NOT LISTED FOR SALE

001 Lothlorien Ln Marshall, NC 28753

Estimated Value: $60,064 - $472,000

4.86 Acres
$41,637 Price per Acre
211,702 Sq Ft Lot

Last Sold July 24, 2020

Last sale price $42,000

Est. 382% increase in value since last sale

Current estimated payment $1,141/month

19 Days on Market

About This Lot

As of July 2020

NEW PRICE! Look out over the French Broad River in the distance. Privacy, views and easily accessible. This parcel is located approximately 25 minutes from downtown Marshall in a small former development at the end of the road. Year round access road takes you directly to the parcel. A portion of it has been cleared and graded, ready for construction. Underground electricity is at the property and a well has been drilled and septic system installed. This one is ready to go! About the only restriction is no manufactured house or hunting. Ideal for a quiet retreat with a mountain view within walking distance of the French Broad River. Great value given the level of finish and improvements in place. Ready for your dream home!

Last Listed By

John Haynes

Keller Williams - Black Mtn. License #167245 Listed on: 05/19/2020

Keller Williams - Black Mtn.

Property Details

Property Type

  • Land

Lot Details

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 8788-55-1926
  • Tax Block 962

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.93541
  • Ratio Close Price By Original Li: 0.93541
  • Ratio Current Price By Acre: 8641.98
  • Restrictions: No Representation
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space

Exterior Features

  • Construction Type: Site Built

Utilities

  • Water: Well Installed

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View
  • Lot Size Area: 4.860
  • Parcel Number: 8788-55-1926
  • Zoning Specification: Open Use
  • Plat Book Slide: 4

Tax Info

  • Tax Value: 33652.00
  • Tax Block: 962
  • Tax Location: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Wener Joseph M and Clay Wakefield Katie
Bought by
Werner Joseph M
Total Days on Market
19
Current Estimated Value
$202,355

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 21, 2020
Sold by
Olson Connie
Bought by
Werner Joseph M and Clay Wakefield Katie
Seller's Agent
John Haynes
Keller Williams - Black Mtn.
Buyer's Agent
Kelly Frady
Allen Tate/Beverly-Hanks Asheville-North
List Price
$44,900
Sold Price
$42,000
Premium/Discount to List
-$2,900
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.41%
Original Mortgage
$31,500
Outstanding Balance
$18,562
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$180,680

Purchase Details

Closed on
Jan 18, 2005
Sold by
Scavelli Edward L and Scavelli Bonnie C
Bought by
Olson Connie

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Werner Joseph M -- None Available
Werner Joseph M $42,000 None Available
Olson Connie $45,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Joseph M $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $42,000 -6.5% --
06/07/2020 06/07/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $44,900 0.0% --
05/20/2020 05/20/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $44,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $229 $40,816 $40,816 $0
2022 $229 $40,816 $40,816 $0
2021 $229 $40,816 $40,816 $0
2020 $229 $40,816 $40,816 $0
2019 $199 $32,652 $32,652 $0
2018 $189 $0 $0 $0
2017 $189 $0 $0 $0
2016 $189 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $32,652 $32,652 $0
2013 -- $32,652 $32,652 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3608469

Canopy MLS (Canopy Realtor® Association)

APN: 8788-55-1926