NOT LISTED FOR SALE

18 Lake Town Ln Unit 252 Asheville, NC 28804

Estimated Value: $2,838,000 - $2,970,858

1 Acre
$2,904,429 Price per Acre
43,560 Sq Ft Lot

Last Sold November 01, 2018

Last sale price $299,000

Est. 871% increase in value since last sale

Current estimated payment $17,085/month

247 Days on Market

Highlights

  • Recreation Facilities
  • Trails
  • Many Trees
  • Asheville High Rated A-

About This Lot

As of November 2018

Build your dream home overlooking downtown Asheville, Beaver Lake, Mt. Pisgah and the Blue Ridge Mountains. Gently sloping to facilitate building and abundant trees for privacy. Located in Reynolds Mountain, north Asheville's premier luxury community, just 10 minutes north of downtown. Easy access to the community's town square, with restaurants, shops and gym. An excellent price point for a sweeping view lot of this caliber. Lake Town Lane features the very best views of Beaver Lake!

Last Agent to Sell the Property

Molly Mcnichols

Carolina Mountain Sales License #242924 Listed on: 01/19/2018

Carolina Mountain Sales

Last Buyer's Agent

Gail Manheimer

Asheville Realty Group License #226155

Property Details

Property Type

  • Land

Lot Details

  • Many Trees

HOA Fees

  • $100 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9740-09-6886-00000
  • Tax Block 73

Community Details

Overview

  • Ipm Association

Recreation

  • Recreation Facilities
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 299000.00
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Recreation Area, Walking Trails
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Asheville City
  • Middle School: Asheville
  • High School: Asheville

Lot Info

  • Lot Features: Long Range View, Mountain View, Sloping, Trees
  • Lot Size Area: 1.000
  • Parcel Number: 9740-09-6886-00000
  • Zoning: Residential
  • Zoning Specification: RES
  • Plat Book Slide: 92

Tax Info

  • Tax Value: 179600.00
  • Tax Amount Ncm: 1866.04
  • Tax Block: 73
  • Tax Location: Woodfin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Oct 25, 2018
Sold by
Tysinger Acquisitions Lp
Bought by
Goldberg Bernard and Solomon Nancy
Seller's Agent
Molly Mcnichols
Carolina Mountain Sales
Buyer's Agent
Gail Manheimer
Asheville Realty Group
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$2,904,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,605,429
Avg. Annual Appreciation
38.27%

Purchase Details

Listed on
Mar 3, 2016
Closed on
Jan 4, 2017
Sold by
Holle David and Holle Rose
Bought by
Tysinger Acquisitions Lp
Seller's Agent
Molly Mcnichols
Carolina Mountain Sales
Buyer's Agent
Non Member
Canopy Administration
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Jan 25, 2012
Closed on
Apr 13, 2012
Bought by
Holle David and Holle Rosie
Seller's Agent
Molly Mcnichols
Carolina Mountain Sales
Buyer's Agent
Molly Mcnichols
Carolina Mountain Sales
List Price
$229,900
Sold Price
$170,000
Premium/Discount to List
-$59,900
-26.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Dec 14, 2011
Sold by
Rachman Bradley
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Dec 15, 2005
Sold by
Hull C Edward and Hull Jennifer R
Bought by
The Glenroth Group Llc

Purchase Details

Closed on
Sep 27, 2004
Sold by
Reynolds Mountain Development Llc
Bought by
Hull C Edward and Hull Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,244
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Goldberg Bernard $299,000 None Available
Tysinger Acquisitions Lp $285,000 None Available
Holle David $170,000 --
Wells Fargo Bank N A $207,838 None Available
The Glenroth Group Llc $700,000 --
Hull C Edward $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Glenroth Group Llc $637,672
Previous Owner Hull C Edward $286,244
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $299,000 0.0% --
09/23/2018 09/23/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $299,000 +4.9% --
01/04/2017 01/04/17 Sold $285,000 -4.7% --
11/22/2016 11/22/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $299,000 +75.9% --
04/11/2012 04/11/12 Sold $170,000 -26.1% --
03/12/2012 03/12/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $229,900 -- --
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 $18,124 $1,701,100 $308,300 $1,392,800
2023 $18,124 $1,701,100 $308,300 $1,392,800
2022 $17,523 $1,701,100 $0 $0
2021 $14,556 $1,413,100 $0 $0
2020 $1,938 $179,600 $0 $0
2019 $1,938 $179,600 $0 $0
2018 $1,848 $179,600 $0 $0
2017 $1,866 $162,000 $0 $0
2016 $1,878 $162,000 $0 $0
2015 $1,878 $162,000 $0 $0
2014 $1,878 $162,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3349823

Canopy MLS (Canopy Realtor® Association)

APN: 9740-09-6886-00000