NOT LISTED FOR SALE

988 Chestnut Ridge Trail Seven Devils, NC 28604

Estimated Value: $838,000 - $1,100,000

4 Beds
3.5 Baths
3,148 Sq Ft
$317/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $1,049,000 $333 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,158/month

126 Days on Market

Highlights

  • Spa
  • Mountain View
  • No HOA
  • Valle Crucis Elementary School Rated A-
  • Furnished
  • Log Cabin

About This Home

As of September 2023

Warmth, Views, Light, and Quality are just a few words that characterize this four-bedroom, three-and-a-half bath level entry genuine log cabin located in popular Seven Devils that will inspire as soon as you enter. Across the southeast valley, you can enjoy ranges from Raven Rocks, Calloway Peak, Chestnut Knob, and Rich Mountain. You can spread out throughout the three floors or congregate in the living room featuring vaulted ceilings, large windows, distinctive antler light feature, and is anchored by an impressive stone woodburning fireplace. Or, head downstairs to the recreation room with a pool table, foosball, and arcade. The primary bedroom is located on the main floor, whereas the upper floor has two bedrooms and the lowest level, a fourth bedroom. This home is sold fully furnished. How great is that? You can also make this a high-producing rental property if desired! This may be the one you’ve been looking for. Call your broker and take a look soon!

Last Agent to Sell the Property

Stacie Pineda

Stacie Pineda Real Estate Group Listed on: 05/03/2023

Stacie Pineda Real Estate Group

Last Buyer's Agent

Annette Beeler

Jenkins Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 2008

Lot Details

  • 0.44

Parking

  • No Garage

Home Design

  • Log Cabin
  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Spa
  • 0.44 Acre Lot

Community Details

  • No Home Owners Association
  • Alpine Meadows Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 26
  • Assessor Parcel Number 1878498657000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,275

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Road Surface Type: Gravel
  • Subdivision Name: Alpine Meadows
  • Above Grade Finished Sq Ft: 1943.0
  • Architectural Style: Log Home
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 773-4761
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1205.0
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Furnished, Hot Tub/Spa
  • Living Area: 3148.0
  • Stories: 3

Exterior Features

  • View: Long Range
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Hot Tub/Spa
  • Foundation Details: Basement
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1878498657000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3275.0
  • Tax Book Number: 2298/564
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Aug 25, 2023
Sold by
Ellis Real Estate Holdings Llc
Bought by
Farrell Frank Stanley and Farrell Glenda K
Seller's Agent
Stacie Pineda
Stacie Pineda Real Estate Group
Buyer's Agent
Annette Beeler
Jenkins Realtors
List Price
$1,190,000
Sold Price
$1,049,000
Premium/Discount to List
-$141,000
-11.85%
Views
73
Current Estimated Value
$1,081,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,188
Avg. Annual Appreciation
-2.13%
Original Mortgage
$839,200
Outstanding Balance
$814,589
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$182,730

Purchase Details

Listed on
Apr 27, 2022
Closed on
Sep 17, 2022
Sold by
Cepulo Ronald J and Cepulo Sylvia Y
Bought by
Ellis Real Estate Holdings Llc
Seller's Agent
Melinda Eggers
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Stacie Pineda
Stacie Pineda Real Estate Group
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%

Purchase Details

Closed on
Mar 10, 2006
Sold by
Dms 1031-1 Llc
Bought by
Cepulo Ronald J and Cepulo Sylvia Y

Purchase Details

Closed on
Sep 14, 2005
Sold by
Kapalko Kerry A and Kapalko Cheri A
Bought by
Dms 1031-1 Llc
Source: Public Records
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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
Farrell Frank Stanley -- None Listed On Document
Ellis Real Estate Holdings Llc $950,000 --
Cepulo Ronald J $5,000 None Available
Dms 1031-1 Llc $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Frank Stanley $839,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2023 09/07/23 Sold $1,049,000 0.0% $333 / Sq Ft
06/26/2023 06/26/23 Price Changed $1,049,000 -11.8% $333 / Sq Ft
05/03/2023 05/03/23 For Sale $1,190,000 +25.3% $378 / Sq Ft
09/22/2022 09/22/22 Sold $950,000 -7.3% $310 / Sq Ft View Prior Sale
08/19/2022 08/19/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $1,025,000 -4.7% $334 / Sq Ft
06/09/2022 06/09/22 Price Changed $1,075,000 -4.4% $350 / Sq Ft
05/18/2022 05/18/22 Price Changed $1,125,000 -2.2% $367 / Sq Ft
05/07/2022 05/07/22 For Sale $1,150,000 0.0% $375 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $1,150,000 -- $375 / Sq Ft
Source: High Country Association of REALTORS®

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 $6,065 $756,600 $34,300 $722,300
2024 $61 $756,600 $34,300 $722,300
2023 $6,042 $756,600 $34,300 $722,300
2022 $6,042 $756,600 $34,300 $722,300
2021 $3,781 $405,400 $38,200 $367,200
2020 $3,781 $405,400 $38,200 $367,200
2019 $3,781 $405,400 $38,200 $367,200
2018 $3,579 $405,400 $38,200 $367,200
2017 $3,579 $405,400 $38,200 $367,200
2013 -- $453,000 $28,600 $424,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 243084

High Country Association of REALTORS®

APN: 1878-49-8657-000