NOT LISTED FOR SALE

16 Ledgestone Dr Fairview, NC 28730

Estimated Value: $702,000 - $961,000

3 Beds
2.5 Baths
2,400 Sq Ft
$355/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $515,377 $215 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,942/month

17 Days on Market

Highlights

  • Under Construction
  • Arts and Crafts Architecture
  • Many Trees
  • Fairview Elementary School Rated A-
  • Attached Garage
  • Gas Log Fireplace

About This Home

As of October 2020

Brand new construction by Griffin award winner builder Howard Ferree. Located in the private community of Ledgestone just 12 minutes from Downtown Asheville. Home is currently under construction.
This open floor plan is not only functional, but very inviting Enjoy the covered back porch that sits high up in the canopy. Winter time views of the creek below. Master Suite on Main level. Large open great room with fireplace.
Walk in Pantry. Schedule a tour today to see the quality craftsmanship. Inquire about 2 additional homes available as well.

Last Agent to Sell the Property

Gus Mujica

Mosaic Community Lifestyle Realty License #183440 Listed on: 06/05/2020

Last Buyer's Agent

Karen King-Smith

Allen Tate/Beverly-Hanks Asheville-Downtown License #209409

Allen Tate/Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Many Trees

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space

Community Details

  • Ledgestone Property A=Owners Association
  • Built by Ferree Construction

Listing and Financial Details

  • Assessor Parcel Number 968664872

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,438

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.03282
  • Ratio Close Price By Original Li: 1.03282
  • Ratio Current Price By Acre: 1321479.49
  • Ratio Current Price By Sq Ft: 214.74
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1000
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace Description: Gas Logs, Living Room
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1400
  • Total Sq Ft: 2400

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Ledgestone Property A=Owners Association
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Fairview
  • Middle School: AC Reynolds
  • High School: AC Reynolds

Lot Info

  • Lot Features: Trees, Water view, Winter View
  • Lot Size Area: 0.390
  • Parcel Number: 968664872
  • Zoning Specification: RES

Building Info

  • Builder Name: Ferree Construction

Tax Info

  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Oct 22, 2020
Sold by
Ferree Construction Inc
Bought by
Quealy Thomas and Quealy Nancy
Seller's Agent
Gus Mujica
Mosaic Community Lifestyle Realty
Buyer's Agent
Karen King-Smith
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$499,000
Sold Price
$515,377
Premium/Discount to List
$16,377
3.28%
Current Estimated Value
$853,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,687
Avg. Annual Appreciation
10.88%
Original Mortgage
$412,302
Outstanding Balance
$366,890
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$486,174

Purchase Details

Closed on
Feb 11, 2020
Sold by
Taylor Angela D and Taylor John
Bought by
Ferree Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,065
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 23, 2015
Sold by
Weta Llc
Bought by
Taylor Angela D
Seller's Agent
Carolyn Knight
Diamond Real Estate Group
Buyer's Agent
Jack Herbert
Asheville Regional Brokers LLC
List Price
$32,000
Sold Price
$26,000
Premium/Discount to List
-$6,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.83%

Purchase Details

Closed on
May 24, 2013
Sold by
Jabw Llc
Bought by
Weta Llc
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
Quealy Thomas $515,500 None Available
Ferree Construction Inc $85,000 None Available
Taylor Angela D $26,000 None Available
Weta Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quealy Thomas $412,302
Previous Owner Ferree Construction Inc $346,065
Previous Owner Ferree Construction Inc $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $515,377 +3.3% $215 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $499,000 +1819.2% $208 / Sq Ft
01/23/2015 01/23/15 Sold $26,000 -18.8% --
12/24/2014 12/24/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $32,000 -- --
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
2024 $3,438 $507,400 $72,200 $435,200
2023 $3,438 $507,400 $72,200 $435,200
2022 $3,212 $507,400 $72,200 $435,200
2021 $3,212 $507,400 $0 $0
2020 $276 $40,900 $0 $0
2019 $276 $40,900 $0 $0
2018 $263 $40,900 $0 $0
2017 $263 $40,900 $0 $0
2016 $290 $40,900 $0 $0
2015 $290 $40,900 $0 $0
2014 $290 $40,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3627246

Canopy MLS (Canopy Realtor® Association)

APN: 9686-64-8720-00000