NOT LISTED FOR SALE

575 Butternut Ln Unit 10 Brevard, NC 28712

Estimated Value: $744,000 - $822,000

2 Beds
3 Baths
1,874 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $230,000 $123 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $4,678/month

433 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Private Lot
  • Community Lake
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of October 2017

Very comfortable mountain home in a private setting close to Trout Lake. Designed by an engineer who paid tremendous attention to details that make for a quality home. Vaulted and beamed ceiling in living room and dining room areas and wood burning stove with heatilator that makes for a cozy mountain setting. Spacious master bedroom. Newer heat pump. Community walking trails (28 miles), heated swimming pool, 5 lakes, tennis courts and par 3 golf course. Buyer pays one time amenity fee of $3000.

Last Listed By

Demi Loftis

Looking Glass Realty License #236047 Listed on: 05/18/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $121 Monthly HOA Fees

Home Design

  • Cabin
  • Slab Foundation

Interior Spaces

  • 3 Full Bathrooms
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Vinyl Flooring
  • Storm Doors

Listing and Financial Details

  • Assessor Parcel Number 8592-67-6363-000

Community Details

Overview

  • Cathy Nell Association, Phone Number (828) 877-6609
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92037
  • Ratio Close Price By Original Li: 0.83636
  • Ratio Current Price By Acre: 214953.27
  • Ratio Current Price By Sq Ft: 122.73
  • Special Assessment Description: $3000 1 time fee pd by buyer
  • Special Assessment Yn: Yes
  • Year Built: 1976
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Block, Slab
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • H O A Management Phone: 828-877-6609
  • Interior Amenities: Basement Shop, Built-Ins, Pantry, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 470
  • Main Level Sq Ft: 1404
  • Total Sq Ft: 1874
  • Sq Ft Unheated Basement: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Woodstove
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Lake, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 1449.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cathy Nell
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Brevard
  • Middle School: Brevard
  • High School: Brevard

Lot Info

  • Lot Dimension: 226x133x265x249
  • Lot Features: Private, Wooded
  • Lot Size Area: 1.070
  • Parcel Number: 8592-67-6363-000
  • Plat Reference Section Pages: 240
  • Zoning: Residential

Tax Info

  • Tax Value: 198540.00
  • Tax Amount Ncm: 1023.00
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Keim Elizabeth and Keim Keith
Bought by
Cole Michael B and Cole Amy
Total Days on Market
433
Current Estimated Value
$793,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$638,351
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$154,664

Purchase Details

Closed on
Feb 25, 2022
Sold by
Spence Lauren K
Bought by
Keim Elizabeth

Purchase Details

Closed on
Oct 30, 2018
Sold by
575 Butternut Llc
Bought by
Spence Lauren K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2016
Closed on
Nov 30, 2017
Sold by
Le Tuan Hoang
Bought by
575 Butternut Llc
Seller's Agent
Demi Loftis
Looking Glass Realty
Buyer's Agent
Billy Harris
Allen Tate/Beverly-Hanks Brevard South
List Price
$275,000
Sold Price
$230,000
Premium/Discount to List
-$45,000
-16.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%
Original Mortgage
$225,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 2014
Bought by
Mcclure Thomas Gadsden

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Brevard, NC

  • 33 Stonewall Trail, Brevard, NC 28712

    $658,000

    • 3 Beds
    • 3 Baths
    • 1,885 Sq Ft
    • 33 Stonewall Trail
    • Brevard, NC

    Plush! Luxurious! Well Done! Immaculate! Ample! These the first words that come to mind when you take it all in! When you really understand! The Courtyard Collection! Extremely Stylish Arts & Crafts home in highly desired GlenLaurel Preserve! Introducing... The Trillium "B"! Three Lovely Bedrooms, Three Full Bathrooms! Fully equipped kitchen with KitchenAide appliances, decorative tile

    Dan Hodges Mountain Real Estate Rocks

    Section Image
  • 218 Frazier Rd, Brevard, NC 28712

    $860,000

    • 2 Beds
    • 2 Baths
    • 2,615 Sq Ft
    • 218 Frazier Rd
    • Brevard, NC

    One of a kind home in Sherwood Forest filled with windows, skylights and open floor plan. Built on a magnificent rock outcropping on the top of a ridge on Frazier Rd. Fabulous views. 2 br/2 ba (it has a third bedroom, but perking for 2) + large living room with fp and dining area opening into a large kitchen + a gorgeous family room with gas fp, filled with surrounding windows. It opens onto a

    Diana Refsland Watershed Properties, LLC

    Section Image
  • 355 Frazier Rd, Brevard, NC 28712

    $800,000

    • 3 Beds
    • 3.5 Baths
    • 2,470 Sq Ft
    • 355 Frazier Rd
    • Brevard, NC

    Welcome to 355 Frazier Road, a 3BR/3.5BA home in the coveted Sherwood Forest community. Set on nearly an acre, this home features 10’ ceilings, an oversized garage, wood-burning fireplace with gas starter, on-demand hot water, and a whole-house generator with buried propane tank. Inside, enjoy an open layout filled with natural light, quality finishes, and an oversized tub for ultimate

