NOT LISTED FOR SALE

8 Cole Ln Newland, NC 28657

Estimated Value: $470,000 - $641,000

3 Beds
2 Baths
1,344 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $265,000 $197 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,935/month

Highlights

  • Horse Facilities
  • 5.18 Acre Lot
  • Vaulted Ceiling
  • Home fronts a pond
  • Mountain View
  • Partially Wooded Lot

About This Home

As of August 2018

This log home is a work of art sitting at around 4200 feet. This 5.18 acres is almost all usable and has had many modifications to make garden spots, a pond and to control drainage. The home has been specifically built by owner to surpass all current codes. For example the owner built a roof and gutter system below the main roof to ensure even if their was a roof leak water would still not penetrate the home, maximum insulation with maximum ventilation, engineered septic system that should never need pumping. Several plateaus were built for enjoyment and gardening. Enjoy long range views while overlooking a well sculptured stocked pond. This is a true log cabin with open floor plan, specially designed low entry steps for ease of access. Underneath the house is a 4 foot crawl space that can be used for storage. On the property there is also a matching log 36x24 two car carport with workshop/storage building. This tract was originally sit aside for common area and amenities for Appletree Ridge. So it was some of the best land in the subdivision. Other advantages of this property is that it does not have any POA fees but does require the owner to pay $350 a year for road maintenance.

Last Agent to Sell the Property

Jamie Campbell

Apx Realty - Area Property Experts Listed on: 05/17/2018

Last Buyer's Agent

Donna Dunham

Keller Williams High Country

Keller Williams High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 2013

Lot Details

  • 5.18 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road
  • Partially Wooded Lot
  • Zoning described as Deed Restrictions

Parking

  • 2 Car Garage
  • Carport
  • Gravel Driveway

Home Design

  • Log Cabin
  • Shingle Roof
  • Architectural Shingle Roof
  • Log Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Double Pane Windows
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Newland Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1825-00-57-4347-00000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,087

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.18
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Log Home
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2013
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 1344.0
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • View: Long Range, Mountain(s)
  • View: Yes
  • Waterfront Features: Creek, Stream, Pond
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Horse Facilities, Out Building(s), Storage, Gravel Driveway
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Multiple
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Carport, Driveway, Garage, Two Car Garage, Gravel, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Newland

Lot Info

  • Parcel #: 1825-00-57-4347-00000
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1087.0
  • Tax Book Number: 416/2117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2022
Sold by
Jackson Jr Manuel E
Bought by
Jackson Manuel E and Jackson Susan H
Current Estimated Value
$541,309

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 2, 2018
Sold by
Cole David L and Cole Johanna M
Bought by
Jackson Manuel E
Seller's Agent
Jamie Campbell
Apx Realty - Area Property Experts
Buyer's Agent
Donna Dunham
Keller Williams High Country
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Jul 13, 2007
Sold by
Cole David L and Cole Johanna M
Bought by
Cole David L and Cole Johanna M

Purchase Details

Closed on
Oct 19, 2006
Sold by
Appletree Ridge Inc and Wimer C R Russ
Bought by
Cole David L and Cole Johanna M
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
Jackson Manuel E -- Cocke William B
Jackson Manuel E $265,000 None Available
Cole David L -- None Available
Cole David L $76,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $265,000 0.0% $197 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $265,000 -- $197 / Sq Ft
Source: High Country 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
2024 $1,219 $278,100 $22,500 $255,600
2022 $1,219 $304,700 $22,500 $282,200
2021 $933 $165,200 $12,500 $152,700
2020 $935 $165,200 $12,500 $152,700
2019 $936 $165,200 $12,500 $152,700
2018 $0 $165,200 $12,500 $152,700
2017 $1,087 $197,600 $0 $0
2016 $884 $197,600 $0 $0
2015 $884 $197,600 $25,000 $172,600
2012 -- $199,800 $35,000 $164,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 207361

High Country Association of REALTORS®

APN: 1825-00-57-4347-00000