NOT LISTED FOR SALE

43 Cole St Old Fort, NC 28762

Estimated Value: $111,000 - $239,000

2 Beds
1 Bath
905 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $300,000 $331 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $1,092/month

3 Days on Market

Highlights

  • City View
  • Laundry Room
  • Asbestos
  • Farmhouse Style Home
  • 1-Story Property
  • Wood Siding

About This Home

As of August 2024

Nestled in the heart of Old Fort, this charming 1940's home with 2 bedrooms and 1 bath offer a comfortable living space. The updated HVAC and metal roof, installed in 2012, ensure modern comfort and durability, with the home being in pristine condition and move in ready.
Relax on the quaint front porch and embrace the small-town atmosphere, getting to know your neighbors. Experience the best of small-town living as you walk to downtown and indulge in local breweries or savor a cup of coffee.
Conveniently located with easy access to I-40, you can reach Black Mountain in just 15 minutes, or Asheville in less than 30 minuntes making this home an ideal blend of small-town charm and accessibility to nearby amenities.
A New Survey is to come to divide 43 and 45 Cole St. and will reduce the property size tp less than .77 Acres. the size will be determined after the Survey is completed

Last Agent to Sell the Property

Charlie Wilson

Real Broker, LLC Brokerage Email: charliewilson@kw.com License #349927 Listed on: 05/12/2024

Real Broker, LLC

Last Buyer's Agent

Rosie Johnson

GreyBeard Realty License #207617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1940

Lot Details

  • 0.77

Property Views

  • City
  • Mountain

Home Design

  • Farmhouse Style Home
  • Cottage
  • Bungalow
  • Wood Siding
  • Metal Siding
  • Asbestos

Interior Spaces

  • 905 Sq Ft Home
  • 1-Story Property
  • Fire Sprinkler System

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space
  • Basement Storage

Parking

  • Driveway
  • 3 Open Parking Spaces

Schools

  • Old Fort Elementary School
  • Mcdowell High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0659-06-38-6250

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,005

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Cottage, Farmhouse
  • Year Built: 1940
  • Road Surface Type: Asphalt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 331.49
  • Geocode Confidence: High
  • Attribution Contact: charliewilson@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 905
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Water Heater, Exhaust Hood, Refrigerator, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 905
  • Has Basement: Exterior Entry, Storage Space, Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 905
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: City, Mountain(s), Year Round
  • Waterfront Features: None
  • Construction Type: Asbestos, Metal, Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Inside, Main Level
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System
  • Cooling: Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 0.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.77
  • Lot Size Units: Acres
  • Parcel Number: 0659-06-38-6250
  • Land Included Yn: 1
  • Development Status: Completed
  • Additional Parcels Description: A New Survey is to come to divide 43 and 45 Cole St. and will reduce the property size tp less than .77 Acres. the size will be determined after the Survey is completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Old Fort
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2024
Closed on
Jul 31, 2024
Sold by
Brown Secellia R and Carlton Secellia
Bought by
Cauthen Benjamin R and Cauthen Matthew S
Seller's Agent
Charlie Wilson
Real Broker, LLC
Buyer's Agent
Rosie Johnson
GreyBeard Realty
List Price
$250,000
Sold Price
$300,000
Premium/Discount to List
$50,000
20%
Views
5
Current Estimated Value
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,000
Avg. Annual Appreciation
-37.18%
Original Mortgage
$170,000
Outstanding Balance
$140,486
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$44,514

Purchase Details

Closed on
May 18, 2010
Sold by
Brown Wililam Frank
Bought by
Brown Secellia R

Purchase Details

Closed on
Jan 1, 1901
Bought by
Brown Secellia
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
Cauthen Benjamin R $300,000 None Listed On Document
S C M S Properties Llc $200,000 None Listed On Document
Brown Secellia R -- None Available
Brown Secellia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S C M S Properties Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $300,000 +20.0% $331 / Sq Ft
05/12/2024 05/12/24 For Sale $250,000 -- $276 / 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 $1,005 $148,260 $15,000 $133,260
2023 $970 $147,490 $15,000 $132,490
2022 $652 $97,560 $12,500 $85,060
2021 $652 $97,560 $12,500 $85,060
2020 $661 $97,560 $0 $0
2016 $484 $30,950 $10,000 $20,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4131576

Canopy MLS (Canopy Realtor® Association)

APN: 0659-06-38-6250