NOT LISTED FOR SALE

623 Painters Gap Rd Rutherfordton, NC 28139

Estimated Value: $333,000 - $356,000

4 Beds
2 Baths
1,768 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $225,000 $127 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,950/month

2 Days on Market

Highlights

  • Barn
  • Private Lot
  • Wood Flooring
  • Fruit Trees
  • Ranch Style House
  • Attic

About This Home

As of June 2020

Beautiful Mini Farm or Private Oasis to call home! This property is located on 3+ acres, within minutes of Rutherfordton for convenient shopping and take a short 20 minute drive to Chimney Rock or Lake Lure. It is only about a 50 minute drive to Asheville so if you are looking for your own farm, already equipped with a barn, storage buildings and a full DRY unfinished basement to use as your shop, this is what you've been looking for. There is a beautiful garden area that is for your outdoor enjoyment with beautiful trees and shrubbery that blooms in vibrant colors in the spring and the foliage of the trees keeps you shaded as you enjoy your outdoor time. It has an electric fence installed for a horse but would need a connector box to activate it as well as a security system installed. The buyer would be responsible for the activation of the security system activation.
This is truly a wonderful place to call home!

Last Agent to Sell the Property

Carolyn Black

Howard Hanna Beverly-Hanks Fletcher License #180577 Listed on: 05/15/2020

Last Buyer's Agent

Pat Pinkerton

RE/MAX Living License #296021

RE/MAX Living

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot
  • Fruit Trees
  • Many Trees

Home Design

  • Ranch Style House
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Farming

  • Barn
  • Machine Shed

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Oven
  • 2 Full Bathrooms
  • Laundry Chute
  • Attic

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 606010

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.99119
  • Ratio Close Price By Original Li: 0.99119
  • Ratio Current Price By Acre: 72580.65
  • Ratio Current Price By Sq Ft: 127.26
  • Year Built: 1977
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Block, Concrete
  • Upper Level Sq Ft: 728
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Doors and Windows: Screen Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Network Ready, Oven, Refrigerator, Security System, Self Cleaning Oven
  • Fireplace Description: Woodstove
  • Flooring: Carpet, Laminate Wood, Tile, Wood
  • Interior Amenities: Attic Walk-in, Cable Available, Laundry Chute
  • Laundry Location: Basement
  • Room Count: 3
  • Main Level Sq Ft: 1040
  • Total Sq Ft: 1768
  • Sq Ft Unheated Basement: 1040
  • Sq Ft Unheated Total: 1040

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Feed Barn, Satellite Internet Available, Tractor Shed, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Driveway

Utilities

  • Heating: Electric Baseboard Heat, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Security

Schools

  • Elementary School: Pinnacle
  • Middle School: RS
  • High School: RS Central

Lot Info

  • Lot Features: Fruit Trees, Level, Open Lot, Private, Sloping, Trees
  • Lot Size Area: 3.100
  • Parcel Number: 606010

Tax Info

  • Tax Value: 170400.00
  • Tax Location: Rutherfordton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 11, 2020
Sold by
Portis Tonya
Bought by
Steiner Michael Eugene and Proctor Tiffany Lynn
Seller's Agent
Carolyn Black
Howard Hanna Beverly-Hanks Fletcher
Buyer's Agent
Pat Pinkerton
RE/MAX Living
List Price
$227,000
Sold Price
$225,000
Premium/Discount to List
-$2,000
-0.88%
Current Estimated Value
$344,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,070
Avg. Annual Appreciation
8.25%
Original Mortgage
$218,250
Outstanding Balance
$193,462
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$150,608

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 5, 2018
Sold by
Teague Johnathon
Bought by
Portis Tony A
Seller's Agent
Lisa Ford
Carolina Properties
Buyer's Agent
Carolyn Black
Howard Hanna Beverly-Hanks Fletcher
List Price
$175,000
Sold Price
$168,500
Premium/Discount to List
-$6,500
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%
Original Mortgage
$165,447
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2016
Sold by
Goode Kathy
Bought by
Teague Johnathon

Purchase Details

Closed on
Aug 14, 2014
Sold by
Watkins Sheila Diane and Walker Sheila Diane
Bought by
Teague Johnathon and Goode Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,184
Interest Rate
4.4%
Mortgage Type
FHA
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
Steiner Michael Eugene $225,000 None Available
Portis Tony A $168,500 None Available
Teague Johnathon -- None Available
Teague Johnathon $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steiner Michael Eugene $218,250
Previous Owner Portis Tony A $165,447
Previous Owner Teague Johnathon $147,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $225,000 -0.9% $127 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $227,000 +34.7% $128 / Sq Ft
06/06/2018 06/06/18 Sold $168,500 -3.7% $95 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $175,000 -- $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 $1,749 $294,600 $19,200 $275,400
2024 $1,680 $294,600 $19,200 $275,400
2023 $1,393 $294,600 $19,200 $275,400
2022 $1,393 $188,500 $19,200 $169,300
2021 $1,370 $188,500 $19,200 $169,300
2020 $1,252 $170,400 $19,200 $151,200
2019 $1,244 $170,400 $19,200 $151,200
2018 $1,081 $142,900 $19,200 $123,700
2016 $1,059 $142,900 $19,200 $123,700
2013 -- $112,400 $19,200 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3621446

Canopy MLS (Canopy Realtor® Association)

APN: 606010