NOT LISTED FOR SALE

112 Valley Dr Black Mountain, NC 28711

Estimated Value: $508,000 - $665,000

0.73 Acre
$814,299 Price per Acre
31,799 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $76,500

Est. 712% increase in value since last sale

Current estimated payment $3,855/month

95 Days on Market

About This Lot

As of November 2022

Lot like none on the market!!! Build your dream home minutes to downtown Black Mountain, restaurants, shopping, groceries and more. This lot is not steep and ready for your private oasis in the peaceful neighborhood of Lynch Cove. Underground power makes for beautiful mountain scenery. Plat map shows .73 acre and county records show .68. Please see CCRs attached for more information regarding architecturial review and guidelines to build.

Last Agent to Sell the Property

Shayne Hollifield

Noble & Company Realty License #301662 Listed on: 06/06/2022

Co-Listed By

Mary Noble Braden

Noble & Company Realty License #248568

Last Buyer's Agent

Mary Noble Braden

Noble & Company Realty License #248568

Property Details

Property Type

  • Land

Lot Details

  • 0.73 Acre Lot
  • Private Lot
  • Wooded Lot
  • Possible uses of the property include Residential

HOA Fees

  • $20 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Community Details

  • Lynch Cove Poa
  • Lynch Cove Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 061838320300000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Road Frontage: 0
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association Fee: 240
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: N/A
  • Association Name: Lynch Cove POA
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 240.00
  • Association Email 2: lynchcovepoa@gmail.com

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 061838320300000
  • Zoning: RES
  • Plat Book Slide: 46-64
  • Plat Reference Section Pages: 46/64
  • Cleared Acres: 0.00
  • Lot Size Acres: 0.73
  • Lot Size: 0
  • Lot Size Sq Ft: 31798
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Nov 18, 2022
Sold by
Lopez Jose I
Bought by
Zipay Matthew J and Zipay Kari J
Seller's Agent
Shayne Hollifield
Noble & Company Realty
Buyer's Agent
Mary Noble Braden
Noble & Company Realty
List Price
$125,000
Sold Price
$76,500
Premium/Discount to List
-$48,500
-38.8%
Views
16
Current Estimated Value
$620,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,428
Avg. Annual Appreciation
92.12%

Purchase Details

Closed on
Jul 23, 2021
Sold by
Luedtke Paul G and Luedtke Candace A
Bought by
Lopez Jose I and Hagler Lee Ann

Purchase Details

Closed on
Mar 27, 2001
Sold by
Frank Judith T
Bought by
Luedtke Paul G and Luedtke Candace A

Purchase Details

Closed on
Jul 17, 2000
Sold by
Pollard Sally P
Bought by
Frank Judith T

Purchase Details

Closed on
Mar 29, 1999
Sold by
Verdu Miguel and Pucheu Carmen Elaine
Bought by
Pollard Joel B and Pollard Sally P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.74%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zipay Matthew J $76,500 --
Lopez Jose I $60,000 None Listed On Document
Lopez Jose I $60,000 None Listed On Document
Luedtke Paul G $45,000 --
Frank Judith T $38,500 --
Pollard Joel B $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pollard Joel B $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $76,500 -14.0% --
08/17/2022 08/17/22 Price Changed $89,000 -10.1% --
07/04/2022 07/04/22 Price Changed $99,000 -20.8% --
06/06/2022 06/06/22 For Sale $125,000 -- --
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
2025 -- $355,800 $42,700 $313,100
2024 -- $42,700 $42,700 --
2023 $255 $42,100 $42,100 $0
2022 $250 $42,100 $0 $0
2021 $250 $42,100 $0 $0
2020 $255 $39,300 $0 $0
2019 $255 $39,300 $0 $0
2018 $255 $39,300 $0 $0
2017 $251 $37,400 $0 $0
2016 $263 $37,400 $0 $0
2015 $263 $37,400 $0 $0
2014 $263 $37,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3868075

Canopy MLS (Canopy Realtor® Association)

APN: 0618-38-3203-00000