NOT LISTED FOR SALE

65 Shambala Way Otto, NC 28763

Otto Neighborhood

Estimated Value: $291,000

3 Beds
2 Baths
1,748 Sq Ft
$166/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $265,000 $152 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,688/month

78 Days on Market

Highlights

  • Private Lot
  • Ranch Style House
  • Living Area on First Floor
  • Wooded Lot
  • Wood Flooring
  • No HOA

About This Home

As of February 2024

Nestled in the serene heart of Otto, NC, this one-level retreat offers unparalleled tranquility. Abundant natural light pours in through strategically placed skylights. The heart of the home is a thoughtfully designed living space, connecting a cozy living room, a versatile dining area, and a spacious kitchen. Two enchanting screened porches beckon, providing the perfect spot to savor your morning coffee or unwind with a book while being cradled by nature's serenity. The primary suite is a testament to comfort, featuring an indulgent jacuzzi tub and a spacious walk-in closet. Tucked away from the hustle and bustle, it provides a retreat-like atmosphere, ensuring privacy and peace. This home boasts a spacious double carport and wheel chair ramp for easy access. The property boasts close proximity to The Otto Labyrinth Park, a quiet outdoor nature center. Only a short walk from the Nantahala National Forest, this unique location makes the home a potentially lucrative short-term rental investment.

Last Agent to Sell the Property

Kristie Brennan

Vignette Realty, LLC Brokerage Phone: 8284596025 License #316453 Listed on: 10/25/2023

Last Buyer's Agent

Rashaune De La Cruz

Vignette Realty, LLC License #298991

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Cottage
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Living Area on First Floor
  • Open Floorplan
  • Screened Porch

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Shared Well
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number portion of 6489650908

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,259

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: From downtown Franklin, head south on US 441/Georgia Rd for 9 miles and turn right on Calvary Church Rd. Left on Shambala Way and then stay left.
  • Architectural Style: Ranch/Single, Traditional, Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • Structure Type: Off Frame Modular
  • Year Built: 2007
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8284596025
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Kitchen/Dining Room, Large Master Bedroom, Living/Dining Room, Main Level Living, Primary w/Ensuite, Primary on Main Level, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level Yard, Private, Unrestricted, Wooded
  • View: No
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Patio And Porch Features: Porch, Screened Porch/Deck
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Shared Well
  • Gas Company: Propane Tank: Leased

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560
  • Parcel #: portion of 6489650908
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: R-20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Feb 5, 2024
Sold by
Henry Jill N
Bought by
Burun Edward J
Seller's Agent
Kristie Brennan
Vignette Realty, LLC
Buyer's Agent
Rashaune De La Cruz
Vignette Realty, LLC
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%
Views
75
Current Estimated Value
$291,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,000

Purchase Details

Closed on
Nov 23, 1994
Sold by
Harris Edna Mae
Bought by
Henry Charles L
Source: Public Records

Range of Values:

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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
Burun Edward J $265,000 None Listed On Document
Henry Charles L $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henry Charles $175,750
Previous Owner Henry Charles L $193,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $265,000 -8.6% $152 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
11/13/2023 11/13/23 Price Changed $290,000 -3.3% $166 / Sq Ft
10/25/2023 10/25/23 For Sale $300,000 -- $172 / 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
2023 $1,259 $338,430 $75,320 $263,110
2022 $1,122 $201,700 $43,550 $158,150
2021 $1,122 $202,700 $43,550 $159,150
2020 $1,006 $202,700 $43,550 $159,150
2018 $1,015 $222,300 $54,430 $167,870
2017 $1,015 $222,300 $54,430 $167,870
2016 $1,015 $222,300 $54,430 $167,870
2015 $984 $222,300 $54,430 $167,870
2014 $880 $246,340 $74,120 $172,220
2013 -- $246,340 $74,120 $172,220
Source: Public Records

Agents Affiliated with this Home

  • Kristie Brennan

    Seller's Agent in 2024

    Kristie Brennan

    Vignette Realty, LLC

    (828) 544-1159

    20 in this area

    181 Total Sales

    Kristie Brennan
    Section Image
  • Rashaune De La Cruz

    Buyer's Agent in 2024

    Rashaune De La Cruz

    Vignette Realty, LLC

    (828) 421-7436

    15 in this area

    261 Total Sales

    Rashaune De La Cruz
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26035060

APN: 6489650908

North Carolina Macon County Otto 28763 Otto

65 Shambala Way, Otto, NC

This home is located at 65 Shambala Way, Otto, NC 28763 since 25 October 2023 and is currently priced at $291,000, approximately $166 per square foot. This property was built in 2007. 65 Shambala Way is a home located in Macon County with nearby schools including South Macon Elementary School, Mountain View Intermediate School, and Macon Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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