NOT LISTED FOR SALE

146 Summit Tower Cir Asheville, NC 28804

Estimated Value: $158,000 - $351,000

0.93 Acre
$273,656 Price per Acre
40,511 Sq Ft Lot

Last Sold April 04, 2023

Last sale price $120,000

Est. 120% increase in value since last sale

Current estimated payment $1,785/month

255 Days on Market

Highlights

  • 0.93 Acre Lot
  • Picnic Area
  • Trails
  • Mountain View

About This Lot

As of April 2023

Back on market through no fault of seller. Huge price reduction! Build your home on this south facing lot in the upscale and well established community of Reynolds Mountain. At just under an acre, design your home to take in the southwesterly views and the passive solar setting and experience the convenience of this community with it's close proximity to Reynolds Mountain Village shops and fitness center, the County Club of Asheville and Donald Ross Golf Course, Fresh Market and Woodfin Greenway, just to mention a few. It is a quick 10 minute drive to downtown Asheville and 10 minutes to Weaverville.

Last Agent to Sell the Property

Doris Longworth

Allen Tate/Beverly-Hanks Asheville-North License #259868 Listed on: 07/11/2022

Allen Tate/Beverly-Hanks Asheville-North

Last Buyer's Agent

Craig Severance

Mosaic Community Lifestyle Realty License #205983

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,213

Lot Details

  • 0.93 Acre Lot
  • Sloped Lot
  • Possible uses of the property include Residential
  • Property is zoned R21

HOA Fees

  • $163 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Asheville City Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Underground Utilities
  • Water Tap or Transfer Fee
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 9741-01-7012-00000
  • Tax Block 73

Community Details

Overview

  • Tessier Association, Phone Number (828) 254-9842
  • Reynolds Mountain Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$2,213

Lot Details

0

HOA Fees

$163 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Possible Use: Residential
  • Basement YN: Yes
  • Room Count: 0

Exterior Features

  • Construction Type: Site Built
  • View: Mountain(s), Year Round
  • Waterfront Elevation: 2000
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Utilities: Cable Connected, Electricity Connected, Gas, Phone Connected, Underground Utilities
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Community Features: Picnic Area, Walking Trails
  • Association Fee: 1950
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Tessier
  • Phone: 828-254-9842
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: stephanie@tessiergroup.com

Association/Amenities

  • Association Annual Expense: 1950.00

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Parcel Number: 9741-01-7012-00000
  • Zoning: R21
  • Plat Book Slide: 92
  • Can Be Subdivided: 0
  • Lot Size Acres: 0.93
  • Lot Size Sq Ft: 40510
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R21

Tax Info

  • Tax Block: 73

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Mar 31, 2023
Sold by
Powell Betty A
Bought by
Zallen Aaron M
Seller's Agent
Doris Longworth
Allen Tate/Beverly-Hanks Asheville-North
Buyer's Agent
Craig Severance
Mosaic Community Lifestyle Realty
List Price
$250,000
Sold Price
$120,000
Premium/Discount to List
-$130,000
-52%
Views
43
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,000
Avg. Annual Appreciation
41.47%

Purchase Details

Closed on
Feb 11, 2015
Sold by
Schnack Dennis H and Powell Betty A
Bought by
Powell Betty A

Purchase Details

Closed on
Oct 13, 2004
Sold by
Reynolds Mountain Development Llc
Bought by
Powell Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zallen Aaron M $120,000 --
Powell Betty A -- None Available
Powell Betty A $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Betty A $136,000
Previous Owner Powell Betty A $235,641
Previous Owner Powell Betty A $235,706
Previous Owner Powell Betty A $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $120,000 -25.0% --
02/20/2023 02/20/23 Price Changed $160,000 -11.1% --
11/16/2022 11/16/22 Price Changed $180,000 -7.7% --
11/07/2022 11/07/22 Price Changed $195,000 -15.2% --
10/12/2022 10/12/22 Price Changed $230,000 -8.0% --
07/11/2022 07/11/22 For Sale $250,000 -- --
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
2023 $2,213 $232,100 $232,100 $0
2022 $2,144 $232,100 $0 $0
2021 $2,144 $232,100 $0 $0
2020 $2,263 $236,000 $0 $0
2019 $2,263 $236,000 $0 $0
2018 $2,145 $236,000 $0 $0
2017 $2,169 $212,900 $0 $0
2016 $2,148 $212,900 $0 $0
2015 $2,148 $212,900 $0 $0
2014 -- $212,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3882459

Canopy MLS (Canopy Realtor® Association)

APN: 9741-01-7012-00000