NOT LISTED FOR SALE

Estimated Value: $172,000

0.4 Acre
$430,000 Price per Acre
17,424 Sq Ft Lot

Last Sold April 12, 2023

Last sale price $15,000

Est. 1,047% increase in value since last sale

Current estimated payment $1,075/month

47 Days on Market

Highlights

  • Wooded Lot
  • Cul-De-Sac
  • Access to stream, creek or river

About This Lot

As of April 2023

Enchanting setting with a pretty little stream on a quiet cul-de-sac in Gingercake Acres! Build your mountain getaway on 0.4 wooded acre lot accessed by private gravel road. Gingercake Acres is bordered by the Pisgah Forest and Linville Gorge Wilderness Area - a nature lover's paradise. Road maintenance dues are $125/year. Join Gingercake Recreation Club and enjoy neighborhood pool, tennis, pickleball, playground and clubhouse - additional fees apply. Mountain Electric provides electricity. Well and septic needed.

Last Agent to Sell the Property

Bobbie McCombs

McCombs & Hoke Real Estate Brokerage Email: bobbie@mccombsandhoke.com License #169800 Listed on: 02/09/2023

Last Buyer's Agent

Bobbie McCombs

McCombs & Hoke Real Estate Brokerage Email: bobbie@mccombsandhoke.com License #169800 Listed on: 02/09/2023

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned Burke, RMU

HOA Fees

  • $10 Monthly HOA Fees

Schools

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

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1841627021

Community Details

Overview

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

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: bobbie@mccombsandhoke.com
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • Exterior Features: Other - See Remarks
  • Road Frontage: 100

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: None
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Gingercake Acres
  • ResoAssociationFeeFrequency: Annually
  • Association Email: gingercake.acres@gmail.com

Association/Amenities

  • Association Annual Expense: 125.00

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Sloped, Creek/Stream, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 1841627021
  • Zoning: RMU
  • Can Be Subdivided: 0
  • Wooded Area: 0.4
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Burke

MLS Schools

  • Elementary School: Crossnore
  • High School: Avery County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 30, 2023
Sold by
Sharp Peggy G
Bought by
Noland Dean A and Noland Cheryl A
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
Buyer's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$25,000
Sold Price
$15,000
Premium/Discount to List
-$10,000
-40%
Views
36
Current Estimated Value
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,000
Source: Public Records
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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
Noland Dean A $15,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $15,000 -40.0% --
02/09/2023 02/09/23 For Sale $25,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2023 $217 $31,200 $31,200 $0
2022 $199 $24,000 $24,000 $0
2021 $199 $24,000 $24,000 $0
2019 $199 $24,000 $24,000 $0
2018 $199 $24,000 $24,000 $0
2017 $199 $24,000 $24,000 $0
2016 $196 $24,000 $24,000 $0
2015 $196 $24,000 $24,000 $0
2014 $196 $24,000 $24,000 $0
2013 $196 $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4000748

Canopy MLS (Canopy Realtor® Association)

APN: 26630

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