198 Welcome Ln, Otto, NC, 28763

$565,000

Home List Price

$6,709*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,992 SqFt
$189/SqFt
House

Location

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198 Welcome Ln, Otto$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Attached Garage, Garage Faces Side
Attached GarageYes
Year Built1975
HeatingHeat Pump
CoolingHeat Pump
BasementYes
FireplaceDen, Living Room, Wood Burning
ViewOther, Mountain(s)
MLS #4131614
StatusActive

About 198 Welcome Ln

Experience mountain living at its finest with this picturesque property offering unrestricted land & expansion potential. Nestled among stunning mountain vistas, this completely renovated farmhouse blends modern comfort with rustic charm. Enjoy an entertainer's paradise with open-concept living spaces, including a spacious living room, family room, & den. Main floor living features 2-beds & 1.5 baths, while dual laundry hookups on both levels ensure effortless functionality. Downstairs boasts a spacious bedroom, full bath, a den with woodburning fireplace, & ample storage throughout. The expansive land beckons with endless possibilities, whether cultivating a vibrant garden, establishing a charming mini-farm, or envisioning additional dwellings to suit your dreams. With separate septic installed and access to a shared well, the groundwork is laid for your vision to flourish. Centrally located to surrounding towns. Don't miss out & prepare to make your mountain living dreams a reality.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1975
  • Living Area: 2,992 SqFt

Listing Office:

  • Office Name: Keller Williams Great Smokies

Interior Features

Interior Information:

  • Appliances: Dishwasher, Double Oven, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Oven
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Kitchen Island, Open Floorplan
  • Fireplace: Den, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other, Mountain(s)

Parking Information:

  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage, Garage Faces Side

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From the south US-441/US-64 intersection in Franklin, head south on US-441 for appx 8 miles. Turn Lt onto Welcome Lane. Property is the 2nd residence on your Lt.

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $189/SqFt

Tax Information:

  • Annual Amount: $1,469
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Number: #4131614

Listing Office:

  • Office Name: Keller Williams Great Smokies

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 10:51:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 01, 2021Home Sold
$240,000
Jul 07, 2020Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,469$228,900
2020$1,338$228,900
2019$1,299$228,900
2018$1,242$231,130
2017$934$231,140

History based on county public records data.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-510737
5
/10

  • South Macon Elementary School

  • 855 Addington Bridge Rd

  • 4.59 miles

  • Public District Grades PK-4

school-card-donut-510738
6
/10

  • Cartoogechaye Elementary School

  • 3295 Old Murphy Rd

  • 8.75 miles

  • Public District Grades PK-4

school-card-donut-510739
5
/10

  • East Franklin Elementary School

  • 100 Watauga St

  • 9.75 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,058. Most Macon County, NC residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 198 Welcome Ln

What is the listing price of this property?

The listing price of 198 Welcome Ln property is $565,000.

What type of property is this?

The property 198 Welcome Ln is a house located in Otto, North Carolina, 28763.

Is this property for sale now?

Active Listing: 198 Welcome Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,469 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 1, 2021 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 198 Welcome Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 198 Welcome Ln is 2,992 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 198 Welcome Ln is 1975.

Rocket Homes›North Carolina›Macon County›Otto›28763›198 Welcome Ln

This home is located at 198 Welcome Ln in Otto, NC and zip code 28763. This 2,992 square foot home was built in 1975. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $565,000.

In October 2024 more than 0 listings in Macon County, NC were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 2 were sold below. Between September 2024 and October 2024, Macon County, NC real estate market has seen increase in the number of listings by 8.5%. While the average time on the market in October 2024 was 38 days, the median list price was $425,000.

From Rocket Homes Real Estate and based on county public records data.

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