NOT LISTED FOR SALE

62 Molasses Way Waynesville, NC 28785

Estimated Value: $369,000 - $492,000

2 Beds
3 Baths
1,618 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $350,000 $216 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,362/month

26 Days on Market

Highlights

  • River Front
  • RV Access or Parking
  • Deck
  • Jonathan Valley Elementary School Rated 9+
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2022

Completely remodeled in 2018, this farmhouse is simply beautiful and ready to move in. Pull right up to the front door and step inside to enjoy the large, open floorplan, 2018 stainless appliances, granite counters, breakfast bar, hardwood floors, new lighting throughout, woodburning, stone hearth fireplace in the great room, opening out to the 24ft covered deck overlooking the rushing stream. The primary bedroom and ensuite double vanity bath are also on the main floor, along with a full bath for the guests. Moving downstairs you'll find the 2nd bedroom space with a full bath, spare room to use as bed/office/family room, and the laundry area, with another deck on this level to enjoy the stream. Moving outside, there is a fenced area and livestock shed where the goats and chickens used to live, and the 20x24 HEATED garage with a wood stove. **Carolina Mountain Cable for high speed internet and TV.

Last Agent to Sell the Property

Jaci Reynolds

Re/Max Executive (Mls Only) Brokerage Phone: 8285649393 License #285440 Listed on: 05/03/2022

Re/Max Executive (Mls Only)

Last Buyer's Agent

Board Member Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 1974

Lot Details

  • 1.26 Acre Lot
  • Home fronts a stream
  • River Front

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Home Design

  • Metal Roof
  • Wood Siding
  • Block And Beam Construction

Interior Spaces

  • 1,618 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Area on First Floor
  • Bonus Room
  • Workshop
  • Water Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub Includes Tile Surround

Finished Basement

  • Partial Basement
  • Bedroom in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Space Heater
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Mini Split Heat Pump
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sugar Cove Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7698872365

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,543

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.26
  • Road Frontage Type: Community
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: Sugar Cove Estates
  • Directions: From Beantown Rd, turn onto Red Maple, then left onto Hanks Rd, then Right onto Molasses Way. Property starts at this corner, 1st house on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1974
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8285649393
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Electric Oven/Range
  • Has Basement: Partial, Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bonus Room, Open Floorplan, Workshop, Breakfast Bar, Ceramic Tile Bath, Kitchen Island, Main Level Living, Primary w/Ensuite, Primary on Main Level
  • Living Area: 1618
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Basement
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Allow RVs
  • View: Water, Short Range View
  • View: Yes
  • Waterfront Features: River Front, Stream/Creek
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Block, Wood Siding
  • Patio And Porch Features: Porch, Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Detached

Utilities

  • Cooling: Heat Pump, Ductless
  • Cooling Y N: Yes
  • Heating: Wood, Mini-Split, Electric, Propane, Baseboard, Space Heater/Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Private
  • Gas Company: Propane Tank: Owned

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 54885.6
  • Parcel #: 7698872365
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1543.24
  • Tax Book Number: 993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jul 5, 2022
Sold by
Meyers Steven C and Meyers Makenzie P
Bought by
Mcdougall Daniel Grant and Macdougall Sara Elise
Seller's Agent
Jaci Reynolds
Re/Max Executive (Mls Only)
Buyer's Agent
Board Member Non
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$424,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,134
Avg. Annual Appreciation
5.96%
Original Mortgage
$332,500
Outstanding Balance
$316,716
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$107,418

Purchase Details

Listed on
Nov 11, 2019
Closed on
Mar 23, 2020
Sold by
Carolina Mountain Builders Inc
Bought by
Myers Steven C and Myers Makenzie P
Seller's Agent
Brent Wightman
Carolina Mountain Property, Inc.
Buyer's Agent
Brent Wightman
Carolina Mountain Property, Inc.
List Price
$234,900
Sold Price
$229,900
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.24%
Original Mortgage
$229,900
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2019
Closed on
Mar 17, 2019
Sold by
Sobota John F and Sobota Vicki
Bought by
Carolina Mountain Builders Inc
Seller's Agent
Norene Langford
RE/MAX Executive
Buyer's Agent
Brent Wightman
Carolina Mountain Property, Inc.
List Price
$84,900
Sold Price
$62,000
Premium/Discount to List
-$22,900
-26.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
266.03%

Purchase Details

Closed on
Apr 7, 2018
Sold by
Devos Christine E and Devos John
Bought by
Sobota John F
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
Mcdougall Daniel Grant $350,000 Chicago Title
Myers Steven C $230,000 None Available
Carolina Mountain Builders Inc $62,500 None Available
Sobota John F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdougall Daniel Grant $332,500
Previous Owner Myers Steven C $229,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2022 07/05/22 Sold $350,000 0.0% $216 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $350,000 +52.2% $216 / Sq Ft
03/23/2020 03/23/20 Sold $229,900 -2.1% $143 / Sq Ft View Prior Sale
02/05/2020 02/05/20 For Sale $234,900 0.0% $146 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/12/2020 01/12/20 Pending -- -- --
12/08/2019 12/08/19 Price Changed $234,900 -6.0% $146 / Sq Ft
11/11/2019 11/11/19 For Sale $249,900 +303.1% $155 / Sq Ft
03/21/2019 03/21/19 Sold $62,000 -27.0% $60 / Sq Ft View Prior Sale
02/28/2019 02/28/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $84,900 -- $82 / 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 -- $229,000 $28,400 $200,600
2024 $1,575 $228,400 $28,400 $200,000
2023 $1,575 $228,400 $28,400 $200,000
2022 $1,543 $228,800 $28,800 $200,000
2021 $1,543 $228,800 $28,800 $200,000
2020 $1,134 $148,800 $19,200 $129,600
2019 $1,139 $148,800 $19,200 $129,600
2018 $1,139 $148,800 $19,200 $129,600
2017 $1,139 $148,800 $0 $0
2016 $1,118 $150,000 $0 $0
2015 $1,118 $150,000 $0 $0
2014 $1,009 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26025091

APN: 7698-87-2365