NOT LISTED FOR SALE

116 Willow Farm Rd Fairview, NC 28730

Estimated Value: $1,163,000 - $1,820,000

4 Beds
3.5 Baths
3,562 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $1,090,000 $306 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,003/month

2 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Private Lot
  • Fairview Elementary School Rated A-
  • Hilly Lot
  • Vaulted Ceiling

About This Home

As of August 2021

Experience beauty with this custom-built home with stunning year-round mountain views at every turn on a meticulously landscaped 1.22-acre lot. This mountain escape features an open floor plan with a gorgeous vaulted ceiling living room and large eat-in kitchen. Highly desirable master on main with an en-suite bath and walk-in closet for all your needs. Attention to detail is found throughout with custom mantles, arched doorways, beveled wall edges, window seats, a Juliet balcony and high ceilings. Three levels of decking to enjoy your morning coffee, the views or a soak in the hot tub. The lower-level bedroom would be the perfect fit for a home office. Meander through the gorgeous gardens designed by Muddy Boots Inc. Don't miss this private mountain oasis only 15 minutes to downtown Asheville. Ideal location to enjoy all things Asheville.

Last Agent to Sell the Property

Holly Martin

Carolina Mountain Sales License #276477 Listed on: 06/18/2021

Carolina Mountain Sales

Last Buyer's Agent

Ashley Rogers

Nest Realty Asheville License #198668

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Private Lot
  • Hilly Lot
  • Many Trees

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace
  • Insulated Windows
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Spa
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 967685305500000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.03810
  • Ratio Close Price By Original Li: 1.03810
  • Ratio Current Price By Acre: 893442.62
  • Ratio Current Price By Sq Ft: 306.01
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 586
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Central Vacuum, Cooktop Gas, Dishwasher, Disposal, Dryer, Exhaust Hood, Microwave, Natural Gas, Refrigerator, Wall Oven, Washer
  • Fireplace Description: FAMILYRM, Gas Unvented, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Hot Tub, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Lower
  • Room Count: 3
  • Sq Ft Basement: 1101
  • Main Level Sq Ft: 1875
  • Total Sq Ft: 3562
  • Sq Ft Unheated Basement: 165
  • Sq Ft Unheated Total: 165

Exterior Features

  • Construction: Fiber Cement, Stone Veneer, Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1437.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Hilly, Long Range View, Mountain View, Private, Trees, Winter View, Year Round View
  • Parcel Number: 967685305500000
  • Plat Reference Section Pages: 0100/0138
  • Zoning Specification: OU

Tax Info

  • Tax Value: 723700.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 26, 2021
Sold by
Westervelt Harvey H and Westervelt Mary Lynn
Bought by
Chavez Leo
Seller's Agent
Holly Martin
Carolina Mountain Sales
Buyer's Agent
Ashley Rogers
Nest Realty Asheville
List Price
$1,050,000
Sold Price
$1,090,000
Premium/Discount to List
$40,000
3.81%
Current Estimated Value
$1,427,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,822
Avg. Annual Appreciation
6.28%
Original Mortgage
$855,000
Outstanding Balance
$777,110
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$650,712

Purchase Details

Closed on
May 28, 2010
Sold by
Benchmark Property Investments Llc
Bought by
Westervelt Harvey H and Westervelt Mary Lynn

Purchase Details

Closed on
Feb 1, 2006
Sold by
J S Miller Construction Co Inc
Bought by
Benchmark Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,500
Interest Rate
6.21%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chavez Leo $1,090,000 None Available
Westervelt Harvey H $660,000 None Available
Benchmark Property Investments Llc $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Leo $855,000
Previous Owner Benchmark Property Investments Llc $527,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $1,090,000 +3.8% $306 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,050,000 -- $295 / 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 $5,005 $738,700 $81,100 $657,600
2024 $5,005 $738,700 $81,100 $657,600
2023 $5,005 $738,700 $81,100 $657,600
2022 $4,676 $738,700 $0 $0
2021 $4,581 $723,700 $0 $0
2020 $4,532 $672,400 $0 $0
2019 $4,532 $672,400 $0 $0
2018 $4,330 $672,400 $0 $0
2017 $0 $618,800 $0 $0
2016 $4,387 $618,800 $0 $0
2015 $4,387 $618,800 $0 $0
2014 $4,387 $618,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3752529

Canopy MLS (Canopy Realtor® Association)

APN: 9676-85-3055-00000