Seller's Agent in 2019
Peter Franklin
Foxfire Real Estate, LLC
(828) 766-7221
39 Total Sales
202 Overlook Dr Spruce Pine, NC 28777
26
Beds
24
Baths
12,000
Sq Ft
1.52
Acre Lot
Highlights
- City View
- Level Lot
- Carpet
- Front Green Space
About This Home
As of August 2019Income opportunity attracting professionals w/high efficiency & extremely well maintained (like-new), 3 bldg./12-unit homes in prime rental corridor next to hospital & ECU School of Dentistry. Located in one of the most desirable neighborhoods, Eleven 2BD/2BA w/Master suite, two 3BD/2BA, high ceilings, front & rear porch, ramp accessibility on 1st floor & perfect floor plans. 27 pk. spaces, room for equip. bldg./office. 100% occupancy at all times! Current CAP = 8% (T-12= 7%). Excellent upside (CAP= 10%) potential/value-add opportunity for increased rents/NOI, w/no capital expenditures or updates needed (current rents= $200+ below market rate). Strong demographics & high quality employment opportunities. Rising rental pressure in growing town. Next to schools, shopping & employment- 5 min. to all major employers. Additional 4.15 acres on same street = further development w/water & sewer tap already purchased ($78,000; MLS#: 3451543).20 min.- I-40, 50 min.- Asheville, 2hr.- Charlotte.
Last Agent to Sell the Property
Foxfire Real Estate, LLC License #272056 Listed on: 02/08/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2005
Lot Details
- Front Green Space
- Level Lot
- Open Lot
Home Design
- Vinyl Siding
Interior Spaces
- 24 Full Bathrooms
- Insulated Windows
- City Views
- Crawl Space
Flooring
- Carpet
- Vinyl
Listing and Financial Details
- Tenant pays for cable, electricity
- Rent includes sewer, water
- Assessor Parcel Number 0799-06-39-7324
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2019
Closed on
Aug 14, 2019
Sold by
Bought by
Seller's Agent
Peter Franklin
Foxfire Real Estate, LLC
Buyer's Agent
David Begley
GreyBeard Realty
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
0.034%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 28, 2014
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,150,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $855,000 | ||
| Previous Owner | $600,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2019 08/16/19 | Sold | $1,150,000 | -8.0% | $96 / Sq Ft |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- |
| 05/31/2019 05/31/19 | For Sale | $1,250,000 | 0.0% | $104 / Sq Ft |
| 03/04/2019 03/04/19 | Pending | -- | -- | -- |
| 02/08/2019 02/08/19 | For Sale | $1,250,000 | -- | $104 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,752 | $1,384,200 | $114,000 | $1,270,200 |
| 2024 | $7,704 | $1,375,700 | $114,000 | $1,261,700 |
| 2023 | $7,704 | $1,375,700 | $114,000 | $1,261,700 |
| 2022 | $7,704 | $1,375,700 | $114,000 | $1,261,700 |
| 2021 | $4,925 | $849,100 | $114,000 | $735,100 |
| 2020 | $4,925 | $849,100 | $114,000 | $735,100 |
| 2019 | $4,925 | $849,100 | $114,000 | $735,100 |
| 2018 | $4,925 | $849,100 | $114,000 | $735,100 |
| 2017 | $5,125 | $883,700 | $114,000 | $769,700 |
| 2016 | $4,684 | $883,700 | $114,000 | $769,700 |
| 2015 | $4,684 | $883,700 | $114,000 | $769,700 |
| 2014 | $4,477 | $844,700 | $75,000 | $769,700 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Franklin
-
David Begley
Buyer's Agent in 2019
David Begley
GreyBeard Realty
(828) 713-6850
38 Total Sales
Map
Source: Canopy MLS
MLS Number: CAR3473220
APN: 0799-06-39-7324
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
Nearby Homes
- 157 Berry St
- 565 Overlook Dr
- 6 Woodland St
- 106 Chapel St
- 655 Overlook Dr Unit C
- 615 Oak Ave
- TBD Clear Creek Dr Unit 17
- TBD Clear Creek Dr
- 400 Summit Ave
- 000 Poplar Dr
- 9 Poplar Dr
- 5 Lee Wyatt Rd
- 171 Oakdale Dr
- 115 Hollifield St
- 609 Valley Rd
- 35 Azalea Dr
- 644 Valley Rd
- 84 English Rd
- 263 Fairway Ln
- 294 Martha Dr
- 139 Oakland Ave
- 150 Oakland Ave
- 7 Hickey St
- 217 Overlook Dr
- 109 Oakland Ave
- 16 Hickey St
- 35 Berry St
- 0 Dragonfly Unit Lot 3
- 0 Dragonfly Unit 34053
- 123 Hunter Heights
- 65 Hickey St
- 53 Berry St
- 315 Overlook Dr
- 10 Blue Clay Rd
- 10 Blue Clay Rd
- 415 Overlook Dr
- 00 Berry St
- 106 Overlook Dr
- 81 Berry St
- 81 Berry St
Your Personal Tour Guide
Ask me questions while you tour the home.