NOT LISTED FOR SALE

226 Jakes Branch Rd Spruce Pine, NC 28777

Estimated Value: $195,000 - $237,000

2 Beds
1 Bath
998 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $178,000 $178 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,175/month

50 Days on Market

Highlights

  • Cottage
  • High Speed Internet
  • Paved or Partially Paved Lot
  • Laundry Room

About This Home

As of June 2022

Adorable Cottage on the perfect street just outside of Downtown Spruce Pine! Awesome outdoor living space with gently rolling yard, a large outbuilding, & 2 covered carports! Perfect for someone looking to downsize with just under 1,000 sqft of heated living space and .47 acre. Plenty of space for a family garden! City water & sewer! Large family kitchen connects to dining room and outdoor patio, perfect for grilling! Cozy living room, large bedroom & small bedroom. Recently updated bathroom! An absolute must see! Would be a great investment property!

Last Agent to Sell the Property

Stephanie Johnson

Mountain Adventure Realty License #281075 Listed on: 04/26/2022

Last Buyer's Agent

Dylan Ledford

Mountain Adventure Realty License #333005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 1940

Lot Details

  • Paved or Partially Paved Lot
  • Cleared Lot
  • Zoning described as N/A

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 998 Sq Ft Home
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outbuilding

Schools

  • Harris Middle School
  • Mitchell High School

Utilities

  • Heating System Uses Oil
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1800-01-27-3281

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1940
  • Ratio Current Price By Acre: 378723.40
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Circular, Dirt, Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Outside Entrance, Crawl Space, Pier & Beam
  • Fireplace: No
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 998
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Front
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 998
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Outbuilding(s), Wired Internet Available
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 2000
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Carport - 1 Car, Driveway

Utilities

  • Heating: Oil
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Mud Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Cleared, Paved
  • Lot Size Area: 0.47
  • Lot Size Units: Acres
  • Parcel Number: 1800-01-27-3281
  • Zoning Description: N/A

Tax Info

  • RATIO List Price By Tax Amount: 3.16583

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 13, 2022
Sold by
Woodie Samuel R and Woodie Sarah W
Bought by
Shipman David Cole and Shipman Emily Blake
Seller's Agent
Stephanie Johnson
Mountain Adventure Realty
Buyer's Agent
Dylan Ledford
Mountain Adventure Realty
List Price
$189,000
Sold Price
$178,000
Premium/Discount to List
-$11,000
-5.82%
Current Estimated Value
$210,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,093
Avg. Annual Appreciation
6.20%
Original Mortgage
$174,775
Outstanding Balance
$169,023
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$46,488

Purchase Details

Closed on
Feb 3, 2022
Sold by
Edward Murdock Lucas
Bought by
Woodie Samuel R

Purchase Details

Closed on
Oct 20, 2008
Sold by
Phillips James Henry and Phillips Tonya
Bought by
Murdock Lucas Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2005
Sold by
Willis Robert R and Willis Patricia C
Bought by
Phillips James Henry and Phillips Tonya
Source: Public Records

Range of Values:

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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
Shipman David Cole $178,000 Gerald R Mckinney Pa
Woodie Samuel R $105,000 Gerald R Mckinney Pa
Murdock Lucas Edward $79,000 None Available
Phillips James Henry -- None Available
Phillips James Henry $59,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipman David Cole $174,775
Previous Owner Murdock Lucas Edward $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $178,000 -5.8% $178 / Sq Ft
04/26/2022 04/26/22 For Sale $189,000 -- $189 / 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 $721 $114,400 $15,900 $98,500
2023 $609 $96,600 $15,900 $80,700
2022 $609 $96,600 $15,900 $80,700
2021 $388 $59,700 $13,000 $46,700
2020 $388 $59,700 $13,000 $46,700
2019 $388 $59,700 $13,000 $46,700
2018 $388 $59,700 $13,000 $46,700
2017 $399 $61,400 $13,000 $48,400
2016 $368 $61,400 $13,000 $48,400
2015 $37 $61,400 $13,000 $48,400
2014 $368 $61,400 $13,000 $48,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3854003

Canopy MLS (Canopy Realtor® Association)

APN: 1800-01-27-3281