NOT LISTED FOR SALE

101 High Cliffs Trail Unit 22 Black Mountain, NC 28711

Estimated Value: $207,408

10 Acres
$20,354 Price per Acre
443,876 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $150,000

Est. 38% increase in value since last sale

Current estimated payment $1,315/month

658 Days on Market

Highlights

  • Gated Community
  • Trails
  • Many Trees
  • Private Lot

About This Lot

As of March 2021

STUNNING Long Range VIEWS with a HUGE LEVEL building site/yard. Easy access, and close to Black Mountain, Chimney Rock, Bat Cave and Lake Lure. 10 plus acres in gated mountain community. Walking trails.

Last Agent to Sell the Property

Christy McFadden

GreyBeard Realty License #308336 Listed on: 03/12/2019

Last Buyer's Agent

Marc Canter

Summit Realty Of WNC Inc License #197494

Property Details

Property Type

  • Land

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $83 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 0646-36-0458-00000

Community Details

Overview

  • High Cliffs Poa, Phone Number (954) 864-4027

Recreation

  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.93750
  • Ratio Close Price By Original Li: 0.83333
  • Ratio Current Price By Acre: 14720.31
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 954-864-4027

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Gated Community, Walking Trails
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • HOA Management Company: High Cliffs POA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Long Range View, Mountain View, Paved Frontage, Private, Sloping, Steep, Trees, Views, Winter View, Year Round View
  • Lot Size Area: 10.190
  • Parcel Number: 0646-36-0458-00000
  • Zoning Specification: OU

Tax Info

  • Tax Value: 142500.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Feb 25, 2021
Sold by
Manshanth Llc
Bought by
Summerall Scott Anthony and Summerall Annette Marie
Seller's Agent
Christy McFadden
GreyBeard Realty
Buyer's Agent
Marc Canter
Summit Realty Of WNC Inc
List Price
$180,000
Sold Price
$150,000
Premium/Discount to List
-$30,000
-16.67%
Total Days on Market
658
Current Estimated Value
$207,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,408
Avg. Annual Appreciation
7.45%
Original Mortgage
$105,000
Outstanding Balance
$95,188
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$109,569

Purchase Details

Closed on
Aug 28, 2007
Sold by
Mohamed Faisal and Mohamed Faisal Revocable Trust
Bought by
Manshanth Llc

Purchase Details

Closed on
Aug 5, 2005
Sold by
Caulder Land Development Llc
Bought by
The Mohamed Faisal Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,574
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Summerall Scott Anthony $150,000 None Available
Manshanth Llc -- None Available
The Mohamed Faisal Revocable Trust $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerall Scott Anthony $105,000
Previous Owner The Mohamed Faisal Revocable Trust $246,574
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $150,000 -6.3% --
12/29/2020 12/29/20 Pending -- -- --
11/18/2020 11/18/20 Price Changed $160,000 -11.1% --
03/09/2020 03/09/20 For Sale $180,000 +20.0% --
03/08/2020 03/08/20 Off Market $150,000 -- --
03/12/2019 03/12/19 For Sale $180,000 -- --
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
2023 $966 $142,500 $142,500 $0
2022 $0 $142,500 $142,500 $0
2021 $923 $142,500 $0 $0
2020 $982 $142,500 $0 $0
2019 $982 $142,500 $0 $0
2018 $982 $142,500 $0 $0
2017 $0 $178,100 $0 $0
2016 $1,325 $178,100 $0 $0
2015 $1,325 $178,100 $0 $0
2014 $1,325 $178,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3482866

Canopy MLS (Canopy Realtor® Association)

APN: 0646-36-0458-00000