NOT LISTED FOR SALE

427 Jumping Branch Rd Tamassee, SC 29686

Estimated Value: $568,237 - $650,000

3 Beds
3.5 Baths
4,004 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $400,000 $100 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,683/month

35 Days on Market

Highlights

  • Waterfront
  • Main Floor Bedroom
  • Cooling Available
  • Walhalla Middle School Rated A-
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of November 2021

Welcome to the peace and quiet of a great mountain lake. The nearly 250 acre Lake Cherokee allows boat motors, but is usually not very busy on the Lake. This is a great lake to tube of ski on, and the fishing is excellent. The lake is deep and cool, and is located at the foot of the Blue Ridge Mountains (The Blue Wall). The house is very unique in design, with a large Living room/Great room on the upper level to provide the best views of the lake. The master with oversized bath, and a 2nd bedroom with bath are also located on the upper level. Both bedrooms have stunning lake views. On the lower, main level, are the eat-in kitchen & large laundry/utility room.
There is a library/office running the length of the house, with lake views, along with the 3rd bedroom. There is a brick (22 X 24") structure at the street which could be a workshop, hobby area or guest house, as there was water and septic hookups at one time. For the fun on the lake... there is a boathouse with deck & boat hoist. The house has 2 heat pumps. There are 2 lots, which have been combined, but could be separated according to the county, via a new survey. This would provide the ability to sell or build on the 2nd lot. The combined water frontage is 253 ft. The newer, 2 car garage is at the house level. The house has 2 upper decks, and a lower covered patio, all on the lake side. The decking is Trex type material, and the roofs on the house and boathouse are metal. There are 2 wells on the property, the 1st is 80' deep, and the 2nd is over 150' deep, and has abundant water supply.
********** NOTE: THE OWNER HAS GREATLY REDUCED THE PRICE, AND IS SELLING THE HOME AS-IS.

Last Agent to Sell the Property

Wayne Montague

Bob Hill Realty License #20470 Listed on: 08/30/2021

Last Buyer's Agent

Wayne Montague

Bob Hill Realty License #20470 Listed on: 08/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,021

Year Built

  • Built in 1983

Lot Details

  • 0.84 Acre Lot
  • Waterfront

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,004 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Location

  • Outside City Limits

Schools

  • Tam-Salem Elm Elementary School
  • Walhalla Middle School
  • Walhalla High School

Utilities

  • Cooling Available
  • Zoned Heating System
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • Lake Cherokee Subdivision

Listing and Financial Details

  • Tax Lot 11 & 12
  • Assessor Parcel Number 052-01-01-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,021

Year Built

Built in 1983

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Directions: Hwy 11 North from West Union. Left on Cheohee Valley Road, left on Tamassee Knob Road, Right onto Jumping Branch Road. # 427 will be on right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLotFeatures: Outside City Limits, Subdivision
  • Lot Size Acres: 0.84
  • Water Body Name: Cherokee
  • MLS Status: Closed
  • Subdivision Name: Lake Cherokee
  • Above Grade Finished Sq Ft: 4004.0
  • Architectural Style: Other, See Remarks
  • Garage Spaces: 2.0
  • Unit Levels: Two
  • Living Area: 40044004.0
  • Year Built Details: 31-50 Years
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Has Basement: Full, Finished, Heated, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Waterfront: Yes
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Multiple Heating Units, Zoned
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Tam-Salem Elm
  • High School: Walhalla High
  • Middle Or Junior School: Walhalla Middle

Lot Info

  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Parcel #: 052-01-01-028
  • Tax Year: 2021
  • Tax Annual Amount: 4020.67
  • Tax Lot: 11 & 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Nov 19, 2021
Sold by
Kimball Ronald G
Bought by
Thomas Julie and Anderson Delos W
Seller's Agent
Wayne Montague
Bob Hill Realty
Buyer's Agent
Wayne Montague
Bob Hill Realty
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Current Estimated Value
$606,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,309
Avg. Annual Appreciation
11.25%
Original Mortgage
$360,000
Outstanding Balance
$330,334
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$275,975

Purchase Details

Closed on
Apr 7, 2017
Sold by
Kimball David M
Bought by
Kimball Ronald G
Source: Public Records

Range of Values:

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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 Julie $400,000 None Available
Kimball Ronald G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Julie $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $400,000 -19.8% $100 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $499,000 -- $125 / Sq Ft
Source: Western Upstate Multiple Listing Service

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 $5,128 $15,908 $6,080 $9,828
2023 $5,128 $15,908 $6,080 $9,828
2022 $5,199 $15,908 $6,080 $9,828
2021 $4,021 $11,788 $5,746 $6,042
2020 $4,021 $11,768 $5,484 $6,284
2019 $4,021 $0 $0 $0
2018 $3,917 $0 $0 $0
2017 $3,186 $0 $0 $0
2016 $3,186 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $9,883 $4,818 $5,066
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Upstate Multiple Listing Service

MLS Number: 20243060

Western Upstate Multiple Listing Service

APN: 052-01-01-028