NOT LISTED FOR SALE

1705 Brevard Rd Arden, NC 28704

Estimated Value: $441,000 - $588,000

4 Beds
3 Baths
1,141 Sq Ft
$476/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $580,000 $508 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,104/month

15 Days on Market

Highlights

  • Guest House
  • Spa
  • Private Lot
  • T.C. Roberson High School Rated A
  • Mountain View
  • Wooded Lot

About This Home

As of June 2024

Prime Location, right down the road from the French Broad River Access. This is a fantastic opportunity w/an established income producing property with fantastic reviews. In 2023, the owners gross income was around $90k. Amazing private lot w/Hot Tub and potential to build more (buyer to research) - Great location (Proximity to Blue Ridge Pkwy, NC Arboretum, French Broad River, Lake Powhatan, Downtown etc - Consistent reviews - All furnishings can be negotiated. Bedrooms don't have closets. One room doesn't have a window.Major Upgrades -Roof and Gutters (both home/cabin)-Windows (both home/cabin)-HVAC system (Home)-New Mini Split system (Cabin)-New Hot Tub-New Kitchen Appliances- interior/Exterior Painting«5 min away»-Blue Ridge Parkway (America's Most Scenic Drive)-NC Arboretum (tons of hiking trails and gardens)-French Broad River & Zen Tubing -Lake Powhatan«15 min away»-Downtown Asheville-The Biltmore Estate-River Arts District

Last Agent to Sell the Property

David Bluth

Blueblaze Real Estate Group LLC Brokerage Email: dave@blueblazerealty.com License #244340 Listed on: 04/11/2024

Last Buyer's Agent

Jackie Tallent

Blue Ridge Real Estate License #320540

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,703

Year Built

  • Built in 1941

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Hardboard

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Mountain Views
  • Unfinished Basement
  • Walk-Up Access

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Fire Pit
  • Separate Outdoor Workshop
  • Shed
  • Front Porch

Additional Homes

  • Guest House
  • Separate Entry Quarters

Utilities

  • Two cooling system units
  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9635-31-8920-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,703

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Cottage
  • Year Built: 1941
  • Restrictions: No Representation
  • Second Living Quarters: Guest House,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 390.05
  • Geocode Confidence: High
  • Attribution Contact: dave@blueblazerealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Hot Tub
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1141
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1141
  • Has Basement: Unfinished, Walk-Up Access
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 1141
  • Bedroom Main: 3
  • Room Count: 10

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Storage
  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • View: Long Range, Mountain(s)
  • Waterfront Elevation: 1000
  • Construction Type: Hardboard Siding
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Front Porch, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Ductless, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Inside, Main Level
  • Cooling: Central Air, Dual, Heat Pump
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Green Area, Level, Open Lot, Private, Views, Wooded
  • Lot Size Area: 1.8
  • Lot Size Units: Acres
  • Parcel Number: 9635-31-8920-00000
  • Plat Book Slide: 215/4
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Karrer Kari
Bought by
Kapoor Sumit and Kapoor Rachel
Current Estimated Value
$543,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Outstanding Balance
$312,143
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$231,530

Purchase Details

Closed on
Sep 15, 2006
Sold by
Harris Wayne E and Harris Rose
Bought by
Karrer Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2003
Sold by
Learned Joel W and Everage Diana K
Bought by
Harris Wayne E and Harris Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,125
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2000
Sold by
Rhodes Lagonda H
Bought by
Learned Joel W and Everage Diana K
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
Kapoor Sumit $435,000 None Available
Karrer Karl $212,500 None Available
Harris Wayne E $127,500 --
Learned Joel W $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapoor Sumit $348,000
Previous Owner Karrer Karl $191,250
Previous Owner Harris Wayne E $121,125
Previous Owner Learned Joel N $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $580,000 -3.2% $508 / Sq Ft
04/11/2024 04/11/24 For Sale $599,000 -- $525 / 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
2023 $1,703 $276,700 $91,200 $185,500
2022 $1,621 $276,700 $91,200 $185,500
2021 $1,213 $207,000 $0 $0
2020 $1,148 $182,200 $0 $0
2019 $1,148 $182,200 $0 $0
2018 $1,148 $182,200 $0 $0
2017 $1,148 $144,900 $0 $0
2016 $1,007 $144,900 $0 $0
2015 $1,007 $144,900 $0 $0
2014 $1,007 $144,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4128117

Canopy MLS (Canopy Realtor® Association)

APN: 9635-31-8920-00000