NOT LISTED FOR SALE

15 Simpson Hollow Rd Asheville, NC 28803

Estimated Value: $393,000 - $508,000

3 Beds
2.5 Baths
1,598 Sq Ft
$290/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $295,000 $185 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,687/month

3 Days on Market

Highlights

  • Community Lake
  • Private Lot
  • Wood Flooring
  • T.C. Roberson High School Rated A
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of September 2021

Come home to Forest Lake in Asheville! This highly-desirable community has a lake for fishing, and this home has views of the fountain in the lake and Busbee Mountain from the back porch. Three-bedrooms and two and 1/2 bathrooms are very spacious and ready for you to pick your new paint colors. Natural gas fireplace in living room with keep you cozy on chilly fall evenings. Play in the stream on the back side of the property, or sit by the fire pit and listen to the babbling creek. Close to the Biltmore Estate, South Asheville, and minutes to downtown Asheville. Convenient to shopping, restaurants, night life, and the interstate. This house is ready for your upgrades and ready for you to call it home! **Home tested above EPA guidelines for radon and seller is willing to give credit for mitigation at closing.

Last Agent to Sell the Property

Clarissa Hyatt- Zack

EXP Realty LLC License #274579 Listed on: 07/31/2021

EXP Realty LLC

Last Buyer's Agent

Beth Cohen

LPT Realty, LLC License #292880

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Home fronts a stream
  • Private Lot
  • Corner Lot
  • Many Trees

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Flooring

  • Wood
  • Parquet
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Whirlpool Bathtub

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Gas Log Fireplace
  • Fire Pit

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 965648894100000
  • Tax Block Lot: 44

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.07273
  • Ratio Close Price By Original Li: 1.07273
  • Ratio Current Price By Acre: 1092592.59
  • Ratio Current Price By Sq Ft: 184.61
  • Year Built: 1992
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Garage Door, Basement Inside Entrance
  • Upper Level Sq Ft: 799
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer, Electric Oven, Electric Dryer Hookup, Natural Gas, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile, Parquet, Wood
  • Interior Amenities: Cable Available, Whirlpool
  • Laundry Location: Main, Closet, Kitchen
  • Room Count: 2
  • Main Level Sq Ft: 799
  • Total Sq Ft: 1598
  • Sq Ft Unheated Basement: 799
  • Sq Ft Unheated Total: 799

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Basement, Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 375.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Corner Lot, Mountain View, Private, Sloping, Stream/Creek, Trees, Views
  • Parcel Number: 965648894100000
  • Plat Book Slide: 0057/0147
  • Plat Reference Section Pages: 0057/0147
  • Zoning Specification: RES

Tax Info

  • Tax Value: 277700.00
  • Tax Block: Lot: 44
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2025
Sold by
Saunders Eric Jacob and Kelly Nicole
Bought by
Saunders Eric W and Saunders Claudia
Current Estimated Value
$463,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,558
Outstanding Balance
$339,558
Interest Rate
5.49%
Mortgage Type
New Conventional
Estimated Equity
$123,741

Purchase Details

Closed on
May 5, 2025
Sold by
Saunders Jake and Saunders Eric Jacob
Bought by
Jake And Kelly Saunders Trust and Saunders

Purchase Details

Listed on
Jul 31, 2021
Closed on
Sep 8, 2021
Sold by
Combs Mary Lou
Bought by
Saunders Eric Jacob and Saunders Eric W
Seller's Agent
Clarissa Hyatt- Zack
EXP Realty LLC
Buyer's Agent
Beth Cohen
LPT Realty, LLC
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
May 15, 2003
Sold by
Combs Gregory P
Bought by
Combs Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 1999
Sold by
Cheatham Michael T and Cheatham Ann K
Bought by
Combs Gregory P and Combs Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
6.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 1997
Sold by
Bruce John W
Bought by
Cheatham and Cheatham
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
Saunders Eric W -- None Listed On Document
Jake And Kelly Saunders Trust -- None Listed On Document
Jake And Kelly Saunders Trust -- None Listed On Document
Saunders Eric Jacob $295,000 None Available
Combs Mary Lou -- --
Combs Gregory P $140,000 --
Cheatham $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Eric W $339,558
Previous Owner Combs Mary Lou $142,500
Previous Owner Combs Gregory P $125,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $295,000 +7.3% $185 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $275,000 -- $172 / Sq Ft
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 -- $280,000 $72,500 $207,500
2024 -- $280,000 $72,500 $207,500
2023 $2,502 $277,700 $72,500 $205,200
2022 $2,474 $277,700 $0 $0
2021 $2,474 $277,700 $0 $0
2020 $2,318 $242,000 $0 $0
2019 $2,318 $242,000 $0 $0
2018 $2,318 $242,000 $0 $0
2017 $2,342 $191,600 $0 $0
2016 $2,067 $191,600 $0 $0
2015 $2,067 $191,600 $0 $0
2014 $2,039 $191,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3766606

Canopy MLS (Canopy Realtor® Association)

APN: 9656-48-8941-00000