NOT LISTED FOR SALE

109 Hibiscus Ln Unit 5 Asheville, NC 28803

Estimated Value: $474,657 - $582,000

3 Beds
3 Baths
2,051 Sq Ft
1,742 Sq Ft Lot

Last Sold October 23, 2015

Last sale price $260,500 $127 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,903/month

212 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Fireplace
  • Glen Arden Elementary School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of October 2015

Main level living; award winning floor plan, vaulted ceilings, hardwood floors, 2 open decks, beautifully maintained grounds, gated community in S. Asheville very close to all amenities.

Last Agent to Sell the Property

Carolyn Colvard

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #198448 Listed on: 02/13/2015

Last Buyer's Agent

Kathleen Blanchette

KB Properties License #225545

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,772

Year Built

  • Built in 1999

Lot Details

  • 1,742

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Insulated Windows
  • Storage Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

Additional Features

  • Front Green Space
  • Cable TV Available

Community Details

  • Gated Community
  • Storm Doors

Listing and Financial Details

  • Assessor Parcel Number 9655-53-4253-00000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,772

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 1.00192
  • Ratio Close Price By Original Li: 0.78939
  • Ratio Current Price By Acre: 6512500.00
  • Ratio Current Price By Sq Ft: 127.01
  • Unit Floor Level: 2
  • Year Built: 1999
  • Special Features: Auction
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Block, Basement
  • Upper Level Sq Ft: 754
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer, Washer Connection, Gas Oven
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Laminate Tile, Wood
  • Interior Amenities: Cable Available, Vaulted Ceiling, Walk-In Closet(s), Storage Unit
  • Room Count: 4
  • Main Level Sq Ft: 1297
  • Total Sq Ft: 2051

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Carport, Carport - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 175.00

Schools

  • Elementary School: Glen Arden/Koontz
  • Middle School: Cane Creek
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Green Area, Mountain View
  • Lot Size Area: 0.040
  • Parcel Number: 9655-53-4253-00000
  • Plat Reference Section Pages: 2166
  • Zoning Specification: EMP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
Oct 21, 2015
Sold by
Marsilia David V and Marsilia Elaine F
Bought by
Sferruzza Joseph P and Sferruzza Mary Ann
Seller's Agent
Carolyn Colvard
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Kathleen Blanchette
KB Properties
List Price
$330,000
Sold Price
$260,500
Premium/Discount to List
-$69,500
-21.06%
Current Estimated Value
$509,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,164
Avg. Annual Appreciation
7.02%
Original Mortgage
$200,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1999
Sold by
The Biltmore Group Llc
Bought by
Marsilla David V and Marsilla Elaine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage
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
Sferruzza Joseph P $260,500 None Available
Marsilla David V $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sferruzza Joseph P $219,532
Closed Sferruzza Joseph P $225,000
Closed Sferruzza Joseph P $200,000
Previous Owner Marsilia David $300,240
Previous Owner Marsilia David $78,977
Previous Owner Marsilia David $78,100
Previous Owner Marsilla David V $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $260,500 -21.1% $127 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $330,000 -- $161 / 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 $1,772 $287,800 $10,000 $277,800
2023 $1,772 $287,800 $10,000 $277,800
2022 $1,687 $287,800 $0 $0
2021 $1,687 $287,800 $0 $0
2020 $1,519 $241,100 $0 $0
2019 $1,519 $241,100 $0 $0
2018 $1,519 $241,100 $0 $0
2017 $1,519 $220,000 $0 $0
2016 $1,529 $220,000 $0 $0
2015 $1,529 $220,000 $0 $0
2014 $1,529 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM577629

Canopy MLS (Canopy Realtor® Association)

APN: 9655-53-4253-00000