Seller's Agent in 2023
Tammy Cox
Howard Hanna Beverly-Hanks Waynesville
(828) 550-1389
79 Total Sales
154 Cedarwood Dr Waynesville, NC 28785
Estimated Value: $301,000 - $341,773
2
Beds
1.5
Baths
864
Sq Ft
$376/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Deck
- Covered Patio or Porch
- Jonathan Valley Elementary School Rated 9+
- Vaulted Ceiling
- Laundry Room
About This Home
As of March 2023Have you wanted an income producing property in the mountains? Look no further. This 5-Star vacation rental (using VRBO) has a proven record of success and comes with everything in the home: Furniture, decor, linens, etc. This lovely Log Cabin has been extensively renovated, new HVAC, metal roof, paved driveway, the list goes on and on. Current owners run this on the side while working full time jobs. You can continue on as it is, or take it to the next level by adding the home to other vacation sites. The first rental was May 2021 and has consistently rented since with gross revenue of $47,393 in just 20 months. Don't miss your chance for a proven money making property conveniently located between Waynesville and Maggie Valley, only 35 minutes to Asheville. Perfect for a money making vacation home or a full time residence.
Last Agent to Sell the Property
Howard Hanna Beverly-Hanks Waynesville License #308876 Listed on: 01/19/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1995
Lot Details
- 0.33 Acre Lot
HOA Fees
- $13 Monthly HOA Fees
Parking
- Driveway
Home Design
- Cabin
- Metal Roof
- Stone Siding
- Log Siding
Interior Spaces
- 864 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vaulted Ceiling
- Crawl Space
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Covered Patio or Porch
- Fire Pit
Schools
- Jonathan Valley Elementary School
- Waynesville Middle School
- Tuscola High School
Utilities
- Heat Pump System
- Electric Water Heater
- Septic Tank
Community Details
- Ron Martens Association, Phone Number (828) 507-2673
- Cedarwood Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 8608-15-4278
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2023
Closed on
Mar 1, 2023
Sold by
Sommers Rich and Sommers Tamra
Bought by
Htc 5 Llc
Seller's Agent
Tammy Cox
Howard Hanna Beverly-Hanks Waynesville
Buyer's Agent
Mike Szabo
EXP Realty LLC
List Price
$344,900
Sold Price
$325,000
Premium/Discount to List
-$19,900
-5.77%
Views
96
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193
Avg. Annual Appreciation
0.02%
Original Mortgage
$227,500
Outstanding Balance
$220,047
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$105,146
Purchase Details
Listed on
Jul 10, 2020
Closed on
Aug 7, 2020
Sold by
Martens Ronald W
Bought by
Sommers Rich and Sommers Tamra
Seller's Agent
Paul Heathman
Mountain Dreams Realty of WNC
Buyer's Agent
Tammy Cox
Howard Hanna Beverly-Hanks Waynesville
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.89%
Purchase Details
Closed on
Apr 4, 2017
Sold by
Martens Ronald W and Hunter Katherine S
Bought by
Martens Ronald W
Purchase Details
Closed on
Dec 27, 1994
Bought by
Martens Ronald W
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Htc 5 Llc | $325,000 | Chicago Title | |
| Htc 5 Llc | $325,000 | Chicago Title | |
| Sommers Rich | $145,000 | None Available | |
| Martens Ronald W | -- | None Available | |
| Martens Ronald W | $6,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Htc 5 Llc | $227,500 | |
| Closed | Htc 5 Llc | $227,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/02/2023 03/02/23 | Sold | $325,000 | -5.8% | $376 / Sq Ft | |
| 01/19/2023 01/19/23 | For Sale | $344,900 | +137.9% | $399 / Sq Ft | |
| 08/07/2020 08/07/20 | Sold | $145,000 | -6.4% | $168 / Sq Ft | View Prior Sale |
| 07/20/2020 07/20/20 | Pending | -- | -- | -- | |
| 07/10/2020 07/10/20 | For Sale | $154,900 | -- | $179 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | -- | $182,900 | $17,200 | $165,700 |
| 2024 | $1,289 | $182,300 | $17,200 | $165,100 |
| 2023 | $1,003 | $136,200 | $17,200 | $119,000 |
| 2022 | $983 | $136,200 | $17,200 | $119,000 |
| 2021 | $983 | $136,200 | $17,200 | $119,000 |
| 2020 | $856 | $106,400 | $17,200 | $89,200 |
| 2019 | $861 | $106,400 | $17,200 | $89,200 |
| 2018 | $861 | $106,400 | $17,200 | $89,200 |
| 2017 | $861 | $106,400 | $0 | $0 |
| 2016 | $824 | $103,800 | $0 | $0 |
| 2015 | $824 | $103,800 | $0 | $0 |
| 2014 | $727 | $103,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Cox
-
Mike Szabo
Buyer's Agent in 2023
Mike Szabo
EXP Realty LLC
(828) 338-8814
21 Total Sales
-
Paul Heathman
Seller's Agent in 2020
Paul Heathman
Mountain Dreams Realty of WNC
(828) 421-3655
49 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3936425
APN: 8608-15-4278
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