NOT LISTED FOR SALE

109 New Lite Rd Fairview, NC 28730

Estimated Value: $44,332 - $111,000

0.5 Acre
$138,222 Price per Acre
21,780 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $29,100

Est. 137% increase in value since last sale

Current estimated payment $381/month

200 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Level Lot
  • Fairview Elementary School Rated A-
  • No HOA

About This Lot

As of August 2020

Level building lot with view potential! Situated on half of an acre, this lot on a private road is minutes from the amenities in Fairview and approximately 20 minutes to downtown Asheville. Also convenient to Lake Lure and Chimney Rock. The lot contains both a cleared area as well as trees. Several lots in the community utilize shared well system; a buyer could investigate a private well if desired. Additional lots available: see MLS 3570213 and MLS 3570227.

Last Agent to Sell the Property

Christian Witt

Asheville Realty Group Brokerage Email: christianwittrealtor@gmail.com License #314526 Listed on: 11/19/2019

Co-Listed By

Rob Montague

Asheville Realty Group Brokerage Email: christianwittrealtor@gmail.com License #168382

Last Buyer's Agent

Reese Morgani

Keller Williams Professionals License #232402

Keller Williams Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $164

Year Built

  • 1979

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned OU

Property Views

  • Mountain Views

Utilities

  • Shared Well
  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9696-47-6540

Property Details

Property Type

Land

Est. Annual Taxes

$164

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Attribution Contact: christianwittrealtor@gmail.com
  • Special Features: None
  • Year Built (Public Record): 1979

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • View: Mountain(s)
  • Waterfront Elevation: 3000
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: None
  • Water Source: Shared Well, Well Needed, Other - See Remarks

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Sloped, Wooded, Views
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Parcel Number: 9696-47-6540
  • Plat Book Slide: 55/45
  • Plat Reference Section Pages: 55/45
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jul 1, 2020
Sold by
Newlite Inc
Bought by
Petty Caroline H
Seller's Agent
Christian Witt
Asheville Realty Group
Buyer's Agent
Reese Morgani
Keller Williams Professionals
List Price
$31,900
Sold Price
$29,100
Premium/Discount to List
-$2,800
-8.78%
Total Days on Market
200
Current Estimated Value
$69,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,011
Avg. Annual Appreciation
18.29%
Original Mortgage
$24,000
Outstanding Balance
$13,522
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$51,758

Purchase Details

Closed on
Nov 23, 2016
Sold by
Swager Norvin L and Swager Delores M
Bought by
Newlite Inc

Purchase Details

Closed on
Jul 19, 2007
Sold by
Swager Norvin and Swager Delores M
Bought by
Messer Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.52%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Petty Caroline H $29,500 None Available
Newlite Inc -- None Available
Messer Stephen M $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty Caroline H $24,000
Previous Owner Messer Stephen M $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $29,100 -8.8% --
06/06/2020 06/06/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $31,900 -- --
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 $164 $24,200 $24,200 $0
2022 $153 $24,200 $0 $0
2021 $153 $24,200 $0 $0
2020 $264 $39,200 $0 $0
2019 $264 $39,200 $0 $0
2018 $252 $39,200 $0 $0
2017 $252 $42,600 $0 $0
2016 $302 $42,600 $0 $0
2015 $302 $42,600 $0 $0
2014 $302 $42,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3570248

Canopy MLS (Canopy Realtor® Association)

APN: 9696-47-6540-00000