NOT LISTED FOR SALE

Estimated Value: $593,000 - $664,000

4 Beds
2 Baths
2,009 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $375,000 $187 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,640/month

258 Days on Market

Highlights

  • 4.9 Acre Lot
  • Mountain View
  • Deck
  • Open Floorplan
  • Clubhouse
  • Contemporary Architecture

About This Home

As of December 2018

Oh, the views! Layered southeastern panoramas to Morganton, Lenoir, and beyond. At over 3600 feet elevation, this 4BR/2BA contemporary home with soaring cathedral ceilings and expansive windows has a stone wood-burning fireplace, hardwood floors, gas furnace, multiple decks, master bedroom and bath on main level. Full unfinished basement with high ceilings is plumbed for 3rd bath and has walkout sliding doors in place. Gingercake Acres attracts outdoor enthusiasts who hike or mountain bike miles of trails near and in the adjacent Pisgah Forest and Linville Gorge Wilderness Area. Neighborhood tennis, pool, and clubhouse for homeowner's use. Appliances and furnishings stay. Home inspection available. Property includes home and lot and adjacent buildable lot for a total of 4.9 acres.

Last Agent to Sell the Property

Bobbie McCombs

McCombs & Hoke Real Estate Brokerage Email: bobbie@mccombsandhoke.com License #169800 Listed on: 02/28/2018

Last Buyer's Agent

Bobbie McCombs

McCombs & Hoke Real Estate Brokerage Email: bobbie@mccombsandhoke.com License #169800 Listed on: 02/28/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 1990

Lot Details

  • 4.9 Acre Lot
  • Level Lot
  • Property is zoned RMU

HOA Fees

  • $69 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Mountain Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Detached Carport Space
  • Basement Garage

Outdoor Features

  • Balcony
  • Deck
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Community Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1841716719 and 1841718512

Community Details

Overview

  • Gingercake Acres Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,493

Year Built

Built in 1990

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1990
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 186.66
  • Attribution Contact: bobbie@mccombsandhoke.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 980
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 980
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 980
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1029
  • Appliances: Dryer, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2009
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 2009
  • Bedroom Main: 1
  • Room Count: 8
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s)
  • Waterfront Features: None
  • Waterfront Elevation: 3500
  • Construction Type: Stone, Wood
  • Patio And Porch Features: Balcony, Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Carport

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Main Level
  • Utilities: Satellite Internet Available
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground
  • Association Fee: 825
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Level, Views
  • Lot Size Area: 4.9
  • Lot Size Units: Acres
  • Parcel Number: 1841716719 and 1841718512
  • Zoning: RMU
  • Lot Size Acres: 4.9
  • Lot Size: Irregular
  • Lot Size Sq Ft: 213444
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RMU

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Crossnore
  • High School: Avery County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Dec 17, 2018
Sold by
Heilig Eunice S
Bought by
Mccrory Douglas C and Mccrory Ana C
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
Buyer's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$335,000
Sold Price
$375,000
Premium/Discount to List
$40,000
11.94%
Current Estimated Value
$616,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,145
Avg. Annual Appreciation
7.55%
Original Mortgage
$300,000
Outstanding Balance
$228,720
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$387,425
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
Mccrory Douglas C $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrory Douglas C $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2018 12/17/18 Sold $375,000 0.0% $187 / Sq Ft View Prior Sale
12/17/2018 12/17/18 Sold $375,000 0.0% $187 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/13/2018 11/13/18 Price Changed $375,000 +15.4% $187 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $325,000 -3.0% $162 / Sq Ft
02/28/2018 02/28/18 For Sale $335,000 -10.7% $167 / Sq Ft
01/01/2018 01/01/18 For Sale $375,000 -- $187 / 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 $3,493 $492,915 $170,910 $322,005
2024 $3,514 $492,915 $170,910 $322,005
2023 $3,514 $492,915 $170,910 $322,005
2022 $2,466 $287,216 $102,558 $184,658
2021 $2,460 $287,216 $102,558 $184,658
2020 $2,456 $287,216 $102,558 $184,658
2019 $2,456 $287,216 $102,558 $184,658
2018 $2,545 $297,950 $102,558 $195,392
2017 $2,543 $297,950 $102,558 $195,392
2016 $1,889 $223,801 $102,646 $121,155
2015 $1,886 $223,801 $102,646 $121,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3364499

Canopy MLS (Canopy Realtor® Association)

APN: 17775