NOT LISTED FOR SALE

1001 Coves Pheasant Ct Biltmore Lake, NC 28715

Estimated Value: $1,132,358 - $1,263,000

0.37 Acre
$3,254,297 Price per Acre
16,117 Sq Ft Lot

Last Sold December 05, 2014

Last sale price $72,000

Est. 1,572% increase in value since last sale

Current estimated payment $6,798/month

1,002 Days on Market

About This Lot

As of December 2014

Level lot among custom homes in desirable Biltmore Lake Community. Community amenities include 62 acre lake with swim beach, tennis and basketball courts, hiking and biking trails, firepit, clubhouse and more. Come build the home of your dreams. Neighborhood provides list of approved builders. One builder has attached his plans as an example or bring your own plans!

Last Agent to Sell the Property

Barbara Fiedler

Asheville Realty Group License #254446 Listed on: 02/07/2012

Last Buyer's Agent

Mitch Miller

Mountain Oak Properties LLC License #216062

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,667

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 9616-38-0027-00000

Property Details

Property Type

Land

Est. Annual Taxes

$4,667

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.80899
  • Ratio Close Price By Original Li: 0.80899
  • Ratio Current Price By Acre: 194594.59
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 122.00

Lot Info

  • Lot Size Area: 0.370
  • Parcel Number: 9616-38-0027-00000
  • Zoning Specification: RES
  • Plat Reference Section Pages: 3276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2019
Sold by
Wilkins Justin Ryan and Wilkins Allison King
Bought by
Smith Sandra Loubat
Current Estimated Value
$1,204,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Outstanding Balance
$194,304
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,009,786

Purchase Details

Listed on
Feb 7, 2012
Closed on
Nov 26, 2014
Sold by
Johnson Robin C and Johnson Robert Leslie
Bought by
Wilkins Justin Ryan and Wilkins Allison King
Seller's Agent
Barbara Fiedler
Asheville Realty Group
Buyer's Agent
Mitch Miller
Mountain Oak Properties LLC
List Price
$89,000
Sold Price
$72,000
Premium/Discount to List
-$17,000
-19.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.64%
Original Mortgage
$54,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Biltmore Farms Inc
Bought by
Johnson Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.43%
Mortgage Type
Unknown
Source: Public Records

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
Smith Sandra Loubat $771,000 None Available
Wilkins Justin Ryan $72,000 None Available
Johnson Robin C $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Sandra Loubat $221,000
Previous Owner Wilkins Justin Ryan $54,000
Previous Owner Johnson Robin C $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $72,000 -19.1% --
11/05/2014 11/05/14 Pending -- -- --
02/07/2012 02/07/12 For Sale $89,000 -- --
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
2025 $4,667 $731,900 $111,800 $620,100
2024 $4,667 $731,900 $111,800 $620,100
2023 $4,667 $731,900 $111,800 $620,100
2022 $4,340 $731,900 $0 $0
2021 $4,340 $731,900 $0 $0
2020 $4,101 $646,900 $0 $0
2019 $4,571 $721,000 $0 $0
2018 $4,463 $721,000 $0 $0
2017 $4,535 $80,600 $0 $0
2016 $559 $80,600 $0 $0
2015 $559 $80,600 $0 $0
2014 $559 $80,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM512537

Canopy MLS (Canopy Realtor® Association)

APN: 9616-38-0027-00000