NOT LISTED FOR SALE

112 Summit Tower Cir Unit 218 Asheville, NC 28804

Estimated Value: $698,000 - $971,333

1.83 Acres
$453,597 Price per Acre
79,715 Sq Ft Lot

Last Sold January 11, 2024

Last sale price $690,000

Est. 20% increase in value since last sale

Current estimated payment $4,821/month

81 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Trails
  • Private Lot
  • Picnic Area

About This Lot

As of January 2024

Welcome to Premier Reynolds Mountain, where you'll find a remarkable 1.83 acre homesite nestled on the prestigious Summit Tower Circle. Breathtaking views of the majestic Blue Ridge Mountains, French Broad River and Mt. Pisgah. Immerse yourself in this vibrant community that boasts scenic trails, social events, and a charming community pavilion. Experience the beauty of this esteemed custom home community as you explore the picturesque views that surround you. Take a leisurely stroll to Reynolds Village, where you'll discover delightful dining options, a state-of-the-art gym, and local bakeries and coffee shops. Additionally, you'll be just minutes away from the serene Beaver Lake, the renowned Asheville Country Club, and all the incredible attractions that Asheville has to offer. Come be a part of this vibrant mountain community that is ready to welcome you home! Geotech engineer report and topography survey already completed and available.

Last Agent to Sell the Property

Marcella Dean

Walnut Cove Realty/Allen Tate/Beverly-Hanks Brokerage Email: marcella@walnutcoverealty.com License #167223 Listed on: 09/22/2023

Last Buyer's Agent

Nancy Thompson

Ivester Jackson Blackstream License #229339

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,996

Lot Details

  • Private Lot
  • Cleared Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned CWO-R21

Property Views

  • Mountain Views

Schools

  • Ira B. Jones Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 974101042900000

Community Details

Overview

  • Reynolds Mountain Poa, Phone Number (828) 254-9842
  • Reynolds Mountain Subdivision
  • Mandatory Home Owners Association

Amenities

  • Picnic Area

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$3,996

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Building,Square Feet
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: marcella@walnutcoverealty.com
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Long Range, Mountain(s), Winter, Year Round
  • Waterfront Elevation: 2500

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Fiber Optics, Gas, Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Picnic Area, Walking Trails
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Reynolds Mountain POA
  • Phone: 828-254-9842

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Private, Views, Wooded
  • Lot Size Area: 1.83
  • Lot Size Units: Acres
  • Parcel Number: 974101042900000
  • Plat Book Slide: 0092
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 0073
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CWO-R21

MLS Schools

  • Elementary School: Ira B. Jones
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Jan 9, 2024
Sold by
Reeves Charles E and Reeves Pamela W
Bought by
Wolpmann Michael J and Wolpmann Lynn Marie
Seller's Agent
Marcella Dean
Walnut Cove Realty/Allen Tate/Beverly-Hanks
Buyer's Agent
Nancy Thompson
Ivester Jackson Blackstream
List Price
$695,000
Sold Price
$690,000
Premium/Discount to List
-$5,000
-0.72%
Views
39
Current Estimated Value
$830,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,083
Avg. Annual Appreciation
11.85%

Purchase Details

Closed on
Dec 21, 2020
Sold by
Esposito Ralph and Ralph Esposito Revocable Trust
Bought by
Reeves Charles E and Reeves Pamela W

Purchase Details

Closed on
Nov 14, 2014
Sold by
Esposito Alberta
Bought by
Esposito Ralph and Ralph Esposito Revocable Trust

Purchase Details

Closed on
Dec 19, 2007
Sold by
Esposito Ralph M and Esposito Alberta S
Bought by
Esposito Alberta and The Alberta Esposito Revocable

Purchase Details

Closed on
Oct 13, 2004
Sold by
Reynolds Mountain Development Llc
Bought by
Esposito Ralph M and Esposito Alberta S
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
Wolpmann Michael J $690,000 None Listed On Document
Reeves Charles E $450,000 None Available
Esposito Ralph -- None Available
Esposito Alberta -- None Available
Esposito Ralph M $256,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $690,000 -0.7% --
09/22/2023 09/22/23 For Sale $695,000 -- --
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
2024 $3,996 $419,100 $419,100 --
2023 $3,996 $419,100 $419,100 $0
2022 $3,872 $419,100 $0 $0
2021 $3,872 $419,100 $0 $0
2020 $2,766 $288,400 $0 $0
2019 $2,766 $288,400 $0 $0
2018 $2,622 $288,400 $0 $0
2017 $2,650 $260,200 $0 $0
2016 $2,625 $260,200 $0 $0
2015 $2,625 $260,200 $0 $0
2014 $2,625 $260,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4060636

Canopy MLS (Canopy Realtor® Association)

APN: 9741-01-0429-00000