NOT LISTED FOR SALE

331 Spring Rd Spruce Pine, NC 28777

Estimated Value: $846,000 - $954,604

3 Beds
2.5 Baths
4,857 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $373,333 $77 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,126/month

271 Days on Market

Highlights

  • Private Lot
  • Circular Driveway
  • Walk-In Closet
  • Wood Flooring

About This Home

As of October 2014

Lovely large home with great views, large stone fireplace up and down, has elevator and stairs, large private lot in Spring Lake Subdivision (by golf course). This is a luxury home waiting for your personal touch. Property is to be auctioned off by Homesearch.com dates to be decided. PROPERTY IS SUBJECT TO AUCTION TERMS THAT REQUIRE ALL OFFERS (AND COUNTEROFFERS) TO BE SUBMITTED THROUGH www.HomeSearch.com All offers require a pre-qualification letter from Greenlight Loans (888-668-5832)if being financed. ADDED INCENTIVE TO BUYER OF $1500 AT CLOSING AND BUYERS AGENT COMMISSION WAS RAISED.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1997

Lot Details

  • 2.39

Parking

  • Circular Driveway

Home Design

  • Stone Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • 2-Story Property
  • Private Lot

Listing and Financial Details

  • Assessor Parcel Number 0789-04-63-7205

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,578

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.34923
  • Ratio Current Price By Acre: 156206.28
  • Ratio Current Price By Sq Ft: 76.86
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Equipment: Cooktop, Dishwasher, Refrigerator, Washer Connection
  • Flooring: Carpet, Wood
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Basement: 1937
  • Main Level Sq Ft: 2925
  • Total Sq Ft: 4857

Exterior Features

  • Construction: Stone

Garage/Parking

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

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: 500.00

Lot Info

  • Lot Features: Private, Year Round View
  • Parcel Number: 0789-04-63-7205

Tax Info

  • Tax Value: 3578.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Oct 17, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Chapman Randall and Tolley Chapman Cki
List Price
$373,333
Sold Price
$373,333
Current Estimated Value
$896,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,868
Avg. Annual Appreciation
8.16%
Original Mortgage
$354,000
Outstanding Balance
$272,207
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$623,994

Purchase Details

Closed on
Nov 27, 2013
Sold by
Mencis Brnadee B and Mencis Christopher J
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Mar 6, 2006
Sold by
Payne Margaret S
Bought by
Mencis Christopher J and Mencis Brandee B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
1.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chapman Randall $373,500 None Available
Nationstar Mortgage Llc $883,831 None Available
Mencis Christopher J $972,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Randall $354,000
Previous Owner Mencis Christopher J $729,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $373,333 0.0% $77 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $373,333 -- $77 / 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 $5,162 $806,600 $86,100 $720,500
2024 $5,082 $806,600 $86,100 $720,500
2023 $5,082 $806,600 $86,100 $720,500
2022 $5,082 $806,600 $86,100 $720,500
2021 $4,295 $660,700 $86,100 $574,600
2020 $4,295 $660,700 $86,100 $574,600
2019 $4,295 $660,700 $86,100 $574,600
2018 $4,295 $660,700 $86,100 $574,600
2017 $4,090 $629,300 $83,400 $545,900
2016 $3,776 $629,300 $83,400 $545,900
2015 $378 $629,300 $83,400 $545,900
2014 $3,776 $629,300 $83,400 $545,900
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR14788

Canopy MLS (Canopy Realtor® Association)

APN: 0789-04-63-7205