NOT LISTED FOR SALE

14 Majestic Overlook Way Unit 51 Biltmore Lake, NC 28715

Estimated Value: $77,949 - $100,000

1.25 Acres
$73,053 Price per Acre
54,450 Sq Ft Lot

Last Sold March 30, 2021

Last sale price $68,000

Est. 34% increase in value since last sale

Current estimated payment $552/month

101 Days on Market

About This Lot

As of March 2021

SEE VIRTUAL TOUR. Panoramic Long Range Sunset Views from the house site which sets on top of a high shelf above the road. Southern Winter Views towards Mount Pisgah. It’s gently sloped on the shelf & is ideal for a walkout basement. 1,800+ sf site built or off frame modular homes. STR's Allowed. Experience the re-birth of a private, gated & paved subdivision with buried utilities. New homes are under construction. It has been frozen in time since the market crash. No POA or Developer Debts. 60/61 Property Owners are current on POA Fees. Sellers are having a Soil Scientist renew the expired Septic Permit so it won’t expire. I-40, the shopping conveniences & restaurants of Candler are just 5 minutes away. Asheville’s Arts & Breweries are a short 15+ minute drive. Whether you’re looking to move into the mountains or just need that weekend retreat, this property offers peace & tranquility for your dream home. 2-5 years Seller Financing considered with 25% down payment. Excellent Investment

Last Agent to Sell the Property

Steven Noga

Dwell Realty Group License #233070 Listed on: 10/09/2020

Last Buyer's Agent

Jeff Baker

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #295941

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot
  • Many Trees

HOA Fees

  • $54 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

  • Ashewood Community Assoc. Association, Phone Number (704) 255-1266

Listing and Financial Details

  • Assessor Parcel Number 9608-58-8963-00000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.85106
  • Ratio Close Price By Original Li: 0.85106
  • Ratio Current Price By Acre: 54400.00
  • Restrictions: Architectural Review, Modular Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-255-1266

Exterior Features

  • Construction Type: Off Frame Modular, Site Built

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association Fee: 650.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Ashewood Community Assoc.
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View, Rolling, Sloping, Trees, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 1.250
  • Parcel Number: 9608-58-8963-00000
  • Zoning Specification: OU
  • Plat Book Slide: 0120/0102

Tax Info

  • Tax Value: 50900.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Mar 24, 2021
Sold by
Covian Lawrence H and Covian Chiyoko
Bought by
Page Michael and Page Rikke
Seller's Agent
Steven Noga
Dwell Realty Group
Buyer's Agent
Jeff Baker
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$79,900
Sold Price
$68,000
Premium/Discount to List
-$11,900
-14.89%
Current Estimated Value
$91,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,316
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Ashewood Development Llc
Bought by
Covian Lawrence H and Covian Chiyoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,925
Interest Rate
3.65%
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
Page Michael $68,000 None Available
Covian Lawrence H $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covian Lawrence H $59,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $68,000 -14.9% --
01/18/2021 01/18/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $79,900 -- --
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 $227 $35,600 $35,600 --
2024 $227 $35,600 $35,600 --
2023 $227 $35,600 $35,600 $0
2022 $211 $35,600 $0 $0
2021 $211 $35,600 $0 $0
2020 $323 $50,900 $0 $0
2019 $323 $50,900 $0 $0
2018 $315 $50,900 $0 $0
2017 $0 $30,500 $0 $0
2016 $212 $30,500 $0 $0
2015 $212 $30,500 $0 $0
2014 $212 $30,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3668792

Canopy MLS (Canopy Realtor® Association)

APN: 9608-58-8963-00000