NOT LISTED FOR SALE

194 Wallalieu Gap Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $348,730 - $441,000

3 Beds
2 Baths
-- Sq Ft
3.45 Acres

Last Sold November 17, 2021

Last sale price $290,000

Est. 37% increase in value since last sale

Current estimated payment $2,162/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Ranch Style House
  • 3.45 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of November 2021

Beautiful move in ready farm house on 3.45 +/- unrestricted acres. The perfect property for your mini farm. Babbling creek runs along the property for the perfect setting. Updated kitchen with ample storage and counter space. Updated Master & guest baths. Large back deck overlooks the fenced yard for kids & pets! Easy access paved to the door. Unfinished basement.

Last Agent to Sell the Property

Rashaune De La Cruz

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #298991 Listed on: 09/30/2021

RE/MAX Elite Realty

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $933

Year Built

  • Built in 1962

Lot Details

  • 3.45 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Fenced Yard
  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Farmhouse Style Home
  • Entry on the 1st floor
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Insulated Windows
  • Living Area on First Floor
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6488761704

Home Details

Home Type

Single Family

Est. Annual Taxes

$933

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 3.45
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: From Franklin, go South on Georgia Rd. towards otto , To right on Wallalieu Gap Rd , follow for a short distance house is on the LEFT. LA sign in place.
  • Architectural Style: Ranch/Single, Farm House
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1962
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Other Water Heater (See Remarks), Refrigerator, Dryer, Microwave, Washer, Electric Oven/Range
  • Has Basement: Full, Washer/Dryer Hook-up, Exterior Entry, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Other, Gas Log
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Open Floorplan, Ceramic Tile Bath, Main Level Living, Pantry, Kitchen/Dining Room, Walk-In Closet(s), Primary on Main Level
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 101.15
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 75.65
  • Room Living Room Area: 189.42
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 264
  • Master Bedroom Master Bedroom Width: 11.3
  • Room Master Bedroom Area: 127.69
  • Room Dining Room Area: 94.5

Exterior Features

  • Fencing: Fenced Yard
  • Lot Features: Open Lot, Suitable for Horses, Level, Level Yard, Rolling, Unrestricted, Pasture
  • View: No
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Other Structures: Outbuilding/Workshop
  • Patio And Porch Features: Porch, Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Carport-Single Attached, Paved Driveway

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private
  • Gas Company: Propane Tank: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 150282
  • Parcel #: 6488761704
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 933.28
  • Tax Book Number: V-37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 17, 2021
Sold by
Talley Gregory Lee and Talley Leah C
Bought by
Reyes Mark A and Reyes Stephanie
Seller's Agent
Rashaune De La Cruz
RE/MAX Elite Realty
Buyer's Agent
Board Member Non
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$398,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,433
Avg. Annual Appreciation
7.88%
Original Mortgage
$296,670
Outstanding Balance
$271,847
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$126,586

Purchase Details

Listed on
Mar 28, 2016
Closed on
Feb 16, 2017
Sold by
Oakes Rocky J and Oakes Jessica L
Bought by
Talley Ii Gregory Lee and Talley Leah C
Seller's Agent
Becky Ramey
Re/Max Elite Realty
List Price
$188,000
Sold Price
$188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$182,360
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2009
Sold by
Meeks Jimmie C and Meeks Patricia C
Bought by
Oakes Rocky J and Oakes Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
4.79%
Mortgage Type
New Conventional
Source: Public Records
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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
Reyes Mark A $290,000 None Available
Talley Ii Gregory Lee -- None Available
Oakes Rocky J $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Mark A $296,670
Previous Owner Talley Ii Gregory Lee $182,360
Previous Owner Oakes Rocky J $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2021 11/17/21 Sold $290,000 0.0% --
10/05/2021 10/05/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $290,000 +54.3% --
02/28/2017 02/28/17 Sold $188,000 0.0% -- View Prior Sale
01/29/2017 01/29/17 Pending -- -- --
03/28/2016 03/28/16 For Sale $188,000 -- --
Source: Carolina Smokies 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 $1,117 $294,080 $58,300 $235,780
2024 $1,117 $294,080 $58,300 $235,780
2023 $1,039 $294,180 $58,300 $235,880
2022 $1,039 $186,250 $61,000 $125,250
2021 $1,039 $186,250 $61,000 $125,250
2020 $933 $186,250 $61,000 $125,250
2018 $746 $157,300 $71,760 $85,540
2017 $0 $157,300 $71,760 $85,540
2016 $746 $157,300 $71,760 $85,540
2015 $718 $157,300 $71,760 $85,540
2014 $632 $170,730 $77,630 $93,100
2013 -- $170,730 $77,630 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26021167

APN: 6488761704