NOT LISTED FOR SALE

892 Pearson Falls Rd Saluda, NC 28773

Estimated Value: $354,028 - $497,000

2 Beds
2 Baths
1,400 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $261,200 $187 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,279/month

72 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Cottage
  • Creek On Lot
  • Wood Flooring
  • Kitchen Island

About This Home

As of March 2020

Best of both worlds! Are you looking for a retreat that feels like it's tucked away deep in the mountains, yet only a mile or so to town and the interstate? If so, then you need to check out this oasis! This 2 BR, 2 BA home has an open floor plan with a large kitchen/dining area, Living room with a wood burning fireplace, a Den and sitting area with gas logs. Sellers installed a new mini split system in 2019. This place can handle a crowd with a pull out couch in the Den and during the Summer, the screened porch is the perfect place to sleep while listening to the calming water of Joel's Creek out front. This beautiful mountain cottage has lots of decks to enjoy the outdoors for coffee and meals if you like! Great area for walking, biking, or simply playing in the creek. Saluda is about 3 minutes drive where you can enjoy many wonderful shops and restaurants. If you are into outdoor activities, you have a number of options nearby like trout fishing, kayaking, cycling and zip-lining.

Last Agent to Sell the Property

Cindy Viehman

Tryon Foothills Realty License #224319 Listed on: 11/27/2019

Last Buyer's Agent

Julie Mallett

Howard Hanna Beverly-Hanks License #106080

Howard Hanna Beverly-Hanks

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Home fronts a stream
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Rustic Architecture
  • Cabin

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Outdoor Features

  • Creek On Lot

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number P5-71

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin, Cottage, Rustic
  • Ratio Close Price By List Price: 0.87096
  • Ratio Close Price By Original Li: 0.87096
  • Ratio Current Price By Acre: 217666.67
  • Ratio Current Price By Sq Ft: 186.57
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Screen Door(s)
  • Equipment: Cooktop Electric, Dryer, Electric Dryer Hookup, Microwave, Propane, Exhaust Hood, Refrigerator, Wall Oven, Washer
  • Fireplace Description: Gas Logs, Gas Unvented, Living Room, Propane
  • Flooring: Tile, Wood
  • Interior Amenities: Built-Ins, Kitchen Island, Open Floorplan, Split BR Plan, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1400
  • Total Sq Ft: 1400

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car, Driveway, Parking Space - 4+

Utilities

  • Heating: Ductless/Mini-Split System, Propane, Wall Unit - AC, Wall Unit Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Saluda
  • Middle School: Polk
  • High School: Polk

Lot Info

  • Lot Features: Creekfront, Sloping, Stream/Creek, Trees, Water view, Waterfront, Wooded
  • Lot Size Area: 1.200
  • Parcel Number: P5-71
  • Zoning Specification: MX

Tax Info

  • Tax Value: 115023.00
  • Tax Location: Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Mar 12, 2020
Sold by
J & M Equipment Llc
Bought by
Kane Ian Donald and Kane Britnie Delinger
Seller's Agent
Cindy Viehman
Tryon Foothills Realty
Buyer's Agent
Julie Mallett
Howard Hanna Beverly-Hanks
List Price
$299,900
Sold Price
$261,200
Premium/Discount to List
-$38,700
-12.9%
Current Estimated Value
$426,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,307
Avg. Annual Appreciation
9.22%
Original Mortgage
$195,900
Outstanding Balance
$173,497
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$253,010

Purchase Details

Closed on
Jul 11, 2017
Sold by
Jones Margaret Layton and Layton John L
Bought by
J & M Equipment Llc

Purchase Details

Closed on
Dec 31, 1997
Bought by
Layton James A and Jones Margt
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
Kane Ian Donald $261,500 None Available
J & M Equipment Llc -- None Available
J & M Equipment Llc -- None Available
J & M Equipment Llc -- None Available
J & M Equipment Llc -- None Available
Layton James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane Ian Donald $195,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $261,200 -12.9% $187 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $299,900 -- $214 / 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
2025 $212 $36,400 $36,400 $0
2024 $984 $139,646 $32,550 $107,096
2023 $970 $139,646 $32,550 $107,096
2022 $963 $139,646 $32,550 $107,096
2021 $953 $139,646 $32,550 $107,096
2020 $834 $115,023 $32,550 $82,473
2019 $834 $115,023 $32,550 $82,473
2018 $799 $115,023 $32,550 $82,473
2017 $787 $123,662 $31,300 $92,362
2016 $837 $123,662 $31,300 $92,362
2015 $793 $0 $0 $0
2014 $789 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3570408

Canopy MLS (Canopy Realtor® Association)

APN: P5-71