NOT LISTED FOR SALE

111 Pearson Ln Black Mountain, NC 28711

Estimated Value: $550,111 - $576,000

3 Beds
3 Baths
2,776 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 111 Pearson Ln, Black Mountain, NC 28711 and is currently estimated at $566,028, approximately $203 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
$566,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Outstanding Balance
$37,550
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$511,286

Purchase Details

Closed on
Oct 15, 2020
Sold by
Schuit Michael H
Bought by
Schuit Michael H and Hardin Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
2.8%
Mortgage Type
New Conventional

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%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 $38,000
Open Schuit Michael H $160,000
Previous Owner Hardin Rachael $262,000
Previous Owner Schuit Michael H $266,000
Previous Owner Mechlin Jeffrey G $60,000
Previous Owner Mechlin Jeffrey G $69,500
Previous Owner Patel Kiritkumar A $82,000
Previous Owner Mechlin Jeffrey G $85,000
Previous Owner Patel Kiritkumar A $80,000
Source: Public Records

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 $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

North Carolina Buncombe County Black Mountain 28711

111 Pearson Ln, Black Mountain, NC

This home is located at 111 Pearson Ln, Black Mountain, NC 28711 and is currently estimated at $566,028, approximately $203 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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