NOT LISTED FOR SALE

1142 Charlotte Hwy Fairview, NC 28730

Estimated Value: $274,000 - $426,000

3 Beds
1 Bath
1,100 Sq Ft
$314/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $200,000 $182 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,946/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot
  • Fairview Elementary School Rated A-

About This Home

As of May 2021

This vintage home has 3 sizeable bedrooms and a remodeled bathroom complete with tile floors. The home features fresh, new carpet, a secure, fenced in yard for a children and/or pets to play, and a large storage building that is drive-up accessible for easy loading. The home still has room for your cosmetic improvements, however, the roof still has 10 years of typical wear left, the furnace was installed in 2014 and the AC unit was installed in 2019. It's an excellent investment opportunity for a vacation or long term rental as it's conveniently located about 7 miles from downtown Asheville and about 10 minutes from all the hiking trails heading south out of Fairview. Zoned OU, the home could also be used as a business with good visibility from Charlotte Highway.

Last Agent to Sell the Property

Bill Millwood

Real Estate Revolutions License #244882 Listed on: 04/21/2021

Last Buyer's Agent

Christina Galleg Merrill

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #289691

Howard Hanna Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 8,712

Home Design

  • Traditional Architecture

Utilities

  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Tile Flooring
  • 1 Full Bathroom
  • Outbuilding
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 9686-04-9738-00000
  • Tax Block A

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93023
  • Ratio Close Price By Original Li: 0.93023
  • Ratio Current Price By Acre: 1000000.00
  • Ratio Current Price By Sq Ft: 181.82
  • Year Built: 1925
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Oven, Refrigerator
  • Flooring: Carpet, Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1100
  • Total Sq Ft: 1100

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Outbuilding

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Fairview
  • Middle School: AC Reynolds
  • High School: AC Reynolds

Lot Info

  • Lot Features: Level, Paved Frontage, Rolling
  • Lot Size Area: 0.200
  • Parcel Number: 9686-04-9738-00000
  • Plat Book Slide: 87/15
  • Zoning Specification: OU

Tax Info

  • Tax Value: 126300.00
  • Tax Block: A
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Mckenzie Donald Clifford
Bought by
Garmon Kelly S and Garmon Susan T
Current Estimated Value
$345,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,815
Outstanding Balance
$285,312
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$59,802

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 20, 2021
Sold by
Ferguson Benjamin
Bought by
Mckenzie Donald Clifford
Seller's Agent
Bill Millwood
Real Estate Revolutions
Buyer's Agent
Christina Galleg Merrill
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$202,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2016
Sold by
Sasser Ferguson Benjamin and Sasser Ferguson Ginger
Bought by
Ferguson Benjamin

Purchase Details

Listed on
Jan 13, 2014
Closed on
May 8, 2014
Sold by
Holgate Michael S and Holgate Erica T
Bought by
Ferguson Benjamin and Sasser Ginger
Seller's Agent
Jim Buff
Keller Williams Professionals
Buyer's Agent
Bill Millwood
Real Estate Revolutions
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$109,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2006
Sold by
Tom Overholt Building Corp
Bought by
Holgate Michael S and Holgate Erica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.45%
Mortgage Type
Commercial
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
Garmon Kelly S $309,500 None Listed On Document
Garmon Kelly S $309,500 None Listed On Document
Mckenzie Donald Clifford $200,000 None Available
Ferguson Benjamin -- None Available
Ferguson Benjamin $107,000 None Available
Holgate Michael S $106,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garmon Kelly S $293,815
Closed Garmon Kelly S $293,815
Previous Owner Mckenzie Donald Clifford $202,000
Previous Owner Ferguson Benjamin $109,000
Previous Owner Holgate Michael S $84,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $200,000 -7.0% $182 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $215,000 +100.9% $195 / Sq Ft
05/08/2014 05/08/14 Sold $107,000 -7.0% $98 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $115,000 -- $105 / Sq Ft
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 $1,395 $205,900 $44,400 $161,500
2024 $1,395 $205,900 $49,400 $156,500
2023 $1,395 $187,300 $49,400 $137,900
2022 $1,186 $187,300 $49,400 $137,900
2021 $1,186 $187,300 $0 $0
2020 $851 $126,300 $0 $0
2019 $851 $126,300 $0 $0
2018 $813 $126,300 $0 $0
2017 $813 $122,100 $0 $0
2016 $866 $122,100 $0 $0
2015 $866 $122,100 $0 $0
2014 $848 $119,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3729828

Canopy MLS (Canopy Realtor® Association)

APN: 9686-04-9738-00000