NOT LISTED FOR SALE

683 Posey Place Murphy, NC 28906

Estimated Value: $154,000 - $186,746

1 Bed
1.5 Baths
432 Sq Ft
$401/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $182,500 $422 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $964/month

177 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Victorian Architecture
  • Deck
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of February 2024

Ladybirds Lodge! This turn key cozy cabin is nestled in a charming hollow surrounded by mature trees and birdsong. The deck, with cozy string lights, is the location of your next get together! Sip your favorite beverage and watch the night fall with your favorite people! Enjoy sitting around your firepit or hanging out in the woods in your hammocks! Bonus camper and covered porch/parking for guests! This one bedroom cabin is simple and relaxing. Currently a successful vacation rental with an annual income of over $24K! Make this your weekend getaway and generate income while you're not there!

Last Agent to Sell the Property

Dexter Hubbard

REMAX Mountain Properties Brokerage Phone: 8288373002 License #206894 NC Listed on: 07/17/2023

REMAX Mountain Properties

Last Buyer's Agent

Dexter Hubbard

REMAX Mountain Properties Brokerage Phone: 8288373002 License #206894 NC Listed on: 07/17/2023

REMAX Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $645

Year Built

  • Built in 2001

Lot Details

  • 1.39 Acre Lot

Home Design

  • Victorian Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 432 Sq Ft Home
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Fire Pit
  • Separate Outdoor Workshop

Utilities

  • Cooling Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Earnest E. Hamilton Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 447900958523000

Home Details

Home Type

Single Family

Est. Annual Taxes

$645

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2001
  • Property Sub Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 1.39
  • Road Surface Type: Paved
  • Subdivision Name: Earnest E. Hamilton
  • Architectural Style: Victorian, See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 8288373002
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s), See Remarks
  • Living Area: 432
  • Main Level Bedrooms: 1
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Roof: Metal
  • View: Mountain(s)
  • Topography: Wooded,Rolling
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fire Pit
  • Other Structures: Workshop
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street, Driveway, Gravel

Utilities

  • Cooling: Wall Unit(s)
  • Heating: See Remarks
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Murphy

Lot Info

  • Lot Size Sq Ft: 60548.4
  • Parcel #: 447900958523000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Grimes Zachary and Grimes Victoria
Bought by
Timber Roots Llc
Current Estimated Value
$173,437

Purchase Details

Listed on
Jul 17, 2023
Closed on
Feb 9, 2024
Sold by
Turner Vicki
Bought by
Grimes Zachary and Grimes Victoria
Seller's Agent
Dexter Hubbard
REMAX Mountain Properties
Buyer's Agent
Dexter Hubbard
REMAX Mountain Properties
List Price
$229,900
Sold Price
$182,500
Premium/Discount to List
-$47,400
-20.62%
Views
376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.97%
Original Mortgage
$136,875
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2020
Sold by
Barton Diana and Chapman Buster Joe
Bought by
Turner Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2019
Closed on
Nov 7, 2019
Sold by
Fountain Moss L and Fountain Darlene
Bought by
Barton Diana
Seller's Agent
Lynda Potter
Vista Realty
Buyer's Agent
Jane Goebel
Carolina Mountain Homes
List Price
$47,500
Sold Price
$47,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.36%

Purchase Details

Closed on
Jun 1, 1993
Bought by
Fountain Moss L and Barnes Darlene
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
Timber Roots Llc -- None Listed On Document
Timber Roots Llc -- None Listed On Document
Timber Roots Llc -- None Listed On Document
Grimes Zachary $182,500 None Listed On Document
Grimes Zachary $182,500 None Listed On Document
Turner Vicki $105,000 None Available
Barton Diana $48,000 None Available
Fountain Moss L $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grimes Zachary $136,875
Previous Owner Turner Vicki $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $182,500 -12.6% $422 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
12/16/2023 12/16/23 Price Changed $208,808 -5.0% $483 / Sq Ft
11/27/2023 11/27/23 Price Changed $219,900 -2.2% $509 / Sq Ft
11/13/2023 11/13/23 Price Changed $224,900 -2.2% $521 / Sq Ft
07/17/2023 07/17/23 For Sale $229,900 +384.0% $532 / Sq Ft
11/20/2019 11/20/19 Sold $47,500 0.0% $136 / Sq Ft View Prior Sale
10/30/2019 10/30/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $47,500 -- $136 / Sq Ft
Source: Northeast Georgia Board 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 $645 $74,910 $0 $0
2024 $579 $74,910 $0 $0
2023 -- $74,910 $0 $0
2022 $0 $74,910 $0 $0
2021 $0 $74,910 $15,000 $59,910
2020 $353 $47,550 $0 $0
2019 $353 $48,400 $0 $0
2018 $353 $48,400 $0 $0
2017 $353 $48,400 $0 $0
2016 $353 $48,400 $0 $0
2015 $353 $48,400 $15,980 $32,420
2012 -- $48,400 $15,980 $32,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 326787

Northeast Georgia Board of REALTORS®

APN: 4479-00-95-8523-000