NOT LISTED FOR SALE

876 Wallalieu Gap Rd Otto, NC 28763

Otto Neighborhood

Estimated Value: $602,560

Studio
1.5 Baths
2,000 Sq Ft
$301/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $73,500 $37 Per Sq Ft

Est. 720% increase in value since last sale

Current estimated payment $3,181/month

23 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • No HOA
  • Valley View
  • Living Area on First Floor
  • Porch

About This Home

As of September 2016

AUCTION! - August 25 at 11:00am - on site. List price is for MLS purposes only. Actual sales price could be higher or lower as property is being bid for at auction. Octagon shaped building ON CREEK could be used for commercial or residential. Highly visible from 441, rustic mountain interior, wood floors, pine walls, wrap around deck,2000+/- sq.ft., 2000+/- sq.ft.full basement with windows, 2 bedroom septic. Interior needs to be partitioned and finished for residential purposes. Also includes a nice laying one acre lot parcel #6588736665 in Ideal Acres across the road that could be built on.Open House Schedule: Saturday 8/20 9:00am-1:00pm, Sunday 8/21 12:30pm-3:00pm and Tuesday 8/23 12:00pm-2:00pm.

Last Agent to Sell the Property

Marty Kimsey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #53843 Listed on: 07/31/2016

RE/MAX Elite Realty

Last Buyer's Agent

Marty Kimsey

RE/MAX Elite Realty Brokerage Phone: 8283494600 License #53843 Listed on: 07/31/2016

RE/MAX Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 1972

Lot Details

  • 1.69 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Level Lot

Parking

  • No Garage

Home Design

  • Cabin
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Cathedral Ceiling
  • Living Area on First Floor
  • Carpet
  • Valley Views
  • No Kitchen Appliances

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • In Flood Plain

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6488738740

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Cabin,Residential Auction
  • Prop. Type: Residential
  • Lot Size Acres: 1.69
  • Road Frontage Type: State Road, Community
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Directions: From Franklin: Just before the NC/GA line take Right onto Wallalieu Gap Road. First building on Right. 876 Wallalieu Gap Road.From Georgia: Just after NC/GA line take Left onto Wallalieu Gap Road. First building on Right. 876 Wallallieu Gap Road.
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1972
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, None
  • Has Basement: Full, Heated, Recreation/Game Room, Exterior Entry, Bath/Stubbed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Cathedral/Vaulted Ceiling, Main Level Living
  • Living Area: 2000

Exterior Features

  • Lot Features: Level, Rolling, Flood Plain, Level Yard
  • View: Valley
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Patio/Atrium, Porch, Deck
  • Roof: Composition, Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 73616.4
  • Parcel #: 6488738740
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 747.64
  • Tax Book Number: K-31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2007
Sold by
Ehnes Kai and Ehnes Tiffany
Bought by
Stanley Robert H and Stanley Sally B
Current Estimated Value
$602,560

Purchase Details

Closed on
Jul 14, 2006
Sold by
Stanley Robert H and Stanley Sally B
Bought by
Ehnes Kai and Ehnes Tiffany
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
Stanley Robert H -- None Available
Ehnes Kai $260,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $73,500 0.0% $37 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/31/2016 07/31/16 For Sale $73,500 -- $37 / 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 $620 $147,560 $45,710 $101,850
2024 $620 $147,560 $45,710 $101,850
2023 $737 $147,560 $45,710 $101,850
2022 $737 $125,740 $39,680 $86,060
2021 $737 $125,740 $39,680 $86,060
2020 $665 $125,740 $39,680 $86,060
2018 $700 $146,220 $39,680 $106,540
2017 $700 $146,220 $39,680 $106,540
2016 $700 $146,220 $39,680 $106,540
2015 $678 $146,220 $39,680 $106,540
2014 $743 $204,680 $71,420 $133,260
2013 -- $204,680 $71,420 $133,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26002786

APN: 6488738740