NOT LISTED FOR SALE

1378 Reasonover Rd Cedar Mountain, NC 28718

Cedar Mountain Neighborhood

Estimated Value: $304,000 - $772,436

54 Acres
$10,281 Price per Acre
2,339,172 Sq Ft Lot

Last Sold June 12, 2013

Last sale price $800,000 $505 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $3,119/month

597 Days on Market

Highlights

  • Corner Lot
  • Pasture
  • Home fronts a stream

About This Lot

As of June 2013

See virtual tour/youtube video! This dynamic property has everything a mountain property has to offer. Including over 25 acres of fenced pasture, adorn home, garage, barn, Long Range Mountain views, and adjoining "Little River" stocked full of wild trout. Located very close to Dupont State Forest with an elevation of 3000+ feet. A must see for any buyer seeking the perfect home.

Last Listed By

Team Looking Glass Realty

Looking Glass Realty License #247247 Listed on: 10/13/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $344

Year Built

  • 1960

Lot Details

  • Home fronts a stream
  • Corner Lot

Farming

  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 9513-60-5503-000

Property Details

Property Type

Land

Est. Annual Taxes

$344

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.80808
  • Ratio Close Price By Original Li: 0.80808
  • Ratio Current Price By Acre: 14897.58
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1960

Exterior Features

  • Publically Maintained Road: Yes
  • Cleared Acres: 25.00

Utilities

  • Sewer: Septic Tank
  • Water: Spring

Lot Info

  • Lot Features: Corner Lot, Pasture, Stream/Creek, Winter View, Year Round View
  • Lot Size Area: 53.700
  • Parcel Number: 9513-60-5503-000
  • Plat Reference Section Pages: 196
  • Wooded Acres: 28.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2011
Closed on
Jun 12, 2013
Sold by
Smith Guy W and Smith Rickie D
Bought by
Old Bishop Place Farm Llc
Seller's Agent
Team Looking Glass Realty
Looking Glass Realty
Buyer's Agent
Demi Loftis
Looking Glass Realty
List Price
$990,000
Sold Price
$800,000
Premium/Discount to List
-$190,000
-19.19%
Total Days on Market
597
Current Estimated Value
$552,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$247,891
Avg. Annual Appreciation
-3.05%

Purchase Details

Closed on
Aug 12, 2008
Sold by
Smith Guy W and Smith Rickie D
Bought by
Old Bishop Place Farm Llc

Purchase Details

Closed on
Jul 21, 2004
Sold by
Smith Guy W and Smith Rickie D
Bought by
Hooper George W and Hooper Maxine M

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 Buyer Sale Price Title Company
Old Bishop Place Farm Llc $800,000 Chicago Title Insurance Comp
Old Bishop Place Farm Llc $50,000 Chicago Title Insurance Insu
Hooper George W $56,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2013 06/12/13 Sold $800,000 -19.2% $505 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
10/13/2011 10/13/11 For Sale $990,000 -- $625 / 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
2024 $344 $52,280 $0 $0
2023 $266 $40,420 $0 $0
2022 $266 $40,420 $0 $0
2021 $264 $40,420 $0 $0
2020 $271 $38,960 $0 $0
2019 $269 $39,930 $0 $0
2018 $259 $39,930 $0 $0
2017 $259 $39,930 $0 $0
2016 $355 $39,930 $0 $0
2015 $943 $65,090 $421,660 $42,640
2014 $943 $495,600 $359,860 $135,740
Source: Public Records

Agents Affiliated with this Home

  • Demi Loftis

    Buyer's Agent in 2013

    Demi Loftis

    Looking Glass Realty

    (828) 553-8192

    9 in this area

    54 Total Sales

    Demi Loftis
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR508142

Canopy MLS (Canopy Realtor® Association)

APN: 9513-60-5503-000

North Carolina Transylvania County Cedar Mountain 28718 Cedar Mountain

1378 Reasonover Rd, Cedar Mountain, NC

Homes for Sale in Cedar Mountain, NC

This home is located at 1378 Reasonover Rd, Cedar Mountain, NC 28718 since 13 October 2011 and is currently estimated at $552,109, approximately $348 per square foot. This property was built in 1960. 1378 Reasonover Rd is a home located in Transylvania County.

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