NOT LISTED FOR SALE

16 W Cotton Ave Black Mountain, NC 28711

Estimated Value: $498,774 - $629,000

3 Beds
2 Baths
1,863 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 20, 2014

Last sale price $280,000 $150 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,116/month

81 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Wood Burning Fireplace

About This Home

As of November 2014

Location! Location! Charming 3BR/2BA cottage located in the heart of Black Mountain and minutes from Montreat. Take a step back in time. This home has beautiful hardwood floors, large rooms, a great porch to relax in your rocking chair, and .41 acre lot that could be subdivided. Recent updates include new roof and high efficiency windows. Enjoy the large lot with abundant fruit trees, spacious garden area with room to grow.

Last Agent to Sell the Property

Mary Noble Braden

Noble & Company Realty License #248568 Listed on: 08/01/2014

Co-Listed By

Eddie Colley

Keller Williams - Black Mtn. License #257918

Last Buyer's Agent

Adam Johnson

GreyBeard Realty License #229610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1923

Lot Details

  • 0.41

Home Design

  • Cottage

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Wood Burning Fireplace

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 0710-30-2775-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,164

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.94915
  • Ratio Close Price By Original Li: 0.94915
  • Ratio Current Price By Acre: 682926.83
  • Ratio Current Price By Sq Ft: 150.30
  • Year Built: 1923
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance, Basement
  • Upper Level Sq Ft: 501
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Pantry
  • Room Count: 4
  • Main Level Sq Ft: 1362
  • Total Sq Ft: 1863

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Utilities

  • Heating: Gas Hot Air Furnace, No A/C, Oil Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 0710-30-2775-00000
  • Plat Reference Section Pages: 4079
  • Zoning Specification: UR-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Nov 19, 2014
Sold by
Quam Jesse and Quam Grace
Bought by
Poret Janice M
Seller's Agent
Mary Noble Braden
Noble & Company Realty
Buyer's Agent
Adam Johnson
GreyBeard Realty
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Current Estimated Value
$560,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,944
Avg. Annual Appreciation
6.55%
Original Mortgage
$140,000
Outstanding Balance
$47,980
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$512,964

Purchase Details

Closed on
Jul 20, 2005
Sold by
Mousette Aric and Mousette Nikki
Bought by
Davenport Quam Jesse and Davenport Quam Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5.19%
Mortgage Type
Fannie Mae Freddie Mac
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
Poret Janice M $280,000 None Available
Davenport Quam Jesse $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poret Janice M $140,000
Previous Owner Davenport Quam Jesse $177,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2014 11/20/14 Sold $280,000 -5.1% $150 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $295,000 -- $158 / 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
2025 $2,164 $258,100 $56,700 $201,400
2024 $2,164 $258,100 $56,700 $201,400
2023 $2,164 $258,100 $56,700 $201,400
2022 $2,049 $258,100 $56,700 $201,400
2021 $2,049 $258,100 $0 $0
2020 $2,108 $244,700 $0 $0
2019 $2,108 $244,700 $0 $0
2018 $2,108 $244,700 $0 $0
2017 $2,133 $180,900 $0 $0
2016 $1,771 $180,900 $0 $0
2015 $1,738 $177,500 $0 $0
2014 $1,727 $176,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM567903

Canopy MLS (Canopy Realtor® Association)

APN: 0710-30-2775-00000