5111 Ponderosa Dr Conover, NC 28613
Property details
About 5111 Ponderosa Dr
Rental Income Investment Property on approximately 6.7 acres. 10 Duplexes with each building offering 2 Bedrooms/1 Bath per unit for a total of 20 units. Updates: 7 units updated, 2 units in process of updates, 1 unit partially updated and ready to rent. Recently installed 7 HVAC systems: 2022 (2), 2023 (2), 2024 (3) Property Maintenance Building for storing materials also has washer/dryer hookups and plumbing for restroom. Mail Boxes: owned by USPS and tenant must go through USPS to receive a new key for their mailbox. Outdoor security lights: 3 security lights and 1 motion light on maintenance building. Water: 5 wells w/3 having water treatment systems. Water safety testing has been done several times since purchase of property in 2021. Electric panel for well pumps located in property maintenance building. Utilities provided by owner: water(well), sewer(septic), trash. Tenant responsibility: Power(Duke Energy), Internet, TV service. Washer/Dryer: hookups in each unit.
Highlights
Summary
- MLS Number: 4225366
- Office Name: RE/MAX A-Team
- Office Email: Meredith@CarswellTeam.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,499,000
5111 Ponderosa Dr
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 04, 2012 | Home Sold | $625,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $163,700 | $855 |
| 2023 | $87,500 | $822 |
| 2022 | $87,500 | $608 |
| 2021 | $87,500 | $608 |
| 2020 | $87,500 | $608 |
History based on county public records data.
Nearby schools
6
Snow Creek Elementary School
Public District KG-6
1.3 mi
•3238 Snow Creek Rd NE
7
Clyde Campbell Elementary School
Public District KG-6
2.3 mi
•2121 35th Avenue Dr NE
6
Webb A. Murray Elementary School
Public District KG-6
2.4 mi
•3901 Section House Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,913. The most common annual income of people living in Conover, NC is between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Extreme Sports
Soccer
Where do the neighbors shop?
Dick's Sporting Goods
Academy Sports & Outdoors
Old Navy
Where do the neighbors go to eat?
Arbys
Little Caesars
Jimmy Johns
What do the neighbors drive?
GMC
Chevrolet
Lexus
What do the neighbors listen to?
Adult Hits
Country
New Country
This home is located at 5111 Ponderosa Dr in Conover, NC and zip code 28613. This 16,120 square foot home was built in 1981. Features: 40 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since March 2, 2025 and is currently priced at $3,499,000.
Over 2 listings were sold over their listed price in February 2025 in Conover, NC. In the same period over 8 listings were sold below the listed price and 1 listings were sold for the listed price. In February 2025 in Conover, NC there were 14.1% less homes for sale than in January. In February 2025, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $290,000.