NOT LISTED FOR SALE

151 Meadow Lake Rd Asheville, NC 28803

Estimated Value: $521,000 - $559,000

3 Beds
2.5 Baths
1,628 Sq Ft
$335/Sq Ft Est. Value

Last Sold September 07, 2020

Last sale price $337,500 $207 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,181/month

24 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Recreation Facilities
  • T.C. Roberson High School Rated A
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of September 2020

Steps from a picturesque and peaceful neighborhood lake, and only minutes from Downtown Asheville, you'll find this charming Traditional. Inside are well laid out spaces with good flow, large rooms and a cozy fireplace. The rocking chair front porch, and large fenced back yard is sure to make you smile! Everyone will love it here, especially your children and pets. Convenient, but tucked away on a cul-de-sac, this home and its gorgeous yard with with mature plantings and fragrant blooms backs up to Biltmore Estate's vast acreage. City utilities, on the gas line, publicly maintained streets. All this, and a sweet price too!

Last Agent to Sell the Property

Kim Gentry Justus

Ivester Jackson Blackstream Brokerage Email: kimgentryjustus@gmail.com License #266365 Listed on: 07/06/2020

Last Buyer's Agent

Laura Crutchfield

COMPASS License #299551

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,321

Year Built

  • Built in 1991

Lot Details

  • 9,147 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Property is zoned RS4

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • Storm Doors

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Front Porch

Schools

  • Estes/Koontz Elementary School
  • Valley Springs Middle School
  • T.C. Roberson High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9656-58-3237-00000

Community Details

Overview

  • Association Phone (828) 274-9192
  • Forest Lake Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,321

Year Built

Built in 1991

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Traditional
  • Year Built: 1991
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Restrictions Description: HOA
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 207.31
  • Attribution Contact: kimgentryjustus@gmail.com
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood
  • Interior Amenities: Cable Prewire, Pantry, Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 814
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 814
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 814
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 814
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 1628
  • Has Basement: Basement, Basement Garage Door, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1628
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 0
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle, Wood
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: Lake, Other - See Remarks
  • Construction Type: Fiber Cement, Hardboard Siding
  • Patio And Porch Features: Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Basement, Driveway, Garage, Garage Door Opener, On Street, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Gas, Underground Power Lines, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Picnic Area, Recreation Area, Street Lights, Walking Trails
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Phone: 828-274-9192
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: forestlakehomeownersassociation.gmail.com

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Level, Other - See Remarks, Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 9656-58-3237-00000
  • Zoning: RS4
  • Development Status: Completed
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS4

MLS Schools

  • Elementary School: Estes/Koontz
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Sep 3, 2020
Sold by
Mason Michael L and Mason Molly C
Bought by
Fourton Justin and Fourton Diane
Seller's Agent
Kim Gentry Justus
Ivester Jackson Blackstream
Buyer's Agent
Laura Crutchfield
COMPASS
List Price
$332,000
Sold Price
$337,500
Premium/Discount to List
$5,500
1.66%
Current Estimated Value
$546,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,500
Avg. Annual Appreciation
9.65%
Original Mortgage
$284,750
Outstanding Balance
$253,161
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$292,839

Purchase Details

Closed on
Jul 19, 2019
Sold by
Lunberry Trent Tyler and Lunberry Katrina Joy
Bought by
Mason Michael L and Mason Molly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 14, 2018
Sold by
Dennis Sheri A and Dennis Carolyn
Bought by
Lunberry Trent Tyler and Lunberry Katrina Joy
Seller's Agent
Liz Wiederhold
Seller Solutions
Buyer's Agent
Diane Morris
Carolina Life Properties LLC
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$224,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2015
Sold by
Dennis Sheri A
Bought by
Dennis Sheri A and Rowan Carolyn

Purchase Details

Closed on
Nov 28, 2012
Sold by
Dennis Sheri A and Rowan Carolyn
Bought by
Dennis Sheri A and Dennis Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2011
Sold by
Graham Benjamin B and Graham Jessica H
Bought by
Dennis Sheri A and Sheri A Dennis Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Simon Patrick and Simon Rebecca
Bought by
Graham Benjamin B and Graham Jessica H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 6, 2006
Sold by
Katz Steven A and Katz Ilene W
Bought by
Simon Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,400
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2001
Sold by
Giebe John M and Giebe Coleen S
Bought by
Katz Steven A and Katz Ilene W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,470
Interest Rate
7.02%

Purchase Details

Closed on
Oct 27, 1999
Sold by
Zern Leidy D and Zern Patricia K
Bought by
Giebe John M and Giebe Coleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
7.81%
Mortgage Type
Balloon
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
Fourton Justin $335,000 None Available
Mason Michael L $300,000 None Available
Lunberry Trent Tyler $280,000 None Available
Dennis Sheri A -- Attorney
Dennis Sheri A -- None Available
Dennis Sheri A $219,000 None Available
Graham Benjamin B $247,000 None Available
Simon Patrick $247,500 None Available
Katz Steven A $151,000 --
Giebe John M $140,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fourton Justin $284,750
Previous Owner Mason Michael L $294,566
Previous Owner Lunberry Trent Tyler $224,000
Previous Owner Dennis Sheri A $172,000
Previous Owner Dennis Sheri A $175,200
Previous Owner Graham Benjamin B $135,000
Previous Owner Simon Patrick $197,400
Previous Owner Simon Patrick $50,100
Previous Owner Katz Steven A $146,470
Previous Owner Giebe John M $112,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2020 09/07/20 Sold $337,500 +1.7% $207 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $332,000 0.0% $204 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $332,000 +18.6% $204 / Sq Ft
03/29/2018 03/29/18 Sold $280,000 +1.8% $172 / Sq Ft View Prior Sale
02/13/2018 02/13/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $275,000 -- $169 / 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 $3,321 $301,100 $70,000 $231,100
2024 $3,321 $301,100 $70,000 $231,100
2023 $3,321 $301,100 $70,000 $231,100
2022 $2,683 $301,100 $0 $0
2021 $2,683 $301,100 $0 $0
2020 $2,350 $245,300 $0 $0
2019 $2,350 $245,300 $0 $0
2018 $2,350 $245,300 $0 $0
2017 $2,374 $192,800 $0 $0
2016 $2,080 $192,800 $0 $0
2015 $2,080 $192,800 $0 $0
2014 $2,051 $192,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3634730

Canopy MLS (Canopy Realtor® Association)

APN: 9656-58-3237-00000