NOT LISTED FOR SALE

12 Simpson Hollow Rd Asheville, NC 28803

Estimated Value: $616,650 - $658,000

4 Beds
3 Baths
2,149 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $515,000 $240 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,696/month

2 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Recreation Facilities
  • T.C. Roberson High School Rated A
  • Wood Flooring
  • Attached Garage

About This Home

As of September 2021

Views and serenity await in this ideal Asheville location! Spectacular Busbee Mountain views from the updated 4 beds/3 bath home in the sought after neighborhood of Forest Lake; an idyllic location 3 miles to Biltmore Village and 10 minutes to Downtown Asheville! No detail overlooked in recent renovations!! A true gem and must see!! High Speed AT&T fiber optics at house. New red oak hardwoods upstairs, new engineered hickory hardwoods downstairs with new tile floors in the laundry room. Remodeled kitchen with new SS appliances, gas range, European tile flooring/backsplash and new lighting. Gorgeous and private tigerwood backyard deck with continuous flow natural stone waterfall and granite retaining walls. Over $10,000 in perennial landscaping creates a must see outdoor space. New paint inside and out! New gas hot water heater. Professional pictures to be ready August 6th

Last Agent to Sell the Property

Marsha Neese

Unique: A Real Estate Collective License #284303 Listed on: 08/07/2021

Last Buyer's Agent

Stacey Enos

Mosaic Community Lifestyle Realty License #279614

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 0.31

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Gas Log Fireplace

Flooring

  • Wood
  • Tile

Utilities

  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9656-48-7608-00000
  • Tax Block 147

Community Details

Overview

  • Forest Lake Association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Level
  • Ratio Close Price By List Price: 0.93636
  • Ratio Close Price By Original Li: 0.93636
  • Ratio Current Price By Acre: 1661290.32
  • Ratio Current Price By Sq Ft: 239.65
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Natural Gas, Radon Mitigation System, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Available, Open Floorplan
  • Laundry Location: Lower, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 724
  • Main Level Sq Ft: 1425
  • Total Sq Ft: 2149

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

  • Heating: Gas Hot Air Furnace, Gas Water Heater, Heat Pump - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Lake, Recreation Area
  • Association Fee: 262.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Forest Lake
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Mountain View, Views, Year Round View
  • Parcel Number: 9656-48-7608-00000
  • Plat Book Slide: 47
  • Zoning Specification: RS4

Tax Info

  • Tax Value: 337200.00
  • Tax Block: 147
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Sep 9, 2021
Sold by
Remick Gary Lynn and Remick Deborah Sue
Bought by
Nichols Alison and Taylor Julia Ann
Seller's Agent
Marsha Neese
Unique: A Real Estate Collective
Buyer's Agent
Stacey Enos
Mosaic Community Lifestyle Realty
List Price
$565,000
Sold Price
$515,000
Premium/Discount to List
-$50,000
-8.85%
Current Estimated Value
$636,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,163
Avg. Annual Appreciation
5.16%
Original Mortgage
$390,400
Outstanding Balance
$354,705
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$281,458

Purchase Details

Listed on
May 20, 2016
Closed on
Nov 14, 2016
Sold by
Morin Joseph F and Morin Mary E
Bought by
Remick Gary Lynn and Remick Debbie Sue
Seller's Agent
Tarry Crockett
Home And Land For Sale
Buyer's Agent
Marsha Neese
Unique: A Real Estate Collective
List Price
$349,000
Sold Price
$335,000
Premium/Discount to List
-$14,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$318,250
Interest Rate
3.42%
Mortgage Type
New Conventional
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
Nichols Alison $515,000 None Available
Remick Gary Lynn $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Alison $390,400
Previous Owner Remick Gary Lynn $318,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $515,000 -6.4% $240 / Sq Ft
08/26/2021 08/26/21 Price Changed $550,000 -2.7% $256 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $565,000 0.0% $263 / Sq Ft
07/29/2021 07/29/21 Price Changed $565,000 +68.7% $263 / Sq Ft
11/21/2016 11/21/16 Sold $335,000 -4.0% $174 / Sq Ft View Prior Sale
09/13/2016 09/13/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $349,000 -- $181 / 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 $3,771 $406,800 $73,900 $332,900
2024 $3,771 $406,800 $73,900 $332,900
2023 $3,771 $406,800 $73,900 $332,900
2022 $3,625 $406,800 $0 $0
2021 $3,004 $337,200 $0 $0
2020 $2,810 $293,400 $0 $0
2019 $2,810 $293,400 $0 $0
2018 $2,810 $293,400 $0 $0
2017 $2,840 $195,500 $0 $0
2016 $2,109 $195,500 $0 $0
2015 $2,109 $195,500 $0 $0
2014 $2,080 $195,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3767190

Canopy MLS (Canopy Realtor® Association)

APN: 9656-48-7608-00000