M
Seller's Agent in 2024
Michael Diamond
Master Diamond Properties, Inc
(828) 284-7893
25 Total Sales
1085 Arcadia Falls Way Black Mountain, NC 28711
Estimated Value: $831,000 - $1,152,000
5
Beds
4.5
Baths
2,804
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- New Construction
- Open Floorplan
- Deck
- Spa
- Mountain View
- Wooded Lot
About This Home
As of April 2024This custom new log home is in the gated community of Catawba Falls Preserve with stunning mountain views and miles of hiking trails into the Pisgah National Forest. 4 ensuite bedrooms plus 1 bonus bedroom. The home offers long range views of the surrounding mountains with beautiful sunsets. Short term rentals allowed. 4 bedroom septic permit. Located just 15-20 minutes to the town of Black Mountain and 30-35 minutes to Asheville. Great property for a full time residence, second home, or income producing short term rental property.
Last Agent to Sell the Property
Master Diamond Properties, Inc Brokerage Email: info@masterdiamondnc.com License #280444 Listed on: 02/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,500
Year Built
- Built in 2023 | New Construction
Lot Details
- Paved or Partially Paved Lot
- Wooded Lot
HOA Fees
- $100 Monthly HOA Fees
Parking
- Circular Driveway
Home Design
- Cabin
- Metal Roof
- Log Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Wood Burning Fireplace
- Vinyl Flooring
- Mountain Views
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Dryer
Finished Basement
- Walk-Out Basement
- Natural lighting in basement
Outdoor Features
- Spa
- Balcony
- Deck
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Community Details
- Ipm Property Mgt Association
- Catawba Falls Preserve Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 0638-00-32-9249
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Apr 11, 2024
Sold by
Catawba Falls Vacation Rentals Llc
Bought by
Nicholson Brian and Nicholson Staci
Seller's Agent
Michael Diamond
Master Diamond Properties, Inc
Buyer's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$1,050,000
Sold Price
$1,050,000
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,341
Avg. Annual Appreciation
0.76%
Original Mortgage
$766,550
Outstanding Balance
$758,581
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$301,816
Purchase Details
Closed on
Nov 5, 2021
Sold by
Gunning Chris J and Gunning Claudine L
Bought by
Catawba Falls Vacation Rentals Llc
Purchase Details
Closed on
Jan 5, 2021
Sold by
Scott Charles F and Scott Marjorie A
Bought by
Gunning Chris J and Gunning Claudine I
Purchase Details
Closed on
Jun 11, 2011
Sold by
Scott Charles F and Scott Marjorie A
Bought by
Scott Charles F and Scott Marjorie A
Purchase Details
Closed on
Mar 15, 2005
Sold by
Philcox Michael John and Philcox Ana Maria
Bought by
Scott Charles F and Scott Marjorie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nicholson Brian | $1,050,000 | None Listed On Document | |
| Catawba Falls Vacation Rentals Llc | $16,000 | None Available | |
| Gunning Chris J | $16,000 | None Available | |
| Scott Charles F | -- | None Available | |
| Scott Charles F | $55,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nicholson Brian | $766,550 | |
| Previous Owner | Scott Charles F | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2024 04/23/24 | Sold | $1,050,000 | 0.0% | $374 / Sq Ft |
| 02/29/2024 02/29/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $1,050,000 | -- | $374 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $3,500 | $516,210 | $31,500 | $484,710 |
| 2023 | $214 | $31,500 | $31,500 | $0 |
| 2022 | $193 | $28,000 | $28,000 | $0 |
| 2021 | $193 | $28,000 | $28,000 | $0 |
| 2020 | $195 | $28,000 | $0 | $0 |
| 2019 | $195 | $0 | $0 | $0 |
| 2017 | $673 | $105,000 | $0 | $0 |
| 2016 | $673 | $0 | $0 | $0 |
| 2014 | $640 | $105,000 | $105,000 | $0 |
| 2013 | -- | $105,000 | $105,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
(828) 713-2060
156 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4114307
APN: 0638-00-32-9249
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