NOT LISTED FOR SALE

108 Mississippi Road Ext None Montreat, NC 28757

Estimated Value: $927,504 - $1,216,000

4 Beds
4 Baths
2,545 Sq Ft
$412/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $640,000 $251 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,965/month

78 Days on Market

Highlights

  • Spa
  • Community Lake
  • Wood Flooring
  • Open Floorplan
  • Wooded Lot
  • Recreation Facilities

About This Home

As of February 2020

Secluded mountainside oasis with year-round mountain views in desirable Montreat. This stunning home features a light-filled open floor plan designed to showcase the long-range mountain views. The main level living space includes a spacious living room with vaulted ceilings, wood-burning fireplace, and open kitchen featuring granite countertops and a large island. Enjoy 4 bedrooms, each with an en-suite bathroom, offering bedroom options on each level. The lower level features a large family room. Abundant outdoor living space includes a wrap-around deck on the main level, private decks off both upper-level bedrooms, backyard fire pit, and a private hot tub! This home has been a successful vacation rental grossing over $70,000 annually. Montreat is a quiet community surrounded by the Blue Ridge Mountains. 30+ miles of trails wind through hundreds of acres of wilderness, along creeks, and across rustic bridges. All of this just minutes from charming Black Mountain.

Last Agent to Sell the Property

Alec Cantley

Premier Sotheby’s International Realty License #271844 Listed on: 10/07/2019

Premier Sotheby’s International Realty

Last Buyer's Agent

Kirstie Conner

Greybeard Realty Old Fort Office License #305953

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • Wooded Lot
  • Many Trees

Parking

  • Shared Driveway

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Spa
  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 0710-45-5246-00000

Community Details

Overview

  • Community Lake

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.98477
  • Ratio Close Price By Original Li: 0.88288
  • Ratio Current Price By Acre: 1729729.73
  • Ratio Current Price By Sq Ft: 251.47
  • Year Built: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 697
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer, Oven, Exhaust Hood, Washer
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Basement Shop, Hot Tub, Kitchen Island, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 815
  • Main Level Sq Ft: 1033
  • Total Sq Ft: 2545
  • Sq Ft Unheated Basement: 216
  • Sq Ft Unheated Total: 216

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Hot Tub

Garage/Parking

  • Driveway: Asphalt, Shared
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Playground, Recreation Area, Walking Trails

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Long Range View, Mountain View, Trees, Views, Wooded, Year Round View
  • Lot Size Area: 0.370
  • Parcel Number: 0710-45-5246-00000
  • Plat Book Slide: 0172/0167
  • Plat Reference Section Pages: 0172/0167
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 519300.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Feb 24, 2020
Sold by
Harris William T and Harris Loree E
Bought by
Gleason Amy N and Groah Joey S
Seller's Agent
Alec Cantley
Premier Sotheby’s International Realty
Buyer's Agent
Kirstie Conner
Greybeard Realty Old Fort Office
List Price
$724,900
Sold Price
$640,000
Premium/Discount to List
-$84,900
-11.71%
Current Estimated Value
$983,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,396
Avg. Annual Appreciation
8.05%
Original Mortgage
$512,000
Outstanding Balance
$459,086
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$518,193

Purchase Details

Listed on
Jan 24, 2017
Closed on
Apr 3, 2017
Sold by
Eckard Robert L and Eckard Carol K
Bought by
Harris William T and Harris Loree E
Seller's Agent
Rosie Johnson
GreyBeard Realty
Buyer's Agent
Alec Cantley
Premier Sotheby’s International Realty
List Price
$519,000
Sold Price
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$415,200
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1996
Sold by
Robert L Eckard
Bought by
Eckard and Eckard
Source: Public Records

Range of Values:

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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
Gleason Amy N $640,000 None Available
Harris William T $519,000 None Available
Eckard $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleason Amy N $512,000
Previous Owner Harris William T $415,200
Previous Owner Rckard Robert L $277,900
Previous Owner Eckard Robert L $286,900
Previous Owner Eckard Robert L $188,551
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $640,000 -1.5% $251 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
11/15/2019 11/15/19 Price Changed $649,900 -7.1% $255 / Sq Ft
10/30/2019 10/30/19 Price Changed $699,900 -3.4% $275 / Sq Ft
10/07/2019 10/07/19 For Sale $724,900 +39.7% $285 / Sq Ft
04/06/2017 04/06/17 Sold $519,000 0.0% $204 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $519,000 -- $204 / 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
2023 $6,971 $661,100 $103,200 $557,900
2022 $6,776 $661,100 $0 $0
2021 $6,776 $661,100 $0 $0
2020 $5,603 $519,300 $0 $0
2019 $5,499 $519,300 $0 $0
2018 $5,499 $519,300 $0 $0
2017 $0 $486,800 $0 $0
2016 $5,418 $486,800 $0 $0
2015 $5,418 $486,800 $0 $0
2014 $5,418 $486,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3553825

Canopy MLS (Canopy Realtor® Association)

APN: 0710-45-5246-00000