NOT LISTED FOR SALE

5011 Fish Hatchery Rd Morganton, NC 28655

Estimated Value: $633,000 - $787,657

2 Beds
3 Baths
2,193 Sq Ft
$324/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $357,000 $163 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,016/month

19 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Wood Flooring
  • Creek On Lot
  • Vaulted Ceiling
  • Walk-In Closet

About This Home

As of November 2019

What a wonderful way to enjoy life sitting on your wraparound porch looking straight into Table Rock and Shortoff mountains. Once you exit off the main road, you'll have to ford a creek to begin the experience of mountain life. This 2 bedroom (1 bedroom in the loft area) and 3 bath log home is located atop of a secluded mountain vista with over 7.5 acres of land, and a two-car detached garage. This property has over 250 feet of Russells Creek frontage, mature timber and many areas to hunt. Located approximately 1 mile from the New Fonta Flora Park/Trailhead, 2 miles to the Linville Boating Access to Lake James and over a half-million acres of the Pisgah National Forest located nearby. Whether you're looking for a full time, a secondary home or rental income, this home has options. The owner has a successful rental history through Air BnB if desired. Homes with this much land, and close proximity to Lake James, State Parks, and National Forest doesn't hit the market that often!

Last Agent to Sell the Property

Greg Shuffler

Fonta Flora Realty License #147122 Listed on: 08/12/2019

Last Buyer's Agent

Greg Shuffler

Fonta Flora Realty License #147122 Listed on: 08/12/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Home fronts a stream
  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cabin

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Creek On Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 55525

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91562
  • Ratio Close Price By Original Li: 0.91562
  • Ratio Current Price By Acre: 47284.77
  • Ratio Current Price By Sq Ft: 162.79
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 586
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Convection Oven, Cooktop Electric, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave, Surround Sound, Washer, Propane, Electric Oven
  • Fireplace Description: Gas Logs, Gas Unvented, Gas Vented
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-Ins, Kitchen Island, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1607
  • Total Sq Ft: 2193

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Satellite Internet Available

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 2 Car, Keypad Entry

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Oak Hill
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Features: Creekfront, Long Range View, Mountain View, Private, Rolling, Stream/Creek, Trees, Views, Wooded
  • Lot Size Area: 7.550
  • Parcel Number: 55525
  • Zoning Specification: CD-L-CD

Tax Info

  • Tax Value: 307959.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 5, 2019
Sold by
Carswell Ruby Ann Parks
Bought by
Campbell Leo Elphege and Campbell Brenda Lee
Seller's Agent
Greg Shuffler
Fonta Flora Realty
Buyer's Agent
Greg Shuffler
Fonta Flora Realty
List Price
$389,900
Sold Price
$357,000
Premium/Discount to List
-$32,900
-8.44%
Current Estimated Value
$709,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,664
Avg. Annual Appreciation
12.20%
Original Mortgage
$327,000
Outstanding Balance
$287,630
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$422,034

Purchase Details

Closed on
May 15, 2014
Sold by
Carswell Matthew C and Carswell Heather
Bought by
Carswell Mel Todd
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
Campbell Leo Elphege $367,000 None Available
Carswell Mel Todd $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Leo Elphege $327,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $357,000 -8.4% $163 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $389,900 -- $178 / 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 $3,183 $531,815 $64,610 $467,205
2024 $3,204 $531,815 $64,610 $467,205
2023 $3,257 $495,205 $64,610 $430,595
2022 $2,693 $336,911 $59,649 $277,262
2021 $2,687 $336,911 $59,649 $277,262
2020 $2,683 $336,911 $59,649 $277,262
2019 $2,459 $307,959 $37,649 $270,310
2018 $2,393 $299,457 $46,759 $252,698
2017 $2,391 $299,457 $46,759 $252,698
2016 $2,341 $299,457 $46,759 $252,698
2015 $2,338 $299,457 $46,759 $252,698
2014 $2,336 $299,457 $46,759 $252,698
2013 $2,336 $299,457 $46,759 $252,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3533343

Canopy MLS (Canopy Realtor® Association)

APN: 55525