NOT LISTED FOR SALE

516 Coweeta Lake Cir Otto, NC 28763

Otto Neighborhood

Estimated Value: $222,774 - $319,000

2 Beds
1.5 Baths
936 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 24, 2012

Last sale price $110,000 $118 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,443/month

240 Days on Market

Highlights

  • Barn
  • Deck
  • Main Floor Primary Bedroom
  • Open Floorplan
  • Wood Flooring
  • No HOA

About This Home

As of April 2012

Dropped $12,500! Beautiful setting on Coweeta Creek. When you see the parklike backyard & that beautiful creek...you'll know you've found a slice of heaven. Across the creek is the path the deer use every evening to visit you. The cabin has hardwood floors, open Floor Plan and fully furnished. The current owners added a 1/2 bath off the Master Bedroom, Hardwoods in the Dining Area, fresh paint, updated lighting, storage room off carport, custom window treatments. Level Yard, nice area.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $375

Year Built

  • Built in 1972

Lot Details

  • 0.32

Home Design

  • Cottage
  • Cabin
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Window Screens
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Washer

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • Shared Septic
  • Satellite Dish

Additional Features

  • 0.32 Acre Lot
  • Barn

Community Details

  • No Home Owners Association
  • Coweeta Lands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6581506751

Home Details

Home Type

Single Family

Est. Annual Taxes

$375

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Coweeta Lands
  • Directions: 441 South 4 miles, turn right on Coweeta Church Road. Go 1.7 miles, turn left on first Coweeta Lake Circle. Follow around to 516 on left.
  • Architectural Style: Cottage, Cabin
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1972
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285240100
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Open Floorplan, Living/Dining Room, Pantry
  • Living Area: 936
  • Main Level Bathrooms: 2
  • Window Features: Screens, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 141.25
  • Room Living Room Area: 228.75
  • Room Kitchen Area: 96.25
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13.5
  • Room Master Bedroom Area: 162
  • Room Dining Room Area: 81.911

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Storage Building/Shed, Outbuilding/Workshop, Barn(s)
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached

Utilities

  • Laundry Features: First Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Shared Septic, Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Parcel #: 6581506751
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 375.19
  • Tax Book Number: $-33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2011
Closed on
Apr 20, 2012
Sold by
Carvell Bruce
Bought by
Moniteith Scott E
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$254,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,694
Avg. Annual Appreciation
7.35%
Original Mortgage
$110,000
Outstanding Balance
$77,941
Interest Rate
4.01%
Mortgage Type
VA
Estimated Equity
$205,141

Purchase Details

Closed on
Apr 30, 2010
Sold by
Fernandez Mary Ann
Bought by
Carvell Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2008
Sold by
Veeneuille Kennith H and Veeneuille Wanda C
Bought by
Fernandez Amry Ann

Purchase Details

Closed on
Jul 24, 2007
Sold by
Verneuille Michael P and Verneuille Deborah A
Bought by
Verneuille Kenneth H and Verneuille Wanda C
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
Moniteith Scott E $110,000 None Available
Carvell Bruce $80,000 --
Fernandez Amry Ann $125,000 None Available
Verneuille Kenneth H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monteith Scott E $110,000
Previous Owner Kartsonis Athan P $218,000
Previous Owner Carvell Bruce $64,000
Closed Moniteith Scott E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2012 04/24/12 Sold $110,000 0.0% $118 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
07/28/2011 07/28/11 For Sale $110,000 -- $118 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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
2024 $657 $162,050 $28,560 $133,490
2023 $673 $157,600 $28,560 $129,040
2022 $673 $113,040 $20,450 $92,590
2021 $673 $113,040 $20,450 $92,590
2020 $609 $113,040 $20,450 $92,590
2018 $544 $108,490 $15,670 $92,820
2017 $0 $108,490 $15,670 $92,820
2016 $544 $108,490 $15,670 $92,820
2015 $517 $108,490 $15,670 $92,820
2014 $420 $106,140 $25,570 $80,570
2013 -- $106,140 $25,570 $80,570
Source: Public Records

Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 49206

APN: 6581506751

North Carolina Macon County Otto 28763 Otto

516 Coweeta Lake Cir, Otto, NC

This home is located at 516 Coweeta Lake Cir, Otto, NC 28763 since 28 July 2011 and is currently estimated at $254,694, approximately $272 per square foot. This property was built in 1972. 516 Coweeta Lake Cir is a home located in Macon County with nearby schools including South Macon Elementary School, Mountain View Intermediate School, and Macon Middle School.

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