NOT LISTED FOR SALE

1073 Morgan Dr Penrose, NC 28766

Estimated Value: $366,000 - $776,000

2 Beds
2.5 Baths
2,058 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $374,000 $182 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,225/month

4 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Gas Log Fireplace
  • A-Frame Home
  • Wood Flooring

About This Home

As of June 2018

Rustic log home on 10 acres overlooking Dupont State Forest and Penrose valley! Top of the mountain location once part of "Spirit of the Mountains Retreat" and now available as a personal getaway. Rustic style with modern comforts in immaculate condition best describe this home. Perched on top of a mountain close to Dupont State Forest, Brevard, and Hendersonville. Schedule your showing today!

Last Agent to Sell the Property

Team Looking Glass Realty

Looking Glass Realty License #247247 Listed on: 04/19/2018

Last Buyer's Agent

Elizabeth Etheridge

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #218749

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Wood Flooring

Listing and Financial Details

  • Assessor Parcel Number 9515-96-3924-000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: A-Frame
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98681
  • Ratio Close Price By Original Li: 0.98681
  • Ratio Current Price By Acre: 37044.37
  • Ratio Current Price By Sq Ft: 181.73
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Block
  • Upper Level Sq Ft: 302
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Equipment: Dryer, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Propane
  • Fireplace: Yes
  • Fixture Exception Description: propane tank
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Open Floorplan
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 863
  • Main Level Sq Ft: 893
  • Total Sq Ft: 2058

Exterior Features

  • Construction: Concrete Block, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 2

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC
  • Sewer: Septic Tank
  • Water: Shared Well
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Mountain View, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 10.096
  • Parcel Number: 9515-96-3924-000
  • Plat Book Slide: 18/89
  • Plat Reference Section Pages: 465-467

Tax Info

  • Tax Value: 771220.00
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 1, 2018
Sold by
Spirit Of The Mountains Retreat Llc
Bought by
Wooten John Reid
Seller's Agent
Team Looking Glass Realty
Looking Glass Realty
Buyer's Agent
Elizabeth Etheridge
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$379,000
Sold Price
$374,000
Premium/Discount to List
-$5,000
-1.32%
Current Estimated Value
$574,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,720
Avg. Annual Appreciation
6.91%
Original Mortgage
$299,200
Outstanding Balance
$261,456
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$342,377

Purchase Details

Closed on
Oct 1, 1988
Bought by
Spirit Of The Mountains
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
Wooten John Reid $374,000 None Available
Spirit Of The Mountains -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooten John Reid $299,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $374,000 -1.3% $182 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $379,000 -- $184 / 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
2024 $1,125 $170,850 $170,850 $0
2023 $1,125 $170,850 $170,850 $0
2022 $1,125 $170,850 $170,850 $0
2021 $1,116 $170,850 $170,850 $0
2020 $1,189 $170,850 $0 $0
2019 $1,181 $630,070 $0 $0
2018 $4,715 $771,220 $0 $0
2017 $4,719 $771,220 $0 $0
2016 $4,692 $771,220 $0 $0
2015 $3,480 $740,100 $240,000 $500,100
2014 $3,480 $740,100 $240,000 $500,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3382698

Canopy MLS (Canopy Realtor® Association)

APN: 9515-96-3924-000