$66,000
SOLD MAR 20, 2020

892 Melton Branch Rd Bakersville, NC 28705

3 Beds
2 Baths
2,830 Sq Ft
1.95 Acres

Recently Sold

$23 Per Sq Ft

191 Days on Market

Highlights

  • Mountain Architecture
  • No HOA
  • Forced Air Heating System
  • 2 Fireplaces
  • 1 Car Attached Garage
  • Wood Siding

About This Home

As of May 2023

1.95 acres in Mitchell County; sloping and wooded with a stream and mountain view. Home needs some love but has a tremendous amount of potential. Main floor has open concept Great Room/Dining Room plus kitchen, two bedrooms, one bath. Stone fireplace in Great Room. Screened porch to enjoy beautiful views. Lower level has complete second living quarters with bedroom, bath, kitchen, and bonus room with second fireplace. Priced well below tax value. Environmental release must be signed by all those who enter the home.

Last Agent to Sell the Property

Bill Aceto

Blue Ridge Realty & Inv. Boone 895 Listed on: 08/11/2019

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1992

Lot Details

  • 1.95 Acre Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Living Quarters
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Sewer Applied For Permit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0846-00-39-0058

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,057

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.95
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1644.0
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1992
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20
  • Stories: 2

Interior Features

  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1186.0
  • Fireplace Features: Two, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2830.0
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Construction Type: Aluminum Siding, Stone, Wood Siding, Wood Frame
  • Foundation Details: Basement
  • Other Structures: Living Quarters
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Basement, Garage, One Car Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Fireplace(s), Oil
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0846-00-39-0058
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1057.0
  • Tax Book Number: 596/563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 24, 2023
Sold by
Racheter Haley and Racheter Brandon
Bought by
Brown Randall Stephen and Brown Kristine Y
Seller's Agent
Zack Lowe
LandCrazy.com Inc
Buyer's Agent
Phillip Warren
Keller Williams - Black Mtn.
List Price
$410,000
Sold Price
$412,000
Premium/Discount to List
$2,000
0.49%
Views
22
Current Estimated Value
$391,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,838
Avg. Annual Appreciation
-2.41%
Original Mortgage
$312,000
Outstanding Balance
$305,144
Interest Rate
6.27%
Mortgage Type
VA
Estimated Equity
$86,018

Purchase Details

Listed on
Aug 11, 2019
Closed on
Mar 3, 2020
Sold by
Federal National Mortgage Association
Bought by
Racheter Hayley
Seller's Agent
Bill Aceto
Blue Ridge Realty & Inv. Boone 895
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$66,000
Sold Price
$66,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.87%

Purchase Details

Closed on
Nov 8, 2018
Sold by
Leiss Ross S and Hickman Leiss Melanie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 12, 2005
Sold by
Wachovia Bank N A
Bought by
Hickman Leiss Melanie and Leiss Ross S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
5.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $412,000 None Listed On Document
Special Warranty Deed -- None Available
Trustee Deed $99,500 None Available
Special Warranty Deed $132,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,000 VA
Previous Owner $105,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $412,000 +0.5% $157 / Sq Ft
04/10/2023 04/10/23 For Sale $410,000 +521.2% $156 / Sq Ft
03/20/2020 03/20/20 Sold $66,000 0.0% $23 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
08/11/2019 08/11/19 For Sale $66,000 -- $23 / 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 $1,736 $291,700 $33,200 $258,500
2023 $1,736 $291,700 $33,200 $258,500
2022 $1,736 $291,700 $33,200 $258,500
2021 $1,057 $171,800 $28,200 $143,600
2020 $1,057 $171,800 $28,200 $143,600
2019 $1,057 $171,800 $28,200 $143,600
2018 $1,057 $171,800 $28,200 $143,600
2017 $1,074 $174,600 $24,900 $149,700
2016 $986 $174,600 $24,900 $149,700
2015 $986 $174,600 $24,900 $149,700
2014 $986 $174,600 $24,900 $149,700
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2023

    Zack Lowe

    LandCrazy.com Inc

    (828) 989-5365

    59 Total Sales

    Zack Lowe
    Section Image
  • Phillip Warren

    Buyer's Agent in 2023

    Phillip Warren

    Keller Williams - Black Mtn.

    (828) 417-4857

    36 Total Sales

    Phillip Warren
    Section Image
  • Bill Aceto

    Seller's Agent in 2020

    Bill Aceto

    Blue Ridge Realty & Inv. Boone 895

    (828) 355-3311

    247 Total Sales

    Bill Aceto
    Section Image

  • N

    Buyer's Agent in 2020

    NONMLS MEMBER

    NONMLS

    2,476 Total Sales

    NONMLS MEMBER
    Section Image
See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 217036

High Country Association of REALTORS®

APN: 0846-00-39-0058

North Carolina Mitchell County Bakersville 28705

892 Melton Branch Rd, Bakersville, NC

This home is located at 892 Melton Branch Rd, Bakersville, NC 28705 and is currently priced at $66,000, approximately $23 per square foot. This property was built in 1992. 892 Melton Branch Rd is a home located in Mitchell County with nearby schools including Gouge Elementary School, Bowman Middle School, and Mitchell High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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