NOT LISTED FOR SALE

1797 Hanging Rock Rd Spruce Pine, NC 28777

Estimated Value: $923,000 - $1,238,946

6 Beds
5 Baths
5,044 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $750,000 $149 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,885/month

254 Days on Market

Highlights

  • Greenhouse
  • Spa
  • Traditional Architecture
  • Cranberry Middle School Rated 9+
  • Waterfront
  • Wood Flooring

About This Home

As of September 2020

Escape to the North Carolina mountains in this one of a kind retreat located on the Toe River just outside of Spruce Pine. Almost 26 acres surround this beautiful six bedroom, five bath home. From the two story living room, to the stone fireplaces, the spacious master with en suite bath, the beautiful tiled kitchen with tons of cabinets and work island, the second upstairs master, and three additional bedrooms, to the full basement...this home has it all! Perhaps of all of this, the best part of this home is the relaxing deck extending the full length of the home and overlooking almost a half mile of river frontage! Paradise! This wonderful property also includes a huge workshop complete with full bath, and basement as well as a large powered garage for your RV! You will love feeling like you are the only person on the mountain as you make this lush, serene, paradise your home!

Last Agent to Sell the Property

Roger Hawkins

Hawkins Real Estate Group Inc. License #218496 Listed on: 11/11/2019

Last Buyer's Agent

Charisse Dunn

Epique Inc. License #309050

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 25.75

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Full Bathrooms
  • Whirlpool Bathtub
  • Garden Bath

Outdoor Features

  • Spa
  • Greenhouse
  • Separate Outdoor Workshop

Additional Features

  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1801-00-38-9784-00000

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00013
  • Ratio Close Price By Original Li: 0.94340
  • Ratio Current Price By Acre: 29126.21
  • Ratio Current Price By Sq Ft: 148.69
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1292
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 6
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Double Oven
  • Fireplace Description: Gas Logs, Great Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Garage Shop, Garden Tub, Wet Bar, Whirlpool
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Additional: 1024
  • Lower Level Sq Ft: 1670
  • Main Level Sq Ft: 2082
  • Total Sq Ft: 5044
  • Sq Ft Unheated Lower: 734
  • Sq Ft Unheated Total: 734

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Greenhouse, Hot Tub, Workshop

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: Various
  • Lot Features: Waterfront
  • Lot Size Area: 25.750
  • Parcel Number: 1801-00-38-9784-00000
  • Zoning Specification: Res

Tax Info

  • Tax Value: 619500.00
  • Tax Location: Avery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Sep 10, 2020
Sold by
Hawkins Bruce Hugh and Hawkins Betty L
Bought by
Young Richard C and Young Julie Ellen
Seller's Agent
Roger Hawkins
Hawkins Real Estate Group Inc.
Buyer's Agent
Charisse Dunn
Epique Inc.
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$1,056,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,987
Avg. Annual Appreciation
7.00%
Original Mortgage
$600,000
Outstanding Balance
$538,182
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$518,805
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
Young Richard C $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Richard C $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $750,000 0.0% $149 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $749,900 0.0% $149 / Sq Ft
05/07/2020 05/07/20 For Sale $749,900 0.0% $149 / Sq Ft
05/06/2020 05/06/20 Off Market $750,000 -- --
11/11/2019 11/11/19 For Sale $795,000 -- $158 / 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 $3,113 $770,700 $200,700 $570,000
2023 $3,113 $777,500 $207,500 $570,000
2022 $3,113 $777,500 $207,500 $570,000
2021 $3,407 $619,500 $115,200 $504,300
2020 $3,430 $619,500 $115,200 $504,300
2019 $3,434 $619,500 $115,200 $504,300
2018 $3,435 $619,500 $115,200 $504,300
2017 $3,117 $561,400 $0 $0
2016 $2,536 $561,400 $0 $0
2015 $2,537 $561,400 $115,200 $446,200
2012 -- $647,400 $111,500 $535,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3567674

Canopy MLS (Canopy Realtor® Association)

APN: 1801-00-38-9784-00000