NOT LISTED FOR SALE

1116 Cottage Trail Unit 11 Linville, NC 28646

Estimated Value: $1,302,000 - $1,899,000

3 Beds
3 Baths
3,100 Sq Ft
$488/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $805,000 $260 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,853/month

51 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Mountain View
  • Home fronts a pond
  • 2.79 Acre Lot
  • Private Membership Available

About This Home

As of July 2016

This sophisticated mountain cottage with panoramic Grandfather Mountain views features single-level living, vaulted-wood ceilings, two massive stone fireplaces, granite and tile baths, a spacious master suite, hardwood flooring and an open floor plan perfect for entertaining. A charming entry, private setting and established landscaping make this like-new home a must see. Offered furnished.

Last Agent to Sell the Property

Natalie Watson

Premier Sotheby's International Realty Listed on: 05/06/2016

Last Buyer's Agent

Jonathan Rivers

Premier Sotheby's International Realty- Banner Elk

Premier Sotheby's International Realty- Banner Elk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 1999

Lot Details

  • 2.79 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Mountain Architecture
  • Cottage
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Shake Siding
  • Cedar

Interior Spaces

  • 3,100 Sq Ft Home
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Mountain Views
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Banner Elk Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 185704822206

Community Details

Overview

  • Private Membership Available
  • Linville Ridge Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,564

Year Built

Built in 1999

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.79
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Linville Ridge
  • Above Grade Finished Sq Ft: 3100.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: Yes
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas, Stone, Vented
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 3100.0
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Cedar, Shake Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Open
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Gas, Propane, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Gated, Pool, Tennis Court(s)
  • Association Fee: 3954.64
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Banner Elk

Lot Info

  • Parcel #: 185704822206
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3564.18
  • Tax Book Number: 467/1706
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Jul 24, 2016
Sold by
Shackelford Edward Lee and Shackelford Beverly Kay
Bought by
Marceron Matthew B
Seller's Agent
Natalie Watson
Premier Sotheby's International Realty
Buyer's Agent
Jonathan Rivers
Premier Sotheby's International Realty- Banner Elk
List Price
$805,000
Sold Price
$805,000
Current Estimated Value
$1,513,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,333
Avg. Annual Appreciation
7.19%
Original Mortgage
$644,000
Outstanding Balance
$295,565
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,217,768
Source: Public Records

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
Marceron Matthew B $805,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marceron Matthew B $644,000
Previous Owner Linnert Terrence G $502,926
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2016 07/26/16 Sold $805,000 0.0% $260 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $805,000 -8.0% $260 / Sq Ft
08/31/2012 08/31/12 Sold $875,000 0.0% $282 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
05/26/2010 05/26/10 For Sale $875,000 -- $282 / Sq Ft
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 $3,326 $831,400 $156,300 $675,100
2023 $3,326 $831,400 $156,300 $675,100
2022 $3,326 $831,400 $156,300 $675,100
2021 $4,444 $808,000 $240,000 $568,000
2020 $4,444 $808,000 $240,000 $568,000
2019 $4,444 $808,000 $240,000 $568,000
2018 $4,444 $808,000 $240,000 $568,000
2017 $4,384 $797,000 $0 $0
2016 $3,564 $797,000 $0 $0
2015 $3,564 $797,000 $137,500 $659,500
2012 -- $1,138,700 $343,800 $794,900
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Natalie Watson

    Premier Sotheby's International Realty

  • Jonathan Rivers

    Buyer's Agent in 2016

    Jonathan Rivers

    Premier Sotheby's International Realty- Banner Elk

    (828) 766-3915

    27 in this area

    37 Total Sales

    Jonathan Rivers
    Section Image

  • P

    Seller's Agent in 2012

    Premier Sotheby's International Realty Sales Team

    Premier Sotheby's International Realty

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Map

Source: High Country Association of REALTORS®

MLS Number: 39201618

High Country Association of REALTORS®

APN: 1857-04-82-2206-00000

North Carolina Avery County Linville

1116 Cottage Trail Unit 11, Linville, NC

This home is located at 1116 Cottage Trail Unit 11, Linville, NC 28646 since 06 May 2016 and is currently estimated at $1,513,333, approximately $488 per square foot. This property was built in 1999. 1116 Cottage Trail Unit 11 is a home located in Avery County with nearby schools including Newland Elementary School and Avery Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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