NOT LISTED FOR SALE

575 Vestal Cochran Rd Topton, NC 28781

Estimated Value: $756,000 - $935,000

3 Beds
2 Baths
1,413 Sq Ft
$610/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $855,000 $605 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,669/month

31 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • New Kitchen
  • Horses Allowed On Property
  • 102.29 Acre Lot
  • Private Lot

About This Home

As of May 2024

Stunning 100+ acre homestead with stream in the heart of the Nantahala Area! A wildlife enthusiasts dream with TONS of game for hunting & the trout filled Nantahala River being 5 min away. This FULLY FURNISHED cabin that has been brought back to life being fully updated and over 100 years old! Step inside this rustic cabin to find beautiful all wood interior throughout. Go back in time sitting with a book near the large wood burning fireplace to a simpler time. Custom VERY RARE wormy chestnut cabinets & granite counter tops. Soak after an adventurous day in the forest in the clawfoot tub! Multiple bedrooms & bonus rooms that can sleep ALOT of people for the Sqft. Imagine sitting on the porch enjoying the clean mountain air sipping on a coffee watching the deer & turkey walk by. Jane Otter Branch flows through the property with pasture and wooded areas with ATV & Hiking Trails throughout for your enjoyment. Awesome apple/hay barn for your tools & equipment. Mountain views throughout the property and has a 2ND septic system installed for future use or RV hookup if desired. Starlink High Speed internet works great! This one has it all if you're looking for an end of road private retre

Last Agent to Sell the Property

Robin Sargent

Olde Town Brokers, LLC (Mls Only) Brokerage Phone: 8283215516 License #262788 Listed on: 11/15/2023

Last Buyer's Agent

Robin Sargent

Olde Town Brokers, LLC (Mls Only) Brokerage Phone: 8283215516 License #262788 Listed on: 11/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1920

Lot Details

  • 102.29 Acre Lot
  • Home fronts a stream
  • Private Lot
  • Wooded Lot

Parking

  • RV Access or Parking

Home Design

  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,413 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Pine Flooring
  • Crawl Space
  • Property Views

Kitchen

  • New Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Porch

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Spring water is a source of water for the property
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 6527775244

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 102.29
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From Franklin. Take Wayah Road to a right onto Otter Creek Rd. Go 1.3 miles to a right til fork in road between Otter Mtn Rd and stay left vestal Cochran. Go till the end and turn right onto gravel rd at the gate. Home at the end of gravel. See Sign
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1920
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8283215516
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas/Propane Water Heater, Dishwasher, Microwave, Gas Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert
  • Fireplace: Yes
  • Flooring: Some Hardwoods, Pine
  • Interior Amenities: Bonus Room, Kitchen/Dining Room, New Kitchen
  • Living Area: 1413
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Third
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Allow RVs, Elevation over 3000, Elevation over 4000, Pasture, Private, Suitable for Horses, Unrestricted, Wooded
  • View: Long Range View, View Year Round
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Rustic Appearance
  • Other Structures: Barn(s), Storage Building/Shed
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None-Carport

Utilities

  • Laundry Features: Second Level
  • Cooling: Central Gas
  • Cooling Y N: Yes
  • Heating: Wood, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Spring
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4455752.4
  • Parcel #: 6527775244

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 623.02
  • Tax Book Number: A-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
May 20, 2024
Sold by
Wc Farm And Ranch Llc
Bought by
Penny Ronald W and Penny Anna
Seller's Agent
Robin Sargent
Olde Town Brokers, LLC (Mls Only)
Buyer's Agent
Robin Sargent
Olde Town Brokers, LLC (Mls Only)
List Price
$899,800
Sold Price
$855,000
Premium/Discount to List
-$44,800
-4.98%
Views
228
Current Estimated Value
$862,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,580
Avg. Annual Appreciation
0.65%
Original Mortgage
$575,000
Outstanding Balance
$440,980
Interest Rate
7.1%
Mortgage Type
Seller Take Back
Estimated Equity
$421,600
Source: Public Records

Range of Values:

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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
Penny Ronald W $855,000 None Listed On Document
Penny Ronald W $855,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penny Ronald W $575,000
Closed Penny Ronald W $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $855,000 -5.0% $605 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $899,800 -- $637 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $938 $473,770 $269,920 $203,850
2024 -- $473,770 $269,920 $203,850
2023 $457 $378,820 $269,920 $108,900
2022 $457 $321,960 $267,790 $54,170
2021 $457 $321,960 $267,790 $54,170
2020 $89 $267,790 $267,790 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26035235

APN: 6527775244