NOT LISTED FOR SALE

16 Nethermead Dr Unit 38 Asheville, NC 28803

Estimated Value: $315,000 - $537,000

0.63 Acre
$685,714 Price per Acre
27,443 Sq Ft Lot

Last Sold February 24, 2014

Last sale price $145,000

Est. 198% increase in value since last sale

Current estimated payment $2,432/month

261 Days on Market

Highlights

  • Gated Community
  • T.C. Roberson High School Rated A
  • Front Green Space

About This Lot

As of February 2014

Easy to build site in exclusive gated community with paved trails, bridges and streams, Longmeadow Park and Wellness Center with pool.

Last Agent to Sell the Property

Richard Pressley

Keller Williams Professionals License #230506 Listed on: 05/09/2013

Keller Williams Professionals

Last Buyer's Agent

Randi Beard

Premier Sotheby’s International Realty License #266580

Premier Sotheby’s International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $932

Lot Details

  • Front Green Space

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 9645-79-6450-00000

Property Details

Property Type

Land

Est. Annual Taxes

$932

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.87879
  • Ratio Close Price By Original Li: 0.82857
  • Ratio Current Price By Acre: 230158.73
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Cleared Acres: 0.63

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 351.00

Schools

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

Lot Info

  • Lot Features: Green Area
  • Lot Size Area: 0.630
  • Parcel Number: 9645-79-6450-00000
  • Zoning Specification: RES
  • Plat Reference Section Pages: 4968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2011
Closed on
Mar 28, 2012
Sold by
Federal Deposit Insurance Corporation
Bought by
Bank Of North Carolina
Seller's Agent
Richard Pressley
Keller Williams Professionals
Buyer's Agent
Scott Barfield
Scott Barfield Realty And Land Company
List Price
$118,900
Sold Price
$105,000
Premium/Discount to List
-$13,900
-11.69%
Current Estimated Value
$432,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,000
Avg. Annual Appreciation
11.76%
Original Mortgage
$78,750
Outstanding Balance
$55,458
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$411,209

Purchase Details

Closed on
Feb 13, 2007
Sold by
Beddingfield Chris
Bought by
Ramble Biltmore Forest 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
Bank Of North Carolina -- None Available
Ramble Biltmore Forest Llc $217,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bank Of North Carolina $78,750
Previous Owner The Kennerly Group Inc $1,232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $145,000 -17.1% --
01/25/2014 01/25/14 Pending -- -- --
05/09/2013 05/09/13 For Sale $175,000 +66.7% --
03/29/2012 03/29/12 Sold $105,000 -11.7% --
02/16/2012 02/16/12 Pending -- -- --
12/31/2011 12/31/11 For Sale $118,900 -- --
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 $932 $151,400 $151,400 $0
2022 $887 $151,400 $0 $0
2021 $887 $151,400 $0 $0
2020 $954 $151,400 $0 $0
2019 $954 $151,400 $0 $0
2018 $954 $151,400 $0 $0
2017 $954 $174,700 $0 $0
2016 $1,214 $174,700 $0 $0
2015 $1,214 $174,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM538853

Canopy MLS (Canopy Realtor® Association)

APN: 9645-79-6442-00000