NOT LISTED FOR SALE

268 N Main St Robbinsville, NC 28771

Estimated Value: $172,291

2 Beds
1 Bath
5,632 Sq Ft
$31/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $277,500 $49 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $1,099/month

693 Days on Market

Highlights

  • Tile Flooring
  • Property is in excellent condition
  • Heat Pump System
  • Central Air
  • Wood Siding

About This Home

As of October 2018

A 2 bdrm/1ba apartment with covered porch and outside entrance completes this great business opportunity. The property is a rare chance for a chef, owner operator or entrepreneur who wants an opportunity to own a business and real estate. The restaurant has been owned and operated by only two families for decades. Completely renovated in 2007 with a kitchen that is fully appointed to support heavy volume restaurant and catering sales. Current owner has recently closed the business, but everything is ready to operate. This place has fantastic reviews online, loyal Facebook following and lots of goodwill in town. Keep the menu and name if wanted as it was popular in the community.

Last Agent to Sell the Property

Maxine Williams-Bahr

J & J Southland Realty Inc. License #152907 Listed on: 09/19/2016

Last Buyer's Agent

NON MEMBER

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,946

Lot Details

  • Property is in excellent condition
  • Zoning described as Other-See Remarks

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 5,632 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Location

  • City Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 566012045511P1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,946

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: No
  • Water Body Name: Lake Santeetlah
  • Directions: From the intersection of US 129 and US 143, head north on US 129 to the first traffic light and turn left. Phillips Smoky Mountain Restaurant is located about a half mile on the left.
  • Architectural Style: Other
  • Unit Levels: Two
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Other
  • Has Basement: Finished, Exterior Entry, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Drywall
  • Living Area: 5632

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Other
  • Property Condition: Excellent
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Other
  • Water Source: Public

Schools

  • Junior High Dist: Graham County Schools

Lot Info

  • Parcel #: 566012045511P1
  • Zoning Description: Other-See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Redmon Family Practice Pllc
Bought by
Romanini Louis D and Romanini Keri L
Current Estimated Value
$172,291

Purchase Details

Closed on
Mar 21, 2022
Sold by
268 N Main St Llc
Bought by
Redmon Family Practice Pllc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2016
Closed on
Oct 17, 2018
Sold by
Moll Tammy L
Bought by
268 N Main St Llc
Seller's Agent
Maxine Williams-Bahr
J & J Southland Realty Inc.
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$349,000
Sold Price
$277,500
Premium/Discount to List
-$71,500
-20.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.73%
Original Mortgage
$80,000
Interest Rate
4.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 6, 2012
Sold by
Moll John M
Bought by
Moll Tammy L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Romanini Louis D $168,000 None Listed On Document
Redmon Family Practice Pllc $180,000 Tallant Law Office Pa
268 N Main St Llc $277,500 None Available
Moll Tammy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redmon Family Practice Pllc $143,920
Previous Owner 268 N Main St Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $277,500 -20.5% $49 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
09/19/2016 09/19/16 For Sale $349,000 -- $62 / Sq Ft
Source: Mountain Lakes Board 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
2025 $1,946 $178,550 $36,000 $142,550
2024 $1,946 $178,550 $36,000 $142,550
2023 $1,946 $178,550 $36,000 $142,550
2022 $3,470 $277,590 $14,370 $263,220
2021 $3,470 $277,590 $14,370 $263,220
2020 $3,470 $277,590 $14,370 $263,220
2019 $4,370 $277,590 $14,370 $263,220
2018 $3,993 $323,350 $14,370 $308,980
2017 $1,892 $323,350 $0 $0
2016 $1,892 $323,350 $0 $0
2015 $189,160 $323,350 $0 $0
2013 -- $432,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Lakes Board of REALTORS®

MLS Number: 124963

APN: 5660-12-04-5511-P-1