NOT LISTED FOR SALE

165 Forbidden Cove Waynesville, NC 28785

Estimated Value: $721,000 - $866,000

3 Beds
3 Baths
2,250 Sq Ft
$346/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $630,000 $280 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,377/month

50 Days on Market

Highlights

  • Spa
  • Gated Community
  • Deck
  • Jonathan Valley Elementary School Rated 9+
  • Open Floorplan
  • Wooded Lot

About This Home

As of November 2022

Beautifully built cabin style home in gated community. Incredible opportunity to own a private mountain home w/year-round Mtn views on 6.23+/- acres. Live in this beautiful home or it can be an income-producing SHORT TERM RENTAL w/rental history. STR allowed 7 days min. Property subject to existing bookings. 3 BR, 3 BA, primary BR & sitting room + 2 BA on main floor. 2 BR, 1 BA in lower level + pull-out bed couch & touchscreen Infinity table w/multiple games for family fun. Loft w/Queen bed. Wood floors, custom kitchen w/breakfast bar comes fully stocked w/dishes & everything necessary for a STR, dining area, great room w/stone fireplace & vaulted ceiling, wet bar/coffee bar, office area. Wrap around expansive decking at each level w/hot tub. 1car garage. Close to ski slopes, Maggie Valley, Lake Junaluska, & approx 40 min from Asheville. Showing/appointments limited due to current STR booking obligations. TURNKEY W/FURNITURE.

Last Agent to Sell the Property

Deanna Gunning

Fathom Realty License #279764 Listed on: 09/13/2022

Fathom Realty

Last Buyer's Agent

Nedra Creason

RE/MAX Executive License #289291

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Wooded Lot
  • Zoning described as R1

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Cabin
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Ventless Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Basement

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Basement Garage
  • Side Facing Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Spa
  • Access to stream, creek or river
  • Deck
  • Wrap Around Porch

Schools

  • Waynesville Middle School
  • Tuscola High School

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7699-15-8919
  • Tax Block 1462-3

Community Details

Overview

  • Big Laurel Association
  • Big Laurel Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2001
  • Ratio Current Price By Acre: 101123.60
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 280.00
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Garden Tub, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1431
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 67
  • Porch: Covered,Deck,Porch-Wrap Around
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Dryer, Electric Oven, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 752
  • Fireplace Features: Ventless, Living Room
  • Living Area: 2250
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Waynesville
  • Construction Type: Site Built
  • Construction Type: Stone Veneer, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Basement, Garage - 1 Car, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Filtration System, Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Big Laurel
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Waynesville
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 350.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Creek/Stream, Wooded, Views, Winter View, Wooded, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 7699-15-8919
  • Plat Book Slide: 1058
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1462-3
  • RATIO List Price By Tax Amount: 1.40769

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Tuscola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Oct 30, 2022
Sold by
Gertler Yisrael and Gertler Rachel
Bought by
Kleine Constance Ryan and Kleine Paul Joseph
Seller's Agent
Deanna Gunning
Fathom Realty
Buyer's Agent
Nedra Creason
RE/MAX Executive
List Price
$655,000
Sold Price
$630,000
Premium/Discount to List
-$25,000
-3.82%
Views
58
Current Estimated Value
$778,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,487
Avg. Annual Appreciation
7.31%
Original Mortgage
$238,000
Outstanding Balance
$226,783
Interest Rate
4.75%
Mortgage Type
VA
Estimated Equity
$551,704

Purchase Details

Listed on
Sep 16, 2021
Closed on
Mar 18, 2022
Sold by
Derek Swanson
Bought by
Gertler Yisrael and Gertler Rachel
Seller's Agent
Irina Kopt Abrams
Reliance Realty LLC
Buyer's Agent
Lyn Smith
LPT Realty, LLC
List Price
$648,000
Sold Price
$573,000
Premium/Discount to List
-$75,000
-11.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$458,400
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2014
Closed on
Feb 19, 2016
Sold by
Norton Gordon Anthony and Norton Sue A
Bought by
Swanson Derek
Seller's Agent
Team Breese- Ron & Landen
Buyer's Agent
Denise Legendre
Preferred Properties
List Price
$435,420
Sold Price
$367,500
Premium/Discount to List
-$67,920
-15.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$293,600
Interest Rate
3.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Brooks Marion D and Brooks Kathy Z
Bought by
Norton Gordon Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
5.57%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Kleine Constance Ryan $630,000 None Listed On Document
Kleine Constance Ryan $630,000 None Listed On Document
Gertler Yisrael $573,000 Phillip C Price Law Firm Pllc
Swanson Derek $367,500 Attorney
Norton Gordon Anthony $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleine Constance Ryan $238,000
Closed Kleine Constance Ryan $238,000
Previous Owner Gertler Yisrael $458,400
Previous Owner Swanson Derek $293,600
Previous Owner Norton Gordon Anthony $41,000
Previous Owner Norton Gordon Anthony $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2022 11/02/22 Sold $630,000 -3.8% $280 / Sq Ft
09/13/2022 09/13/22 For Sale $655,000 +14.3% $291 / Sq Ft
03/23/2022 03/23/22 Sold $573,000 -4.5% $237 / Sq Ft View Prior Sale
01/23/2022 01/23/22 Pending -- -- --
01/16/2022 01/16/22 Price Changed $599,900 -8.1% $248 / Sq Ft
11/16/2021 11/16/21 Price Changed $653,000 +0.8% $270 / Sq Ft
11/15/2021 11/15/21 For Sale $648,000 0.0% $268 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $648,000 +76.3% $268 / Sq Ft
02/19/2016 02/19/16 Sold $367,500 -15.6% $152 / Sq Ft View Prior Sale
12/20/2015 12/20/15 Pending -- -- --
08/02/2014 08/02/14 For Sale $435,420 -- $180 / 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 -- $465,300 $102,800 $362,500
2024 $3,044 $465,300 $102,800 $362,500
2023 $3,044 $465,300 $102,800 $362,500
2022 $2,974 $465,300 $102,800 $362,500
2021 $2,974 $465,300 $102,800 $362,500
2020 $2,511 $359,100 $64,100 $295,000
2019 $2,516 $359,100 $64,100 $295,000
2018 $2,516 $359,100 $64,100 $295,000
2017 $2,516 $359,100 $0 $0
2016 $2,456 $360,300 $0 $0
2015 $2,456 $360,300 $0 $0
2014 $2,295 $360,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3904099

Canopy MLS (Canopy Realtor® Association)

APN: 7699-15-8919