NOT LISTED FOR SALE

242 Hemlock Loop Newland, NC 28657

Estimated Value: $279,000 - $329,000

2 Beds
2 Baths
914 Sq Ft
$330/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $180,000 $197 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,865/month

Highlights

  • Golf Course Community
  • River Access
  • 24-Hour Security
  • Crossnore Elementary School Rated 9+
  • Fitness Center
  • Fishing

About This Home

As of September 2021

Light, bright and charming, move-in-ready cottage with new hardwood floors. Free standing wood burning fireplace. Interior and Exterior recently painted, also front and back porches have new paint. New Gravel in Driveway. Comfortable for a permanent or second home. Excellent rental potential. Property is two lots combined on one deed. Beautiful view of woods from the covered back porch with area for fire pit. Linville Land Harbor POA fees include Internet, TV, Water and Sewer, 24 hour Security, Heated Pool, Road Maintenance/snow clearing and access to lake, Linville River and trails. Golf and Tennis have additional fees.

Last Agent to Sell the Property

Malinda Boren

Premier Sotheby's International Realty- Banner Elk Listed on: 05/14/2021

Last Buyer's Agent

James Wells

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $414

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $204 Monthly HOA Fees

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 914 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Views of Trees
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • River Access
  • Lake Privileges
  • Covered Patio or Porch

Schools

  • Newland Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 262 & 263
  • Assessor Parcel Number 18440637873300000

Community Details

Overview

  • Private Membership Available
  • Linville Land Harbor Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$414

Year Built

Built in 1985

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Linville Land Harbor
  • Above Grade Finished Sq Ft: 914.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Skylights, Window Treatments
  • Living Area: 914.0
  • Stories: 1
  • Window Features: Double Hung, Double Pane Windows, Screens, Skylight(s), Window Treatments

Exterior Features

  • Pool Features: Community
  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Lake Privileges, River Access
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Multiple
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Main Level
  • Security: 24 Hour Security
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s), Hot Water
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness Center, Fishing, Golf, Lake, Pool, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 2447.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Newland
  • High School: Avery County

Lot Info

  • Parcel #: 18440637873300000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 414.15
  • Tax Book Number: 410/2070
  • Tax Lot: 262 & 263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Aug 24, 2021
Sold by
Snowland Properties Llc
Bought by
Thomas Robbie Lee and Robbie Lee Thomas Revocable Tr
Seller's Agent
Malinda Boren
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
James Wells
EXP Realty LLC
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$302,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,000
Avg. Annual Appreciation
14.74%

Purchase Details

Closed on
Mar 10, 2006
Sold by
Sexton Virginia Faye and Sexton Richard W
Bought by
Teklinski Steven F and Teklinski Gretchen Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving
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
Thomas Robbie Lee $180,000 None Available
Teklinski Steven F $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teklinski Steven F $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $180,000 0.0% $197 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $180,000 -- $197 / Sq Ft
Source: High Country 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 $794 $206,600 $20,000 $186,600
2023 $794 $198,500 $20,000 $178,500
2022 $0 $198,500 $20,000 $178,500
2021 $363 $66,000 $18,500 $47,500
2020 $363 $66,000 $18,500 $47,500
2019 $363 $66,000 $18,500 $47,500
2018 $379 $66,000 $18,500 $47,500
2017 $412 $71,500 $0 $0
2016 $334 $71,500 $0 $0
2015 $334 $71,500 $20,000 $51,500
2012 -- $79,200 $35,000 $44,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Malinda Boren

    Premier Sotheby's International Realty- Banner Elk

    Section Image

  • J

    Buyer's Agent in 2021

    James Wells

    EXP Realty LLC

    (828) 460-3847

    3 in this area

    83 Total Sales

    James Wells
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 228617

High Country Association of REALTORS®

APN: 1844-06-37-8733-00000

North Carolina Avery County Newland 28657

242 Hemlock Loop, Newland, NC

This home is located at 242 Hemlock Loop, Newland, NC 28657 since 14 May 2021 and is currently estimated at $302,000, approximately $330 per square foot. This property was built in 1985. 242 Hemlock Loop is a home located in Avery County with nearby schools including Crossnore Elementary School and Avery Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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