NOT LISTED FOR SALE

103 Meadow Lake Rd Asheville, NC 28803

Estimated Value: $438,000 - $536,000

3 Beds
2 Baths
1,607 Sq Ft
$305/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $415,000 $258 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,805/month

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Mountain View
  • Wood Flooring
  • T.C. Roberson High School Rated A
  • Hilly Lot
  • Corner Lot

About This Home

As of February 2023

This one is special! Great 3/2 Classic Cape Cod in highly sought after Forest Lake community is ready for your final personal touches to make it the perfect Asheville home! Sitting on a fantastic corner lot with a near mountain view less than a block from the lake and near community walking trails this home has a spacious kitchen w granite and stainless. Lovely wood floors in the open-concept living, dining and kitchen areas. Primary bedroom and laundry on the main level for your convenience. Storage is no problem w a 2 car garage & ample closets. Sip your coffee on the front porch in the morning and wave to the friendly neighbors strolling by. In the evening hang in the private cozy back yard space grill on the deck and gather around the fire pit. This is the one you've been waiting for!

Last Agent to Sell the Property

Chris Mako

Landon Key Realty License #299327 Listed on: 01/20/2023

Last Buyer's Agent

Rhonda Turpin

GreyBeard Realty License #320563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1991

Lot Details

  • 9,147 Sq Ft Lot
  • Corner Lot
  • Hilly Lot
  • Property is zoned RS4

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Entrance Foyer
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • William Estes Elementary School
  • Valley Springs Middle School
  • T.C. Roberson High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9656-48-8339-00000
  • Tax Block A

Community Details

Overview

  • Forest Lake Subdivision
  • Property has a Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 1991
  • Restrictions: Other - See Remarks
  • Restrictions Description: See covenants
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 258.25
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Attic Stairs Pulldown, Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1006
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 601
  • Appliances: Dishwasher, Dryer, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1607
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Living Room
  • Living Area: 1607
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s)
  • Waterfront Features: Lake, Other - See Remarks
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Garage, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Utilities: Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes
  • Association Email: forestlakeownersassociation@gmail.com

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Hilly
  • Lot Size Units: Acres
  • Parcel Number: 9656-48-8339-00000
  • Zoning: RS4
  • Plat Book Slide: 57
  • Plat Reference Section Pages: 174
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS4

Tax Info

  • Tax Block: A

MLS Schools

  • Elementary School: William Estes
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 3, 2023
Sold by
Maxwell Reay Kaplan and Maxwell Michael Jeremy
Bought by
Grogan Harold D and Grogan Judy B
Seller's Agent
Chris Mako
Landon Key Realty
Buyer's Agent
Rhonda Turpin
GreyBeard Realty
List Price
$419,900
Sold Price
$415,000
Premium/Discount to List
-$4,900
-1.17%
Views
30
Current Estimated Value
$489,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,891
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Jul 5, 2006
Sold by
Smith Mary C Leh
Bought by
Kaplan Joan C

Purchase Details

Closed on
Jan 1, 1998
Sold by
Barg George E and Barg Rosemary A
Bought by
Smith Mary C Leh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.01%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Grogan Harold D $415,000 --
Kaplan Joan C $249,000 None Available
Smith Mary C Leh $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Mary C Leh $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2023 02/07/23 Sold $415,000 -1.2% $258 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $419,900 -- $261 / 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 $2,612 $281,800 $70,000 $211,800
2024 $2,612 $281,800 $70,000 $211,800
2023 $2,612 $288,800 $70,000 $218,800
2022 $2,573 $288,800 $0 $0
2021 $2,573 $288,800 $0 $0
2020 $2,417 $252,300 $0 $0
2019 $2,417 $252,300 $0 $0
2018 $2,417 $252,300 $0 $0
2017 $2,442 $191,200 $0 $0
2016 $2,063 $191,200 $0 $0
2015 $2,063 $191,200 $0 $0
2014 $2,034 $191,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3935360

Canopy MLS (Canopy Realtor® Association)

APN: 9656-48-8339-00000