NOT LISTED FOR SALE

542 Allen Mountain Ln Spruce Pine, NC 28777

Estimated Value: $662,000 - $1,029,000

3 Beds
3.5 Baths
3,102 Sq Ft
$281/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $810,000 $261 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,907/month

220 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wooded Lot
  • Cranberry Middle School Rated 9+
  • Deck
  • Vaulted Ceiling

About This Home

As of February 2024

Gorgeous Log Cabin on 5 acres overlooking the North Toe River. Beautiful mountain views, 150' of river frontage, & large pond perfect for fish. Starlink Internet! Open floor plan is great for entertaining. Living room boasts vaulted ceilings & centerpiece stone fireplace can be wood or gas burning. Dining room flows into the kitchen with granite countertops, gas range, plenty of cabinets, large kitchen island & breakfast table. Loft is the perfect game room. Primary Suite has vaulted ceilings, hardwood floors, large walk in closet & a full bath, glass doors, granite countertop & tile floors. Two additional large bedrooms on the main level. Full bath with claw foot bath tub for guests. Two car garage has been converted to heated space with an additional 2 bonus rooms + another full bath. Whole house generator. Delicious spring water. Detached workshop has 2 levels. Main level is currently a wood shop & has an office plus a half bath. Lower level for storage. Offered fully furnished.

Last Agent to Sell the Property

Stephanie Johnson

Mountain Adventure Realty Brokerage Email: mtnfabulous@gmail.com License #281075 Listed on: 03/13/2023

Last Buyer's Agent

Angelia Peterson

Asheworth Group WNC Real Estate LLC License #286024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Chain Link Fence
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Cabin
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wired For Data
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Kitchen
  • Fire Pit
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Propane
  • Spring water is a source of water for the property
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Community Details

  • Green Valley Ridge Association
  • Green Valley Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 180200317663

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,660

Year Built

Built in 1996

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1996
  • Restrictions: Deed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 1
  • Restrictions Description: See Attached
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Second Living Quarters: Exterior Not Connected,Room w/ Private Bath,Separate Entrance
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 204.03
  • Geocode Confidence: Medium
  • Attribution Contact: mtnfabulous@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2808
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 868
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 294
  • Appliances: Dishwasher, Dryer, Electric Oven, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer
  • Other Equipment: Fuel Tank(s), Generator
  • Above Grade Finished Sq Ft: 3102
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Living Area: 3102
  • Bedroom Main: 3
  • Room Count: 12

Exterior Features

  • Exterior Features: Fire Pit, Outdoor Kitchen
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Chain Link, Fenced
  • View: Mountain(s), Water, Winter
  • Water Body Name: North Toe River
  • Waterfront Features: Other - See Remarks
  • Waterfront Elevation: 2500
  • Construction Type: Stone, Wood
  • Other Structures: Workshop
  • Patio And Porch Features: Awning(s), Deck, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Electric, Forced Air, Propane
  • Sewer: Septic Installed
  • Laundry Features: In Hall, Inside, Laundry Closet, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Electricity Connected, Propane, Wired Internet Available
  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Green Valley Ridge Association
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 600.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Pond(s), River Front, Rolling Slope, Wooded, Views, Waterfront
  • Lot Size Area: 5
  • Lot Size Units: Acres
  • Parcel Number: 180200317663
  • Horse Amenities: None
  • Additional Parcels Description: 180200410340
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Feb 16, 2024
Sold by
Britt Clarence Russell and Britt Natalie Nico
Bought by
Jerman Robert E and Jerman Carol D
Seller's Agent
Stephanie Johnson
Mountain Adventure Realty
Buyer's Agent
Angelia Peterson
Asheworth Group WNC Real Estate LLC
List Price
$925,000
Sold Price
$810,000
Premium/Discount to List
-$115,000
-12.43%
Views
362
Current Estimated Value
$870,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,755
Avg. Annual Appreciation
4.51%
Original Mortgage
$598,187
Outstanding Balance
$585,948
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$284,807

Purchase Details

Closed on
Mar 24, 2022
Sold by
Lee Harris and Lee Cynthia
Bought by
Britt Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,187
Interest Rate
4.42%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Jerman Robert E $810,000 None Listed On Document
Jerman Robert E $810,000 None Listed On Document
Britt Clarence $680,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerman Robert E $598,187
Closed Jerman Robert E $598,187
Previous Owner Britt Clarence $598,187
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $810,000 -7.8% $261 / Sq Ft
09/03/2023 09/03/23 Price Changed $879,000 -2.2% $283 / Sq Ft
06/02/2023 06/02/23 Price Changed $899,000 -2.8% $290 / Sq Ft
03/13/2023 03/13/23 For Sale $925,000 -- $298 / 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
2024 $2,660 $665,000 $51,900 $613,100
2023 $1,318 $329,400 $51,900 $277,500
2022 $1,318 $329,400 $51,900 $277,500
2021 $1,880 $341,800 $31,400 $310,400
2020 $1,880 $341,800 $31,400 $310,400
2019 $1,880 $341,800 $31,400 $310,400
2018 $1,880 $341,800 $31,400 $310,400
2017 $1,971 $358,300 $0 $0
2016 $1,602 $358,300 $0 $0
2015 $1,602 $358,300 $31,400 $326,900
2012 -- $415,700 $35,500 $380,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4010423

Canopy MLS (Canopy Realtor® Association)

APN: 1802-00-31-7663-00000