NOT LISTED FOR SALE

989 Summit Ridge Rd Purlear, NC 28665

Estimated Value: $166,700 - $181,000

20.08 Acres
$8,658 Price per Acre
874,685 Sq Ft Lot

Last Sold June 22, 2021

Last sale price $125,000

Est. 39% increase in value since last sale

Current estimated payment $1,066/month

171 Days on Market

Highlights

  • Views of Trees
  • 20.08 Acre Lot
  • Southern Exposure
  • West Wilkes Middle School Rated A-
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of June 2021

20.26 acres in a Peaceful and Secluded neighborhood. Enjoy the quiet, privacy, and wildlife on this large lot. Great for a GET AWAY Vacation or Hunting Cabin. Abundant wildlife. Make this area your permanent home site. Summit Ridge Road is a mature gravel road and kept in great condition by the HOA. There are potential mountain views with tree clearing. Southern Exposure. If you seek privacy this is a great neighborhood to find it. There is an existing well and 3 bedroom septic. The home on the lot will be cleared at the owner's expense. Please do not go inside the home for safety reasons.

Last Agent to Sell the Property

Teresa Buchanan

NextHome Mountain Realty Listed on: 12/02/2020

NextHome Mountain Realty

Last Buyer's Agent

Teresa Buchanan

NextHome Mountain Realty Listed on: 12/02/2020

NextHome Mountain Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $657

Lot Details

  • 20.08 Acre Lot
  • Property fronts a private road
  • Southern Exposure
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Zoning described as R-1,Residential,Subdivision

HOA Fees

  • $67 Monthly HOA Fees

Property Views

  • Trees
  • Peek-A-Boo
  • Seasonal

Schools

  • Millers Creek Elementary School
  • West Wilkes High School

Mobile Home

  • Mobile Home Allowed

Utilities

  • Private Water Source
  • Well

Community Details

  • Otherseeremarks Subdivision

Listing and Financial Details

  • Tax Lot 21 & 22
  • Assessor Parcel Number 2990-77-0459

Property Details

Property Type

Land

Est. Annual Taxes

$657

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 20.08
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: OtherSeeRemarks
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Lot Features: Mobile Home Allowed, Rolling Slope, Wooded
  • Topography: Rolling,Sloping
  • View: Partial, Seasonal View, Trees/Woods, Southern Exposure
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Septic Permit 3 Bedroom
  • Utilities: Electricity Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Millers Creek
  • High School: West Wilkes

Lot Info

  • Parcel #: 2990-77-0459
  • Zoning Description: R-1,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 657.0
  • Tax Book Number: 1223/379
  • Tax Lot: 21 & 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jun 9, 2021
Sold by
Brown Thomas J and Brown Rachel W
Bought by
Blosser Sean Thomas and Strickland Anita Lee
Seller's Agent
Teresa Buchanan
NextHome Mountain Realty
Buyer's Agent
Teresa Buchanan
NextHome Mountain Realty
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$173,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,850
Avg. Annual Appreciation
7.54%
Original Mortgage
$93,750
Outstanding Balance
$84,879
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$88,971

Purchase Details

Closed on
Apr 25, 1997
Bought by
Harrell Thomas Lee and Harrell Nancy Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blosser Sean Thomas $125,000 Miller & Johnson Pllc
Harrell Thomas Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blosser Sean Thomas $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2021 06/22/21 Sold $125,000 0.0% --
05/23/2021 05/23/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $125,000 +390.2% --
01/29/2016 01/29/16 Sold $25,500 -48.9% $14 / Sq Ft View Prior Sale
01/21/2016 01/21/16 Pending -- -- --
10/27/2015 10/27/15 For Sale $49,900 -- $26 / 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
2024 $1,090 $71,700 $69,300 $2,400
2023 $537 $71,700 $69,300 $2,400
2022 $537 $71,700 $69,300 $2,400
2021 $675 $88,840 $69,240 $19,600
2020 $657 $88,840 $69,240 $19,600
2019 $64,853 $88,840 $69,240 $19,600
2018 $646 $87,360 $0 $0
2017 $646 $87,360 $0 $0
2016 $646 $87,360 $0 $0
2015 $824 $108,440 $0 $0
2014 $824 $108,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 226861

High Country Association of REALTORS®

APN: 0800815