NOT LISTED FOR SALE

7678 State Route 107 Glenville, NC 28736

Estimated Value: $736,000

2 Beds
2 Baths
1,456 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $560,000 $385 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,248/month

About This Home

As of May 2023

Have you wanted a family compound or a great parcel of land for vacation rentals? This parcel located just about 6 miles from the crossroads has endless possibilities. The current owner has worked tirelessly on the first cabin which overlooks an amazing multi-drop waterfall. Home is at the point where you get to decide the finishes for the flooring, siding, etc. The deck is going up this week and all materials for the standing seam roof are at the job site. Above the cabin are multiple build sites that overlook an impressive rock-face waterfall. The well has been dug and is producing 30 gallons per minute which will allow plenty of water for multiple homes. Great location to Sylva and Cashiers. Come take a tour and discover a land perfect for development while you live in the existing cabin.

Last Agent to Sell the Property

Non Member

Canopy Administration Listed on: 05/07/2023

Last Buyer's Agent

Kelly Ramsay

Allen Tate Company Highlands License #310481

Allen Tate Company Highlands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,846

Year Built

  • Built in 2023

Lot Details

  • 24.57

Parking

  • Driveway

Home Design

  • Hardboard

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 7565-26-3399

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,846

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 384.62
  • Geocode Confidence: Low
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1456
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 627
  • Sq Ft Unheated Total: 627
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 1456
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1456
  • Bedroom Main: 2
  • Room Count: 4

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: None
  • Sewer: Septic Needed
  • Laundry Features: None
  • Cooling: None
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 24.57
  • Lot Size Units: Acres
  • Parcel Number: 7565-26-3399
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: no

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Apr 30, 2023
Sold by
Tonge Dennis M and Tonge Stephanie B
Bought by
Cascade Ventures Llc
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Kelly Ramsay
Allen Tate Company Highlands
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$736,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,000
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Albert Jeffrey J and Albert Sharon S
Bought by
Tonge Dennis M and Tonge Stephanie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 23, 2012
Sold by
Thackston Daniel Lee
Bought by
Albert Jeffrey J and Albert Sharon S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cascade Ventures Llc $560,000 Indigo Title Corporation
Tonge Dennis M $210,000 None Available
Albert Jeffrey J $81,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tonge Dennis M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $560,000 0.0% $385 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $560,000 -- $385 / 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 $2,846 $749,047 $218,350 $530,697
2024 $1,269 $333,980 $213,440 $120,540
2023 $833 $203,440 $203,440 $0
2022 $833 $203,440 $203,440 $0
2021 $773 $203,440 $203,440 $0
2020 $1,026 $254,300 $254,300 $0
2019 $1,026 $254,300 $254,300 $0
2018 $1,026 $254,300 $254,300 $0
2017 $1,000 $254,300 $254,300 $0
2015 $1,208 $254,300 $254,300 $0
2011 -- $405,410 $405,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4028919

Canopy MLS (Canopy Realtor® Association)

APN: 7565-26-3399