NOT LISTED FOR SALE

398 Panoramic Loop Maggie Valley, NC 28751

Estimated Value: $425,000 - $482,000

2 Beds
2 Baths
1,263 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $166,000 $131 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,346/month

31 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Fireplace
  • Jonathan Valley Elementary School Rated 9+
  • Corner Lot
  • Breakfast Bar

About This Home

As of December 2014

Beautiful one and a half story cabin with lots of natural light and windows. Home boasts stunning mtn views, hardwood floors, open floor plan, granite countertops, gas fireplace, wrap decks for entertaining, 2 bedrooms, 2 baths, close to Maggie Valley and just 20 minutes over the mtn to Harrahs Casino.

Last Agent to Sell the Property

Gregory Sullins

Asheville Realty & Associates License #175577 Listed on: 10/10/2014

Last Buyer's Agent

Lyndia Massey

Mountain Dreams Realty of WNC License #229732

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Cabin

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Fireplace
  • Insulated Windows
  • Storage Room
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 7676-87-5822

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.92273
  • Ratio Close Price By Original Li: 0.92273
  • Ratio Current Price By Acre: 790476.19
  • Ratio Current Price By Sq Ft: 131.43
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Upper Level Sq Ft: 375
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Washer Connection
  • Fireplace Description: Gas Vented
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Pantry, Split BR Plan, Storage Unit
  • Room Count: 4
  • Main Level Sq Ft: 888
  • Total Sq Ft: 1263

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 450.00

Lot Info

  • Lot Features: Corner Lot, Level, Mountain View, Year Round View
  • Parcel Number: 7676-87-5822
  • Plat Reference Section Pages: 873
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Dec 8, 2014
Sold by
Fannie Mae
Bought by
Miner Randal Lee and Miner Karen Lynn
Seller's Agent
Gregory Sullins
Asheville Realty & Associates
Buyer's Agent
Lyndia Massey
Mountain Dreams Realty of WNC
List Price
$179,900
Sold Price
$166,000
Premium/Discount to List
-$13,900
-7.73%
Current Estimated Value
$452,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,897
Avg. Annual Appreciation
9.49%
Original Mortgage
$135,000
Outstanding Balance
$102,756
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$350,141

Purchase Details

Closed on
Sep 23, 2014
Sold by
Hough Kenneth Burke and Hough Mary Jo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 18, 2007
Sold by
Hough Kenneth Burke and Hough Mary Jo
Bought by
Hough Kenneth Burke and Hough Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Randd Rental Properties Inc
Bought by
Hough Kenneth B and Hough Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Miner Randal Lee -- None Available
Federal National Mortgage Association $214,560 None Available
Hough Kenneth Burke -- None Available
Hough Kenneth B $239,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miner Randal Lee $135,000
Previous Owner Hough Kenneth Burke $208,000
Previous Owner Hough Kenneth B $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $166,000 -7.7% $131 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $179,900 -- $142 / 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
2025 -- $231,300 $39,400 $191,900
2024 $16 $231,300 $39,400 $191,900
2023 $1,616 $231,300 $39,400 $191,900
2022 $1,535 $231,300 $39,400 $191,900
2021 $1,535 $231,300 $39,400 $191,900
2020 $1,327 $181,100 $31,500 $149,600
2019 $1,332 $181,100 $31,500 $149,600
2018 $1,332 $181,100 $31,500 $149,600
2017 $1,332 $181,100 $0 $0
2016 $1,351 $189,600 $0 $0
2015 $1,351 $189,600 $0 $0
2014 $1,232 $189,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM572139

Canopy MLS (Canopy Realtor® Association)

APN: 7676-87-5822