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Haywood 28721
160 Sovereign Circle
$410,000
● House - Off Market

160 Sovereign Circle

Clyde, NC 28721
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,596 Ft²
$2,063
Est. Monthly

About This Property

This stunning 4-bedroom, 3-bathroom home offers a modern open floor plan with vaulted ceilings, birch wood, cork and tile floors. The kitchen features alder-wood cabinets and flowing design. Enjoy mountain views from the primary suite or entertain in the lower-level family room with a wet bar, bonus room/office. The fenced backyard includes a patio, and large wooden deck with year-round views. Past upgrades include a Leviton wireless surround sound, and an ADT security system & Ring(Seller has used neither and doesn't warrant their operation). Conveniently located, with easy access to Waynesville, Asheville, and local attractions. Flexible lower level offers rental potential-short-term or long-term. No HOA! Furniture has been removed. **New roof being installed Monday 11/25/2024**
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$263
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (CANOPYMLS #CAR4200233)

Price History

Date / Event Date Event Price
Jan 7, 2025 Sold
Premium
Sold
Dec 9, 2024 In contract -
In contract
Nov 23, 2024 Listed by Preferred Properties $420,000
Listed by Preferred Properties
Oct 27, 2022 No longer available -
No longer available
Oct 24, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,096
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,096
  • Gross Building Area: 1,512
  • Building Area: 1,096
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,096
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNTAIN PROJECTS
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: D
  • Legal Description 1: #10 MOUNTAIN PROJECTS

Neighborhood

  • School District Name: Haywood County Schools
  • Census Tract: 920502

Zoning

  • Zoning: CR1

Geography

  • Account Number: 275632
  • Parcel: 8637-02-4229
  • Municipality: CLYDE
  • Latitude: 35.5335
  • Longitude: -82.9323

    Address

  • Full Address: 160 Sovereign Cir
  • Legal Unit: 10
  • Address - House Number: 160
  • Address - Street Name: Sovereign
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Clyde
  • Carrier Code: R004
  • 4-Digit Zip Code: 8481
  • Zip Code: 28721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $167,354
  • Tax Rate Code Area: G01,F10,L0

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 421,982
  • High Value: 503,557
  • Low Value: 340,406

    Market Valuation

  • Market Total Value: $240,200
  • Market Land Value: $30,000
  • Market Improvement Value: $210,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,200
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $210,200

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11071
  • Previous Sale Recording Date: Jun 05, 2019
  • Previous Sale Contract Date: May 31, 2019
  • Previous Sale Amount: $246,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Haywood

Stats & Trends

Median Asking:

$406,495

Sale Price/ft²

$263

Below Asking

0.03%

Average Days on Market

71

Average Home Size

1966 ft²

Average Home Age

36.7 years

Currently For Sale

534 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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CANOPYMLS

Listed by: Wyatt Boyer, Preferred Properties
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4200233
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 160 Sovereign Circle built and last sold?
The property at 160 Sovereign Circle was built in 2003 and last sold on Oct 21, 2022 for $405,000.
How much is this home worth?
The estimated value of the home located at 160 Sovereign Circle is $0.
What are some comparable homes to 160 Sovereign Circle?
There are currently no comparable homes to 160 Sovereign Circle.
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