NOT LISTED FOR SALE

357 Tongger Xiong Dr Nebo, NC 28761

Estimated Value: $628,000 - $690,000

64.94 Acres
$10,252 Price per Acre
2,828,786 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $650,000

Est. 2% increase in value since last sale

Current estimated payment $3,868/month

223 Days on Market

Highlights

  • Private Lot
  • Shed
  • Access to stream, creek or river
  • Wooded Lot

About This Lot

As of May 2024

Must see to appreciate! Family Farm or Legacy property on 64+acres in the foothills of the Blue Ridge Mountains. Minutes to I-40 between Morganton & Asheville. Over 80,000 sqft of four available barns presently not in use. Two (42' X 500') built in 2006 and Two (40' X 500') built in 1996. All equipment remains and new owner can repurpose barns into indoor growing facilities such as lighted hydroponics for vegetables & herbs. Present coops to farming co-ops or other permitted land uses with easy access to the main road. Property also includes 4BR/2BA Doublewide manufactured home w/4 car Carport. Can also purchase (see MLS# 4059563 & MLS# 4078352) 380 Tongger Xiong adjoining 4BR/3.5BA home on 2.14 acres available for total property of (2) Homes, (4) Barns & 67+ Acres for $1,450,000. EASY TO SHOW! Shown by Appt. Call your Realtor.

Last Agent to Sell the Property

Toni Powers

The Powers Realty Group LLC Brokerage Email: ptoni@bellsouth.net License #260108 Listed on: 08/14/2023

Last Buyer's Agent

Kevin Proctor

Realty Group 1 LLC License #C35605

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,892

Lot Details

  • Property fronts a private road
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Agricultural, Cattle, Development, Farm, Gardening, Horses, Multi-Family, Pasture/Grazing, Poultry, Private Estate, Recreational, Residential, Subdevelopment, Other - See Remarks
  • Property is zoned R1

Outdoor Features

  • Access to stream, creek or river
  • Shed
  • Outbuilding

Schools

  • Glenwood Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1649-00-61-8894

Property Details

Property Type

Land

Est. Annual Taxes

$2,892

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: Manufactured Home Allowed,Modular Allowed,No Restrictions,Other - See Remarks
  • Restrictions Description: Deeded Easement bk508/pg242
  • Road Frontage Type: Private Road, State Highway
  • Road Surface Type: Dirt, Gravel
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: ptoni@bellsouth.net
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Cattle, Development, Farm, Gardening, Horses, Multi-Family, Pasture/Grazing, Poultry, Private Estate, Recreational, Residential, Subdevelopment, Other - See Remarks

Exterior Features

  • View: Year Round
  • Waterfront Elevation: 1500
  • Other Structures: House-As Is, Manufactured Home(s), Outbuilding, Shed(s)

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Utilities: Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Creek/Stream, Wooded, Views
  • Lot Size Area: 64.94
  • Lot Size Units: Acres
  • Parcel Number: 1649-00-61-8894
  • Additional Parcels Description: ID#164900610385
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Glenwood
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
May 10, 2024
Sold by
Xiong Zablong and Pai Lee
Bought by
New Manna Baptist Church Of Marion Inc
Seller's Agent
Toni Powers
The Powers Realty Group LLC
Buyer's Agent
Kevin Proctor
Realty Group 1 LLC
List Price
$900,000
Sold Price
$650,000
Premium/Discount to List
-$250,000
-27.78%
Views
63
Current Estimated Value
$665,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,753
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Feb 6, 2007
Sold by
Xiong Zablong and Xiong Pai Lee
Bought by
Xiong Xao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
6.14%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 1996
Bought by
Xiong Zablong and Pai Lee
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
New Manna Baptist Church Of Marion Inc -- None Listed On Document
Xiong Xao $5,000 None Available
Xiong Zablong $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch Kyle Samuel $600,000
Previous Owner Xiong Xao $72,000
Previous Owner Xiong Xao $252,700
Previous Owner Xiong Zablong $72,854
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $650,000 -27.8% --
08/14/2023 08/14/23 For Sale $900,000 -- --
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
2024 $2,892 $439,450 $182,230 $257,220
2023 $2,197 $333,950 $76,730 $257,220
2022 $2,609 $390,620 $0 $0
2021 $2,609 $390,620 $0 $0
2020 $2,649 $390,750 $0 $0
2019 $2,649 $0 $0 $0
2017 $3,639 $568,110 $0 $0
2016 $3,639 $0 $0 $0
2014 $3,578 $646,430 $126,280 $520,150
2013 -- $646,430 $126,280 $520,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4059596

Canopy MLS (Canopy Realtor® Association)

APN: 1649-00-61-8894