$395,000
SOLD JAN 31, 2025

1001 Lake Apalachia Acres Dr Murphy, NC 28906

2 Beds
2 Baths
1,784 Sq Ft
1 Acres

Recently Sold

$221 Per Sq Ft

20% Below List Price

168 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Fireplace
  • Deck
  • No HOA
  • Central Heating and Cooling System

About This Home

As of January 2025

2/2 Log Siding cabin overlooking Lake Appalachia with wrap around deck for viewing, double car garage, gas fireplace in living room, wood heater in basement. Home is private with lake access to Wilderness Lake with only owners having access. Level area for yard and abundant parking

Last Agent to Sell the Property

Wayne Waston

Appalachian Land Company Brokerage Phone: 8288379199 License #171767 Listed on: 07/23/2024

Last Buyer's Agent

Dennise Jackson

Appalachian Land Company License #434820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,583

Year Built

  • Built in 1997

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Fireplace
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Deck
  • 1 Acre Lot

Community Details

  • No Home Owners Association
  • Lake Appalachia Acres Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 453500198189000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,583

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 1997
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Lot Size Acres: 1
  • Road Surface Type: Gravel
  • Water Body Name: Appalachia Lake
  • Subdivision Name: Lake Appalachia Acres
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Attribution Contact: 8288379199
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher, Disposal, Washer, Dryer
  • Has Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • Interior Amenities: Ceiling Fan(s), Sheetrock

Exterior Features

  • Roof: Shingle
  • View: Lake, Long Range
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Log Siding
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage, Gravel
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Cherokee County

Lot Info

  • Lot Size Sq Ft: 43560
  • Parcel #: 453500198189000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Jan 15, 2025
Sold by
Ferguson Living Trust and Ferguson Howard C
Bought by
Marti Barbara
Seller's Agent
Wayne Waston
Appalachian Land Company
Buyer's Agent
Dennise Jackson
Appalachian Land Company
List Price
$495,000
Sold Price
$395,000
Premium/Discount to List
-$100,000
-20.2%
Views
132
Current Estimated Value
$395,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264
Avg. Annual Appreciation
0.15%
Original Mortgage
$316,000
Outstanding Balance
$315,174
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$80,090
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 New Conventional
Previous Owner $158,300 New Conventional
Previous Owner $155,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $395,000 -3.7% $221 / Sq Ft
09/03/2024 09/03/24 Price Changed $410,000 -8.7% $230 / Sq Ft
08/13/2024 08/13/24 Price Changed $449,000 -9.3% $252 / Sq Ft
07/23/2024 07/23/24 For Sale $495,000 +280.8% $277 / Sq Ft
01/15/2013 01/15/13 Sold $130,000 0.0% $73 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $130,000 -- $73 / Sq Ft
Source: Northeast Georgia Board 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 $1,583 $223,720 $0 $0
2023 -- $223,720 $0 $0
2022 $0 $223,720 $0 $0
2021 $0 $223,720 $40,000 $183,720
2020 $1,183 $223,720 $0 $0
2019 $1,183 $194,020 $0 $0
2018 $1,183 $194,020 $0 $0
2017 $1,183 $194,020 $0 $0
2016 $1,183 $194,020 $0 $0
2015 $1,183 $194,020 $60,000 $134,020
2012 -- $194,020 $60,000 $134,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 406751

Northeast Georgia Board of REALTORS®

APN: 4535-00-19-8189-000