NOT LISTED FOR SALE

286 Cheulah Rd Unit 16-22 Brevard, NC 28712

Estimated Value: $737,000 - $984,245

3 Beds
2 Baths
1,620 Sq Ft
$554/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $360,000 $222 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,232/month

288 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Open Floorplan
  • Fitness Center
  • Waterfront
  • Community Lake

About This Home

As of April 2017

One of the finest lakeside locations in Connestee Falls. Remodeled by an architect. Bright, open, and functional. Complete new kitchen with granite counter tops. All new flooring throughout. Complete list of upgrades available. Large dock steps from the home. New 2 car garage. Newer roof on home. The view is exceptional. Connestee Falls has extensive amenities including a golf course, tennis facility, clubhouse, wellness center, hiking trails, and much more. First time buyer to pay $8,000 UF.

Last Agent to Sell the Property

Michael Badger

Connestee Falls Realty License #262307 Listed on: 04/07/2016

Last Buyer's Agent

Michael Badger

Connestee Falls Realty License #262307 Listed on: 04/07/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Waterfront

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • 2

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 8583-21-9547-000

Community Details

Overview

  • Cfpoa Association, Phone Number (828) 885-2001
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Trails

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

HOA Fees

$234 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.92545
  • Ratio Close Price By Original Li: 0.90023
  • Ratio Current Price By Acre: 972972.97
  • Ratio Current Price By Sq Ft: 222.22
  • Year Built: 1977
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance, Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Disposal, Dryer, Dishwasher, Electric Range, Microwave, Washer, Electric Oven
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • H O A Management Phone: 828-885-2001
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1620
  • Total Sq Ft: 1620
  • Sq Ft Unheated Basement: 300
  • Sq Ft Unheated Total: 300

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Lake, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2810.00
  • Association Fee Frequency: Annually
  • HOA Management Company: CFPOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Waterfront, Lake Access, Sloping, Views, Year Round View
  • Parcel Number: 8583-21-9547-000
  • Zoning Specification: PUD

Tax Info

  • Tax Value: 323620.00
  • Tax Amount Ncm: 1668.00
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Apr 3, 2017
Sold by
Sharrit Norman V and Sharrit Melinda J
Bought by
Clark Richard Gregory and Clark Kathryn Lynn
Seller's Agent
Michael Badger
Connestee Falls Realty
Buyer's Agent
Michael Badger
Connestee Falls Realty
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%
Current Estimated Value
$897,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,061
Avg. Annual Appreciation
10.84%
Original Mortgage
$288,000
Outstanding Balance
$148,593
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$748,468

Purchase Details

Closed on
Aug 11, 2015
Sold by
Wells Samuel L and Wells Noel W
Bought by
Sharrit Norman and Sharrit Melinda

Purchase Details

Closed on
Jul 1, 2004
Bought by
Sharrit Norman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clark Richard Gregory $360,000 None Available
Sharrit Norman $208,000 None Available
Sharrit Norman $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Richard Gregory $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2017 04/06/17 Sold $360,000 -10.0% $222 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
04/07/2016 04/07/16 For Sale $399,900 -- $247 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,085 $847,270 $200,000 $647,270
2024 $3,512 $530,650 $200,000 $330,650
2023 $3,512 $530,650 $200,000 $330,650
2022 $3,514 $530,650 $200,000 $330,650
2021 $3,485 $530,650 $200,000 $330,650
2020 $3,385 $483,560 $0 $0
2019 $3,471 $483,560 $0 $0
2018 $2,326 $372,600 $0 $0
2017 $2,190 $368,360 $0 $0
2016 $2,058 $368,360 $0 $0
2015 $1,406 $323,620 $250,000 $73,620
2014 $1,406 $323,620 $250,000 $73,620
Source: Public Records

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3163666

Canopy MLS (Canopy Realtor® Association)

APN: 8583-21-9547-000

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