NOT LISTED FOR SALE

3742 Penland Rd Spruce Pine, NC 28777

Estimated Value: $152,000 - $307,000

2 Beds
1 Bath
1,000 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $106,400 $106 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,357/month

Highlights

  • Hilly Lot
  • Corner Lot
  • Cottage
  • Wooded Lot
  • Workshop
  • Laundry Room

About This Home

As of February 2024

Very nice older home on +/- 2.55 acres at the corner of Penland Road and Rabbit Hop Road. This 2BD/1BA home was remodeled in 2012, has spring on the property for water source and 3 outbuildings. Walk-in shower in the upgraded large bathroom, canning room off the kitchen for mud room needs, & washer/dryer area. Poured solid concrete basement walls and foundation.

Last Agent to Sell the Property

Peter Franklin

Foxfire Real Estate, LLC Brokerage Email: Peter@FoxfireElite.com License #272056 Listed on: 01/31/2024

Last Buyer's Agent

Joshua Huskins

Foxfire Real Estate, LLC License #305195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1945

Lot Details

  • Front Green Space
  • Corner Lot
  • Hilly Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Cottage
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Workshop
  • Natural lighting in basement

Schools

  • Deyton Elementary School
  • Harris Middle School
  • Mitchell High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Spring water is a source of water for the property
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0779-00-49-7148

Home Details

Home Type

Single Family

Est. Annual Taxes

$931

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1945
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 106.40
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Attribution Contact: Peter@FoxfireElite.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1000
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1000
  • Has Basement: Basement Shop, Daylight, Exterior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1000
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2500
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Floor Furnace
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Window Unit(s)
  • Water Source: Spring

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Corner Lot, Creek Front, Green Area, Hilly, Views, Wooded
  • Lot Size Area: 2.55
  • Lot Size Units: Acres
  • Parcel Number: 0779-00-49-7148
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Deyton
  • High School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Feb 23, 2024
Sold by
Kirkland Anthony Elton and Ross Kelly Ann
Bought by
Huskins Joshua
Seller's Agent
Peter Franklin
Foxfire Real Estate, LLC
Buyer's Agent
Joshua Huskins
Foxfire Real Estate, LLC
List Price
$110,000
Sold Price
$106,400
Premium/Discount to List
-$3,600
-3.27%
Views
6
Current Estimated Value
$234,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,458
Avg. Annual Appreciation
42.43%
Original Mortgage
$95,760
Outstanding Balance
$94,632
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$84,313

Purchase Details

Closed on
May 24, 2012
Sold by
Miglino Joseph A and Miglino Gary
Bought by
Ross Kelly Ann and Kirkland Anthony Elton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Bowman Connie W and Bowman Arthur
Bought by
Miglino Joseph A and Miglino Gary E
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
Huskins Joshua $106,500 None Listed On Document
Ross Kelly Ann $71,000 None Available
Miglino Joseph A $43,988 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huskins Joshua $95,760
Previous Owner Ross Kelly Ann $56,800
Previous Owner Bowman Connie W $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $106,400 -3.3% $106 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $110,000 -- $110 / 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
2024 $931 $147,800 $42,100 $105,700
2023 $931 $147,800 $42,100 $105,700
2022 $931 $147,800 $42,100 $105,700
2021 $609 $93,700 $38,600 $55,100
2020 $609 $93,700 $38,600 $55,100
2019 $609 $93,700 $38,600 $55,100
2018 $609 $93,700 $38,600 $55,100
2017 $650 $100,000 $38,600 $61,400
2016 $600 $100,000 $38,600 $61,400
2015 $6 $100,000 $38,600 $61,400
2014 $600 $100,000 $38,600 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4105385

Canopy MLS (Canopy Realtor® Association)

APN: 0779-00-49-7148