NOT LISTED FOR SALE

2143 Rabbit Hop Rd Spruce Pine, NC 28777

Estimated Value: $574,000 - $1,190,545

2 Beds
3 Baths
2,688 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $1,200,000 $446 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $5,701/month

473 Days on Market

Highlights

  • 36.32 Acre Lot
  • Mountain View
  • Private Lot
  • Open Floorplan
  • Deck
  • Wooded Lot

About This Home

As of September 2023

One of the last of its kind! Breathtaking views & pristine waters centered in the highest peaks of North Carolina. Your palatial estate, a smaller rival to the properties of Biltmore- made up of +/- 36.32 acres w/pond, 1/3 mile of the coveted Crabtree trout waters, beautiful meadows & wildlife grazing areas, trails/roads, cool clean spring water, & land adjoins other like estates. Surrounded by nature's living room, your open floor plan home frames the beauty of your natural capital in every window. Embrace indoor/outdoor living- screened porch, formal DR, new stainless- comfortable KT- cherry cabinets, rounded corner walls, 2BD/2BA on main w/additional bonus rooms, office, & oak floors. A home for entertainment & family. Ask about Wildlife Habitation Conservation Agreement in place. Canoe & Tractor convey with property- what more could you ask for? 5 miles to downtown Spruce Pine/Penland School of crafts, 30 min. to Lake James & I-40, 50 min. to Asheville, 2 hrs. from Charlotte.

Last Agent to Sell the Property

Peter Franklin

Foxfire Real Estate, LLC License #272056 Listed on: 05/14/2022

Last Buyer's Agent

pristine vacatio Melissa Miller

Absolute Bespoke Properties LLC License #303381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 2000

Lot Details

  • 36.32 Acre Lot
  • Front Green Space
  • Private Lot
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Partially Finished Basement
  • Interior and Exterior Basement Entry
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Patio

Schools

  • Deyton Elementary School
  • Harris Middle School
  • Mitchell High School

Farming

  • Pasture

Utilities

  • Central Air
  • Heat Pump System
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0860-00-75-1278

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,722

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2000
  • Restrictions: No Restrictions
  • Restrictions Description: Ultimate Freedom!
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 446.43
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Entrance Foyer, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1690
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 259
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 259
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1690
  • Has Basement: Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 998
  • Door Features: Insulated Door(s)
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2688
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 10
  • Sq Ft Other: 0
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Features: Dock
  • Waterfront Elevation: 2500
  • Construction Type: Fiber Cement, Hardboard Siding
  • Patio And Porch Features: Deck, Enclosed, Patio, Rear Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 408
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Underground Power Lines
  • Water Source: Spring

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Complex Name: None
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Cleared, Green Area, Pasture, Paved, Pond(s), Private, Rolling Slope, Creek/Stream, Wooded, Views, Wooded
  • Lot Size Area: 36.32
  • Lot Size Units: Acres
  • Parcel Number: 0860-00-75-1278
  • Zoning: None
  • Development Status: Completed
  • Lot Size Acres: 36.32
  • Lot Size Sq Ft: 1582099
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Deyton
  • High School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Sep 7, 2023
Sold by
Reed Bert Thomas and Reed Arminta Ann
Bought by
Yacht Club International Inc
Seller's Agent
Peter Franklin
Foxfire Real Estate, LLC
Buyer's Agent
pristine vacatio Melissa Miller
Absolute Bespoke Properties LLC
List Price
$1,650,000
Sold Price
$1,200,000
Premium/Discount to List
-$450,000
-27.27%
Total Days on Market
473
Views
86
Current Estimated Value
$975,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$224,818
Avg. Annual Appreciation
-11.09%
Source: Public Records

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Range of Values:

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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
Yacht Club International Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Bert Thomas $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $1,200,000 -27.3% $446 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $1,650,000 +37.5% $614 / Sq Ft
01/02/2023 01/02/23 Off Market $1,200,000 -- --
07/14/2022 07/14/22 Price Changed $1,650,000 -2.9% $614 / Sq Ft
06/06/2022 06/06/22 Price Changed $1,700,000 -2.9% $632 / Sq Ft
05/14/2022 05/14/22 For Sale $1,750,000 -- $651 / Sq Ft
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 $2,722 $432,000 $132,400 $299,600
2023 $2,312 $432,000 $132,400 $299,600
2022 $2,312 $432,000 $132,400 $299,600
2021 $1,607 $332,000 $147,100 $184,900
2020 $1,607 $332,000 $147,100 $184,900
2019 $1,607 $332,000 $147,100 $184,900
2018 $1,607 $332,000 $147,100 $184,900
2017 $1,676 $342,500 $147,100 $195,400
2016 $1,547 $342,500 $0 $0
2015 $155 $342,500 $0 $0
2014 $1,547 $342,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3861199

Canopy MLS (Canopy Realtor® Association)

APN: 0860-00-75-1278