NOT LISTED FOR SALE

8671 Ridgeline Rd Unit 24 Nebo, NC 28761

Estimated Value: $657,926 - $921,000

1.03 Acres
$773,769 Price per Acre
44,867 Sq Ft Lot

Last Sold November 17, 2020

Last sale price $53,000

Est. 1,404% increase in value since last sale

Current estimated payment $4,765/month

358 Days on Market

About This Lot

As of November 2020

Large 1.03 acre, Easily accessible, gently sloping lot with breathtaking views of Shortoff Mountain! Pisgah Preserve is a 460 acre gated community with over 120 acres of open space and miles of walking trails. This log cabin community is only minutes from Lake James, public boat ramps, Bear Creek Marina and Restaurant, the Paddy's Creek State Park, and the Blue Ridge Parkway. The community is nestled against the Pisgah National Forest, guaranteeing privacy and nature access for generations! You must see this view to believe it.

Last Agent to Sell the Property

The Mitchell Team

ENRG Global Realty LLC License #87606 Listed on: 11/04/2019

ENRG Global Realty LLC

Last Buyer's Agent

Greg Shuffler

Fonta Flora Realty License #147122

Property Details

Property Type

  • Land

Year Built

  • 2023

Lot Details

HOA Fees

  • $30 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Septic Needed

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 1724-00-87-8450

Property Details

Property Type

Land

Year Built

2023

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88333
  • Ratio Close Price By Original Li: 0.88333
  • Ratio Current Price By Acre: 51456.31
  • Restrictions: Architectural Review
  • Special Features: None
  • Year Built (Public Record): 2023

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 360.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 317*135*301*205
  • Lot Features: Rolling, Wooded
  • Lot Size Area: 1.030
  • Parcel Number: 1724-00-87-8450
  • Zoning Specification: R-2
  • Wooded Acres: 1.03

Tax Info

  • Tax Value: 60000.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Nov 9, 2020
Sold by
Arenas Pablo I and Arenas Cheryl Ann
Bought by
Smith Timothy and Smith Maryia
Seller's Agent
The Mitchell Team
ENRG Global Realty LLC
Buyer's Agent
Greg Shuffler
Fonta Flora Realty
List Price
$60,000
Sold Price
$53,000
Premium/Discount to List
-$7,000
-11.67%
Total Days on Market
358
Current Estimated Value
$796,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,982
Avg. Annual Appreciation
77.89%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Ridgeline Investment Group Llc
Bought by
Arenas Pablo I and Arenas Cheryl Ann

Purchase Details

Closed on
Dec 15, 2011
Sold by
Hometrust Bank
Bought by
Cat Pisgah Investments Llc

Purchase Details

Closed on
Aug 10, 2011
Sold by
Creech Steven
Bought by
Home Trust Bank

Purchase Details

Closed on
Mar 16, 2006
Sold by
Ridgeline Investment Group Llc
Bought by
Creech Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
5.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Timothy $53,000 None Available
Arenas Pablo I -- None Available
Cat Pisgah Investments Llc $26,000 None Available
Home Trust Bank $24,500 None Available
Creech Steven $88,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Timothy $211,000
Closed Smith Timothy L $339,640
Previous Owner Creech Steven $74,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $53,000 -11.7% --
10/27/2020 10/27/20 Pending -- -- --
11/04/2019 11/04/19 For Sale $60,000 -- --
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 $3,127 $454,860 $60,000 $394,860
2023 $413 $60,000 $60,000 $0
2022 $384 $55,000 $55,000 $0
2021 $413 $60,000 $60,000 $0
2020 $419 $60,000 $0 $0
2019 $419 $0 $0 $0
2017 $384 $60,000 $0 $0
2016 $384 $0 $0 $0
2014 $366 $60,000 $60,000 $0
2013 -- $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3565809

Canopy MLS (Canopy Realtor® Association)

APN: 1724-00-87-8450