NOT LISTED FOR SALE

11 Fates Overlook Loop Unit 107 Black Mountain, NC 28711

Estimated Value: $1,052,000 - $1,324,000

0.54 Acre
$2,306,046 Price per Acre
23,522 Sq Ft Lot

Last Sold June 01, 2015

Last sale price $47,000

Est. 2,550% increase in value since last sale

Current estimated payment $7,458/month

151 Days on Market

Highlights

  • Gated Community
  • Front Green Space
  • Home fronts a stream
  • Corner Lot

About This Lot

As of June 2015

Located in The Settings Of Black Mountain. Great buildable lot.Small mountain stream borders front of property with beautiful rock culvert and rough driveway in place.Lot has mountain views and is only a short walk to community playground.The Settings is the areas premier gated community. Minutes to Black Mountain's quaint shops and restaurants. Convenient to I-40 and Asheville.Lot originally sold for $261,000. in 2006. Possible owner financing.

Last Listed By

Rhett McCary

Keller Williams - Black Mtn. License #273286 Listed on: 12/02/2014

Keller Williams - Black Mtn.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,645

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Corner Lot
  • Level Lot

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 0618-46-2555-00000

Property Details

Property Type

Land

Est. Annual Taxes

$6,645

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.94188
  • Ratio Close Price By Original Li: 0.94188
  • Ratio Current Price By Acre: 87037.04
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 1150.00

Schools

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

Lot Info

  • Lot Features: Corner Lot, Mountain View, Green Area, Level, Stream/Creek
  • Lot Size Area: 0.540
  • Parcel Number: 0618-46-2555-00000
  • Zoning Specification: RES
  • Plat Reference Section Pages: 5065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2014
Closed on
May 29, 2015
Sold by
Manuel Angela and Manuel Mark L
Bought by
Jordan Roddy M and Jordan Cynthia B
Seller's Agent
Rhett McCary
Keller Williams - Black Mtn.
Buyer's Agent
Charles Jones Jr
Keller Williams - Black Mtn.
List Price
$49,900
Sold Price
$47,000
Premium/Discount to List
-$2,900
-5.81%
Total Days on Market
151
Current Estimated Value
$1,245,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,198,265
Avg. Annual Appreciation
38.91%

Purchase Details

Listed on
Feb 7, 2012
Closed on
Jan 30, 2013
Sold by
Hometrust Bank
Bought by
Manuel Mark L
Seller's Agent
Lisa Maloney
AVL Living LLC
Buyer's Agent
Rhett McCary
Keller Williams - Black Mtn.
List Price
$49,900
Sold Price
$22,500
Premium/Discount to List
-$27,400
-54.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.18%

Purchase Details

Closed on
Jan 3, 2012
Sold by
Tsiros Thomas N and Tsiros Michelle N
Bought by
Hometrust Bank

Purchase Details

Closed on
Dec 21, 2006
Sold by
The Settings Of Black Mountain Llc
Bought by
Tsiros Thomas N and Tsiros Michelle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,910
Interest Rate
6.25%
Mortgage Type
Unknown

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
Jordan Roddy M $47,000 --
Jordan Roddy M $47,000 --
Manuel Mark L $22,500 None Available
Hometrust Bank $158,500 None Available
Tsiros Thomas N $261,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Roddy M $440,000
Closed Jordan Roddy $456,000
Previous Owner Tsiros Thomas N $260,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2015 06/01/15 Sold $47,000 -5.8% --
05/02/2015 05/02/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $49,900 +121.8% --
01/31/2013 01/31/13 Sold $22,500 -54.9% --
01/09/2013 01/09/13 Pending -- -- --
02/07/2012 02/07/12 For Sale $49,900 -- --
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 $6,645 $792,400 $81,500 $710,900
2022 $6,292 $792,400 $0 $0
2021 $6,292 $792,400 $0 $0
2020 $4,731 $549,100 $0 $0
2019 $4,731 $549,100 $0 $0
2018 $702 $81,500 $0 $0
2017 $0 $63,400 $0 $0
2016 $621 $63,400 $0 $0
2015 $621 $63,400 $0 $0
2014 $621 $63,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM574684

Canopy MLS (Canopy Realtor® Association)

APN: 0618-46-2555-00000