$400,000
SOLD MAR 14, 2025

124 Palmer Ford Rd Weaverville, NC 28787

3 Beds
1 Bath
960 Sq Ft
8 Acres

Recently Sold

$417 Per Sq Ft

20% Below List Price

73 Days on Market

Highlights

  • Hot Property
  • Private Lot
  • Farmhouse Style Home
  • North Windy Ridge School Rated A-
  • Wooded Lot
  • Fireplace

About This Home

As of March 2025

Classic 1958 Farmhouse on over seven and a half acres in desirable Weaverville area. Approx. 5 acres of pasture of if you want to bring your horses. Full basement for extra storage and room. Heat Pump with oil furnace back up. Newer roof, flooring and siding. A beautiful, peaceful setting for your Lady or Gentlemen Farmer. Just minutes from Weaverville, Asheville and all that Western North Carolina has to offer. Happy Holidays price drop!

Last Agent to Sell the Property

Bill Johnson

Keller Williams Professionals Brokerage Email: wljpesj@gmail.com License #191716 Listed on: 11/05/2024

Keller Williams Professionals

Co-Listed By

Peter Lorenz

Keller Williams Professionals Brokerage Email: wljpesj@gmail.com License #281872

Last Buyer's Agent

Paul Brown

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #336514

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1958

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned OU

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Farming

  • Pasture

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9735-64-5979-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,556

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1958
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 416.67
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: wljpesj@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 960
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 960
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 248
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1208
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Oven
  • Above Grade Finished Sq Ft: 960
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 960
  • Bedroom Main: 3
  • Room Count: 1
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Vinyl
  • Other Structures: None

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Oil
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Central Air, Heat Pump
  • Utilities: Electricity Connected, Other - See Remarks
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Creek Front, Green Area, Level, Pasture, Private, Wooded, Views, Other - See Remarks
  • Lot Size Area: 7.61
  • Lot Size Units: Acres
  • Parcel Number: 9735-64-5979-00000
  • Zoning: OU
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Mar 12, 2025
Sold by
Pack Teresa Coates and Coates Shirley
Bought by
Build-More Construction Company Llc
Seller's Agent
Bill Johnson
Keller Williams Professionals
Buyer's Agent
Paul Brown
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.13%
Original Mortgage
$255,000
Outstanding Balance
$146,975
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$199,582

Purchase Details

Listed on
Nov 5, 2024
Closed on
Mar 5, 2025
Sold by
Ellis James M
Bought by
Build-More Construction Company Llc
Seller's Agent
Bill Johnson
Keller Williams Professionals
Buyer's Agent
Paul Brown
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$146,975
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$199,582

Purchase Details

Closed on
May 22, 1990
Sold by
Coates Herbert C
Bought by
Coates
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Special Warranty Deed $400,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $415,000 +3.8% $399 / Sq Ft
03/14/2025 03/14/25 Sold $400,000 -5.9% $417 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/10/2024 12/10/24 Price Changed $425,000 -10.5% $443 / Sq Ft
11/27/2024 11/27/24 Price Changed $475,000 -5.0% $495 / Sq Ft
11/05/2024 11/05/24 For Sale $500,000 -- $521 / 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 $1,556 $241,200 $145,600 $95,600
2022 $1,436 $241,200 $0 $0
2021 $1,436 $241,200 $0 $0
2020 $1,251 $192,700 $0 $0
2019 $1,251 $192,700 $0 $0
2018 $1,251 $192,700 $0 $0
2017 $1,270 $186,300 $0 $0
2016 $1,349 $186,300 $0 $0
2015 $1,349 $186,300 $0 $0
2014 $1,349 $186,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4194761

Canopy MLS (Canopy Realtor® Association)

APN: 9735-64-5979-00000