NOT LISTED FOR SALE

14 Silver Lining Dr Unit 9 Black Mountain, NC 28711

Estimated Value: $426,000 - $535,000

3 Beds
2.5 Baths
1,920 Sq Ft
1,307 Sq Ft Lot

Last Sold September 21, 2020

Last sale price $309,000 $161 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,758/month

39 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Arts and Crafts Architecture
  • Wood Flooring
  • Walk-In Closet

About This Home

As of September 2020

Beautifully maintained town-home in the Rainbow Terrace Subdivision!! This town-home features a single-car garage and additional parking spot, master on the main, and great outdoor spaces consisting of a front porch, second-floor balcony, and glass-enclosed 3- season patio. Maintenance-free, friendly neighborhood and walking distance to all shops and restaurants of downtown Black Mountain. Well-equipped kitchen, cozy gas fireplace, Mohawk Flooring,
Pella Doors, Anderson Windows & laminate tile flooring throughout. Second-floor bonus space, perfect for a den or office space. Arts & Crafts design. This home won't last long!

Last Agent to Sell the Property

Tim Johnson

Black Bear Realty WNC License #304267 Listed on: 06/12/2020

Co-Listed By

Emily Bartlett

Emily Bartlett Real Estate License #304352

Last Buyer's Agent

Emily Bartlett

Emily Bartlett Real Estate License #304352

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 1,307

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

Listing and Financial Details

  • Assessor Parcel Number 0710-60-3668-00000

Community Details

Overview

  • Rainbow Terrace Townhomes Community Association

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

1,307 Sq Ft Lot

HOA Fees

$125 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96593
  • Ratio Close Price By Original Li: 0.95077
  • Ratio Current Price By Acre: 10300000.00
  • Ratio Current Price By Sq Ft: 160.94
  • Unit Floor Level: 1
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 919
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Entry Level: Main
  • Equipment: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Open Floorplan, Pantry, Skylight(s), Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1001
  • Total Sq Ft: 1920

Exterior Features

  • Construction: Hardboard Siding, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Garage - 1 Car, Parking Space - 1

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • Complex Name: Rainbow Terrace
  • HOA Management Company: Rainbow Terrace Townhomes Community
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Mountain View, Views, Year Round View
  • Parcel Number: 0710-60-3668-00000
  • Plat Book Slide: 0121/0086
  • Zoning Specification: RES

Tax Info

  • Tax Value: 232700.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 18, 2020
Sold by
Saraney Gene L and Saraney Christine
Bought by
Hagwood Phillip and Hagwood Karen
Seller's Agent
Tim Johnson
Black Bear Realty WNC
Buyer's Agent
Emily Bartlett
Emily Bartlett Real Estate
List Price
$324,999
Sold Price
$309,000
Premium/Discount to List
-$15,999
-4.92%
Current Estimated Value
$464,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,613
Avg. Annual Appreciation
7.71%
Original Mortgage
$228,660
Outstanding Balance
$162,817
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$301,796

Purchase Details

Closed on
Nov 20, 2015
Sold by
Cannon Alberta E
Bought by
Cannon Alberta E and Alberta E Cannon Revocable Trust

Purchase Details

Closed on
Nov 7, 2006
Sold by
Buie Stephen E and Buie Billie H
Bought by
Cannon Alberta E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hagwood Phillip $309,000 None Available
Cannon Alberta E -- None Available
Cannon Alberta E $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagwood Phillip $228,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $309,000 -3.4% $161 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $319,900 -1.6% $167 / Sq Ft
06/12/2020 06/12/20 For Sale $324,999 -- $169 / 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 $2,584 $308,100 $30,000 $278,100
2024 $2,584 $308,100 $30,000 $278,100
2023 $2,584 $308,100 $30,000 $278,100
2022 $2,446 $308,100 $0 $0
2021 $2,446 $308,100 $0 $0
2020 $2,005 $232,700 $0 $0
2019 $2,005 $232,700 $0 $0
2018 $2,005 $232,700 $0 $0
2017 $0 $212,300 $0 $0
2016 $2,078 $212,300 $0 $0
2015 -- $212,300 $0 $0
2014 $2,078 $212,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Johnson

    Seller's Agent in 2020

    Tim Johnson

    Black Bear Realty WNC

    (828) 423-3578

    34 in this area

    134 Total Sales

    Tim Johnson
    Section Image
  • Emily Bartlett

    Seller Co-Listing Agent in 2020

    Emily Bartlett

    Emily Bartlett Real Estate

    (828) 460-9195

    3 in this area

    83 Total Sales

    Emily Bartlett
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3630544

Canopy MLS (Canopy Realtor® Association)

APN: 0710-60-3668-00000

North Carolina Buncombe County Black Mountain 28711

14 Silver Lining Dr Unit 9, Black Mountain, NC

Not Listed for Sale

Condos

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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