    Clara Jacques BluAxis Realty

    Section Image
  • 380 Cedar Ln, Brevard, NC 28712

    $985,000

    • 3 Beds
    • 2 Baths
    • 2,122 Sq Ft
    • 380 Cedar Ln
    • Brevard, NC

    River property on 2.6 wooded acres, with no restrictions. Enjoy a wonderful main home with expansive front porch, sun room, back decks with hot tub over looking the River. A short walk leads to a gazebo with electricity, perfect for relaxing or entertaining right on the water. Add to this a Second structure with spacious workshop on the main level with 1/2 bath and upstairs a large finished

    Billy Harris Allen Tate/Beverly-Hanks Brevard South

    Section Image
  • 140 Grouse Ln, Brevard, NC 28712

    $1,000,000

    • 2 Beds
    • 3 Baths
    • 3,524 Sq Ft
    • 140 Grouse Ln
    • Brevard, NC

    Sherwood Forest Lakefront. Spacious, stylish home that enjoys a natural setting. Architect designed addition and renovations made this home a treasure that matches all your dreams. A welcoming foyer with cherry built-ins opens to generous main level spaces. Great room with fireplace, family room has new cork floors and a kitchen with warm cherry cabinets and a servery pantry. Stainless

    Sara Champion Allen Tate/Beverly-Hanks Brevard-Downtown

    Section Image
  • 397 Soquili Dr, Brevard, NC 28712

    $895,000

    • 3 Beds
    • 2 Baths
    • 1,987 Sq Ft
    • 397 Soquili Dr
    • Brevard, NC

    This is a beautiful new construction. It is 1 level living at its best. Tucked back in a park like setting, you'll love the natural surroundings. You will be greeted by a spacious covered front porch. Inside, the home has plenty of natural light. A stunning fireplace is the focal point of this open floor plan. It boasts a beautiful kitchen with high end appliances, granite, pantry, hardwood

    Al Strickland RE/MAX Land of the Waterfalls

    Section Image
  • 43 Adelv Ct Unit 18, Brevard, NC 28712

    $629,000

    • 3 Beds
    • 2 Baths
    • 1,878 Sq Ft
    • 43 Adelv Ct
    • Unit 18
    • Brevard, NC

    Tucked away on a quiet cul-de-sac, this charming Greg Bright-built retreat offers a seamless transition into your next chapter. Ideal as a low-maintenance second home or perfect retirement haven, it features a flat, circular drive and a level one-acre lot—rare in the mountains. Just minutes from the East Fork Gate, the home welcomes you with a slate-tiled front porch and double-door entry.

    Cathy Kaempfer Connestee Falls Realty

    Section Image
  • 30 Tala Ct, Brevard, NC 28712

    $649,000

    • 3 Beds
    • 2 Baths
    • 1,746 Sq Ft
    • 30 Tala Ct
    • Brevard, NC

    Welcome home to this 3 bedroom, 2 bath one level living home in scenic Connestee Falls! Natural light floods this happy home featuring beautiful hardwoods, vaulted ceilings, and tons of outdoor space for enjoying your extremely private home located on a triple lot. Primary bedroom has vaulted ceilings with double vanities and walk in closet. Split floor plan with two other bedrooms and full

    Sarah Hysong Connestee Falls Realty

    Section Image
  • 435 Soquili Dr, Brevard, NC 28712

    $895,000

    • 3 Beds
    • 2.5 Baths
    • 1,996 Sq Ft
    • 435 Soquili Dr
    • Brevard, NC

    This is a beautiful new construction. It is 1 level living at its best. Tucked back in a park like setting, you'll love the natural surroundings. You will be greeted by a spacious covered front porch. Inside, the home has plenty of natural light. A stunning fireplace is the focal point of this open floor plan. It boasts a beautiful kitchen with high end appliances, granite, pantry, stunning wood

    Billy McCoy RE/MAX Land of the Waterfalls

    Section Image

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
Cole Michael B $825,000 None Listed On Document
Keim Elizabeth -- Baucom Claytor Benton Morgan &
Spence Lauren K $110,000 None Available
575 Butternut Llc -- Austin Title Llc
Mcclure Thomas Gadsden -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Michael B $640,000
Previous Owner Spence Lauren K $99,000
Previous Owner 575 Butternut Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $230,000 -16.4% $123 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
05/18/2016 05/18/16 For Sale $275,000 -- $147 / 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 $1,663 $252,620 $50,000 $202,620
2023 $1,663 $252,620 $50,000 $202,620
2022 $1,663 $252,620 $50,000 $202,620
2021 $1,650 $252,620 $50,000 $202,620
2020 $1,627 $233,780 $0 $0
2019 $1,615 $233,780 $0 $0
2018 $1,138 $191,470 $0 $0
2017 $1,125 $191,470 $0 $0
2016 $1,107 $191,470 $0 $0
2015 $886 $198,540 $50,000 $148,540
2014 $886 $198,540 $50,000 $148,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3178357

Canopy MLS (Canopy Realtor® Association)

APN: 8592-67-6363-000