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7540 Linville Falls Highway

7540 Linville Falls Highway, Newland, NC 28657
Property in Avery
Sold May 11, 2020
$185,000
$183,000 by First Community Bank
Mortgage Due May 11, 2050
Sold Feb 13, 2012
$95,000
7540 Linville Falls Highway in Newland, NC was first built in 1938 and is 86 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7540 Linville Falls Highway has 1,486 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of rock and stone. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7540 Linville Falls Highway was last sold in Apr 27, 2020 for $185,000. According to our calculations, that's $124.50 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Feb 9, 2012. Current property owners are expected to pay $698 in taxes per year. The property on 7540 Linville Falls Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $174,400. To break that down further, the land itself was valued at $13,000. While improvements to the property were assessed at a total of $161,400. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1938
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Rock and stone
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Type: Unspecified basement
  • Basement Area: 128
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 3,900
  • Total Building Area: 1,486
  • Gross Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,486
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NULL

Ownership

  • Current Owner : GARTMAN MICHAEL A
  • Current Owner 2: GARTMAN ELISA
  • Previous Owner : BOYETTE CHARLES G
  • Previous Owner 2: BOYETTE LINDA B
  • Owner Before Previous Owner: THE CHURCH OF THE RESURRECTION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Avery County Schools
  • School Tax School District: 2-CROSSNORE
  • Census Tract: 930400

Zoning

  • Zoning: NULL

Geography

  • Account Number: 73085
  • District: 1
  • Parcel: 1822-00-99-6143-00000
  • Lot: 960
  • Municipality: ALTAMONT
  • Latitude: 35.9927
  • Longitude: -81.9426

    Address

  • Full Address: 7540 Linville Falls Hwy
  • Address - House Number: 7540
  • Address - Street Name: Linville Falls
  • Address - Suffix Type: Hwy
  • State: NC
  • City Name: Newland
  • Carrier Code: R002
  • 4-Digit Zip Code: 8916
  • Zip Code: 28657

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $698

    Appraisal Valuation

  • Standard Deviation: 0.4707
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 5
  • Final Value: 279,850
  • High Value: 411,600
  • Low Value: 148,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,000
  • First Open Lien Mortgage Lender: FIRST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 11, 2020
  • First Open Lien Mortgage Loan Amount: $183,000
  • 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: May 11, 2050

    Market Valuation

  • Market Total Value: $174,400
  • Market Land Value: $13,000
  • Market Improvement Value: $161,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,400
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $161,400

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: May 11, 2020
  • Current Sale Transaction ID: 11760957425
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020002086
  • Previous Sale Recording Date: Feb 13, 2012
  • Previous Sale Contract Date: Feb 09, 2012
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY BANK
  • First Mortgage Transaction Date: May 11, 2020
  • First Mortgage Loan Amount: $183,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 11, 2050

About Avery



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Frequently Asked Questions

What neighborhood is 7540 Linville Falls Highway located in?
The 7540 Linville Falls Highway is a located in the neighborhood of Avery in Avery, Newland.
What is the average sales price for listings in 7540 Linville Falls Highway?
The average sales price for units in 7540 Linville Falls Highway is $0 currently.

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