$235,000
SOLD JAN 7, 2025

5259 Nc 261 Bakersville, NC 28705

1 Bed
1 Bath
1,000 Sq Ft
7.56 Acres

Recently Sold

$235 Per Sq Ft

15% Below List Price

83 Days on Market

Highlights

  • 1 Car Detached Garage
  • Detached Carport Space
  • Washer and Dryer
  • Laundry Room
  • Asbestos

About This Home

As of January 2025

Nearly 8 beautiful and gently sloping acres! This property has been loved for years as a vacation spot, but has the potential to be the ultimate homestead or mini farm, and so much more. The setting is perfection, offering a little bit of everything including wooded acreage, pasture, and a level fenced-in area. The home is perfectly situated so that the front porch faces the lovely close range mountain view across a long stretch of farm land. Also included on the property is a spacious pole barn, carport, detached garage, and large metal building that could be used for anything from workshop to studio. Do you love the outdoors? River sports, cross country skiing, and hiking (including the Appalachian Trail) are just a quick drive away. Your new home is 10 minutes to downtown Bakersville, 25 minutes to Spruce Pine, about 45 minutes to Johnson City, TN, and an hour or so to Asheville. Properties seldom become available in this area! Come check it out!

Last Agent to Sell the Property

Hannah McCormick

Foxfire Real Estate, LLC Brokerage Email: hannah@foxfireelite.com License #332376 Listed on: 09/11/2024

Last Buyer's Agent

Cindy Casper

Mountain Adventure Realty License #194389

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Parking

  • 1 Car Detached Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Stone Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Window Unit Cooling System
  • Heating System Uses Kerosene
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0875-00-45-0849

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 235.00
  • Geocode Confidence: Medium
  • Attribution Contact: hannah@foxfireelite.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 800
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 200
  • Appliances: Electric Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1000
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1000
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Asbestos, Stone, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway, Detached Garage

Utilities

  • Heating: Kerosene, Propane
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Window Unit(s)
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 0875-00-45-0849
  • Additional Parcels Description: 0875-00-45-3582
  • ResoLotSizeUnits: Acres
  • Zoning Specification: none

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Jan 7, 2025
Sold by
Coleman Rita J and Coleman Rita
Bought by
Aymond Nathan
Seller's Agent
Hannah McCormick
Foxfire Real Estate, LLC
Buyer's Agent
Cindy Casper
Mountain Adventure Realty
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%
Views
34
Current Estimated Value
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,000
Avg. Annual Appreciation
-3.87%
Original Mortgage
$188,000
Outstanding Balance
$186,536
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$39,464
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $235,000 None Listed On Document
Warranty Deed $235,000 None Listed On Document
Warranty Deed $235,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,000 New Conventional
Closed $188,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2025 01/07/25 Sold $235,000 -14.5% $235 / Sq Ft
09/11/2024 09/11/24 For Sale $275,000 -- $275 / 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 $1,287 $201,100 $88,400 $112,700
2024 $1,267 $201,100 $88,400 $112,700
2023 $1,267 $201,100 $88,400 $112,700
2022 $1,267 $201,100 $88,400 $112,700
2021 $956 $147,000 $79,800 $67,200
2020 $956 $147,000 $79,800 $67,200
2019 $956 $147,000 $79,800 $67,200
2018 $956 $147,000 $79,800 $67,200
2017 $987 $151,900 $77,800 $74,100
2016 $911 $151,900 $77,800 $74,100
2015 $91 $151,900 $77,800 $74,100
2014 $911 $151,900 $77,800 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4182320

Canopy MLS (Canopy Realtor® Association)

APN: 0875-00-45-0849