NOT LISTED FOR SALE

6373 Hemlock Rd Newland, NC 28657

Estimated Value: $309,453 - $439,000

3 Beds
2 Baths
1,426 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $299,000 $210 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,316/month

6 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Cottage

About This Home

As of July 2021

Simply adorable! Burn Side is a one-level 3BR/2BA treasure tucked beside a charming mountain stream in Gingercake Acres. If the 1960s era tongue and groove pine, hardwoods, and beamed ceilings don't do it for you, then how about this: updated kitchen with gray cabinets and granite, screened porch, outdoor shower, heat pump, replacement windows, open floor plan, split bedrooms, and two decks overlooking that sweet mountain stream. Heated and cooled "Jim's House" outbuilding is perfect for a she-shed, man cave, office, or playroom. Walk to neighborhood pool, tennis, clubhouse, and playground. Gingercake Acres borders the Pisgah Forest and Linville Gorge Wilderness Area and is a true paradise for hikers, trout fishermen, and mountain bikers.

Last Agent to Sell the Property

Bobbie McCombs

McCombs & Hoke Real Estate License #169800 Listed on: 06/02/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • Home fronts a stream
  • Level Lot

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Wood Flooring
  • Crawl Space
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Outbuilding
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1841623958, 1841624907

Community Details

Overview

  • Gingercake Recreation Club Association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1245833.33
  • Ratio Current Price By Sq Ft: 209.68
  • Year Built: 1964
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Microwave, Refrigerator
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1426
  • Total Sq Ft: 1426

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Playground, Recreation Area, Tennis Court(s)
  • Association Fee: 825.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Gingercake Recreation Club
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Crossnore
  • Middle School: Avery County
  • High School: Avery County

Lot Info

  • Lot Features: Level, Stream/Creek
  • Lot Size Area: 0.240
  • Parcel Number: 1841623958, 1841624907
  • Plat Book Slide: 52/60
  • Plat Reference Section Pages: 52/60
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 118409.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 19, 2021
Sold by
Mcilwain James M and Mcilwain Jonnie C
Bought by
Adams Michael G and Mckay Alix W
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
Buyer's Agent
Non Member
Canopy Administration
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$381,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,427
Avg. Annual Appreciation
5.56%
Original Mortgage
$299,000
Outstanding Balance
$274,219
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$98,379

Purchase Details

Closed on
Dec 23, 2018
Sold by
Mcilwain James M and Mcilwain Jonnie C
Bought by
Mcilwain James M and Mcilwain Jonnie C

Purchase Details

Closed on
May 1, 2017
Sold by
Mcilwain James M and Mcilawain Jonnie
Bought by
Mcilwain James M and Mcilwain Jonnie C
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
Adams Michael G $299,000 None Available
Mcilwain James M $1,500 None Available
Mcilwain James M $1,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Michael G $299,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $299,000 0.0% $210 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $299,000 -- $210 / 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 $1,906 $261,567 $17,940 $243,627
2023 $1,906 $261,567 $17,940 $243,627
2022 $1,060 $117,809 $13,800 $104,009
2021 $1,054 $117,809 $13,800 $104,009
2020 $1,050 $117,809 $13,800 $104,009
2019 $1,050 $117,809 $13,800 $104,009
2018 $1,031 $115,498 $13,800 $101,698
2017 $1,025 $115,083 $13,800 $101,283
2016 $1,003 $115,083 $13,800 $101,283
2015 $1,000 $115,083 $13,800 $101,283
2014 $946 $108,598 $14,400 $94,198
2013 $946 $108,598 $14,400 $94,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3744209

Canopy MLS (Canopy Realtor® Association)

APN: 10514