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$650,000

Beds
3
Baths
3.5
sq ft
3,283

220 Hog Pen Road, Newland, NC 28657

220 Hog Pen Road

Newland, NC 28657

  • 449 days on market
Welcome to Yellow Mountain, one of the best kept secrets, located within the Pisgah National Forest. It is a gated community with homes at 4500 to 4700 feet elevation. There are 24 homes on 560 acres. We live among nature, trees, hiking trails, ponds etc. And we co-exist with the wildlife, deer, wild turkey, a stray bear (once in a while) owls and coyotes. We inhabit their forest and are very conscious of that. The board of directors is very intentional about keeping this sub-division as natural as possible, by protecting the environment from invasive species etc. Through a cooperative agreement with the Southern Appalachian Conservacy, residents and guests of Yellow Mountain Ranch have access to the Big Yellow Mountain Bald, allowing access to the Appalachian Trail (30 to 40 minute hike to the base of Little Hump) We enjoy seasonal pot lucks at the "Barn Site" including Memorial day celebration, 4th of July, Labor Day and if anyone is up here New Years, indoor of course. Please read the history of Yellow Mountain Ranch attached. This home is nestled on 3.14 acres (more available) and AWD or 4WD is necessary to access the property. The house has a great floor plan with a spacious kitchen, spectacular mountain views a 1st floor primary bedroom with attached sitting room. Upstairs has one huge bedroom that could accommodate 4 house guests with direct access to the bonus room, a loft that a previous owner used as hi2020s art studio, another bedroom and full bath. There is lots of storage. The house needs work, I have an estimate from the contractor and am expecting an estimate from the plumber shortly. For the right person this would be a magnificent home. The first floor is 2020 square feet. The second floor contains 1265 square feet that has been heated by space heaters. There is a large bonus room. Two additional lots are negotiable

Details

Property type

Single Family Residence

Lot size

3.14 acres

Price per sq ft

$198

Year built

1990

Annual property taxes

$1,627

Monthly HOA fee

$166.67

Price History

09/01/2023
HighCountry

HighCountry #245630

Listed
$650,000

Schools & Community

Elementary school: 

Newland

Middle school: 

Unknown

High school: 

Avery County

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lafayette Fcu

Loan start date

October 2013

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.23%

Loan type

Credit Line (Revolving), 20 year

Seller

Kathie L Dematatis and Harry A Dematatis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 12:00 AM

Listing updated: 06/11/2024 at 11:13 AM

Listed by: Dolores Knudsen, RE/MAX Executive Phone #: (704) 540-7500

MLS: HighCountry #245630

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