NOT LISTED FOR SALE

Estimated Value: $332,941 - $403,000

2 Beds
2 Baths
1,298 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $275,000 $212 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,094/month

5 Days on Market

Highlights

  • Clubhouse
  • Living Room with Fireplace
  • Tennis Courts
  • Deck
  • Community Pool
  • Covered Patio or Porch

About This Home

As of November 2023

A charmer of a cabin sitting on a sweet little creek in Gingercake Acres! Completely on one level - large open living/dining area with stone fireplace, 2 bedrooms, 2 full baths + large bonus/bed room with second stone fireplace. Ready for you to make it your own! Located on state-maintained Gingercake Road for easy year-round access. Gingercake Acres is bordered by the Linville Gorge Wilderness Area and Pisgah National Forest. Never run out of hiking trails! Neighborhood pool, clubhouse, tennis/pickle ball and recreation area. Most furnishings stay. Sellers have AT&T uverse internet - Buyer will need to verify ability to transfer. Home to be sold AS IS.

Last Agent to Sell the Property

Bobbie McCombs

McCombs & Hoke Real Estate Brokerage Email: bobbie@mccombsandhoke.com License #169800 Listed on: 09/14/2023

Last Buyer's Agent

Bobbie McCombs

McCombs & Hoke Real Estate Brokerage Email: bobbie@mccombsandhoke.com License #169800 Listed on: 09/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 1960

Lot Details

  • Property is zoned Burke, RMU

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,298 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Baseboard Heating
  • Community Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1841623520

Community Details

Overview

  • Gingercake Recreation Club Association
  • Gingercake Acres Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,288

Year Built

Built in 1960

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1960
  • Restrictions: Subdivision
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 211.86
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1298
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1298
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Bonus Room, Living Room
  • Living Area: 1298
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: Other - See Remarks
  • Waterfront Elevation: 3500
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Circular Driveway

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s)
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Recreation Area, Tennis Court(s)
  • Association Fee: 855
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Gingercake Recreation Club
  • ResoAssociationFeeFrequency: Annually
  • Association Email: gingercake.acres@gmail.com

Association/Amenities

  • Association Annual Expense: 855.00

Schools

  • Middle Or Junior School: Avery County
  • HOA Subject To: Required

Lot Info

  • Lot Features: Creek Front
  • Lot Size Area: 0.43
  • Lot Size Units: Acres
  • Parcel Number: 1841623520
  • Zoning: RMU
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Burke

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Crossnore
  • High School: Avery County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Cameron Smith Morrison-Mauney Trust and Smith Morrison-Mauney Cameron
Bought by
Smith Morrison-Mauney Cameron
Current Estimated Value
$359,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$224,619
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$135,366

Purchase Details

Closed on
Jan 21, 2025
Sold by
Smith Morrison-Mauney Cameron Kelly and Smith Morrison-Mauney Cameron
Bought by
Cameron Smith Morrison-Mauney Revocable Trust and Morrison-Mauney

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 5, 2023
Sold by
Teague Mary W and Teague George M
Bought by
Morrison-Mauney Maxwell G and Morrison-Mauney Cameron S
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
Buyer's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%
Original Mortgage
$220,000
Interest Rate
7.49%
Mortgage Type
New Conventional
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
Smith Morrison-Mauney Cameron -- None Listed On Document
Cameron Smith Morrison-Mauney Revocable Trust -- None Listed On Document
Cameron Smith Morrison-Mauney Revocable Trust -- None Listed On Document
Morrison-Mauney Maxwell G $275,000 None Listed On Document
Morrison-Mauney Maxwell G $275,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Morrison-Mauney Cameron $225,000
Previous Owner Morrison-Mauney Maxwell G $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $275,000 -8.0% $212 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $299,000 -- $230 / 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 $1,288 $173,320 $33,540 $139,780
2024 $1,293 $173,320 $33,540 $139,780
2023 $974 $127,490 $33,540 $93,950
2022 $873 $95,332 $25,800 $69,532
2021 $867 $95,332 $25,800 $69,532
2020 $863 $95,332 $25,800 $69,532
2019 $863 $95,332 $25,800 $69,532
2018 $843 $92,841 $25,800 $67,041
2017 $841 $92,841 $25,800 $67,041
2016 $822 $92,841 $25,800 $67,041
2015 $819 $92,841 $25,800 $67,041
2014 $817 $92,841 $25,800 $67,041
2013 $817 $92,841 $25,800 $67,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4069041

Canopy MLS (Canopy Realtor® Association)

APN: 27432