NOT LISTED FOR SALE

116 Cherry St Black Mountain, NC 28711

Estimated Value: $690,439 - $821,000

4 Beds
1 Bath
1,316 Sq Ft
$559/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2016

Last sale price $400,000 $304 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,314 / mo

74 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Shed

About This Home

As of December 2016

Have you been waiting for an ideal spot to live and/or launch a business in Black Mountain? This special piece of property contains a home, outbuildings, garage and yard in the heart of the downtown area. Live in, or rent it. Suitable for weekend, weekly, monthly, or year round use. 4BR, 1BA, spacious dining and living room w/fireplace. Large covered front porch. Access in back includes driveway and 1 car garage. Property w/o separate office/retail building in this offering. See also MLS#3210531

Last Agent to Sell the Property

Matt Ashley

Matt Ashley Real Estate LLC License #275066 Listed on: 08/28/2016

Last Buyer's Agent

Bonnie Snyder

Appalachian Realty Associates License #279759

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 8,712

Parking

  • 1

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Additional Features

  • Shed
  • Property is zoned Commercial
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0619-35-1795-00000

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.91954
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Acre: 2000000.00
  • Ratio Current Price By Sq Ft: 303.95
  • Year Built: 1914
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Equipment: Electric Range, Refrigerator, Natural Gas, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1316
  • Total Sq Ft: 1316
  • Sq Ft Unheated Main: 109
  • Sq Ft Unheated Total: 414
  • Sq Ft Unheated Upper: 305

Exterior Features

  • Construction: Metal
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Garage - 1 Car

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Mountain View, Long Range View, Year Round View
  • Parcel Number: 0619-35-1795-00000
  • Plat Reference Section Pages: 1435
  • Zoning: Commercial
  • Zoning Specification: CB

Tax Info

  • Tax Amount Ncm: 4899.00
  • Tax Location: Black Mountain

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Bought by
Current Estimated Value
$735,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$394,046
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$341,434

Purchase Details

Closed on
Jul 23, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 2019
Sold by
Bought by

Purchase Details

Listed on
Aug 28, 2016
Closed on
Dec 28, 2016
Sold by
Bought by
Seller's Agent
Matt Ashley
Matt Ashley Real Estate LLC
Buyer's Agent
Bonnie Snyder
Appalachian Realty Associates
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Apr 16, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

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

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 None Listed On Document
$675,000 None Listed On Document
-- None Available
$419,000 None Available
$400,000 None Available
$495,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Closed $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $400,000 -20.0% $304 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
08/28/2016 08/28/16 For Sale $500,000 -- $380 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,962 $472,500 $306,800 $165,700
2024 $3,962 $472,500 $306,800 $165,700
2023 $3,962 $416,400 $306,800 $109,600
2022 $3,306 $416,400 $0 $0
2021 $3,306 $416,400 $0 $0
2020 $3,350 $388,800 $0 $0
2019 $3,436 $398,800 $0 $0
2018 $3,436 $398,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Matt Ashley

    Matt Ashley Real Estate LLC

    (828) 231-7529

    16 in this area

    35 Total Sales

    Matt Ashley
    Section Image

  • B

    Buyer's Agent in 2016

    Bonnie Snyder

    Appalachian Realty Associates

See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3210532

Canopy MLS

APN: 0619-35-1794-00000

North Carolina Buncombe County Black Mountain 28711

116 Cherry St, Black Mountain, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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