NOT LISTED FOR SALE

461 Rainbow Trout Dr Spruce Pine, NC 28777

Estimated Value: $398,000 - $591,000

3 Beds
2 Baths
2,130 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $314,000 $147 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,953/month

1,120 Days on Market

Highlights

  • Private Lot
  • Attached Garage
  • Cabin
  • Wood Flooring

About This Home

As of April 2021

MOTIVATED SELLER!!! Beautiful log cabin with 8 mile year round views to Mt. Mitchell & the Black Mtn. Range. 3BD/2BA, granite counter tops in kitchen and bathrooms, central heat & AC, gas oven/range, easy-slide closing drawers, alarm system, wood floors, master & laundrey on the main, private WC & shower in master bath, large walk-in master closet, solid concrete insulated (Superior Walls- waterproofed) basement- ready for finished sq. footage. Central to all attractions, convenient privacy in gated community, hiking trails to Crabtree Falls on Blue Ridge Parkway, community surrounded by Forest Service Lands. This is everything you could want in the mountains!

Last Agent to Sell the Property

Casey Ledford

Proper Realty LLC License #283488 Listed on: 02/13/2018

Last Buyer's Agent

JoAnna Kullmann

LPT Realty, LLC License #324936

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 1.27

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Cabin
  • Log Siding

Flooring

  • Wood
  • Tile

Additional Features

  • 2 Full Bathrooms
  • Private Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0767-00-92-4965

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.87465
  • Ratio Close Price By Original Li: 0.78697
  • Ratio Current Price By Acre: 247244.09
  • Ratio Current Price By Sq Ft: 147.42
  • Year Built: 2011
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Partially Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Dryer Hookup, Exhaust Hood, Refrigerator
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2130
  • Total Sq Ft: 2130
  • Sq Ft Unheated Basement: 1066
  • Sq Ft Unheated Total: 1066

Exterior Features

  • Construction: Hard Stucco, Log, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View, Private
  • Lot Size Area: 1.270
  • Parcel Number: 0767-00-92-4965
  • Plat Reference Section Pages: 389

Tax Info

  • Tax Value: 438700.00
  • Tax Location: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Apr 15, 2021
Sold by
Williams James O
Bought by
Ballou James and Ballou Jennifer L
Seller's Agent
Casey Ledford
Proper Realty LLC
Buyer's Agent
JoAnna Kullmann
LPT Realty, LLC
List Price
$359,000
Sold Price
$314,000
Premium/Discount to List
-$45,000
-12.53%
Current Estimated Value
$502,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,013
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Dec 10, 2007
Sold by
Landstar Development Llc
Bought by
Williams Melinda H and Williams James O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,999
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ballou James $314,000 None Available
Williams Melinda H $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams James O $494,837
Previous Owner Williams James O $472,860
Previous Owner Williams Melinda H $110,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $314,000 -12.5% $147 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $359,000 0.0% $169 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/18/2021 01/18/21 Price Changed $359,000 -1.6% $169 / Sq Ft
12/29/2020 12/29/20 For Sale $364,900 0.0% $171 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $364,900 0.0% $171 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/15/2019 05/15/19 Price Changed $364,900 -2.7% $171 / Sq Ft
02/18/2019 02/18/19 Price Changed $375,000 0.0% $176 / Sq Ft
02/18/2019 02/18/19 For Sale $375,000 +19.4% $176 / Sq Ft
02/13/2019 02/13/19 Off Market $314,000 -- --
02/13/2018 02/13/18 For Sale $399,000 -- $187 / 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 $2,609 $414,200 $60,000 $354,200
2023 $2,609 $414,200 $60,000 $354,200
2022 $2,609 $414,200 $60,000 $354,200
2021 $2,329 $358,300 $55,000 $303,300
2020 $2,578 $396,600 $55,000 $341,600
2019 $2,578 $396,600 $55,000 $341,600
2018 $2,578 $396,600 $55,000 $341,600
2017 $2,852 $438,700 $90,000 $348,700
2016 $2,632 $438,700 $90,000 $348,700
2015 $2,479 $438,700 $90,000 $348,700
2014 -- $438,700 $90,000 $348,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3360047

Canopy MLS (Canopy Realtor® Association)

APN: 0767-00-92-4965