NOT LISTED FOR SALE

119 Summit Tower Cir Unit 240 Asheville, NC 28804

Estimated Value: $366,000 - $809,677

1.04 Acres
$590,307 Price per Acre
45,302 Sq Ft Lot

Last Sold January 26, 2024

Last sale price $735,000

Est. 15% decrease in value since last sale

Current estimated payment $3,805/month

272 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Trails
  • Wooded Lot
  • Recreation Facilities

About This Lot

As of January 2024

Premier 1+ acre homesite atop Reynolds Mountain on desireable Summit Tower Circle. Enjoy panoramic long range mountain views from this gently sloping, corner homesite that features mature trees and excellent topography. This site is ready for your custom residence with a geotech engineer report and topography survey already completed. An incredible architectural plan by Vellum Architecture + Design is nearly complete delivering a stunning, modern masterpiece that captures the true essense of this site and location. Take advantage of all that north Asheville has to offer with shops, restaurants, Beaver Lake, the Country Club of Asheville, and more just minutes away! Land/home package available- see MLS#4036501.

Last Agent to Sell the Property

Alec Cantley

Premier Sotheby’s International Realty Brokerage Phone: 828-989-4487 License #271844 Listed on: 04/17/2023

Premier Sotheby’s International Realty

Last Buyer's Agent

Todd Dunnuck

Mtn. Land Properties, LLC License #233150

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,811

Lot Details

  • Corner Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned CWO-R21

HOA Fees

  • $121 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Utilities

  • Underground Utilities
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 9741-01-4338-00000

Community Details

Overview

  • Tessier Group Association, Phone Number (828) 254-8942
  • Reynolds Mountain Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$2,811

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Frontage Type: City Street
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: 828-989-4487
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 2500
  • Foundation Details Proposed: Basement

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Utilities: Gas, Underground Utilities
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Community Features: Recreation Area, Street Lights, Walking Trails
  • Association Fee: 1450
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Tessier Group
  • Phone: 828-254-8942
  • ResoAssociationFeeFrequency: Annually
  • Association Email: stephanie@tessiergroup.com

Association/Amenities

  • Association Annual Expense: 1450.00

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Sloped, Wooded, Views
  • Lot Size Area: 1.04
  • Lot Size Units: Acres
  • Parcel Number: 9741-01-4338-00000
  • Plat Book Slide: 92/73
  • Can Be Subdivided: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CWO-R21

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jan 24, 2024
Sold by
Myers Family Trust
Bought by
Julich Chris and Julich Megan
Seller's Agent
Alec Cantley
Premier Sotheby’s International Realty
Buyer's Agent
Todd Dunnuck
Mtn. Land Properties, LLC
List Price
$795,000
Sold Price
$735,000
Premium/Discount to List
-$60,000
-7.55%
Views
193
Current Estimated Value
$624,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,483
Avg. Annual Appreciation
-10.96%

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 17, 2021
Sold by
Beyer Patricia J and Patricia J Beyer Trust
Bought by
Myers James E and Myers Yassamin M
Seller's Agent
Chaz Green
Nest Realty Asheville
Buyer's Agent
Alec Cantley
Premier Sotheby’s International Realty
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
May 29, 2018
Sold by
Beyer Patricia J and Beyer Patricia Hayes
Bought by
Beyer Patricia J and Patricia J Beyer Trust

Purchase Details

Closed on
Jun 10, 2014
Sold by
Kotler Sharon and Kotler Ted
Bought by
Beyer Patricia Hayes

Purchase Details

Closed on
May 9, 2007
Sold by
Gronneberg Gary and Gronneberg Marsha
Bought by
Kotler Sharon

Purchase Details

Closed on
Aug 24, 2004
Sold by
Reynolds Mountain Development Llc
Bought by
Gronneberg Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,549
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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
Julich Chris $735,000 None Listed On Document
Myers James E $625,000 None Available
Beyer Patricia J -- None Available
Beyer Patricia Hayes $215,000 None Available
Kotler Sharon $550,000 None Available
Gronneberg Gary W $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gronneberg Gary W $331,549
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $735,000 -5.1% --
09/28/2023 09/28/23 Price Changed $774,900 -2.5% --
04/17/2023 04/17/23 For Sale $795,000 +27.2% --
08/23/2021 08/23/21 Sold $625,000 -3.8% --
07/18/2021 07/18/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $650,000 -- --
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
2023 $2,811 $294,800 $294,800 $0
2022 $2,724 $294,800 $0 $0
2021 $2,724 $294,800 $0 $0
2020 $2,396 $249,800 $0 $0
2019 $2,396 $249,800 $0 $0
2018 $2,271 $249,800 $0 $0
2017 $0 $225,400 $0 $0
2016 $2,274 $225,400 $0 $0
2015 -- $225,400 $0 $0
2014 $2,274 $225,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4020396

Canopy MLS (Canopy Realtor® Association)

APN: 9741-01-4338-00000