NOT LISTED FOR SALE

305 Lake Sega Rd Brevard, NC 28712

Estimated Value: $164,000 - $256,000

2 Beds
1.5 Baths
1,212 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $162,000 $134 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,183/month

112 Days on Market

Highlights

  • Wooded Lot
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Laundry Room
  • Tile Flooring

About This Home

As of April 2023

Less than 3 miles from downtown Brevard yet out in the country, this cabin is the "fixer-upper" that you have been looking for. Sit on the back covered porch and enjoy the peaceful surroundings and the sound of your babbling stream. The home has a great long term rental history and the tenant will be vacating November 1st.

Last Agent to Sell the Property

Billy McCoy

RE/MAX Land of the Waterfalls Brokerage Email: billy@brevardlife.com License #262548 Listed on: 10/19/2022

RE/MAX Land of the Waterfalls

Last Buyer's Agent

Erin Pritchard

Keller Williams Professionals License #329248

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1926

Lot Details

  • 0.68 Acre Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 1.5-Story Property
  • Tile Flooring
  • Basement
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Access to stream, creek or river
  • Covered Patio or Porch
  • Shed

Schools

  • Brevard Elementary And Middle School
  • Brevard High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lake Sega Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8575-66-2168-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$529

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1926
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: C&R
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 133.66
  • Attribution Contact: billy@brevardlife.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 822
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 432
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 432
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 390
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1212
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1212
  • Bedroom Main: 0
  • Room Count: 6
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Concrete Block, Shingle/Shake, Other - See Remarks
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Oil, Propane
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Creek Front, Sloped, Creek/Stream, Wooded
  • Lot Size Area: 0.68
  • Lot Size Units: Acres
  • Parcel Number: 8575-66-2168-000
  • Zoning: None
  • Lot Size Acres: 0.68
  • Lot Size Sq Ft: 29620
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Brevard
  • High School: Brevard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Mar 22, 2023
Sold by
Holden Harry E and Holden Debra W
Bought by
Kritz Robbie
Seller's Agent
Billy McCoy
RE/MAX Land of the Waterfalls
Buyer's Agent
Erin Pritchard
Keller Williams Professionals
List Price
$179,900
Sold Price
$162,000
Premium/Discount to List
-$17,900
-9.95%
Views
612
Current Estimated Value
$213,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,842
Avg. Annual Appreciation
16.94%
Original Mortgage
$153,900
Outstanding Balance
$149,706
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$87,968
Source: Public Records

Range of Values:

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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
Kritz Robbie $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kritz Robbie $153,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $162,000 -4.6% $134 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $169,900 -5.6% $140 / Sq Ft
10/19/2022 10/19/22 For Sale $179,900 -- $148 / 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 $529 $110,050 $30,000 $80,050
2024 $656 $99,650 $30,000 $69,650
2023 $656 $99,650 $30,000 $69,650
2022 $656 $99,650 $30,000 $69,650
2021 $651 $99,650 $30,000 $69,650
2020 $423 $60,840 $0 $0
2019 $420 $60,840 $0 $0
2018 $344 $60,840 $0 $0
2017 $344 $60,840 $0 $0
2016 $335 $60,840 $0 $0
2015 -- $71,310 $35,000 $36,310
2014 -- $71,310 $35,000 $36,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3907477

Canopy MLS (Canopy Realtor® Association)

APN: 8575-66-2168-000