$250,000
SOLD APR 1, 2025

103 Center Ave Black Mountain, NC 28711

0.24 Acre
$1,041,667 Price per Acre
10,454 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

15% Below List Price

65 Days on Market

About This Lot

As of April 2025

Great opportunity to own a flat lot in the highly sought-after town of Black Mountain, offering the perfect blend of commercial and residential potential. This versatile property is zoned for multi-family development, providing a unique investment opportunity with the flexibility for both residential and commercial uses. The lot is located within walking distance to popular shops, restaurants, and local amenities, making it an ideal location for mixed-use development or short-term rental options, which are allowed here without restriction -- maximizing its income potential.
All essential utilities are onsite, with electric, water, and sewer service already in place. Whether you’re looking to build a multi-family complex, a small commercial venture, or your dream home in a vibrant community, this lot offers endless possibilities. With its prime location in desirable downtown Black Mountain, it’s a rare find that won’t last long.

Last Agent to Sell the Property

Alejo Rottenberg

GreyBeard Realty Brokerage Email: alejo@greybeardrealty.com License #280112 Listed on: 12/10/2024

Last Buyer's Agent

Chris Faivor

NorthGroup Real Estate LLC License #320101

NorthGroup Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $747

Lot Details

  • Cleared Lot
  • Possible uses of the property include Commercial, Multi-Family, Private Estate, Recreational, Residential
  • Property is zoned HB-8, HB

Property Views

  • City
  • Mountain

Additional Features

  • Shed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0619-46-2556-00000

Property Details

Property Type

Land

Est. Annual Taxes

$747

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions,Short Term Rental Allowed
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: alejo@greybeardrealty.com
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Private Estate, Recreational, Residential

Exterior Features

  • Exterior Features: Storage
  • View: City, Long Range, Mountain(s), Year Round
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Other Structures: Shed(s)

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Views
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Parcel Number: 0619-46-2556-00000
  • Zoning: HB
  • Can Be Subdivided: 0
  • Cleared Acres: 0.24
  • ResoLotSizeUnits: Acres
  • Zoning Specification: HB-8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Mar 31, 2025
Sold by
Ezelle Michael H and Ezelle Wendy J
Bought by
Nordhus Black Mountain Llc
Seller's Agent
Alejo Rottenberg
GreyBeard Realty
Buyer's Agent
Chris Faivor
NorthGroup Real Estate LLC
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%
Views
20
Current Estimated Value
$256,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,333
Avg. Annual Appreciation
5.11%
Original Mortgage
$808,500
Outstanding Balance
$545,130
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
-$289,463

Purchase Details

Closed on
Jun 25, 2018
Sold by
Sullins Douglas Royce
Bought by
Golden Amy Jo
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 Type Sale Price Title Company
Warranty Deed $250,000 None Listed On Document
Warranty Deed $250,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $808,500 Construction
Closed $808,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $250,000 -15.3% $117 / Sq Ft
12/10/2024 12/10/24 For Sale $295,000 -3.3% $138 / Sq Ft
04/29/2022 04/29/22 Sold $305,000 -23.3% $140 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
09/15/2021 09/15/21 Price Changed $397,500 -1.9% $183 / Sq Ft
08/03/2021 08/03/21 For Sale $405,000 0.0% $186 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $405,000 +170.0% $186 / Sq Ft
06/19/2013 06/19/13 Sold $150,000 -57.1% $64 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
02/20/2009 02/20/09 For Sale $350,000 -- $149 / 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
2024 $747 $89,100 $89,100 --
2023 $747 $250,300 $89,100 $161,200
2022 $1,987 $250,300 $0 $0
2021 $1,987 $250,300 $0 $0
2020 $1,646 $191,100 $0 $0
2019 $1,732 $201,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4206087

Canopy MLS (Canopy Realtor® Association)

APN: 0619-46-2556-00000