NOT LISTED FOR SALE

114 Chagee Ln Brevard, NC 28712

Estimated Value: $229,000 - $388,000

2 Beds
2 Baths
1,634 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $225,000 $138 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,993/month

146 Days on Market

Highlights

  • Covered Dock
  • Wooded Lot
  • Laundry closet
  • A-Frame Home
  • Separate Outdoor Workshop
  • 2-minute walk to Connestee Falls Overlook

About This Home

As of September 2024

A great opportunity to own an iconic A-Frame home in Connestee Falls; priced so that you can put your creative stamp on it! It has a prime location on a quiet street, is within walking distance of Lake Ticoa, and is a quick walk to a hiking trail to the Connestee Falls waterfall. Located on half an acre with a flat driveway, the lower price point for Transylvania County and the coveted golf community presents an excellent investment opportunity. OWNER IS INSTALLING NEW HEAT PUMP, AIR HANDLER, AND HEAT STRIPS. After improvements, this home will become the ideal affordable mountain getaway, tailored to your tastes and preferences. Connestee Falls offers proximity to the Dupont and the Pisgah Forests, a clubhouse, restaurants, pickleball, and a forest-like setting. First-time resident pays a one-time amenity fee of $13,000 at closing, or $15,000 if paid by the end of the calendar year. Short-term rentals are restricted to a 30-day minimum.

Last Agent to Sell the Property

Cathy Kaempfer

Connestee Falls Realty Brokerage Email: kirt.cathy@gmail.com License #311205 Listed on: 03/27/2024

Co-Listed By

Kirt Kaempfer

Connestee Falls Realty Brokerage Email: kirt.cathy@gmail.com License #306203

Last Buyer's Agent

DJ Golden

Connestee Falls Realty License #290484

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Wooded Lot

HOA Fees

  • $327 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • A-Frame Home
  • Metal Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Covered Dock
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Community Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8583-34-6669-000 & 8583-34-6692-000

Community Details

Overview

  • Connestee Falls Poa, Phone Number (828) 885-2001
  • Connestee Falls Subdivision
  • Mandatory home owners association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.46 Acres

HOA Fees

$327 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 1977
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 137.70
  • Geocode Confidence: High
  • Attribution Contact: kirt.cathy@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1127
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 507
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1634
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Propane
  • Living Area: 1634
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Waterfront Features: Boat Ramp – Community, Covered structure, Boat Slip – Community, Paddlesport Launch Site
  • Construction Type: Metal, Wood
  • Other Structures: Workshop

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 3924
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Connestee Falls POA
  • Phone: 828-885-2001
  • ResoAssociationFeeFrequency: Annually
  • Association Email: cfpoa@connesteefalls.com

Association/Amenities

  • Association Annual Expense: 3924.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 8583-34-6669-000 & 8583-34-6692-000
  • Additional Parcels Description: 8583-34-6692-000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Sep 23, 2024
Sold by
Nichols Frank S
Bought by
Niles Ramona and Niles Henry T
Seller's Agent
Cathy Kaempfer
Connestee Falls Realty
Buyer's Agent
DJ Golden
Connestee Falls Realty
List Price
$325,000
Sold Price
$225,000
Premium/Discount to List
-$100,000
-30.77%
Views
1301
Current Estimated Value
$300,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,598
Avg. Annual Appreciation
21.78%

Purchase Details

Closed on
Oct 1, 2002
Bought by
Nichols Frank S and Nichols Judith R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Niles Ramona $225,000 None Listed On Document
Nichols Frank S $115,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $225,000 -16.6% $138 / Sq Ft
07/18/2024 07/18/24 Price Changed $269,900 -5.3% $165 / Sq Ft
06/19/2024 06/19/24 Price Changed $285,000 -4.7% $174 / Sq Ft
04/26/2024 04/26/24 Price Changed $299,000 -8.0% $183 / Sq Ft
03/27/2024 03/27/24 For Sale $325,000 -- $199 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $1,220 $253,860 $40,000 $213,860
2024 $1,273 $193,380 $30,000 $163,380
2023 $1,273 $193,380 $30,000 $163,380
2022 $1,273 $193,380 $30,000 $163,380
2021 $1,263 $193,380 $30,000 $163,380
2020 $1,017 $146,150 $0 $0
2019 $1,010 $146,150 $0 $0
2018 $869 $146,150 $0 $0
2017 $859 $146,150 $0 $0
2016 $845 $146,150 $0 $0
2015 $753 $158,000 $30,000 $128,000
2014 $753 $158,000 $30,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4121958

Canopy MLS (Canopy Realtor® Association)

APN: 8583-34-6669-000

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