NOT LISTED FOR SALE

8335 Brookfield Rd Connelly Springs, NC 28612

Estimated Value: $877,100

3 Beds
3.5 Baths
33,696 Sq Ft
$26/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,000,000 $30 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,100/month

8 Days on Market

Highlights

  • Wooded Lot
  • Gated Home
  • Wood Siding
  • George Hildebrand Elementary School Rated 9+
  • Level Lot

About This Home

As of May 2024

This property has 48.18 acres and is located in the southern part of Burke County adjacent to the South Mountain State Park. This magnificent park in Burke County spans just under 21,000 acres and is the largest park in North Carolina. As a crow flies, this property is about 652 feet from the State Park. On this property is a 77-room exterior corridor hotel. The previous owners converted 4-8 of the rooms into one big residential living quarters in the hotel. A short distance from the hotel is a 6,586 sqft Restaurant/Conference Center. The hotel, restaurant/conference center haven't been used for approx. 20 years. This property was set up for a resort at one time. It has a pool, tennis courts, a putt-putt course, an outdoor amphitheater, and a confidence course. All of these amenities are outdated and will need to be restored. The previous owner had two wells installed in 2017. Both wells are over 1200 ft deep with 11 gal a min. each. There are fees associated with water and sewer usage

Last Agent to Sell the Property

Greg Shuffler

Fonta Flora Realty Brokerage Email: greg@fontaflorarealty.com License #147122 Listed on: 11/01/2023

Last Buyer's Agent

Chris Rybicki

Keller Williams Mtn Partners, LLC License #204056

Keller Williams Mtn Partners, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1973

Lot Details

  • Gated Home
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Wooded Lot

Home Design

  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • 33,696 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Parking Lot

Schools

  • George Hildebrand Elementary School
  • East Burke Middle School
  • East Burke High School

Utilities

  • Heat Pump System
  • Community Well
  • Private Sewer

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 2627963516

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,070

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1973
  • Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Concrete, Gated, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: greg@fontaflorarealty.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Foundation Details: Pillar/Post/Pier
  • Fireplace: No
  • Room Other: Primary Bedroom
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Owner Pays: Sewer, Water
  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 33696
  • Building Stories: 2

Exterior Features

  • Exterior Features: Tennis Court(s)
  • New Construction: No
  • Roof: Flat
  • Construction Type: Off Frame Modular
  • Fencing: Privacy, Wood
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, Parking Lot, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Private Sewer
  • Laundry Features: Common Area
  • Cooling: Heat Pump
  • Water Source: Community Well, Well

Condo/Co-op/Association

  • Community Features: Gated
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: East Burke
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Wooded, Views, Other - See Remarks
  • Lot Size Area: 48.18
  • Lot Size Units: Acres
  • Parcel Number: 2627963516
  • Plat Book Slide: 62/86
  • Horse Amenities: None
  • Additional Parcels Description: 2627855914, 2627863805, 2627864467, 2627858957, 2627859215
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-MU

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: Other
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 77

MLS Schools

  • Elementary School: George Hildebrand
  • High School: East Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2016
Sold by
Pine Mountain Resort Llc
Bought by
Waugh Fredric and Waugh Vonis
Current Estimated Value
$877,100
Source: Public Records

Range of Values:

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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
Waugh Fredric $750,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,000,000 -16.7% $30 / Sq Ft
02/27/2024 02/27/24 Price Changed $1,199,900 0.0% $36 / Sq Ft
02/27/2024 02/27/24 For Sale $1,199,900 +34.1% $36 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $895,000 -- $27 / 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 $3,070 $465,864 $95,250 $370,614
2023 $3,070 $441,158 $95,250 $345,908
2022 $2,612 $314,311 $38,100 $276,211
2021 $2,612 $314,311 $38,100 $276,211
2020 $2,560 $314,311 $38,100 $276,211
2019 $2,612 $314,311 $38,100 $276,211
2018 $4,296 $517,005 $38,100 $478,905
2017 $4,296 $517,005 $38,100 $478,905
2016 $4,599 $563,590 $38,100 $525,490
2015 $4,599 $563,590 $38,100 $525,490
2014 $4,599 $563,590 $38,100 $525,490
2013 $4,599 $563,590 $38,100 $525,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4083951

Canopy MLS (Canopy Realtor® Association)

APN: 31419