NOT LISTED FOR SALE

1692 Lake Tahoma Rd Marion, NC 28752

Estimated Value: $347,000 - $398,000

2 Beds
2 Baths
1,497 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $305,500 $204 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,167/month

84 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Fireplace
  • Ranch Style House
  • Separate Outdoor Workshop
  • Machine Shed

About This Home

As of August 2021

BACK ON THE MARKET! Buyer unable to secure financing. Now you have a chance to own this incredible property. Updated and open ranch home in popular Pleasant Gardens has everything you're looking for - new roof, new kitchen appliances, new spa-like bathroom, incredible heated/cooled garage, workshop with water and a finished gym space all on a level lot that overlooks beautiful Buck Creek. With two official bedrooms and a spacious bonus room, in addition to flowing living space a covered deck and an additional patio, the house offers room to grow and space to enjoy the river with family and friends. Only minutes from downtown Marion, and an easy drive to downtown Asheville, the 2-acre lot gives you easy access to schools, work and shopping but feels like a private retreat. The on-demand hot water heater and gas logs stove make utilities affordable and secure.

Last Agent to Sell the Property

Sam Rule

Town and Mountain Realty License #294251 Listed on: 04/22/2021

Last Buyer's Agent

Lisa Zinsmeister

Premier Sotheby’s International Realty License #306656

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 2.05

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Separate Outdoor Workshop
  • Level Lot
  • Machine Shed

Listing and Financial Details

  • Assessor Parcel Number 0782-00-89-6209

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 149024.39
  • Ratio Current Price By Sq Ft: 204.07
  • Year Built: 1952
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, g-Energy Star® Refrigerator, Propane, Refrigerator
  • Fireplace Description: Gas Unvented, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Garage Shop, Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 259
  • Main Level Sq Ft: 1497
  • Total Sq Ft: 1497

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Tractor Shed, Wired Internet Available, Workshop

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: g-On-Demand Water Heater

Schools

  • Elementary School: Pleasant Gardens
  • Middle School: West McDowell
  • High School: McDowell

Lot Info

  • Lot Features: Flood Fringe Area, Level, Views, Water view, Year Round View
  • Lot Size Area: 2.050
  • Parcel Number: 0782-00-89-6209
  • Zoning Specification: R-A1

Tax Info

  • Tax Value: 185350.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Aug 10, 2021
Sold by
Ewart Corey Tyler and Ewart Krissy Kay
Bought by
Borger Christopher Patrick and Humphrey Emily Ann
Seller's Agent
Sam Rule
Town and Mountain Realty
Buyer's Agent
Lisa Zinsmeister
Premier Sotheby’s International Realty
List Price
$305,500
Sold Price
$305,500
Current Estimated Value
$373,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,365
Avg. Annual Appreciation
7.72%
Original Mortgage
$274,950
Outstanding Balance
$252,696
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,099

Purchase Details

Closed on
Jul 6, 2016
Sold by
Buchanan Hugh Richard and Buchanan Murleen G
Bought by
Ewart Corey Tyler and Ewart Krissy Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2005
Sold by
Morris William Lee and Morris Kimberly S
Bought by
Buchanan Hugh Richard and Buchanan Murleen G
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
Borger Christopher Patrick $305,500 None Available
Ewart Corey Tyler $193,500 None Available
Buchanan Hugh Richard $177,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borger Christopher Patrick $274,950
Previous Owner Ewart Corey Tyler $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $305,500 0.0% $204 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $305,500 0.0% $204 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $305,500 0.0% $204 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $305,500 -- $204 / 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
2024 $1,605 $226,740 $30,000 $196,740
2023 $1,605 $226,740 $30,000 $196,740
2022 $1,331 $185,350 $27,500 $157,850
2021 $1,275 $185,350 $27,500 $157,850
2020 $1,294 $185,350 $0 $0
2019 $1,294 $149,250 $0 $0
2017 $986 $149,250 $0 $0
2016 $956 $141,200 $24,000 $117,200
2014 $940 $149,250 $24,000 $125,250
2013 -- $159,690 $24,000 $135,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3731879

Canopy MLS (Canopy Realtor® Association)

APN: 0782-00-89-6209