NOT LISTED FOR SALE

76 Shady Ln Otto, NC 28763

Otto Neighborhood

Estimated Value: $341,059 - $398,000

2 Beds
2 Baths
1,165 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $285,000 $245 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,889/month

5 Days on Market

Highlights

  • River Front
  • Open Floorplan
  • Deck
  • 2.98 Acre Lot
  • Chalet
  • Private Lot

About This Home

As of December 2022

Looking for a charming riverfront home, this is it! Lovely 2 bedroom 2 full bath cottage located on 2.98 acres with approx 400ft of Little Tennessee River frontage. Upon pulling up, you can step directly onto the spacious, 1000Sq Ft +/- fully wrapping deck. Once inside you're welcomed with tall wood vaulted ceilings and cozy beams. The open-floor plan concept and easy deck access is great for entertaining. The kitchen offers ample counter space and lots of storage with a side pantry. The main level also has an open dining/living room, a bedroom, and full bath. Upstairs you'll find the 2nd bedroom, 2nd full bath, 3 closets and laundry. 2-Car detached carport at deck level as well as a second 2-car carport in the open basement. Metal roof and wood siding for easy maintenance and mountain charm. The workshop/Utility room is also in this lower basement area. The level yard goes all the way to the river's edge and its a very easy flowing section, great for tubing! Less than 3 minutes to 441S with easy access to Franklin, NC or Clayton, GA.

Last Agent to Sell the Property

Becky Ramey

Re/Max Elite Realty Brokerage Phone: 8283494600 License #244928 Listed on: 10/27/2022

Re/Max Elite Realty

Last Buyer's Agent

Jessica Mason

Durpo Realty Associates License #284086

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 2000

Lot Details

  • 2.98 Acre Lot
  • Home fronts a stream
  • River Front
  • Private Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Home Design

  • Chalet
  • Cottage
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,165 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Doors
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Workshop

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • 4 Carport Spaces

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Location

  • In Flood Plain

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rivers Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6488893551

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 2.98
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Subdivision Name: Rivers Edge
  • Directions: From Franklin: 441S to LEFT 2nd Tryphosa Road (after Mulberry Rd) - then take first RIGHT onto Shady Lane and continue to #76 at sign
  • Architectural Style: Chalet, Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 2000
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Oven/Range, Dishwasher, Refrigerator, Microwave
  • Has Basement: Partial, Workshop, Exterior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Doors-Insulated
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Laminate
  • Interior Amenities: Living/Dining Room, Open Floorplan, Breakfast Bar, Pantry, Cathedral/Vaulted Ceiling, Kitchen/FR Combo, Primary on Main Level, Ceiling Fan(s)
  • Living Area: 1165
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 239.904
  • Room Living Room Area: 200.8125
  • Room Kitchen Area: 109.8
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 10.5
  • Room Master Bedroom Area: 132.3
  • Room Dining Room Area: 94.546

Exterior Features

  • Lot Features: Open Lot, Private, Level, Level Yard, Flood Plain
  • View: No
  • Waterfront Features: River Front, Stream/Creek
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Storage Building/Shed, Outbuilding/Workshop
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Carport-Double Attached, Carport-Double Detached

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric, Propane, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cell Service Available
  • Water Source: Well, Private
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 129808.8
  • Parcel #: 6488893551

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1029.65
  • Tax Book Number: W-33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 1, 2022
Sold by
Whg Phinizy Revocable Trust
Bought by
Mosteller Kelly M and Mosteller Todd B
Seller's Agent
Becky Ramey
Re/Max Elite Realty
Buyer's Agent
Jessica Mason
Durpo Realty Associates
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%
Current Estimated Value
$346,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,274
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
May 20, 2010
Sold by
Williams Debra S and Phinizy Whg
Bought by
The Whg Phinizy Revocable Trust and The Debra S Williams Revocable Trust
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
Mosteller Kelly M $285,000 --
The Whg Phinizy Revocable Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $285,000 -1.7% $245 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $289,900 -- $249 / 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
2025 $1,090 $275,990 $62,600 $213,390
2024 $1,090 $275,990 $62,600 $213,390
2023 $1,030 $275,990 $62,600 $213,390
2022 $1,030 $175,830 $38,580 $137,250
2021 $1,030 $184,330 $38,580 $145,750
2020 $925 $184,330 $38,580 $145,750
2018 $889 $191,720 $38,580 $153,140
2017 $889 $191,720 $38,580 $153,140
2016 $889 $191,720 $38,580 $153,140
2015 $859 $191,720 $38,580 $153,140
2014 $683 $186,140 $36,470 $149,670
2013 -- $186,140 $36,470 $149,670
Source: Public Records

Agents Affiliated with this Home

  • Becky Ramey

    Seller's Agent in 2022

    Becky Ramey

    RE/MAX

    (828) 421-2357

    14 in this area

    141 Total Sales

    Becky Ramey
    Section Image
  • Jessica Mason

    Buyer's Agent in 2022

    Jessica Mason

    Durpo Realty Associates

    (828) 371-8111

    4 in this area

    85 Total Sales

    Jessica Mason
    Section Image
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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26028924

APN: 6488893551

North Carolina Macon County Otto 28763 Otto

76 Shady Ln, Otto, NC

Not Listed for Sale

Detached

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