NOT LISTED FOR SALE

1 Lynnette Dr Fairview, NC 28730

Estimated Value: $504,000 - $691,000

3 Beds
2 Baths
2,241 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $613,000 $274 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,686/month

Highlights

  • Spa
  • Open Floorplan
  • Private Lot
  • Fairview Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of April 2023

Beautiful Yellow Pine Log Cabin in Fairview. Not only is this a beautiful home, but also a highly successful short-term rental. Located in a private setting and within an easy drive of numerous breweries as well as Asheville, NC, this log cabin is perfect for those looking for a peaceful retreat that is still close to all the action. This cabin offers; rustic charm and modern amenities, Secluded location for privacy and tranquility, 3 bedrooms with another bed/bonus and 2 bath, open-concept living area with a cozy fireplace for chilly evenings, kitchen with ample counter space for cooking and entertaining, front and side deck for enjoying the natural surroundings and hot tub. Downstairs features a second gathering room with games for all ages. Home also has a EV connection in the garage. Only a couple miles to the Blue Ridge Parkway

Last Listed By

Mike Feehley

Ivester Jackson Distinctive Properties Brokerage Email: mikefeehley@ivesterjackson.com License #245883 Listed on: 02/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1987

Lot Details

  • Private Lot
  • Property is zoned OU

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger

Home Design

  • Cabin
  • Slab Foundation
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Propane Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Spa
  • Deck
  • Wrap Around Porch

Schools

  • Fairview Elementary School
  • Cane Creek Middle School
  • Ac Reynolds High School

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Rainbow Ridge Association
  • Rainbow Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9686-57-9345-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,129

Year Built

Built in 1987

Lot Details

0

HOA Fees

$29 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1987
  • Special Assessment Description: none
  • Proposed Special Assessment Desc: None
  • Road Surface Type: Asphalt
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 273.54
  • Geocode Confidence: High
  • Attribution Contact: mikefeehley@ivesterjackson.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Open Floorplan, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1124
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 226
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Exhaust Fan, Microwave, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1350
  • Has Basement: Exterior Entry, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 891
  • Fireplace Features: Living Room, Propane
  • Living Area: 2241
  • Bedroom Main: 2
  • Room Count: 12
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Hot Tub, Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Log
  • Patio And Porch Features: Deck, Front Porch, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 251
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Electric Vehicle Charging Station(s), Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Rainbow Ridge
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 350.00

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private
  • Lot Size Area: 0.57
  • Lot Size Units: Acres
  • Parcel Number: 9686-57-9345-00000
  • Zoning: OU
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Apr 6, 2023
Sold by
Porpoise In Life Llc
Bought by
Robins Benjamin Saul and Robins Jennifer
Seller's Agent
Mike Feehley
Ivester Jackson Distinctive Properties
Buyer's Agent
Mike Feehley
Ivester Jackson Distinctive Properties
List Price
$625,000
Sold Price
$613,000
Premium/Discount to List
-$12,000
-1.92%
Views
10
Current Estimated Value
$627,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,666
Avg. Annual Appreciation
1.15%
Original Mortgage
$525,000
Outstanding Balance
$511,708
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$116,065

Purchase Details

Closed on
Jul 28, 2022
Sold by
John Feehley Ii Michael and Lyn Crystal
Bought by
Life Porpoise In

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 26, 2021
Sold by
Taylor Kevin J and Taylor Christine M
Bought by
Feehley Michael John and Feehley Crystal Lyn
Seller's Agent
Christina Galleg Merrill
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Mike Feehley
Ivester Jackson Distinctive Properties
List Price
$469,000
Sold Price
$450,581
Premium/Discount to List
-$18,419
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Robins Benjamin Saul $613,000 --
Life Porpoise In -- --
Feehley Michael John $450,000 Austin Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robins Benjamin Saul $525,000
Previous Owner Feehley Michael John $337,500
Previous Owner Taylor Kevin J $50,000
Previous Owner Taylor Kevin J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $613,000 -1.9% $274 / Sq Ft
02/25/2023 02/25/23 For Sale $625,000 +38.7% $279 / Sq Ft
08/27/2021 08/27/21 Sold $450,581 +1.3% $198 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $445,000 -5.1% $196 / Sq Ft
07/01/2021 07/01/21 For Sale $469,000 -- $207 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2023 $2,129 $302,900 $59,300 $243,600
2022 $1,917 $302,900 $0 $0
2021 $1,683 $265,900 $0 $0
2020 $1,340 $198,800 $0 $0
2019 $1,340 $198,800 $0 $0
2018 $1,280 $198,800 $0 $0
2017 $1,280 $197,000 $0 $0
2016 $1,397 $197,000 $0 $0
2015 $1,397 $197,000 $0 $0
2014 $1,397 $197,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4004847

Canopy MLS (Canopy Realtor® Association)

APN: 9686-57-9345-00000