NOT LISTED FOR SALE

163 Moody Farm Rd Maggie Valley, NC 28751

Estimated Value: $610,000 - $673,000

11 Beds
9 Baths
2,871 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $940,000 $327 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $3,473/month

258 Days on Market

Highlights

  • Creek On Lot
  • Wood Flooring
  • Attached Garage
  • Jonathan Valley Elementary School Rated 9+
  • Cottage
  • 1-minute walk to Mountain View Creek Park

About This Home

As of June 2021

All your dreams can come true with this property! Enjoy working from your home while living on a mountain creek in Maggie Valley. This property offers a main house with 3 bedrooms and 3 baths and 6 additional rental cottages. Lots of opportunities for a family retreat and/or rental income - take your pick. Daily activities include golfing, fishing, tubing or just plain chilling. And if you want more excitement, your are approximately 30 minutes from Cherokee Casino and Resort and vibrant Asheville. Make your appointment today.

Last Agent to Sell the Property

Paulette Childers

Howard Hanna Beverly-Hanks Waynesville License #145785 Listed on: 07/29/2020

Co-Listed By

Wes Morgan

NAI Allen Tate Beverly-Hanks Commercial License #59934

Last Buyer's Agent

Barbara Newell

RE/MAX Executive License #255506

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 1.97

Parking

  • Attached Garage

Home Design

  • Cottage
  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • Gas Log Fireplace
  • Oven
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Creek On Lot
  • Fire Pit

Additional Features

  • Home fronts a stream
  • Heating System Uses Propane

Community Details

  • Community Playground

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 7696-78-4691

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Bungalow, Cottage
  • Ratio Close Price By List Price: 0.85455
  • Ratio Close Price By Original Li: 0.85455
  • Ratio Current Price By Acre: 477157.36
  • Ratio Current Price By Sq Ft: 327.41
  • Year Built: 1979
  • Property Features: Cable Available, Dishwasher, Fireplace, Porch/Patio, Range/Oven, Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 9
  • Total Bedrooms: 11
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main, Common Facility
  • Total Sq Ft: 2871

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Parking: Attached Garage

Utilities

  • Heating: Central Air, Electric Baseboard Heat, Electric Hot Air, Heat Pump - Heat, Propane, Wall Unit Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Laundry Room, Playground

Schools

  • Elementary School: Jonathan Valley
  • Middle School: Waynesville
  • High School: Tuscola

Lot Info

  • Lot Features: Creekfront, Flood Plain, Golf Course View, Paved Frontage, Stream/Creek, Year Round View
  • Lot Size Area: 1.970
  • Parcel Number: 7696-78-4691
  • Zoning Specification: MC-1

Rental Info

  • Rent Includes: All Utilities

Tax Info

  • Tax Location: Maggie Valley

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Jun 7, 2021
Sold by
Malmin Karl A and Malmin Dee A
Bought by
Barone Shaun
Seller's Agent
Paulette Childers
Howard Hanna Beverly-Hanks Waynesville
Buyer's Agent
Barbara Newell
RE/MAX Executive
List Price
$1,100,000
Sold Price
$940,000
Premium/Discount to List
-$160,000
-14.55%
Current Estimated Value
$629,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$310,096
Avg. Annual Appreciation
-8.77%
Original Mortgage
$392,000
Outstanding Balance
$354,907
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$274,997
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barone Shaun $490,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Shaun $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $940,000 -14.5% $327 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
07/29/2020 07/29/20 For Sale $1,100,000 -- $383 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $298,600 $65,900 $232,700
2024 $2,040 $298,600 $65,900 $232,700
2023 $2,040 $298,600 $65,900 $232,700
2022 $1,936 $298,600 $65,900 $232,700
2021 $1,936 $298,700 $66,000 $232,700
2020 $1,699 $238,700 $66,000 $172,700
2019 $1,704 $238,700 $66,000 $172,700
2018 $1,704 $238,700 $66,000 $172,700
2017 $1,704 $238,700 $0 $0
2016 $1,951 $285,400 $0 $0
2015 $1,951 $285,400 $0 $0
2014 $1,808 $285,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3646282

Canopy MLS (Canopy Realtor® Association)

APN: 7696-78-4691