NOT LISTED FOR SALE

521 Hannah Cove Rd Canton, NC 28716

Estimated Value: $328,000

52 Acres
$6,308 Price per Acre
2,265,120 Sq Ft Lot

Last Sold March 12, 2024

Last sale price $500,000

Est. 34% decrease in value since last sale

Current estimated payment $1,859/month

8 Days on Market

Highlights

  • Mountain View
  • Private Lot
  • Pasture
  • Hilly Lot
  • Wooded Lot
  • Shed

About This Lot

As of March 2024

Unique opportunity to own +/-52 acres of unrestricted land. Located 20 minutes from Asheville and minutes from I-40 yet nestled in a charming country setting. This property can be subdivided and/or developed or used to build a private estate and use the land for your own recreational enjoyment. There are three drilled wells on the property and two recorded roads. The land features old roadbeds/ trails throughout making it perfect for ATVs, mountain biking, hiking, foraging - the list goes on. There is approx. 1200’ of county-maintained road frontage with a good flowing creek running part of the way, as well. Venturing up to the knoll featuring beautiful 180-degree long-range views, you will cross over gently rolling pastureland that opens up into big open timber. There are numerous build sites all over the property that offer amazing long-range views! This property holds an abundance of wildlife.

Last Agent to Sell the Property

Dallas Ducote

RE/MAX Results Brokerage Email: dallasducote@kw.com License #299370 Listed on: 01/04/2024

RE/MAX Results

Last Buyer's Agent

Alex Smith

Howard Hanna Beverly-Hanks Waynesville License #322313

Howard Hanna Beverly-Hanks Waynesville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,670

Lot Details

  • Partially Fenced Property
  • Private Lot
  • Paved or Partially Paved Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Cleared Lot
  • Wooded Lot
  • Possible uses of the property include Cattle, Dairy, Farm, Gardening, Horses, Multi-Family, Orchard, Pasture/Grazing, Poultry, Private Estate, Recreational, Residential, Subdevelopment
  • Property is zoned R-15

Schools

  • Meadowbrook Elementary School
  • Canton Middle School
  • Pisgah High School

Utilities

  • Underground Utilities
  • Septic Needed

Additional Features

  • Mountain Views
  • Shed
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 8655-99-8230

Property Details

Property Type

Land

Est. Annual Taxes

$1,670

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Allowed,Modular Allowed,No Restrictions,Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: dallasducote@kw.com
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Cattle, Dairy, Farm, Gardening, Horses, Multi-Family, Orchard, Pasture/Grazing, Poultry, Private Estate, Recreational, Residential, Subdevelopment

Exterior Features

  • Exterior Features: Fence
  • Road Frontage: 1200
  • Fencing: Partial
  • View: Long Range, Mountain(s), Winter, Year Round
  • Waterfront Features: None
  • Waterfront Elevation: 2500
  • Other Structures: Manufactured Home(s), Shed(s)

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Phone Connected, Underground Power Lines, Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Hilly, Open Lot, Pasture, Paved, Private, Rolling Slope, Sloped, Wooded, Views
  • Lot Size Area: 52
  • Lot Size Units: Acres
  • Parcel Number: 8655-99-8230
  • Zoning: R-15
  • Can Be Subdivided: 1
  • Cleared Acres: 30.00
  • Wooded Area: 20
  • Additional Parcels Description: 8655-98-5822
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-15

MLS Schools

  • Elementary School: Meadowbrook
  • High School: Pisgah

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 7, 2024
Sold by
51 Acres Gp
Bought by
Wheeler Jeffrey Alan and Wheeler Teresa Henry
Seller's Agent
Dallas Ducote
RE/MAX Results
Buyer's Agent
Alex Smith
Howard Hanna Beverly-Hanks Waynesville
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
19
Current Estimated Value
$328,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,000
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
Wheeler Jeffrey Alan $500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $500,000 -4.8% --
01/04/2024 01/04/24 For Sale $525,000 -- --
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
2024 $1,670 $258,900 $258,900 $0
2023 $1,644 $258,900 $258,900 $0
2022 $1,605 $258,900 $258,900 $0
2021 $1,605 $258,900 $258,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4097210

Canopy MLS (Canopy Realtor® Association)

APN: 8655-99-8230