NOT LISTED FOR SALE

123 Willow Lake Dr Asheville, NC 28805

Estimated Value: $421,000 - $517,922

4 Beds
3 Baths
2,531 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $430,000 $170 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,231/month

154 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Pond
  • Charles C Bell Elementary Rated A-
  • Deck
  • Living Room with Fireplace

About This Home

As of April 2023

MOTIVATED SELLER!! NOW UNDER $170./SQ.FT.!! Rare Opportunity in popular Riverknoll. Townhome is one of the largest in Riverknoll with River and pond views. Just 10 minutes to downtown Asheville & Black Mountain, approximately 1 mile to I-40, Blue Ridge Parkway, and VA Hospital. Open and bright living, dining area with hardwood floors, vaulted ceilings and gas log fireplace.The 4 bedrooms include an oversized Primary Suite & Bath, and possible IN-LAW suite on lower level with outside entrance. Solarium room wired for a HOT TUB and has room for home office or hobbies. Front deck overlooks a pond with beautiful fountain and the Swannanoa River and is perfect for entertaining and grilling. Convenient parking with one-car garage and the driveway contains 2 additional guest spots. River Knoll is an established private community, NO CITY TAXES! The HOA FEE covers exterior maintenance, grounds keeping, pond, water, sewer, garbage/recycling, and road maintenance. Underground utilities.

Last Agent to Sell the Property

Alice Griffin

Allen Tate/Beverly-Hanks Asheville-Downtown License #189395 Listed on: 09/16/2022

Allen Tate/Beverly-Hanks Asheville-Downtown

Last Buyer's Agent

Claire Chambers

Allen Tate/Beverly-Hanks Asheville-North License #295575

Allen Tate/Beverly-Hanks Asheville-North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 1988

Lot Details

  • 3,920 Sq Ft Lot
  • Front Green Space

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • 2 Open Parking Spaces

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Hardboard
  • Stucco

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck
  • Front Porch

Schools

  • Bell Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9668-96-5032-00000

Community Details

Overview

  • Riverknoll HOA
  • Riverknoll Condos
  • Riverknoll Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,527

Year Built

Built in 1988

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 1988
  • Restrictions: Other - See Remarks
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 169.89
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Entry Level: 2
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Entrance Foyer, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1510
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 531
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 531
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1510
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1021
  • Entry Location: Main
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2531
  • Window Features: Window Treatments
  • Bedroom Main: 2
  • Room Count: 13
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Mountain(s), Water
  • Construction Type: Hard Stucco, Hardboard Siding
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Basement, Attached Garage, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Pond
  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Riverknoll
  • Senior Community: No
  • Association Name: Riverknoll HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 6000.00

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: Required

Lot Info

  • Lot Features: Green Area
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Parcel Number: 9668-96-5032-00000
  • Plat Book Slide: 51/108
  • Land Included Yn: 1
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

MLS Schools

  • Elementary School: Bell
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Mar 27, 2023
Sold by
Daugherty Judith C
Bought by
Foley Stephanie and Foley Annmarie
Seller's Agent
Alice Griffin
Allen Tate/Beverly-Hanks Asheville-Downtown
Buyer's Agent
Claire Chambers
Allen Tate/Beverly-Hanks Asheville-North
List Price
$490,000
Sold Price
$430,000
Premium/Discount to List
-$60,000
-12.24%
Views
210
Current Estimated Value
$462,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,523
Avg. Annual Appreciation
3.37%
Original Mortgage
$230,000
Outstanding Balance
$224,686
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$240,468

Purchase Details

Listed on
Oct 25, 2018
Closed on
Mar 14, 2019
Sold by
Barnhill Brenda W
Bought by
Daugherty Judith C
Seller's Agent
Angela Booher
Unique: A Real Estate Collective
Buyer's Agent
Alice Griffin
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$269,000
Sold Price
$259,000
Premium/Discount to List
-$10,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Deferie Suzanne S and Deferie David A
Bought by
Barnhill Brenda W
Source: Public Records

Range of Values:

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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
Foley Stephanie $430,000 --
Daugherty Judith C $259,000 None Available
Barnhill Brenda W $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foley Stephanie $230,000
Previous Owner Daugherty Judith C $150,000
Previous Owner Barnhill Brenda W $100,000
Previous Owner Barnhill Brenda W $45,000
Previous Owner Deferie David A $180,000
Previous Owner Deferie David A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $430,000 0.0% $170 / Sq Ft
10/17/2022 10/17/22 Price Changed $430,000 -5.5% $170 / Sq Ft
09/29/2022 09/29/22 Price Changed $455,000 -7.1% $180 / Sq Ft
09/16/2022 09/16/22 For Sale $490,000 +89.2% $194 / Sq Ft
03/15/2019 03/15/19 Sold $259,000 -3.7% $102 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
10/25/2018 10/25/18 For Sale $269,000 -- $106 / 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 $2,527 $380,600 $25,000 $355,600
2022 $1,695 $267,400 $0 $0
2021 $1,695 $267,400 $0 $0
2020 $1,731 $256,800 $0 $0
2019 $1,731 $256,800 $0 $0
2018 $1,667 $256,800 $0 $0
2017 $1,667 $231,800 $0 $0
2016 $1,655 $231,800 $0 $0
2015 $1,655 $231,800 $0 $0
2014 $1,655 $231,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3904071

Canopy MLS (Canopy Realtor® Association)

APN: 9668-96-5032-00000