NOT LISTED FOR SALE

116 Sycamore Terrace Arden, NC 28704

Estimated Value: $222,000 - $288,000

1 Bed
1 Bath
665 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $180,500 $271 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,623/month

34 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Fireplace
  • T.C. Roberson High School Rated A
  • Recreation Facilities
  • 3-minute walk to Jake Rusher Park

About This Home

As of May 2020

Priced $5K below appraisal! Adorable 1-bedroom, 1-bathroom bungalow/cottage in South Asheville/Arden area, conveniently located off of Hendersonville Road. Move-in ready. New roof 2020. New connection to city water and sewer. This pre-inspected home has a fireplace in the living room, a private back yard with an amazing space for a fire pit, hardwood flooring in living areas, stainless steel refrigerator in kitchen, and is fenced in for your furry friend. Washer and dryer are brand new and will convey. The home looks over a park and the location can't be beat. Convenient to Hendersonville and Sweeten Creek Road, you are minutes from restaurants, bars, shopping, the Blue Ridge Parkway, the Biltmore Estate, and Biltmore Park Town Square. Come home to 116 Sycamore Terrace in Arden!

Last Agent to Sell the Property

Clarissa Hyatt- Zack

EXP Realty LLC License #274579 Listed on: 03/12/2020

EXP Realty LLC

Last Buyer's Agent

Randall Blankenship

Corcoran HM Properties License #274461

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 0.31

Home Design

  • Cottage

Interior Spaces

  • 1 Full Bathroom
  • Fireplace

Flooring

  • Wood
  • Tile

Outdoor Features

  • Fire Pit
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 9654-35-0202-00000

Community Details

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.97620
  • Ratio Close Price By Original Li: 0.97568
  • Ratio Current Price By Acre: 582258.06
  • Ratio Current Price By Sq Ft: 271.43
  • Year Built: 1942
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dryer, Electric Dryer Hookup, Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 665
  • Total Sq Ft: 665

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Shed(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Picnic Area, Playground, Recreation Area

Schools

  • Elementary School: Estes/Koontz
  • Middle School: Valley Springs
  • High School: Unspecified

Lot Info

  • Lot Features: Sloping
  • Lot Size Area: 0.310
  • Parcel Number: 9654-35-0202-00000
  • Plat Book Slide: 0007/0062
  • Plat Reference Section Pages: 0062
  • Zoning Specification: RS8

Tax Info

  • Tax Value: 67400.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 19, 2020
Sold by
French Broad Property Holdings Llc
Bought by
Browning Joseph Christopher
Seller's Agent
Clarissa Hyatt- Zack
EXP Realty LLC
Buyer's Agent
Randall Blankenship
Corcoran HM Properties
List Price
$185,000
Sold Price
$180,500
Premium/Discount to List
-$4,500
-2.43%
Total Days on Market
34
Current Estimated Value
$264,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,227
Avg. Annual Appreciation
9.38%
Original Mortgage
$177,230
Outstanding Balance
$159,096
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$124,732

Purchase Details

Closed on
Jan 17, 2020
Sold by
Roland Timothy M and Roland Sharon E
Bought by
French Broad Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2015
Sold by
Rice Barbara
Bought by
Roland Timothy M and Roland Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.09%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Browning Joseph Christopher $180,500 None Available
French Broad Property Holdings Llc $215,000 None Available
Roland Timothy M $80,000 Boston National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browning Joseph Christopher $35,000
Open Browning Joseph Christopher $177,230
Previous Owner French Broad Property Holdings Llc $193,500
Previous Owner Roland Timothy M $75,000
Previous Owner Rice Barbara $33,627
Previous Owner Rice Barbara $29,000
Previous Owner Rice Barbara $22,518
Previous Owner Rice Barbara $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $180,500 -2.4% $271 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/09/2020 04/09/20 Price Changed $184,900 -0.1% $278 / Sq Ft
03/27/2020 03/27/20 For Sale $185,000 0.0% $278 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $185,000 -- $278 / 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
2023 $1,644 $177,400 $50,400 $127,000
2022 $1,581 $177,400 $0 $0
2021 $1,581 $177,400 $0 $0
2020 $646 $67,400 $0 $0
2019 $646 $67,400 $0 $0
2018 $646 $67,400 $0 $0
2017 $652 $83,800 $0 $0
2016 $904 $83,800 $0 $0
2015 $452 $83,800 $0 $0
2014 $446 $83,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3601549

Canopy MLS (Canopy Realtor® Association)

APN: 9654-35-0202-00000