NOT LISTED FOR SALE

131 Cascade Ridge Rd Fairview, NC 28730

Estimated Value: $499,000 - $562,000

3 Beds
2 Baths
1,437 Sq Ft
$366/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $450,000 $313 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,068/month

143 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Pond
  • Fairview Elementary School Rated A-
  • Deck
  • Farmhouse Style Home

About This Home

As of January 2023

Welcome to Cascade Ridge, one of Western NC's newest communities! Built in a modern farmhouse aesthetic, this home offers an expansive front porch, spacious rear deck, hardboard siding, and mountain views. The interior boasts an open floorpan, three bedrooms, two baths, kitchen island, and mudroom. There is also room to grow and let your DIY imagination come alive with an unfinished upper level with 805 sqft. of space and stairs in place to connect. Located in Fairview, just a short drive from downtown Asheville, independent coffee shops, local breweries, and eclectic restaurants will be some of your new and closest neighbors! The neighborhood allows short term rentals. Call to schedule your appointment!

Last Agent to Sell the Property

Scott Barfield

Scott Barfield Realty And Land Company License #164652 Listed on: 09/02/2022

Last Buyer's Agent

Galen Walter

LPT Realty, LLC License #313869

LPT Realty, LLC

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.5

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Deck

Schools

  • Fairview Elementary School
  • Cane Creek Middle School
  • Ac Reynolds High School

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Built by Excel
  • Cascade Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9686-14-8541-00000

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,443

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2022
  • Ratio Current Price By Acre: 900000.00
  • Restrictions: Architectural Review,Short Term Rental Allowed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2022-09-30
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 313.15
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1437
  • 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: 805
  • Sq Ft Unheated Upper: 805
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Deck,Front
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1437
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Underground Power Lines
  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Under Construction
  • Tax Location: Asheville
  • Construction Type: Off Frame Modular
  • Waterfront Elevation: 2000
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pond
  • Association Fee: 75
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 900.00

Lot Info

  • Lot Features: Mountain View, Views
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Parcel Number: 9686-14-8541-00000
  • Plat Book Slide: 217/148
  • Plat Reference Section Pages: 217-148
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Excel

Tax Info

  • RATIO List Price By Tax Amount: 8.51577

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Jan 18, 2023
Sold by
Bp Fairview Llc
Bought by
Borja Michael Gregory and Borja Maria Teresa
Seller's Agent
Scott Barfield
Scott Barfield Realty And Land Company
Buyer's Agent
Galen Walter
LPT Realty, LLC
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Views
72
Current Estimated Value
$526,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,161
Avg. Annual Appreciation
5.98%
Original Mortgage
$247,500
Outstanding Balance
$229,597
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$296,564
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
Borja Michael Gregory $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borja Michael Gregory $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $450,000 -2.0% $313 / Sq Ft
11/23/2022 11/23/22 Price Changed $459,000 -3.4% $319 / Sq Ft
10/27/2022 10/27/22 Price Changed $475,000 -2.9% $331 / Sq Ft
09/16/2022 09/16/22 Price Changed $489,000 -2.0% $340 / Sq Ft
09/02/2022 09/02/22 For Sale $499,000 -- $347 / 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
2025 $2,443 $352,200 $53,800 $298,400
2024 $2,443 $352,200 $53,800 $298,400
2023 $2,443 $352,200 $53,800 $298,400
2022 $124 $53,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3899027

Canopy MLS (Canopy Realtor® Association)

APN: 9686-14-8541-00000