NOT LISTED FOR SALE

220 Ore Knob Rd Hot Springs, NC 28743

Estimated Value: $534,000 - $581,000

3 Beds
3 Baths
2,396 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $345,000 $144 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,134/month

23 Days on Market

Highlights

  • Equestrian Center
  • Gated Community
  • Fruit Trees
  • Riverbend Elementary Rated A-
  • Open Floorplan
  • Private Lot

About This Home

As of September 2020

3 BR 3 BA log home nestled in gardens and beautiful woods on 5.5 acres. Walk from the property into the National Forest! Amazing private setting. Mountain Views. Open floor plan. Great room with cathedral ceilings and fireplace. Master suite on main with private deck. Hardwood floors. Lots of porches and decks. Garage. Fruit trees, berries and garden area. Cool Summers at 4000+ feet elevation. Location is in Cold Springs Ranch, and directly adjoins community conservation and nature preservation land with trails, meadows, fishing pond and top of world recreation area with forever long-range mountain views right into the Great Smoky Mountains National Park! You can truly get away from it all here!

Last Agent to Sell the Property

Steve Dubose

Mountain Home Properties License #133443 Listed on: 07/25/2020

Co-Listed By

Cynthia Dubose

Mountain Home Properties License #182571

Last Buyer's Agent

Tom Lasley

GreyBeard Realty License #164337

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Front Green Space
  • Private Lot
  • Fruit Trees
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Stone Siding
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Whirlpool Bathtub

Additional Features

  • Pond
  • Equestrian Center
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8725-31-4038

Community Details

Overview

  • Mike Miller Association

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$58 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.98854
  • Ratio Close Price By Original Li: 0.98854
  • Ratio Current Price By Acre: 62727.27
  • Ratio Current Price By Sq Ft: 143.99
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Partially Finished
  • Upper Level Sq Ft: 600
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Pantry, Vaulted Ceiling, Whirlpool, Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 656
  • Main Level Sq Ft: 1140
  • Total Sq Ft: 2396

Exterior Features

  • Construction: Log, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Basement, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Equestrian Trails, Gated Community, Pond, Walking Trails
  • Association Fee: 700.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Mike Miller
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Fruit Trees, Green Area, Long Range View, Mountain View, Private, Rolling, Wooded
  • Lot Size Area: 5.500
  • Parcel Number: 8725-31-4038
  • Plat Book Slide: CABC2808
  • Zoning Specification: Res

Tax Info

  • Tax Value: 298600.00
  • Tax Location: Haywood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 21, 2020
Sold by
Cullom Randall M and Seilbergling Lucy Elizabeth
Bought by
Mermiges Nicholas Daniel and Mcsweeney Jaime Lee
Seller's Agent
Steve Dubose
Mountain Home Properties
Buyer's Agent
Tom Lasley
GreyBeard Realty
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%
Current Estimated Value
$551,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,104
Avg. Annual Appreciation
9.68%
Original Mortgage
$276,000
Outstanding Balance
$244,932
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$306,172

Purchase Details

Listed on
Aug 24, 2012
Closed on
Jan 8, 2013
Sold by
William J Fielding Inc
Bought by
Seiberling Lucy Elizabeth and Cullom Randall M
Seller's Agent
Naomi Parsons
Better Homes and Gardens Real Estate Heritage
Buyer's Agent
Steve Dubose
Mountain Home Properties
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Fielding William J
Bought by
William J Fielding Inc
Source: Public Records

Range of Values:

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Average Value
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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
Mermiges Nicholas Daniel $345,000 None Available
Seiberling Lucy Elizabeth $200,000 None Available
William J Fielding Inc -- None Available
William J Fielding Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mermiges Nicholas Daniel $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $345,000 -1.1% $144 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $349,000 +74.5% $146 / Sq Ft
01/09/2013 01/09/13 Sold $200,000 -8.7% $91 / Sq Ft View Prior Sale
01/07/2013 01/07/13 Pending -- -- --
08/24/2012 08/24/12 For Sale $219,000 -- $99 / 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
2025 -- $349,500 $69,700 $279,800
2024 $1,954 $326,300 $69,700 $256,600
2023 $1,954 $326,300 $69,700 $256,600
2022 $1,905 $326,300 $69,700 $256,600
2021 $1,905 $326,300 $69,700 $256,600
2020 $1,906 $298,600 $98,600 $200,000
2019 $1,911 $298,600 $98,600 $200,000
2018 $1,911 $298,600 $98,600 $200,000
2017 $1,911 $298,600 $0 $0
2016 $1,628 $258,600 $0 $0
2015 $1,628 $258,600 $0 $0
2014 $1,492 $258,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3641267

Canopy MLS (Canopy Realtor® Association)

APN: 8725-31-4038