NOT LISTED FOR SALE

775 Wells Knob Rd Elkin, NC 28621

Estimated Value: $256,402

2 Beds
1.5 Baths
1,000 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $230,000 $230 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,436/month

20 Days on Market

Highlights

  • Secluded Lot
  • Partially Wooded Lot
  • Cottage
  • C B. Eller Elementary School Rated A-
  • No HOA
  • Views

About This Home

As of April 2022

Enjoy excellent mountain views from this move-in ready getaway on 5.68 acres at the top of Wells Knob. Home is furnished and features an open floor plan. From the kitchen and living room, enjoy large picture window with mountain views. Updated kitchen and bathroom. Faux wood flooring in kitchen and den, tile in bathroom and carpet in bedrooms. Wood paneling in den. Smooth ceilings. Recessed lighting in kitchen. Outside enjoy the views from the spacious deck. Roast marshmallows at the firepit. Two outbuildings for storage. Possible second building site. Nearby recreation includes Wells Knob trail as part of the Mountain-to-Sea trails(MST), Stone Mountain State Park, Blue Ridge Parkway, rivers, wineries, campgrounds, RV parks, golfing as well as mountain bike, ATV and equestrian trails. Fiber optic is available. Easy access to I-77 & Hwy 21. Historic downtown Elkin is 10+/- miles SE. 1.5 hrs North of Charlotte. 1 hr West of Winston-Salem *Use 770 Wells Knob for GPS directions*

Last Agent to Sell the Property

Robert Ball

Underdown, Ball & Associates, LLC License #184573 Listed on: 03/01/2022

Last Buyer's Agent

Taylor Williamson

Keller Williams Realty License #288990

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $621

Year Built

  • Built in 1998

Lot Details

  • 5.68 Acre Lot
  • Secluded Lot
  • Cleared Lot
  • Partially Wooded Lot

Home Design

  • Cottage
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 870 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1902825
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$621

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 5.68
  • Lot Size: see legal
  • Subdivision Name: None
  • Directions: N Bridge St & CC Camp Rd in Elkin take CC Camp Rd for 1.8 M; take RT on Austin Traphill Rd for 5.3 M; take RT on Mining Ridge Chrh Rd for 0.6 M;take LT on Wells Knob Rd for 1 M; Look for 775 on wood post at driveway. If using Waze; USE 770 Wells Knob Rd
  • Above Grade Finished Sq Ft: 870
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_BuiltInformation: Estimated
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 870
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Lot Features: Partially Cleared, Partially Wooded, Secluded, Views
  • Pool Features: None
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1902825
  • Zoning: None
  • TRIADMLS_AcresRange: 5 - 6

Tax Info

  • Tax Annual Amount: 621
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Mattos Thomas and Martz Deborah Marie
Bought by
Mattos Family Revocable Living Trust and Mattos
Current Estimated Value
$256,402

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 14, 2022
Sold by
Weeks Jessica J and Bonner John
Bought by
Mattos Thomas and Martz Deborah Marie
Seller's Agent
Robert Ball
Underdown, Ball & Associates, LLC
Buyer's Agent
Taylor Williamson
Keller Williams Realty
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$182,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 22, 2019
Sold by
Michael Huber and Michael Paula A
Bought by
Weeks Jessica J and Bryant John Bonner
Seller's Agent
Maureen O'Keefe
R2R Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$134,900
Sold Price
$131,400
Premium/Discount to List
-$3,500
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.77%
Original Mortgage
$105,120
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Bought by
Huber Michael
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mattos Family Revocable Living Trust -- None Listed On Document
Mattos Thomas $230,000 Atlas Law
Weeks Jessica J $131,500 Lewis Jennifer B
Huber Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mattos Thomas $182,000
Previous Owner Weeks Jessica J $105,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2022 04/28/22 Sold $230,000 +75.0% $329 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
12/18/2019 12/18/19 Sold $131,400 -2.6% $149 / Sq Ft View Prior Sale
10/25/2019 10/25/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $134,900 -- $153 / Sq Ft
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
2025 $1,242 $225,120 $63,500 $161,620
2024 $1,242 $79,600 $22,440 $57,160
2023 $612 $79,600 $22,440 $57,160
2022 $612 $79,600 $22,440 $57,160
2021 $612 $79,600 $22,440 $57,160
2020 $621 $79,600 $22,440 $57,160
2019 $62,088 $79,600 $22,440 $57,160
2018 $636 $80,490 $0 $0
2017 $636 $80,490 $0 $0
2016 $636 $80,490 $0 $0
2015 $612 $80,490 $0 $0
2014 $612 $80,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1060384

Triad MLS

APN: 1902825