NOT LISTED FOR SALE

400 Old Chestnut Mountain Rd Newland, NC 28657

Estimated Value: $212,000 - $246,000

3 Beds
2 Baths
1,155 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $218,000 $189 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,266/month

210 Days on Market

Highlights

  • Seasonal View
  • Mountain Architecture
  • Covered Patio or Porch
  • Crossnore Elementary School Rated 9+
  • Furnished
  • Forced Air Heating System

About This Home

As of October 2024

BACK ON THE MARKET!! NO fault of seller! Welcome to your mountain retreat! TURN KEY, just bring your toothbrush! This move-in ready, beautifully decorated home boasts 3 bedrooms and 2 baths.
Enjoy the convenience of a brand new water heater, along with updated floors, lavatories, and vanities, kitchen has NEW APPLIANCES AND COUNTERTOPS!
Nestled in Carolida Acres. Step inside to an open living space with a kitchen, dining, and living area. A beautiful stone, wood-burning fireplace. Full suite in the basement with an outside entrance. Extra room in the lower level for TV and games! Covered porches on both levels to breathe in the FRESH MOUNTAIN AIR and look at the scenery. Go to the fire pit to make s"mores and memories! There is also an attached shed on the first floor. Don't miss out on this one!

Last Agent to Sell the Property

James Condrey

Realty One Group Results-Boone Brokerage Phone: (828) 385-0841 Listed on: 03/14/2024

Realty One Group Results-Boone

Last Buyer's Agent

David Smith

Berkshire Hathaway HomeServices Blue Ridge REALTOR

Berkshire Hathaway HomeServices Blue Ridge REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $452

Year Built

  • Built in 1975

Lot Details

  • 0.38 Acre Lot
  • Property fronts a private road

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Seasonal Views
  • Carbon Monoxide Detectors

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Crawl Space

Parking

  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Crossnore Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Carolida Acres Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1824-03-22-2464-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$452

Year Built

Built in 1975

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Carolida Acres
  • Above Grade Finished Sq Ft: 687.0
  • Architectural Style: Mountain
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 385-0841
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 468.0
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Carbon Monoxide Detector, Furnished
  • Living Area: 1155.0
  • Stories: 2

Exterior Features

  • View: Seasonal View
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Paved, Private

Utilities

  • Laundry Features: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Septic Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Crossnore
  • High School: Avery County

Lot Info

  • Parcel #: 1824-03-22-2464-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 452.0
  • Tax Book Number: B556/21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Sep 26, 2024
Sold by
Soto Tasha Maria
Bought by
Thomas David L and Thomas Phyllis B
Seller's Agent
James Condrey
Realty One Group Results-Boone
Buyer's Agent
David Smith
Berkshire Hathaway HomeServices Blue Ridge REALTOR
List Price
$228,000
Sold Price
$218,000
Premium/Discount to List
-$10,000
-4.39%
Views
244
Current Estimated Value
$226,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,752
Avg. Annual Appreciation
3.82%
Original Mortgage
$196,200
Outstanding Balance
$194,180
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$32,572

Purchase Details

Listed on
Dec 5, 2020
Closed on
Jan 27, 2021
Sold by
Aikey Isaac and Aikey Elisa
Bought by
Soto Tasha Maria
Seller's Agent
Allison Penegar
Realty One Group Results-BE
Buyer's Agent
Non Member
Canopy Administration
List Price
$125,000
Sold Price
$111,000
Premium/Discount to List
-$14,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.07%

Purchase Details

Listed on
Jul 6, 2018
Closed on
Jul 25, 2018
Sold by
Capps John Larry and Capps Lynda Dawson
Bought by
Aikey Isacc and Aikey Elisa
Seller's Agent
Blake Vance
Braswell Realty, Inc.
Buyer's Agent
Blake Vance
Braswell Realty, Inc.
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
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
Thomas David L $218,000 None Listed On Document
Soto Tasha Maria $111,000 None Available
Aikey Isacc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas David L $196,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $218,000 -1.9% $189 / Sq Ft
08/08/2024 08/08/24 Price Changed $222,222 -2.1% $192 / Sq Ft
07/22/2024 07/22/24 Price Changed $227,000 -0.4% $197 / Sq Ft
03/14/2024 03/14/24 For Sale $228,000 +105.4% $197 / Sq Ft
02/01/2021 02/01/21 Sold $111,000 -11.2% $96 / Sq Ft View Prior Sale
01/10/2021 01/10/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $125,000 0.0% $108 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $125,000 +39.0% $108 / Sq Ft
08/01/2018 08/01/18 Sold $89,900 0.0% $74 / Sq Ft View Prior Sale
07/06/2018 07/06/18 For Sale $89,900 -- $74 / 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 $452 $113,100 $8,000 $105,100
2023 $452 $113,100 $8,000 $105,100
2022 $452 $113,100 $8,000 $105,100
2021 $355 $64,500 $5,500 $59,000
2020 $355 $64,500 $5,500 $59,000
2019 $355 $64,500 $5,500 $59,000
2018 $0 $64,500 $5,500 $59,000
2017 $276 $50,200 $0 $0
2016 $224 $50,200 $0 $0
2015 $224 $50,200 $5,500 $44,700
2012 -- $54,200 $8,500 $45,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 248373

High Country Association of REALTORS®

APN: 1824-03-22-2464-00000