NOT LISTED FOR SALE

500 Tranquil Cove Rd Murphy, NC 28906

Estimated Value: $624,467 - $800,000

4 Beds
4.5 Baths
3,152 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2021

Last sale price $509,000 $161 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,901 / mo

6 Days on Market

Highlights

  • New Construction
  • Mountain View
  • Cathedral Ceiling
  • Gated Community
  • Deck
  • Wood Flooring

About This Home

As of November 2021

BEAUTIFUL RUSTIC LUXURY WITH A VIEW!This freshly completed 4 br,4.5 bath mountain retreat with granite throughout boasts some of the best long range views around. 2 master BD w/ ensuite baths. Cathedral ceilings and plenty of glass for natural light welcome you in. The well appointed chefs kitchen with upscale Samsung appliances,2 stacked stone interior fireplaces and custom tile bathrooms will make you feel right at home.Ample parking, spacious decking with a top of the line retractable awning,and fresh landscaping.All in a secure gated community with clubhouse and community pond.Far enough away from the hustle & bustle of the city life, yet only minutes from town.FULLY FURNISHED & TURNKEY!

Last Agent to Sell the Property

Dexter Hubbard

ReMax Mountain Properties License #206894 Listed on: 09/09/2021

ReMax Mountain Properties

Last Buyer's Agent

Dexter Hubbard

ReMax Mountain Properties License #206894 Listed on: 09/09/2021

ReMax Mountain Properties

Home Details

Home Type

  • Single Family

Lot Details

  • 1.08 Acre Lot
  • Property is in excellent condition
  • Zoning described as Deed Restricted

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Open Parking

Property Views

  • Mountain
  • Seasonal

Home Design

  • New Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,152 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 34A
  • Assessor Parcel Number 451000757469000

Community Details

Overview

  • Wolf Mtn Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Lot Details

1.08 Acres

HOA Fees

$42 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence,Residential
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.08
  • Lot Size: 1.08
  • Subdivision Name: Wolf Mtn Estates
  • Directions: 64W to RT at Wolf Mountain Rd. Go to entrance of Wolf Mountain Estates. Gate code #1625. Follow Old Fain Road to RT on Tranquil Cove road follow 1/2 mile to end of road.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Range, Microwave, Dishwasher, Washer, Dryer
  • Has Basement: Full, Walk-Out Access, Finished, Exterior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Basement, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Insulation, Master Downstairs, Double Vanity, Tile Shower/Tub, Walk-In Closet(s), Granite Counters, Kitchen Island
  • Living Area: 3152
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: None
  • View: Seasonal View, Good View, Excellent View, Mountain(s)
  • View: Yes
  • Construction Type: Frame, Wood Siding, Other
  • Foundation Details: Slab
  • Patio And Porch Features: Deck/Patio, Porch
  • Property Condition: Excellent
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Basement, Concrete, Asphalt, Gravel
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Cherokee County

Lot Info

  • Lot Size Sq Ft: 47044.8
  • Parcel #: 451000757469000
  • Zoning Description: Deed Restricted
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 34A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Brown Matthew
Bought by
Brown Family Trust and Brown
Current Estimated Value
$676,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$434,305
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$242,062

Purchase Details

Closed on
Mar 5, 2024
Sold by
Brown Family Trust and Brown Matthew
Bought by
Brown Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$434,305
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$242,062

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 23, 2021
Sold by
Ferraro Richard John and Ferraro Cindy Renae
Bought by
Brown Matthew and Brown Caridad
Seller's Agent
Dexter Hubbard
ReMax Mountain Properties
Buyer's Agent
Dexter Hubbard
ReMax Mountain Properties
List Price
$539,900
Sold Price
$509,000
Premium/Discount to List
-$30,900
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Dec 3, 2020
Sold by
Moss Jason and Moss Joni
Bought by
Ferraro Richard John and Ferraro Cindy Renae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2019
Closed on
Apr 5, 2019
Sold by
Scherer Martin
Bought by
Moss Jason and Moss Joni
Seller's Agent
Kelly Hopkins
REMAX Mountain Properties
Buyer's Agent
Michelle Spies
Carolina Mountain Homes
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.42%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Brown Family Trust -- Stewart Title
Brown Matthew -- Stewart Title
Brown Matthew -- Stewart Title
Brown Matthew $509,000 None Available
Ferraro Richard John $425,000 None Available
Moss Jason -- None Available
Moss Jason $80,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Brown Family Trust $442,000
Closed Brown Matthew $442,000
Previous Owner Ferraro Richard John $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2021 11/04/21 Sold $509,000 -5.7% $161 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $539,900 +574.9% $171 / Sq Ft
05/09/2019 05/09/19 Sold $80,000 0.0% $32 / Sq Ft View Prior Sale
03/27/2019 03/27/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $80,000 -- $32 / Sq Ft
Source: Mountain Lakes Board of REALTORS®

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 $3,025 $419,950 $0 $0
2024 -- $419,950 $0 $0
2023 -- $419,950 $0 $0
2022 $0 $419,950 $0 $0
2021 $2,322 $419,950 $20,000 $399,950
2020 $1,112 $224,570 $0 $0
2019 $704 $125,970 $0 $0
2018 $704 $125,970 $0 $0
2017 $704 $125,970 $0 $0
2016 $704 $125,970 $0 $0
2015 $704 $125,970 $20,400 $105,570
2012 -- $105,540 $20,400 $85,140
Source: Public Records

Agents Affiliated with this Home

  • Dexter Hubbard

    Seller's Agent in 2021

    Dexter Hubbard

    RE/MAX

    (828) 361-4710

    407 in this area

    561 Total Sales

    Dexter Hubbard
    Section Image
  • Kelly Hopkins

    Seller's Agent in 2019

    Kelly Hopkins

    RE/MAX

    (888) 853-5598

    161 in this area

    221 Total Sales

    Kelly Hopkins
    Section Image
  • Michelle Spies

    Buyer's Agent in 2019

    Michelle Spies

    Carolina Mountain Homes

    (828) 342-2947

    210 in this area

    247 Total Sales

    Michelle Spies
    Section Image
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Map

Source: Mountain Lakes Board of REALTORS®

MLS Number: 138922

APN: 4510-00-75-7469-000

North Carolina Cherokee County Murphy 28906

500 Tranquil Cove Rd, Murphy, NC

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