NOT LISTED FOR SALE

1855 Valle Cay Dr Vilas, NC 28692

Estimated Value: $1,013,844 - $1,222,000

4 Beds
4 Baths
3,380 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 24, 2013

Last sale price $525,000 $155 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,172/month

179 Days on Market

Highlights

  • Home fronts a pond
  • Gated Community
  • Secondary Bathroom Jetted Tub
  • Valle Crucis Elementary School Rated A-
  • Community Lake
  • Attic

About This Home

As of June 2013

Crooked Fence Cottage-Tucked away in beautiful Valle Cay, this home is loaded with custom features and boasts spacious rooms with high ceilings, large main floor, stone fireplace and luscious landscaping. This home was updated and customized in 2003 by Enterline and Russell. A back up generator is included in sale. Valle Cay is a low density gated community mirrored after the Blue Ridge Parkway and includes dedicated parks, trout ponds and its very own Lake Victoria. The private roads are perfect to walk and bike with the little ones. The scenic trail system has been preserved for hiking, jogging and cross-country skiing and has amazing views over the valley. An additional lot, with pond view, may be purchased with home at additional cost.

Last Agent to Sell the Property

Carol Knapp

Blowing Rock Properties, Inc Listed on: 11/27/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1997

Lot Details

  • 1.24 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Back Yard Fenced
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Cottage
  • Shake Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • Stone Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Attic
  • Partially Finished Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 100
  • Assessor Parcel Number 1981-10-1383-000

Community Details

Overview

  • Valle Cay Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1997

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Valle Cay
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1080.0
  • Fireplace Features: One, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Jetted Tub
  • Living Area: 3380.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Back Yard, Partial
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Fence, Paved Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Basement, Driveway, Garage, Two Car Garage, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Forced Air, Fireplace(s), Gas, Propane, Other, See Remarks, Wood
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Gated, Lake, Long Term Rental Allowed
  • Association Fee: 1860.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1981-10-1383-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision

Tax Info

  • Tax Annual Amount: 1506.0
  • Tax Book Number: 755/881
  • Tax Lot: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2017
Sold by
Lowrie Lynn Jeanette and Auten Zachary
Bought by
Melton Terry R and Melton Kelly P
Current Estimated Value
$1,111,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Outstanding Balance
$231,981
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$879,230

Purchase Details

Listed on
Nov 27, 2012
Closed on
Jun 21, 2013
Sold by
Lane Leonard B and Lane Sue R
Bought by
Lowrie Lynn Jeanette
Seller's Agent
Carol Knapp
Blowing Rock Properties, Inc
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$400,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melton Terry R $370,000 None Available
Lowrie Lynn Jeanette $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Terry R $277,500
Previous Owner Lowrie Lynn Jeanette $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2013 06/24/13 Sold $525,000 0.0% $155 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $525,000 -- $155 / Sq Ft
Source: High Country Association of REALTORS®

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 $2,544 $663,400 $50,900 $612,500
2024 $2,544 $663,400 $50,900 $612,500
2023 $2,521 $663,400 $50,900 $612,500
2022 $2,521 $663,400 $50,900 $612,500
2021 $2,323 $495,200 $63,600 $431,600
2020 $2,323 $495,200 $63,600 $431,600
2019 $2,323 $495,200 $63,600 $431,600
2018 $2,076 $495,200 $63,600 $431,600
2017 $2,076 $495,200 $63,600 $431,600
2013 -- $480,900 $63,600 $417,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carol Knapp

    Blowing Rock Properties, Inc

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 175990

High Country Association of REALTORS®

APN: 1981-10-3018-000

North Carolina Watauga County Vilas 28692

1855 Valle Cay Dr, Vilas, NC

Not Listed for Sale

Detached

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