NOT LISTED FOR SALE

297 Pitman Rd Bakersville, NC 28705

Estimated Value: $135,000 - $263,000

2 Beds
1 Bath
1,122 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $299,000 $266 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $994/month

Highlights

  • Deck
  • Private Lot
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2023

This renovated 1940's bungalow is located 2.5 miles from Penland School of Crafts,and rests in a quiet pasture valley surrounded by trees and bordered by a bold stream. It is centrally located between Mt. Mitchell, Roan Mountain, and Grandfather Mountain. It consists of approximately 1100 sq ft, with vaulted ceilings in the living room and dining room.The living room includes a comfy seating area with a wood stove. The dining room is surrounded by huge windows letting in an enormous amount of natural light. Follow the stone walkway to the 85' of Bear Creek frontage with gazebo for seating area and a fire pit near by. There is a 282 sq. ft. unfinished studio on the property that can be used as a short term rental or guest house.The bungalow is currently used as a short term rental. It has new double paned windows, new electric panel, new appliances, new plumbing, new reflective coating on roof, new spring pump/pressure tank, mini split system in 2021,all work permitted. Comes furnished!

Last Agent to Sell the Property

Ginger Gregory

Coldwell Banker Advantage License #286667 Listed on: 06/19/2023

Coldwell Banker Advantage

Co-Listed By

Ember Trimble

Coldwell Banker Advantage License #331150

Last Buyer's Agent

Nan Kramer

Town and Mountain Realty License #315880

Town and Mountain Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $744

Year Built

  • Built in 1940

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • 4 Open Parking Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Covered Patio or Porch
  • Fire Pit
  • Shed
  • Outbuilding

Schools

  • Gouge Elementary School
  • Harris Middle School
  • Mitchell High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0871-00-95-6729

Home Details

Home Type

Single Family

Est. Annual Taxes

$744

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1940
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 266.49
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Prewire, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1122
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1122
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Fire Pit, Great Room, Wood Burning, Wood Burning Stove
  • Living Area: 1122
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Water Body Name: Creek
  • Waterfront Features: None
  • Construction Type: Aluminum, Wood
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Ductless, Forced Air, Oil, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Utilities: Cable Available
  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Harris
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Creek Front, Flood Fringe Area, Level, Open Lot, Private, Creek/Stream, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 0871-00-95-6729
  • ResoLotSizeUnits: Acres
  • Zoning Specification: none

MLS Schools

  • Elementary School: Gouge
  • High School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 10, 2023
Sold by
Hasan Mohamad-Ali
Bought by
Burns Stormie and Aurichio Cole
Seller's Agent
Ginger Gregory
Coldwell Banker Advantage
Buyer's Agent
Nan Kramer
Town and Mountain Realty
List Price
$299,000
Sold Price
$299,000
Views
41
Current Estimated Value
$177,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$121,826
Avg. Annual Appreciation
-20.83%
Original Mortgage
$109,000
Outstanding Balance
$105,265
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$71,909

Purchase Details

Closed on
Jun 24, 2013
Sold by
United Community Bank
Bought by
Great Oak Nc Owner Llc

Purchase Details

Closed on
May 31, 2013
Sold by
Raintree Reality And Construction
Bought by
United Community Bank
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
Burns Stormie $99,000 None Listed On Document
Great Oak Nc Owner Llc $37,500 None Available
United Community Bank $33,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Stormie $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $299,000 0.0% $266 / Sq Ft
06/19/2023 06/19/23 For Sale $299,000 -- $266 / 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 $744 $116,300 $24,700 $91,600
2024 $733 $116,300 $24,700 $91,600
2023 $733 $116,300 $24,700 $91,600
2022 $733 $116,300 $24,700 $91,600
2021 $406 $62,500 $20,200 $42,300
2020 $406 $62,500 $20,200 $42,300
2019 $406 $62,500 $20,200 $42,300
2018 $406 $62,500 $20,200 $42,300
2017 $221 $34,000 $20,200 $13,800
2016 $204 $34,000 $20,200 $13,800
2015 $2 $34,000 $20,200 $13,800
2014 $204 $34,000 $20,200 $13,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4037597

Canopy MLS (Canopy Realtor® Association)

APN: 0871-00-95-6729