NOT LISTED FOR SALE

568 McClure Mill Rd Otto, NC 28763

Estimated Value: $258,265

2 Beds
2 Baths
-- Sq Ft
0.5 Acres

Last Sold November 04, 2020

Last sale price $130,000

Est. 99% increase in value since last sale

Current estimated payment $1,489/month

52 Days on Market

Highlights

  • Private Lot
  • Main Floor Bedroom
  • Screened Porch
  • Cathedral Ceiling
  • No HOA
  • Cottage

About This Home

As of November 2020

Adorable and charming duplex cottage on a private half-acre lot. Superb opportunity for a vacation rental, long-term rental income opportunity – or live in one and rent the other to cover your mortgage! This sweet residence has two private 1 bedroom/1 bath units... one on main and one on the second level. The upper level has attractive vaulted ceilings with wood beam accents - so charming! There's an open feeling with a nice-sized kitchen & dining area. The bedroom has 2 closets, there's also a deep hall closet and full bath, plus a covered deck area for relaxing. The lower unit has a lovely screened porch, updated vinyl flooring and more vintage details like adorable wood cabinetry and a wood & brick accent wall in the living room. The homes share a laundry w/exterior access on the main level. It's a flat, gently wooded lot w/plenty of parking, and the board-and-batten siding oozes that trendy mid-century modern vibe. This is a cozy-feeling and attractive property for some very lucky buyer

Last Listed By

Kelly Penland

Bald Head Realty Brokerage Phone: 8283690000 License #276321 Listed on: 08/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1960

Lot Details

  • 0.5 Acre Lot
  • Private Lot
  • Level Lot
  • Historic Home

Parking

  • No Garage

Home Design

  • Cottage
  • Shingle Roof
  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Flue
  • Screened Porch
  • Storm Windows
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Macon Middle School
  • Franklin High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6581748961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Gravel
  • Ownership: More than One Year
  • Directions: From Franklin take 441S toward Otto to R on Coweeta Church Road to Left onto McClure Mill Road... first driveway on the right, only about 0.1 mile of gravel.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Structure Type: Historical, Multi Family
  • Year Built: 1960
  • Attribution Contact: 8283690000
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Other Water Heater (See Remarks), Refrigerator, Dryer, Washer, Electric Oven/Range
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Flue, None
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral/Vaulted Ceiling, Other, In-Law Floorplan
  • Main Level Bathrooms: 1
  • Window Features: Windows-Storm Part
  • Room Bedroom2 Level: First
  • Room Bedroom4 Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 130
  • Master Bedroom Master Bedroom Width: 11
  • Room Master Bedroom Area: 130.9

Exterior Features

  • Lot Features: Private, Level, Level Yard
  • View: No
  • Home Warranty: No
  • Construction Type: Board & Batten Siding
  • Patio And Porch Features: Screened Porch/Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None-Carport, No Garage

Utilities

  • Laundry Features: First Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank, See Remarks
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Franklin
  • Middle Or Junior School: Macon Middle

Lot Info

  • Lot Size Sq Ft: 21780
  • Parcel #: 6581748961
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1000
  • Tax Book Number: Y-25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Nov 4, 2020
Sold by
Porter Jerry D and Porter Rita S
Bought by
Dugan Jaime John Burns and Dugan Jessica Diane
Seller's Agent
Kelly Penland
Bald Head Realty
Buyer's Agent
Gary Viar
Lamplighter Realty
List Price
$130,000
Sold Price
$130,000
Total Days on Market
52
Current Estimated Value
$258,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,265
Avg. Annual Appreciation
16.73%
Original Mortgage
$97,500
Outstanding Balance
$88,274
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$171,706

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
Dugan Jaime John Burns $129,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dugan Jaime John Burns $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $130,000 0.0% --
10/05/2020 10/05/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $130,000 -- --
Source: Carolina Smokies Association of REALTORS®

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 $614 $145,740 $23,320 $122,420
2023 $590 $145,740 $23,320 $122,420
2022 $590 $96,310 $11,440 $84,870
2021 $590 $96,310 $11,440 $84,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26016637

APN: 6581748704