NOT LISTED FOR SALE

14 Lela Ln Alexander, NC 28701

Estimated Value: $390,000 - $469,000

0.93 Acre
$449,859 Price per Acre
40,511 Sq Ft Lot

Last Sold October 14, 2016

Last sale price $28,000

Est. 1,394% increase in value since last sale

Current estimated payment $2,324/month

14 Days on Market

Highlights

  • Many Trees
  • North Buncombe Middle Rated A-
  • Open Lot

About This Lot

As of October 2016

Beautiful lying cleared gentle knoll with a few scattered oak trees and long range mountain views. Quick 4 lane access yet rural N Buncombe setting. Deed restricted to one level home 1500 sq ft minimum, two story home 1200 sq ft main level 1850 total. No mobiles or doublewides. Adjoining .93 Acre lot (MLS # 3174507) available @ $24,900. 1/2 of Pin # 9724-74-1027 see plat & deed restrictions attached.

Last Agent to Sell the Property

Dale Merrill

RE/MAX Executive License #63822 Listed on: 05/06/2016

RE/MAX Executive

Last Buyer's Agent

Paul Tierney

Weaverville Realty License #177828

Property Details

Property Type

  • Land

Lot Details

  • Open Lot
  • Many Trees

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 9724-74-1027-00000
  • Tax Block 62

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.93645
  • Ratio Close Price By Original Li: 0.93645
  • Ratio Current Price By Acre: 30107.53
  • Restrictions: Manufactured Home Not Allowed, Modular Allowed, Square Feet
  • Restrictions Description: See Attachment
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space, Slab

Exterior Features

  • Construction Type: Off Frame Modular, Site Built
  • Cleared Acres: 0.93

Lot Info

  • Lot Dimension: 200x220x191x195
  • Lot Features: Long Range View, Mountain View, Open Lot, Rolling, Trees, Views, Year Round View
  • Parcel Number: 9724-74-1027-00000
  • Zoning Specification: OU
  • Plat Book Slide: 66
  • Plat Reference Section Pages: 266

Tax Info

  • Tax Value: 29800.00
  • Tax Amount Ncm: 29800.00
  • Tax Block: 62
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Lone Pine Properties Llc
Bought by
Colandrea Blake J and Colandrea Nicole Marie
Current Estimated Value
$418,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Outstanding Balance
$259,036
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$159,333

Purchase Details

Closed on
Nov 12, 2019
Sold by
Franklin Jason B and Franklin Hannah W
Bought by
Lone Pine Properties Llc

Purchase Details

Closed on
Apr 27, 2018
Sold by
Coxe Bobby E and Coxe Muriel A
Bought by
Reeves Dewayne and Franklin Jason

Purchase Details

Listed on
May 6, 2016
Closed on
Oct 13, 2016
Sold by
Coxe Bobby E and Coxe Muriel A
Bought by
Cook John P and Cook Rhonda D
Seller's Agent
Dale Merrill
RE/MAX Executive
Buyer's Agent
Paul Tierney
Weaverville Realty
List Price
$29,900
Sold Price
$28,000
Premium/Discount to List
-$1,900
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.08%
Original Mortgage
$211,767
Interest Rate
3.46%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2000
Sold by
Wilson Charles L and Wilson Mary E
Bought by
Coxe Bobby E and Coxe Muriel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,270
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Colandrea Blake J $369,000 None Listed On Document
Lone Pine Properties Llc -- None Available
Reeves Dewayne $18,000 None Available
Cook John P $28,000 Chicago Title Insurance Comp
Coxe Bobby E $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colandrea Blake J $276,750
Previous Owner Cook John P $211,767
Previous Owner Coxe Bobby E $27,270
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $28,000 -6.4% --
05/20/2016 05/20/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $29,900 -- --
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
2025 $1,666 $256,000 $32,900 $223,100
2024 $1,666 $256,000 $47,900 $208,100
2023 $1,666 $256,000 $47,900 $208,100
2022 $1,502 $252,200 $0 $0
2021 $772 $129,600 $0 $0
2020 $154 $23,800 $0 $0
2019 $154 $23,800 $0 $0
2018 $154 $23,800 $0 $0
2017 $157 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3164400

Canopy MLS (Canopy Realtor® Association)

APN: 9724-74-1116-00000