NOT LISTED FOR SALE

88 Bearwallow Rd Leicester, NC 28748

Estimated Value: $304,000 - $449,000

2 Beds
1 Bath
1,776 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $270,000 $152 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,111/month

4 Days on Market

Highlights

  • Hilly Lot
  • Vaulted Ceiling
  • Attached Garage
  • Madison Middle School Rated A-
  • Fireplace
  • Walk-In Closet

About This Home

As of August 2023

Simply an amazing private mountain getaway, on Bearwallow road in Leicester. (Madison County). This unique offering is peaceful and quiet and has a wonderfully large front sitting porch as well as a terrific "Sun Room" greenhouse room with soaring ceilings and tons of natural light. The main living area is a kind of do it all space with living room, dining room, kitchen and laundry all contained within. 2 large beds and a bathroom finish off the impressive 1 story upstairs. Underneath the house is a two car garage and a large storage area which has a basin sink. The sunroom is heated by its own separate propane tank and the main house has a toasty oil burner. No need for air conditioning here!.. There is a wonderful dog "hotel" for Fido, which is in the shade, while much of the sun dappled yard supports roses and day Lillies. This property has low taxes, 30 minute access to Downtown Asheville, is well priced, and ready to welcome you. Can it be used as an STR Absolutely!!!

Last Agent to Sell the Property

Bill Johnson

Keller Williams Professionals Brokerage Email: wljpesj@gmail.com License #191716 Listed on: 07/07/2023

Keller Williams Professionals

Co-Listed By

Peter Lorenz

Keller Williams Professionals Brokerage Email: wljpesj@gmail.com License #281872

Last Buyer's Agent

Sean Pratt

Keller Williams Professionals License #313074

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • Level Lot
  • Hilly Lot
  • Property is zoned R-A

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace

Kitchen

  • Oven
  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Basement

  • Walk-Out Basement
  • Basement Storage

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8763-43-1558

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1970
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 152.03
  • Geocode Confidence: High
  • Attribution Contact: wljpesj@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s), Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1776
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1350
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 664
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2014
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Hood, Oven, Washer/Dryer
  • Above Grade Finished Sq Ft: 1776
  • Has Basement: Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1776
  • Bedroom Main: 2
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Wood, Other - See Remarks
  • Other Structures: Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Other - See Remarks

Utilities

  • Heating: Oil, Propane, Zoned, Other - See Remarks
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen
  • Cooling: Other - See Remarks
  • Utilities: Propane, Other - See Remarks
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Hilly, Level
  • Lot Size Units: Acres
  • Parcel Number: 8763-43-1558
  • Development Status: Completed
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 25, 2023
Sold by
Plemmons Laura Vincent and Abowd George
Bought by
Lovell Steven Wayne
Seller's Agent
Bill Johnson
Keller Williams Professionals
Buyer's Agent
Sean Pratt
Keller Williams Professionals
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%
Views
20
Current Estimated Value
$379,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,423
Avg. Annual Appreciation
15.51%
Original Mortgage
$270,000
Outstanding Balance
$262,926
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$116,497

Purchase Details

Closed on
Jun 19, 1995
Bought by
Plemmons Kenneth K and Plemmons Laura
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
Lovell Steven Wayne $270,000 None Listed On Document
Plemmons Kenneth K $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovell Steven Wayne $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $270,000 -3.6% $152 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $280,000 -- $158 / 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
2024 $1,546 $341,588 $32,698 $308,890
2023 $790 $113,021 $19,822 $93,199
2022 $790 $113,021 $19,822 $93,199
2021 $790 $113,021 $19,822 $93,199
2020 $790 $113,021 $19,822 $93,199
2019 $916 $130,394 $18,480 $111,914
2018 $717 $0 $0 $0
2017 $704 $0 $0 $0
2016 $704 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $130,394 $18,480 $111,914
2013 -- $112,156 $18,480 $93,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4046860

Canopy MLS (Canopy Realtor® Association)

APN: 8763-43-1558