NOT LISTED FOR SALE

356 Eupeptic Springs Rd Olin, NC 28660

Love Valley Neighborhood

Estimated Value: $504,000 - $559,000

2 Beds
2 Baths
1,527 Sq Ft
$352/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $540,000 $354 Per Sq Ft

Current estimated payment $3,124/month

84 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Detached Garage
  • Machine Shed
  • Wood Flooring
  • French Doors
  • 1-Story Property

About This Home

As of July 2024

Welcome to a little piece of history known as Eupeptic Springs healing waters. Tons of cool articles highlight this property's past. You will still see remnants of what use to be a vacation destination such as stone chimneys of old getaway cabins and the natural spring covered and maintained over the years. A beautiful 2bed 2bath cabin on a hill with a wrap around porch over looking the creek bottoms situated on 31.36 acres nestled in the small Olin community. Featuring a detached 2-car garage w/ new garage doors, large open pole barn w/ power along the creek, small equipment shed and a detached cabin style building with front porch that could be converted into a small studio, crafts room or office space, the potential is unlimited. Approx. 1,134 ft of road frontage with 3 different driveways to access different parts of the land, the driveway to the home has stone entry columns and is the middle Dr. features over 2,100 ft of creek frontage. Occupied, Must schedule to view property!

Last Listed By

Carla Coffey

EXP Realty Of Piedmont NC LLC Brokerage Email: Carlac.exprealty@gmail.com License #298446 Listed on: 03/01/2024

EXP Realty Of Piedmont NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 2002

Lot Details

  • Sloped Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Attached Carport
  • 4 Open Parking Spaces

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,527 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • French Doors
  • Living Room with Fireplace
  • Crawl Space
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Union Grove Elementary School
  • North Iredell Middle School
  • North Iredell High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Access to stream, creek or river
  • Machine Shed

Listing and Financial Details

  • Assessor Parcel Number 4831-82-6569.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2002
  • Restrictions: N/A
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 353.63
  • Geocode Confidence: High
  • Attribution Contact: Carlac.exprealty@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Stone
  • Fireplace: Yes
  • Flooring: Linoleum, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1527
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1527
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: Living Room, Wood Burning Stove
  • Living Area: 1527
  • Bedroom Main: 2
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Wood
  • Other Structures: Tractor Shed, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Carport, Detached Garage

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Mud Room
  • Cooling: Central Air
  • Utilities: Electricity Connected, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Iredell
  • HOA Subject To: None

Lot Info

  • Lot Features: Flood Fringe Area, Sloped, Creek/Stream, Wooded
  • Lot Size Area: 31.36
  • Lot Size Units: Acres
  • Parcel Number: 4831-82-6569.000
  • Zoning: RA
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Union Grove
  • High School: North Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jul 3, 2024
Sold by
Hiatt Holly Miles
Bought by
Timmerman Rodney Jay
Seller's Agent
Carla Coffey
EXP Realty Of Piedmont NC LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$599,900
Sold Price
$540,000
Premium/Discount to List
-$59,900
-9.98%
Total Days on Market
84
Views
69
Current Estimated Value
$537,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,614
Avg. Annual Appreciation
-0.60%
Original Mortgage
$432,000
Outstanding Balance
$428,700
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$108,687

Purchase Details

Closed on
Nov 7, 2023
Sold by
Hiatt Dennis Wade
Bought by
Hiatt Holly Miles

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 17, 2017
Sold by
Martin Robert William
Bought by
Hiatt Dennis Wade and Hiatt Holly Miles
Seller's Agent
Aaron Maye
Thomco Properties LLC
Buyer's Agent
Aaron Maye
Thomco Properties LLC
List Price
$300,000
Sold Price
$283,500
Premium/Discount to List
-$16,500
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Mar 7, 2000
Sold by
Thigpen Ludie W
Bought by
Thigpen Ludie W and Thigpen Betty Brown

Purchase Details

Closed on
Jan 1, 1991

Purchase Details

Closed on
Apr 1, 1990

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
Timmerman Rodney Jay $540,000 None Listed On Document
Hiatt Holly Miles -- None Listed On Document
Hiatt Dennis Wade $283,500 None Available
Thigpen Ludie W -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmerman Rodney Jay $432,000
Previous Owner Hiatt Dennis Wade $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $540,000 -6.1% $354 / Sq Ft
04/11/2024 04/11/24 Price Changed $575,000 -4.2% $377 / Sq Ft
03/01/2024 03/01/24 For Sale $599,900 +111.6% $393 / Sq Ft
05/17/2017 05/17/17 Sold $283,500 -5.5% $183 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $300,000 -- $194 / 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
2024 $1,565 $240,400 $0 $0
2023 $1,478 $240,400 $0 $0
2022 $1,179 $178,360 $0 $0
2021 $1,156 $175,220 $0 $0
2020 $1,156 $175,220 $0 $0
2019 $1,138 $175,220 $0 $0
2018 $1,047 $166,580 $0 $0
2017 $1,047 $316,210 $176,860 $139,350
2016 $550 $316,210 $176,860 $139,350
2015 $545 $316,210 $176,860 $139,350
2014 $526 $317,430 $176,870 $140,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4114442

Canopy MLS (Canopy Realtor® Association)

APN: 4831-82-6569.000