NOT LISTED FOR SALE

260 Mountain Valley Dr Hot Springs, NC 28743

Estimated Value: $734,746 - $1,020,000

5 Beds
5 Baths
2,136 Sq Ft
$434/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $990,000 $463 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,224/month

77 Days on Market

Highlights

  • Guest House
  • Spa
  • Private Lot
  • Madison Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of August 2024

Main cabin plus two small rental cabins on 7+ private wooded acres! Pristinely quiet and peaceful
mountain retreat, with the option to have a family compound or continue the existing profitable
rental business! Live in the main cabin and rent the two smaller ones, or rent all three! The main
house has a two story great room, large primary suite, and large 3 season screened porch. The two
rental cabins are offered fully furnished, & include newer hot tubs and cozy wood stoves. The
furnishings for the main cabin are negotiable separately. All three homes have been meticulously
maintained and a full features sheet is attached to the listing. 20 minutes to Hot Springs & the
Appalachian Trail, and 50 min to Asheville. Get away from it all, but still close enough!

Last Agent to Sell the Property

Heidi DuBose

Unique: A Real Estate Collective Brokerage Email: heidi.dubosefore@allentate.com License #255754 Listed on: 04/26/2024

Last Buyer's Agent

Brigid McIntyre

Allen Tate/Beverly-Hanks Asheville-Downtown License #339269

Allen Tate/Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 2016

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • 4 Open Parking Spaces

Home Design

  • Cabin
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Radon Mitigation System

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Shed
  • Outbuilding

Additional Homes

  • Guest House
  • Separate Entry Quarters

Schools

  • Hot Springs Elementary School
  • Madison Middle School
  • Madison High School

Utilities

  • Heat Pump System
  • Propane
  • Septic Tank
  • Fiber Optics Available

Community Details

  • Spring Creek Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8756-67-2822

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,018

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2016
  • Second Living Quarters: Guest House,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 282.70
  • Geocode Confidence: High
  • Attribution Contact: heidi.dubosefore@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Hot Tub, Kitchen Island
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1113
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 665
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Washer/Dryer, Wine Refrigerator
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1778
  • Has Basement: Basement Garage Door, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 358
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas Log, Outside
  • Living Area: 2136
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 10
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Year Round
  • Construction Type: Wood
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Basement

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Upper Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Radon Mitigation System
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Fiber Optics, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Level, Private, Rolling Slope, Sloped, Wooded
  • Lot Size Area: 7.06
  • Lot Size Units: Acres
  • Parcel Number: 8756-67-2822
  • Plat Book Slide: 8/239
  • Additional Parcels Description: 8756-67-2639, 8756-67-2596
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Hot Springs
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 1, 2024
Sold by
Mcdaniel John R and Mcdaniel Jeanne M
Bought by
Trust For Julie A Johnson and Holt
Seller's Agent
Heidi DuBose
Unique: A Real Estate Collective
Buyer's Agent
Brigid McIntyre
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$1,175,000
Sold Price
$990,000
Premium/Discount to List
-$185,000
-15.74%
Views
66
Current Estimated Value
$927,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,063
Avg. Annual Appreciation
-5.87%
Source: Public Records

Range of Values:

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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
Trust For Julie A Johnson $990,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdaniel John R $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $990,000 -0.7% $463 / Sq Ft
06/15/2024 06/15/24 Price Changed $997,000 -7.3% $467 / Sq Ft
05/29/2024 05/29/24 Price Changed $1,075,000 -8.5% $503 / Sq Ft
04/26/2024 04/26/24 For Sale $1,175,000 -- $550 / 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
2024 $2,018 $459,604 $71,488 $388,116
2023 $1,241 $229,799 $46,721 $183,078
2022 $1,241 $229,799 $46,721 $183,078
2021 $1,241 $229,799 $46,721 $183,078
2020 $1,241 $229,799 $46,721 $183,078
2019 $1,218 $209,951 $42,843 $167,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4131066

Canopy MLS (Canopy Realtor® Association)

APN: 8756-67-2822