NOT LISTED FOR SALE

114 Old Lafayette Ln Unit 135 Black Mountain, NC 28711

Estimated Value: $54,000 - $68,000

0.27 Acre
$225,926 Price per Acre
11,761 Sq Ft Lot

Last Sold May 25, 2021

Last sale price $18,500

Est. 230% increase in value since last sale

Current estimated payment $470/month

346 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Community Playground
  • Clubhouse
  • Corner Lot
  • High Speed Internet

About This Lot

As of May 2021

Great corner lot across from association community property. Very nice house on adjacent property. Enjoy the sound of the creek in a convenient location within the community. The Settings is a high end gated community close to town with a great infrastructure. Enjoy beautifully paved roads, underground utilities (water, sewer, gas), a community clubhouse and access to an extensive network of hiking trails all from your front door!

Last Listed By

Bob Sadlemire

Allen Tate/Beverly-Hanks Freestone Properties License #295811 Listed on: 05/18/2020

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Wooded Lot

HOA Fees

  • $108 Monthly HOA Fees

Utilities

  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0618-46-9634-00000

Community Details

Recreation

  • Community Playground

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.51389
  • Ratio Close Price By Original Li: 0.51389
  • Ratio Current Price By Acre: 68518.52
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Exterior Features: Wired Internet Available

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Playground
  • Association Fee: 1300.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Corner Lot, Paved Frontage, Wooded
  • Lot Size Area: 0.270
  • Parcel Number: 0618-46-9634-00000
  • Zoning Specification: CR-1

Tax Info

  • Tax Value: 63000.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
May 19, 2021
Sold by
Swim Christopher L and Swim Jean T
Bought by
Finkel David and Finkel Christine
Seller's Agent
Bob Sadlemire
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Bob Sadlemire
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$36,000
Sold Price
$18,500
Premium/Discount to List
-$17,500
-48.61%
Total Days on Market
346
Current Estimated Value
$61,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,500
Avg. Annual Appreciation
34.85%

Purchase Details

Closed on
Jul 5, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Swim Christopher L and Swim Jean T

Range of Values:

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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
Finkel David $18,500 None Available
Swim Christopher L $140,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $18,500 -48.6% --
04/29/2021 04/29/21 Pending -- -- --
05/18/2020 05/18/20 For Sale $36,000 -- --
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
2023 $290 $34,600 $34,600 $0
2022 $275 $34,600 $0 $0
2021 $275 $34,600 $0 $0
2020 $543 $63,000 $0 $0
2019 $543 $63,000 $0 $0
2018 $543 $63,000 $0 $0
2017 $549 $57,600 $0 $0
2016 $564 $57,600 $0 $0
2015 $564 $57,600 $0 $0
2014 $564 $57,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3620853

Canopy MLS (Canopy Realtor® Association)

APN: 0618-46-9634-00000