NOT LISTED FOR SALE

281 Spring Water Dr Brevard, NC 28712

Estimated Value: $210,000 - $304,000

1 Bed
2 Baths
901 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $197,000 $219 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,394/month

127 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System
  • Wooded Lot
  • Laundry Room
  • Washer and Dryer

About This Home

As of December 2023

This charming log cabin is located less than 10 miles from Brevard in Lake Honda, off East Fork Road. Owners have recently remodeled - would make a great AirBnb or Vacation Rental. New refrigerator, washer/dryer, kitchen countertops, living room ceiling and fan, 2 new commodes, interior doors.
The main entry level incorporates the kitchen / dining area, living room, laundry and full bathroom.
The upper level has a bedroom and a bonus room, along with a full bathroom. There is a den downstairs. Peaceful park like setting.

Last Agent to Sell the Property

Gareth Daley

Mountain Time Vacation Rentals Brokerage Email: gareth@mountaintimevacations.com License #242051 Listed on: 07/17/2023

Last Buyer's Agent

Sadie Carlson

Looking Glass Realty License #323393

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Brevard Elementary And Middle School
  • Brevard High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Propane
  • Shared Well
  • Septic Tank

Community Details

  • Lake Hondah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8592-02-7847-000

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1981
  • Road Surface Type: Gravel
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 218.65
  • Geocode Confidence: High
  • Attribution Contact: gareth@mountaintimevacations.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 560
  • Third Level Sq Ft: 50
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 291
  • Appliances: Dryer, Electric Oven, Microwave, Washer/Dryer
  • Above Grade Finished Sq Ft: 901
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 901
  • Bedroom Main: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Log, Wood
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Propane
  • Sewer: Septic Installed
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Brevard
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Creek Front, Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 8592-02-7847-000
  • Zoning: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R2

MLS Schools

  • Elementary School: Brevard
  • High School: Brevard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Dec 8, 2023
Sold by
Raleigh Michael R and Yates Kimberly A
Bought by
Moore Parker E and Moore Richard A
Seller's Agent
Gareth Daley
Mountain Time Vacation Rentals
Buyer's Agent
Sadie Carlson
Looking Glass Realty
List Price
$225,900
Sold Price
$197,000
Premium/Discount to List
-$28,900
-12.79%
Views
555
Current Estimated Value
$254,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,437
Avg. Annual Appreciation
12.89%
Original Mortgage
$152,600
Outstanding Balance
$150,191
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$104,246

Purchase Details

Listed on
Jul 2, 2022
Closed on
Aug 10, 2022
Sold by
Stoneburner Wesley H and Stoneburner Elizabeth
Bought by
Raleigh Michael R and Yates Kimberly A
Seller's Agent
Jake Tibstra
Looking Glass Realty, Connestee Falls
Buyer's Agent
Charlotte Sheppard
Fathom Realty NC LLC
List Price
$159,000
Sold Price
$152,000
Premium/Discount to List
-$7,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.18%

Purchase Details

Closed on
Mar 1, 2004
Bought by
Stoneburner Wesley and Stoneburner Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moore Parker E $205,000 None Listed On Document
Moore Parker E $205,000 None Listed On Document
Raleigh Michael R $152,000 Brian P Phillips Pa
Stoneburner Wesley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Parker E $152,600
Closed Moore Parker E $152,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $197,000 -5.7% $219 / Sq Ft
09/23/2023 09/23/23 Price Changed $209,000 -7.5% $232 / Sq Ft
07/17/2023 07/17/23 For Sale $225,900 +48.6% $251 / Sq Ft
08/10/2022 08/10/22 Sold $152,000 -4.4% $130 / Sq Ft View Prior Sale
07/09/2022 07/09/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $159,000 -- $136 / 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 $926 $192,640 $30,000 $162,640
2024 $777 $118,020 $27,000 $91,020
2023 $777 $118,020 $27,000 $91,020
2022 $363 $55,080 $27,000 $28,080
2021 $360 $55,080 $27,000 $28,080
2020 $363 $52,200 $0 $0
2019 $361 $52,200 $0 $0
2018 $310 $52,200 $0 $0
2017 $307 $52,200 $0 $0
2016 $302 $52,200 $0 $0
2015 $234 $52,500 $27,000 $25,500
2014 $234 $52,500 $27,000 $25,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4049915

Canopy MLS (Canopy Realtor® Association)

APN: 8592-02-7847-000