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 $7,734 / 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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Olnick Bryan J $734,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 218239

High Country Association of REALTORS®

APN: 1981-00-2657-000

Your Personal Tour Guide

Ask me questions while you tour the home.