NOT LISTED FOR SALE

Estimated Value: $388,000 - $462,000

2 Beds
2.5 Baths
2,486 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $380,000 $153 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,546/month

8 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Cathedral Ceiling
  • Clubhouse
  • Family Room with Fireplace
  • Workshop

About This Home

As of August 2023

Create your own mountain magic in Gingercake Acres! So much to love here: private one acre setting, modern open floor plan, soaring ceilings, large spacious rooms, two stone fireplaces, oversized double pane replacement windows that bring the beauty of the outdoors right inside, and proximity to the Linville Gorge Wilderness. Home has been very well maintained over the years. 400 SF workshop or storage for adventure gear in basement behind garage. Property includes adjacent vacant 0.49 acre lot for a total of 1 acre. Gingercake Acres borders the Pisgah Forest and miles and miles of hiking trails. Members enjoy a charming recreation area that includes pool, tennis/pickleball, playground and clubhouse. AT&T provides uverse internet to the neighborhood, but Buyer will need to verify availablity to this home. VA loan may possibly be assumable if Buyer is a veteran. No showings before 11AM and 24 hour notice required, please.

Last Agent to Sell the Property

Bobbie McCombs

McCombs & Hoke Real Estate License #169800 Listed on: 12/14/2022

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1966

Lot Details

  • 1 Acre Lot
  • Private Lot
  • Property is zoned RMU

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Bi-Level Home
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Partially Finished Basement

  • Interior and Exterior Basement Entry
  • Workshop

Outdoor Features

  • Patio
  • Rear Porch

Schools

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

Utilities

  • Baseboard Heating
  • Community Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1841416079,1841419104

Community Details

Overview

  • 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

$2,100

Year Built

Built in 1966

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1966
  • Restrictions: Short Term Rental Allowed,Subdivision
  • Road Surface Type: Asphalt
  • Unit Levels: Split Entry (Bi-Level)
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 152.86
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1688
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 810
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 810
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 1688
  • Has Basement: Basement Shop, Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 798
  • Door Features: Insulated Door(s), Storm Door(s)
  • Fireplace Features: Family Room, Gas Log, Living Room, Wood Burning
  • Living Area: 2486
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 13

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 3500
  • Construction Type: Stone, Wood
  • Patio And Porch Features: Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Garage

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Utility Room, Laundry Room
  • Cooling: None
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Recreation Area, Tennis Court(s)
  • Association Fee: 825
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: gingercake.acres@gmail.com

Association/Amenities

  • Association Annual Expense: 825.00

Schools

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

Lot Info

  • Lot Features: Private
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Parcel Number: 1841416079,1841419104
  • Zoning: RMU
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • Additional Parcels Description: Includes 1841416079 AND 1841419104
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RMU

MLS Schools

  • Elementary School: Crossnore
  • High School: Avery County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Jul 26, 2023
Sold by
Ollis Kenneth D and Ollis Edna J
Bought by
Wrenn Wilson William and Wrenn Marie Wilson
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
Buyer's Agent
Non Member
Canopy Administration
List Price
$376,000
Sold Price
$380,000
Premium/Discount to List
$4,000
1.06%
Views
18
Current Estimated Value
$432,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,197
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Mar 11, 2010
Sold by
Ray Richard M and Newsome William T
Bought by
Ray Richard M and Newsome William T
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
Wrenn Wilson William $760 None Listed On Document
Wrenn Wilson William $760 None Listed On Document
Ray Richard M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ollis Kenneth D $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $380,000 +1.1% $153 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/14/2022 12/14/22 For Sale $376,000 +4.4% $151 / Sq Ft
03/31/2022 03/31/22 Sold $360,000 0.0% $147 / Sq Ft
03/31/2022 03/31/22 Sold $360,000 -9.9% $147 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $399,699 0.0% $163 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
11/09/2021 11/09/21 Price Changed $399,699 -2.4% $163 / Sq Ft
11/03/2021 11/03/21 For Sale $409,500 +13.8% $167 / Sq Ft
09/25/2021 09/25/21 For Sale $360,000 -- $147 / 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 $2,100 $289,479 $39,121 $250,358
2023 $2,170 $299,511 $39,121 $260,390
2022 $1,751 $201,133 $30,091 $171,042
2021 $1,372 $201,133 $30,091 $171,042
2020 $1,741 $201,133 $30,091 $171,042
2019 $1,741 $201,133 $30,091 $171,042
2018 $1,508 $172,974 $30,091 $142,883
2017 $1,506 $172,974 $30,091 $142,883
2016 $1,475 $172,974 $30,091 $142,883
2015 $1,453 $170,636 $30,091 $140,545
2014 $1,451 $170,636 $30,091 $140,545
2013 $1,451 $170,636 $30,091 $140,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3930746

Canopy MLS (Canopy Realtor® Association)

APN: 14960