NOT LISTED FOR SALE

5099 Connestee Trail Unit L07/U44 Brevard, NC 28712

Estimated Value: $1,550,000 - $1,940,000

3 Beds
3.5 Baths
4,175 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $770,000 $184 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $9,877/month

12 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Open Floorplan
  • Fitness Center
  • Waterfront
  • 1-minute walk to Atagahi Park

About This Home

As of May 2016

Engineered, precision built home on Lake Atagahi. Exotic hardwoods thruout--vertical Grain Douglas Fir drs, Brazilian Cherry Wd floors & countertops, Burmese teak kitchen cabinets, 50 yr. Ipe' decking. Two-story, imported slate FP, massive windows thruout home. Wired for surround sound & driveway motion detectors. Six burner, gas Viking cooktop on island. Sub Zero Ref.+ all Freezer unit in immense Pantry. Butler's Pantry has ice maker, xtra cabinetry.Steam Shwr, heat lamp, skylight in Mstr BA

Last Agent to Sell the Property

Jan Newsome

Berkshire Hathaway Great Smokys-Brevard License #273537 Listed on: 03/01/2016

Berkshire Hathaway Great Smokys-Brevard

Last Buyer's Agent

Bridgette Shuler

Connestee Falls Realty License #141378

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Waterfront

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 8592-09-2061-000

Community Details

Overview

  • Connestee Falls Poa, Phone Number (828) 883-8220
  • Built by Jerry Brown
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$234 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.97614
  • Ratio Close Price By Original Li: 0.97614
  • Ratio Current Price By Acre: 669565.22
  • Ratio Current Price By Sq Ft: 184.43
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Screen Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Dryer, Generator, Ice Maker Connection, Microwave, Propane, Refrigerator, Self Cleaning Oven, Surround Sound, Wall Oven, Washer
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • H O A Management Phone: 8288838220
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Skylight(s), Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1903
  • Main Level Sq Ft: 2272
  • Total Sq Ft: 4175
  • Sq Ft Unheated Lower: 202
  • Sq Ft Unheated Total: 202

Exterior Features

  • Construction: Stone Veneer, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Water Heater, Multizone A/C, MultiZone Heat
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Lake, Playground, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2810.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Connestee Falls POA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Brevard
  • Middle School: Brevard
  • High School: Brevard

Lot Info

  • Lot Features: Waterfront, Artificial Waterfall, Lake Access, Year Round View
  • Lot Size Area: 1.150
  • Parcel Number: 8592-09-2061-000
  • Plat Reference Section Pages: 202
  • Zoning: Residential
  • Zoning Specification: PUD

Building Info

  • Builder Name: Jerry Brown

Tax Info

  • Tax Value: 768500.00
  • Tax Amount Ncm: 3962.00
  • Tax Location: Brevard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 12, 2016
Sold by
Albert Patricia B and Albert Thomas J
Bought by
Bailey James D and Bailey Nancy S
Seller's Agent
Jan Newsome
Berkshire Hathaway Great Smokys-Brevard
Buyer's Agent
Bridgette Shuler
Connestee Falls Realty
List Price
$788,825
Sold Price
$770,000
Premium/Discount to List
-$18,825
-2.39%
Current Estimated Value
$1,718,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$948,892
Avg. Annual Appreciation
8.89%
Original Mortgage
$225,000
Outstanding Balance
$178,706
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,540,186

Purchase Details

Closed on
Feb 1, 2000
Bought by
Albert Thomas J and Albert Patricia B
Source: Public Records

Range of Values:

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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
Bailey James D $770,000 None Available
Albert Thomas J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey James D $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $770,000 -2.4% $184 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $788,825 -- $189 / 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 $6,675 $1,387,080 $330,000 $1,057,080
2024 $5,453 $826,110 $250,000 $576,110
2023 $5,454 $826,110 $250,000 $576,110
2022 $5,455 $826,110 $250,000 $576,110
2021 $5,414 $826,110 $250,000 $576,110
2020 $5,306 $759,530 $0 $0
2019 $5,269 $759,530 $0 $0
2018 $4,532 $759,530 $0 $0
2017 $4,464 $725,260 $0 $0
2016 $4,194 $725,260 $0 $0
2015 -- $768,500 $250,000 $518,500
2014 -- $768,500 $250,000 $518,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3150460

Canopy MLS (Canopy Realtor® Association)

APN: 8592-09-2061-000