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1316 Grassy Mountain Road

1316 Grassy Mountain Road, Spruce Pine, NC 28777
Property in Mitchell
Sold Oct 16, 2020
$745,000
$510,400 by Bank Of America Na
Mortgage Due Nov 01, 2050
Local assessors in Spruce Pine, NC have categorized 1316 Grassy Mountain Road as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 111,078 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1316 Grassy Mountain Road has a total of 2,972 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1316 Grassy Mountain Road was last sold in Oct 16, 2020 for $745,000. According to our calculations, that's $250.67 per sqft. Current property owners are expected to pay $4,743 in taxes per year. The property on 1316 Grassy Mountain Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $752,800. To break that down further, the land itself was valued at $181,500. While improvements to the property were assessed at a total of $571,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 111,078
  • Total Building Area: 2,972
  • Building Area: 2,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,972
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOUNDARY SURVEY FOR BRADFORD CHATIGNY
  • Land Acres: 2.55
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: LITTLE SWITZERLAND 1170

Ownership

  • Current Owner : CHATIGNY BRADFORD ELLIOTT
  • Current Owner 2: YOUNG REBECCA APRIL
  • Previous Owner : LAMBERSON DEIPHIA ALLEN

Neighborhood

  • School District Name: Mitchell County Schools
  • Census Tract: 950300

Geography

  • Account Number: 555783080
  • District: 012
  • Parcel: 0787-01-29-5540
  • Municipality: PARKWAY FD
  • Latitude: 35.8523
  • Longitude: -82.0965

    Address

  • Full Address: 1316 Grassy Mountain Rd
  • Address - House Number: 1316
  • Address - Street Name: Grassy Mountain
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Spruce Pine
  • Zip Code: 28777

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,743

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 69
  • Final Value: 1,009,143
  • High Value: 1,232,679
  • Low Value: 785,607

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 16, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $752,800
  • Market Land Value: $181,500
  • Market Improvement Value: $571,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $752,800
  • Assessed Land Value: $181,500
  • Assessed Improvements Value: $571,300

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11793069493
  • Current Sale Price: $745,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020001903

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 16, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Mitchell



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Frequently Asked Questions

What neighborhood is 1316 Grassy Mountain Road located in?
The 1316 Grassy Mountain Road is a located in the neighborhood of Mitchell in Mitchell, Spruce Pine.
What is the average sales price for listings in 1316 Grassy Mountain Road?
The average sales price for units in 1316 Grassy Mountain Road is $0 currently.

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