NOT LISTED FOR SALE

146 Otter Ln Spruce Pine, NC 28777

Estimated Value: $561,990 - $669,000

4 Beds
2.5 Baths
3,508 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $715,000 $204 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,387/month

105 Days on Market

Highlights

  • Views of Trees
  • Vaulted Ceiling
  • Mountain Architecture
  • Wood Burning Stove
  • Radiant Floor
  • No HOA

About This Home

As of July 2022

11.51 acres with hiking trails, 433' of Crabtree Creek frontage, a playground, a basketball court, a shooting range AND a beautiful cabin with a huge recreational room, all in a quiet setting on a cul-de-sac. Granite countertops, hickory floors, ceramic porcelain tile, primary bedroom on the main floor, 10' ceilings, water filtration system, radiant floor heat, ICE block foundation, new Pella windows as well as a generator are just some this home's features! 3 bedrooms with an additional room for office space or craft room. The land consists of 3 separate parcels, one of which has a septic tank for possible future dwelling. This well maintained cabin has been home for a full-time owner but short term rentals are allowed! Quiet neighborhood with minimal restrictions (no manufactured homes allowed). Near Little Switzerland's downtown and the Blue Ridge Parkway. 30 mins to Burnsville, 15 to Spruce Pine, an hour to Asheville or Boone. Internet/TV is through Country Cablevision.

Last Agent to Sell the Property

Ginger Gregory

Coldwell Banker Advantage Listed on: 03/28/2022

Coldwell Banker Advantage

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1999

Lot Details

  • 11.51 Acre Lot
  • Home fronts a stream
  • Property fronts a private road
  • Zoning described as Deed Restrictions

Property Views

  • Trees
  • Mountain

Home Design

  • Mountain Architecture
  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Double Pane Windows
  • Radiant Floor
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Built-In Double Convection Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Gravel Driveway

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Shed
  • Outbuilding
  • Wrap Around Porch

Schools

  • Outside Of Area Elementary School
  • Harris Middle School
  • Mitchell High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating
  • Power Generator
  • Private Water Source
  • Well
  • Gas Water Heater
  • Sewer Applied For Permit
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 0777-00-25-6747

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,376

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 11.51
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1306.0
  • Architectural Style: Log Home, Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1999
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Convection Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Refrigerator, Washer
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2202.0
  • Fireplace Features: One, Two, Stone, Wood Burning, Insert, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Handicap Access, Vaulted Ceiling(s)
  • Living Area: 3508.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s), Residential, Trees/Woods
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Home Warranty: No
  • Construction Type: Log, Stone, Wood Siding
  • Exterior Features: Out Building(s), Storage, Gravel Driveway
  • Foundation Details: Basement
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Other, See Remarks, Wrap Around
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, Private

Utilities

  • Laundry Features: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Radiant Floor, Radiant, Wood Stove
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Sewer Applied for Permit
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association Fee Frequency: Other
  • Association: No

Schools

  • Elementary School: Outside of Area
  • High School: Mitchell
  • Middle Or Junior School: Harris

Lot Info

  • Parcel #: 0777-00-25-6747
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2375.75
  • Tax Book Number: 300/496

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Jun 21, 2022
Sold by
Speer Matthew K and Speer Sharon E
Bought by
Segal Donald B and Segal Sharon A
Seller's Agent
Ginger Gregory
Coldwell Banker Advantage
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$738,000
Sold Price
$715,000
Premium/Discount to List
-$23,000
-3.12%
Current Estimated Value
$608,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,670
Avg. Annual Appreciation
-4.52%
Original Mortgage
$536,250
Outstanding Balance
$510,377
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$97,953
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Segal Donald B $715,000 Law Offices Of Richard J Maita
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segal Donald B $536,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $715,000 -3.1% $204 / Sq Ft
03/28/2022 03/28/22 For Sale $738,000 -- $210 / Sq Ft
Source: High Country Association of REALTORS®

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 $2,510 $392,200 $49,000 $343,200
2024 $2,471 $392,200 $49,000 $343,200
2023 $2,429 $385,600 $49,000 $336,600
2022 $2,528 $385,600 $49,000 $336,600
2021 $1,868 $287,400 $49,000 $238,400
2020 $1,868 $287,400 $49,000 $238,400
2019 $1,868 $287,400 $49,000 $238,400
2018 $1,868 $287,400 $49,000 $238,400
2017 $1,726 $265,500 $54,400 $211,100
2016 $1,593 $265,500 $54,400 $211,100
2015 $1,500 $265,500 $54,400 $211,100
2014 $1,382 $244,600 $54,400 $190,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Ginger Gregory

    Coldwell Banker Advantage

    Section Image

  • N

    Buyer's Agent in 2022

    NONMLS MEMBER

    NONMLS

    2,448 Total Sales

    NONMLS MEMBER
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 236305

High Country Association of REALTORS®

APN: 0777-00-25-6747

North Carolina Mitchell County Spruce Pine 28777

146 Otter Ln, Spruce Pine, NC

Not Listed for Sale

Detached

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