468 Deer Park Lake Rd, Spruce Pine, NC, 28777

$574,000

Home List Price

$6,816*

Closing Credit

7 Bedrooms
5 Full Baths
4,342 SqFt
$132/SqFt
Multi

Location

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468 Deer Park Lake Rd, Spruce Pine$574,000

Buyer Closing Credits

$6,816*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAttached Carport, Attached Garage, Garage Door Opener, Parking Space(s), RV Access/Parking
Attached GarageYes
Year Built1968
HeatingKerosene, Other
CoolingNone
WaterfrontNone
FireplaceOther - See Remarks
ViewOther
MLS #4068097
StatusActive

About 468 Deer Park Lake Rd

Welcome to your next investment opportunity! Nestled in a picturesque country setting this newly remodeled Four-Plex on seven plus acres located for convenience is your gateway to a lucrative real estate venture in an area with a pressing need for rental units. This is an a great opportunity for investors seeking income or residents looking to call this serene property their home. With the location just a few minutes to shopping and medical facilities. The Brick Ranch home has had an extensive remodel with new Aldhurst Waterproof Core flooring, New windows, Paint and lighting throughout, New Kitchen in unit 1 and granite countertops in two of the four units, New garage door with opener, New 7 bedroom septic system, Survey and much more. Agents please see the list attached and share with your clients. Contact us today to explore this property and discover the investment that you've been searching for. Mobile home at road in the street view is no longer on the the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1968
  • Living Area: 4,342 SqFt

Listing Office:

  • Office Name: Absolute Bespoke Properties LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Exhaust Fan, Refrigerator
  • Flooring Type: Laminate
  • Interior: Walk-In Pantry
  • Fireplace: Other - See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Other

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport, Attached Garage, Garage Door Opener, Parking Space(s), RV Access/Parking

Utilities

Utilities Information:

  • Heating: Kerosene, Other
  • Cooling: None

Other

Directions Information:

  • Directions: Use GPS to locate this property. Sign in front yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $574,000
  • Price Per SqFt: $132/SqFt

Tax Information:

  • Annual Amount: $1,554
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Spruce Pine, NC.

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Spruce Pine, NC

City

Med. Sold Price

$248.6K

Med. Price/SqFt

$184

Avg. Days On Market

57

# of Sold Homes

4

468 Deer Park Lake Rd vs Spruce Pine

436 DAYS ON ROCKET

+379 Days

$574,000

+$325.3K More

$132/SqFt

-$52 Less

KEY TAKEAWAY

This property is $325.3K more than the Median Sold Price and $52/SqFt less than other homes in Spruce Pine, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4068097

Listing Office:

  • Office Name: Absolute Bespoke Properties LLC

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,554$239,000
2020$1,554$239,000
2019$1,554$239,000
2018$1,554$239,000

History based on county public records data.

Payment Calculator

$2,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,787

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-419603
5
/10

  • Deyton Elementary School

  • 308 Harris St

  • 0.85 miles

  • Public District Grades 3-5

school-card-donut-419604
5
/10

  • Riverside Elementary School

  • 8020 S US 19E Hwy

  • 6.17 miles

  • Public District Grades PK-5

school-card-donut-419605
5
/10

  • Micaville Elementary School

  • 112 State Highway 80 S

  • 7.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,895. Residents of Spruce Pine, NC typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Mitchell County›Spruce Pine›28777›468 Deer Park Lake Rd

This home is located at 468 Deer Park Lake Rd in Spruce Pine, NC and zip code 28777. This 4,342 square foot home was built in 1968. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 12, 2023 and is currently priced at $574,000.

In October 2024, from all listings sold in Spruce Pine, NC there were more than 0 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. Between September 2024 and October 2024, Spruce Pine, NC real estate market has seen decrease in the number of listings by 3.6%. Listings spent 57 days on the market in October 2024, and had a median list price of $248,626 during the same period.

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

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