NOT LISTED FOR SALE

225 Rice Ln Murphy, NC 28906

Estimated Value: $382,000 - $428,000

3 Beds
2.5 Baths
-- Sq Ft
3.69 Acres

Last Sold October 21, 2019

Last sale price $175,800

Est. 125% increase in value since last sale

Current estimated payment $2,199/month

1 Day on Market

Highlights

  • 3.69 Acre Lot
  • Private Lot
  • Cathedral Ceiling
  • Deck
  • Partially Wooded Lot
  • Main Floor Bedroom

About This Home

As of October 2019

3 Bedroom, 2 1/2 bath home in western mountains of NC! Home is located on large private lot and features open concept, vaulted ceilings, rock fireplace, hardwoods in main living areas, and full bath and powder room on main level. Upper level has catwalk which overlooks main area. Master with en-suite on one end and large storage area on the other of upper level. Lower level is ready to finish for more living space. Lower Level also has laundry, and is partitioned and stubbed for bath. This home would make a great vacation, VRBO, or just a nice place to call home.. This property may qualify for Seller Financing

Last Agent to Sell the Property

Benjamin Vanhook

Mountain Pro Real Estate Prof. Brokerage Phone: 8285248091 License #233436 Listed on: 09/19/2019

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 2007

Lot Details

  • 3.69 Acre Lot
  • Private Lot
  • Partially Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Log Cabin
  • Rustic Architecture
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Filtration System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Puett Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 553300299719000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,054

Year Built

Built in 2007

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 3.69
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Gravel
  • Ownership: Less than One Year
  • Subdivision Name: Puett Cove
  • Directions: From Franklin, 64 West towards Murphy. Travel approximately 42 miles. Take right onto NC-141. Travel short distance to right onto NC 141 N Travel 5.8 miles to right onto Puett Road. and travel to end and take a left onto Laurel. Travel to right onto Rice Lane. Go to the end of Rice Lane (road will be gravel and continue down at the large Rock Gate. 1st house on left.
  • Architectural Style: Log, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 2007
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: 1028

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Water Filter System, Electric Oven/Range, Exhaust Fan, Refrigerator
  • Has Basement: Full, Exterior Entry, Bath/Stubbed, Interior Entry, Lower/Terrace, Partitioned, Washer/Dryer Hook-up
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Some Hardwoods, Vinyl
  • Interior Amenities: Cathedral/Vaulted Ceiling, Large Master Bedroom
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 87.6806
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 93.4861
  • Room Living Room Area: 245.4167
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 95.5833
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 14.0833
  • Room Master Bedroom Area: 150.2222
  • Room Dining Room Area: 85.9444

Exterior Features

  • Lot Features: Private
  • View: No
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 160736.4
  • Parcel #: 553300299719000
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1054.2
  • Tax Book Number: 01616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 17, 2019
Sold by
The Secretary Of Veterans Affairs
Bought by
Ward Robert Alvin
Seller's Agent
Benjamin Vanhook
Mountain Pro Real Estate Prof.
Buyer's Agent
Board Member Non
List Price
$175,800
Sold Price
$175,800
Current Estimated Value
$396,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,342
Avg. Annual Appreciation
13.88%

Purchase Details

Closed on
Jun 26, 2019
Sold by
Usaa Federal Savings Bank
Bought by
Secretary Of Veterans Affairs

Purchase Details

Listed on
May 6, 2017
Closed on
Aug 1, 2017
Sold by
Alberto Juan and Delgado Alberto Ines M
Bought by
Lafary Jennifer A
Seller's Agent
Michelle Spies
Carolina Mountain Homes
Buyer's Agent
Michelle Spies
Carolina Mountain Homes
List Price
$226,000
Sold Price
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$226,000
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Oct 27, 2006
Sold by
Berg Group Llc
Bought by
Alberto Juan and Delgado Alberto Ines M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ward Robert Alvin $176,000 None Available
Secretary Of Veterans Affairs -- None Available
Lafary Jennifer A $226,000 None Available
Alberto Juan $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafary Jennifer A $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2019 10/21/19 Sold $175,800 0.0% --
09/21/2019 09/21/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $175,800 -22.2% --
08/14/2017 08/14/17 Sold $226,000 0.0% -- View Prior Sale
06/30/2017 06/30/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $226,000 -- --
Source: Carolina Smokies Association 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 $1,570 $223,610 $0 $0
2024 $16 $223,610 $0 $0
2023 $1,560 $223,610 $0 $0
2022 $1,560 $223,610 $0 $0
2021 $1,314 $223,610 $36,900 $186,710
2020 $1,224 $223,610 $0 $0
2019 $1,054 $169,120 $0 $0
2018 $1,054 $169,120 $0 $0
2017 $0 $183,000 $0 $0
2016 $1,135 $183,000 $0 $0
2015 $1,135 $183,000 $31,450 $151,550
2012 -- $183,000 $31,450 $151,550
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Benjamin Vanhook

    Mountain Pro Real Estate Prof.

    (828) 342-3071

    2 Total Sales

    Benjamin Vanhook
    Section Image

  • B

    Buyer's Agent in 2019

    Board Member Non

  • M

    Seller's Agent in 2017

    Michelle Spies

    Carolina Mountain Homes

    (828) 342-2947

    15 in this area

    262 Total Sales

    Michelle Spies
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26013671

APN: 5533-00-29-9719-000

North Carolina Cherokee County Murphy 28905

225 Rice Ln, Murphy, NC

Not Listed for Sale

Detached

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