NOT LISTED FOR SALE

1150 W Blue Ridge Rd Unit 222 Jordan Lodge Flat Rock, NC 28731

1 Bed
1 Bath
455 Sq Ft
$433/mo HOA Fee

Last Sold January 30, 2024

Last sale price $185,000 $407 Per Sq Ft

49 Days on Market

Highlights

  • In Ground Pool
  • 1-Story Property
  • Wood Siding

About This Home

As of January 2024

Welcome to this charming and fully renovated 1-bedroom, 1-bathroom unit located in the heart of Flat Rock, NC. This property presents an incredible opportunity for savvy investors, as it is a thriving income-producing short-term rental.
From the moment you step inside, you'll appreciate the attention to detail and stylish updates that make this unit a home away from home for guests. It comes fully furnished, with chic décor, two TVs, and a well-equipped kitchen – perfect for whipping up a meal after a day of exploring the local attractions.
Speaking of location, you and your future guests will love being just minutes away from the Flat Rock Playhouse, where you can catch a play or concert. Downtown Hendersonville is also nearby, offering boutique shopping, delightful restaurants, and more.
If you're an investor seeking a turn-key short-term rental opportunity with proven income potential, look no further than this wonderful Flat Rock condo.

Last Agent to Sell the Property

Elena Kovrigin

EXP Realty LLC Brokerage Email: elenakovrigin@gmail.com License #292494 Listed on: 11/14/2023

EXP Realty LLC

Last Buyer's Agent

Tamara Stanton

Howard Hanna Beverly-Hanks Asheville-Downtown License #220006

Howard Hanna Beverly-Hanks Asheville-Downtown

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • 7.9

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • 455 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Hillandale Elementary School

Additional Features

  • In Ground Pool
  • Window Unit Cooling System

Community Details

  • Community Association Management Association, Phone Number (828) 348-0324

Listing and Financial Details

  • Assessor Parcel Number 9577417562

Property Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1970
  • Special Assessment Description: none
  • Proposed Special Assessment Desc: n/a
  • Road Surface Type: Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 406.59
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: elenakovrigin@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: None
  • Entry Level: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 455
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Refrigerator
  • Above Grade Finished Sq Ft: 455
  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 455
  • Bedroom Main: 1
  • Room Count: 4
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: In Ground Pool, Tennis Court(s)
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 433
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Association Name: Community Association Management
  • Phone: 828-348-0324
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 5196.00

Schools

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

Lot Info

  • Parcel Number: 9577417562
  • Land Included Yn: 0
  • Zoning Specification: ML

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Hillandale
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Apr 12, 2022
Sold by
1150 West Blue Ridge Road Llc
Bought by
Keener Insight Investments & Properties Llc
Seller's Agent
Tania Reid
Keller Williams Mtn Partners, LLC
Buyer's Agent
Elena Kovrigin
EXP Realty LLC
List Price
$137,500
Sold Price
$137,000
Premium/Discount to List
-$500
-0.36%

Purchase Details

Closed on
Dec 20, 2021
Sold by
1150 West Blue Ridge Road Llc
Bought by
Black Martin L and Cooke-Martin Angela

Purchase Details

Closed on
Jun 12, 2018
Sold by
R & R Hospitality Llc
Bought by
1150 West Blue Ridge Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,147,500
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Keener Insight Investments & Properties Llc $137,500 --
Keener Insight Investments & Properties Llc $137,500 None Listed On Document
Black Martin L $86,500 Grella Thomas C
1150 West Blue Ridge Road Llc $1,575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1150 West Blue Ridge Road Llc $1,147,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Sold $185,000 -9.8% $407 / Sq Ft
12/07/2023 12/07/23 Price Changed $205,000 -4.7% $451 / Sq Ft
11/23/2023 11/23/23 Price Changed $215,000 -6.5% $473 / Sq Ft
11/14/2023 11/14/23 For Sale $230,000 +67.9% $505 / Sq Ft
03/15/2022 03/15/22 Sold $137,000 -0.4% $302 / Sq Ft View Prior Sale
06/08/2021 06/08/21 For Sale $137,500 -- $303 / 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 -- $321,600 $304,800 $16,800
2024 $1,710 $321,600 $304,800 $16,800
2023 $1,710 $321,600 $304,800 $16,800
2022 $1,710 $304,800 $304,800 $0
2021 $8,651 $1,542,000 $303,900 $1,238,100
2020 $8,651 $1,542,000 $0 $0
2019 $8,711 $1,542,000 $0 $0
2018 $5,417 $958,700 $0 $0
2017 $5,417 $958,700 $0 $0
2016 $5,417 $958,700 $0 $0
2015 -- $958,700 $0 $0
2014 -- $955,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4087173

Canopy MLS (Canopy Realtor® Association)

APN: 9943157