NOT LISTED FOR SALE

116 Summit Tower Cir Unit 217 Asheville, NC 28804

Estimated Value: $1,933,000 - $2,799,245

1.93 Acres
$1,215,241 Price per Acre
84,071 Sq Ft Lot

Last Sold April 18, 2019

Last sale price $279,000

Est. 741% increase in value since last sale

Current estimated payment $14,114/month

17 Days on Market

Highlights

  • Wooded Lot
  • Recreation Facilities
  • Trails

About This Lot

As of April 2019

Stunning lot with abundant views - more than 180 degrees of long range views will surround your home in the Reynolds Mountain, an exclusive community of luxury custom homes. Watch the sunrise off your front porch and then enjoy watching the sunset as you relax on your deck where long range views seem to go on forever. The sloping lot is situated at the top of the mountain but offers both an easy drive up and a lot that allows for a gentle driveway to the first level and a walkout basement. Reynolds Mountain is located less than 10 minutes from the heart of vibrant downtown Asheville and minutes from the conveniences of Reynolds Village and North Asheville. For those seeking nearby recreation, enjoy the trails around Beaver Lake and the golf courses of The Country Club of Asheville just moments from home. CHECK OUT THE DRONE VIDEO ATTACHED TO THE LISTING! Home plans for this building site have been drafted and are available for your review.

Last Agent to Sell the Property

Julie Tallman

EXP Realty LLC License #293544 Listed on: 01/26/2019

EXP Realty LLC

Last Buyer's Agent

Ellen McGuire

Ivester Jackson Blackstream License #279419

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9741-01-1612-00000
  • Tax Block 2

Community Details

Overview

  • Ipm Association

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 144559.59
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Playground, Recreation Area, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Woodfin/Eblen
  • Middle School: Clyde A Erwin
  • High School: Clyde A Erwin

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved Frontage, Views, Wooded, Year Round View
  • Lot Size Area: 1.930
  • Parcel Number: 9741-01-1612-00000
  • Zoning Specification: R21
  • Plat Book Slide: 92/73

Tax Info

  • Tax Value: 296400.00
  • Tax Block: 2
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Roberts & Associates Southeast Inc
Bought by
Russ Andrew J and Russ Caryn E
Current Estimated Value
$2,345,415

Purchase Details

Closed on
Dec 18, 2019
Sold by
Roberts James W and Roberts Judith A
Bought by
Roberts And Associates Southest Inc

Purchase Details

Listed on
Jan 26, 2019
Closed on
Mar 20, 2019
Sold by
Brookman Robert and Brookman Barbara
Bought by
Roberts James W and Roberts Judith A
Seller's Agent
Julie Tallman
EXP Realty LLC
Buyer's Agent
Ellen McGuire
Ivester Jackson Blackstream
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.76%

Purchase Details

Closed on
May 1, 2007
Sold by
Wnc Property Management Co
Bought by
Brookman Robert and Brookman Barbara

Purchase Details

Closed on
Oct 27, 2006
Sold by
Donivan Douglas L and Donivan Rebecca B
Bought by
Wnc Property Management Co
Source: Public Records

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
Russ Andrew J $367,000 None Available
Roberts And Associates Southest Inc -- None Available
Roberts James W $279,000 None Available
Brookman Robert -- None Available
Wnc Property Management Co $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russ Andrew John $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2019 04/18/19 Sold $279,000 0.0% --
02/12/2019 02/12/19 Pending -- -- --
01/26/2019 01/26/19 For Sale $279,000 -- --
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
2024 $14,810 $1,543,000 $349,800 $1,193,200
2023 $14,810 $1,680,200 $349,800 $1,330,400
2022 $9,378 $1,015,000 $0 $0
2021 $3,232 $349,800 $0 $0
2020 $2,842 $296,400 $0 $0
2019 $2,842 $296,400 $0 $0
2018 $2,694 $296,400 $0 $0
2017 $2,724 $267,400 $0 $0
2016 $2,698 $267,400 $0 $0
2015 $2,698 $267,400 $0 $0
2014 $2,698 $267,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3461395

Canopy MLS (Canopy Realtor® Association)

APN: 9741-01-1612-00000