NOT LISTED FOR SALE

16 Silver Lining Dr Unit 10 Black Mountain, NC 28711

Estimated Value: $443,000 - $541,000

3 Beds
2.5 Baths
2,010 Sq Ft
1,307 Sq Ft Lot

Last Sold April 01, 2021

Last sale price $349,600 $174 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,829/month

Highlights

  • Open Floorplan
  • Arts and Crafts Architecture
  • Fireplace

About This Home

As of April 2021

Multiple offers received. All offers due by 7PM Sunday, March 7. Sellers say, "This is the perfect house, and we have lived in a lot of homes." They enjoyed stunning sunrises while sipping morning coffee on the back deck and glorious sunsets with a local brew on the upper front deck. The house is a low maintenance townhome where you own enough land to enjoy the backyard and dabble in flower gardening if you want. The garden in the back is bordered by stones from the chimney of an old abandoned cabin in the area. There is a tin roofed shed for storing your kayak, and the Sunsetter awning covers the entire back patio and reduces solar gain in the summer. Inside, the main bedroom and laundry are conveniently on the first floor. There is no step to get into the house. Two large bedrooms and bonus nooks are upstairs, along with access to the second floor deck, which is shaded by a magnificent oak. Wonderful two-story townhome! Minimum lease is 6 months - no STRs.

Last Agent to Sell the Property

Margaret Vestal

RE/MAX Executive License #226935 Listed on: 03/06/2021

RE/MAX Executive

Last Buyer's Agent

Megan Shook

Mosaic Community Lifestyle Realty License #255216

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 1,307

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Fireplace

Listing and Financial Details

  • Assessor Parcel Number 0710-60-3644-00000

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

1,307 Sq Ft Lot

HOA Fees

$125 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 1.07569
  • Ratio Close Price By Original Li: 1.07569
  • Ratio Current Price By Acre: 11653333.33
  • Ratio Current Price By Sq Ft: 173.93
  • Unit Floor Level: 1
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1003
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Dishwasher, Electric Range, Refrigerator
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1007
  • Total Sq Ft: 2010

Exterior Features

  • Construction: Fiber Cement, Shingle, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • Complex Name: Rainbow Terrace
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Parcel Number: 0710-60-3644-00000
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 297000.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 23, 2021
Sold by
Connor Kevin W O and Connor Judith O
Bought by
Strong Kare Ane and Kare Ane Strong Trust
Seller's Agent
Margaret Vestal
RE/MAX Executive
Buyer's Agent
Megan Shook
Mosaic Community Lifestyle Realty
List Price
$325,000
Sold Price
$349,600
Premium/Discount to List
$24,600
7.57%
Current Estimated Value
$475,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,690
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
Feb 25, 2014
Closed on
May 20, 2014
Sold by
Mattison Anita
Bought by
Oconnor Kevin W and Oconnor Judith A
Seller's Agent
Doug Sherry
Preferred Properties
Buyer's Agent
Margaret Vestal
RE/MAX Executive
List Price
$254,900
Sold Price
$245,000
Premium/Discount to List
-$9,900
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$196,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Sep 18, 2006
Sold by
Buie Stephen E and Buie Billie H
Bought by
Mattison Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Strong Kare Ane $350,000 None Available
Kare Ane Strong Trust $700 Colvard Goosmann Rose
Oconnor Kevin W $245,000 None Available
Mattison Anita $234,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnor Kevin W $196,000
Previous Owner Mattison Anita $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2021 04/01/21 Sold $349,600 +7.6% $174 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $325,000 +32.7% $162 / Sq Ft
05/20/2014 05/20/14 Sold $245,000 -3.9% $112 / Sq Ft View Prior Sale
04/20/2014 04/20/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $254,900 -- $116 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,774 $329,300 $30,000 $299,300
2024 $2,774 $329,300 $30,000 $299,300
2023 $2,774 $329,300 $30,000 $299,300
2022 $2,615 $329,300 $0 $0
2021 $2,361 $297,400 $0 $0
2020 $2,005 $232,700 $0 $0
2019 $2,005 $232,700 $0 $0
2018 $2,005 $232,700 $0 $0
2017 $2,028 $212,300 $0 $0
2016 $2,078 $212,300 $0 $0
2015 $2,078 $212,300 $0 $0
2014 $2,078 $212,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Vestal

    Seller's Agent in 2021

    Margaret Vestal

    RE/MAX Executives Charlotte, NC

    (828) 216-2300

    10 in this area

    88 Total Sales

    Margaret Vestal
    Section Image
  • Megan Shook

    Buyer's Agent in 2021

    Megan Shook

    Mosaic Community Lifestyle Realty

    (828) 450-6797

    8 in this area

    174 Total Sales

    Megan Shook
    Section Image

  • D

    Seller's Agent in 2014

    Doug Sherry

    Preferred Properties

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3713587

Canopy MLS (Canopy Realtor® Association)

APN: 0710-60-3644-00000

North Carolina Buncombe County Black Mountain 28711

16 Silver Lining Dr Unit 10, Black Mountain, NC

Not Listed for Sale

Condos

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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