NOT LISTED FOR SALE

XX N Pinnacle Ridge Rd Beech Mountain, NC 28604

Estimated Value: $1,910,000

1.01 Acres
$1,891,089 Price per Acre
43,996 Sq Ft Lot

Last Sold July 29, 2020

Last sale price $86,500

Est. 2,108% increase in value since last sale

Current estimated payment $11,248/month

Highlights

  • Ski Accessible
  • Golf Course Community
  • 1.01 Acre Lot
  • Valle Crucis Elementary School Rated A-
  • Views of Trees
  • Private Membership Available

About This Lot

As of July 2020

This one acre+ property in a unique mountain subdivision at over 5000' in elevation already has an old dirt road from the 60s when the developer of Beech Mountain erected an observation deck at the back of Lot 4 (where the home is now being built). The road frontage wraps around the property where the road turns to gravel. A location sign is located about midway on the property and the underground utility taps for electricity and cable are on the right of the property. There are no POA fees at this time but paving the dirt road is being considered and discussed with the Town of Beech Mountain so a small assessment may need to be implemented at some time in the future for all Beech Ridge owners to assist with covering this cost. The Emerald Outback trails offer hiking and biking and are just down the road, an easy walk. Views from the back of the land are spectacular and the back portion drops off substantially to allow for a home to have uninterupted long range mountain and pastoral views from north to south. This is a rare opportunity to purchase acreage in a lovely subdivision with amazing views and the coolest of summer breezes. Club membership available.

Last Agent to Sell the Property

Debbie Canady

Superlative Realty Services Listed on: 06/13/2020

Last Buyer's Agent

Carol Spradling

Superlative Realty Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,136

Lot Details

  • 1.01 Acre Lot
  • Steep Slope
  • Wooded Lot
  • Zoning described as City,Deed Restrictions,Residential,Subdivision

Property Views

  • Trees
  • Pasture
  • Mountain

Schools

  • Valle Crucis Elementary School
  • Watauga High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1940-92-3288-000

Community Details

Overview

  • Property has a Home Owners Association
  • Private Membership Available
  • Fox Crest Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Trails
  • Ski Accessible

Property Details

Property Type

Land

Est. Annual Taxes

$1,136

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.01
  • Road Surface Type: Gravel
  • Subdivision Name: Fox Crest
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Acreage, Rolling Slope, Steep Slope, Wooded
  • Topography: Other,Rolling,Sloping
  • View: Long Range, Mountain(s), Pasture, Trees/Woods
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Golf, Lake, Skiing, Tennis Court(s), Trails/Paths
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis
  • High School: Watauga

Lot Info

  • Parcel #: 1940-92-3288-000
  • Zoning Description: City,Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1136.0
  • Tax Book Number: 1572/243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Jul 24, 2020
Sold by
Pomerantz Seth D and Pomerantz Geri E
Bought by
Tompkins Timothy R and Rice Paul E
Seller's Agent
Debbie Canady
Superlative Realty Services
Buyer's Agent
Carol Spradling
Superlative Realty Services
List Price
$86,500
Sold Price
$86,500
Current Estimated Value
$1,910,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,823,500
Avg. Annual Appreciation
63.22%

Purchase Details

Closed on
May 10, 2011
Sold by
Branch Banking And Trust Co
Bought by
Pomerantz Seth D and Pomerantz Geri E

Purchase Details

Closed on
Oct 12, 2009
Sold by
Jaffe George L and Jaffe Berta S
Bought by
Branch Banking And Trust Co
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
Tompkins Timothy R $86,500 None Available
Pomerantz Seth D $75,000 --
Branch Banking And Trust Co $136,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $86,500 0.0% --
06/29/2020 06/29/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $86,500 -- --
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 $13,456 $1,390,100 $85,100 $1,305,000
2023 $849 $1,043,700 $85,100 $958,600
2022 $9,233 $85,100 $85,100 $0
2021 $1,465 $100,100 $100,100 $0
2020 $403 $100,100 $100,100 $0
2019 $1,136 $100,100 $100,100 $0
2018 $1,086 $100,100 $100,100 $0
2017 $1,086 $100,100 $100,100 $0
2013 -- $25,100 $25,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 222432

High Country Association of REALTORS®

APN: 1940-92-3288-000