NOT LISTED FOR SALE

399 Old Chestnut Mountain Rd Newland, NC 28657

Estimated Value: $226,000 - $268,000

2 Beds
1 Bath
879 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $75,750 $86 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,338/month

Highlights

  • Home fronts a creek
  • Wood Burning Stove
  • Ranch Style House
  • Crossnore Elementary School Rated 9+
  • Seasonal View
  • Wrap Around Porch

About This Home

As of June 2016

***Reduced to Sale*** Sit on the porch and listen to the mountain winds whisper through the trees. This cute updated home in a private community has been lovingly updated with new hardwood floors. Updated Kitchen with new cabinets and granite counter tops with slate and glass tile back splash. Kitchen appliances include Refrigerator, Dishwasher, glass top range, Mirowave hood, and garbage disposal. Bathroom has a black and white ceramic tile design with pedestal sink . Two bedrooms on the first floor have large closets for your wardrobe and storage needs. Large laundry room downstairs with ceramic tile floor includes washer and dryer. Additional unfinished workshop area in basement has outside access in to house.

Last Agent to Sell the Property

Charles Gordon

Don't Use****Keller Williams HIGH Country Listed on: 04/09/2015

Last Buyer's Agent

Terri McKinney

Berkshire Hathaway HomeServices Blue Ridge REALTOR

Berkshire Hathaway HomeServices Blue Ridge REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $286

Year Built

  • Built in 1986

Lot Details

  • 0.39 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Property is Fully Fenced
  • Zoning described as Residential,Subdivision

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Mountain Architecture
  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Wood Burning Stove
  • Double Pane Windows
  • Wood Frame Window
  • Window Screens
  • Seasonal Views

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Wrap Around Porch
  • Open Patio

Schools

  • Avery Elementary School

Utilities

  • Heating System Uses Kerosene
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 1824-03-22-4334-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$286

Year Built

Built in 1986

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 787.0
  • Architectural Style: Cottage, Mountain, Ranch
  • Garage Yn: No
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Partial, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 92.0
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 879.0
  • Window Features: Double Pane Windows, Screens, Wood Frames

Exterior Features

  • Fencing: Full
  • View: Seasonal View
  • Waterfront Features: Creek
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Basement, Slab
  • Patio And Porch Features: Covered, Open, Wrap Around
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Baseboard, Electric, Kerosene, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Water Source: Spring

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Avery

Lot Info

  • Parcel #: 1824-03-22-4334-00000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 286.03
  • Tax Book Number: 457/809-810
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2018
Sold by
Parker Jeremy D and Parker Tracy S
Bought by
Paunovic Alexander M and Paunovic Tiffany R
Current Estimated Value
$242,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Outstanding Balance
$104,044
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$138,173

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jun 15, 2016
Sold by
Magid Joseph K and Magid Holly Michelle
Bought by
Parker Jeremy D and Parker Tracy S
Seller's Agent
Charles Gordon
Don't Use****Keller Williams HIGH Country
Buyer's Agent
Terri McKinney
Berkshire Hathaway HomeServices Blue Ridge REALTOR
List Price
$75,750
Sold Price
$75,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$90,321
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Lawrence Nelle K
Bought by
Magid Joseph K

Purchase Details

Closed on
Aug 23, 2007
Sold by
Magid Joseph
Bought by
Magid Joseph and Lawrence Nelle K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.65%
Mortgage Type
New Conventional
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
Paunovic Alexander M $125,000 None Available
Parker Jeremy D $76,000 --
Magid Joseph K -- None Available
Magid Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paunovic Alexander M $122,735
Previous Owner Parker Jeremy D $90,321
Previous Owner Magid Joseph $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $75,750 0.0% $86 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
04/09/2015 04/09/15 For Sale $75,750 -- $86 / 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 $494 $123,500 $8,000 $115,500
2023 $494 $123,500 $8,000 $115,500
2022 $494 $123,500 $8,000 $115,500
2021 $410 $74,500 $5,500 $69,000
2020 $410 $74,500 $5,500 $69,000
2019 $410 $74,500 $5,500 $69,000
2018 $415 $74,500 $5,500 $69,000
2017 $308 $54,900 $0 $0
2016 $246 $54,900 $0 $0
2015 $246 $54,900 $4,100 $50,800
2012 -- $58,300 $7,500 $50,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Charles Gordon

    Don't Use****Keller Williams HIGH Country

  • T

    Buyer's Agent in 2016

    Terri McKinney

    Berkshire Hathaway HomeServices Blue Ridge REALTOR

    (828) 260-2089

    40 in this area

    83 Total Sales

    Terri McKinney
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Map

Source: High Country Association of REALTORS®

MLS Number: 190548

High Country Association of REALTORS®

APN: 1824-03-22-4334-00000

North Carolina Avery County Newland 28657

399 Old Chestnut Mountain Rd, Newland, NC

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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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