NOT LISTED FOR SALE

148 Payton Ln Elk Park, NC 28622

Estimated Value: $242,000 - $326,000

2 Beds
1 Bath
748 Sq Ft
$375/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $210,000 $281 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,566/month

Highlights

  • Spa
  • Views of Trees
  • Furnished
  • Cranberry Middle School Rated 9+
  • Mountain Architecture
  • No HOA

About This Home

As of October 2021

Back on Market! Buyer got cold feet! Cozy little cabin located in Elk Park! This 2 Bedroom, 1 Bathroom, 748sqft cabin is perfect for those searching for an affordable and private home in the mountains! Inside it features a complete kitchen with dining area as well as living room with stone gas log fireplace. The main floor also has a full bathroom, large storage closet, and stackable washer and dryer. Upstairs you'll find each of the homes bedrooms. The exterior offers just as much as inside with a large covered deck compete with hot tub, rocking chairs and swing. Small mountain views are visible from here as well! There is also a possible location for a fire pit off the front left corner of the home. Beautiful bouldered lot. Well build home with lots of stone and log. Would make for excellent Airbnb / VRBO vacation rental. Home is being sold furnished.

Last Agent to Sell the Property

Brandon Freyer

Keller Williams High Country Listed on: 08/12/2021

Keller Williams High Country

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $657

Year Built

  • Built in 2002

Lot Details

  • 0.52 Acre Lot
  • Property fronts a private road

Property Views

  • Trees
  • Mountain

Home Design

  • Mountain Architecture
  • Cottage
  • Log Cabin
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Log Siding
  • Masonry
  • Stone

Interior Spaces

  • 748 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stone Fireplace
  • Gas Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

  • Freedom Trail Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Shared Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1839-00-52-2932-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$657

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 748.0
  • Architectural Style: Cottage, Log Home, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: One, Gas, Stone, Vented, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furnished, See Remarks
  • Living Area: 748.0
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s), Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Masonry, Stone, Wood Siding, Wood Frame
  • Exterior Features: Hot Tub/Spa
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Gravel, No Garage, Shared Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Fireplace(s), Gas, Propane, Wood
  • Sewer: Private Sewer
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Freedom Trail
  • High School: Avery County

Lot Info

  • Parcel #: 1839-00-52-2932-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 657.0
  • Tax Book Number: 479/1863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 25, 2021
Sold by
Kangas Barbara L
Bought by
Anderson Dustin
Seller's Agent
Brandon Freyer
Keller Williams High Country
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$280,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,452
Avg. Annual Appreciation
8.90%
Original Mortgage
$199,500
Outstanding Balance
$182,320
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$110,235

Purchase Details

Closed on
May 17, 2007
Sold by
Holmstrom Thomas Edwin and Holmstrom Deann M
Bought by
Barger John and Barger Rebecca C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Anderson Dustin $210,000 None Available
Barger John $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Dustin $199,500
Previous Owner Barger John $82,000
Previous Owner Holmstrom Thomas E $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $210,000 0.0% $281 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $210,000 -- $281 / 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
2024 $862 $215,500 $16,500 $199,000
2023 $862 $215,500 $16,500 $199,000
2022 $862 $215,500 $16,500 $199,000
2021 $657 $119,500 $12,700 $106,800
2020 $657 $119,500 $12,700 $106,800
2019 $657 $119,500 $12,700 $106,800
2018 $657 $119,500 $12,700 $106,800
2017 $684 $124,300 $0 $0
2016 $556 $124,300 $0 $0
2015 $556 $124,300 $12,700 $111,600
2012 -- $139,300 $18,200 $121,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 232631

High Country Association of REALTORS®

APN: 1839-00-52-2932-00000