studs and fully remodeled! Mountain home feel, great room with vaulted pine ceilings, wooden beams and heart pine flooring with gourmet kitchen. Three master suites plus bonus room and full bath on lower level. Great location short distance to all amenities. You may not want to wander too far - just gaze out at Lookout Peak overlooking the runway, golf course and stellar mountain views. Looking for a lock-and-go second home? Fabulous!

Last Agent to Sell the Property

Tracy Veteto

COMPASS License #245814 Listed on: 06/23/2017

COMPASS

Last Buyer's Agent

Gary Carter

Coldwell Banker Advantage License #280421

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 2,614

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4 Full Bathrooms
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Additional Features

  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 070800981253.000

Community Details

Overview

  • Association Phone (828) 682-1578

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.87646
  • Ratio Close Price By Original Li: 0.87646
  • Ratio Current Price By Acre: 8750000.00
  • Ratio Current Price By Sq Ft: 260.42
  • Year Built: 1991
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Concrete
  • Upper Level Sq Ft: 400
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dryer, Dishwasher, Electric Range, Exhaust Fan, Gas Range, Microwave, Refrigerator, Washer, Propane, Electric Oven, Gas Oven
  • Fireplace Description: Gas Vented, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 828-682-1578
  • Interior Amenities: Breakfast Bar, Cable Available, Kitchen Island, Open Floorplan, Skylight(s), Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 238
  • Main Level Sq Ft: 1378
  • Total Sq Ft: 2016

Exterior Features

  • Construction: Concrete Block, Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Gas, Propane

Condo/Co-op/Association

  • Community Features: Airfield, Club House, Gated Community, Golf Course, Outdoor Pool, Recreation Area, Security, Tennis Court(s)
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Bald Creek
  • Middle School: Cane River
  • High School: Mountain Heritage

Lot Info

  • Lot Features: Long Range View, Mountain View, Views, Year Round View
  • Lot Size Area: 0.060
  • Parcel Number: 070800981253.000
  • Plat Reference Section Pages: 160
  • Zoning: Residential
  • Zoning Specification: RES

Tax Info

  • Tax Value: 413260.00
  • Tax Amount Ncm: 2645.00
  • Tax Location: Yancey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Ritenour Heath and Ritenour John
Bought by
J & V Ritenour Re Holdings Llc
Current Estimated Value
$1,084,099

Purchase Details

Closed on
Dec 1, 2020
Sold by
Ritenour Heath and Ritenour John
Bought by
J & V Ritenour Re Holdings Llc

Purchase Details

Listed on
Jun 23, 2017
Closed on
Oct 31, 2017
Sold by
Michael E Wrights Childrens Trusts Lp
Bought by
Ritenour Heath and Ritenour John
Seller's Agent
Tracy Veteto
COMPASS
Buyer's Agent
Gary Carter
Coldwell Banker Advantage
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Harris Jo Ann and Harris Charles D
Bought by
Risen Norma E and Risen Anna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,200
Interest Rate
6.12%
Mortgage Type
Future Advance Clause Open End Mortgage
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
J & V Ritenour Re Holdings Llc -- None Available
J & V Ritenour Re Holdings Llc -- None Listed On Document
Ritenour Heath $538,000 None Available
Risen Norma E $625,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Risen Norma E $1,175,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2017 11/03/17 Sold $525,000 -12.4% $260 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $599,000 -- $297 / 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 $4,387 $783,400 $375,000 $408,400
2024 $4,387 $783,400 $375,000 $408,400
2023 $2,645 $413,260 $50,000 $363,260
2022 $2,592 $413,260 $50,000 $363,260
2021 $2,645 $413,260 $50,000 $363,260
2020 $2,645 $413,260 $50,000 $363,260
2019 $2,645 $413,260 $50,000 $363,260
2018 $2,645 $413,260 $50,000 $363,260
2017 $2,645 $413,260 $50,000 $363,260
2016 $2,645 $413,260 $50,000 $363,260
2015 $4,307 $797,570 $450,000 $347,570
2014 $4,307 $797,570 $450,000 $347,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3291066

Canopy MLS (Canopy Realtor® Association)

APN: 070800981253.000