NOT LISTED FOR SALE

414 Timber Lakes Dr Todd, NC 28684

Estimated Value: $544,000 - $612,000

2 Beds
2 Baths
1,555 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $349,000 $224 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,167/month

42 Days on Market

Highlights

  • Spa
  • Wooded Lot
  • Furnished
  • Watauga High School Rated A-
  • Mountain Architecture
  • Cooling Available

About This Home

As of November 2020

This cabin has a remarkable rental history. (available on request). This is an investors dream. This home has two bedroom with large sleeping loft and two full baths. A fantastic great room with a large stone fireplace. A great kitchen area and a dining area large enough for the whole family. A new hot tub graces the back deck where one can enjoy the beautiful setting with the beverage of their choice and a relaxing spa. This home comes completely furnished and has been a superstar in the world of rentals. The owners have created a beautiful VRBO site and have continually crushed it. Own a piece of the mountain and begin enjoying the cool mountain weather.

Last Agent to Sell the Property

Chris Wotell

Peak Real Estate Llc Listed on: 09/11/2020

Co-Listed By

Jim Fitzpatrick

Peak Real Estate Llc

Last Buyer's Agent

Sue Leserra

Mountainscape Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 2006

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Residential,Subdivision

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Mountain Architecture
  • Shingle Roof
  • Architectural Shingle Roof
  • Log Siding
  • Cedar

Interior Spaces

  • 1,555 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Stone Fireplace
  • Crawl Space
  • Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Spa

Schools

  • Hardin Park Elementary School
  • Watauga High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Electric Water Heater

Community Details

  • Timber Lakes Resort Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2924820917000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,391

Year Built

Built in 2006

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Phone: (828) 898-1880
  • Subdivision Name: Timber Lakes Resort
  • Above Grade Finished Sq Ft: 1555.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Furnished, Hot Tub/Spa
  • Living Area: 1555.0
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Home Warranty: No
  • Construction Type: Cedar, Log
  • Exterior Features: Hot Tub/Spa
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Hardin Park
  • High School: Watauga

Lot Info

  • Parcel #: 2924820917000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1391.0
  • Tax Book Number: 1724/646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 5, 2020
Sold by
Devereaux William L and Devereaux Kerry M
Bought by
Egan Candor Care Llc
Seller's Agent
Chris Wotell
Peak Real Estate Llc
Buyer's Agent
Sue Leserra
Mountainscape Realty
List Price
$349,000
Sold Price
$349,000
Current Estimated Value
$579,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,198
Avg. Annual Appreciation
10.40%

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 28, 2016
Sold by
Poston Angela A
Bought by
Devereaux William L and Devereaux Kerry M
Seller's Agent
Jane Werner
Alternative Realty
Buyer's Agent
Chris Wotell
Peak Real Estate Llc
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Poston Mark Anthony and Poston Angie Ashby
Bought by
Poston Mark A and Poston Angela A

Purchase Details

Closed on
Apr 26, 2007
Sold by
Beth And Mark Carolina Properties Llc
Bought by
Poston Mark Anthony and Poston Angie Ashby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Smalley Charles K and Smalley Verna M
Bought by
Feldman Mark and Feldman Beth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Egan Candor Care Llc $349,000 None Available
Devereaux William L $235,000 None Available
Poston Mark A -- None Available
Poston Mark Anthony $299,000 None Available
Feldman Mark $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poston Mark Anthony $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2020 11/23/20 Sold $349,000 0.0% $224 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $349,000 +48.5% $224 / Sq Ft
07/13/2016 07/13/16 Sold $235,000 0.0% $155 / Sq Ft View Prior Sale
06/13/2016 06/13/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $235,000 -- $155 / 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
2025 $1,404 $335,400 $39,200 $296,200
2024 $1,404 $335,400 $39,200 $296,200
2023 $1,381 $335,400 $39,200 $296,200
2022 $1,381 $335,400 $39,200 $296,200
2021 $1,391 $277,200 $21,300 $255,900
2020 $1,391 $277,200 $21,300 $255,900
2019 $1,391 $277,200 $21,300 $255,900
2018 $1,253 $277,200 $21,300 $255,900
2017 $1,253 $277,200 $21,300 $255,900
2013 -- $276,600 $21,300 $255,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 224534

High Country Association of REALTORS®

APN: 2924-82-0917-000