NOT LISTED FOR SALE

786 Five Forks Dr Murphy, NC 28906

Estimated Value: $544,961 - $595,000

3 Beds
3.5 Baths
-- Sq Ft
1.46 Acres

Last Sold October 20, 2020

Last sale price $350,000

Est. 63% increase in value since last sale

Current estimated payment $3,299/month

168 Days on Market

Highlights

  • Gated Community
  • Deck
  • Wood Flooring
  • Chalet
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of October 2020

IMPRESSIVE MOUNTAIN VIEWS IN FIVE FORKS COMMUNITY. Must see this 3BR/3.5BA oversized Chalet with an open floor plan, HW floors, wall of windows to enjoy the mountain views. Amazing kitchen with granite, huge island, eat-in bar, lots of cabinets, pantry & dining room, 2 FP. Finished walkout lower level with family room, bedroom & full bath. Master has en-suite bath and attached office/den. Lots of deck space for entertaining family and friends. Oversize 2 car garage, Workshop and 2nd floor bonus room. Landscaped with flowering shrubs and fruit trees. Fire-pit area for those cool mountain evenings. Home has gate at the entrance to property and there is ample parking and generator hookup.

Last Agent to Sell the Property

Mountain Living Team

Coldwell Banker High Country License #238829 Listed on: 01/20/2020

Last Buyer's Agent

Wayne Cofer

ReMax Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,419

Year Built

  • Built in 2002

Lot Details

  • 1.46 Acre Lot
  • Level Lot
  • Garden
  • Property is in excellent condition
  • Zoning described as Deed Restricted

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Chalet
  • Wood Walls
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Great Room with Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 449900036049000

Community Details

Overview

  • Property has a Home Owners Association
  • Five Forks Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,419

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence,Residential
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.46
  • Lot Size: 1.46
  • Road Surface Type: Paved
  • Subdivision Name: Five Forks
  • Directions: From downtown Murphy go West on HWY 64 to a LEFT onto Hwy 129 at light. Follow to LEFT on Moccasin Creek Rd. See Five Forks Gate on left and mailboxes on right. Follow up road to sign and home on right.
  • Architectural Style: Chalet, Other
  • Garage Yn: Yes
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Washer, Dishwasher, Range, Disposal, Refrigerator, Dryer
  • Has Basement: Full, Exterior Entry, Walk-Out Access, Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Gas Log, Great Room, Basement
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Other
  • Interior Amenities: Walk-In Closet(s), Granite Counters, Vaulted Ceiling(s), Solid Surface Counters, Other, Drywall, Tile Shower/Tub, Wood Ceiling(s), Ceiling Fan(s), Pantry, Double Vanity, Wood Walls
  • Main Level Bathrooms: 1
  • Window Features: Window Treatments, Storm Window(s), Double Pane Windows

Exterior Features

  • Fencing: None
  • Lot Features: Level/Rolling Land, RV's Allowed
  • View: Excellent View
  • View: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Garden, Storage, Other
  • Foundation Details: Crawl Space
  • Other Structures: RV/Boat Storage, Outbuilding
  • Patio And Porch Features: Deck/Patio, Porch
  • Property Condition: Excellent
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage Double Detached, Paved
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Main Level, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Cherokee County

Lot Info

  • Lot Size Sq Ft: 63597.6
  • Parcel #: 449900036049000
  • Zoning Description: Deed Restricted
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1419.13
  • Tax Lot: 16
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Sep 18, 2020
Sold by
Westmoreland Herbert C and Westmoreland Dawn
Bought by
Schuette Albert J and Schuette Corrie W
Seller's Agent
Mountain Living Team
Coldwell Banker High Country
Buyer's Agent
Wayne Cofer
ReMax Mountain Properties
List Price
$364,000
Sold Price
$350,000
Premium/Discount to List
-$14,000
-3.85%
Current Estimated Value
$572,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,240
Avg. Annual Appreciation
10.60%
Original Mortgage
$170,000
Outstanding Balance
$121,741
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$450,499

Purchase Details

Listed on
Jun 10, 2018
Closed on
Jul 12, 2018
Sold by
Valletti Sebastian A and Valletti Virginia M
Bought by
Westmoreland Herbert C and Westmoreland Dawn
Seller's Agent
Bonnie DuPree
REMAX Mountain Properties
Buyer's Agent
Bonnie DuPree
REMAX Mountain Properties
Sold Price
$347,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.38%
Original Mortgage
$358,451
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 2, 2010
Sold by
Federal National Mortgage Association
Bought by
Valletti Sebastian A and Valletti Virginia M

Purchase Details

Closed on
Sep 11, 2006
Sold by
Allen Mary and Allen Frank
Bought by
Allen Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Schuette Albert J $350,000 None Available
Westmoreland Herbert C $347,000 None Available
Valletti Sebastian A -- --
Allen Mary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuette Albert J $170,000
Previous Owner Westmoreland Herbert C $358,451
Previous Owner Valletti Sebastian A $15,000
Previous Owner Valletti Sebastian A $50,000
Previous Owner Allen Mary L $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $350,000 -3.8% --
07/07/2020 07/07/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $364,000 +4.9% --
07/20/2018 07/20/18 Sold $347,000 -- --
06/10/2018 06/10/18 Pending -- -- --
Source: Mountain Lakes Board 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
2024 $2,465 $361,110 $0 $0
2023 $2,455 $361,110 $0 $0
2022 $2,455 $361,110 $0 $0
2021 $2,057 $361,110 $35,000 $326,110
2020 $1,844 $347,520 $0 $0
2019 $1,419 $234,200 $0 $0
2018 $1,269 $208,040 $0 $0
2017 $1,015 $208,040 $0 $0
2016 $1,269 $208,040 $0 $0
2015 $1,269 $208,040 $29,150 $178,890
2012 -- $208,040 $29,150 $178,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Lakes Board of REALTORS®

MLS Number: 133515

APN: 4499-00-03-6049-000