NOT LISTED FOR SALE

574 Freemantown Rd Rutherfordton, NC 28139

Estimated Value: $66,000

6.78 Acres
$9,735 Price per Acre
295,337 Sq Ft Lot

Last Sold September 14, 2022

Last sale price $65,000

Est. 2% increase in value since last sale

Current estimated payment $414/month

251 Days on Market

About This Lot

As of September 2022

New Price! Just minutes from beautiful Lake Lure - peaceful, rural setting with 6.78 acres – perfect for basement foundation home with a circle driveway. Property is part of Ole Plantation but is exempt from HOA dues. 3 lots have been combined into one lot but HOA is willing to allow subdividing back into 3 separate lots. 3 driveways are cut to state road. Some clearing has been done with beautiful hardwoods remaining. Long range mountain views could be opened up with more clearing. Borders a small creek on the back. No mobile homes allowed. Build your dream retreat here and enjoy all the best recreation Western North Carolina has to offer!

Last Agent to Sell the Property

Sherry Reavis

RE/MAX Journey License #270194 Listed on: 01/06/2022

Last Buyer's Agent

Jamie Oxley

RE/MAX Journey License #281205

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,090

Lot Details

  • Property fronts a state road
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1650629

Community Details

Overview

  • Essential Pm Association, Phone Number (828) 484-0469
  • Ole Plantation Subdivision

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Est. Annual Taxes

$2,090

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 9587.02
  • Restrictions: Manufactured Home Not Allowed,Square Feet,Other - See Media/Remarks
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Wooded Acres: 2.78

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association Name: Essential PM
  • Phone: 828-484-0469

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: julie_gonzalez@att.net

Lot Info

  • Lot Features: Long Range View, Mountain View, Sloped, Creek/Stream, Wooded, Winter View
  • Lot Size Area: 6.78
  • Lot Size Units: Acres
  • Parcel Number: 1650629
  • Out Buildings Yn: 0
  • Plat Book Slide: 36/63
  • Plat Reference Section Pages: 36/63
  • Cleared Acres: 4.00
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.07373

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Sep 14, 2022
Sold by
Charles Lovett John and Charles Faye Rhonda
Bought by
Reddick Brett Alan and Reddick Stephnie Louise
Seller's Agent
Sherry Reavis
RE/MAX Journey
Buyer's Agent
Jamie Oxley
RE/MAX Journey
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Views
3
Current Estimated Value
$66,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000

Purchase Details

Listed on
Jan 8, 2021
Closed on
Nov 16, 2021
Sold by
Bettez Jeffrey and Bettez Cristina
Bought by
Bettez Jeffrey and Lovett John Charles
Seller's Agent
Gary Bridges
Robert Greene Real Estate, Inc
Buyer's Agent
Sherry Reavis
RE/MAX Journey
List Price
$64,500
Sold Price
$55,000
Premium/Discount to List
-$9,500
-14.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.60%

Purchase Details

Listed on
Mar 4, 2019
Closed on
May 17, 2019
Sold by
Holder French Jason S and Holder French Susan
Bought by
Bettez Cristina and Bettez Jeffrey
Seller's Agent
Ken Williams
Pinnacle Sothebys International Realty
Buyer's Agent
Gary Bridges
Robert Greene Real Estate, Inc
List Price
$36,000
Sold Price
$27,500
Premium/Discount to List
-$8,500
-23.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.81%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Reddick Brett Alan $65,000 --
Reddick Brett Alan $65,000 None Listed On Document
Bettez Jeffrey $55,000 None Listed On Document
Bettez Cristina $27,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddick Brett Alan $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $65,000 -7.0% --
07/05/2022 07/05/22 For Sale $69,900 +7.5% --
06/30/2022 06/30/22 Off Market $65,000 -- --
06/01/2022 06/01/22 Price Changed $69,900 -6.7% --
01/06/2022 01/06/22 For Sale $74,900 +36.2% --
11/18/2021 11/18/21 Sold $55,000 0.0% --
10/23/2021 10/23/21 Pending -- -- --
08/01/2021 08/01/21 Price Changed $55,000 -14.7% --
01/08/2021 01/08/21 For Sale $64,500 +134.5% --
05/17/2019 05/17/19 Sold $27,500 -23.6% --
04/07/2019 04/07/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $36,000 -- --
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 $2,090 $378,900 $64,900 $314,000
2024 $378 $65,100 $65,100 $0
2023 $473 $65,100 $65,100 $0
2022 $473 $65,100 $65,100 $0
2021 $467 $65,100 $65,100 $0
2020 $467 $65,100 $65,100 $0
2019 $467 $65,100 $65,100 $0
2018 $328 $45,400 $45,400 $0
2016 $321 $45,400 $45,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3814920

Canopy MLS (Canopy Realtor® Association)

APN: 1650629