Estimated payment $2,635/month
Highlights
- 4.46 Acre Lot
- Partially Wooded Lot
- 1 Fireplace
- Elkin Middle School Rated A
- Wood Flooring
- No HOA
About This Home
Seize this prime investment opportunity in the heart of Elkin, NC! This offering includes two adjoining parcels equaling 4.46 acres—one zoned High-Density Residential and the other Highway Business, providing incredible flexibility for commercial or residential development. Situated on Johnson Ridge Road, just minutes from NC Highway 77 for excellent accessibility.Surrounded by growth, with new facilities being developed on neighboring lots.Near medical facilities, a hospital, restaurants, and essential amenities, making it an ideal spot for commercial ventures or high-density housing. Whether you're looking to develop a commercial enterprise, multi-family housing, or a mixed-use project, this versatile property offers unmatched potential in a rapidly expanding area. The NC DOT recommends converting Johnson Ridge Rd to a 3-lane road with sidewalks and 2 roundabouts—an upgrade included in Elkin’s 2030 Comprehensive Plan (see attachments). Septic permit could not be located by county.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,112
Year Built
- Built in 1950
Lot Details
- 4.46 Acre Lot
- Cleared Lot
- Partially Wooded Lot
- Property is zoned HDR & HB
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Asbestos
Interior Spaces
- 1,050 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Dryer Hookup
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Outdoor Storage
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 495219713904 & 49521961787
- 1% Total Tax Rate
Map
Home Values in the Area
Average Home Value in this Area
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 | $589 | $79,470 | $70,000 | $9,470 |
| 2023 | $301 | $79,470 | $70,000 | $9,470 |
| 2022 | $583 | $79,470 | $70,000 | $9,470 |
| 2021 | $592 | $79,470 | $70,000 | $9,470 |
| 2020 | $585 | $75,070 | $70,000 | $5,070 |
| 2019 | $582 | $75,070 | $70,000 | $5,070 |
| 2018 | $573 | $75,070 | $0 | $0 |
| 2017 | $596 | $75,070 | $0 | $0 |
| 2016 | $594 | $75,790 | $0 | $0 |
| 2013 | -- | $75,830 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $470,000 | -1.1% | $448 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $475,000 | -- | $452 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | None Listed On Document | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $136,363 | New Conventional |
Source: Triad MLS
MLS Number: 1174893
APN: 4952-19-71-3904
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