NOT LISTED FOR SALE

227 Otter Ln Spruce Pine, NC 28777

Estimated Value: $316,000 - $412,000

3 Beds
2 Baths
2,200 Sq Ft
$167/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $215,000 $98 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,004/month

5 Days on Market

Highlights

  • A-Frame Home
  • Creek On Lot
  • Home fronts a stream
  • Hilly Lot
  • Wooded Lot
  • Level Lot

About This Home

As of August 2020

Just a few miles from the Blue Ridge Parkway exit at Little Switzerland, this is a great house in a great location! A private, 3.97 acre wooded lot at the end of the road with a creek running the base of the property. 2 story vaulted ceiling with open concept living space! The master bedroom on the main floor, as well as the 2 bedrooms upstairs, have direct access to balconies! Huge deck space for outside living all the way around the house. The wood burning stone fireplace will keep you warm on those cold winter nights! The area around the second floor balcony could be utilized for many things. Play area, office or sitting room, you can make it your own! This home would be wonderful as a full-time or a vacation residence! Close to Emerald Village!

Last Agent to Sell the Property

Ginger Gregory

Coldwell Banker Advantage License #286667 Listed on: 06/03/2020

Coldwell Banker Advantage

Last Buyer's Agent

Ann Ferguson

Ferguson Real Estate & Associates License #287851

Ferguson Real Estate & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Home fronts a stream
  • Level Lot
  • Open Lot
  • Hilly Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property
  • Crawl Space
  • Oven

Flooring

  • Laminate
  • Vinyl

Outdoor Features

  • Creek On Lot

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0777-00-16-9443

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2.5 Story
  • Architectural Style: A-Frame
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98174
  • Ratio Close Price By Original Li: 0.98174
  • Ratio Current Price By Acre: 54156.17
  • Ratio Current Price By Sq Ft: 97.73
  • Year Built: 1965
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 913
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dryer, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Laminate Wood, Vinyl
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 1100
  • Third Level Sq Ft: 187
  • Total Sq Ft: 2200

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: Propane
  • Sewer: Septic Installed
  • Water: Shared Well
  • Water Heater: Electric

Lot Info

  • Lot Features: Creekfront, Hilly, Level, Open Lot, Sloping, Stream/Creek, Trees, Winter View, Wooded
  • Parcel Number: 0777-00-16-9443

Tax Info

  • Tax Value: 162100.00
  • Tax Location: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 21, 2020
Sold by
Johnson Robert C
Bought by
Robinson Lena Marie and Robinson Dustin D
Seller's Agent
Ginger Gregory
Coldwell Banker Advantage
Buyer's Agent
Ann Ferguson
Ferguson Real Estate & Associates
List Price
$219,000
Sold Price
$215,000
Premium/Discount to List
-$4,000
-1.83%
Current Estimated Value
$367,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,023
Avg. Annual Appreciation
10.49%
Original Mortgage
$217,171
Outstanding Balance
$192,287
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$174,736
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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Purchase History

Date Buyer Sale Price Title Company
Robinson Lena Marie $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Lena Marie $217,171
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $215,000 -1.8% $98 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $219,000 -- $100 / 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 $1,018 $159,000 $51,700 $107,300
2024 $1,452 $230,500 $51,700 $178,800
2023 $1,452 $230,500 $51,700 $178,800
2022 $1,452 $230,500 $51,700 $178,800
2021 $1,054 $162,100 $51,700 $110,400
2020 $1,054 $162,100 $51,700 $110,400
2019 $1,054 $162,100 $51,700 $110,400
2018 $1,054 $162,100 $51,700 $110,400
2017 $1,011 $155,600 $57,600 $98,000
2016 $934 $155,600 $57,600 $98,000
2015 $879 $155,600 $57,600 $98,000
2014 $879 $155,600 $57,600 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3627348

Canopy MLS (Canopy Realtor® Association)

APN: 0777-00-16-9443