NOT LISTED FOR SALE

127 Abaco Dr Vilas, NC 28692

Estimated Value: $1,178,892

3 Beds
5 Baths
3,834 Sq Ft
$307/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2020

Last sale price $734,000 $191 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,690 / mo

114 Days on Market

Highlights

  • Fishing
  • Gated Community
  • Community Lake
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Wooded Lot

About This Home

As of March 2020

Luxurious mountain home w/ stunning views in prestigious Valle Cay subdivision: 3+ miles of hiking trails, 3 lakes & easy access to area attractions such as Blue Ridge Pkway, Grandfather Mtn, Appalachian Regional Healthcare System, 2 nearby airports, 3 ski slopes, App. St. Univ., fishing, kayaking, golf, whitewater rafting. This custom designed home on 1.3 acres is ideal for entertaining, w/ open floor plan & 2 levels w/ the possibility of multi-generational living. Wormy maple flooring throughout main level. Large great room, opening to an outdoor deck, w/ coffered ceilings & fireplace; kitchen w/ gas cooktop & pantry; master BR w/ bay window & large bath, 2 walk in closets w/ wormy maple built in cabinets & an oversized tile shower. Generous sized garage & utility room. This level also features a covered porch with fireplace. Custom built stairs leading to lower level have maple banisters. Lower level includes a 2nd spacious great room w/ stone & slate fireplace & distressed oak cabinetry, a 2nd deck; 2 bedrooms, huge storage room that could be an office or add'l sleeping area. There is a spacious eating area – part of a large room that would be ideal for many possible uses.

Last Agent to Sell the Property

Linda Klatt

BHHS Vincent Properties Listed on: 10/11/2019

BHHS Vincent Properties

Last Buyer's Agent

Jim Neustadt

Valle Crucis Log Cabin Rentals, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 2006

Lot Details

  • 1.3 Acre Lot
  • Home fronts a stream
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Residential,Subdivision

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Window Treatments
  • Wood Frame Window
  • Mountain Views

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Partially Finished Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 45
  • Assessor Parcel Number 1981-00-2657-000

Community Details

Overview

  • Valle Cay Subdivision
  • Community Lake

Recreation

  • Fishing
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,099

Year Built

Built in 2006

Lot Details

1.3 Acres

HOA Fees

$162 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Valle Cay
  • Above Grade Finished Sq Ft: 1957.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator
  • Has Basement: Crawl Space, Exterior Entry, Partially Finished, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1877.0
  • Fireplace Features: Three, Gas, Vented, Outside, Propane, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Window Treatments
  • Living Area: 3834.0
  • Stories: 2
  • Window Features: Wood Frames, Window Treatments

Exterior Features

  • Lot Features: Wooded
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open, Patio, Stone
  • Roof: Shake, Wood

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Car Garage, Gravel, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas, Propane, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 3 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Fishing, Gated, Lake, Trails/Paths, Long Term Rental Allowed
  • Association Fee: 1944.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 1981-00-2657-000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3099.25
  • Tax Book Number: 850/266
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Mar 3, 2020
Sold by
Allred G Dale G and Allred Patricia J
Bought by
Olnick Bryan J and Olnick Laura H
Seller's Agent
Linda Klatt
BHHS Vincent Properties
Buyer's Agent
Jim Neustadt
Valle Crucis Log Cabin Rentals, Inc
List Price
$734,000
Sold Price
$734,000
Current Estimated Value
$1,178,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,892
Original Mortgage
$400,000
Outstanding Balance
$277,641
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records
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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
Olnick Bryan J $734,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olnick Bryan J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2020 03/04/20 Sold $734,000 0.0% $191 / Sq Ft
03/03/2020 03/03/20 Sold $734,000 -5.0% $191 / Sq Ft View Prior Sale
02/03/2020 02/03/20 Pending -- -- --
01/21/2020 01/21/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $773,000 +5.3% $202 / Sq Ft
10/11/2019 10/11/19 For Sale $734,000 -- $191 / Sq Ft
Source: High Country Association of REALTORS®

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
2021 $0 $0 $0 $0
2020 $3,099 $666,500 $63,000 $603,500
2019 $3,099 $666,500 $63,000 $603,500
2018 $2,766 $666,500 $63,000 $603,500
2017 $2,499 $666,500 $63,000 $603,500
2013 -- $709,000 $63,000 $646,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 218239

High Country Association of REALTORS®

APN: 1981-00-2657-000

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