NOT LISTED FOR SALE

Estimated Value: $96,000 - $187,000

2 Beds
1 Bath
600 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 03, 2015

Last sale price $37,000 $62 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $784/month

499 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • Wood Burning Fireplace
  • Cottage

About This Home

As of August 2015

Attention Investors, first-time home buyers, or 2nd home buyers! Here's your chance to be within minutes to Lake James, the cleanest, most scenic lake in NC! This bungalow was once a rustic log cabin and is now awaiting it's new owner to make new memories and call home! Freshly painted in neutral color. Hardwood flooring in main living area. New flooring in bath and 1st bedroom. Only 15 minutes to shop in Morganton or Marion, only 45 minutes to Asheville or Hickory and 90 minutes to Charlotte! No HOA fees! No City Taxes! Easy to show and ready to sell!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.25

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Additional Features

  • Level Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1764335197

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.92732
  • Ratio Current Price By Acre: 148000.00
  • Ratio Current Price By Sq Ft: 61.67
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Equipment: Microwave, Refrigerator, Washer Connection
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Room Count: 6
  • Total Sq Ft: 600

Exterior Features

  • Construction: Vinyl

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water: Well

Schools

  • Elementary School: Glen Alpine
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Dimension: 59x227x40x194
  • Lot Features: Level, Sloping
  • Lot Size Area: 0.250
  • Parcel Number: 1764335197

Tax Info

  • Tax Value: 39241.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2016
Sold by
Gallian Joseph L
Bought by
Mcmahan David and Mcmahan Tokhui
Current Estimated Value
$137,413

Purchase Details

Listed on
Mar 6, 2014
Closed on
Aug 3, 2015
Sold by
Mcmahan David and Mcmahan Tokhui
Bought by
Gallian Joseph L
List Price
$37,000
Sold Price
$37,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%
Original Mortgage
$34,200
Interest Rate
4.04%
Mortgage Type
Seller Take Back
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
Mcmahan David -- Attorney
Gallian Joseph L $37,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallian Joseph L $34,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2015 08/03/15 Sold $37,000 0.0% $62 / Sq Ft
07/18/2015 07/18/15 Pending -- -- --
03/06/2014 03/06/14 For Sale $37,000 -- $62 / 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 $421 $50,444 $9,300 $41,144
2023 $421 $50,444 $9,300 $41,144
2022 $398 $39,761 $7,500 $32,261
2021 $392 $39,761 $7,500 $32,261
2020 $388 $39,761 $7,500 $32,261
2019 $380 $39,761 $7,500 $32,261
2018 $376 $39,241 $7,500 $31,741
2017 $374 $39,241 $7,500 $31,741
2016 $363 $39,241 $7,500 $31,741
2015 $360 $39,241 $7,500 $31,741
2014 $351 $39,241 $7,500 $31,741
2013 $351 $39,241 $7,500 $31,741
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB25456

Canopy MLS (Canopy Realtor® Association)

APN: 21583