NOT LISTED FOR SALE

476 Elk Horn Dr Murphy, NC 28906

Estimated Value: $1,553,718 - $2,095,000

4 Beds
5.5 Baths
6,723 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $2,550,000 $379 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $10,878/month

221 Days on Market

Highlights

  • Barn
  • Gated Community
  • 165.28 Acre Lot
  • Home fronts a pond
  • Lake View
  • Deck

About This Home

As of April 2022

Elk Horn Lodge is a work of art and the ultimate getaway/investment! This property borders USFS & TVA property, has access to Lake Appalachia, and so many features it's impossible to list them all! Inside beautiful gated subdivision, there is 1 mile of paved roads, 2 fish ponds, & 3 year round game feeders, as well as 6 miles of grave/dirt 4 wheeler trails and roads! The Lodge itself is a stunner with 360 degree mountain views, and overlooks Lake Appalachia. Log home (logs transported from BC) has an amazing 2 car garage, incredible carved details and rock work, and space for the whole family or for a retreat! See documents for more details!

Last Agent to Sell the Property

Randy Dockery

REMAX Mountain Properties Brokerage Phone: 8288373002 License #160889 Listed on: 07/16/2021

REMAX Mountain Properties

Last Buyer's Agent

Randy Dockery

REMAX Mountain Properties Brokerage Phone: 8288373002 License #160889 Listed on: 07/16/2021

REMAX Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,220

Year Built

  • Built in 2007

Lot Details

  • 165.28 Acre Lot
  • Home fronts a pond
  • Garden

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 6,723 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Farming

  • Barn

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 451500749562000

Community Details

Overview

  • No Home Owners Association
  • Appalachian Hills Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,220

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Residential
  • Road Frontage Type: Road, Deeded Access, USFS
  • Lot Size Acres: 165.28
  • Road Surface Type: Gravel, Paved, See Remarks
  • Water Body Name: Appalachia
  • Subdivision Name: Appalachian Hills
  • Architectural Style: Cabin, Country/Rustic, See Remarks
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Attribution Contact: 8288373002
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Washer, Dryer
  • Has Basement: Finished, Full
  • Furnished: Furnished
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Wood
  • Living Area: 6723
  • Master Bedroom Master Bedroom Level: Main,Upper

Exterior Features

  • Roof: Shingle
  • View: Mountain(s), Year Round, Lake, Long Range, Trees/Woods
  • Topography: Wooded,Level,Sloping,Steep
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Timber/Pole Frame, Log, See Remarks, Other
  • Exterior Features: Garden, Private Yard
  • Other Structures: Workshop, Barn(s)
  • Patio And Porch Features: Front Porch, Deck, Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage, Driveway, See Remarks, Gravel, Asphalt
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Natural Gas, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated, Lake Access
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Cherokee

Lot Info

  • Lot Size Sq Ft: 7199596.8
  • Parcel #: 451500749562000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Apr 1, 2022
Sold by
Ernie Culpepper John and Ernie Linda P
Bought by
Karlsen Jeffrey and Karlsen Halie
Seller's Agent
Randy Dockery
REMAX Mountain Properties
Buyer's Agent
Randy Dockery
REMAX Mountain Properties
List Price
$2,550,000
Sold Price
$2,550,000
Current Estimated Value
$1,861,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$688,366
Avg. Annual Appreciation
-13.79%

Purchase Details

Listed on
Jul 16, 2021
Closed on
Mar 25, 2022
Sold by
Elkhorn Lodge Llc
Bought by
Culpepper John Ernie and Culpepper Linda P
Seller's Agent
Randy Dockery
REMAX Mountain Properties
Buyer's Agent
Randy Dockery
REMAX Mountain Properties
List Price
$2,550,000
Sold Price
$2,550,000

Purchase Details

Closed on
Jun 26, 2009
Sold by
Culpepper John Ernie and Culpepper Linda P
Bought by
Elkhorn Lodge Llc

Purchase Details

Closed on
Mar 16, 2005
Sold by
Appalachia Hills Developers Inc
Bought by
Morrow Kenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,293
Interest Rate
5.62%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Karlsen Jeffrey $2,000,000 Mchan Charles W
Culpepper John Ernie -- Mcham Charles W
Elkhorn Lodge Llc -- --
Morrow Kenny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrow Kenny $402,293
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $2,550,000 0.0% $379 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
07/16/2021 07/16/21 For Sale $2,550,000 -- $379 / Sq Ft
Source: Northeast Georgia Board 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 $8,220 $1,206,910 $0 $0
2023 $826 $1,206,910 $0 $0
2022 $826 $750,570 $0 $0
2021 $4,308 $750,570 $13,500 $737,070
2020 $4,509 $846,170 $0 $0
2019 $4,020 $690,880 $0 $0
2018 $4,020 $690,880 $0 $0
2017 $4,020 $690,880 $0 $0
2016 $4,020 $690,880 $0 $0
2015 $4,020 $690,880 $20,620 $670,260
2012 -- $690,880 $20,620 $670,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 308809

Northeast Georgia Board of REALTORS®

APN: 4515-00-75-7362-000