$40,000

117 Sovereign Ln Fairview, NC 28730

Estimated payment $310/month

Total Views 2,418
1.06 Acres
$37,736 Price per Acre
46,174 Sq Ft Lot

Highlights

  • Hilly Lot
  • Private Lot
  • Picnic Area
  • Fairview Elementary School Rated A-
  • Recreation Facilities

About This Lot

Welcome to Monarch Estates, an enchanting oasis nestled in tranquility. As you draw closer, prepare to be captivated by the beauty that surrounds you. A hidden gem, this private and gated community is a testament to serenity, offering an idyllic escape from everyday life.
Your adventure begins with a scenic drive through countryside scattered with equestrian and agricultural properties, where rolling hills and verdant pastures beckon you towards the gates of Monarch Estates. From the moment you enter, you are greeted by an air of exclusivity that emanates from every corner of this mesmerizing sanctuary.
Just a mere 25 minutes away from the vibrant city of Asheville, Monarch Estates is a region that seamlessly blends the convenience of urban living with the stillness of nature. While the bustling streets of Asheville may lie within reach, you will find yourself completely immersed in a world of ethereal beauty, where time seems to slow and worries outside simply fade.

Listing Agent

Grady Bradshaw

Preferred Properties Brokerage Email: grady@preferredprop.com License #328881 Listed on: 06/25/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $405

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot
  • Hilly Lot
  • Possible uses of the property include Residential
  • Property is zoned OU

HOA Fees

  • $58 Monthly HOA Fees

Schools

  • Fairview Elementary School
  • Cane Creek Middle School
  • Ac Reynolds High School

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9684-66-8520-00000

Community Details

Overview

  • Monarch Estates Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Community Playground

Property Details

Property Type

Land

Est. Annual Taxes

$405

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: grady@preferredprop.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Elevation: 2000

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Playground, Recreation Area
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 700.00

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: Hilly, Paved, Private
  • Lot Size Area: 1.06
  • Lot Size Units: Acres
  • Parcel Number: 9684-66-8520-00000
  • Zoning: OU
  • Wooded Area: 1.06
  • Additional Parcels: No
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Map

Range of Values:

Collateral Analytics

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $405 $59,700 $59,700 $0
2022 $378 $59,700 $0 $0
2021 $378 $59,700 $0 $0
2020 $302 $44,800 $0 $0
2019 $302 $44,800 $0 $0
2018 $289 $44,800 $0 $0
2017 $289 $34,800 $0 $0
2016 $247 $34,800 $0 $0
2015 $247 $34,800 $0 $0
2014 $247 $34,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $40,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $10,000 None Available
Deed In Lieu Of Foreclosure $45,000 None Available
Warranty Deed $130,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,975 Purchase Money Mortgage
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4269331

Canopy MLS (Canopy Realtor® Association)

APN: 9684-66-8520-00000