NOT LISTED FOR SALE

642 Michelle Ln Unit 4 & 5 Newland, NC 28657

Estimated Value: $452,000 - $831,000

3 Beds
4 Baths
2,690 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $465,000 $173 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,134/month

66 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Kitchen
  • Wood Burning Stove
  • Crossnore Elementary School Rated 9+
  • Deck
  • Vaulted Ceiling

About This Home

As of July 2022

This home is located at 642 Michelle Ln Unit 4 & 5, Newland, NC 28657 since 20 May 2022 and is currently estimated at $576,405, approximately $214 per square foot. This property was built in 1976. 642 Michelle Ln Unit 4 & 5 is a home located in Avery County with nearby schools including Crossnore Elementary School, Avery Middle School, and Avery County High School.

Last Agent to Sell the Property

Patricia Combs

Combs Carolina Properties Inc License #220103 Listed on: 05/20/2022

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1976

Lot Details

  • Fenced

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Laminate
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Glass Enclosed
  • Terrace
  • Outbuilding

Schools

  • Crossnore Elementary School
  • Avery County Middle School
  • Avery County High School

Utilities

  • Shared Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 183400647233

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 1976

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1976
  • Ratio Current Price By Acre: 287037.04
  • Restrictions: Architectural Review,Building,Deed,Livestock Restriction,Manufactured Home Not Allowed,Short Term Rental Allowed
  • Doors and Windows: Insulated Windows
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Slate, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1968
  • 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: 722
  • Porch: Back,Covered,Deck,Enclosed Patio,Front,Porch-Wrap Around,Side
  • Appliances: Electric Cooktop, Dishwasher, Electric Oven, Electric Dryer Hookup, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Kitchen, Wood Burning, Wood Burning Stove
  • Living Area: 2690
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Outbuilding(s), Terrace
  • New Construction: No
  • Roof: Metal
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 3500
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 4+

Utilities

  • Heating: None
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: None
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Avery County
  • HOA Subject To: Required

Lot Info

  • Lot Features: Views, Winter View
  • Lot Size Area: 1.62
  • Lot Size Units: Acres
  • Parcel Number: 183400647233
  • Plat Book Slide: 7/2
  • Additional Parcels Description: 183400646081
  • Zoning Description: None

Tax Info

  • RATIO List Price By Tax Amount: 2.05806

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Crossnore
  • High School: Avery County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 15, 2022
Sold by
Gallo Douglas E
Bought by
Destefano Teresa
Seller's Agent
Patricia Combs
Combs Carolina Properties Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$489,900
Sold Price
$465,000
Premium/Discount to List
-$24,900
-5.08%
Current Estimated Value
$576,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,405
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Jan 15, 2021
Sold by
Lidh Todd Martin and Lidh Jessica Hanson
Bought by
Gallo Douglas E
Source: Public Records

Range of Values:

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Average Value
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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
Destefano Teresa $465,000 Moffatt & Moffatt Pllc
Gallo Douglas E $660 Henson Danielle
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $465,000 -2.1% $173 / Sq Ft
06/02/2022 06/02/22 Price Changed $475,000 -3.0% $177 / Sq Ft
05/20/2022 05/20/22 For Sale $489,900 -- $182 / 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
2024 $1,170 $292,400 $25,000 $267,400
2023 $1,170 $292,400 $25,000 $267,400
2022 $1,170 $292,400 $25,000 $267,400
2021 $1,191 $216,500 $19,000 $197,500
2020 $1,191 $216,500 $19,000 $197,500
2019 $1,191 $216,500 $19,000 $197,500
2018 $1,191 $216,500 $19,000 $197,500
2017 $1,130 $205,400 $0 $0
2016 $919 $205,400 $0 $0
2015 $919 $205,400 $19,000 $186,300
2012 -- $253,200 $20,000 $233,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3865195

Canopy MLS (Canopy Realtor® Association)

APN: 1834-00-64-7233-00000