NOT LISTED FOR SALE

438 Coweeta Lab Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $248,000 - $320,000

3 Beds
2.5 Baths
-- Sq Ft
1.81 Acres

Last Sold February 28, 2019

Last sale price $174,000

Est. 78% increase in value since last sale

Current estimated payment $1,805/month

29 Days on Market

Highlights

  • RV Access or Parking
  • Open Floorplan
  • Orchard
  • Garage Apartment
  • Deck
  • Private Lot

About This Home

As of February 2019

This move in ready, 3 BR 2.5 BA, with SEPARATE GARAGE APARTMENT has beautiful mountain views and is wonderfully located off of a state maintained paved road, yet sits back off road & is private. This is one level living that has been well kept & has had many updates over the years including the kitchen, new CH&A, + most of the windows are only 8 years old & are insulated. Plus a big master bath was added on that is handicapped equipped as well as accessible. The main part of the home has the orig hardwood floors, & the rest of the home has laminate floors. You will love the open kitchen that has an original antique stove from the 1920s that does work! There is a spacious sunroom & both front & back porches that allows for lots of outdoor entertaining. Outdoors has a big yard with extensive landscaping, with a grove of blueberry bushes, grape vines & garden space. There is a partial basement that makes a great potting area or workshop, + 1 other outbuilding. There is a 1 car garage w/workshop & it has an adorable 1 bedroom apartment above it that is currently rented, so can provide extra income, or use as an in-law suite. Has parking for an RV or camper + elec. & water hookup.

Last Agent to Sell the Property

Sheila Myers

Keller Williams Realty Of Franklin Brokerage Phone: 8285240100 License #215471 Listed on: 01/29/2019

Keller Williams Realty Of Franklin

Last Buyer's Agent

Marty Kimsey

RE/MAX Elite Realty License #53843

RE/MAX Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $801

Year Built

  • Built in 1968

Lot Details

  • 1.81 Acre Lot
  • Property fronts a state road
  • Private Lot
  • Level Lot
  • Open Lot
  • Orchard

Parking

  • 1 Car Detached Garage
  • Garage Apartment
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Living Area on First Floor
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Screened Porch
  • Washer
  • Property Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Workshop
  • Basement with some natural light

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 6580519520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$801

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.81
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: Take 441 South out of Franklin right onto Coweeta Lab Road, just after the Otto Post Office. Then go .43 of a mile to house on left at KW sign.
  • Architectural Style: Traditional, Ranch/Single
  • Carport Y N: No
  • Garage Yn: Yes
  • Structure Type: Multi Family
  • Year Built: 1968
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Microwave, Other-See Remarks, Dishwasher, Electric Oven/Range, Washer, Refrigerator
  • Accessibility Features: Interior Handicapped Accessible, Exterior Handicapped Accessible
  • Has Basement: Exterior Entry, Partial, Daylight, Workshop
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Some Hardwoods, Laminate, Hardwood
  • Interior Amenities: Bonus Room, Large Master Bedroom, Primary on Main Level, Living/Dining Room, Sunroom, Workshop, Main Level Living, Walk-In Closet(s), Ceiling Fan(s), Primary w/Ensuite, Open Floorplan, Other
  • Window Features: Windows-Insulated/Storm, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 92.922
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 153.01
  • Room Living Room Area: 246.56
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 151.96
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 256.1

Exterior Features

  • Lot Features: Level Yard, Orchard(s), Private, Allow RVs, Rolling, Open Lot, Unrestricted
  • View: Long Range View, View Year Round
  • View: Yes
  • Home Warranty: No
  • Waterfront Elevation: 2172
  • Construction Type: Other
  • Other Structures: Apartment Studio, Outbuilding/Workshop, Storage Building/Shed
  • Patio And Porch Features: Screened Porch/Deck, Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage-Single Detached, Garage Apartment

Utilities

  • Cooling: Central Electric, Other
  • Cooling Y N: Yes
  • Heating: Electric, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 78843.6
  • Parcel #: 6580519520
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 800.53
  • Tax Book Number: K-18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Feb 19, 2019
Sold by
Caiata Alfred J and Lundin Family Revocable Trust
Bought by
James Antonio Matthew and Mathis Jaclyn Mae
Seller's Agent
Sheila Myers
Keller Williams Realty Of Franklin
Buyer's Agent
Marty Kimsey
RE/MAX Elite Realty
List Price
$174,000
Sold Price
$174,000
Current Estimated Value
$310,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,298
Avg. Annual Appreciation
11.56%
Original Mortgage
$165,300
Outstanding Balance
$146,785
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$205,200

Purchase Details

Closed on
Sep 15, 1989
Sold by
Brush Jr James W
Bought by
Lundin, Arthur J Trustee
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
James Antonio Matthew $174,000 None Available
Lundin, Arthur J Trustee $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Antonio Matthew $165,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $174,000 0.0% --
01/29/2019 01/29/19 For Sale $174,000 -- --
Source: Carolina Smokies 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
2024 $1,094 $251,260 $40,410 $210,850
2023 $1,015 $251,060 $40,410 $210,650
2022 $1,015 $159,140 $28,960 $130,180
2021 $1,015 $159,740 $28,960 $130,780
2020 $924 $159,740 $28,960 $130,780
2018 $801 $147,470 $28,960 $118,510
2017 $801 $147,470 $28,960 $118,510
2016 $801 $147,470 $28,960 $118,510
2015 $749 $147,470 $28,960 $118,510
2014 $594 $137,290 $41,630 $95,660
2013 -- $137,290 $41,630 $95,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26010937

APN: 6580519520