NOT LISTED FOR SALE

566 Nathan McDaniel Dr Nebo, NC 28761

Estimated Value: $577,000 - $628,000

3 Beds
3 Baths
2,058 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $490,000 $238 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,424/month

31 Days on Market

Highlights

  • Access To Lake
  • Gated Community
  • Open Floorplan
  • Spa
  • Waterfront
  • Deck

About This Home

As of November 2024

Welcome to your idyllic retreat in a secure gated community - a charming log home that doubles as a successful Airbnb, providing both a peaceful haven and a smart investment opportunity. Step into the warmth of this rustic yet modern space, featuring an open-concept design and large windows that showcase the natural beauty surrounding you. The expansive deck and covered porch beckons you outside to enjoy mornings w/ lake views and evenings under the stars. The large back yard is open with a fire pit by the lake. Hidden Lake serves as your picturesque community lake, offering opportunities for kayaking, fishing, and hiking just a short drive away. The gated community ensures security and privacy, allowing you to fully enjoy the tranquility. 3 bed 3 full baths w/ the primary having a shower and soaker tub. Whether you seek a personal escape or a smart investment, this log home provides the best of both worlds in a coveted location. Starlink High Speed Internet now available for this area

Last Agent to Sell the Property

Eddie Colley

Keller Williams - Black Mtn. Brokerage Email: eddie@cottonwoodpropertiesnc.com License #257918 Listed on: 09/06/2024

Keller Williams - Black Mtn.

Co-Listed By

Andrea Blalock

Keller Williams Elite Realty Brokerage Email: eddie@cottonwoodpropertiesnc.com License #339324

Last Buyer's Agent

Mattie Wellmon

St. Clair Home and Land Compan License #341112

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Back Yard Fenced
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Cabin
  • Slab Foundation
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Storage
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Spa
  • Access To Lake
  • Pond
  • Deck
  • Wrap Around Porch
  • Fire Pit

Schools

  • Glenwood Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1647-00-76-8930

Community Details

Overview

  • Hidden Lake Poa, Phone Number (704) 458-7863
  • Hidden Lake Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Spa
  • Trails

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$56 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2005
  • Restrictions: Architectural Review,Deed,Livestock Restriction,Manufactured Home Not Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Special Assessment Description: n/a
  • Proposed Special Assessment Desc: n/a
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 238.10
  • Geocode Confidence: High
  • Attribution Contact: eddie@cottonwoodpropertiesnc.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Tile, Wood
  • Interior Amenities: Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 750
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 558
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1308
  • Has Basement: Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 750
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2058
  • Bedroom Main: 1
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Chain Link, Fenced, Partial
  • View: Water
  • Water Body Name: Hidden Lake
  • Waterfront Features: Boat Slip – Community, Paddlesport Launch Site - Community
  • Construction Type: Concrete Block, Log
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Circular Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Hot Tub, Lake Access, Picnic Area, Playground, Walking Trails
  • Association Fee: 675
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Hidden Lake POA
  • Phone: 704-458-7863
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 675.00

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Pond(s), Sloped, Wooded, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 1647-00-76-8930
  • Plat Book Slide: 9/18
  • Plat Reference Section Pages: 9/18
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Glenwood
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 31, 2024
Sold by
Hull Eric Dean and Hull Penny C
Bought by
Hamrick Properties Llc
Seller's Agent
Eddie Colley
Keller Williams - Black Mtn.
Buyer's Agent
Mattie Wellmon
St. Clair Home and Land Compan
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
99
Current Estimated Value
$606,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,648
Avg. Annual Appreciation
20.40%
Original Mortgage
$392,000
Outstanding Balance
$388,098
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$218,550

Purchase Details

Closed on
Mar 3, 2022
Sold by
Poteat Helms Jennifer Dawn and Da Jennifer
Bought by
Hull Eric Dean and Hull Penny C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,800
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2012
Sold by
Smith Wanda M
Bought by
Poteat Jennifer Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,623
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Wanda M

Purchase Details

Closed on
Nov 3, 2009
Sold by
Clark Elizabeth C and Clark Charles K
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hamrick Properties Llc $490,000 None Listed On Document
Hamrick Properties Llc $490,000 None Listed On Document
Hull Eric Dean $391,000 None Listed On Document
Poteat Jennifer Dawn $185,000 None Available
Smith Wanda M -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamrick Properties Llc $392,000
Closed Hamrick Properties Llc $392,000
Previous Owner Hull Eric Dean $343,800
Previous Owner Poteat Jennifer Dawn $181,623
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $490,000 -1.8% $238 / Sq Ft
09/06/2024 09/06/24 For Sale $499,000 -- $242 / 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 $2,349 $346,530 $50,000 $296,530
2024 $2,280 $346,530 $50,000 $296,530
2023 $2,280 $346,530 $50,000 $296,530
2022 $1,729 $258,900 $37,500 $221,400
2021 $1,729 $258,900 $37,500 $221,400
2020 $1,755 $258,900 $0 $0
2019 $2,259 $237,700 $0 $0
2017 $1,522 $237,700 $0 $0
2016 $1,522 $237,700 $45,000 $192,700
2014 $1,497 $237,700 $45,000 $192,700
2013 -- $237,700 $45,000 $192,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4176007

Canopy MLS (Canopy Realtor® Association)

APN: 1647-00-76-8930