NOT LISTED FOR SALE

408 Grace Way Green Mountain, NC 28740

Estimated Value: $1,632,000 - $2,470,000

6 Beds
7.5 Baths
6,821 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $1,350,000 $198 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $11,957/month

81 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Cathedral Ceiling
  • Private Lot
  • Arts and Crafts Architecture
  • Wood Flooring

About This Home

As of November 2020

Private Paradise in the Mountains, the Grand Lodge with 5BR/6.5BA plus separate apartment is the Hallmark of Excellence throughout! The Custom Tennessee Timber Frame Home has massive beams to soaring ceiling & hand-built tall stone FP in Great Room. which is open to dining and chef's kitchen. Master BR/BA Suite w/den has covered porch for enjoying Mother Nature. Home designed for happy living and entertaining w/serving bar & easy access to screen porch and covered porch to accomodate everyone. Upstairs has loft that overlooks Great Room & spacious office, plus 2BR Suites. Lower level is terrific for family & friends w/large family/billiards room w/native stone FP, home theatre w/90" screen plus 2 BR Suites, laundry room and wine cellar. The attached 2-car garage has garage/workshp on lower level and upstairs apartment include open Great Room w/kitchen, bedroom, bath and large storage closet. Nothing spared in design or finish! Addiitional info attached. Call for details!

Last Agent to Sell the Property

Wanda Proffitt

Carolina Mountain Realty, Inc. License #C2424 Listed on: 07/01/2020

Last Buyer's Agent

Donna Banks

Allen Tate/Beverly-Hanks Asheville-North License #303324

Allen Tate/Beverly-Hanks Asheville-North

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Attached Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Fire Pit

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 085300080529000

Community Details

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.75419
  • Ratio Close Price By Original Li: 0.75419
  • Ratio Current Price By Acre: 294759.83
  • Ratio Current Price By Sq Ft: 197.92
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 1856
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8.00
  • Total Bedrooms: 6
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Central Vacuum, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Hood, Generator, Ice Maker Connection, Microwave, Refrigerator, Security System, Self Cleaning Oven, Surround Sound, Wall Oven, Washer, Wine Refrigerator
  • Fireplace Description: Den, Living Room, Rec Room
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Location: Main, Lower
  • Room Count: 3
  • Lower Level Sq Ft: 2392
  • Main Level Sq Ft: 2573
  • Total Sq Ft: 6821

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Underground Power Lines, Wired Internet Available

Garage/Parking

  • Driveway: Circular, Gravel
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Propane, g-Radiant Heated Floors
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 100.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Blue Ridge
  • Middle School: Cane River
  • High School: Mountain Heritage

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Sloping, Wooded
  • Lot Size Area: 4.580
  • Parcel Number: 085300080529000

Tax Info

  • Tax Value: 1015800.00
  • Tax Location: Yancey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Perrin Living Trust
Bought by
Susan G Perrin Trust and Terry L Perrin Trust
Current Estimated Value
$2,038,894

Purchase Details

Listed on
Jul 1, 2020
Closed on
Nov 10, 2020
Sold by
Meeks Rita A and Rita A Meeks Revocable Trust
Bought by
Perrin Terry Lee and Perrin Susan Gail
Seller's Agent
Wanda Proffitt
Carolina Mountain Realty, Inc.
Buyer's Agent
Donna Banks
Allen Tate/Beverly-Hanks Asheville-North
List Price
$1,790,000
Sold Price
$1,350,000
Premium/Discount to List
-$440,000
-24.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$750,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 2, 2017
Closed on
Sep 14, 2018
Sold by
Floyd Sheila
Bought by
Rita A Meeks Ret
Seller's Agent
Diane Vander Linden
WNC Mountain Realty Group LLC
Buyer's Agent
Wanda Proffitt
Carolina Mountain Realty, Inc.
List Price
$1,200,000
Sold Price
$660,000
Premium/Discount to List
-$540,000
-45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.28%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Susan G Perrin Trust -- None Listed On Document
Perrin Terry Lee $1,350,000 None Available
Rita A Meeks Ret $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perrin Terry Lee $750,000
Previous Owner Floyd Thomas $520,000
Previous Owner Varn Suzanne B $708,949
Previous Owner Varn Suzanne B $539,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $1,350,000 -24.6% $198 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $1,790,000 +171.2% $262 / Sq Ft
09/14/2018 09/14/18 Sold $660,000 -14.8% $118 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/22/2018 08/22/18 Price Changed $775,000 -8.8% $138 / Sq Ft
06/27/2018 06/27/18 Price Changed $850,000 -29.2% $152 / Sq Ft
06/02/2017 06/02/17 For Sale $1,200,000 +84.6% $214 / Sq Ft
05/10/2013 05/10/13 Sold $650,000 -34.7% $95 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $995,000 -- $145 / 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 $9,417 $1,623,600 $150,200 $1,473,400
2023 $6,704 $1,015,800 $61,500 $954,300
2022 $6,570 $1,015,800 $61,500 $954,300
2021 $6,704 $1,015,800 $61,500 $954,300
2020 $6,704 $1,015,800 $61,500 $954,300
2019 $6,704 $1,015,800 $61,500 $954,300
2018 $6,704 $1,015,800 $61,500 $954,300
2017 $6,704 $1,015,800 $61,500 $954,300
2016 $6,704 $1,015,800 $61,500 $954,300
2015 $3,657 $1,034,460 $50,100 $984,360
2014 $3,657 $652,980 $97,300 $555,680
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3636280

Canopy MLS (Canopy Realtor® Association)

APN: 085300080529.000