NOT LISTED FOR SALE

505 Rutherford Dr Nebo, NC 28761

Estimated Value: $527,000 - $661,000

1 Bed
2 Baths
831 Sq Ft
$700/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $563,000 $677 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,219/month

9 Days on Market

Highlights

  • Water Views
  • RV Access or Parking
  • Private Lot
  • Guest House
  • Deck
  • Pond

About This Home

As of October 2024

Over 42 acres with 2 rustic dwellings, 3 outbuildings, 2 ponds, and a stream running through it! The main home on this charming, gated escape is located at the end of the long, private drive. Note its rustic, log style with a large living room, lovely deck, and loft. Add to the living space here by finishing the already conditioned walk-out basement. The quant, ancillary dwelling located down the path is tucked into the side hill with ample kitchen, porch, and gathering space. This is perfect for overflow visitors or the in-laws. This property is a sportsman's hideaway, bordering Carolina West Shooting Club, a private shooting club dedicated to advancing shooting sports, gun safety and youth involvement. CWSC provides rifle, pistol, rim fire, 5 stand shotgun, tactical and three-gun opportunities for its members. You will hear gunshots during the day, but the range closes at dusk and only allows archery and air guns on Sundays. Short term rental opportunity.

Last Agent to Sell the Property

Bryan Jones

Keller Williams Unified Brokerage Email: bryan@lakejames.com License #212972 Listed on: 08/11/2024

Keller Williams Unified

Co-Listed By

Fletcher Edens

Keller Williams Unified Brokerage Email: bryan@lakejames.com License #226103

Last Buyer's Agent

Bryan Jones

Keller Williams Unified Brokerage Email: bryan@lakejames.com License #212972 Listed on: 08/11/2024

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Gated Home
  • Private Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned n/a

Parking

  • RV Access or Parking

Home Design

  • Cabin
  • Wood Siding
  • Log Siding
  • Stone Veneer

Interior Spaces

  • 1.5-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Access to stream, creek or river
  • Waterfront has a Concrete Retaining Wall
  • Pond
  • Wetlands on Lot
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Additional Homes

  • Guest House
  • Separate Entry Quarters

Farming

  • Machine Shed
  • Packing Shed

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1742-00-36-6365

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

42.37 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2007
  • Second Living Quarters: Guest House,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities
  • Road Surface Type: Gated, Gravel
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 460.34
  • Geocode Confidence: High
  • Attribution Contact: bryan@lakejames.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Stone
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Storage
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 576
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 576
  • Sq Ft Unheated Total: 576
  • Sq Ft Upper: 255
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Washer, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 831
  • Has Basement: Bath/Stubbed, Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Living Area: 831
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake James
  • Waterfront Features: Retaining Wall, Other - See Remarks
  • Construction Type: Log, Stone Veneer, Wood
  • Other Structures: Outbuilding, Packing Shed, Shed(s), Tractor Shed, Workshop
  • Patio And Porch Features: Covered, Deck, Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: RV Access/Parking

Utilities

  • Heating: Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Security: Carbon Monoxide Detector(s), Security System
  • Cooling: Central Air
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Creek Front, Level, Pond(s), Private, Rolling Slope, Sloped, Creek/Stream, Wooded, Wetlands
  • Lot Size Units: Acres
  • Parcel Number: 1742-00-36-6365
  • ResoLotSizeUnits: Acres
  • Zoning Specification: n/a

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2024
Closed on
Oct 8, 2024
Sold by
Abernathy Marvin Joshua and Abernathy Melinda S
Bought by
Camellia Ranch Llc
Seller's Agent
Bryan Jones
Keller Williams Unified
Buyer's Agent
Bryan Jones
Keller Williams Unified
List Price
$599,000
Sold Price
$563,000
Premium/Discount to List
-$36,000
-6.01%
Views
11
Current Estimated Value
$581,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,418
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Oct 8, 2019
Sold by
Abernathy Melvin and Abernathy Brenda
Bought by
Abernathy Marvin Joshua and Abernathy Melinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,151
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Mar 1, 2004
Bought by
Abernathy Melvin and Abernathy Brenda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Camellia Ranch Llc $563,000 None Listed On Document
Camellia Ranch Llc $563,000 None Listed On Document
Abernathy Marvin Joshua $247,000 None Available
Abernathy Melvin $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abernathy Marvin Joshua $255,151
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Sold $563,000 -6.0% $677 / Sq Ft
08/11/2024 08/11/24 For Sale $599,000 -- $721 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,691 $402,780 $205,920 $196,860
2024 $2,691 $402,780 $205,920 $196,860
2023 $2,691 $402,780 $205,920 $196,860
2022 $1,679 $247,630 $85,800 $161,830
2021 $1,679 $247,630 $85,800 $161,830
2020 $1,708 $248,290 $0 $0
2019 $1,708 $218,080 $0 $0
2017 $1,419 $218,080 $0 $0
2016 $1,419 $198,640 $85,800 $112,840
2014 $1,395 $218,080 $85,800 $132,280
2013 -- $218,080 $85,800 $132,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4171340

Canopy MLS (Canopy Realtor® Association)

APN: 1742-00-36-6365

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