NOT LISTED FOR SALE

1221 Arborcrest Way Unit 76 Swannanoa, NC 28778

Estimated Value: $971,000 - $1,151,000

2 Beds
2.5 Baths
1,646 Sq Ft
$640/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $645,000 $392 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,361/month

2 Days on Market

Highlights

  • New Construction
  • 2.4 Acre Lot
  • Mountain View
  • Waterfall on Lot
  • Open Floorplan
  • Deck

About This Home

As of June 2020

2.4 acres, adjacent to a tumbling waterfall and mountain stream, this custom, contemporary home seamlessly blends concrete, wood and steel to create a unique, open living concept. 15' ceilings with exposed duct work. 2 full bedroom suites with private decks overlooking a rushing mountain stream. 10' tri-folding door, three 8' sliding glass doors blending interior and exterior living areas. Large open kitchen with concrete floors, 10' center island and custom cabinetry. Audio wiring throughout with interior and exterior speakers.

Last Listed By

Andy Baker

TFM Carolina LLC Brokerage Email: andy@tfmcarolina.com License #266382 Listed on: 05/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,390

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2.4 Acre Lot
  • Private Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R-2

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Slab Foundation
  • Advanced Framing
  • Spray Foam Insulation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Sound System
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Flush Toilets
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Parking

  • Detached Carport Space
  • Workshop in Garage
  • Golf Cart Garage

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • No or Low VOC Paint or Finish
  • Fresh Air Ventilation System

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Covered patio or porch
  • Waterfall on Lot

Schools

  • Wd Williams Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 968884032900000

Community Details

Overview

  • Built by Precision Craftsmen
  • High Hickory Subdivision, Custom Floorplan
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,390

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2020
  • Restrictions: Deed,Short Term Rental Allowed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Stone, Paved
  • Unit Levels: Split Level
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 391.86
  • Bedroom Lower: 2
  • Attribution Contact: andy@tfmcarolina.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab, Other - See Remarks
  • Fireplace: No
  • Flooring: Concrete, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Cable Prewire, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 741
  • Main Level Sq Ft: 905
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Disposal, Dual Flush Toilets, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Light Fixtures, ENERGY STAR Qualified Refrigerator, Gas Range, Low Flow Fixtures, Propane Water Heater, Self Cleaning Oven, Tankless Water Heater
  • Other Equipment: Surround Sound
  • Above Grade Finished Sq Ft: 1646
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1646
  • Room Count: 9

Exterior Features

  • New Construction: Yes
  • Roof: Metal
  • Construction Type: Site Built
  • View: Mountain(s)
  • Waterfront Features: None
  • Waterfront Elevation: 2500
  • Construction Type: Fiber Cement, Wood, Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Carport, Garage Shop, Golf Cart Garage

Utilities

  • Heating: ENERGY STAR Qualified Equipment, Fresh Air Ventilation, Heat Pump, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Lower Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Utilities: Cable Available, Propane, Underground Power Lines, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Recreation Area, Walking Trails, Other
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Creek Front, Paved, Private, Sloped, Creek/Stream, Wooded, Views, Waterfall
  • Lot Size Area: 2.4
  • Lot Size Units: Acres
  • Parcel Number: 968884032900000
  • Plat Reference Section Pages: 196/180
  • Development Status: Completed
  • Lot Size Acres: 2.4
  • Lot Size Sq Ft: 104544
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

Green Features

  • Green Sustainability: Advanced Framing, Concrete Construction, Engineered Wood Products, Low VOC Coatings, Spray Foam Insulation
  • Green Verification Count: 2

Building Info

  • Builder Name: Precision Craftsmen

MLS Schools

  • Elementary School: WD Williams
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 29, 2020
Sold by
Ripple Falls Llc
Bought by
Amoroso Gregory and Amoroso Michele
Seller's Agent
Andy Baker
TFM Carolina LLC
Buyer's Agent
Leslie Grantham
TFM Carolina LLC
List Price
$649,900
Sold Price
$645,000
Premium/Discount to List
-$4,900
-0.75%
Total Days on Market
2
Current Estimated Value
$1,053,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,771
Avg. Annual Appreciation
10.54%
Original Mortgage
$350,000
Outstanding Balance
$285,886
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$767,885

Purchase Details

Closed on
May 31, 2019
Sold by
Yingling Elizabeth and Yingling Brian P
Bought by
Ripple Falls Llc

Range of Values:

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Average Value
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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
Amoroso Gregory $645,000 None Available
Ripple Falls Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amoroso Gregory $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $645,000 -0.8% $392 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $649,900 -- $395 / 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
2023 $4,390 $578,700 $163,400 $415,300
2022 $3,634 $578,700 $0 $0
2021 $3,634 $578,700 $0 $0
2020 $2,647 $395,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3623628

Canopy MLS (Canopy Realtor® Association)

APN: 9688-84-0329-00000