NOT LISTED FOR SALE

498 Love Ln Waynesville, NC 28786

Estimated Value: $511,000 - $648,019

4 Beds
3 Baths
3,263 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $400,000 $123 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,599/month

82 Days on Market

About This Home

As of February 2022

Beautiful Mid Century modern home with brick and stone exterior. The home is being completely remodeled. Currently the rough in inspections are underway for New Electrical, Plumbing and HVAC. The Interior will have some new flooring and Utilities. New roof installed this spring. This home has a spacious open floor plan just waiting on your plans for finishes. This price will be for the home completed up to the Utilities rough in installation. Private location in Town with long range views and easy access. Nice level yard with outdoor fireplace and patio for entertaining.

Last Agent to Sell the Property

Billy Case

RE/MAX Executive License #192377 Listed on: 10/07/2021

RE/MAX Executive

Last Buyer's Agent

Billy Case

RE/MAX Executive License #192377 Listed on: 10/07/2021

RE/MAX Executive

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Directions: From Waynesville take Love lane to home on the right.
  • New Construction: No
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • Subdivision Name: Orchard View
  • Ratio Current Price By Acre: 251572.33
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Features: None
  • Year Built: 1948

Interior Features

  • Appliances: Other, None
  • Fireplace Features: Great Room
  • Accessibility Features: Hall Width 36 Inches or More, Zero-Grade Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Pantry
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bedrooms: 4
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3263
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0

Exterior Features

  • Roof: Composition, Wood
  • Foundation Details: Slab
  • Construction Type: Brick, Stone
  • Waterfront Elevation: 2000
  • Lot Features: City View, Level, Long Range View, Mountain View, Paved
  • Tax Location: Waynesville
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Parking Space - 4+
  • Main Level Garage YN: 0

Utilities

  • Heating: Heat Pump, Heat Pump
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric

Schools

  • Elementary School: Junaluska
  • High School: Tuscola
  • Middle Or Junior School: Waynesville
  • HOA Subject To: None

Lot Info

  • Zoning Description: R-1

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Feb 21, 2022
Sold by
Marion E Norman Trust
Bought by
Ensley L Kevin L and Ensley Alice S
Seller's Agent
Billy Case
RE/MAX Executive
Buyer's Agent
Billy Case
RE/MAX Executive
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$622,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,352
Avg. Annual Appreciation
11.62%
Original Mortgage
$340,000
Outstanding Balance
$318,701
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$267,779

Purchase Details

Closed on
Oct 21, 2005
Sold by
Southeastern Development & Acquisition L
Bought by
Norman Marion E

Purchase Details

Closed on
Oct 17, 2005
Sold by
Hall Hayes E and Hall Wanda P
Bought by
Norman Marion E
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
Ensley L Kevin L $400,000 Wenzel & Wenzel Pllc
Norman Marion E $317,500 None Available
Norman Marion E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ensley L Kevin L $340,000
Previous Owner Marion Norman Realty & Rental $100,000
Previous Owner Norman Marion E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $400,000 -11.1% $123 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $450,000 -- $138 / 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 -- $388,600 $63,100 $325,500
2024 $2,296 $388,600 $63,100 $325,500
2023 $2,296 $388,600 $63,100 $325,500
2022 $2,069 $357,000 $63,100 $293,900
2021 $2,069 $357,000 $63,100 $293,900
2020 $1,631 $251,700 $51,600 $200,100
2019 $1,636 $251,700 $51,600 $200,100
2018 $1,636 $251,700 $51,600 $200,100
2017 $1,636 $251,700 $0 $0
2016 $1,734 $277,300 $0 $0
2015 $1,734 $277,300 $0 $0
2014 $1,593 $277,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3793953

Canopy MLS (Canopy Realtor® Association)

APN: 8616-21-8110