NOT LISTED FOR SALE

777 Overlook Dr Spruce Pine, NC 28777

Estimated Value: $87,945 - $180,000

6.29 Acres
$18,863 Price per Acre
273,992 Sq Ft Lot

Last Sold February 26, 2024

Last sale price $125,000

Est. 5% decrease in value since last sale

Current estimated payment $649/month

224 Days on Market

About This Lot

As of February 2024

+/- 6.29 Acres of some of the finest and last development property inside the city limits of Spruce Pine privately located at the end of Overlook Drive in the coveted community of Spruce Pine Heights. Owner/Developer got tied up on other projects- DON"T MISS THIS OPPORTUNITY! Excellent views & ready for your development. Perfect for a townhome/duplex community or private estate. 2 water taps already purchased from the town, w/city sewer available. This is a prime investment opportunity with proposed site plan & duplex initial drawings ready to break ground. Located just above & within walking distance to the regional Blue Ridge Hospital & ECU School of Dentistry, 2 miles to downtown Spruce Pine, 50 min. from Asheville, 50 min. from Boone, 30 min. to Lake James & I-40, 2 hrs. from Charlotte.

Last Agent to Sell the Property

Matt Buchanan

Ridge Water Realty Brokerage Email: mattbuchanan@kw.com License #335911 Listed on: 06/07/2023

Last Buyer's Agent

Casey Ledford

Proper Realty LLC License #283488

Property Details

Property Type

  • Land

Lot Details

Schools

  • Greenlee Primary Elementary School
  • Harris Middle School

Additional Features

  • Mountain Views
  • Possible uses of the property include Multi-Family, Private Estate, Residential

Listing and Financial Details

  • Assessor Parcel Number 0890-19-51-0209 and 0890-18-41-7132

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: mattbuchanan@kw.com
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Private Estate, Residential

Exterior Features

  • View: Mountain(s)

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 0890-19-51-0209 and 0890-18-41-7132
  • Can Be Subdivided: 1
  • Plat Reference Section Pages: 637 and 83
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Greenlee Primary
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Feb 27, 2024
Sold by
Hv Rentals Llc
Bought by
Sibelco North America Inc
Seller's Agent
Matt Buchanan
Ridge Water Realty
Buyer's Agent
Casey Ledford
Proper Realty LLC
List Price
$175,000
Sold Price
$125,000
Premium/Discount to List
-$50,000
-28.57%
Views
84
Current Estimated Value
$118,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,352
Avg. Annual Appreciation
-2.72%

Purchase Details

Closed on
Apr 4, 2019
Sold by
Hudson Mildred M
Bought by
Hv Rentals
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sibelco North America Inc $82,500 None Listed On Document
Hv Rentals $74,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $125,000 -28.6% --
06/07/2023 06/07/23 For Sale $175,000 -- --
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 $405 $72,300 $72,300 $0
2024 $405 $72,300 $72,300 $0
2023 $405 $72,300 $72,300 $0
2022 $405 $72,300 $72,300 $0
2021 $169 $29,100 $29,100 $0
2020 $169 $29,100 $29,100 $0
2019 $169 $29,100 $29,100 $0
2018 $169 $29,100 $29,100 $0
2017 $169 $29,100 $29,100 $0
2016 $154 $29,100 $29,100 $0
2015 $154 $29,100 $29,100 $0
2014 $154 $29,100 $29,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4038302

Canopy MLS (Canopy Realtor® Association)

APN: 0890-19-51-0209