NOT LISTED FOR SALE

7530 Gingercake Rd Newland, NC 28657

Burke Mountains Neighborhood

Estimated Value: $397,000 - $634,000

4 Beds
3 Baths
3,177 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2023

Last sale price $470,000 $148 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,230 / mo

200 Days on Market

Highlights

  • 4.28 Acre Lot
  • Mountain View
  • Living Room with Fireplace
  • Open Floorplan
  • Deck
  • Vaulted Ceiling

About This Home

As of February 2023

Beautiful custom home. The Pisgah Forest as a neighbor. You are welcomed by the open living space featuring bark and log accents, tile & hardwood flooring, gas log fireplace and custom lighting. The main level offers open living room and dining area, the Primary Bedroom with en suite bath and walk in closet, additional bedroom and guest bath. Kitchen features tile flooring and backsplash, granite countertops, breakfast nook, new cabinetry & new stainless steel appliances. Walking up the stairs, notice the original wood walls that are over 100 years old and the custom log handrails. The upstairs features vaulted ceilings and many gorgeous bark accents. Two additional bedrooms and a large third bathroom. There is also an unfinished basement that is completely heated and cooled. Enjoy the large yard with a seasonal views. Detached one car garage/storage shed. Ski slopes, Blue Ridge Parkway just minutes away. You truly must see in person to appreciate!

Last Agent to Sell the Property

Patricia Combs

Combs Carolina Properties Inc Brokerage Email: pcombs@brri.net License #220103 Listed on: 07/02/2022

Last Buyer's Agent

James Wells

EXP Realty LLC License #260367

EXP Realty LLC

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4.28 Acre Lot
  • Paved or Partially Paved Lot
  • Property is zoned Burke

Parking

  • 1 Car Garage
  • Basement Garage
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Propane Fireplace
  • Pocket Doors
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1841474175

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

4.28 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic, Traditional
  • Year Built: 1920
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 147.94
  • Attribution Contact: pcombs@brri.net
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1302
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 847
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2149
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Basement, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1028
  • Door Features: Pocket Doors, Storm Door(s)
  • Fireplace Features: Fire Pit, Gas Log, Gas Vented, Living Room, Propane
  • Living Area: 3177
  • Window Features: Storm Window(s)
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Mountain(s), Winter
  • Construction Type: Stone, Vinyl, Wood, Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Garage, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Utilities: Cable Available, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Avery County
  • HOA Subject To: None

Lot Info

  • Lot Features: Paved
  • Lot Size Units: Acres
  • Parcel Number: 1841474175
  • Lot Size Acres: 4.28
  • Lot Size Sq Ft: 186436
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Burke

MLS Schools

  • Elementary School: Crossnore
  • High School: Avery County

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Feb 16, 2023
Sold by
Bought by
Seller's Agent
Patricia Combs
Combs Carolina Properties Inc
Buyer's Agent
James Wells
EXP Realty LLC
List Price
$597,000
Sold Price
$470,000
Premium/Discount to List
-$127,000
-21.27%
Views
80
Current Estimated Value
$553,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,414
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Nov 10, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
8.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Burke Mountains, NC

  • Jeannie Conner Real Estate Agent - Greybeard Realty Old Fort Office

    Jeannie Conner

    Greybeard Realty Old Fort Office

    (828) 900-1600

    106 Total Sales

    1 in Burke Mountains

    $90,000 Price

    Jeannie Conner
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  • Chip Camp Real Estate Agent - Whitetail Properties Real Estate LLC

    Chip Camp

    Whitetail Properties Real Estate LLC

    (217) 407-7128

    220 Total Sales

    1 in Burke Mountains

    $465,000 Price

    Chip Camp
     Section Image
  • Elaine Register Real Estate Agent - True North Realty

    Elaine Register

    True North Realty

    (813) 761-2984

    33 Total Sales

    1 in Burke Mountains

    $25,000 Price

    Elaine Register
     Section Image
  • Connie Ray Real Estate Agent - Foxfire Real Estate, LLC

    Connie Ray

    Foxfire Real Estate, LLC

    (828) 520-0873

    93 Total Sales

    2 in Burke Mountains

    $285K - $360K Price Range

    Connie Ray
     Section Image

  • TB

    Terri Boyer

    Responds Quickly

    Keller Williams High Country

    (828) 457-7853

    139 Total Sales

    2 in Burke Mountains

    $24K - $275K Price Range

    Terri Boyer
     Section Image
  • Kelly Pittman Jones Real Estate Agent - Proper Realty LLC

    Kelly Pittman Jones

    Responds Quickly

    Proper Realty LLC

    (828) 520-0652

    74 Total Sales

    1 in Burke Mountains

    $365,000 Price

    Kelly Pittman Jones
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 --
-- None Available
$163,750 Transcontinental Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $168,579
Previous Owner $182,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/16/2023 02/16/23 Sold $470,000 -3.9% $148 / Sq Ft
01/19/2023 01/19/23 Price Changed $489,000 -4.1% $154 / Sq Ft
10/26/2022 10/26/22 Price Changed $510,000 -7.1% $161 / Sq Ft
08/23/2022 08/23/22 Price Changed $549,000 -4.5% $173 / Sq Ft
07/20/2022 07/20/22 Price Changed $575,000 -3.7% $181 / Sq Ft
07/02/2022 07/02/22 For Sale $597,000 -- $188 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,513 $495,746 $45,246 $450,500
2024 $3,387 $474,632 $45,246 $429,386
2023 $3,387 $474,632 $45,246 $429,386
2022 $1,221 $137,260 $27,029 $110,231
2021 $1,361 $154,794 $27,029 $127,765
2020 $1,357 $154,794 $27,029 $127,765
2019 $1,357 $154,794 $27,029 $127,765
2018 $1,256 $142,706 $27,028 $115,678
2017 $1,254 $142,706 $27,028 $115,678
2016 $1,228 $142,706 $27,028 $115,678
2015 $1,225 $142,706 $27,028 $115,678
2014 $1,224 $142,706 $27,028 $115,678
2013 $1,224 $142,706 $27,028 $115,678
Source: Public Records

Agents Affiliated with this Home

  • Patricia Combs Real Estate Agent - Combs Carolina Properties Inc

    Seller's Agent in 2023

    Patricia Combs

    Combs Carolina Properties Inc

    (828) 260-6932

    6 in this area

    48 Total Sales

    Patricia Combs
    Section Image

  • J

    Buyer's Agent in 2023

    James Wells

    EXP Realty LLC

    (828) 460-3847

    2 in this area

    73 Total Sales

    James Wells
    Section Image
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Map

Source: Canopy MLS

MLS Number: 3879740

Canopy MLS

APN: 23176

North Carolina Burke County Newland 28657 Burke Mountains

7530 Gingercake Rd, Newland, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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