NOT LISTED FOR SALE

2631 Coweeta Lab Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $373,000 - $437,000

3 Beds
3 Baths
832 Sq Ft
$498/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $385,000 $463 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,395/month

223 Days on Market

Highlights

  • Water Views
  • Deck
  • Traditional Architecture
  • Open Floorplan
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of August 2024

Introducing a stunning two story 3-bedroom 3 bath home nestled on a picturesque 0.82-acre oasis beautifully landscaped with 2 creeks, pond, pergola, & amazing mountain views. The covered front porch is so inviting, the large side & back porches let you take in what this amazing property has to offer. Upon entering this captivating residence, the beautiful crown molding frames the openness of the main floor, beautiful wood floors throughout, brick gas logs fireplace, large custom kitchen with granite countertops & glass cabinetry, full bath, laundry room & the single car garage access completes the main floor. Upstairs boasts new wood floors & ceramic tiled baths, the primary suite which offers custom vanity, wic, & linen closet, 2 additional guest rooms & full bath. This traditional home exudes elegance & modern charm, enjoy the tranquil ambiance of two creeks, one that meanders through & the other bold creek that borders the property & a serene pond, creating a nature lover's paradise right in your backyard. There's also a 130 Yr. Old Root Cellar & an outbuilding for your gardening tools. This oasis is the epitome of comfortable & luxurious living in a serene natural setting.

Last Agent to Sell the Property

Danielle Serjan

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #218121 Listed on: 12/04/2023

Keller Williams Realty Of Franklin

Last Buyer's Agent

Adam Tallent

Mason Peak Mountain Properties, LLC License #341020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 1982

Lot Details

  • 0.82 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof
  • HardiePlank Type
  • Composite Building Materials

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Whole House Fan
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Heating System Powered By Leased Propane
  • Baseboard Heating
  • Shared Well
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6570779206

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,289

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.82
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: Hwy 441 South, Right on Coweeta Lab Road, follow 2.6 miles to house on Right @ 2631
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1982
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated/Storm
  • Fireplace Features: Gas Log, Brick
  • Fireplace: Yes
  • Flooring: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Ceramic Tile Bath, Kitchen/Dining Room, Large Master Bedroom, Living/Dining Room, Primary w/Ensuite, Open Floorplan, Walk-In Closet(s)
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Unrestricted
  • View: View-Winter, View Year Round, Water
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Composition Siding
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single Attached, Garage Door Opener

Utilities

  • Laundry Features: First Level
  • Cooling: Whole House Fan, Ductless
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Baseboard, Mini-Split
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Shared Well, See Remarks
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 35719.2
  • Parcel #: 6570779206
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1288.6
  • Tax Book Number: T-41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Aug 1, 2024
Sold by
Taulbee Alison R
Bought by
Cutshaw Lennie and Cutshaw Shirley
Seller's Agent
Danielle Serjan
Keller Williams Realty Of Franklin
Buyer's Agent
Adam Tallent
Mason Peak Mountain Properties, LLC
List Price
$465,000
Sold Price
$385,000
Premium/Discount to List
-$80,000
-17.2%
Views
147
Current Estimated Value
$414,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,210
Avg. Annual Appreciation
23.91%

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 30, 2022
Sold by
Amended Paul M Inman and Revoca Restated
Bought by
Taulbee Alison R
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Danielle Serjan
Keller Williams - Great Smokies - Bc
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$333,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2020
Sold by
Inman Paul M and Inman Lorette
Bought by
Inman Paul M and Paul M Inman Revocable Trust

Purchase Details

Closed on
Jun 14, 2007
Sold by
Moore Robert L and Moore Candie
Bought by
Inman Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.16%
Mortgage Type
New Conventional
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
Cutshaw Lennie $385,000 None Listed On Document
Taulbee Alison R $370,000 None Listed On Document
Inman Paul M -- None Available
Inman Paul M $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taulbee Alison R $333,000
Previous Owner Inman Paul M $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $385,000 -7.2% $463 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/11/2024 05/11/24 Price Changed $415,000 -2.4% $499 / Sq Ft
03/04/2024 03/04/24 Price Changed $425,000 -4.5% $511 / Sq Ft
01/02/2024 01/02/24 Price Changed $445,000 -4.3% $535 / Sq Ft
12/12/2023 12/12/23 For Sale $465,000 0.0% $559 / Sq Ft
12/11/2023 12/11/23 Off Market $465,000 -- --
12/04/2023 12/04/23 For Sale $465,000 +25.7% $559 / Sq Ft
04/18/2022 04/18/22 Sold $370,000 0.0% $217 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $370,000 -- $217 / Sq Ft
Source: Carolina Smokies 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 -- $348,060 $43,870 $304,190
2023 $1,289 $348,260 $43,870 $304,390
2022 $1,060 $190,320 $36,740 $153,580
2021 $1,060 $190,320 $36,740 $153,580
2020 $951 $190,320 $36,740 $153,580
2018 $916 $198,370 $30,960 $167,410
2017 $0 $198,370 $30,960 $167,410
2016 $916 $198,370 $30,960 $167,410
2015 $886 $198,370 $30,960 $167,410
2014 $865 $241,910 $58,060 $183,850
2013 -- $241,910 $58,060 $183,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26035341

APN: 6570779206