NOT LISTED FOR SALE

61 Old Hughes Gap Rd Bakersville, NC 28705

Estimated Value: $110,000 - $193,000

3 Beds
1 Bath
876 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $119,995 $137 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $866/month

42 Days on Market

Highlights

  • Wooded Lot
  • Farmhouse Style Home
  • Storm Windows
  • Wood Flooring
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of December 2022

3 bedroom, 1 bath country farmhouse sitting on 5.25 acres. Large cleared lot beside the home perfect for a garden, Christmas tree farm or a tiny home. Easily accessible by a public maintained paved road. Low property taxes. Fantastic mountain view. Two outside buildings. Sit on your covered front porch and enjoy the mountain breeze at 2900 feet elevation. Original oak and pine floors in two of the bedrooms. Original beadboard and knotty pine. Old barns on the property would be great for barnwood renovations. Beautiful rock formations on the property. The extra lot has it's own driveway. Great location right off of Hwy 226- 25 minutes to Erwin, TN, 15 minutes to Bakersville, NC and 30 minutes to Spruce Pine, NC. Ceilings in the home are below 7 feet so therefore, will not qualify for VA, FHA or USDA financing. This is a fixer-upper but it has good bones. Being sold "AS IS." Seller will make no repairs. Easy to show. Please book thru Showingtime.

Last Agent to Sell the Property

Natalie Gideon

RE/MAX RESULTS License #265697 Listed on: 10/27/2022

RE/MAX RESULTS

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1938

Lot Details

  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as 511

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 876 Sq Ft Home
  • Crawl Space
  • Storm Windows
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Buladean Elementary School
  • Bowman Middle School
  • Mitchell High School

Utilities

  • Heating System Uses Oil
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0857-00-86-5991

Home Details

Home Type

Single Family

Est. Annual Taxes

$635

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1938
  • Ratio Current Price By Acre: 22856.19
  • Restrictions: No Restrictions
  • Doors and Windows: Storm Window(s)
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 136.98
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Concrete, Laminate, Linoleum, Wood
  • Interior Amenities: Cable Available
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 876
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 876
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Outbuilding(s), Shed(s), Wired Internet Available
  • New Construction: No
  • Roof: Composition, Metal
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Oil
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Middle Or Junior School: Bowman
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level, Mountain View, Paved, Wooded, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 0857-00-86-5991
  • Plat Reference Section Pages: 830
  • Zoning Description: 511
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.20963

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Buladean
  • High School: Mitchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 9, 2022
Sold by
Street Barbara Garland and Street Randy Everette
Bought by
Moak Justin
Seller's Agent
Natalie Gideon
RE/MAX RESULTS
Buyer's Agent
Non Member
Canopy Administration
List Price
$119,995
Sold Price
$119,995
Views
58
Current Estimated Value
$155,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,454
Avg. Annual Appreciation
9.37%
Original Mortgage
$108,000
Outstanding Balance
$99,464
Interest Rate
7.08%
Mortgage Type
Seller Take Back
Estimated Equity
$55,985
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
Moak Justin $120,000 --
Moak Justin $120,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moak Justin $108,000
Closed Moak Justin $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $119,995 0.0% $137 / Sq Ft
10/27/2022 10/27/22 For Sale $119,995 -- $137 / 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 $635 $99,200 $57,000 $42,200
2024 $625 $99,200 $57,000 $42,200
2023 $625 $99,200 $57,000 $42,200
2022 $625 $99,200 $57,000 $42,200
2021 $408 $62,700 $52,000 $10,700
2020 $408 $62,700 $52,000 $10,700
2019 $408 $62,700 $52,000 $10,700
2018 $408 $62,700 $52,000 $10,700
2017 $404 $62,200 $52,000 $10,200
2016 $373 $62,200 $52,000 $10,200
2015 $37 $62,200 $52,000 $10,200
2014 $373 $62,200 $52,000 $10,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3918304

Canopy MLS (Canopy Realtor® Association)

APN: 0857-00-86-5991