NOT LISTED FOR SALE

47 Tanglewood Trail Spruce Pine, NC 28777

Estimated Value: $204,000 - $317,000

3 Beds
2 Baths
1,436 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $120,000 $84 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,509/month

52 Days on Market

About This Home

As of April 2020

3 bedroom 2 bath ranch style home situated just off the Blue Ridge Parkway in Spruce Pine NC. this highly functional single level floorplan features a large living room w fireplace. The kitchen has lots of cabinets and all appliances inc a fridge/freezer, cooktop, wall oven and microwave, plus a dishwasher. Master suite has a private bath and walk-in closet. 2 addt bedrooms and a centrally located 2nd full bathroom. Large rear deck to take-in those breathtaking mountain views, outbuilding for storage, and a whole house backup generator! Property is owned by US Dept of HUD and is sold AS-IS/WHERE-IS with all faults.Buyer or buyers agent to verify all stats.HUD Case#381-961885.Purchase this home using FHA Financing with ALMOST NO MONEY DOWN!See your agent for details.Property is eligible for FHA Insured Escrow financing pending updated appraisal.Seller will contribute up to 3% of purchase price for buyers closing costs if requested with offer submission.EQUAL HOUSING OPPORTUNITY

Last Agent to Sell the Property

Jason Dale

Hott Property LLC License #261328 Listed on: 12/17/2019

Hott Property LLC

Last Buyer's Agent

Casey Ledford

Proper Realty LLC License #283488

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 1.09

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1719-00-43-8528

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Modular Home
  • Ratio Close Price By List Price: 0.78947
  • Ratio Close Price By Original Li: 0.78947
  • Ratio Current Price By Acre: 110091.74
  • Ratio Current Price By Sq Ft: 83.57
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Microwave, Refrigerator, Wall Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1436
  • Total Sq Ft: 1436

Exterior Features

  • Construction: Vinyl
  • Construction Type: On Frame Modular

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Lot Info

  • Lot Features: Mountain View
  • Parcel Number: 1719-00-43-8528
  • Zoning Specification: res

Tax Info

  • Tax Value: 116100.00
  • Tax Location: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Apr 26, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Wiseman Christopher Lewis
Seller's Agent
Jason Dale
Hott Property LLC
Buyer's Agent
Casey Ledford
Proper Realty LLC
List Price
$152,000
Sold Price
$120,000
Premium/Discount to List
-$32,000
-21.05%
Current Estimated Value
$271,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,530
Avg. Annual Appreciation
15.46%
Original Mortgage
$116,400
Outstanding Balance
$103,502
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$168,028

Purchase Details

Closed on
Nov 7, 2019
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 30, 2019
Sold by
Cook John F and Cook Carla W
Bought by
Midfirst Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wiseman Christopher Lewis -- None Available
Secretary Of Housing & Urban Development -- None Available
Midfirst Bank $98,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiseman Christopher Lewis $116,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2020 04/29/20 Sold $120,000 -21.1% $84 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $152,000 -- $106 / 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
2025 $1,090 $170,300 $24,000 $146,300
2024 $1,073 $170,300 $24,000 $146,300
2023 $1,073 $170,300 $24,000 $146,300
2022 $1,073 $170,300 $24,000 $146,300
2021 $755 $116,100 $21,800 $94,300
2020 $755 $116,100 $21,800 $94,300
2019 $755 $116,100 $21,800 $94,300
2018 $755 $116,100 $21,800 $94,300
2017 $764 $117,500 $21,800 $95,700
2016 $705 $117,500 $21,800 $95,700
2015 $7 $117,500 $21,800 $95,700
2014 $705 $117,500 $21,800 $95,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3576153

Canopy MLS (Canopy Realtor® Association)

APN: 1719-00-43-8528