NOT LISTED FOR SALE

200-1894 River Run Unit 1894 Sapphire, NC 28774

Sapphire Neighborhood

Estimated Value: $132,000 - $238,000

1 Bed
1 Bath
-- Sq Ft
871 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $138,000

Est. 35% increase in value since last sale

Current estimated payment $1,033/month

114 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Fitness Center
  • Clubhouse
  • Golf Course Community
  • Golf Course View
  • Deck

About This Home

As of October 2021

Great rental income with the most common comment being "everything you need in a stylish package". Plenty of amenities including lake access with boating, pools, fitness center, golf, tennis, hiking and jogging paths, snow skiing, and restaurants within walking distance. One room studio recently updated with granite counter top, hardwood floors, and new tile in bathroom. Unit has a split unit Mitsubishi heater/ac. Selling fully furnished - King size organic cotton mattress, flat screen TV. Plenty of amenities including lake access with boating, pools, fitness center, golf, tennis, hiking and jogging paths, snow skiing, and restaurants within walking distance, etc. 2020 short term gross rental income over $11,000 in COVID shortened year. Condo association transfer fee of $296. Condo association fee of $528 per qtr, Sapphire Valley Master Association fee of $858 per year for use of amenities. HOA Annual dues work out to less than $250 per month. Better than a tiny home! Owner is an NC Real Estate broker.

Last Agent to Sell the Property

Ted Schmidt

Carolina Select Real Estate, Inc. Brokerage Phone: 8282792732 Listed on: 05/30/2021

Last Buyer's Agent

Bonnie Sherman

Landmark Realty Group - Sapphire/Burlingame

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $115

Year Built

  • Built in 1984

Lot Details

  • Cleared Lot
  • Wooded Lot

Property Views

  • Golf Course
  • Woods

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring

Kitchen

  • Convection Microwave
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 7582841724

Community Details

Overview

  • Property has a Home Owners Association
  • River Run Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$115

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse/Condo
  • Prop. Type: Residential
  • Subdivision Name: River Run
  • Directions: From Route 64, turn into Sapphire Valley entrance. Then take your first left at River Run Entrance. Continue until you get to the 5th parking lot entrance on the right.
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1984
  • Kitchen Level: Main
  • Attribution Contact: 8282792732
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Microwave, Dryer, Microwave-Convection, Washer, Refrigerator
  • Other Equipment: Cable Internet, Cable TV, DSL
  • Has Basement: Block, Crawl Space, Encapsulated
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Main Level Bedrooms: 1
  • Window Features: Window Treatments
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Lot Features: Cleared, Wooded, Near Level, City Lot
  • View: Golf Course, Trees/Woods
  • View: Yes
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Back, Porch, Front, Covered, Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Parking Space

Utilities

  • Laundry Features: Washer/Dryer Connection, Main Level
  • Cooling: Ductless, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Ductless
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbeque, Deeded Water Access, Clubhouse, Fitness Center, Lake/Pond, Picnic Area, Stable(s), Playground, Tennis Court(s), Golf, Pool, Walking/Bike Trails
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 7582841724
  • Zoning: Yes

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 114.7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Oct 11, 2021
Sold by
Schmidt Ted and Schmidt Lori
Bought by
Dean Hall Southpoint Apt Properties Llc and Hall Properties Llc
Seller's Agent
Ted Schmidt
Carolina Select Real Estate, Inc.
Buyer's Agent
Bonnie Sherman
Landmark Realty Group - Sapphire/Burlingame
List Price
$138,000
Sold Price
$138,000
Current Estimated Value
$186,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,135
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Miller Henry T and Girard Lynne
Bought by
Schmidt Ted and Schmidt Lori

Purchase Details

Closed on
May 15, 2007
Sold by
Rebel Sabina M
Bought by
Miller Henry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
6.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Dean Hall Southpoint Apt Properties Llc $138,000 None Available
Schmidt Ted $35,500 None Available
Miller Henry T $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Henry T $53,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $138,000 0.0% --
09/22/2021 09/22/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $138,000 -- --
Source: Highlands-Cashiers Board 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 $587 $154,531 $5,000 $149,531
2024 $462 $121,610 $5,000 $116,610
2023 $578 $121,610 $5,000 $116,610
2022 $578 $121,610 $5,000 $116,610
2021 $213 $56,080 $5,000 $51,080
2020 $178 $28,440 $2,500 $25,940
2019 $178 $28,440 $2,500 $25,940
2018 $178 $28,440 $2,500 $25,940
2017 $175 $28,440 $2,500 $25,940
2015 $243 $46,820 $15,000 $31,820
2011 -- $60,350 $15,000 $45,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 96632

APN: 7582-84-1724