NOT LISTED FOR SALE

8773 W Pine St Lowgap, NC 27024

Estimated Value: $321,443

-- Bed
-- Bath
-- Sq Ft
0.4 Acres

Last Sold July 09, 2021

Last sale price $248,200

Est. 30% increase in value since last sale

Current estimated payment $1,876/month

50 Days on Market

About This Home

As of July 2021

Great investment property priced below tax value, on scenic NC Hwy 89 located in the mountain town of Lowgap NC. Well known Gas Station/Convenient Store and Cafe/Restaurant. Conveniently located 17 miles to Mount Airy NC, 12 Miles to Galax VA and only about 5 miles to the Blue Ridge Parkway National Park. Property includes older brick home. Store located on 0.4 acre and house on 0.67 acre. This icon was loved by locals and tourist alike. Get this much needed business up and running.

Last Agent to Sell the Property

Emma Jarrett

Advantage Realty License #304316 Listed on: 01/31/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 2008

Lot Details

  • Corner Lot
  • Property is zoned HB

Utilities

  • Private Water Source

Community Details

  • No Home Owners Association
  • 5,213 Sq Ft Building
  • Lowgap Store And Gri Community

Listing and Financial Details

  • Assessor Parcel Number 405103138616

Property Details

Property Type

Other

Est. Annual Taxes

$1,526

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Investment, Retail
  • Directions: From I-74 West take exit 6 onto NC-89 about 15 miles. Property is on right hand side of W. Pine / NC-89
  • Building Name: Lowgap Store and Gri
  • Year Built: 2008
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 405103138616
  • Zoning: HB
  • TRIADMLS_DeedPage: 0527
  • TRIADMLS_DeedBook: 00566
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Map Number: 4051031386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2021
Closed on
Jul 7, 2021
Sold by
Ccc Hldgs Co Llc
Bought by
S & D Real Estate Llc
Seller's Agent
Emma Jarrett
Advantage Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$269,900
Sold Price
$248,200
Premium/Discount to List
-$21,700
-8.04%
Current Estimated Value
$321,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,243
Original Mortgage
$198,560
Outstanding Balance
$182,253
Interest Rate
2.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 6, 2018
Sold by
Lowgap Grocerygill Llc
Bought by
Ccc Real Estate Hldg Co

Purchase Details

Closed on
Apr 11, 2013
Sold by
Lowgap Grocery & Grill Llc
Bought by
Lowgap Grocery & Grill Llc

Purchase Details

Closed on
Nov 1, 1994

Purchase Details

Closed on
Nov 1, 1991

Purchase Details

Closed on
Mar 1, 1982

Purchase Details

Closed on
Aug 1, 1966
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
S & D Real Estate Llc $248,500 None Available
Ccc Real Estate Hldg Co $449,000 --
Lowgap Grocery & Grill Llc -- None Available
-- $85,000 --
-- $85,000 --
-- $50,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & D Real Estate Llc $198,560
Previous Owner Lowgap Grocery & Grill Llc $200,000
Previous Owner Lowgap Grocery & Grill Llc $632,535
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $248,200 -8.0% --
03/23/2021 03/23/21 Pending -- -- --
01/31/2021 01/31/21 For Sale $269,900 -- --
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
2024 $1,526 $234,360 $33,000 $201,360
2023 $1,500 $234,360 $33,000 $201,360
2022 $1,500 $234,360 $33,000 $201,360
2021 $1,526 $234,360 $33,000 $201,360
2020 $1,578 $231,360 $30,000 $201,360
2019 $1,578 $231,360 $0 $0
2018 $1,454 $216,850 $0 $0
2017 $1,451 $216,850 $0 $0
2016 $1,436 $216,850 $0 $0
2013 -- $211,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Emma Jarrett

    Advantage Realty

  • N

    Buyer's Agent in 2021

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 1011306

Triad MLS

APN: 4051-03-13-8616

North Carolina Surry County Lowgap 27024

8773 W Pine St, Lowgap, NC

This home is located at 8773 W Pine St, Lowgap, NC 27024 since 31 January 2021 and is currently priced at $321,443. This property was built in 2008. 8773 W Pine St is a home located in Surry County with nearby schools including Cedar Ridge Elementary School, J. Sam Gentry Middle School, and North Surry High School.

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