NOT LISTED FOR SALE

184 Abbey Rd McGrady, NC 28649

Estimated Value: $421,000 - $694,000

2 Beds
2 Baths
1,862 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $520,000 $279 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,377/month

1 Day on Market

Highlights

  • Open Floorplan
  • Fireplace in Kitchen
  • Covered Patio or Porch
  • Mulberry Elementary School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of April 2022

**Offer has been accepted.** Peace & Quiet! Relax out on the back covered porch enjoying the mountain views or nestle up & get cozy by the fire in this 1.5 story w/ walk out basement log cabin home/retreat. This home is perfect for full time living, weekend getaways or as a short term rental. 2 bed (septic), has potential to be a 3+ bedroom home. Primary bedroom Suite is located on the main level w/ private full bath. The secondary bedroom is also on the main level w/ a full hall bathroom. The open loft on the upper level shares in the extraordinary mountain views & is often used to accommodate as a potential 3rd bedroom. The basement is partially finished w/ a mini split hvac & offers potential for more living space & has the ability to add additional bedrooms & bathrooms (pre-plumbed) if needed. Seller is selling furnished (few exceptions). *Seller is currently pursuing updating the septic system from a 2 bedroom expanding to a 3 bedroom septic.

Last Agent to Sell the Property

Zach Francis

Francis Real Estate Group, Inc License #238957 Listed on: 03/27/2022

Last Buyer's Agent

Zach Francis

Francis Real Estate Group, Inc License #238957 Listed on: 03/27/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 4.1

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Great Room with Fireplace
  • Laundry Room
  • Basement

Kitchen

  • Electric Cooktop
  • Fireplace in Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Association Phone (704) 506-4239
  • Built by Kevin Thomas
  • Dancy Mountain Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 1204909

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2013
  • Ratio Current Price By Acre: 36879.43
  • Restrictions: Architectural Review
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Partially Finished
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Open Floorplan
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1554
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1223
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1223
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 308
  • Porch: Back,Covered,Front
  • Fixture Exception Description: see agent remarks
  • Appliances: Ceiling Fan(s), Electric Cooktop
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Kitchen
  • Living Area: 1862
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Status: Complete
  • Tax Location: Mulberry
  • Construction Type: Site Built
  • Construction Type: Log

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Phone: 704-506-4239
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Long Range View, Mountain View
  • Lot Size Units: Acres
  • Parcel Number: 1204909
  • Zoning Description: SFR

Building Info

  • Builder Name: Kevin Thomas

Tax Info

  • RATIO List Price By Tax Amount: 1.77376

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Nov 5, 2021
Sold by
Luce Joel M and Wren Elizabeth
Bought by
Goodman Michael Paul
Seller's Agent
Teresa Overcash
Realty One Group Results
Buyer's Agent
Jennifer Tingen Clark
Howard Hanna Allen Tate Lake Norman
List Price
$299,900
Sold Price
$379,900
Premium/Discount to List
$80,000
26.68%
Current Estimated Value
$557,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,600
Avg. Annual Appreciation
9.63%
Original Mortgage
$268,300
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1999
Bought by
Luce Joel M and Luce Luce
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Goodman Michael Paul $385,000 City Of Oaks Title Llc
Luce Joel M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodman Michael Paul $268,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2022 04/21/22 Sold $520,000 +7.2% $279 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $485,000 +27.7% $260 / Sq Ft
11/12/2021 11/12/21 Sold $379,900 +26.7% $126 / Sq Ft View Prior Sale
09/01/2021 09/01/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $299,900 -- $99 / 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 $5,168 $281,610 $24,850 $256,760
2023 $2,191 $273,430 $24,850 $248,580
2022 $2,128 $273,430 $24,850 $248,580
2021 $2,128 $273,430 $24,850 $248,580
2020 $2,160 $273,430 $24,850 $248,580
2019 $216,010 $273,430 $24,850 $248,580
2018 $1,882 $235,250 $0 $0
2017 $1,811 $235,250 $0 $0
2016 $1,750 $227,260 $0 $0
2015 $1,795 $227,260 $0 $0
2014 $1,795 $227,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3838626

Canopy MLS (Canopy Realtor® Association)

APN: 1204909