NOT LISTED FOR SALE

Estimated Value: $1,088,987 - $1,279,000

4 Beds
3.5 Baths
5,512 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $615,000 $112 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,675/month

143 Days on Market

Highlights

  • Horse Facilities
  • Open Floorplan
  • Creek On Lot
  • Barn
  • Private Lot
  • Wood Flooring

About This Home

As of April 2017

Otter Creek Farm is located just outside of Lake Lure in Union Mills w/ 1600' on Otter Creek. Enjoy magnificent views from every room. Farm style house w/ upscale features has open floor plan, new custom kitchen w/ granite countertops & oversized island, great room w/ stone wood burning fireplace, 2 living quarters w/extra kitchen. The floors are wide pine planks throughout. Property includes 23+ acres, 4 stall barn, riding rink, trails, workshop, pastures w/ run in. See features page & tour.

Last Agent to Sell the Property

Carol Choun

Coldwell Banker Advantage Listed on: 09/22/2016

Coldwell Banker Advantage

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Home fronts a stream
  • Private Lot
  • Many Trees

Parking

  • Gravel Driveway

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Insulated Windows
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Outdoor Features

  • Creek On Lot
  • Separate Outdoor Workshop
  • Shed

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Utilities

  • Heating System Uses Propane
  • Well

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 1630025

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94761
  • Ratio Close Price By Original Li: 0.87983
  • Ratio Current Price By Acre: 26338.33
  • Ratio Current Price By Sq Ft: 111.57
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space, g-Sealed Crawl Space
  • Upper Level Sq Ft: 2738
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Convection Oven, Cooktop Gas, Disposal, Dryer, Dishwasher, Gas Range, Ice Maker Connection, Refrigerator, Exhaust Hood, Self Cleaning Oven, Security System, Washer, g-Energy Star® Dishwasher, g-Energy Star® Refrigerator, Propane, Electric Oven
  • Fireplace Description: FAMILYRM, Great Room, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Kitchen Island, Open Floorplan, Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Second Living Quarters: Interior Connected
  • Main Level Sq Ft: 2774
  • Total Sq Ft: 5512

Exterior Features

  • Construction: Fiber Cement, Wood
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Workshop, Equestrian Facilities, Fenced Pasture, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Lake Lure Classical Academy
  • Middle School: Lake Lure Classical Academy
  • High School: R.S. Central

Lot Info

  • Lot Features: Mountain View, Waterfront, Pasture, Paved Frontage, Private, Rolling, Stream/Creek, Trees, Views, Year Round View, Creekfront
  • Lot Size Area: 23.350
  • Parcel Number: 1630025
  • Plat Reference Section Pages: 542

Tax Info

  • Tax Value: 427000.00
  • Tax Amount Ncm: 2968.09
  • Tax Location: Union Mills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Apr 25, 2017
Sold by
Graham Michael and Graham Connie
Bought by
Gibbs Eric D and Gibbs Robin R
Seller's Agent
Carol Choun
Coldwell Banker Advantage
Buyer's Agent
Non Member
Canopy Administration
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%
Current Estimated Value
$1,141,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,777
Avg. Annual Appreciation
7.47%
Original Mortgage
$424,000
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Gibbs Eric D $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Eric D $405,000
Closed Gibbs Eric D $424,000
Previous Owner Graham Michael C $150,000
Previous Owner Graham Michael C $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $615,000 -12.0% $112 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
09/22/2016 09/22/16 For Sale $699,000 -- $127 / 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 $4,428 $808,400 $70,300 $738,100
2023 $4,180 $808,400 $70,300 $738,100
2022 $4,180 $599,000 $70,300 $528,700
2021 $4,145 $599,000 $70,300 $528,700
2020 $4,145 $599,000 $70,300 $528,700
2019 $4,137 $599,000 $70,300 $528,700
2018 $3,809 $541,700 $70,300 $471,400
2016 $2,968 $427,000 $70,300 $356,700
2013 -- $427,000 $70,300 $356,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3217307

Canopy MLS (Canopy Realtor® Association)

APN: 1630025