NOT LISTED FOR SALE

247 Elk Mountain Trail Unit M16 Brevard, NC 28712

Estimated Value: $3,018,299

3 Beds
6 Baths
4,480 Sq Ft
$674/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $1,775,000 $396 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $16,747/month

33 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Wood Flooring
  • Community Lake
  • Private Lot
  • Community Pool

About This Home

As of October 2020

This PLATT designed home that is expertly constructed with the finest materials commands a rare north western view across Pisgah National Forest. The property is located in a very private section of Straus Park, within the city limits of Brevard, close to shopping, the hospital, and downtown. Cedar shake roof, stone and poplar bark siding, and hand hewn beams are just a few of the elements that are crafted to create an authentic mountain experience. Kitchen design features unique brick barrel-vaulted ceiling and a layout for hosting and entertaining. Two covered porches on the main level, connected by a deck, and the outdoor fireplace encourage time outdoors taking in the spectacular view. The primary bedroom on main level has two complete bathrooms. Lower level, accessible by elevator, has an office and climate controlled wine cellar and tasting room, and serves as all inclusive guest quarters with two bedrooms and baths, kitchen, dining and living area, plus a private porch.

Last Agent to Sell the Property

John Witherspoon

Witherspoon Platt Associates License #241615 Listed on: 07/24/2020

Last Buyer's Agent

John Witherspoon

Witherspoon Platt Associates License #241615 Listed on: 07/24/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.82

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2

Home Design

  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Additional Features

  • Private Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8587-71-5734-000
  • Tax Block Phase 1

Community Details

Overview

  • Ipm HOA, Phone Number (828) 650-6875
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.98611
  • Ratio Close Price By Original Li: 0.98611
  • Ratio Current Price By Acre: 2141133.90
  • Ratio Current Price By Sq Ft: 396.21
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Central Vacuum, Cooktop Gas, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Natural Gas, Washer
  • Fireplace Description: Great Room, Porch
  • Fireplace: Yes
  • Flooring: Laminate Stone, Tile, Wood
  • H O A Management Phone: 828-650-6875
  • Interior Amenities: Cable Available, Elevator, Kitchen Island, Open Floorplan, Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Lower Level Sq Ft: 2173
  • Main Level Sq Ft: 2307
  • Total Sq Ft: 4480
  • Sq Ft Unheated Lower: 214
  • Sq Ft Unheated Total: 214

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Elevator

Garage/Parking

  • Parking: Detached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 770.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Brevard
  • Middle School: Brevard
  • High School: Brevard

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved Frontage, Private, Year Round View
  • Lot Size Area: 0.829
  • Parcel Number: 8587-71-5734-000
  • Plat Book Slide: 57/455-457
  • Plat Reference Section Pages: F7,455-457
  • Zoning Specification: GR4

Tax Info

  • Tax Value: 1084290.00
  • Tax Block: Phase 1
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2006
Sold by
Fisher Arthur G
Bought by
Sotkin Stephan and Sotkin Jeanne
Current Estimated Value
$3,018,299
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sotkin Stephan $285,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $1,775,000 -1.4% $396 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $1,800,000 -- $402 / 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 $10,253 $2,497,660 $330,000 $2,167,660
2024 $10,724 $1,777,480 $210,000 $1,567,480
2023 $10,724 $1,777,480 $210,000 $1,567,480
2022 $10,724 $1,777,480 $210,000 $1,567,480
2021 $10,724 $1,777,480 $210,000 $1,567,480
2020 $6,896 $1,084,290 $0 $0
2019 $6,896 $1,084,290 $0 $0
2018 $11,071 $1,084,290 $0 $0
2017 $10,908 $1,084,290 $0 $0
2016 $10,745 $1,084,290 $0 $0
2015 $10,432 $1,260,870 $284,000 $976,870
2014 $10,432 $1,260,870 $284,000 $976,870
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3640573

Canopy MLS (Canopy Realtor® Association)

APN: 8587-71-5734-000