NOT LISTED FOR SALE

621 Trout Cove Rd Waynesville, NC 28785

Estimated Value: $560,899 - $711,000

4 Beds
3 Baths
2,500 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $470,000 $188 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,426/month

49 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Deck
  • Jonathan Valley Elementary School Rated 9+
  • Mountain View
  • Contemporary Architecture

About This Home

As of August 2021

Don't miss this excellent opportunity for a turn-key vacation rental property! 2020 gross rental proceeds exceeded $42k, and this was achieved despite COVID shutdowns. The comfortable home offers inviting entertainment spaces and private sleeping quarters for your family, friends, and guests. The main floor features an open-concept great room with fireplace, vaulted ceilings, generous master suite with slate tile shower, dedicated laundry/utility room, bedroom, full bath, hot tub, and walk-out deck to enjoy the splendid mountain views. Prepare meals in the cooks kitchen with gas range, vent hood, pot filler, wine cooler, and ample counter/prep space. Upstairs features a sunny loft, perfect for a rec space or extra sleeping quarters. Downstairs features two large bedrooms full bathroom, bonus/media room, and covered lower level deck. Convenient location near Maggie Valley, GSM Nat'l Park, I-40, and beyond. Sold fully furnished with existing future bookings for instant cash flow.

Last Agent to Sell the Property

Collin O'Berry

Keller Williams Professionals Brokerage Email: collin.oberry@gmail.com License #274582 Listed on: 05/10/2021

Keller Williams Professionals

Co-Listed By

Reese Morgani

Keller Williams Professionals Brokerage Email: collin.oberry@gmail.com License #232402

Last Buyer's Agent

Cole Simpson

EXP Realty LLC License #325691

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.85 Acre Lot
  • Steep Slope
  • Wooded Lot

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space

Parking

  • Garage
  • Basement Garage
  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Terrace

Utilities

  • Central Heating
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Mountain Springs Estates Association, Phone Number (336) 409-8679
  • The Benchmark Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 7698-88-8409

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2001
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 188.00
  • Bedroom Lower: 2
  • Attribution Contact: collin.oberry@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Tile, Laminate, Vinyl
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Cable Prewire, Hot Tub, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1560
  • 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: 220
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Above Grade Finished Sq Ft: 1780
  • Accessibility Features: Other - See Remarks
  • Has Basement: Basement, Exterior Entry, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 720
  • Fireplace Features: Gas Log, Gas Vented, Living Room
  • Living Area: 2500
  • Window Features: Skylight(s), Window Treatments
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Winter, Year Round
  • Waterfront Features: None
  • Exclusions: n/a
  • Construction Type: Concrete Block, Fiber Cement, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch, Terrace

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Central, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Utility Room, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Gas, Propane, Satellite Internet Available
  • Water Source: City, County Water

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Mountain Springs Estates
  • Phone: 336-409-8679
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: karolgray@att.net

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Steep Slope, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 7698-88-8409
  • Zoning: None
  • Plat Book Slide: A97/55
  • Plat Reference Section Pages: A97/55
  • Lot Size Acres: 0.85
  • Lot Size: 0
  • Lot Size Sq Ft: 37026
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Aug 4, 2021
Sold by
Husted Chad and Husted Apirl
Bought by
Mayman Tzviah and Mayman David
Seller's Agent
Collin O'Berry
Keller Williams Professionals
Buyer's Agent
Cole Simpson
EXP Realty LLC
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Current Estimated Value
$614,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,725
Avg. Annual Appreciation
6.55%
Original Mortgage
$423,000
Outstanding Balance
$385,211
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$229,514

Purchase Details

Listed on
Jun 6, 2016
Closed on
Sep 7, 2016
Sold by
Turner Jeannine
Bought by
Husted Chad and Husted April
Seller's Agent
Yvonne Kolomechuk
Keller Williams Great Smokies
Buyer's Agent
Reese Morgani
Keller Williams Professionals
List Price
$247,500
Sold Price
$247,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$198,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Youngwood Michael
Bought by
Turner Jennine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Youngwood Martha Weathers
Bought by
Youngwood Michale
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
Mayman Tzviah $470,000 None Available
Husted Chad $247,500 Attorney
Turner Jennine $175,000 None Available
Youngwood Michale -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayman Tzviah $423,000
Previous Owner Husted Chad $198,000
Previous Owner Turner Jennine $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $470,000 -1.1% $188 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/18/2021 05/18/21 Price Changed $475,000 -5.0% $190 / Sq Ft
05/10/2021 05/10/21 For Sale $500,000 +102.0% $200 / Sq Ft
09/12/2016 09/12/16 Sold $247,500 0.0% $99 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $247,500 -- $99 / 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 -- $287,800 $25,000 $262,800
2024 $1,955 $289,600 $25,000 $264,600
2023 $1,955 $289,600 $25,000 $264,600
2022 $1,911 $289,600 $25,000 $264,600
2021 $1,911 $289,600 $25,000 $264,600
2020 $1,707 $236,400 $25,000 $211,400
2019 $1,712 $236,400 $25,000 $211,400
2018 $1,712 $236,400 $25,000 $211,400
2017 $1,712 $236,400 $0 $0
2016 $1,182 $160,100 $0 $0
2015 $1,182 $160,100 $0 $0
2014 $1,071 $160,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3737448

Canopy MLS (Canopy Realtor® Association)

APN: 7698-88-8409