NOT LISTED FOR SALE

Estimated Value: $498,000 - $595,000

2.61 Acres
$211,494 Price per Acre
113,692 Sq Ft Lot

Last Sold October 26, 2023

Last sale price $23,000

Est. 2,300% increase in value since last sale

Current estimated payment $3,470/month

85 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Wooded Lot

About This Lot

As of October 2023

Mountain Views and ready for your dream home and/or private retreat! This lot over 2.5 acres offers scenic mountain views in the private, gated community of Deer Run Estates in beautiful Black Mountain which is great for hiking and relaxing, and also close to shopping and dining in downtown Black Mountain, Asheville, Chimney Rock and Lake Lure! Lot 17 is also for sale and both lots can be purchased together if interested. Short term rentals allowed.

Last Agent to Sell the Property

Kim Ramsey

Lake Norman Realty, Inc. License #181535 Listed on: 07/03/2023

Lake Norman Realty, Inc.

Last Buyer's Agent

Kim Ramsey

Lake Norman Realty, Inc. License #181535 Listed on: 07/03/2023

Lake Norman Realty, Inc.

Property Details

Property Type

  • Land

HOA Fees

  • $46 Monthly HOA Fees

Property Views

  • Mountain Views

Lot Details

  • Property fronts a private road
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational, Residential
  • Property is zoned OU

Schools

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

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 0634-16-3576-00000
  • Tax Block 0117

Community Details

Overview

  • Deer Run Estates HOA
  • Deer Run Estates Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Property Details

Property Type

Land

HOA Fees

$46 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Short Term Rental Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Private Estate, Recreational, Residential

Exterior Features

  • View: Long Range, Mountain(s)

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Deer Run Estates HOA
  • ResoAssociationFeeFrequency: Annually
  • Association Email: NMcCarty001@gmail.com

Association/Amenities

  • Association Annual Expense: 550.00

Schools

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

Lot Info

  • Lot Features: Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 0634-16-3576-00000
  • Zoning: OU
  • Plat Book Slide: 0062
  • Can Be Subdivided: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Tax Info

  • Tax Block: 0117

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Oct 24, 2023
Sold by
Rains Foster and Rains Jeanne Marie
Bought by
Alexander Shane and Alexander Kellie
Seller's Agent
Kim Ramsey
Lake Norman Realty, Inc.
Buyer's Agent
Kim Ramsey
Lake Norman Realty, Inc.
List Price
$25,000
Sold Price
$23,000
Premium/Discount to List
-$2,000
-8%
Views
226
Current Estimated Value
$552,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,000
Avg. Annual Appreciation
278.00%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alexander Shane $23,000 None Listed On Document
Alexander Shane $23,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $23,000 -8.0% --
09/26/2023 09/26/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $25,000 -- --
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 -- $387,500 $39,400 $348,100
2024 -- $39,400 $39,400 --
2023 $259 $39,400 $39,400 $0
2022 $0 $39,400 $0 $0
2021 $255 $39,400 $0 $0
2020 $271 $39,400 $0 $0
2019 $271 $39,400 $0 $0
2018 $0 $39,400 $0 $0
2017 $268 $29,600 $0 $0
2016 $220 $29,600 $0 $0
2015 $220 $29,600 $0 $0
2014 $220 $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4046149

Canopy MLS (Canopy Realtor® Association)

APN: 0634-16-3576-00000

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