NOT LISTED FOR SALE

16 River Run Asheville, NC 28804

Estimated Value: $1,600,000 - $1,655,000

3 Beds
2.5 Baths
2,840 Sq Ft
$574/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $1,670,000 $588 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,315/month

41 Days on Market

Highlights

  • Water Views
  • Covered Dock
  • Solar Power System
  • West Buncombe Elementary School Rated A-
  • Spa
  • Open Floorplan

About This Home

As of August 2024

Impressive River Front Residence available in the unique community of Olivette. This Agrihood was created along the French Broad River on over 411 acres to connect owners through food, true sense of community and being one with nature. The environmentally friendly components of this community include not only the organic gardens with a CSA option but the heating and cooling of all homes. Geothermal power with added solar panels makes this particular HERS rated home extremely energy efficient. The pavilion and recreation area on the water add to the amazing amenities including multiple hiking trails and huge dog park. Looking for a place where you can easily work remotely and have privacy from the rest of the crowd? This home is perfect! You can be on a lower level while your guests gather around the gorgeous kitchen island or relax on one of the decks overlooking the river. To close out the evening, sip champagne in your hot tub or unwind around the fire pit on the lower river level.

Last Agent to Sell the Property

Valerie Thorne

Coldwell Banker Advantage Brokerage Email: valerie@cbawest.com License #240368 Listed on: 04/19/2024

Coldwell Banker Advantage

Last Buyer's Agent

Lisa Jackson

Asheville Realty Group License #258218

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 8,712

HOA Fees

  • $204 Monthly HOA Fees

Parking

  • Attached Carport

Property Views

  • Water
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Insulated Windows
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Covered Dock
  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

  • West Buncombe/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Heating System Uses Propane
  • Underground Utilities
  • Propane
  • Tankless Water Heater
  • Fiber Optics Available

Additional Features

  • Solar Power System
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 9721-63-9321-00000

Community Details

Overview

  • Community Association Management Association
  • Olivette Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Community Playground
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Signage
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 588.03
  • Bedroom Lower: 2
  • Geocode Confidence: High
  • Attribution Contact: valerie@cbawest.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 1152
  • Main Level Sq Ft: 1152
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Above Grade Finished Sq Ft: 2304
  • Has Basement: Daylight, Exterior Entry, Interior Entry, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 536
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room
  • Living Area: 2840
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 11
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Other - See Remarks
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Mountain(s), Water, Year Round
  • Water Body Name: French Broad River
  • Waterfront Features: Covered structure
  • Exclusions: See Attachment
  • Waterfront Elevation: 1500
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Central, Forced Air, Geothermal, Heat Pump, Propane
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Security System
  • Cooling: Central Air, Geothermal, Heat Pump
  • Utilities: Fiber Optics, Propane, Solar, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park, Picnic Area, Playground, Recreation Area, Street Lights, Walking Trails
  • Association Fee: 1225
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Community Association Management
  • ResoAssociationFeeFrequency: SemiAnnually
  • Association Email: dspargo@communityassociationmanagement.com

Association/Amenities

  • Association Annual Expense: 2450.00

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, River Front, Sloped
  • Lot Size Area: 0.209
  • Lot Size Units: Acres
  • Parcel Number: 9721-63-9321-00000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: West Buncombe/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Aug 6, 2024
Sold by
Bridges At French Broad Llc and Olivette Development Llc
Bought by
Mcdermott Catherine Ann and Mcdermott Cornelius Joseph
Seller's Agent
Valerie Thorne
Coldwell Banker Advantage
Buyer's Agent
Lisa Jackson
Asheville Realty Group
List Price
$1,800,000
Sold Price
$1,670,000
Premium/Discount to List
-$130,000
-7.22%
Views
55
Current Estimated Value
$1,629,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,235
Avg. Annual Appreciation
-2.30%

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 30, 2024
Sold by
Sands Eric W and Sands Patricia C
Bought by
Mcdermott Catherine Ann and Mcdermott Cornelius Joseph
Seller's Agent
Valerie Thorne
Coldwell Banker Advantage
Buyer's Agent
Lisa Jackson
Asheville Realty Group
List Price
$1,800,000
Sold Price
$1,670,000
Premium/Discount to List
-$130,000
-7.22%
Views
55

Purchase Details

Closed on
Sep 1, 2017
Sold by
Olivette Development Llc
Bought by
Sands Eric W and Sands Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,978
Interest Rate
3.93%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Mcdermott Catherine Ann -- None Listed On Document
Mcdermott Catherine Ann $1,670,000 None Listed On Document
Sands Eric W $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sands Eric W $412,978
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $1,670,000 -4.6% $588 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/25/2024 05/25/24 Price Changed $1,750,000 -2.8% $616 / Sq Ft
04/19/2024 04/19/24 For Sale $1,800,000 -- $634 / 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
2024 -- $838,300 $159,300 $679,000
2023 $2,983 $829,000 $159,300 $669,700
2022 $7,900 $829,000 $0 $0
2021 $6,900 $829,000 $0 $0
2020 $7,549 $755,700 $0 $0
2019 $7,549 $755,700 $0 $0
2018 $605 $64,400 $0 $0
2017 $605 $64,300 $0 $0
2016 $662 $64,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4129077

Canopy MLS (Canopy Realtor® Association)

APN: 9721-63-9321-00000