NOT LISTED FOR SALE

242 Falling Creek Dr Nebo, NC 28761

Estimated Value: $476,878 - $517,000

3 Beds
2 Baths
1,999 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $436,000 $218 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,888/month

4 Days on Market

Highlights

  • Mountain View
  • Creek On Lot
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Log Cabin

About This Home

As of September 2023

Stunning, immaculate, spacious log cabin in beautiful gated Katy Creek. Whether your permanent residence or secret mountain getaway, you'll love the easy one floor living with gleaming wood floors, walls and vaulted ceilings. Enjoy the year round mountain views from two covered porches. Primary bedroom has ensuite bath and large closet. Stainless steel appliances, fireplace and convenient laundry on main level. Comfortable, cozy and charming, this meticulously maintained rustic home is move-in ready. Additional 400 heated, finished sf in the walkout basement complete with laminate flooring, wet bar and ensuite bath. Large 3.7 acre lot borders a lovely creek. Don't let this one get away! All appliances convey. Ample storage.

Last Agent to Sell the Property

Michelle Kistner

Allen Tate Beverly-Hanks Realty License #126768 Listed on: 08/25/2023

Allen Tate Beverly-Hanks Realty

Last Buyer's Agent

Michelle Kistner

Allen Tate Beverly-Hanks Realty License #126768 Listed on: 08/25/2023

Allen Tate Beverly-Hanks Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 2004

Lot Details

  • 3.78 Acre Lot
  • Sloped Lot
  • Few Trees

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Log Cabin
  • Metal Roof

Interior Spaces

  • 1,852 Sq Ft Home
  • 1,800-1,999 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Range
  • Built-In Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Creek On Lot
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Jerry Sullivan (217) 433 7569 HOA
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 164800770940

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,932

Year Built

Built in 2004

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Lot Description: Creek, Mountain View, Sloped, Some Trees
  • Total Sq Ft: 1852
  • Total Finished Sq Ft: 1852
  • Estimated Age: 11-20
  • Estimated Number of Acres: 3.78
  • Below Grade Finished Sq Ft: 406
  • Bonus/Recreation Room: N
  • Class: Residential
  • Garage Spaces: 0
  • HOA Management Company: Jerry Sullivan (217) 433-7569
  • HOA Regime Fee: 500
  • Hoa Regime Fee Mandatory: Yes
  • Hoa Term: Annual
  • HOA: Y
  • Lot Size Acreage: 2 - 5 Acres
  • Lvt Date: 08/25/2023
  • Number of Main Level Full Bathrooms: 2
  • Number Of Bedrooms: 3
  • Number Of Bedrooms Main Level: 3
  • Full Bathrooms: 2
  • Number Of Rooms Below Grade: 1
  • Parking Garage: Driveway Parking
  • Sold Price Sq Ft: 235.42
  • Street Designation: Drive
  • Style: Log
  • Tax Rate4percent6percent: 4%
  • Total Finished Heated Sq Ft: 1800-1999
  • Type: Single Family
  • Range of Unfinished Sq Ft: None
  • Assessor Parcel Number: 164800770940
  • Estimated Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances: Dryer, Refrigerator, Washer, Stand Alone Rng-Smooth Tp, Microwave-Built In
  • Basement: Partial Finished, Walkout, Interior Access
  • Floors: Wood, Laminate Flooring
  • Interior Amenities: Cable Available, Ceiling Fan, Ceiling Cathedral/Vaulted, Smoke Detector, Window Trmnts-Some Remain
  • Master Bed Features: Full Bath, Master On Main Lvl, Tub-Garden
  • Storage Space: Garage
  • Master Bedroom: Y, Size: 16x11
  • Sun Room: N
  • Bedroom 2: Y, Size: 9x10
  • Bedroom 3: Y, Size: 9x10
  • Breakfast Room: N
  • Den: N
  • Dining Room: Y, Size: 10x10
  • Fireplace: Gas Logs
  • Great Room: N
  • Kitchen: Y, Size: 8x10
  • Laundry Room: N
  • Living Room: Y, Size: 19x11
  • Number Of Stories: 1+Basement
  • Price Per Sq Ft: 235.42
  • Bedroom 4: N

Exterior Features

  • Driveway: Paved
  • Exterior Features: Deck
  • Exterior Finish: Wood
  • Foundation: Basement
  • Roof: Metal

Garage/Parking

  • Parking Type: See Parking Features

Utilities

  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric
  • Cooling System: Central Forced
  • Heating System: Baseboard, Electric
  • Laundry: 1st Floor

Lot Info

  • Geo Subdivision: NC

Tax Info

  • Tax Year: 2023
  • Total Taxes: 1932.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 29, 2023
Sold by
Sullivan Jerry L and Sullivan Debra Jo
Bought by
Munday Scott and Munday Terri
Seller's Agent
Michelle Kistner
Allen Tate Beverly-Hanks Realty
Buyer's Agent
Michelle Kistner
Allen Tate Beverly-Hanks Realty
List Price
$400,000
Sold Price
$436,000
Premium/Discount to List
$36,000
9%
Views
132
Current Estimated Value
$493,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,720
Avg. Annual Appreciation
6.36%
Original Mortgage
$286,000
Outstanding Balance
$273,022
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$217,808

Purchase Details

Closed on
Jun 26, 2020
Sold by
Anderson Benjamin F and Anderson Betty B
Bought by
Sullivan Jerry L and Sullivan Debbie

Purchase Details

Closed on
Sep 1, 2002
Bought by
Anderson Benjamin F and Anderson Betty B
Source: Public Records

Range of Values:

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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
Munday Scott $436,000 None Listed On Document
Sullivan Jerry L $225,000 None Available
Anderson Benjamin F $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munday Scott $286,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $436,000 +9.0% $242 / Sq Ft
08/25/2023 08/25/23 For Sale $400,000 -- $222 / Sq Ft
Source: Greater Greenville 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
2024 $1,932 $293,660 $75,000 $218,660
2023 $1,932 $293,660 $75,000 $218,660
2022 $1,469 $219,860 $60,000 $159,860
2021 $1,496 $223,960 $50,000 $173,960
2020 $1,518 $223,960 $0 $0
2019 $1,518 $183,490 $0 $0
2017 $1,175 $183,490 $0 $0
2016 $1,175 $183,490 $40,000 $143,490
2014 $1,156 $183,490 $40,000 $143,490
2013 -- $183,490 $40,000 $143,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Greenville Association of REALTORS®

MLS Number: 1506674

Greater Greenville Association of REALTORS®

APN: 1648-00-77-0940