NOT LISTED FOR SALE

5977 Waterfalls Rd Lenoir, NC 28645

Estimated Value: $340,000 - $410,000

2 Beds
2 Baths
962 Sq Ft
$392/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $350,000 $364 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,141/month

39 Days on Market

Highlights

  • 3.28 Acre Lot
  • Vaulted Ceiling
  • No HOA
  • Mountain View
  • Furnished
  • Cottage

About This Home

As of March 2024

Welcome to your charming mountain retreat just south of Blowing Rock! This delightful 2-bedroom cottage exudes cozy mountain charm and offers easy paved access for convenience.

Step inside to discover a cozy haven adorned with pine ceilings, wood wall accents, and original hardwood floors that add warmth and character to every corner. The gas fireplace sets the perfect ambiance for chilly evenings, while the clawfoot tub beckons for a relaxing soak after a day of adventure.

Relax on the rocking chair front porch, or take in the mountain view from the freshly stained large side deck. Inside, a bonus loft space provides additional flexibility for your needs.

This turnkey property comes fully furnished with rental history, making it an excellent investment opportunity. Central HVAC ensures year-round comfort, while the unfinished basement with an additional washer/dryer offers ample storage space.

Situated on over 3.27 acres of land, this property also features a large flat fire pit area, perfect for gatherings and roasting marshmallows under the stars. With room to spare, there's even potential to build another home on the expansive grounds.

Conveniently located under a quarter-mile from Silvervale Falls - a 80 ft hidden gem waterfall, outdoor adventure is right at your doorstep. Whether you're seeking a tranquil retreat, full time escape or an income-generating rental property, this mountain cottage offers the perfect blend of comfort, charm, and potential. Don't miss your chance to make this your own mountain oasis!

Last Agent to Sell the Property

Tara Davis

Keller Williams High Country Brokerage Phone: (828) 719-5349 Listed on: 02/09/2024

Keller Williams High Country

Co-Listed By

David Davis

Keller Williams High Country Brokerage Phone: (828) 719-5349

Last Buyer's Agent

Canaan Banks

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 1945

Lot Details

  • 3.28 Acre Lot

Home Design

  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Asbestos
  • Masonry

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Propane Fireplace
  • Vinyl Clad Windows
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Schools

  • Happy Valley Elementary School
  • Hibriten High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 12 44 1 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$728

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.28
  • Road Surface Type: Paved
  • Co List Office Mls Id: 370061
  • Co List Office Phone: (828) 386-1086
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 962.0
  • Architectural Style: Cottage
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1945
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (828) 719-5349
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Skylights, Vaulted Ceiling(s)
  • Living Area: 962.0
  • Stories: 1
  • Window Features: Vinyl, Skylight(s)

Exterior Features

  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Asbestos, Masonry
  • Exterior Features: Fire Pit, Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Paved, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Basement, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Propane
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Happy Valley
  • High School: Hibriten

Lot Info

  • Parcel #: 12 44 1 10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 728.0
  • Tax Book Number: 2090/368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 12, 2024
Sold by
Thigpen Justin Storm and Thigpen April Lindsay
Bought by
Banks Byron Dennis and Banks Gwendolyn B
Seller's Agent
Tara Davis
Keller Williams High Country
Buyer's Agent
Canaan Banks
Keller Williams High Country
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
157
Current Estimated Value
$376,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,670
Avg. Annual Appreciation
3.93%
Original Mortgage
$262,500
Outstanding Balance
$258,648
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$110,475

Purchase Details

Listed on
Jul 9, 2023
Closed on
Aug 4, 2023
Sold by
Glassberg William and Glassberg Diane
Bought by
Thigpen Justin Storm and Thigpen April Lindsay
Seller's Agent
Roxanne Hale
Harper Realty
Buyer's Agent
Kelly Clyburn
Carolinas Key Realty LLC
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$262,500
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2016
Sold by
Spradley Robert David and Spradley Diane Carol
Bought by
Glassberg William and Glassberg Diane

Purchase Details

Closed on
Jan 13, 2009
Sold by
Hendricks Lilly K
Bought by
Berry Danielle Chante and Berry Jospeh Dylan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,050
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Banks Byron Dennis $350,000 None Listed On Document
Thigpen Justin Storm $350,000 None Listed On Document
Glassberg William $95,000 None Available
Berry Danielle Chante $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Byron Dennis $262,500
Previous Owner Thigpen Justin Storm $262,500
Previous Owner Glassberg William $92,000
Previous Owner Berry Danielle Chante $63,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $350,000 -4.1% $364 / Sq Ft
02/09/2024 02/09/24 For Sale $365,000 +1156.0% $379 / Sq Ft
04/08/2015 04/08/15 Sold $29,060 +9.4% $30 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $26,560 -- $28 / Sq Ft
Source: High Country 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 $728 $184,700 $47,000 $137,700
2024 $728 $92,900 $39,400 $53,500
2023 $728 $92,900 $39,400 $53,500
2022 $714 $92,900 $39,400 $53,500
2021 $697 $92,900 $39,400 $53,500
2020 $475 $61,000 $34,800 $26,200
2019 $475 $61,000 $34,800 $26,200
2018 $475 $61,000 $0 $0
2017 $475 $61,000 $0 $0
2016 $472 $61,000 $0 $0
2015 $438 $61,000 $0 $0
2014 $438 $61,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tara Davis

    Keller Williams High Country

    (828) 719-5349

    1 in this area

    72 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2024

    David Davis

    Keller Williams High Country

    (828) 719-7573

    1 in this area

    72 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    Canaan Banks

    Keller Williams High Country

    Section Image

  • L

    Seller's Agent in 2015

    Lawrence Kelley

    Kelley Realty

    (828) 496-8861

    21 in this area

    34 Total Sales

    Section Image

  • G

    Buyer's Agent in 2015

    Gwyn Kelley

    Kelley Realty

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 247850

High Country Association of REALTORS®

APN: 12-44-1-10

North Carolina Caldwell County Lenoir 28645

5977 Waterfalls Rd, Lenoir, NC

This home is located at 5977 Waterfalls Rd, Lenoir, NC 28645 since 09 February 2024 and is currently estimated at $376,670, approximately $391 per square foot. This property was built in 1945. 5977 Waterfalls Rd is a home located in Caldwell County with nearby schools including Happy Valley Elementary School and Hibriten High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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