1875 Shope Rd Otto, NC 28763
Otto Neighborhood
3
Beds
1
Bath
--
Sq Ft
52.25
Acres
Highlights
- Barn
- RV Access or Parking
- Private Lot
- Horses Allowed On Property
- 52.25 Acre Lot
- Valley View
About This Home
As of April 2025First time on the market in a century. A rare opportunity like this doesn't come along often. Now being offered is this 52 acre family farm tract with roots that run deep in the Otto Community. The property is located South of Franklin with easy access. Once there you will find a 3/1 home that is waiting to be brought back to its full potential. Alongside is functional work shed with adjoining tool room. The large barn will need some care but holds promise for more productive years. Nice small branch flows by home off mountain located on the property. The pasture is exceptional and leads into wooded portions in three different sections. The elevation climb is minimum with outstanding short and long range views throughout. The total area of the pasture is fenced and ready for livestock. If you are looking for a family compound, estate , farm , or multi site development potential, look no further this property has it.
Last Agent to Sell the Property
Mason Peak Mountain Properties, LLC Brokerage Phone: 8286341615 License #308526 Listed on: 02/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,243
Year Built
- Built in 1947
Lot Details
- 52.25 Acre Lot
- Property fronts a state road
- Private Lot
- Level Lot
- Open Lot
- Partially Wooded Lot
- Historic Home
Home Design
- Farmhouse Style Home
- Brick Exterior Construction
- Shingle Roof
- Asbestos
- Block And Beam Construction
Interior Spaces
- Fireplace
- Flue
- Living Area on First Floor
- Combination Kitchen and Dining Room
- Valley Views
- Crawl Space
- Storm Windows
- No Kitchen Appliances
Flooring
- Wood
- Wood Under Carpet
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Parking
- 3 Car Detached Garage
- 3 Detached Carport Spaces
- RV Access or Parking
Outdoor Features
- Outdoor Storage
- Outbuilding
- Porch
Farming
- Barn
- Pasture
Utilities
- Window Unit Cooling System
- Floor Furnace
- Space Heater
- Heating System Uses Oil
- Spring water is a source of water for the property
- Electric Water Heater
- Septic Tank
Additional Features
- City Lot
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Stream
Listing and Financial Details
- Assessor Parcel Number 6581109788
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2025
Closed on
Apr 8, 2025
Sold by
Bell Ralph G and Bell Jill M
Bought by
Scott Thomas and Scott Jo Thomas
Seller's Agent
Michael Peak
Mason Peak Mountain Properties, LLC
Buyer's Agent
Evan Harrell
Realty One Group Vibe
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$133,235
Avg. Annual Appreciation
-36.15%
Original Mortgage
$570,500
Outstanding Balance
$569,047
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$147,718
Purchase Details
Closed on
Aug 30, 2019
Sold by
Bell Jo Ann
Bought by
Bell Jo Ann and Bell Ralph G
Purchase Details
Closed on
Oct 31, 2018
Sold by
Bell Ralph G and The Ralph And Jo Ann Bell Irre
Bought by
Bell Ralph and Bell Jo Ann
Purchase Details
Closed on
Oct 23, 2013
Sold by
Bell Ralph and Bell Jo Ann
Bought by
The Ralph & Jo Ann Bell 2013 Irrevocable
Similar Home in Otto, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | None Listed On Document | |
| Warranty Deed | $850,000 | None Listed On Document | |
| Warranty Deed | $3,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $570,500 | New Conventional | |
| Closed | $570,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $850,000 | -12.8% | -- |
| 02/22/2025 02/22/25 | Pending | -- | -- | -- |
| 02/07/2025 02/07/25 | For Sale | $975,000 | -- | -- |
Source: Carolina Smokies Association of REALTORS®
Tax History Compared to Growth
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 | $1,243 | $400,680 | $287,970 | $112,710 |
| 2023 | $1,204 | $400,680 | $287,970 | $112,710 |
| 2022 | $1,204 | $273,700 | $206,490 | $67,210 |
| 2021 | $1,524 | $283,100 | $206,490 | $76,610 |
| 2020 | $1,362 | $283,100 | $206,490 | $76,610 |
| 2018 | $1,353 | $303,800 | $213,550 | $90,250 |
| 2017 | $1,353 | $303,800 | $213,550 | $90,250 |
| 2016 | $1,353 | $303,800 | $213,550 | $90,250 |
| 2015 | $1,319 | $303,800 | $213,550 | $90,250 |
| 2014 | $1,917 | $562,360 | $490,500 | $71,860 |
| 2013 | -- | $562,360 | $490,500 | $71,860 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Peak
Seller's Agent in 2025
Michael Peak
Mason Peak Mountain Properties, LLC
(828) 371-1104
5 in this area
66 Total Sales
-
Evan Harrell
Buyer's Agent in 2025
Evan Harrell
Realty One Group Vibe
(828) 371-5103
23 in this area
254 Total Sales
Map
Source: Carolina Smokies Association of REALTORS®
MLS Number: 26039879
APN: 6581109788
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