NOT LISTED FOR SALE

119 Meadow Lake Rd Asheville, NC 28803

Estimated Value: $467,000 - $560,000

2 Beds
2 Baths
1,755 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $247,000 $141 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,990/month

71 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Pond
  • T.C. Roberson High School Rated A
  • Private Lot
  • Cathedral Ceiling

About This Home

As of May 2016

Forest Lake, just South of Asheville has community pond/gazebo, public roads & low HOA fees. This one-level home has open design and split bdrms with extended master suite. The office/den could be a 3rd bdrm. It is private and fun inside and out! Extra values incl. new appliances, roof, & carpet; a generator & AHS Complete Home Warranty. Outside has park-like privacy, a long holly-lined drive, covered front porch, back deck w/awning, level yard.

Last Agent to Sell the Property

Dawn Clayton

Jim and Dawn Clayton, Inc License #163206 Listed on: 01/29/2016

Last Buyer's Agent

Modern Asheville Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Pond

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9656-48-9001

Community Details

Overview

  • Forest Lake HOA, Phone Number (941) 356-5882

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.93384
  • Ratio Close Price By Original Li: 0.89982
  • Ratio Current Price By Acre: 588095.24
  • Ratio Current Price By Sq Ft: 140.74
  • Year Built: 1992
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Generator, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Parquet, Tile
  • H O A Management Phone: 941-356-5882
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Open Floorplan, Split BR Plan, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1755
  • Total Sq Ft: 1755
  • Sq Ft Unheated Main: 415
  • Sq Ft Unheated Total: 415

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Green Building Features: g-Engineered Wood Products
  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Pond, Recreation Area
  • Association Fee: 175.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Forest Lake HOA
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Lot Info

  • Lot Dimension: 68X172
  • Lot Features: Level, Private, Trees
  • Parcel Number: 9656-48-9001
  • Plat Book Slide: 57/174
  • Zoning Specification: RS4

Tax Info

  • Tax Value: 204900.00
  • Tax Amount Ncm: 2211.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
May 17, 2016
Sold by
Poole Diana L Morrison
Bought by
Clark Leah Rae and Clark Dustin V
Seller's Agent
Dawn Clayton
Jim and Dawn Clayton, Inc
Buyer's Agent
Modern Asheville Real Estate
List Price
$274,500
Sold Price
$247,000
Premium/Discount to List
-$27,500
-10.02%
Current Estimated Value
$518,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,037
Avg. Annual Appreciation
8.08%
Original Mortgage
$197,600
Outstanding Balance
$157,559
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$360,478

Purchase Details

Closed on
Feb 15, 1996
Sold by
Franco Emil J
Bought by
Morrison
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clark Leah Rae $247,000 None Available
Morrison $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Leah Rae $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2016 05/17/16 Sold $247,000 -10.0% $141 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $274,500 -- $156 / 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 $2,883 $311,000 $77,000 $234,000
2024 $2,883 $311,000 $77,000 $234,000
2023 $2,883 $311,000 $77,000 $234,000
2022 $2,771 $311,000 $77,000 $234,000
2021 $2,771 $311,000 $0 $0
2020 $2,596 $271,000 $0 $0
2019 $2,596 $271,000 $0 $0
2018 $2,596 $271,000 $0 $0
2017 $2,623 $204,900 $0 $0
2016 $2,211 $204,900 $0 $0
2015 $2,211 $204,900 $0 $0
2014 $2,180 $204,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3143951

Canopy MLS (Canopy Realtor® Association)

APN: 9656-48-9001-00000