NOT LISTED FOR SALE

1397 Newfound Rd Leicester, NC 28748

Estimated Value: $71,967

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold December 31, 2021

Last sale price $1,200,000

Current estimated payment $391/month

431 Days on Market

About This Lot

As of December 2021

159 acres +/- 18 minutes from downtown Asheville. Offering includes PIN 8689323536, offered as 9999 Newfound Road. Amazing long range mountain views from approximately 35+ acres of pasture with views all the way to Hamburg Mountain in Weaverville. Logging road to upper portion of the property. The uses for this property are endless. A great family compound or estate with room for all the livestock one could want. Amazing availability of spring water and creeks. Rarely does a property of this size and magnitude come on the market so close to the Asheville area.

Last Agent to Sell the Property

Greg Palombi

The Real Estate Center License #A4077 Listed on: 08/25/2020

Last Buyer's Agent

Alan Wray

Heartwood Realty LLC License #282251

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot
  • Many Trees

Schools

  • Leicester/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Farming

  • Pasture
  • Fenced For Cattle

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 8689323536 & 8689512585

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Farm
  • Ratio Close Price By List Price: 0.92379
  • Ratio Close Price By Original Li: 0.92379
  • Ratio Current Price By Acre: 7547.17
  • Restrictions: No Restrictions
  • Special Features: None

Exterior Features

  • Exterior Features: Fenced Pasture

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • Elementary School: Leicester/Eblen
  • Middle School: Clyde A Erwin
  • High School: Clyde A Erwin
  • Middle Or Junior School: Clyde A Erwin

Lot Info

  • Lot Features: Long Range View, Mountain View, Pasture, Rolling, Steep, Trees, Wooded, Year Round View
  • Lot Size Area: 159.000
  • Parcel Number: 8689323536 & 8689512585
  • Zoning Specification: Open Use
  • Can Be Subdivided: Yes
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 761400.00
  • Tax Location: Buncombe

MLS Schools

  • Elementary School: Leicester/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2025
Sold by
1001 Fuller Llc
Bought by
Domovoy Llc
Current Estimated Value
$71,967

Purchase Details

Closed on
May 16, 2025
Sold by
Denton Lakota R and Denton Jacqueline C
Bought by
1001 Fuller Llc

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 22, 2021
Sold by
Williams Jason James and Williams Savannah
Bought by
Denton Lakota R
Seller's Agent
Greg Palombi
The Real Estate Center
Buyer's Agent
Alan Wray
Heartwood Realty LLC
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-52.41%
Original Mortgage
$840,000
Interest Rate
3.12%
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
Domovoy Llc -- None Listed On Document
Domovoy Llc -- None Listed On Document
1001 Fuller Llc $2,570,500 None Listed On Document
1001 Fuller Llc $2,570,500 None Listed On Document
Denton Lakota R $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denton Lakota R $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2021 12/31/21 Sold $1,200,000 -7.6% --
10/30/2021 10/30/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $1,299,000 0.0% --
01/26/2021 01/26/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $1,299,000 0.0% --
11/09/2020 11/09/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $1,299,000 -- --
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 $117 $216,400 $208,500 $7,900
2024 $117 $216,400 $208,500 $7,900
2023 $117 $216,400 $208,500 $7,900
2022 $112 $216,400 $208,500 $7,900
2021 $112 $17,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3654068

Canopy MLS (Canopy Realtor® Association)

APN: 8689-51-2585-00000