NOT LISTED FOR SALE

514 Lab Mountain Rd Clyde, NC 28721

Estimated Value: $1,275,000 - $1,397,439

3 Beds
3 Baths
5,884 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $700,000 $119 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,644/month

245 Days on Market

Highlights

  • 35.67 Acre Lot
  • Open Floorplan
  • Deck
  • Riverbend Elementary Rated A-
  • Mountain View
  • Contemporary Architecture

About This Home

As of July 2019

Mountain retreat is an extraordinary quality and value, priced $350K under recent appraisal of over $1 million, pre-inspected, and offering a one-year home warranty. Luxury home would make the perfect high-end short-term rental or Air bnb. The 35+ acres sits above 4000 feet elevation with 100-mile views west over the Smoky Mountains. Several potential home sites, hiking, horseback riding trails, and large 2-acre organic garden. Fruit trees, blueberries, and blackberries decorate the property. Custom-built home boasts hand-crafted woodwork; kitchen has cherry cabinets and Brazilian granite. Study has handcrafted judges panel wood, built-in bookcases, and a built-in desk. Relax by the stone fireplace or soak up the sun in the tiled sunroom. Marble Jacuzzi in master bathroom. Close to Waynesville, approx 45 minutes to Asheville; 2 hours to Atlanta. Come home to Lab Mountain Trail! Unbranded drone footage of this breathtaking property: https://www.youtube.com/watch?v=qWJo-wsjgD0

Last Agent to Sell the Property

Clarissa Hyatt- Zack

EXP Realty LLC Brokerage Email: maryclarissamarshall@gmail.com License #274579 Listed on: 09/18/2018

EXP Realty LLC

Last Buyer's Agent

Clarissa Hyatt- Zack

EXP Realty LLC Brokerage Email: maryclarissamarshall@gmail.com License #274579 Listed on: 09/18/2018

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 35.67 Acre Lot
  • Private Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • 4 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Walk-In Pantry
  • Built-In Double Convection Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Riverbend Elementary School
  • Waynesville Middle School
  • Tuscola High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Power Generator
  • Propane
  • Electric Water Heater
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Crops

Listing and Financial Details

  • Assessor Parcel Number 8732-95-0767

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1998
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 118.97
  • Attribution Contact: maryclarissamarshall@gmail.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry, Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4156
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 414
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 414
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Trash Compactor, Wall Oven, Washer
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 4156
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Basement, Basement Shop, Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1728
  • Fireplace Features: Great Room, Wood Burning, Other - See Remarks
  • Living Area: 5884
  • Window Features: Skylight(s)
  • Bedroom Main: 3
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Construction Type: Brick Full, Stone
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Garage, Parking Space(s)

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Crops, Private, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 8732-95-0767
  • Plat Book Slide: n/a
  • Plat Reference Section Pages: n/a
  • Lot Size Acres: 35.67
  • Lot Size: 1574840
  • Lot Size Sq Ft: 1553785
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Tax Info

  • Tax Block: n/a

MLS Schools

  • Elementary School: Riverbend
  • High School: Tuscola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Jul 2, 2019
Sold by
Buckler Michael J
Bought by
Faria Abdullah and Abdullah Javed
Seller's Agent
Clarissa Hyatt- Zack
EXP Realty LLC
Buyer's Agent
Clarissa Hyatt- Zack
EXP Realty LLC
List Price
$749,500
Sold Price
$700,000
Premium/Discount to List
-$49,500
-6.6%
Current Estimated Value
$1,281,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,978
Avg. Annual Appreciation
10.36%
Original Mortgage
$484,350
Outstanding Balance
$425,891
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$909,469

Purchase Details

Closed on
Mar 15, 2005
Sold by
Buckler Carol L
Bought by
Buckler Michael J
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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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
Faria Abdullah $700,000 None Available
Buckler Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faria Abdullah $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $700,000 -6.4% $119 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $747,500 -0.1% $127 / Sq Ft
05/07/2019 05/07/19 Price Changed $748,000 -0.1% $127 / Sq Ft
05/01/2019 05/01/19 Price Changed $748,500 -0.1% $127 / Sq Ft
03/30/2019 03/30/19 For Sale $749,500 0.0% $127 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
10/23/2018 10/23/18 Price Changed $749,500 -16.2% $127 / Sq Ft
09/18/2018 09/18/18 For Sale $894,500 -- $152 / 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 -- $1,121,200 $309,700 $811,500
2024 $73 $1,121,200 $309,700 $811,500
2023 $7,335 $1,121,200 $309,700 $811,500
2022 $5,843 $909,400 $167,300 $742,100
2021 $5,843 $909,400 $167,300 $742,100
2020 $5,105 $732,800 $167,300 $565,500
2019 $5,110 $732,800 $167,300 $565,500
2018 $5,110 $732,800 $167,300 $565,500
2017 $5,110 $732,800 $0 $0
2016 $4,864 $716,300 $0 $0
2015 $4,864 $716,300 $0 $0
2014 $4,614 $716,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3435412

Canopy MLS (Canopy Realtor® Association)

APN: 8732-95-0767