NOT LISTED FOR SALE

202 Flat Top Trail Murphy, NC 28906

Estimated Value: $358,000 - $449,000

2 Beds
2 Baths
-- Sq Ft
0.84 Acres

Last Sold September 02, 2020

Last sale price $250,000

Est. 57% increase in value since last sale

Current estimated payment $2,189/month

1 Day on Market

Highlights

  • Spa
  • Chalet
  • Cathedral Ceiling
  • Mountain View
  • Deck
  • Wood Flooring

About This Home

As of September 2020

Rustic elegance best describes this Fully Furnished mountain chalet with long range views. Tucked away on a private lot in one of Murphy finest communities with all paved roads, a community pavilion and Hiwassee River access for fishing or tubing. All only a few easy miles from Downtown Murphy. Open great room layout with soaring ceilings and wall of windows, hardwood floors and stone fireplace for family gatherings. Wrap around porches and extended deck with pergola over hot tub. Large level driveway with plenty parking and storage shed to house your ATV or golf cart. Excellent rental history, earning 22K in rentals for 2019. This is a must see! Best chalet on the market!

Last Agent to Sell the Property

Donna Srabian Team

REMAX Town & Country - Murphy Brokerage Phone: 8288352334 License #318436 Listed on: 07/23/2020

REMAX Town & Country - Murphy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.84 Acre Lot

Home Design

  • Chalet
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Mountain Views
  • Crawl Space

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Spa
  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Highland Creek Estates Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 551103115389000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2006
  • Property Sub Type: Residential
  • Road Frontage Type: Road, Deeded Access
  • Lot Size Acres: 0.84
  • Road Surface Type: Paved
  • Subdivision Name: Highland Creek Estates
  • Architectural Style: Chalet
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Washer, Dryer
  • Has Basement: Crawl Space
  • Furnished: Furnished
  • Spa Features: Heated
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Ventless
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Wood
  • Window Features: Insulated Windows
  • Master Bedroom Master Bedroom Level: Main,Upper

Exterior Features

  • Roof: Shingle
  • View: Mountain(s), Year Round, Long Range
  • Topography: Rolling,Steep
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Other Structures: Workshop
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Asphalt

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Heat Pump, Electric
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Community

Condo/Co-op/Association

  • Community Features: River Access
  • Senior Community: No
  • Association Fee: 600
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 36590.4
  • Parcel #: 551103115389000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 17, 2020
Sold by
Hutchison Erik A and Hutchison Lynn M
Bought by
Farquhar Lynn K and Farquhar Stephany T
Seller's Agent
Donna Srabian Team
REMAX Town & Country - Murphy
Buyer's Agent
Donna Srabian Team
REMAX Town & Country - Murphy
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$393,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,536
Avg. Annual Appreciation
8.83%
Original Mortgage
$222,400
Outstanding Balance
$197,284
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$196,252

Purchase Details

Listed on
Jun 8, 2016
Closed on
Sep 6, 2016
Sold by
Silverman Stephen R and Weissblum Faye
Bought by
Hutchinson Erik A and Hutchinson Lynn M
Seller's Agent
Bonnie DuPree
REMAX Mountain Properties
Buyer's Agent
Frank Schuler
EXIT Realty Mountain View Properties
List Price
$148,000
Sold Price
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$118,800
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2013
Sold by
Silverman Marly C and Silverman Stephen R
Bought by
Silverman Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,216,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2006
Sold by
Brasstown Builders Inc
Bought by
Silverman Stephen R and Silverman Marly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2005
Sold by
Mountain View Developers Llc
Bought by
Brasstown Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.71%
Mortgage Type
Unknown
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
Farquhar Lynn K $250,000 None Available
Hutchinson Erik A $148,500 None Available
Silverman Stephen R -- None Available
Silverman Stephen R $190,000 --
Brasstown Builders Inc $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farquhar Lynn K $222,400
Previous Owner Hutchinson Erik A $118,800
Previous Owner Silverman Stephen R $1,216,000
Previous Owner Silverman Stephen R $151,200
Previous Owner Brasstown Builders Inc $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2020 09/02/20 Sold $250,000 0.0% --
07/25/2020 07/25/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $250,000 +68.9% --
09/26/2016 09/26/16 Sold $148,000 0.0% -- View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $148,000 -- --
Source: Northeast Georgia 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 $1,568 $209,120 $0 $0
2024 $16 $209,120 $0 $0
2023 $1,537 $209,120 $0 $0
2022 $1,537 $206,210 $0 $0
2021 $1,296 $206,210 $40,000 $166,210
2020 $823 $162,500 $0 $0
2019 $823 $120,900 $0 $0
2018 $823 $120,900 $0 $0
2017 $963 $143,480 $0 $0
2016 $963 $143,480 $0 $0
2015 $963 $143,480 $21,000 $122,480
2012 -- $143,480 $21,000 $122,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 299044

Northeast Georgia Board of REALTORS®

APN: 5511-03-11-5389-000