NOT LISTED FOR SALE

159 Wallalieu Gap Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $791,000 - $2,230,000

4 Beds
4 Baths
3,732 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $650,000 $174 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,780/month

97 Days on Market

Highlights

  • Spa
  • RV Access or Parking
  • Custom Home
  • Home fronts a pond
  • Garage Apartment
  • 29.74 Acre Lot

About This Home

As of October 2020

WOW, is what you will say when you see this home with its own WATERFALL in the backyard that empties into your very own SWIMMING HOLE! Nestled in the mountains of WNC prepare to be overtaken by a sense of peacefulness on this 29 plus acres of pure serenity. The private setting & gorgeous grounds are the most magical you will see anywhere. From the moment you step inside this Luxurious home, the quality is evident. Beautiful hardwood floors, hand-stenciled ceilings & ornate details. Stepping inside the living room reveals vaulted ceilings with warm wood planks, wall to ceiling FP & a wall of windows that opens up to the spacious entertaining deck overlooking the waterfall & pond. The gourmet kitchen features lots of cabinet space, a big pantry, granite counter tops & stainless appliances with double ovens. On the main floor has the large master suite with a unique hand-painted spa-like master bath & its own screened in porch + another BR. While upstairs are 2 more BR's + a large loft area with its own wet barn & is big enough for a pool table. A 2 car attached garage + Barn/workshop with studio apartment are also included. The land has trails throughout, that is great for 4 wheeling

Last Agent to Sell the Property

Sheila Myers

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #215471 Listed on: 06/02/2020

Keller Williams Realty Of Franklin

Co-Listed By

Evelyn Owens

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #228116

Last Buyer's Agent

Anna Stager

Unique Properties Of Franklin License #187550

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1999

Lot Details

  • 29.74 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a state road
  • Private Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • 3 Garage Spaces | 2 Attached and 1 Detached
  • Garage Apartment
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Custom Home
  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Great Room
  • Living Area on First Floor
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Workshop
  • Screened Porch
  • Crawl Space
  • Laundry on main level
  • Property Views

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Spa Bath

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wallalieu Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6488378807

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,083

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 29.74
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 128
  • Co List Office Phone: 828-524-0100
  • Ownership: More than One Year
  • Subdivision Name: Wallalieu
  • Directions: Take 441 South to Otto, and make a right onto Wallalieu Gap Road. A short distance to the right at 159, at the KW arrow sign. Follow gravel drive all the way to the house. The property starts at my LO sign.
  • Architectural Style: Other-See Remarks, Custom
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1999
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub/Spa, Bath
  • Private Spa: Yes
  • Appliances: Gas/Propane Water Heater, Gas Oven/Range, Dishwasher, Refrigerator, Disposal, Other-See Remarks
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Two or More, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bonus Room, Large Master Bedroom, Ceramic Tile Bath, Great Room, Main Level Living, Open Floorplan, Workshop, Formal Dining Room, Primary w/Ensuite, Pantry, Ceiling Fan(s), Cathedral/Vaulted Ceiling, Primary on Main Level, Rec/Game Room, Other
  • Main Level Bathrooms: 3
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Room Bedroom4 Area: 209.43
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: Second
  • Room Bedroom3 Area: 275.66
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 149.64
  • Room Living Room Area: 442.7
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 197.12
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 15.4
  • Room Master Bedroom Area: 262.878
  • Room Dining Room Area: 143
  • Room Family Room Area: 306.54

Exterior Features

  • Lot Features: Private, Allow RVs, Level, Level Yard, Unrestricted, Other-See Remarks
  • View: View Year Round, Short Range View
  • View: Yes
  • Waterfront Features: Pond, Stream/Creek
  • Home Warranty: No
  • Construction Type: Wood Siding, Stone
  • Exterior Features: Other
  • Other Structures: Apartment Studio, Outbuilding/Workshop
  • Patio And Porch Features: Porch, Deck, Screened Porch/Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage-Single Detached, Garage-Double Attached, Garage Door Opener, Garage Apartment

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank, See Remarks
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 1295474.4
  • Parcel #: 6488378807
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3083.29
  • Tax Book Number: Q-36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Oct 1, 2020
Sold by
Grewe Keith and Grewe Barbara
Bought by
Bilbrey Ryan and Bilbrey Rebecca
Seller's Agent
Sheila Myers
Keller Williams Realty Of Franklin
Buyer's Agent
Anna Stager
Unique Properties Of Franklin
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$1,253,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,474
Avg. Annual Appreciation
13.16%
Original Mortgage
$510,400
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$799,500

Purchase Details

Listed on
Jan 7, 2015
Closed on
Feb 16, 2015
Sold by
Bank Of America Na
Bought by
Grewe Keith and Grewe Barbara
Seller's Agent
Benjamin Vanhook
Mountain Pro Real Estate Prof.
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Dec 20, 2013
Sold by
Brooks Thomas Patton and Brooks Melanie J
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 21, 2006
Sold by
Bat Leasing Co and Tiner William L
Bought by
Brooks Thomas P and Brooks Melanie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,143,750
Interest Rate
6.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
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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
Bilbrey Ryan $650,000 None Available
Grewe Keith $500,000 None Available
Bank Of America Na $601,000 None Available
Brooks Thomas P $1,525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilbrey Ryan $510,400
Previous Owner Brooks Thomas P $1,143,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2020 10/08/20 Sold $650,000 0.0% $174 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $650,000 +30.0% $174 / Sq Ft
02/20/2015 02/20/15 Sold $500,000 0.0% $134 / Sq Ft View Prior Sale
01/21/2015 01/21/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $500,000 -- $134 / Sq Ft
Source: Carolina Smokies 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 $3,251 $887,080 $165,450 $721,630
2024 $3,251 $887,080 $165,450 $721,630
2023 $3,353 $887,080 $165,450 $721,630
2022 $3,353 $619,760 $129,380 $490,380
2021 $3,353 $648,960 $129,380 $519,580
2020 $2,984 $648,960 $129,380 $519,580
2018 $2,993 $700,070 $157,210 $542,860
2017 $0 $700,070 $157,210 $542,860
2016 $2,993 $700,070 $157,210 $542,860
2015 $2,945 $700,070 $157,210 $542,860
2014 $4,708 $1,413,540 $789,800 $623,740
2013 -- $1,413,540 $789,800 $623,740
Source: Public Records

Agents Affiliated with this Home

  • Sheila Myers

    Seller's Agent in 2020

    Sheila Myers

    Keller Williams Realty Of Franklin

    (828) 342-0866

    16 in this area

    209 Total Sales

    Sheila Myers
    Section Image
  • Evelyn Owens

    Seller Co-Listing Agent in 2020

    Evelyn Owens

    Keller Williams Realty Of Franklin

    (828) 332-0088

    5 in this area

    156 Total Sales

    Evelyn Owens
    Section Image

  • A

    Buyer's Agent in 2020

    Anna Stager

    Unique Properties Of Franklin

    (828) 421-1916

    44 Total Sales

    Anna Stager
    Section Image

  • B

    Seller's Agent in 2015

    Benjamin Vanhook

    Mountain Pro Real Estate Prof.

    (828) 342-3071

    2 Total Sales

    Benjamin Vanhook
    Section Image
See All Agents

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26015810

APN: 6488378807

North Carolina Macon County Otto 28763 Otto

159 Wallalieu Gap Rd, Otto, NC

Not Listed for Sale

MultiFamily

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