Seller's Agent in 2018
Rosie Johnson
GreyBeard Realty
(828) 778-2630
48 in this area
119 Total Sales
109 Pearson Ln Black Mountain, NC 28711
Estimated Value: $501,959 - $583,000
3
Beds
3
Baths
1,402
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Ranch Style House
- Level Lot
- Wooded Lot
- Walk-In Closet
- Wood Burning Fireplace
About This Home
As of May 2018Great location, Lynch Cove in Black Mountain is a hidden gem. So close to town, yet mountain community feel. This cute ranch sits on a double lot (1.15 acre) with creek flowing thru back yard. Living room with cozy wood-burning fireplace open to dining area and kitchen, split bedroom plan, and master on main. Large back deck for enjoying the outdoors and listening to the creek. Lower level is unfinished except for full bath, and walls up for 2 bedrooms, laundry room, large rec room or shop. Only 5 minutes from the shops and restaurants of downtown Black Mountain. Walk to Cheshire Village, restaurants, gym. Easy access to hiking trails and golf course. Rental history on file.
Last Agent to Sell the Property
GreyBeard Realty License #207617 Listed on: 02/20/2018
Home Details
Home Type
- Single Family
Year Built
- Built in 1988
Lot Details
- Level Lot
- Wooded Lot
- Many Trees
HOA Fees
- $33 Monthly HOA Fees
Home Design
- Ranch Style House
Interior Spaces
- Open Floorplan
- Wood Burning Fireplace
- Window Treatments
- Oven
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
Utilities
- Well
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0618-27-5877-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2024
Sold by
Hardin Rachael
Bought by
Schuit Michael H
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$157,172
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$397,568
Purchase Details
Closed on
Oct 15, 2020
Sold by
Schuit Michael H
Bought by
Schuit Michael H and Hardin Rachael
Purchase Details
Listed on
Feb 20, 2018
Closed on
May 29, 2018
Sold by
Mechlin Jeffrey G and Mechlin Mary Kay
Bought by
Schuit Michael H
Seller's Agent
Rosie Johnson
GreyBeard Realty
Buyer's Agent
Shannon Darnell
Howard Hanna Beverly-Hanks Freestone Properties
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$266,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2001
Sold by
Patel Kirit A and Patel Hemangini K
Bought by
Mechlin Jeffrey G and Mechlin Mary Kay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.75%
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 |
|---|---|---|---|
| Schuit Michael H | -- | None Listed On Document | |
| Schuit Michael H | -- | None Listed On Document | |
| Schuit Michael H | -- | None Available | |
| Schuit Michael H | $280,000 | None Available | |
| Mechlin Jeffrey G | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schuit Michael H | $160,000 | |
| Closed | Schuit Michael H | $160,000 | |
| Previous Owner | Schuit Michael H | $266,000 | |
| Previous Owner | Mechlin Jeffrey G | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2018 05/29/18 | Sold | $280,000 | -5.1% | $200 / Sq Ft |
| 04/09/2018 04/09/18 | Pending | -- | -- | -- |
| 02/20/2018 02/20/18 | For Sale | $295,000 | -- | $210 / 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 |
|---|---|---|---|---|
| 2025 | $1,960 | $313,800 | $47,100 | $266,700 |
| 2024 | $1,960 | $313,800 | $47,100 | $266,700 |
| 2023 | $1,960 | $312,000 | $45,300 | $266,700 |
| 2022 | $1,856 | $312,000 | $0 | $0 |
| 2021 | $1,856 | $312,000 | $0 | $0 |
| 2020 | $1,436 | $221,300 | $0 | $0 |
| 2019 | $1,436 | $221,300 | $0 | $0 |
| 2018 | $1,410 | $217,200 | $0 | $0 |
| 2017 | $1,386 | $198,800 | $0 | $0 |
| 2016 | $1,398 | $198,800 | $0 | $0 |
| 2015 | $1,398 | $198,800 | $0 | $0 |
| 2014 | $1,398 | $198,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rosie Johnson
-
Shannon Darnell
Buyer's Agent in 2018
Shannon Darnell
Howard Hanna Beverly-Hanks Freestone Properties
(828) 713-7409
18 in this area
36 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3352550
APN: 0618-27-5877-00000
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