NOT LISTED FOR SALE

110 Weeping Cherry Forest Rd Fairview, NC 28730

Estimated Value: $591,000 - $775,000

3 Beds
2 Baths
2,018 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $516,055 $256 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,744/month

2 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Wood Flooring
  • Fairview Elementary School Rated A-
  • Cathedral Ceiling
  • Cottage

About This Home

As of May 2021

Imagine waking up here. This lovely cottage, with its awesome year-round views, features exposed beams, walls of windows and cozy fireplaces. It is the quintessential mountain home just outside Asheville. But then, there is the unexpected — 110 Weeping Cherry is the very last house on the road. You pull into a spacious parking area with plenty of easy parking for gatherings, a flat little yard for games and a charming Koi pond with a rock waterfall that provides the sound of rushing water all the time. You will love standing in the kitchen with the doors open listening to the sound of the water and looking at the distant mountains. Go ahead, give it a try. Fairview is a blossoming community, just an eight-minute drive to two breweries, The Local Joint restaurant and the library, on your way to downtown Asheville or Chimney Rock. It is a great spot. Due to incredible interest, all offers will be reviewed Sunday at 3pm.

Last Agent to Sell the Property

Minouche Shanklin

Town and Mountain Realty License #286538 Listed on: 03/26/2021

Last Buyer's Agent

Tohi Lucas

RE/MAX Executive License #322922

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $102 Monthly HOA Fees

Home Design

  • Cottage
  • Cabin
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Septic Tank

Community Details

  • Fairview Forest HOA

Listing and Financial Details

  • Assessor Parcel Number 9687-52-7580-00000

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cabin, Cottage
  • Ratio Close Price By List Price: 1.04254
  • Ratio Close Price By Original Li: 1.04254
  • Ratio Current Price By Acre: 142163.91
  • Ratio Current Price By Sq Ft: 255.73
  • Year Built: 1973
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Oven, Radon Mitigation System, Refrigerator, Trash Compactor
  • Fireplace Description: Den, Living Room, Wood Burning
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Basement, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 932
  • Main Level Sq Ft: 1086
  • Total Sq Ft: 2018

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s), Underground Power Lines

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Ductless/Mini-Split System, Electric Baseboard Heat, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1228.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Fairview Forest HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Fairview
  • Middle School: Cane Creek
  • High School: AC Reynolds

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Long Range View, Mountain View, Sloping, Trees, Views, Wooded, Year Round View
  • Lot Size Area: 3.630
  • Parcel Number: 9687-52-7580-00000
  • Plat Book Slide: 0038/0049
  • Plat Reference Section Pages: 0038/0049
  • Zoning Specification: Open Use

Tax Info

  • Tax Value: 280600.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 17, 2021
Sold by
Brown Tyler and Brown Madeleine Davis
Bought by
Alcocer Paul and Guarino Susan
Seller's Agent
Minouche Shanklin
Town and Mountain Realty
Buyer's Agent
Tohi Lucas
RE/MAX Executive
List Price
$495,000
Sold Price
$516,055
Premium/Discount to List
$21,055
4.25%
Current Estimated Value
$646,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,598
Avg. Annual Appreciation
5.30%
Original Mortgage
$200,000
Outstanding Balance
$181,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$465,403

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 28, 2017
Sold by
Mouradian Warren
Bought by
Brown Tyler and Brown Madeleine Davis
Seller's Agent
Eva Hartman
Town and Mountain Realty
Buyer's Agent
Minouche Shanklin
Town and Mountain Realty
List Price
$338,000
Sold Price
$324,000
Premium/Discount to List
-$14,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%
Original Mortgage
$259,200
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2016
Closed on
Nov 7, 2016
Sold by
Fair Samuel D
Bought by
Mouradian Warren
Seller's Agent
Scott Browne
Keller Williams Professionals
Buyer's Agent
Vicky Blanche
EXP Realty LLC
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%

Purchase Details

Closed on
Oct 31, 2003
Sold by
Howell G R and Howell Irene
Bought by
Johnston Richard T and Fair Samuel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1999
Sold by
Koeneman Richard
Bought by
Macmillan John Carl and Macmillan Courtney Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,350
Interest Rate
7.25%
Mortgage Type
VA

Purchase Details

Closed on
May 20, 1997
Sold by
Murphy Philip J
Bought by
Koeneman
Source: Public Records

Range of Values:

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Average Value
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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
Alcocer Paul $516,500 First American Mortgage Sln
Brown Tyler $324,000 None Available
Mouradian Warren $290,000 None Available
Johnston Richard T $170,000 --
Macmillan John Carl $118,000 --
Koeneman $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcocer Paul $200,000
Previous Owner Brown Tyler $259,200
Previous Owner Johnston Richard T $136,000
Previous Owner Macmillan John Carl $120,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $516,055 +4.3% $256 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $495,000 +52.8% $245 / Sq Ft
09/29/2017 09/29/17 Sold $324,000 -4.1% $161 / Sq Ft View Prior Sale
08/22/2017 08/22/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $338,000 +16.6% $167 / Sq Ft
11/14/2016 11/14/16 Sold $290,000 -3.3% $144 / Sq Ft View Prior Sale
09/30/2016 09/30/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $300,000 -- $149 / 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
2025 $2,404 $313,000 $48,800 $264,200
2024 $2,404 $354,800 $48,800 $306,000
2023 $2,404 $349,000 $48,800 $300,200
2022 $2,209 $348,900 $0 $0
2021 $1,475 $233,000 $0 $0
2020 $1,489 $220,900 $0 $0
2019 $1,489 $220,900 $0 $0
2018 $1,423 $220,900 $0 $0
2017 $1,423 $198,000 $0 $0
2016 $1,404 $198,000 $0 $0
2015 $1,404 $198,000 $0 $0
2014 $1,404 $198,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3722154

Canopy MLS (Canopy Realtor® Association)

APN: 9687-52-7580-00000