Investment Opportunity: Duplex with 2 bedrooms and 2 baths each, built in 2006. Both units are approximately 980 sq ft, offering single-level living with minimal steps. The property is move-in ready, situated conveniently between Hendersonville and Brevard. Abundant parking is available, and tenants pay their own utilities. Currently, both units are leased on long-term rental agreements, making this an ideal turnkey investment for those looking to enter or expand their real estate portfolio. Don't miss out on this low-maintenance, income-generating property in a prime location.
Closed
$350,000
61 E Meadow Ln, Horse Shoe, NC 28742
4beds
4baths
1,960sqft
Duplex
Built in 2006
-- sqft lot
$378,100 Zestimate®
$179/sqft
$1,820 Estimated rent
Home value
$378,100
$359,000 - $401,000
$1,820/mo
Zestimate® history
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$2,080/mo
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$2,080/mo
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Zillow last checked:
Listing updated:
Listed by:
Lee Stepp lee.stepp@allentate.com,
Howard Hanna Beverly-Hanks
Bought with:
Michael Blum
Keller Williams Mtn Partners, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4079924
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator
- Laundry: Inside
Features
- Flooring: Carpet, Linoleum
- Has basement: No
Interior area
- Total structure area: 1,960
- Total interior livable area: 1,960 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 0.3 Acres
Details
- Parcel number: 9529025203 / 9973387
- Zoning: R1
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex
Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Meadows Of Etowah
Location
- Region: Horse Shoe
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $283,800
- Annual tax amount: $1,550
- Date on market: 10/18/2023
- Cumulative days on market: 86 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2024 | Sold | $350,000-6.7%$179/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4079924 Report a problem | ||
| 10/18/2023 | Listed for sale | $375,000+138.9%$191/sqft |
Source: Canopy MLS as distributed by MLS GRID #4079924 Report a problem | ||
| 6/12/2014 | Sold | $157,000-7.6%$80/sqft |
Source: Canopy MLS as distributed by MLS GRID #NCM552740 Report a problem | ||
| 5/9/2014 | Pending sale | $169,900$87/sqft |
Source: ERA Oates Realty Associates, Inc. #552740 Report a problem | ||
| 12/10/2013 | Listed for sale | $169,900-5.6%$87/sqft |
Source: ERA Oates Realty Associates, Inc. #552740 Report a problem | ||
| 10/7/2013 | Listing removed | $179,900$92/sqft |
Source: CENTURY 21 Mountain Lifestyles #516147 Report a problem | ||
| 8/2/2013 | Price change | $179,900-10%$92/sqft |
Source: CENTURY 21 Mountain Lifestyles #516147 Report a problem | ||
| 4/4/2013 | Price change | $199,900-4.8%$102/sqft |
Source: CENTURY 21 Mountain Lifestyles #516147 Report a problem | ||
| 4/8/2012 | Listed for sale | $209,900$107/sqft |
Source: CENTURY 21 Mountain Lifestyles LLC #516147 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,550 | $283,800 |
| 2023 | $1,550 +26.4% | $283,800 +56.5% |
| 2022 | $1,226 | $181,300 |
| 2021 | -- | $181,300 |
| 2020 | $1,226 | $181,300 |
| 2019 | $1,226 | $181,300 +11.1% |
| 2018 | $1,226 +12.1% | $163,200 |
| 2017 | $1,093 | $163,200 |
| 2016 | -- | $163,200 |
| 2015 | -- | $163,200 -16.3% |
| 2014 | -- | $195,000 |
| 2013 | -- | $195,000 |
| 2012 | -- | $195,000 |
| 2011 | -- | $195,000 -14.4% |
| 2010 | -- | $227,800 |
| 2009 | -- | $227,800 |
| 2008 | -- | $227,800 |
| 2007 | -- | $227,800 |
Find assessor info on the county website
Neighborhood: 28742
Nearby homes
- $219,3002 bd2 ba980 sqft77 E Meadow Ln UNIT A, Horse Shoe, NC 28742Off Market
- $242,800-- bd-- ba980 sqft77B E Meadow Ln, Horse Shoe, NC 28742Off Market
- $367,5003 bd2 ba1.6k sqft49 E Meadow Ln, Horse Shoe, NC 28742Off Market
- $225,6002 bd2 ba980 sqft77 E Meadow Ln #B, Hendersonville, NC 28792Off Market
- $244,1002 bd2 ba980 sqft77 E Meadow Ln, Hendersonville, NC 28792Off Market
- $342,5003 bd2 ba1.2k sqft13 Meadow Dr, Horse Shoe, NC 28742Off Market
- $---- bd-- ba-- sqft77 E Meadow Ln, Horse Shoe, NC 28742Off Market
- $399,7003 bd2 ba1.7k sqft15 Meadow Dr, Horse Shoe, NC 28742Off Market
Nearby schools
GreatSchools rating
- 9/10Mills River ElementaryGrades: PK-5Distance: 4.8 mi
- 7/10Rugby MiddleGrades: 6-8Distance: 6.4 mi
- 8/10West Henderson HighGrades: 9-12Distance: 6.6 mi
Schools provided by the listing agent
- Elementary: Mills River
- Middle: Rugby
- High: West Henderson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$378,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$378,100
- North Carolina
- Henderson County
- Horse Shoe
- 28742
- 61 E Meadow Ln
Nearby cities
Nearby zip codes
Other Horse Shoe Topics
