NOT LISTED FOR SALE

124 Summit Tower Cir Unit 215 Asheville, NC 28804

Estimated Value: $385,396 - $393,000

1.72 Acres
$226,802 Price per Acre
74,923 Sq Ft Lot

Last Sold April 15, 2021

Last sale price $255,000

Est. 53% increase in value since last sale

Current estimated payment $2,488/month

483 Days on Market

About This Lot

As of April 2021

Beautiful 1.72 acre lot in the Reynolds Mountain Community. Amazing place to build your dream home. Long range views of spectacular fall colors. Conveniently located above the shops and dining of Reynolds Village, and just a few miles away from bustling Merrimon Avenue amenities. Peace of mind in proximity to city living.

Last Agent to Sell the Property

Steven Ouellette

Fathom Realty NC LLC License #292557 Listed on: 10/22/2019

Fathom Realty NC LLC

Co-Listed By

Aaron Kraft

WEICHERT, Realtors - Unlimited License #241085

Last Buyer's Agent

Marilyn Wright

Premier Sotheby’s International Realty License #265917

Premier Sotheby’s International Realty

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $100 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9741-01-5675-00000
  • Tax Block 73

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-6875

Recreation

  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.94479
  • Ratio Close Price By Original Li: 0.92761
  • Ratio Current Price By Acre: 148255.81
  • Restrictions: Architectural Review, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 8286506875

Utilities

  • Sewer: County Sewer, Tap Fee Required
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Woodfin/Eblen
  • Middle School: Clyde A Erwin
  • High School: Clyde A Erwin

Lot Info

  • Lot Dimension: 321x351x360x110
  • Lot Features: Long Range View, Mountain View, Views
  • Lot Size Area: 1.720
  • Parcel Number: 9741-01-5675-00000
  • Zoning Specification: R21
  • Plat Book Slide: 92
  • Plat Reference Section Pages: 0092/0073
  • Wooded Acres: 1.72

Tax Info

  • Tax Value: 279500.00
  • Tax Block: 73
  • Tax Location: Woodfin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Apr 14, 2021
Sold by
Hogerbeifde Brad W and Hogerhide Jamie L
Bought by
Holzer Josef Frank and Holzer Cecila Diane
Seller's Agent
Steven Ouellette
Fathom Realty NC LLC
Buyer's Agent
Marilyn Wright
Premier Sotheby’s International Realty
List Price
$274,900
Sold Price
$255,000
Premium/Discount to List
-$19,900
-7.24%
Current Estimated Value
$390,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,099
Avg. Annual Appreciation
10.22%
Original Mortgage
$191,250
Outstanding Balance
$173,049
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$217,050

Purchase Details

Closed on
Aug 5, 2004
Sold by
Reynolds Mountain Development Llc
Bought by
Hogerheide Brad E and Hogerheide Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,910
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Holzer Josef Frank $255,000 None Available
Hogerheide Brad E $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holzer Josef Frank $191,250
Previous Owner Hogerheide Brad $192,877
Previous Owner Hogerheide Brad E $189,945
Previous Owner Hogerheide Brad E $188,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $255,000 -5.5% --
02/16/2021 02/16/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $269,900 -1.8% --
10/16/2020 10/16/20 For Sale $274,900 +7.8% --
10/11/2020 10/11/20 Off Market $255,000 -- --
10/22/2019 10/22/19 For Sale $274,900 -- --
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
2024 $3,146 $329,900 $329,900 --
2023 $3,146 $329,900 $329,900 $0
2022 $3,048 $329,900 $0 $0
2021 $3,048 $329,900 $0 $0
2020 $2,680 $279,500 $0 $0
2019 $2,680 $279,500 $0 $0
2018 $2,541 $279,500 $0 $0
2017 $2,569 $252,200 $0 $0
2016 $2,545 $252,200 $0 $0
2015 $2,545 $252,200 $0 $0
2014 $2,545 $252,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3562383

Canopy MLS (Canopy Realtor® Association)

APN: 9741-01-5675-00000