NOT LISTED FOR SALE

193 Joe Bailey Dr Fletcher, NC 28732

Estimated Value: $838,000 - $969,603

3 Beds
3.5 Baths
2,354 Sq Ft
$393/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $800,000 $340 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,540/month

27 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Private Lot
  • Fairview Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of March 2022

Spectacular mountain retreat with more than six acres of privacy and an extremely successful short-term rental history. This idyllic mountain-view property located in the beautiful Cane Creek Valley boasts two cascading creeks, a wraparound porch with outdoor fireplace, five spacious bedrooms (3 BR septic), and projected annual rental income of over six figures. Escape with your family and enjoy the wonderful privacy this home offers, or continue with its current use as one of the higher-producing income properties in the area. The home offers more than 2,300 SF of thoughtfully finished space with two primary bedroom options, open kitchen-to-living-room flow, and ample dining space. The outdoor living is where this property truly stands above the rest, with extended creekside deck space, private hot tub area, a swing trail boasting spectacular mountain views — the list goes on and on. Endless possibilities abound with a property as unique and successful as this mountain retreat!

Last Agent to Sell the Property

Wilson Hood

Mosaic Community Lifestyle Realty License #307310 Listed on: 02/24/2022

Last Buyer's Agent

Marc Tickle

Carolina Green Realty License #321192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,293

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Wooded Lot
  • Property is zoned OU, OU

Parking

  • Attached Garage

Home Design

  • Cabin
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Access to stream, creek or river
  • Deck
  • Fireplace in Patio
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 968436729100000
  • Tax Block 0099

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,293

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2008
  • Ratio Current Price By Acre: 129659.64
  • Restrictions: Deed,Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1308
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1046
  • Porch: Covered,Deck,Front,Side
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Porch, Wood Burning
  • Living Area: 2354
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Outdoor Fireplace, Satellite Internet Available
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Shingle Siding, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 491
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Creek Front, Long Range View, Mountain View, Private, Creek/Stream, Wooded, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 6.17
  • Lot Size Units: Acres
  • Parcel Number: 968436729100000
  • Plat Book Slide: 0101
  • Zoning Description: OU

Tax Info

  • Tax Block: 0099
  • RATIO List Price By Tax Amount: 1.30349

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Aries Edmund Roland and Aries Hemowattie
Bought by
Aries Family Cabin Llc
Current Estimated Value
$951,064

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 17, 2022
Sold by
J & K Bb I Llc
Bought by
Aries Edmund Roland and Aries Homowers
Seller's Agent
Wilson Hood
Mosaic Community Lifestyle Realty
Buyer's Agent
Marc Tickle
Carolina Green Realty
List Price
$789,000
Sold Price
$800,000
Premium/Discount to List
$11,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%

Purchase Details

Listed on
Jun 3, 2021
Closed on
Sep 30, 2021
Sold by
Todd Larry and Todd Kimberly H
Bought by
J & K Bb I Llc
Seller's Agent
Chris Page
Patton Allen Real Estate LLC
Buyer's Agent
Wilson Hood
Mosaic Community Lifestyle Realty
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.97%
Original Mortgage
$431,250
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 18, 2005
Sold by
Penland Joyce D and Penland Timothy M
Bought by
Todd Larry and Todd Kimberly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Aries Family Cabin Llc -- None Listed On Document
Aries Edmund Roland $800,000 Goosmann Rose Colvard & Cramer
J & K Bb I Llc $575,000 None Available
Todd Larry $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J & K Bb I Llc $431,250
Previous Owner Hughes Todd Larry Timothy $427,500
Previous Owner Todd Larry Timothy $40,000
Previous Owner Todd Larry Timothy $399,000
Previous Owner Todd Larry Timothy $384,000
Previous Owner Todd Larry T $360,000
Previous Owner Todd Larry $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $800,000 +1.4% $340 / Sq Ft
02/24/2022 02/24/22 For Sale $789,000 +37.2% $335 / Sq Ft
09/30/2021 09/30/21 Sold $575,000 -4.2% $258 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $599,900 0.0% $269 / Sq Ft
07/31/2021 07/31/21 For Sale $600,000 0.0% $269 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $600,000 -2.4% $269 / Sq Ft
07/14/2021 07/14/21 Price Changed $615,000 -1.6% $276 / Sq Ft
07/01/2021 07/01/21 For Sale $625,000 0.0% $280 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/18/2021 06/18/21 Price Changed $625,000 -3.8% $280 / Sq Ft
06/11/2021 06/11/21 Price Changed $650,000 -3.7% $291 / Sq Ft
06/03/2021 06/03/21 For Sale $675,000 -- $302 / 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
2023 $4,293 $625,600 $235,800 $389,800
2022 $3,881 $613,100 $0 $0
2021 $3,832 $605,300 $0 $0
2020 $3,310 $491,100 $0 $0
2019 $3,310 $491,100 $0 $0
2018 $3,163 $491,100 $0 $0
2017 $3,163 $382,800 $0 $0
2016 $2,714 $382,800 $0 $0
2015 $2,714 $382,800 $0 $0
2014 $2,714 $382,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3829715

Canopy MLS (Canopy Realtor® Association)

APN: 9684-36-7291-00000