NOT LISTED FOR SALE

25 Theresa Terrace Dr Unit Lot 1 & 2 Nebo, NC 28761

Estimated Value: $622,504 - $962,000

4 Beds
3 Baths
2,410 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $345,000 $143 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,148/month

36 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Wood Flooring
  • A-Frame Home
  • Cathedral Ceiling
  • Separate Outdoor Workshop

About This Home

As of November 2019

Beautiful Log Home in established community of The Meadows at Lake James Station, close to Lake James, with long range mountain views. This is a 4 bedroom, 3 bath home on 2.88 acres. Open floor plan with wall of windows in great room to enjoy the mountain views, stone fireplace with gas logs, wood burning stove, kitchen with island, all overlooking covered deck, there are two bedrooms and full bath on main level. Upstairs is Master suite with open loft over looking great room.
Basement is finished with game room including a Murphy bed, additional bedroom, bath, laundry, utility room and a one car garage. Step outside to large yard, raised garden beds and large storage building, 12 ft x 24 ft. This home is connected to city water, and also has a water Cistern for rain water collection. Most log furnishings are included. Seller would like to rent back for 30 days after closing.

Last Agent to Sell the Property

Denice Rechtiene

Lake Homes Realty LLC License #257118 Listed on: 09/17/2019

Lake Homes Realty LLC

Last Buyer's Agent

Donna Austin

Coldwell Banker Boyd & Hassell License #109646

Coldwell Banker Boyd & Hassell

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Open Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • A-Frame Home
  • Stone Siding
  • Log Siding

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Window Treatments
  • Storage Room
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 174200761329, 174200669585

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$35 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: A-Frame
  • Ratio Close Price By List Price: 0.98600
  • Ratio Close Price By Original Li: 0.98600
  • Ratio Current Price By Acre: 119791.67
  • Ratio Current Price By Sq Ft: 143.15
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Garage Door, Block
  • Upper Level Sq Ft: 400
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Exhaust Fan, Microwave, Refrigerator, Exhaust Hood, Washer, Electric Oven
  • Flooring: Carpet, Laminate Tile, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Storage Unit, Vaulted Ceiling, Window Treatments
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 810
  • Main Level Sq Ft: 1200
  • Total Sq Ft: 2410
  • Sq Ft Unheated Basement: 390
  • Sq Ft Unheated Total: 390

Exterior Features

  • Construction: Log, Metal, Stone
  • Construction Type: Site Built
  • Exterior Features: g-Rainwater Catchment, Shed(s), Workshop

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 1 Car, On-Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 420.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Nebo
  • Middle School: East McDowell
  • High School: McDowell

Lot Info

  • Lot Features: Long Range View, Mountain View, Open Lot, Trees, Views, Wooded, Year Round View
  • Lot Size Area: 2.880
  • Parcel Number: 174200761329, 174200669585
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 311340.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Williams Ronald James and Williams Christy Helene
Bought by
Gartin Joseph and Gartin Stefanie Harris
Current Estimated Value
$728,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,235
Outstanding Balance
$412,159
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$316,467

Purchase Details

Listed on
Sep 17, 2019
Closed on
Nov 19, 2019
Sold by
Mccardell William Kenneth and Mccardell Canille
Bought by
Williams Ronald James and Williams Christy Helene
Seller's Agent
Denice Rechtiene
Lake Homes Realty LLC
Buyer's Agent
Donna Austin
Coldwell Banker Boyd & Hassell
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$345,000
Interest Rate
3.5%

Purchase Details

Closed on
May 27, 2016
Sold by
Setzler Larry Wayne and Setzler Julia Loudermelt
Bought by
Mccardell William Kenneth and Mccardell Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
3.58%

Purchase Details

Closed on
May 19, 2009
Sold by
Ball Development Corp
Bought by
Setzler Larry Wayne and Setzler Julia Loudermelt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.79%
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
Gartin Joseph $445,000 None Available
Williams Ronald James $345,000 None Available
Mccardell William Kenneth $304,000 None Available
Setzler Larry Wayne $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gartin Joseph $455,235
Previous Owner Williams Ronald James $345,000
Previous Owner Mccardell William Kenneth $151,900
Previous Owner Setzler Larry Wayne $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $345,000 -1.4% $143 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $349,900 -- $145 / 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 $3,133 $468,960 $75,000 $393,960
2024 $3,133 $468,960 $75,000 $393,960
2023 $3,133 $468,960 $75,000 $393,960
2022 $2,314 $341,330 $50,000 $291,330
2021 $1,948 $287,340 $50,000 $237,340
2020 $1,977 $287,340 $0 $0
2019 $1,977 $250,470 $0 $0
2017 $1,629 $250,470 $0 $0
2016 $1,629 $250,470 $40,000 $210,470
2014 $1,603 $250,470 $40,000 $210,470
2013 -- $250,470 $40,000 $210,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3551264

Canopy MLS (Canopy Realtor® Association)

APN: 1742-00-76-1329