5566 Double Island Rd Green Mountain, NC 28740
Estimated Value: $166,000 - $308,000
2
Beds
1
Bath
878
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- Wooded Lot
- No HOA
- 1-Story Property
- Farmhouse Style Home
- Laundry Room
- Forced Air Heating System
About This Home
As of May 2023A Lifetime of Memories made in this 1 Family Owned Home on 11.816 Acres made it difficult for family to sell! Now it needs to be brought back to life for Your Family! Whether looking for that beginner's home or rental income, this Fixer Upper 6 room house w/bath has some hardwood floors, oil furnace, plus full basement and has good bones and worth your time to invest. Exterior is wood lap siding, block foundation/basement, hardwood floors in majority of home, drywall & paneling, shingle roof, well/septic installed (no records) and single pane windows/some storms. It's been vacant for years, but family now willing to sell! Selling "As Is" since Owners not lived there since youth. Approx. 10+ acres is wooded, sloping to steep and fronts on state paved road for easy access. Good investment opportunity for the Handyman or someone willing to invest sweat equity and make a profit. Not many properties for sale in this price range. You should take a look NOW!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $943
Year Built
- Built in 1941
Lot Details
- 11.82 Acre Lot
- Paved or Partially Paved Lot
- Steep Slope
- Wooded Lot
Home Design
- Farmhouse Style Home
- Wood Siding
Interior Spaces
- 1-Story Property
- Basement
- Interior and Exterior Basement Entry
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Schools
- Micaville Elementary School
- East Yancey Middle School
- Mountain Heritage High School
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 085100196131000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2023
Closed on
May 22, 2023
Sold by
Curtis Shirley T and Curtis James F
Bought by
May Bradley S and May Erica R
Seller's Agent
Wanda Proffitt
Carolina Mountain Realty, Inc.
Buyer's Agent
Wanda Proffitt
Carolina Mountain Realty, Inc.
List Price
$189,000
Sold Price
$165,500
Premium/Discount to List
-$23,500
-12.43%
Total Days on Market
72
Views
404
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,443
Avg. Annual Appreciation
12.85%
Original Mortgage
$190,594
Outstanding Balance
$186,806
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$23,957
Purchase Details
Closed on
Jan 12, 2023
Sold by
Ray Rebecca Ann Thomas and Ray Shirley Thomas
Bought by
Thomas Mark E and Thomas Rhonda D
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Similar Homes in Green Mountain, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| May Bradley S | $165,500 | None Listed On Document | |
| Thomas Mark E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | May Bradley S | $190,594 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2023 05/30/23 | Sold | $165,500 | -12.4% | $188 / Sq Ft |
| 01/26/2023 01/26/23 | For Sale | $189,000 | -- | $215 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $943 | $162,500 | $152,100 | $10,400 |
| 2023 | $747 | $113,150 | $85,000 | $28,150 |
| 2022 | $732 | $113,150 | $85,000 | $28,150 |
| 2021 | $747 | $113,150 | $85,000 | $28,150 |
| 2020 | $747 | $113,150 | $85,000 | $28,150 |
| 2019 | $747 | $113,150 | $85,000 | $28,150 |
| 2018 | $747 | $113,150 | $85,000 | $28,150 |
| 2017 | $747 | $113,150 | $85,000 | $28,150 |
| 2016 | $747 | $113,150 | $85,000 | $28,150 |
| 2015 | $513 | $91,650 | $62,400 | $29,250 |
| 2014 | -- | $91,650 | $62,400 | $29,250 |
Source: Public Records
Agents Affiliated with this Home
-
Wanda Proffitt
Seller's Agent in 2023
Wanda Proffitt
Carolina Mountain Realty, Inc.
(828) 284-0234
100 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3937758
APN: 085100196131.000
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