NOT LISTED FOR SALE

16 Old Lafayette Ln Unit 10 Black Mountain, NC 28711

Estimated Value: $95,000 - $169,000

0.3 Acre
$399,343 Price per Acre
13,068 Sq Ft Lot

Last Sold December 18, 2023

Last sale price $95,000

Est. 26% increase in value since last sale

Current estimated payment $793/month

Highlights

  • Gated Community
  • Clubhouse
  • Trails
  • Mountain View
  • Community Playground
  • Level Lot

About This Lot

As of December 2023

Very level lot in The Settings! Mountain views, but no steep roads to access the lot. Community features gated entrance, sidewalks, luxurious clubhouse, underground utilities (including natural gas and fiber), trails, and a playground. One of Black Mountain's highest-end communities. New survey on file shows topo lines and trees on the property. This may be the best topography of any lot in The Settings! This lot backs up to The Settings Common Area.

Last Agent to Sell the Property

Scott Russell

Howard Hanna Beverly-Hanks Freestone Properties Brokerage Email: scott@freestoneproperties.com License #246481 Listed on: 12/16/2023

Last Buyer's Agent

Amanda Simpkins

Coldwell Banker Advantage License #291681

Coldwell Banker Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $420

Lot Details

  • Level Lot
  • Possible uses of the property include Residential
  • Property is zoned CR-1

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Black Mountain Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Underground Utilities
  • Water Tap or Transfer Fee
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 0618-48-3068-00000
  • Tax Block 162

Community Details

Overview

  • The Settings Of Black Mountain Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$420

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Yes
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: scott@freestoneproperties.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Mountain(s)
  • Waterfront Elevation: 2500

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Playground, Sidewalks, Walking Trails
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 1500.00

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 0618-48-3068-00000
  • Zoning: CR-1
  • Plat Book Slide: 96
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 0234
  • Lot Size: 13068 sq ft.
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CR-1

Tax Info

  • Tax Block: 162

MLS Schools

  • Elementary School: Black Mountain
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Dec 8, 2023
Sold by
Brock Douglas and Brock Marcia
Bought by
Woodward William Daniel
Seller's Agent
Scott Russell
Howard Hanna Beverly-Hanks Freestone Properties
Buyer's Agent
Amanda Simpkins
Coldwell Banker Advantage
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Views
13
Current Estimated Value
$119,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,803
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
Jun 27, 2017
Sold by
Buckley Carolyn J and Buckley Daniel V
Bought by
Brock Douglas M

Purchase Details

Closed on
May 12, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Buckley Daniel V and Buckley Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,710
Interest Rate
5.88%
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
Woodward William Daniel $95,000 None Listed On Document
Brock Douglas M $8,000 None Available
Buckley Daniel V $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buckley Daniel V $100,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $95,000 -13.6% --
12/16/2023 12/16/23 For Sale $110,000 -- --
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
2025 $420 $224,500 $50,100 $174,400
2024 $420 $50,100 $50,100 --
2023 $420 $50,100 $50,100 $0
2022 $398 $50,100 $0 $0
2021 $398 $50,100 $0 $0
2020 $432 $50,100 $0 $0
2019 $432 $50,100 $0 $0
2018 $432 $50,100 $0 $0
2017 $437 $33,400 $0 $0
2016 $327 $33,400 $0 $0
2015 $327 $33,400 $0 $0
2014 $327 $33,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4094795

Canopy MLS (Canopy Realtor® Association)

APN: 0618-48-3068-00000