NOT LISTED FOR SALE

1571 Vale Rd Newland, NC 28657

Estimated Value: $292,000 - $386,000

2 Beds
1 Bath
977 Sq Ft
$331/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $272,000 $278 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,720/month

6 Days on Market

Highlights

  • 2.27 Acre Lot
  • Deck
  • Wood Flooring
  • Creek or Stream View
  • Wooded Lot
  • No HOA

About This Home

As of September 2023

Quaint Mountain Home nestled in the woods of Western NC with over 3500 feet elevation. Two Bedroom, One Bath, large open great room with a fireplace. All rooms have high, sloped ceilings. Great area in the main BR that could be made into a cozy sleeping loft. There is also a portion of the attic that is floored that has potential for an additional sleeping loft. There are 2.27 acres with over 600 feet of creek frontage. There is also a small basement with windows. Located within five minutes of the town of Newland and Mountain Glen Golf Course, minutes to Banner Elk, Grandfather Mountain and all major Ski Resorts. You can be in Boone, NC or Johnson City, TN in approx 40 minutes and in Asheville, NC within an hour. If your looking for privacy, convenience and cool breezes.....This Is IT! (high speed internet available)

Last Agent to Sell the Property

Pam Braswell

Braswell Realty Inc. RM License #251439 Listed on: 08/13/2023

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 2.27 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Garden
  • Property is in good condition

Parking

  • Gravel Driveway

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Bungalow
  • Cabin
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 977 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Double Pane Windows
  • Great Room with Fireplace
  • Wood Flooring
  • Attic Floors

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck
  • Outdoor Storage
  • Front Porch

Schools

  • Newland Elementary School
  • Avery Middle School
  • Avery High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18360007280800000

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

2.27 Acres

Listing Details

  • Directions: Turn beside of Ingles Grocery store onto Vale road. The home is approximately 1.3 miles on the right.
  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Bungalow, Cabin
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.27
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Newland
  • General Property Description Middle School2: Avery
  • General Property Description High School3: Avery
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: Irregular
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 977.0
  • General Property Description Above Grade SqFt: 977.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 18360007280800000
  • General Property Description # Fireplaces: 1
  • View Mountain(s): Yes
  • AC Ceiling Fan(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Utilities Cable Available: Yes
  • Utilities Cable Connected: Yes
  • Foundation Block6: Yes
  • Fireplace Great Room: Yes
  • TopographyLot Description Cleared: Yes
  • View CreekStream: Yes
  • Basement Block4: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Other Structures Storage2: Yes
  • Heating Propane3: Yes
  • RoofAsphalt: Yes
  • TopographyLot Description Wooded: Yes
  • Water Private: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Has Basement: Block, Concrete, Exterior Entry
  • Flooring: Hardwood
  • Interior Amenities: Bar, Eat-in Kitchen
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Electric Range: Yes
  • Basement:Concrete3: Yes
  • Attic Features:Attic Floored: Yes
  • InteriorFeatures:Bar: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Asphalt
  • Other Structures: Storage
  • View: Mountain(s), Creek/Stream
  • Exterior Features: Garden
  • Acres: 2.27
  • Topography: Cleared, Level, Wooded
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Finish Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Fireplace(s), Forced Air, Propane
  • Sewer: Septic Tank
  • Utilities: Cable Available, Cable Connected
  • Laundry Features: Electric Dryer Hookup
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Well
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Newland
  • High School: Avery
  • Middle Or Junior School: Avery

Lot Info

  • Zoning: Residential
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 98881.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 18360007280800000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
Sep 15, 2023
Sold by
Malik Nancy E and Malik Gregg M
Bought by
Lingutla Sreekanth and Gaduputi Chowdary Srilaxmi
Seller's Agent
Pam Braswell
Braswell Realty Inc. RM
Buyer's Agent
Non Member
Non Member
List Price
$259,900
Sold Price
$272,000
Premium/Discount to List
$12,100
4.66%
Current Estimated Value
$323,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,556
Avg. Annual Appreciation
7.53%
Original Mortgage
$202,500
Outstanding Balance
$195,290
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$128,266

Purchase Details

Closed on
Jan 27, 2017
Sold by
Jackson Christopher O and Jackson Arlene M
Bought by
Malik Gregg M and Malik Nancy E

Purchase Details

Closed on
Oct 10, 2005
Sold by
Quina Robert M and Quina Kathleen H
Bought by
Jackson Christopher O and Jackson Arlene M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lingutla Sreekanth $275,000 None Listed On Document
Malik Gregg M $121,000 None Available
Jackson Christopher O $156,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lingutla Sreekanth $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $272,000 +4.7% $278 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $259,900 -- $266 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $631 $157,800 $27,400 $130,400
2024 $631 $156,300 $25,900 $130,400
2023 $631 $157,800 $27,400 $130,400
2022 $206 $157,800 $27,400 $130,400
2021 $613 $111,400 $18,100 $93,300
2020 $613 $111,400 $18,100 $93,300
2019 $630 $114,500 $21,200 $93,300
2018 $355 $114,500 $21,200 $93,300
2017 $570 $103,700 $0 $0
2016 $464 $103,700 $0 $0
2015 $464 $103,700 $21,200 $82,100
2012 -- $130,500 $31,700 $98,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pam Braswell

    Braswell Realty Inc. RM

    (423) 895-9993

    15 in this area

    71 Total Sales

    Pam Braswell
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non Member

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9955511

Tennessee/Virginia Regional MLS

APN: 1836-00-07-2808-00000

North Carolina Avery County Newland 28657

1571 Vale Rd, Newland, NC

Not Listed for Sale

Detached

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