NOT LISTED FOR SALE

102 E Cotton Ave Black Mountain, NC 28711

Estimated Value: $345,000 - $458,000

2 Beds
1 Bath
1,023 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 04, 2014

Last sale price $157,500 $154 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,293/month

11 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Wood Burning Fireplace
  • Cottage

About This Home

As of September 2014

LOCATION LOCATION! THIS 2-BR/1-BA home is adorable & has an open floor plan with large bedrooms. Square footage is not counted in upstairs room; with a little love you could finish large room upstairs and second bathroom off master. Walking distance to Greenway and downtown Black Mountain. Make an appointment today! This home want last long!

Last Agent to Sell the Property

Mary Noble Braden

Noble & Company Realty License #248568 Listed on: 07/25/2014

Co-Listed By

Eddie Colley

Keller Williams - Black Mtn. License #257918

Last Buyer's Agent

Sharon McConnaughy

GreyBeard Realty License #250855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 1919

Lot Details

  • 0.29

Home Design

  • Cottage

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property
  • Wood Burning Fireplace

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 0619-49-2940-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,205

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.08621
  • Ratio Close Price By Original Li: 1.08621
  • Ratio Current Price By Acre: 543103.45
  • Ratio Current Price By Sq Ft: 153.96
  • Year Built: 1919
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance, Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate Tile, Wood
  • Room Count: 2
  • Main Level Sq Ft: 1023
  • Total Sq Ft: 1023

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Utilities

  • Heating: No A/C, Oil Hot Air
  • Sewer: City Sewer

Lot Info

  • Parcel Number: 0619-49-2940-00000
  • Plat Reference Section Pages: 2887
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Sep 4, 2014
Sold by
Banks Michael D and Banks Sheila J
Bought by
Jennings Lisa N and Jennings Brian T
Seller's Agent
Mary Noble Braden
Noble & Company Realty
Buyer's Agent
Sharon McConnaughy
GreyBeard Realty
List Price
$145,000
Sold Price
$157,500
Premium/Discount to List
$12,500
8.62%
Current Estimated Value
$403,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,527
Avg. Annual Appreciation
8.78%
Original Mortgage
$121,395
Outstanding Balance
$92,874
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$310,153

Purchase Details

Closed on
Aug 16, 2002
Sold by
Banks Wayne E
Bought by
Banks Michael D
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
Jennings Lisa N $157,500 --
Jennings Lisa N $157,500 --
Banks Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Lisa N $121,395
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2014 09/04/14 Sold $157,500 +8.6% $154 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $145,000 -- $142 / Sq Ft
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 $2,205 $157,200 $116,400 $40,800
2024 $2,205 $262,900 $116,400 $146,500
2023 $2,205 $262,900 $116,400 $146,500
2022 $2,087 $262,900 $0 $0
2021 $2,087 $262,900 $0 $0
2020 $1,372 $159,200 $0 $0
2019 $1,372 $159,200 $0 $0
2018 $1,372 $159,200 $0 $0
2017 $0 $103,000 $0 $0
2016 $1,008 $103,000 $0 $0
2015 $1,034 $105,600 $0 $0
2014 $1,010 $103,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM567427

Canopy MLS (Canopy Realtor® Association)

APN: 0619-49-2940-00000