NOT LISTED FOR SALE

702 Cinnamon Way Flat Rock, NC 28731

Estimated Value: $350,231 - $380,000

3 Beds
2 Baths
1,657 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $235,000 $142 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,939/month

3 Days on Market

Highlights

  • Ranch Style House
  • Walk-In Closet
  • Gas Log Fireplace
  • Attached Garage
  • Tile Flooring

About This Home

As of June 2020

This freshly painted, move-in ready home is located in the popular Cinnamon Woods Community. The home features a spacious living and dining area, a large eat-in kitchen, three bedrooms and 2 full bathrooms. The house has a gas fireplace, in the living room, new laminate flooring through out and lots of closet space, plus a work area in both the garage and the lower level spacious crawl space.
Enjoy convenient access to Flat Rock, Hendersonville and I 26.

Last Agent to Sell the Property

Pat Cleary

Keller Williams Mtn Partners, LLC License #246922 Listed on: 05/15/2020

Keller Williams Mtn Partners, LLC

Last Buyer's Agent

Ed Frisbee

Frisbee Real Estate LLC License #292658

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 0.37

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Workshop in Garage

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9944395

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0.37 Acres

HOA Fees

$23 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02620
  • Ratio Close Price By Original Li: 1.02620
  • Ratio Current Price By Acre: 635135.14
  • Ratio Current Price By Sq Ft: 141.82
  • Year Built: 1997
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
  • Fireplace Description: Gas Logs, Propane
  • Fireplace: Yes
  • Fixture Exception Description: Washer & Dryer
  • Fixture Exception Yn: Yes
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Garage Shop, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1657
  • Total Sq Ft: 1657
  • Sq Ft Unheated Basement: 1657
  • Sq Ft Unheated Total: 1657

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 273.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 9944395
  • Zoning Specification: R1

Tax Info

  • Tax Value: 184400.00
  • Tax Location: Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 26, 2020
Sold by
Magdon John L and Magdon Linda D
Bought by
Herrington John Allen and Herrington Joan
Seller's Agent
Pat Cleary
Keller Williams Mtn Partners, LLC
Buyer's Agent
Ed Frisbee
Frisbee Real Estate LLC
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Current Estimated Value
$360,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,058
Avg. Annual Appreciation
7.84%
Original Mortgage
$223,250
Outstanding Balance
$198,331
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$161,727
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herrington John Allen $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrington John Allen $223,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $235,000 +2.6% $142 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $229,000 -- $138 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $808 $288,000 $63,600 $224,400
2024 $8 $288,000 $63,600 $224,400
2023 $808 $288,000 $63,600 $224,400
2022 $643 $186,000 $35,000 $151,000
2021 $643 $184,400 $35,000 $149,400
2020 $1,274 $184,400 $0 $0
2019 $1,274 $184,400 $0 $0
2018 $1,228 $179,300 $0 $0
2017 $1,228 $179,300 $0 $0
2016 $1,228 $179,300 $0 $0
2015 -- $179,300 $0 $0
2014 -- $171,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3604652

Canopy MLS (Canopy Realtor® Association)

APN: 9944395

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