NOT LISTED FOR SALE

540 Deerlake Rd Brevard, NC 28712

Estimated Value: $550,956 - $657,000

2 Beds
2 Baths
1,500 Sq Ft
$388/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $350,000 $233 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,252/month

87 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Cottage
  • Clubhouse
  • Community Pool
  • Walk-In Closet

About This Home

As of January 2021

540 Deerlake Road Brevard, NC - Lake View! Level entry! No steps into the home! This is a prime, one of a kind location in Deerlake Village. You will enjoy relaxing on your screened porch watching the water shimmer on the lake. Inside you will appreciate a very livable 2 bedroom 2 bath floor plan. It is a split bedrooom plan that offers privacy for your guests. As you approach the covered front porch you come in to a foyer with a kitchen and breakfast area to the left, living and dining straight ahead and guest room, guest bath and laundry to the right. A delightful sunroom is at the back of the house that attaches to a large master suite with walk in closet. Roof was replaced 4 years ago.. Deerlake offers a Clubhouse, Outdoor Pool, Walking Trails and Lake.

Last Agent to Sell the Property

Mary Alice Baker

Dimps Realty Co Inc. License #69568 Listed on: 08/31/2020

Co-Listed By

Ben Baker

Dimps Realty Co Inc. License #278930

Last Buyer's Agent

Paul Wilander

Looking Glass Realty License #247247

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Many Trees

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2

Home Design

  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8586-77-0604-000

Community Details

Overview

  • John Brown Association, Phone Number (828) 712-9832
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0.37 Acres

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.89767
  • Ratio Close Price By Original Li: 0.89767
  • Ratio Current Price By Acre: 925925.93
  • Ratio Current Price By Sq Ft: 233.33
  • Year Built: 1996
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Central Vacuum, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • H O A Management Phone: 828-712-9832
  • Interior Amenities: Cable Available, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1500
  • Total Sq Ft: 1500

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Sidewalk, Walking Trails
  • Association Fee: 525.00
  • Association Fee Frequency: Annually
  • HOA Management Company: John Brown
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Long Range View, Paved Frontage, Trees, Views, Water view, Year Round View
  • Parcel Number: 8586-77-0604-000
  • Zoning Specification: R1

Tax Info

  • Tax Value: 252660.00
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Jan 10, 2021
Sold by
Burrows Mark Ross and Burrows Van Denton
Bought by
Mcmahon Thomas and Mcmahon Bonnie
Seller's Agent
Mary Alice Baker
Dimps Realty Co Inc.
Buyer's Agent
Paul Wilander
Looking Glass Realty
List Price
$389,900
Sold Price
$350,000
Premium/Discount to List
-$39,900
-10.23%
Current Estimated Value
$581,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,739
Avg. Annual Appreciation
10.33%
Original Mortgage
$350,000
Outstanding Balance
$320,746
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$260,993

Purchase Details

Closed on
Sep 1, 1996
Bought by
Denton Robert Hadley and Denton Betty B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcmahon Thomas $350,000 None Available
Denton Robert Hadley $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Thomas $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $350,000 -10.2% $233 / Sq Ft
11/26/2020 11/26/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $389,900 0.0% $260 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $389,900 0.0% $260 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $389,900 -- $260 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,170 $528,560 $110,000 $418,560
2024 $1,899 $314,820 $100,000 $214,820
2023 $1,899 $314,820 $100,000 $214,820
2022 $1,899 $314,820 $100,000 $214,820
2021 $1,899 $314,820 $100,000 $214,820
2020 $1,607 $252,660 $0 $0
2019 $1,607 $252,660 $0 $0
2018 $2,580 $252,660 $0 $0
2017 $2,542 $252,660 $0 $0
2016 $2,504 $252,660 $0 $0
2015 $2,148 $266,790 $75,000 $191,790
2014 $2,148 $266,790 $75,000 $191,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3654945

Canopy MLS (Canopy Realtor® Association)

APN: 8586-77-0604-000

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