NOT LISTED FOR SALE

3 Shangri Ln Cherokee, NC 28719

Estimated Value: $74,000 - $124,000

5 Acres
$19,800 Price per Acre
217,800 Sq Ft Lot

Last Sold August 08, 2016

Last sale price $25,000

Est. 296% increase in value since last sale

Current estimated payment $577/month

252 Days on Market

Highlights

  • Views
  • Home fronts a stream
  • Stream

About This Lot

As of August 2016

Exclusive high elevation property with long range views. This lot is 4800' to 5000' in elevation. Enjoy your own waterfall and creek and community trails. Adjoins a Southern Highlands Conservation tract along the western boundary.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • 5 Acre Lot
  • Home fronts a stream
  • Property fronts a private road

HOA Fees

  • $35 Monthly HOA Fees

Additional Features

  • Property Views

Community Details

  • Rough Branch Subdivision
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 7654861238

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Sub Type: Residential,Land
  • Prop. Type: Land
  • Lot Size Acres: 5
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Rough Branch
  • Directions: US 19 out of Cherokee towards Maggie Valley, take a right on Black Rock Road and proceed to Shangri Lane on right. There is a gate at the beginning of Shangri Lane. The lot is on the right in a switchback. Look for signs.
  • Habitable Residence: No
  • NAV27_rets_property_type: Land
  • Attribution Contact: 8282933708
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Elev over 4000, Other
  • View: Year Round View
  • View: Yes
  • Waterfront Features: Branch/Stream, Creek
  • Other Structures: None

Utilities

  • Electric: Overhead Electric
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 217800
  • Parcel #: 7654861238
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 249.9
  • Tax Book Number: 990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Aug 8, 2016
Sold by
Payne Claire and Valori Donna
Bought by
Robinson Christopher Thomas
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,000
Avg. Annual Appreciation
16.16%
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
Robinson Christopher Thomas $25,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2016 08/08/16 Sold $25,000 0.0% --
07/09/2016 07/09/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $25,000 -- --
Source: Carolina Smokies Association 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 $229 $60,240 $60,240 $0
2024 $237 $62,480 $62,480 $0
2023 $237 $62,480 $62,480 $0
2022 $237 $62,480 $62,480 $0
2021 $237 $62,480 $62,480 $0
2020 $231 $60,900 $60,900 $0
2019 $231 $60,900 $60,900 $0
2018 $231 $60,900 $60,900 $0
2017 $225 $60,900 $60,900 $0
2015 $250 $60,900 $60,900 $0
2011 -- $89,250 $89,250 $0
Source: Public Records

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26000297

APN: 7654-86-1238