NOT LISTED FOR SALE

7060 Ridge Rd Tobaccoville, NC 27050

Estimated Value: $314,000 - $373,000

7 Acres
$49,985 Price per Acre
303,178 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $72,000

Est. 380% increase in value since last sale

Current estimated payment $1,900/month

93 Days on Market

Highlights

  • 6.96 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of November 2022

Developers take note! 6.9 acre parcel with road frontage and soil tests which have been completed. Perfect for multiple home sites or build your dream home with room to roam!

Last Agent to Sell the Property

Alison Vannoy

Southern Signature Properties License #285107 Listed on: 07/20/2022

Last Buyer's Agent

Veronika Weidl

Prestige Real Estate LLC License #291017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $456

Lot Details

  • 6.96 Acre Lot
  • Wooded Lot
  • Property is zoned RS40

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 4740
  • Assessor Parcel Number 5980423692000
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$456

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 6.96
  • Road Frontage Type: 2-Lane
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Hwy 52, Exit 120 Westinghouse Rd, turn left on Tobaccoville, right on Ridge Rd.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Wooded

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 5980423692000
  • Zoning: RS40
  • TRIADMLS_PricePerAcre: 10344.8276
  • TRIADMLS_DeedPage: 3853
  • TRIADMLS_DeedBook: 3687
  • TRIADMLS_AcresRange: 6 - 7

Tax Info

  • Tax Annual Amount: 456
  • Tax Block: 4740
  • Tax Lot: 1
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Wpws Construction Llc
Bought by
Snitzel George and Mcmahon Jaime
Current Estimated Value
$345,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$153,392
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$194,506

Purchase Details

Closed on
Nov 8, 2023
Sold by
Weidl Properties Llc
Bought by
Wpws Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,800
Interest Rate
7.31%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 20, 2022
Closed on
Nov 15, 2022
Sold by
Riverfront Ventures Llc
Bought by
Weidl Properties Llc
Seller's Agent
Alison Vannoy
Southern Signature Properties
Buyer's Agent
Veronika Weidl
Prestige Real Estate LLC
List Price
$90,000
Sold Price
$72,000
Premium/Discount to List
-$18,000
-20%
Views
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
78.83%

Purchase Details

Closed on
Dec 14, 2021
Sold by
Samuel Grace Hall and Samuel Wilbert Bouleware
Bought by
Samuel Wilbert B

Purchase Details

Closed on
Oct 29, 2003
Sold by
Center Grove Community Improvement & Rec
Bought by
Tobaccoville Community Center

Purchase Details

Closed on
Jul 27, 1994
Bought by
Samuel and Samuel
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
Snitzel George $338,000 None Listed On Document
Wpws Construction Llc -- None Listed On Document
Wpws Construction Llc -- None Listed On Document
Weidl Properties Llc $72,000 --
Samuel Wilbert B -- Chicago Title Insurance Co
Tobaccoville Community Center -- --
Samuel $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snitzel George R $155,000
Open Snitzel George $265,000
Previous Owner Wpws Construction Llc $297,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $72,000 +2.9% --
10/22/2022 10/22/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $70,000 -12.5% --
09/26/2022 09/26/22 Price Changed $80,000 -11.1% --
07/20/2022 07/20/22 For Sale $90,000 +25.0% --
04/11/2022 04/11/22 Sold $72,000 -- --
03/11/2022 03/11/22 Pending -- -- --
Source: Triad MLS

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 $110 -- -- --
2023 $110 -- -- --
2022 $457 $58,800 $58,800 $0
2021 $457 $58,800 $58,800 $0
2020 $466 $55,100 $55,100 $0
2019 $472 $55,100 $55,100 $0
2018 $453 $55,100 $55,100 $0
2016 $455 $55,122 $55,122 $0
2015 $455 $55,122 $55,122 $0
2014 $445 $55,122 $55,122 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1077935

Triad MLS

APN: 5980-42-3692