NOT LISTED FOR SALE

279 Walela Trail Maggie Valley, NC 28751

Estimated Value: $844,000 - $1,115,000

3 Beds
4 Baths
2,613 Sq Ft
$397/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $930,000 $356 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,648/month

96 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Cathedral Ceiling
  • Pond
  • Outdoor Fireplace
  • Gazebo

About This Home

As of September 2022

True Mountain Elegance. Luxury log home with one of the most admired views in SMR. Sunset views from every room, main level has all you need without all the stairs. Upper level has large multi use loft with views access to bathroom from 2nd bedroom with views and Master Bd has balcony where you can enjoy your morning coffee while enjoying the truly outstanding views. All bedrooms are ensuite. Large open area kitchen with dining area over looks the great room with stacked stone gas fireplace. Large Bedroom and full bath on main level. Another Bathroom off the great room. Views and sunsets from the 500 sq ft of outdoor living area are beyond compare. Large deck and gazebo and state of the art kitchen with granite counter tops, wood burning fireplace. You won't want to leave. Home Warranty offered, generator, metal roof that was recently serviced for long life. Fully furnished and turn key. Flat area yard with/ fire pit, area for pets/kids. 2 car garage with additional parking.

Last Agent to Sell the Property

Carolyn Mickey

Coldwell Banker Advantage License #305215 Listed on: 05/21/2022

Coldwell Banker Advantage

Last Buyer's Agent

Mary Hansen

RE/MAX Executive License #249185

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Front Green Space
  • Fenced
  • Sloped Lot
  • Wooded Lot
  • Zoning described as R1

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room with Fireplace
  • Sustainable Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Range
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • Washer

Parking

  • Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Balcony
  • Fireplace in Patio
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit
  • Gazebo
  • Separate Outdoor Workshop
  • Outdoor Gas Grill

Utilities

  • Heat Pump System
  • Power Generator
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8606-24-0981

Community Details

Overview

  • Bob Mickey Association, Phone Number (704) 756-3187
  • Smoky Mountain Retreat At Eagles Nest Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Ratio Current Price By Acre: 920792.08
  • Restrictions: Architectural Review,Deed,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 355.91
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Fireplace: Yes
  • Flooring: Carpet, Sustainable
  • Interior Amenities: Built Ins, Cathedral Ceiling(s), Garage Shop, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Window Treatments
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1192
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 500
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 500
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1421
  • Porch: Balcony,Covered,Porch-Wrap Around
  • Appliances: Central Vacuum, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, Gas Oven, Gas Range, Generator, Plumbed For Ice Maker, Oven, Refrigerator, Security System, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Vented, Great Room, Porch, Wood Burning
  • Living Area: 2613
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fence, Fire Pit, Gazebo, Gas Grill, Outdoor Fireplace, Outdoor Kitchen, Underground Power Lines, Workshop
  • New Construction: No
  • Roof: Metal
  • Tax Location: Maggie Valley
  • Construction Type: Site Built
  • Waterfront Elevation: 4000
  • Construction Type: Log, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 496
  • Parking Features: Garage - 2 Car, Garage Door Opener, Parking Space - 3

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Playground, Pond
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Bob Mickey
  • Phone: 704-756-3187
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: bob.mickey@hotmail.com
  • CAR_YearlyHOAExpense: 1300.00

Lot Info

  • Lot Features: Green Area, Long Range View, Mountain View, Sloped, Wooded, Views, Wooded, Year Round View
  • Lot Size Area: 1.01
  • Lot Size Units: Acres
  • Parcel Number: 8606-24-0981
  • Plat Reference Section Pages: 50
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.89924

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Sep 13, 2022
Sold by
Palumbo Donald A and Palumbo Janet M
Bought by
Parker Claude Jackson and Parker Vicki Theresa
Seller's Agent
Carolyn Mickey
Coldwell Banker Advantage
Buyer's Agent
Mary Hansen
RE/MAX Executive
List Price
$1,150,000
Sold Price
$930,000
Premium/Discount to List
-$220,000
-19.13%
Views
19
Current Estimated Value
$1,122,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,801
Avg. Annual Appreciation
6.68%

Purchase Details

Listed on
Aug 22, 2016
Closed on
Mar 1, 2017
Sold by
Merucci Lynn C
Bought by
Palumbo Donald A and Palumbo Janet M
Seller's Agent
Sherell Johnson
Smoky Mountain Retreat Realty
Buyer's Agent
Sherell Johnson
Smoky Mountain Retreat Realty
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$100,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 22, 2016
Closed on
Feb 2, 2017
Sold by
Palumbo Donald A and Palumbo Janet M
Bought by
Lence Richard Alfonso and Denotto Luana Lea
Seller's Agent
Sherell Johnson
Smoky Mountain Retreat Realty
Buyer's Agent
Sherell Johnson
Smoky Mountain Retreat Realty
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 2004
Bought by
Lynn C Merucci Dec Of Tr
Source: Public Records

Range of Values:

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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
Parker Claude Jackson $930,000 --
Palumbo Donald A $590,000 Attorney
Lence Richard Alfonso $390,000 Attorney
Lynn C Merucci Dec Of Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palumbo Donald A $130,000
Previous Owner Palumbo Donald A $75,000
Previous Owner Palumbo Donald A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $930,000 -6.9% $356 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $999,000 -4.9% $382 / Sq Ft
06/23/2022 06/23/22 Price Changed $1,050,000 -4.5% $402 / Sq Ft
06/07/2022 06/07/22 Price Changed $1,100,000 -4.3% $421 / Sq Ft
05/21/2022 05/21/22 For Sale $1,150,000 +94.9% $440 / Sq Ft
03/01/2017 03/01/17 Sold $590,000 -0.8% $226 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
08/22/2016 08/22/16 For Sale $595,000 -- $228 / 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 -- $779,000 $100,200 $678,800
2024 $5,067 $779,000 $100,200 $678,800
2023 $5,067 $779,000 $100,200 $678,800
2022 $4,166 $673,500 $100,300 $573,200
2021 $4,166 $673,500 $100,300 $573,200
2020 $3,404 $503,100 $75,300 $427,800
2019 $3,409 $503,100 $75,300 $427,800
2018 $3,374 $497,700 $75,300 $422,400
2017 $3,374 $497,700 $0 $0
2016 $3,457 $526,000 $0 $0
2015 $3,457 $526,000 $0 $0
2014 $3,255 $526,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3862890

Canopy MLS (Canopy Realtor® Association)

APN: 8606-24-0981