NOT LISTED FOR SALE

101 Sumner Dr Unit OFF GLENN BRIDGE RD. Arden, NC 28704

Estimated Value: $1,254,744

25.08 Acres
$50,030 Price per Acre
1,092,485 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $600,000

Est. 109% increase in value since last sale

Current estimated payment $6,951/month

1,758 Days on Market

Highlights

  • Hilly Lot
  • Private Lot
  • Shed
  • T.C. Roberson High School Rated A
  • Wooded Lot

About This Lot

As of September 2021

Gently rolling 25-acre woodlands in growth area of South Asheville. Secluded and surrounded by wheat and cornfields yet accessible to south Asheville amenities, Asheville Regional Airport and Sierra Nevada Brewery. EMP zoning allows for a multitude of residential & commercial uses. Great for glamour-camping, family compound, light commercial or subdivision - must verify all use as to compatibility with zoning. Note: Duke Energy is extending public water to the site and will provide one tap. See ML 3261749 for adjacent 17.8 acres under different (related family) ownership. Easement and ROW negotiations underway for water extension and improved access. Take a new and exciting look at this property - Duke Energy has agreed to extend water in resolution to any concerns over coal ash - this property has new life and things are about to change! Extended Days on Market are a direct result of the uncertainty over Duke's plans.

Last Agent to Sell the Property

Mark Morris

NAI Allen Tate Beverly-Hanks Commercial License #46982 Listed on: 05/31/2016

NAI Allen Tate Beverly-Hanks Commercial

Last Buyer's Agent

Terry Peterson

NAI Allen Tate Beverly-Hanks Commercial License #177585

NAI Allen Tate Beverly-Hanks Commercial

Property Details

Property Type

  • Land

Lot Details

  • Private Lot
  • Hilly Lot
  • Wooded Lot
  • Many Trees
  • Property is zoned Commercial Acreage

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 9644-11-7677-00000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Unimproved Commercial
  • Ratio Close Price By List Price: 0.80000
  • Ratio Close Price By Original Li: 0.68571
  • Ratio Current Price By Acre: 23923.44
  • Restrictions: No Restrictions
  • Special Features: None

Exterior Features

  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Schools

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

Lot Info

  • Lot Dimension: 809X815X1033X425X214X207X139X263X166X753X772X796
  • Lot Features: Hilly, Mountain View, Private, Sloping, Trees, Wooded
  • Lot Size Area: 25.080
  • Parcel Number: 9644-11-7677-00000
  • Zoning: Commercial Acreage
  • Zoning Specification: EMP
  • Plat Reference Section Pages: 1930
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 540700.00
  • Tax Amount Ncm: 3033.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Huggins David and Huggins Suzanne
Bought by
Arden Investors 270 Llc
Current Estimated Value
$1,254,744

Purchase Details

Closed on
Sep 26, 2023
Sold by
Webster Bryant D
Bought by
Huggins David and Huggins Suzanne

Purchase Details

Closed on
May 25, 2021
Sold by
Huggins David and Huggins Suzanne
Bought by
Asheville Stay Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2008
Sold by
Sumner Teresa
Bought by
Huggins David and Huggins Suzanne
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
Arden Investors 270 Llc $1,200,000 Madison Title
Arden Investors 270 Llc -- None Listed On Document
Arden Investors 270 Llc -- None Listed On Document
Arden Investors 270 Llc $1,200,000 Madison Title
Arden Investors 270 Llc $1,200,000 Madison Title
Huggins David $764,516 None Listed On Document
Huggins David $764,516 None Listed On Document
Asheville Stay Inc $600,000 None Available
Huggins David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asheville Stay Inc $598,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $600,000 -20.0% --
03/24/2021 03/24/21 Pending -- -- --
06/09/2020 06/09/20 For Sale $750,000 0.0% --
02/24/2020 02/24/20 Price Changed $750,000 +25.0% --
02/17/2020 02/17/20 Pending -- -- --
01/31/2020 01/31/20 Off Market $600,000 -- --
06/20/2019 06/20/19 Price Changed $700,000 -6.7% --
01/10/2019 01/10/19 For Sale $750,000 +25.0% --
12/31/2018 12/31/18 Off Market $600,000 -- --
05/31/2016 05/31/16 For Sale $875,000 -- --
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 $3,584 $582,200 $582,200 --
2024 $3,584 $582,200 $582,200 --
2023 $3,584 $582,200 $582,200 $0
2022 $3,412 $582,200 $0 $0
2021 $3,777 $644,600 $0 $0
2020 $3,406 $540,700 $0 $0
2019 $3,406 $540,700 $0 $0
2018 $3,406 $540,700 $0 $0
2017 $3,406 $436,400 $0 $0
2016 $3,033 $436,400 $0 $0
2015 $3,033 $436,400 $0 $0
2014 $3,033 $436,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3182535

Canopy MLS (Canopy Realtor® Association)

APN: 9644-11-7677-00000