111 Pearson Ln Black Mountain, NC 28711
Estimated Value: $499,361 - $581,000
3
Beds
3
Baths
1,388
Sq Ft
$395/Sq Ft
Est. Value
About This Home
This home is located at 111 Pearson Ln, Black Mountain, NC 28711 and is currently estimated at $547,840, approximately $394 per square foot. 111 Pearson Ln is a home located in Buncombe County with nearby schools including Black Mountain Primary, Black Mountain Elementary School, and Charles D. Owen Middle School.
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
$390,668
Purchase Details
Closed on
Oct 15, 2020
Sold by
Schuit Michael H
Bought by
Schuit Michael H and Hardin Rachael
Purchase Details
Closed on
May 29, 2018
Sold by
Mechlin Jeffrey G and Mechlin Mary Kay
Bought by
Schuit Michael H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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%
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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
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
Map
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