NOT LISTED FOR SALE

37 Hemlock Loop Newland, NC 28657

Estimated Value: $358,000 - $423,000

2 Beds
2 Baths
1,773 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $360,000 $203 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,328/month

117 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Golf Cart Garage
  • Crossnore Elementary School Rated 9+
  • Mountain Architecture
  • Community Pool

About This Home

As of August 2023

So much to offer and a desirable Oak Hills location. Less than a minute to the golf course. Spacious main level living, kitchen, dining area and sunroom all have LVP flooring. Open kitchen with lots of cabinet space. Vermont casting stove in the great room and furnace installed in 2018. Beautifully landscaped double lot with garage, separate cart garage and an extended covered parking area with workshop area. New decking and stairs added in 2022. Great property for a summer retreat or a year round residence. Linville Land Harbor amenities include golf, tennis, pickleball, pool, hiking, shuffelboard as well as exercise classes and a dog park. Convenient location to area attractions, skiing, Grandfather Mountain, shopping, dining, summer concerts and summer theatre.

Last Agent to Sell the Property

Tracy Simms

Blue Ridge Realty & Inv. - Banner Elk Listed on: 05/05/2023

Last Buyer's Agent

David Pittman

High Country Resort Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1987

Lot Details

  • 0.32 Acre Lot
  • Property fronts a private road

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Oversized Parking
  • Driveway
  • Golf Cart Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Partially Finished Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Schools

  • Newland Elementary School
  • Avery County High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1844-06-27-8833-00000

Community Details

Overview

  • Linville Land Harbor Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$782

Year Built

Built in 1987

Lot Details

0

HOA Fees

$236 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Linville Land Harbor
  • Above Grade Finished Sq Ft: 1254.0
  • Architectural Style: Mountain
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-737-3100
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 519.0
  • Fireplace Features: Free Standing, Other, See Remarks, Wood Burning
  • Fireplace: Yes
  • Living Area: 1773.0
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Open
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Carport, Driveway, Garage, One Car Garage, Golf Cart Garage, Oversized, Paved, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Golf, Lake, Pickleball, Pool, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 2832.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Newland
  • High School: Avery County

Lot Info

  • Parcel #: 1844-06-27-8833-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 782.0
  • Tax Book Number: 511/1702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Aug 25, 2023
Sold by
Mcmichael Kari
Bought by
Parker Anthony Allen and Burk Morgan Claire
Seller's Agent
Tracy Simms
Blue Ridge Realty & Inv. - Banner Elk
Buyer's Agent
David Pittman
High Country Resort Properties
List Price
$383,000
Sold Price
$360,000
Premium/Discount to List
-$23,000
-6.01%
Views
253
Current Estimated Value
$383,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,427
Avg. Annual Appreciation
5.57%
Original Mortgage
$360,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2017
Closed on
Aug 23, 2017
Sold by
London Betty Greene and Costner Sandy L
Bought by
Powell Kenneth Frank and Powell Kay Saunders
Seller's Agent
Evelyn Cummings
Heavenly Mountain Properties, LLC
Buyer's Agent
Evelyn Cummings
Heavenly Mountain Properties, LLC
List Price
$134,100
Sold Price
$134,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.83%

Purchase Details

Closed on
May 15, 2017
Sold by
London Betty and The Robert E Hede And Betty L
Bought by
London Betty
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
Parker Anthony Allen $360,000 None Listed On Document
Powell Kenneth Frank $134,500 None Available
London Betty -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Anthony Allen $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $360,000 -6.0% $203 / Sq Ft
05/05/2023 05/05/23 For Sale $383,000 +185.6% $216 / Sq Ft
08/23/2017 08/23/17 Sold $134,100 0.0% $108 / Sq Ft
08/05/2017 08/05/17 For Sale $134,100 -- $108 / Sq Ft
Source: High Country 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 $798 $199,500 $25,000 $174,500
2023 $391 $199,500 $25,000 $174,500
2022 $391 $195,400 $25,000 $170,400
2021 $734 $133,400 $23,100 $110,300
2020 $734 $133,400 $23,100 $110,300
2019 $734 $133,400 $23,100 $110,300
2018 $732 $133,400 $23,100 $110,300
2017 $625 $113,700 $0 $0
2016 $508 $113,700 $0 $0
2015 $508 $113,700 $25,000 $88,700
2012 -- $122,700 $43,800 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 242966

High Country Association of REALTORS®

APN: 1844-06-27-8833-00000