NOT LISTED FOR SALE

Lot 614 Observation Point Waynesville, NC 28785

Estimated Value: $35,000

3.12 Acres
$11,218 Price per Acre
135,907 Sq Ft Lot

Last Sold January 11, 2024

Last sale price $19,400

Est. 80% increase in value since last sale

Current estimated payment $223/month

459 Days on Market

Highlights

  • Mountain View
  • Jonathan Valley Elementary School Rated 9+
  • Private Lot

About This Lot

As of January 2024

Over 3 acres home site located in the Jonathan Creek community of Mountain Lake Forest with big mountain views! The lot is private and sits at the top of the community for almost total privacy. Access is the paved and gravel subdivision roads. There is a rough drive and pad pushed in so you can see all the potential. The land is steep in areas but there is a nice build site just off the road with a northeast view. There is a new 3-bedroom septic report on file and access to a community well. The minimum square footage is only 1100 so are free to build that small mountain home with incredible views!

Last Agent to Sell the Property

Thomas Mallette

Better Homes and Gardens Real Estate Heritage Brokerage Email: MRE@BHGHeritage.com License #234136 Listed on: 09/01/2022

Better Homes and Gardens Real Estate Heritage

Last Buyer's Agent

Louis Migacz

1st Choice Realty License #315644

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $270

Lot Details

  • 3.12 Acre Lot
  • Property fronts a private road
  • Private Lot
  • Possible uses of the property include Residential

HOA Fees

  • $15 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Jonathan Valley Elementary School
  • Waynesville Middle School
  • Tuscola High School

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Mountain Lake Forest Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 7697-77-9981

Property Details

Property Type

Land

Est. Annual Taxes

$270

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Square Feet
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: Land
  • Attribution Contact: MRE@BHGHeritage.com
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • View: Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 3500
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 175.00

Schools

  • Middle Or Junior School: Waynesville
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Views
  • Lot Size Area: 3.12
  • Lot Size Units: Acres
  • Parcel Number: 7697-77-9981
  • Plat Book Slide: CABC/2658
  • Can Be Subdivided: 0
  • Lot Size Acres: 3.12
  • Lot Size Sq Ft: 135907
  • ResoLotSizeUnits: Acres
  • Zoning Specification: none

MLS Schools

  • Elementary School: Jonathan Valley
  • High School: Tuscola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jan 11, 2024
Sold by
Suttles Michael Charles
Bought by
Jimco Investments Llc
Seller's Agent
Thomas Mallette
Better Homes and Gardens Real Estate Heritage
Buyer's Agent
Louis Migacz
1st Choice Realty
List Price
$45,000
Sold Price
$19,400
Premium/Discount to List
-$25,600
-56.89%
Views
513
Current Estimated Value
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,600
Avg. Annual Appreciation
39.57%

Purchase Details

Closed on
Sep 2, 2015
Sold by
Ws Investments Inc
Bought by
Wightman William S and Wightman Marilyn P

Purchase Details

Closed on
Oct 15, 2010
Sold by
Carolina Mountain Properties Inc
Bought by
W S Investments Inc
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
Jimco Investments Llc $19,500 None Listed On Document
Jimco Investments Llc $19,500 None Listed On Document
Wightman William S $75,000 Attorney
W S Investments Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $19,400 -2.5% --
08/08/2023 08/08/23 Price Changed $19,900 -33.4% --
03/21/2023 03/21/23 Price Changed $29,900 -33.6% --
09/01/2022 09/01/22 For Sale $45,000 -- --
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 $270 $43,500 $43,500 $0
2024 $270 $43,500 $43,500 $0
2023 $270 $43,500 $43,500 $0
2022 $263 $43,500 $43,500 $0
2021 $263 $43,500 $43,500 $0
2020 $224 $34,200 $34,200 $0
2019 $224 $34,200 $34,200 $0
2018 $277 $34,200 $34,200 $0
2017 $224 $34,200 $0 $0
2016 $277 $43,500 $0 $0
2015 $277 $43,500 $0 $0
2014 -- $43,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3900957

Canopy MLS (Canopy Realtor® Association)

APN: 7697-77-9981