NOT LISTED FOR SALE

497 Davis Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $404,814 - $475,000

2 Beds
2 Baths
1,151 Sq Ft
$380/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $187,000 $162 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,403/month

53 Days on Market

Highlights

  • 3.65 Acre Lot
  • Deck
  • Partially Wooded Lot
  • Open Floorplan
  • Private Lot
  • Cathedral Ceiling

About This Home

As of December 2018

Charming mountain cabin with a breathtaking long range view! Great development and well maintained. Home built in 2005. Conveniently located in Otto, NC with 441 access to Franklin or Clayton - just under 2 hours to Atlanta. This easy to maintain log home features: Stacked stone fireplace, hardwood floors, vaulted ceilings in living area, open floor plan, master bedroom on main with walk-in closet and full bath. Upstairs you'll find a large loft bedroom, office/study nook and another full bath. Plus extra storage in the eaves. Concrete driveway and beautiful custom stone retaining wall. Screened in deck off the main living room helps bring the outdoors and that VIEW inside. Situatiated on just over 3.5 acres you've got a lot of land and privacy. Dual zoned HVAC, Sound system wiring, washer & dryer hook up on main level, New chimney in 2016, Nice and quiet neighbors according to owners. Appliances stay and move in ready. Located in Otto, you'll have the option of going north to Franklin or south to Dillard or Clayton for shopping, dining, banking or entertainment. With the fantastic mountain views and the great condition of this home inside and out, this beauty won't last long.

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 10/08/2018

Re/Max Elite Realty

Last Buyer's Agent

Jessica Seymour

Keller Williams Realty Of Franklin License #304236

Keller Williams Realty Of Franklin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 2005

Lot Details

  • 3.65 Acre Lot
  • Private Lot
  • Partially Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Cottage
  • Log Cabin
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,151 Sq Ft Home
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Screens
  • Living Area on First Floor
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Screened Porch
  • Wood Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Swiss Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6488455304

Home Details

Home Type

Single Family

Est. Annual Taxes

$914

Year Built

Built in 2005

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 3.65
  • Road Frontage Type: Property Owners' Assoc, Community
  • Ownership: More than One Year
  • Subdivision Name: Swiss Village
  • Directions: From Franklin take Hwy 441S to Right on Wallalieu Gap Road, and then Right on Swiss Village, and then Right on Davis Road to #497 and LA sign.
  • Architectural Style: Log, Cottage, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2005
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Microwave, Dishwasher, Electric Oven/Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bonus Room, Cathedral/Vaulted Ceiling, Primary on Main Level, Pantry, Kitchen/Dining Room, Main Level Living, Walk-In Closet(s), Ceiling Fan(s), Country Kitchen, Open Floorplan
  • Living Area: 1151
  • Main Level Bathrooms: 1
  • Window Features: Screens
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Living Room Area: 220.5
  • Room Kitchen Area: 133.875
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 12.4
  • Room Master Bedroom Area: 195.3

Exterior Features

  • Lot Features: Private
  • View: Long Range View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Wood Siding, Log Siding
  • Patio And Porch Features: Screened Porch/Deck, Deck, Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 158994
  • Parcel #: 6488455304
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 914.06
  • Tax Book Number: J-32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 21, 2018
Sold by
Rogers G M and Rogers Kay S
Bought by
Seymour Kathryn Tracy
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Jessica Seymour
Keller Williams Realty Of Franklin
List Price
$187,000
Sold Price
$187,000
Current Estimated Value
$437,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,954
Avg. Annual Appreciation
13.27%
Original Mortgage
$168,300
Outstanding Balance
$148,572
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$289,382

Purchase Details

Closed on
Jun 12, 2008
Sold by
Shafer Theresa L
Bought by
Rogers G M and Rogers Kay S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Seymour Kathryn Tracy $187,000 First American Mortgage Solu
Rogers G M $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seymour Kathryn Tracy $168,300
Previous Owner Rogers G M $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $187,000 0.0% $162 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $187,000 -- $162 / Sq Ft
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 $1,174 $310,790 $94,390 $216,400
2024 $1,174 $310,790 $94,390 $216,400
2023 $1,028 $310,790 $94,390 $216,400
2022 $1,028 $183,930 $47,660 $136,270
2021 $1,028 $183,930 $47,660 $136,270
2020 $923 $183,930 $47,660 $136,270
2018 $914 $197,840 $39,240 $158,600
2017 $914 $197,840 $39,240 $158,600
2016 $914 $197,840 $39,240 $158,600
2015 $884 $197,840 $39,240 $158,600
2014 $723 $198,540 $48,220 $150,320
2013 -- $198,540 $48,220 $150,320
Source: Public Records

Agents Affiliated with this Home

  • Becky Ramey

    Seller's Agent in 2018

    Becky Ramey

    RE/MAX

    (828) 421-2357

    16 in this area

    167 Total Sales

    Becky Ramey
    Section Image

  • J

    Buyer's Agent in 2018

    Jessica Seymour

    Keller Williams Realty Of Franklin

    (828) 421-3672

    6 in this area

    133 Total Sales

    Jessica Seymour
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26010042

APN: 6488455304

North Carolina Macon County Otto 28763 Otto

497 Davis Rd, Otto, NC

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