NOT LISTED FOR SALE

388 Hemlock Loop Newland, NC 28657

Estimated Value: $262,000 - $316,000

2 Beds
1.5 Baths
800 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $240,000 $300 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,764/month

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Private Membership Available
  • Crossnore Elementary School Rated 9+
  • Fishing
  • Community Lake

About This Home

As of October 2022

his is a must see! Quaint 2 BR/ 1 1/2 BA cottage has beautiful updates. Secluded covered deck on the back. Short walk to the golf course or the river. Gas fireplace to stay warm on those cool nights. Walkout basement workshop. Home is currently a little cluttered, as homeowner cannot begin packing until confirmed contract. I have included some photos from when this buyer purchased this home to show the quality updates. Home is being sold unfurnished. Come see what Linville Land Harbor Golf & Tennis Community has to offer you & your family. Linville has Cool Summers! Nearby concerts, Plays, Festivals and Shopping. Area Attractions include Caverns, Falls, Parkway, Grandfather Mtn., Yearly POA fees include water, sewer, cable, 24 hr security, heated swimming pool, road maintenance, trash pick-up. Resort offers 18 Hole Golf Course, Tennis Complex, Fishing, Dancing, Bridge, Dog Park Clubs, LAKE+RIVER! Visit our website www.Linvillelandharbor.com. (Measurements to be confirmed over next few days by professional measurement company)

Last Agent to Sell the Property

Kim Avery

Mountain Run Properties Listed on: 09/01/2022

Last Buyer's Agent

Suzanne London

Realty One Group Results-Banne

Realty One Group Results-Banne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1983

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Golf Cart Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Propane Fireplace
  • Partially Finished Basement
  • Exterior Basement Entry

Kitchen

  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot

Schools

  • Newland Elementary School
  • Avery Middle School
  • Avery County High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Not Connected to Sewer
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 178
  • Assessor Parcel Number 1844-06-38-3048-00000

Community Details

Overview

  • Private Membership Available
  • Linville Land Harbor Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$898

Year Built

Built in 1983

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Linville Land Harbor
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Mountain
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Partially Finished, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Propane
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 800.0
  • Stories: 1

Exterior Features

  • Pool Features: Community
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Golf Cart Garage

Utilities

  • Laundry Features: Main Level
  • Security: 24 Hour Security
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Not Connected, Community/Coop Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fishing, Golf, Lake, Pickleball, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 2635.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Newland
  • High School: Avery County
  • Middle Or Junior School: Avery

Lot Info

  • Parcel #: 1844-06-38-3048-00000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 897.6
  • Tax Book Number: 531/1205
  • Tax Lot: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 3, 2022
Sold by
Schwyn Sally Ann
Bought by
Andersen Davy Arlo and Addauan-Andersen Carolyne
Seller's Agent
Kim Avery
Mountain Run Properties
Buyer's Agent
Suzanne London
Realty One Group Results-Banne
List Price
$247,500
Sold Price
$240,000
Premium/Discount to List
-$7,500
-3.03%
Current Estimated Value
$282,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,135
Avg. Annual Appreciation
5.04%
Original Mortgage
$216,000
Outstanding Balance
$207,896
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$69,944

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 22, 2019
Sold by
Trimble Jeffery Scott
Bought by
Schwyn Sally Ann
Seller's Agent
Robert Phillips
Mountain Run Properties
Buyer's Agent
Helen L. Phillips
Coe Realty
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.68%
Original Mortgage
$68,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Melcher Doris M
Bought by
Trimble Jeffery Scott
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
Andersen Davy Arlo $240,000 --
Schwyn Sally Ann $135,000 None Available
Trimble Jeffery Scott $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andersen Davy Arlo $216,000
Previous Owner Schwyn Sally Ann $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $240,000 -3.0% $300 / Sq Ft
09/01/2022 09/01/22 For Sale $247,500 +83.3% $309 / Sq Ft
05/29/2019 05/29/19 Sold $135,000 0.0% $168 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $135,000 -- $168 / 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 $653 $163,200 $20,000 $143,200
2023 $653 $163,200 $20,000 $143,200
2022 $653 $163,200 $20,000 $143,200
2021 $364 $66,100 $18,500 $47,600
2020 $364 $66,100 $18,500 $47,600
2019 $364 $66,100 $18,500 $47,600
2018 $364 $66,100 $18,500 $47,600
2017 $394 $71,700 $0 $0
2016 $321 $71,700 $0 $0
2015 $321 $71,700 $20,000 $51,700
2012 -- $79,500 $35,000 $44,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kim Avery

    Mountain Run Properties

    (828) 387-7805

    81 in this area

    85 Total Sales

    Kim Avery
    Section Image

  • S

    Buyer's Agent in 2022

    Suzanne London

    Realty One Group Results-Banne

    (828) 260-6739

    6 in this area

    46 Total Sales

    Suzanne London
    Section Image

  • R

    Seller's Agent in 2019

    Robert Phillips

    Mountain Run Properties

  • Helen L. Phillips

    Buyer's Agent in 2019

    Helen L. Phillips

    Coe Realty

    (828) 964-1601

    57 Total Sales

    Helen L. Phillips
    Section Image
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Map

Source: High Country Association of REALTORS®

MLS Number: 238787

High Country Association of REALTORS®

APN: 1844-06-38-3048-00000

North Carolina Avery County Newland 28657

388 Hemlock Loop, Newland, NC

This home is located at 388 Hemlock Loop, Newland, NC 28657 since 01 September 2022 and is currently estimated at $282,135, approximately $352 per square foot. This property was built in 1983. 388 Hemlock Loop is a home located in Avery County with nearby schools including Crossnore Elementary School, Avery Middle School, and Marjorie Williams Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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