NOT LISTED FOR SALE

132 S Ridgeway Ave Black Mountain, NC 28711

Estimated Value: $477,000 - $524,468

3 Beds
2 Baths
1,141 Sq Ft
$447/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $525,000 $460 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,763/month

15 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Storm Windows
  • Wood Flooring
  • Front Porch
  • Laundry Room

About This Home

As of July 2023

Rare opportunity to own a multi-use property in Trip Advisor’s “Prettiest Small Town in America”. Investors bring your imagination and discover what all can be done with this unique property located in the heart of downtown Black Mountian, within walking distance to restaurants, shopping, breweries, and coffee shops. A quick 15 min drive, you will be to Asheville or an amazing hiking spot. Property is being sold AS-IS

Last Agent to Sell the Property

Marlene Clevenger

Premier Sotheby’s International Realty License #189166 Listed on: 04/18/2023

Premier Sotheby’s International Realty

Last Buyer's Agent

Jessica Colley

Keller Williams Professionals License #286042

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence
  • Level Lot
  • Property is zoned CB

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • 2 Open Parking Spaces

Home Design

  • Composition Roof
  • Asbestos

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Crawl Space
  • Range Hood
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

  • Black Mountain Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Floor Furnace
  • Vented Exhaust Fan
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Ridgeway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0619-46-0360-00000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 460.12
  • Geocode Confidence: Medium
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1141
  • 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: Electric Water Heater, Exhaust Fan, Exhaust Hood
  • Above Grade Finished Sq Ft: 1141
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Screen Door(s), Storm Door(s)
  • Living Area: 1141
  • Window Features: Insulated Window(s), Storm Window(s), Window Treatments
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Chain Link, Partial, Privacy, Wood
  • Construction Type: Asbestos
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Detached Garage, Garage Faces Front

Utilities

  • Heating: Floor Furnace, Oil
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 0619-46-0360-00000
  • Zoning: CB
  • Plat Book Slide: 7/1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CB

MLS Schools

  • Elementary School: Black Mountain
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jul 24, 2023
Sold by
Banks William Henry and Banks Tanya Melton
Bought by
Ridgeway House Llc
Seller's Agent
Marlene Clevenger
Premier Sotheby’s International Realty
Buyer's Agent
Jessica Colley
Keller Williams Professionals
List Price
$600,000
Sold Price
$525,000
Premium/Discount to List
-$75,000
-12.5%
Views
44
Current Estimated Value
$510,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,633
Avg. Annual Appreciation
-1.09%

Purchase Details

Closed on
Dec 20, 2006
Sold by
Melton David C and Melton Shirley
Bought by
Melton David C and Melton Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
6.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records
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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
Ridgeway House Llc $525,000 None Listed On Document
Melton David C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melton David C $280,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $525,000 -12.5% $460 / Sq Ft
04/18/2023 04/18/23 For Sale $600,000 -- $526 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,688 $202,700 $91,500 $111,200
2024 $1,688 $201,300 $91,500 $109,800
2023 $1,688 $212,100 $91,500 $120,600
2022 $842 $212,100 $0 $0
2021 $842 $212,100 $0 $0
2020 $678 $157,500 $0 $0
2019 $678 $157,500 $0 $0
2018 $678 $157,500 $0 $0
2017 $686 $119,900 $0 $0
2016 $587 $119,900 $0 $0
2015 $587 $119,900 $0 $0
2014 $587 $119,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4016629

Canopy MLS (Canopy Realtor® Association)

APN: 0619-46-0360-00000

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