$140,000
SOLD OCT 7, 2024

7 Legra Rd Grassy Creek, NC 28631

2 Beds
1 Bath
918 Sq Ft
1 Acres

Recently Sold

$153 Per Sq Ft

40% Below List Price

57 Days on Market

Highlights

  • River View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Attic
  • Cottage
  • Open Patio

About This Home

As of October 2024

Nestled in a serene setting overlooking the tranquil New River, this charming 2-bedroom, 1-bathroom cottage epitomizes cozy, one-level living. A haven for both relaxation and entertaining, the home features expansive decks that invite you to savor the outdoors and host gatherings under the open sky. Upon entering, the open kitchen and great room concept immediately impresses with its airy feel and abundant natural light. The kitchen, seamlessly flows into the living space, boasts modern amenities and ample counter space, great for preparing meals and engaging with guests. The entire area is adorned with durable wood flooring that enhances the warm, welcoming atmosphere. Outside, a spacious side yard beckons for outdoor activities and leisurely enjoyment, offering ample room for gardening or simply basking in the sunshine. Recent upgrades in the last few years include a new well pump, pressure tank, and modern PEX plumbing ensure reliability and efficiency, promising years of worry-free living.
New dishwasher installed in 2024. Heating is efficiently managed through Electrical Thermal Storage (ETS), a contemporary heating solution that ensures a cozy ambiance throughout the seasons.Located in an unrestricted area with no Property Owners Association (POA) fees, the property offers flexibility as both a short-term vacation rental and a long-term residence. Several access points to the New River are conveniently close by, providing opportunities for outdoor adventures such as fishing, kayaking, and scenic hikes. In summary, this cottage is not just a home but a retreat, perfectly poised to deliver comfort, convenience, and a connection to nature. Whether you seek a peaceful getaway or a permanent residence, this property promises a lifestyle enriched by its picturesque surroundings and modern amenities. Centrally located 20+ minutes to Sparta, West Jefferson and Independence. See today

Last Agent to Sell the Property

Chris Barr

Realty One Group Results Brokerage Phone: (336) 846-8111 Listed on: 07/04/2024

Realty One Group Results

Co-Listed By

Judson Blevins

Realty One Group Results Brokerage Phone: (336) 846-8111

Last Buyer's Agent

Chris Barr

Realty One Group Results Brokerage Phone: (336) 846-8111 Listed on: 07/04/2024

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1957

Lot Details

  • 1 Acre Lot

Property Views

  • River
  • Trees

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 918 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Crawl Space
  • Attic

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Shed
  • Outbuilding

Schools

  • Pineycreek Elementary School
  • Alleghany High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot lot 3, part lot 2
  • Assessor Parcel Number Portion of 3013029168

Home Details

Home Type

Single Family

Est. Annual Taxes

$746

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: 4014
  • Co List Office Phone: (336) 846-8111
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 918.0
  • Architectural Style: Cottage
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1957
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (336) 846-8111
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Attic, Window Treatments
  • Living Area: 918.0
  • Stories: 1
  • Window Features: Window Treatments

Exterior Features

  • View: Residential, River, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Masonry, Wood Siding, Wood Frame
  • Exterior Features: Out Building(s), Storage, Gravel Driveway
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Other, Radiant, See Remarks
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit Unavailable, Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: PineyCreek
  • High School: Alleghany

Lot Info

  • Parcel #: Portion of 3013029168
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 746.0
  • Tax Book Number: 392/1207
  • Tax Lot: lot 3, part lot 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Oct 7, 2024
Sold by
Phipps Austin C and Phipps Carlie O
Bought by
Phipps Dustin Lane and Phipps Kayla G
Seller's Agent
Chris Barr
Realty One Group Results
Buyer's Agent
Chris Barr
Realty One Group Results
List Price
$235,000
Sold Price
$140,000
Premium/Discount to List
-$95,000
-40.43%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.18%

Purchase Details

Closed on
Jun 6, 2018
Sold by
Phipps Jackson L and Phipps Beth
Bought by
Phipps Austin C and Phipps Carlie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 4, 2016
Sold by
Tynan Ii Joseph
Bought by
Phipps Jackson Lane

Purchase Details

Closed on
Jul 11, 2014
Sold by
Ewn Llc
Bought by
Tynan Ii Joseph

Purchase Details

Closed on
Feb 6, 2014
Sold by
Neighborhood Housing Group Llc
Bought by
Ewn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.55%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $140,000 None Listed On Document
Warranty Deed $53,500 --
Warranty Deed $50,500 None Available
Deed In Lieu Of Foreclosure -- None Available
Warranty Deed $115,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 Credit Line Revolving
Previous Owner $105,000 Credit Line Revolving
Previous Owner $65,000 Stand Alone Second
Previous Owner $115,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $375,989 +168.6% $388 / Sq Ft
10/07/2024 10/07/24 Sold $140,000 -40.4% $153 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
07/04/2024 07/04/24 For Sale $235,000 -- $256 / Sq Ft
Source: High Country Association of REALTORS®

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 $785 $104,600 $48,300 $56,300
2023 $785 $104,600 $48,300 $56,300
2022 $785 $104,600 $48,300 $56,300
2021 $770 $104,600 $48,300 $56,300
2020 $798 $109,000 $41,800 $67,200
2019 $749 $109,000 $41,800 $67,200
2018 $672 $109,000 $41,800 $67,200
2017 $629 $109,000 $41,800 $67,200
2016 $629 $109,000 $41,800 $67,200
2015 $616 $109,000 $41,800 $67,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 250748

High Country Association of REALTORS®

APN: 3013029168