NOT LISTED FOR SALE

3020 Mulberry Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $250,000 - $371,000

1 Bed
1 Bath
552 Sq Ft
$530/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $198,000 $359 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,660/month

20 Days on Market

Highlights

  • RV Access or Parking
  • New Kitchen
  • Wooded Lot
  • 7.74 Acre Lot
  • Private Lot
  • Cathedral Ceiling

About This Home

As of December 2019

*AUCTION** - Tuesday, November 26th AT HAMPTON INN, 244 Cunningham Rd FRANKLIN, NC- Doors open at 10 am, auction starts at NOON. List price is for MLS purposes only. Actual sales price will vary as property will be sold at or above the minimum opening bid price of $79,000. BANK OWNED, Charming, rustic cabin situated on 7.73+/- UNRESTRICTED ACRES with small stream adjoining US Forest Service land. This estate is situated at almost 3,000 ft. elevation. Secluded yet close to Dillard, GA and Franklin, NC. 1 bedroom 1 bath with sleeping loft. Newer appliances, new sink, metal/copper look countertops in kitchen. Electric wall heaters. The bedroom has a rock hearth ready for your free-standing gas or wood fireplace. Bathroom has beautiful claw-foot tub with shower and stack washer and dryer. Vaulted ceiling with wood beams and hardwood floors. 26'6"x11 Large screened porch. The property also has a 40x32 basement foundation ready for construction. Homesite has nice year-round long-range view. Drilled well. PUBLIC OPEN HOUSES on Saturday, November 23rd, 10:00-12:00. Sunday, November 24th, 1:00-3:00 pm.

Last Agent to Sell the Property

Marty Kimsey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #53843 Listed on: 11/15/2019

Last Buyer's Agent

Marty Kimsey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #53843 Listed on: 11/15/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $686

Year Built

  • Built in 2006

Lot Details

  • 7.74 Acre Lot
  • Home fronts a stream
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Board and Batten Siding
  • Wood Siding

Interior Spaces

  • 552 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Flue
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Screened Porch
  • Wood Flooring
  • Washer
  • Property Views

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • RV Access or Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • No Cooling
  • Space Heater
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6478856652

Home Details

Home Type

Single Family

Est. Annual Taxes

$686

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 7.74
  • Road Surface Type: Gravel
  • Ownership: Less than One Year
  • Directions: 441 South to Right on Mulberry Road. Go approx 3 miles to Left into driveway. #3020. Sign in place.
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2006
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283494600
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Dishwasher, Electric Oven/Range, Washer, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Doors-Insulated
  • Fireplace Features: Stone, Flue, Other
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cathedral/Vaulted Ceiling, Breakfast Bar, Kitchen Island, Living/Dining Room, New Kitchen, Main Level Living, Ceiling Fan(s)
  • Living Area: 552
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 242
  • Master Bedroom Master Bedroom Width: 22.1667
  • Room Master Bedroom Area: 251.2222

Exterior Features

  • Lot Features: Adjoins USFS, Private, Allow RVs, Wooded, Rolling, Unrestricted
  • View: Long Range View, View Year Round
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Wood Siding, Board & Batten Siding
  • Exterior Features: Rustic Appearance
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Screened Porch/Deck, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Space Heater/Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 337154.4
  • Parcel #: 6478856652
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 685.56
  • Tax Book Number: L-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 6, 2019
Sold by
Pinnacle Bank
Bought by
Walton Gary R
Seller's Agent
Marty Kimsey
Re/Max Elite Realty
Buyer's Agent
Marty Kimsey
RE/MAX Elite Realty
List Price
$198,000
Sold Price
$198,000
Current Estimated Value
$292,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,802
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Aug 22, 2019
Sold by
Daniel Jason B and Daniel Alice A
Bought by
Pinnacle Bank
Source: Public Records

Range of Values:

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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
Walton Gary R $198,000 None Available
Pinnacle Bank $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniel Jason B $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $198,000 0.0% $359 / Sq Ft
11/15/2019 11/15/19 For Sale $198,000 -- $359 / Sq Ft
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
2024 -- $211,940 $75,710 $136,230
2023 $774 $211,940 $75,710 $136,230
2022 $774 $132,780 $49,410 $83,370
2021 $774 $133,280 $49,410 $83,870
2020 $699 $133,280 $49,410 $83,870
2018 $368 $65,940 $59,740 $6,200
2017 $368 $65,940 $59,740 $6,200
2016 $368 $65,940 $59,740 $6,200
2015 $343 $65,940 $59,740 $6,200
2014 $706 $193,370 $183,970 $9,400
2013 -- $193,370 $183,970 $9,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26014201

APN: 6478856652