NOT LISTED FOR SALE

201 Clifford Fowler Rd Hot Springs, NC 28743

Estimated Value: $243,000

54.07 Acres
$4,494 Price per Acre
2,355,289 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $290,000

Est. 16% decrease in value since last sale

Current estimated payment $1,383/month

375 Days on Market

Highlights

  • 54.07 Acre Lot
  • Mountain View
  • Private Lot
  • Madison Middle School Rated A-
  • Hilly Lot
  • Wooded Lot

About This Lot

As of February 2024

PRICE IMPROVEMENT! Appalachian Farm consisting of a Cabin & 2 Barns. 54+/- Unrestricted Acres with a nearly mature Hardwood Forest and a small amount of pasture. It would be a great Timber Investment & Hunting Camp located on the side of Spring Creek & Hap Mountain. 2 Bedroom Log Cabin is being sold “As Is'', Seller to make NO Repairs. Live off the grid & avoid the daily distractions OR tap into 4G wireless. Electric Service available. Property line does not extend to Spring Creek. Spring Creek is both native & stocked trout waters. This old farm has panoramic mid-range westward views of Pisgah National Forest & Hogback Mountain. Max Patch, Appalachian Trail & Hot Springs amenities are a short distance away. Under 75+/- minutes into Asheville, under 45+/- minutes into I-40 & Waynesville. APPOINTMENT REQUIRED. Hunting Lease in effect. Property is in a Qualified Federal Opportunity Zone.

Last Agent to Sell the Property

Browning Hemric

Dwell Realty Group Brokerage Email: browning@dwellavl.com License #309286 Listed on: 11/02/2022

Co-Listed By

Steven Noga

Dwell Realty Group Brokerage Email: browning@dwellavl.com License #233070

Last Buyer's Agent

Glenn Gore

Jerry Lee Mountain Realty INC License #201842

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,310

Lot Details

  • 54.07 Acre Lot
  • Property fronts a state road
  • Private Lot
  • Steep Slope
  • Hilly Lot
  • Wooded Lot
  • Possible uses of the property include Cattle, Commercial, Horses, Orchard, Other - See Remarks, Pasture/Grazing, Private Estate, Recreational, Residential, Subdevelopment, Timber, Tree Farm/Timber
  • Property is zoned R-A, RA

Utilities

  • Spring water is a source of water for the property
  • Well Required
  • Septic Tank

Additional Features

  • Mountain Views
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 8757-90-0055

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Est. Annual Taxes

$1,310

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Farm
  • Habitable Residence Yn: Yes
  • Restrictions: No Restrictions,Short Term Rental Allowed
  • Road Frontage Type: State Road
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Attribution Contact: browning@dwellavl.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Possible Use: Cattle, Commercial, Horses, Orchard, Other - See Remarks, Pasture/Grazing, Private Estate, Recreational, Residential, Subdevelopment, Timber, Tree Farm/Timber

Exterior Features

  • Construction Type: Site Built
  • View: Mountain(s), Winter, Year Round
  • Waterfront Features: None
  • Other Structures: Other - See Remarks

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed, Other - See Remarks
  • Water Source: Spring, Well Needed, Other - See Remarks

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Flood Fringe Area, Hilly, Private, Rolling Slope, Sloped, Steep Slope, Creek/Stream, Wooded, Views, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 8757-90-0055
  • Zoning: RA
  • Plat Book Slide: 0006/0836
  • Can Be Subdivided: 1
  • Plat Reference Section Pages: 0006/0836
  • Lot Size Acres: 54.07
  • Lot Size Sq Ft: 2355289
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Feb 27, 2024
Sold by
Jessica Seheuring
Bought by
Magee John Michael
Seller's Agent
Browning Hemric
Dwell Realty Group
Buyer's Agent
Glenn Gore
Jerry Lee Mountain Realty INC
List Price
$375,000
Sold Price
$290,000
Premium/Discount to List
-$85,000
-22.67%
Views
249
Current Estimated Value
$243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,000
Avg. Annual Appreciation
-10.10%
Original Mortgage
$246,500
Outstanding Balance
$237,130
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$5,870

Purchase Details

Closed on
Apr 14, 2021
Sold by
Fowler Dorothy Anne and Fowler Don A
Bought by
Scheuring Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 16, 2009
Sold by
Hanson James D and Hanson Raegan B
Bought by
Fowler Don A and Fowler Dorothy Anne
Source: Public Records

Range of Values:

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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
Magee John Michael $290,000 None Listed On Document
Scheuring Jessica $200,000 None Available
Fowler Don A $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magee John Michael $246,500
Previous Owner Scheuring Jessica $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $290,000 -7.9% --
08/14/2023 08/14/23 Price Changed $315,000 -1.6% --
07/17/2023 07/17/23 Price Changed $320,000 -1.5% --
04/17/2023 04/17/23 Price Changed $325,000 -1.5% --
04/05/2023 04/05/23 Price Changed $330,000 -1.5% --
03/06/2023 03/06/23 Price Changed $335,000 -1.5% --
02/13/2023 02/13/23 Price Changed $340,000 -1.4% --
01/23/2023 01/23/23 Price Changed $345,000 -1.4% --
12/31/2022 12/31/22 Price Changed $350,000 -6.7% --
11/02/2022 11/02/22 For Sale $375,000 -- --
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
2024 $1,310 $327,555 $322,157 $5,398
2023 $1,164 $215,480 $211,446 $4,034
2022 $1,164 $215,480 $211,446 $4,034
2021 $1,164 $215,480 $211,446 $4,034
2020 $1,164 $215,480 $211,446 $4,034
2019 $1,147 $197,712 $194,012 $3,700
2018 $1,087 $0 $0 $0
2017 $1,068 $0 $0 $0
2016 $1,068 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $197,712 $194,012 $3,700
2013 -- $197,712 $194,012 $3,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3920004

Canopy MLS (Canopy Realtor® Association)

APN: 8757-90-0055