NOT LISTED FOR SALE

685 Faircrest Ln Unit 12 Penrose, NC 28766

Estimated Value: $428,000 - $550,000

2 Beds
1 Bath
1,154 Sq Ft
$415/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $255,000 $221 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,750/month

141 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Cathedral Ceiling
  • Etowah Elementary School Rated A-
  • A-Frame Home
  • Wood Flooring

About This Home

As of July 2018

Can you imagine living in this adorable A-frame log cabin either full-time or part-time? Because it is located in a secluded log home community near DuPont State Park and Pisgah National Forest, it has vacation getaway or rental possibilities. New upgrades include granite countertops in kitchen and bath, wrap-around deck with covered porch, Trane HVAC unit, soapstone gas log stove, hot tub, and professionally landscaped terrace with fire pit. The private setting invites you to relax and enjoy the beauty of the Mountains.

Last Agent to Sell the Property

Rosie Craig

Allen Tate/Beverly-Hanks Hendersonville License #252845 Listed on: 01/31/2018

Last Buyer's Agent

Randy Smith

Allen Tate/Beverly-Hanks Saluda License #292963

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.79

Parking

  • Circular Driveway

Home Design

  • A-Frame Home
  • Cabin
  • Log Siding

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Flooring

Kitchen

  • Oven
  • Kitchen Island

Outdoor Features

  • Spa
  • Terrace
  • Fire Pit

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 9971358

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: A-Frame, Cabin
  • Ratio Close Price By List Price: 0.91398
  • Ratio Close Price By Original Li: 0.77508
  • Ratio Current Price By Acre: 322784.81
  • Ratio Current Price By Sq Ft: 220.97
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Upper Level Sq Ft: 358
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 796
  • Total Sq Ft: 1154
  • Sq Ft Unheated Basement: 250
  • Sq Ft Unheated Total: 250

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Terrace, Fire pit

Garage/Parking

  • Driveway: Circular
  • Parking: Driveway, Parking Space - 4+

Utilities

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

Schools

  • Elementary School: Etowah
  • Middle School: Rugby
  • High School: West Henderson

Lot Info

  • Lot Features: Winter View
  • Lot Size Area: 0.790
  • Parcel Number: 9971358
  • Plat Book Slide: 4186
  • Zoning Specification: R3

Tax Info

  • Tax Value: 143300.00
  • Tax Location: Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Jul 20, 2018
Sold by
Bacalman Dean C
Bought by
Mcphail Paul C and Mcphail Molly Chappell
Seller's Agent
Rosie Craig
Allen Tate/Beverly-Hanks Hendersonville
Buyer's Agent
Randy Smith
Allen Tate/Beverly-Hanks Saluda
List Price
$329,000
Sold Price
$255,000
Premium/Discount to List
-$74,000
-22.49%
Current Estimated Value
$479,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,472
Avg. Annual Appreciation
9.29%
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
Mcphail Paul C $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphail Paul C $200,000
Previous Owner Bacalman Dean C $30,000
Previous Owner Bacalman Dean C $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $255,000 -8.6% $221 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $279,000 -15.2% $242 / Sq Ft
01/31/2018 01/31/18 For Sale $329,000 -- $285 / 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 $1,704 $312,100 $36,000 $276,100
2024 $1,704 $312,100 $36,000 $276,100
2023 $1,704 $312,100 $36,000 $276,100
2022 $1,718 $254,200 $66,600 $187,600
2021 $1,718 $254,200 $66,600 $187,600
2020 $1,718 $254,200 $0 $0
2019 $1,718 $254,200 $0 $0
2018 $960 $143,300 $0 $0
2017 $960 $143,300 $0 $0
2016 $960 $143,300 $0 $0
2015 -- $143,300 $0 $0
2014 -- $133,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3355940

Canopy MLS (Canopy Realtor® Association)

APN: 9971358