NOT LISTED FOR SALE

460 Tryphosa Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $226,000 - $317,000

2 Beds
1 Bath
-- Sq Ft
1.21 Acres

Last Sold July 12, 2022

Last sale price $164,000

Est. 54% increase in value since last sale

Current estimated payment $1,363/month

21 Days on Market

Highlights

  • River Front
  • Deck
  • No HOA
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Rustic Architecture

About This Home

As of July 2022

Opportunity awaits at this easy accessible from the main rd, unique barn-style cabin affronting the headwater of the Little Tennessee River!! There are two bedrooms here, with one being on the main and the second bedroom being a loft on the upper level. Nice size living area with propane heat that warms the space perfectly. Step out onto the small front porch overlooking the park-like setting and the river. You can increase your riverfront view with a simple expansion of the porch. Great level yard allowing for gardening, pets, and entertainment on the river. On the property is a carport for RV/boat or equipment. There is potential to create a circular drive for RVs with a septic hook-up already in place. A small creek flanks the northern border of the property. All the makings are here to make a sweet vacation rental cabin or personal getaway. Come and envision all you can do with this property.

Last Agent to Sell the Property

Michael Peak

Durpo Realty Associates Brokerage Phone: 7067462900 License #308526 Listed on: 01/23/2022

Last Buyer's Agent

Michael Peak

Durpo Realty Associates Brokerage Phone: 7067462900 License #308526 Listed on: 01/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1984

Lot Details

  • 1.21 Acre Lot
  • Home fronts a stream
  • River Front
  • Property fronts a state road
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Valley

Home Design

  • Rustic Architecture
  • Cabin
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Insulated Windows
  • Crawl Space

Kitchen

  • Open to Family Room
  • Electric Oven or Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space

Outdoor Features

  • Deck
  • Porch

Location

  • In Flood Plain

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • River's Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6488797524

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.21
  • Road Frontage Type: State Road
  • Ownership: More than One Year
  • Subdivision Name: River's Edge
  • Directions: From Franklin, 441 S past Otto to Tryphosa Rd on Left to 460 Tryphosa Rd on left. See LA pointers
  • Architectural Style: Other-See Remarks, Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1984
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Refrigerator, Dryer, Microwave, Washer, Electric Oven/Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Open Floorplan, Kitchen/FR Combo, Primary on Main Level
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 184.4792
  • Master Bedroom Master Bedroom Width: 13.6667
  • Room Master Bedroom Area: 103.6389

Exterior Features

  • Lot Features: Open Lot, Level Yard, Flood Plain
  • View: Water, Valley
  • View: Yes
  • Waterfront Features: River Front, Stream/Creek
  • Waterfront: Yes
  • Home Warranty: No
  • Waterfront Elevation: 2084
  • Construction Type: Wood Siding
  • Exterior Features: Other, Rustic Appearance
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Parcel #: 6488797524
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 967.18
  • Tax Book Number: D-23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Jul 8, 2022
Sold by
Gallenkamp Ernest W
Bought by
Austin Adam D
Seller's Agent
Michael Peak
Durpo Realty Associates
Buyer's Agent
Michael Peak
Durpo Realty Associates
List Price
$164,000
Sold Price
$164,000
Current Estimated Value
$252,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,237
Avg. Annual Appreciation
12.89%
Original Mortgage
$159,080
Outstanding Balance
$151,360
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$100,877
Source: Public Records
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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
Austin Adam D $164,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Adam D $159,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $164,000 0.0% --
05/28/2022 05/28/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $164,000 -- --
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
2025 $635 $148,180 $68,080 $80,100
2024 $635 $148,180 $68,080 $80,100
2023 $519 $148,080 $68,080 $80,000
2022 $519 $81,790 $36,780 $45,010
2021 $519 $82,290 $36,780 $45,510
2020 $473 $82,290 $36,780 $45,510
2018 $438 $82,810 $36,780 $46,030
2017 $438 $82,810 $36,780 $46,030
2016 $438 $82,810 $36,780 $46,030
2015 $412 $82,810 $36,780 $46,030
2014 $391 $97,160 $59,290 $37,870
2013 -- $97,160 $59,290 $37,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26025124

APN: 6488797524