NOT LISTED FOR SALE

120 Somersby Pkwy Unit B1 Laurel Park, NC 28739

Estimated Value: $1,090,000

0.38 Acre
$2,868,421 Price per Acre
16,553 Sq Ft Lot

Last Sold August 05, 2020

Last sale price $9,500

Est. 11,374% increase in value since last sale

Current estimated payment $5,899/month

401 Days on Market

Highlights

  • Gated Community
  • Pond
  • Corner Lot
  • Hendersonville High School Rated A-
  • Wooded Lot
  • Front Green Space

About This Lot

As of August 2020

Build your dream home on this beautiful lot overlooking a pond and waterfall. Located in the private gated community of Somersby Park, where you'll enjoy hiking trails and mountain views. Somersby Park is a magnificent 160-acre private mountain community located adjacent to Jump Off Rock in beautiful Laurel Park. Offered at less than half tax value!

Last Agent to Sell the Property

Matt Jones

Pinnacle Lifestyle Realty LLC License #279516 Listed on: 06/11/2019

Last Buyer's Agent

Matt Jones

Pinnacle Lifestyle Realty LLC License #279516 Listed on: 06/11/2019

Property Details

Property Type

  • Land

Lot Details

  • Front Green Space
  • Corner Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $125 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9965304

Community Details

Overview

  • Somersby Park Association

Recreation

  • Trails
  • Pond

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.48718
  • Ratio Current Price By Acre: 25000.00
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed
  • Special Features: None

Interior Features

  • Foundation Details: Basement

Utilities

  • Sewer: Community Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Pond, Street Lights, Walking Trails
  • Association Fee: 1500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Somersby Park
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Artificial Waterfall, Corner Lot, Green Area, Mountain View, Paved Frontage, Lake, Trees, Views, Water view, Wooded
  • Parcel Number: 9965304
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 45900.00
  • Tax Location: Laurel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Whitham Margaret K and Whitham Robert C
Bought by
Brame Jay Roshad
Current Estimated Value
$1,090,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,800
Outstanding Balance
$22,588
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,067,412

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 5, 2020
Sold by
Doebler Cathy L and Doebler Larry R
Bought by
Whitham Margaret K and Whitham Robert C
Seller's Agent
Matt Jones
Pinnacle Lifestyle Realty LLC
Buyer's Agent
Matt Jones
Pinnacle Lifestyle Realty LLC
List Price
$19,500
Sold Price
$9,500
Premium/Discount to List
-$10,000
-51.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
145.11%

Purchase Details

Closed on
May 12, 2016
Sold by
First Citizens Bank & Trust
Bought by
Doebler Larry R and Doebler Cathy L

Purchase Details

Closed on
Dec 21, 2005
Sold by
Standing Stone Llc
Bought by
Development Resources Of S Car
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
Brame Jay Roshad $33,500 None Listed On Document
Whitham Margaret K $9,500 None Available
Doebler Larry R $14,500 --
Development Resources Of S Car $143,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brame Jay Roshad $26,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $9,500 0.0% --
07/16/2020 07/16/20 Pending -- -- --
04/29/2020 04/29/20 Price Changed $9,500 -34.5% --
12/03/2019 12/03/19 Price Changed $14,500 -25.6% --
06/11/2019 06/11/19 For Sale $19,500 -- --
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 $347 $42,000 $42,000 $0
2024 $347 $42,000 $42,000 $0
2023 $347 $42,000 $42,000 $0
2022 $418 $42,000 $42,000 $0
2021 $418 $42,000 $42,000 $0
2020 $418 $42,000 $0 $0
2019 $418 $42,000 $0 $0
2018 $259 $45,900 $0 $0
2017 $259 $45,900 $0 $0
2016 $259 $45,900 $0 $0
2015 -- $45,900 $0 $0
2014 -- $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3515637

Canopy MLS (Canopy Realtor® Association)

APN: 9965304