NOT LISTED FOR SALE

477 Michelle Ln Newland, NC 28657

Estimated Value: $292,000 - $444,000

3 Beds
3 Baths
1,824 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $195,000 $107 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,944/month

93 Days on Market

Highlights

  • Views of Trees
  • 1.87 Acre Lot
  • Traditional Architecture
  • Crossnore Elementary School Rated 9+
  • Wood Burning Stove
  • Porch

About This Home

As of August 2021

Peaceful setting on 1.87 acres with tremendous potential. The large lot makes for a private setting and has great accessibility. Plenty of parking with a wrap-around driveway and 2 car garage. The driveway goes up to the main level of the house for easy access. Enter into the open concept kitchen/living/dining room area with a gas log fireplace. The Master bedroom is a generous size and has a large walk-in closet and en-suite bath. Sliding glass doors lead to a private deck. The other end of the home has another bedroom with an en-suite bathroom and a large closet. The laundry is located on the main level. Downstairs is a basement area with new drywall and roughed-in for a kitchenette. The basement is in the process of being repaired and buyer coming in could opt to finish on their own. There is another bedroom/bathroom in the basement with additional storage. The basement has great potential to be easily converted into a rental apartment. Two car garage in the basement is a great space for more storage or a workshop. Roof is newer and was installed around 2017. Appliance says with the home and some furniture is negotiable. Remaining fuel to be pro-rated at closing.

Last Agent to Sell the Property

Nate Wright

Hyatt In The High Country, Inc. Listed on: 04/29/2021

Co-Listed By

Kelsey Wright

Hyatt In The High Country, Inc.

Last Buyer's Agent

Nate Wright

Hyatt In The High Country, Inc. Listed on: 04/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1988

Lot Details

  • 1.87 Acre Lot
  • Property fronts a private road
  • Zoning described as Residential,Subdivision

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Gas Fireplace
  • Propane Fireplace
  • Views of Trees
  • Finished Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Crossnore Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Shared Well
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 18340063413200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1988

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.87
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: 491
  • Co List Office Phone: (828) 268-9901
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1216.0
  • Architectural Style: Cottage, Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Finished, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 608.0
  • Fireplace Features: Gas, Other, See Remarks, Vented, Propane
  • Fireplace: Yes
  • Living Area: 1824.0
  • Stories: 2

Exterior Features

  • View: Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Wood Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Multiple
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Two Car Garage, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Fireplace(s), Kerosene, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Permit Unavailable
  • Utilities: High Speed Internet Available
  • Water Source: Other, See Remarks, Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Crossnore
  • High School: Avery County

Lot Info

  • Parcel #: 18340063413200000
  • Zoning Description: Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 742.0
  • Tax Book Number: 188/113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Aug 20, 2021
Sold by
Scott James L
Bought by
Blaum Steven Gerald and Roberts Alice May
Seller's Agent
Nate Wright
Hyatt In The High Country, Inc.
Buyer's Agent
Nate Wright
Hyatt In The High Country, Inc.
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$345,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,646
Avg. Annual Appreciation
15.43%
Original Mortgage
$165,750
Outstanding Balance
$150,820
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$194,826
Source: Public Records

Range of Values:

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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
Blaum Steven Gerald $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaum Steven Gerald $165,750
Previous Owner Scott James Leonard $128,000
Previous Owner Scott James L $110,500
Previous Owner Scott James Leonard $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $195,000 0.0% $107 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $195,000 -- $107 / Sq Ft
Source: High Country 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 $747 $188,500 $43,800 $144,700
2023 $747 $186,700 $43,800 $142,900
2022 $747 $186,700 $43,800 $142,900
2021 $741 $134,800 $33,300 $101,500
2020 $741 $134,800 $33,300 $101,500
2019 $741 $134,800 $33,300 $101,500
2018 $741 $134,800 $33,300 $101,500
2017 $785 $142,800 $0 $0
2016 $639 $142,800 $0 $0
2015 $639 $142,800 $33,300 $109,500
2012 -- $169,700 $35,000 $134,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 230021

High Country Association of REALTORS®

APN: 1834-00-63-4132-00000