NOT LISTED FOR SALE

1227 Newfound Rd Leicester, NC 28748

Estimated Value: $488,000 - $872,000

3 Beds
1.5 Baths
1,442 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $835,000 $579 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,835/month

374 Days on Market

Highlights

  • Barn
  • Mountain View
  • Wooded Lot
  • 21.29 Acre Lot
  • Private Lot
  • Wood Flooring

About This Home

As of October 2023

Your search is over! Come and see 21 acres of private bliss found in a beautiful valley of Leicester. Open use zoning allows for a sea of opportunity. Make the investment and divide the property into lots, or live in the current home while building your dream home in the backyard. The home sits in the middle of the 21 acres with gentle rolling hills on both sides, creating privacy and beautiful views all around the property. As you enter the property, take the path to the left to see the Barn that sits on a cinderblock foundation. Currently used as a hayshed. Property currently has 6 rentable camp sites spread out. Seller is a licensed NC Broker.

Last Agent to Sell the Property

John Duncan

Seller Solutions Brokerage Email: john.sellersolutions@gmail.com License #333523 Listed on: 08/25/2022

Last Buyer's Agent

Chauncey Whiting

Keller Williams Mtn Partners, LLC License #309746

Keller Williams Mtn Partners, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1889

Lot Details

  • 21.29 Acre Lot
  • Fenced
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned OU

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Basement
  • Crawl Space

Kitchen

  • Oven
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • Leicester/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Hay Storage

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8689-74-7239-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,380

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1889
  • Restrictions: No Restrictions
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 579.06
  • Attribution Contact: john.sellersolutions@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 915
  • 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: 527
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Oven, Plumbed For Ice Maker, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1442
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Living Room, Wood Burning
  • Living Area: 1442
  • Bedroom Main: 1
  • Room Count: 8

Exterior Features

  • Exterior Features: Fence, Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 2000
  • Construction Type: Vinyl, Wood
  • Other Structures: Barn(s), Hay Storage
  • Patio And Porch Features: Covered, Front Porch, Side Porch

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Cable Available, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Pasture, Pond(s), Private, Rolling Slope, Wooded, Views
  • Lot Size Area: 21.29
  • Lot Size Units: Acres
  • Parcel Number: 8689-74-7239-00000
  • Zoning: OU
  • Plat Book Slide: 140/155
  • Plat Reference Section Pages: 140-155
  • Horse Amenities: Hay Storage
  • Lot Size Acres: 21.29
  • Lot Size Sq Ft: 927392
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Leicester/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jul 1, 2014
Sold by
Meyer Linda G
Bought by
Hara Jr John Bernard O
Seller's Agent
Richard Smith
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Richard Smith
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$310,000
Sold Price
$250,000
Premium/Discount to List
-$60,000
-19.35%
Current Estimated Value
$686,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,017
Avg. Annual Appreciation
9.36%
Original Mortgage
$250,000
Outstanding Balance
$190,711
Interest Rate
4.2%
Mortgage Type
VA
Estimated Equity
$495,307
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
Hara Jr John Bernard O $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hara Jr John Bernard O $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $835,000 -6.2% $579 / Sq Ft
08/30/2023 08/30/23 Price Changed $890,000 -9.2% $617 / Sq Ft
02/26/2023 02/26/23 For Sale $980,000 +17.4% $680 / Sq Ft
02/25/2023 02/25/23 Off Market $835,000 -- --
08/25/2022 08/25/22 For Sale $980,000 +292.0% $680 / Sq Ft
07/02/2014 07/02/14 Sold $250,000 -19.4% $191 / Sq Ft View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $310,000 -- $237 / 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
2025 $2,380 $361,800 $244,800 $117,000
2024 $2,380 $361,800 $259,800 $102,000
2023 $2,380 $361,800 $259,800 $102,000
2022 $2,224 $353,900 $259,800 $94,100
2021 $2,224 $353,900 $0 $0
2020 $1,770 $264,500 $0 $0
2019 $1,770 $264,500 $0 $0
2018 $1,770 $264,500 $0 $0
2017 $1,796 $260,100 $0 $0
2016 $1,935 $260,100 $0 $0
2015 $1,935 $260,100 $0 $0
2014 $1,835 $257,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3898577

Canopy MLS (Canopy Realtor® Association)

APN: 8689-74-7239-00000