$357,500
SOLD SEP 22, 2014

1280 Cathey Cove Rd Waynesville, NC 28786

3 Beds
7 Baths
4,684 Sq Ft
3.05 Acres

Recently Sold

$76 Per Sq Ft

11% Below List Price

12 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Breakfast Bar
  • Bethel Elementary Rated A-
  • Walk-In Closet
  • Garden Bath

About This Home

As of September 2021

Custom Eagles Nest design with breathtaking, broad, scenic views from every room. This home offers an expansive open living room, dining area, gourmet kitchen, master suite and guest wing on the main level. Lower level is complete with guest suites, rec room, office, heated workshop, and 2 car garage. A private place of reverie for all your friends and family.

Last Agent to Sell the Property

Michelle McElroy

Allen Tate/Beverly-Hanks Waynesville License #249893 Listed on: 08/11/2014

Allen Tate/Beverly-Hanks Waynesville

Last Buyer's Agent

Aaron Kraft

WEICHERT, Realtors - Unlimited License #241085

WEICHERT, Realtors - Unlimited

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • Insulated Windows
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 8635-88-6450

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.89397
  • Ratio Close Price By Original Li: 0.89397
  • Ratio Current Price By Acre: 117213.11
  • Ratio Current Price By Sq Ft: 76.32
  • Year Built: 2005
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bathrooms: 7.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, g-Insulated Door(s)
  • Equipment: Dryer, Dishwasher, Gas Range, Refrigerator, Wall Oven, Washer, Washer Connection, Gas Oven
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s), Garden Tub, Second Living Quarters
  • Room Count: 4
  • Second Living Quarters: Interior Connected
  • Sq Ft Basement: 1684
  • Main Level Sq Ft: 3000
  • Total Sq Ft: 4684
  • Sq Ft Unheated Basement: 1316

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Basement, Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace
  • Water: Well

Schools

  • Elementary School: Bethal
  • Middle School: Bethel
  • High School: Pisgah

Lot Info

  • Lot Features: Mountain View, Long Range View, Sloping
  • Lot Size Area: 3.050
  • Parcel Number: 8635-88-6450
  • Plat Reference Section Pages: 578
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 31, 2021
Sold by
Alexander James and Alexander Lisa
Bought by
Elkin Allyn M and Elkin Ebnjamin A
Seller's Agent
Madelyn Niemeyer
NextHome AVL Realty
Buyer's Agent
Madelyn Niemeyer
NextHome AVL Realty
List Price
$759,000
Sold Price
$770,000
Premium/Discount to List
$11,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$539,000
Outstanding Balance
$490,902
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$404,289

Purchase Details

Listed on
Aug 11, 2014
Closed on
Sep 16, 2014
Sold by
Jones William H and Jones Alecia C
Bought by
Alexander James and Alexander Lisa
Seller's Agent
Michelle McElroy
Allen Tate/Beverly-Hanks Waynesville
Buyer's Agent
Aaron Kraft
WEICHERT, Realtors - Unlimited
List Price
$399,900
Sold Price
$357,500
Premium/Discount to List
-$42,400
-10.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
Nov 3, 2003
Bought by
Jones William H and Jones Alecia C
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $770,000 None Available
Warranty Deed $357,500 None Available
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $539,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $865,000 +12.3% $173 / Sq Ft
09/03/2021 09/03/21 Sold $770,000 +1.4% $164 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $759,000 +112.3% $162 / Sq Ft
09/22/2014 09/22/14 Sold $357,500 -10.6% $76 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $399,900 -- $85 / 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 -- $499,200 $74,800 $424,400
2024 $3,379 $499,200 $74,800 $424,400
2023 $3,329 $499,200 $74,800 $424,400
2022 $3,254 $499,200 $74,800 $424,400
2021 $3,254 $499,200 $74,800 $424,400
2020 $2,735 $384,500 $56,100 $328,400
2019 $2,740 $384,500 $56,100 $328,400
2018 $2,740 $384,500 $56,100 $328,400
2017 $2,702 $384,500 $0 $0
2016 $2,649 $387,600 $0 $0
2015 $2,649 $387,600 $0 $0
2014 $2,481 $387,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM568424

Canopy MLS (Canopy Realtor® Association)

APN: 8635-88-6450