NOT LISTED FOR SALE

388 S Carolina Ter Spur Montreat, NC 28757

Estimated Value: $604,621 - $940,000

3 Beds
2 Baths
1,967 Sq Ft
$384/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $307,000 $156 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $4,390/month

108 Days on Market

Highlights

  • Wood Burning Stove
  • Cathedral Ceiling
  • Fireplace
  • Private Lot
  • Wood Flooring
  • Many Trees

About This Home

As of January 2014

Private Montreat home with 2 decks, high ceilings and lots of charming features. Home currently used as vacation rental. 2 floors of separate living spaces. Main floor/top level: Full kitchen, dining area, 1BR, 1 full bath, large living room with wood burning stove, loft, deck. Lower level: 2BR, 1 bath, living/dining, mini kitchen, washer/dryer and deck.

Last Agent to Sell the Property

Chip Craig

GreyBeard Realty License #175663 Listed on: 09/30/2013

Last Buyer's Agent

Janet Randolph

GreyBeard Realty License #248092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,704

Year Built

  • Built in 1981

Lot Details

  • Private Lot
  • Many Trees

Interior Spaces

  • 2 Full Bathrooms
  • Cathedral Ceiling
  • Fireplace
  • Wood Burning Stove

Flooring

  • Wood
  • Slate Flooring

Listing and Financial Details

  • Assessor Parcel Number 0720-16-3840-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,704

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.96238
  • Ratio Close Price By Original Li: 0.96238
  • Ratio Current Price By Acre: 558181.82
  • Ratio Current Price By Sq Ft: 156.08
  • Year Built: 1981
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance, Basement
  • Upper Level Sq Ft: 785
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Washer Connection, Electric Oven
  • Fireplace Description: Woodstove
  • Fireplace: Yes
  • Flooring: Slate, Wood
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Second Living Quarters
  • Second Living Quarters: Interior Connected
  • Main Level Sq Ft: 1182
  • Total Sq Ft: 1967

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Utilities

  • Heating: Electric Baseboard Heat, Wall Unit - AC, Wall Unit Heat, Woodstove
  • Sewer: City Sewer
  • Water Heater: Electric, g-Solar

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Private, Trees
  • Lot Size Area: 0.550
  • Parcel Number: 0720-16-3840-00000
  • Plat Reference Section Pages: 4814
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2018
Sold by
Evans Alexander Jr Hugh Q and Evans Alexander Jane
Bought by
Alexander Hugh Q and Alexander Jane E
Current Estimated Value
$754,905

Purchase Details

Listed on
Sep 30, 2013
Closed on
Jan 17, 2014
Sold by
Phillips James Dickson and Frost Phillips Lisa A
Bought by
Alexander Hugh Quincy and Alexander Jane Evans
Seller's Agent
Chip Craig
GreyBeard Realty
Buyer's Agent
Janet Randolph
GreyBeard Realty
List Price
$319,000
Sold Price
$307,000
Premium/Discount to List
-$12,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Sep 3, 2010
Sold by
Williamson Lamar and Williamson Ruthmary Bliss
Bought by
Phillips James Dickson and Frost Phillips Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.59%
Mortgage Type
Seller Take Back
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
Alexander Hugh Q -- None Available
Alexander Hugh Quincy $307,000 None Available
Phillips James Dickson $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips James Dickson $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $307,000 -3.8% $156 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
09/30/2013 09/30/13 For Sale $319,000 -- $162 / 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 $3,704 $351,300 $109,000 $242,300
2023 $3,704 $351,300 $109,000 $242,300
2022 $3,600 $351,300 $0 $0
2021 $3,600 $351,300 $0 $0
2020 $3,390 $314,200 $0 $0
2019 $3,327 $314,200 $0 $0
2018 $3,135 $296,000 $0 $0
2017 $3,102 $288,700 $0 $0
2016 $3,213 $288,700 $0 $0
2015 $3,213 $288,700 $0 $0
2014 $3,091 $277,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM549152

Canopy MLS (Canopy Realtor® Association)

APN: 0720-16-3840-00000