NOT LISTED FOR SALE

18 Old Lafayette Ln Unit 11 Black Mountain, NC 28711

Estimated Value: $714,721 - $996,000

0.24 Acre
$3,409,083 Price per Acre
10,454 Sq Ft Lot

Last Sold April 07, 2020

Last sale price $27,000

Est. 2,930% increase in value since last sale

Current estimated payment $4,672/month

257 Days on Market

Highlights

  • Gated Community
  • Private Lot
  • Trails
  • Clubhouse

About This Lot

As of April 2020

Black Mountains Premier Gated Community just minutes to downtown shops and restaurants. The mostly level lot is a great build site between the Gate House and Community Club House, no steep driveways here. This lot adjoins green space which makes if feel even larger. Great place to build your mountain home with a bubbling creek in the back yard. Survey attached in MLS with setbacks marked.

Last Agent to Sell the Property

Byron Bailey

GreyBeard Realty License #230955 Listed on: 07/17/2019

Co-Listed By

Holly Lindsey

Noble & Company Realty License #216305

Last Buyer's Agent

Bob Sadlemire

Howard Hanna Beverly-Hanks Freestone Properties License #295811

Property Details

Property Type

  • Land

Lot Details

  • Private Lot

HOA Fees

  • $96 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 0618-48-3081-00000
  • Tax Block 0162

Community Details

Overview

  • First Service Residential Association, Phone Number (704) 527-2314

Recreation

  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.67669
  • Ratio Close Price By Original Li: 0.67669
  • Ratio Current Price By Acre: 112500.00
  • Restrictions: Architectural Review, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-527-2314

Exterior Features

  • Construction Type: Site Built
  • Cleared Acres: 0.22

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Walking Trails
  • Association Fee: 1150.00
  • Association Fee Frequency: Annually
  • HOA Management Company: First Service Residential
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Mountain View, Paved Frontage, Private
  • Lot Size Area: 0.240
  • Parcel Number: 0618-48-3081-00000
  • Zoning Specification: Res
  • Plat Book Slide: 0096
  • Plat Reference Section Pages: 0096/0162

Tax Info

  • Tax Value: 48600.00
  • Tax Block: 0162
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Apr 3, 2020
Sold by
Hughes Randal R and Bell Hughes Lauria
Bought by
Rubino Nicholas A and Mcharness Matthew G
Seller's Agent
Byron Bailey
GreyBeard Realty
Buyer's Agent
Bob Sadlemire
Howard Hanna Beverly-Hanks Freestone Properties
List Price
$39,900
Sold Price
$27,000
Premium/Discount to List
-$12,900
-32.33%
Current Estimated Value
$818,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,180
Avg. Annual Appreciation
85.10%

Purchase Details

Closed on
May 13, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Hughes Randal R and Hughes Sherry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,639
Interest Rate
5.88%
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
Rubino Nicholas A $27,000 None Available
Hughes Randal R $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Randal R $90,639
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2020 04/07/20 Sold $27,000 -32.3% --
03/30/2020 03/30/20 Pending -- -- --
07/17/2019 07/17/19 For Sale $39,900 -- --
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
2025 $3,011 $281,500 $48,600 $232,900
2024 $3,011 $359,100 $48,600 $310,500
2023 $3,011 $359,100 $48,600 $310,500
2022 $386 $48,600 $0 $0
2021 $386 $48,600 $0 $0
2020 $419 $48,600 $0 $0
2019 $419 $48,600 $0 $0
2018 $419 $48,600 $0 $0
2017 $0 $32,400 $0 $0
2016 $317 $32,400 $0 $0
2015 $317 $32,400 $0 $0
2014 $317 $32,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3530428

Canopy MLS (Canopy Realtor® Association)

APN: 0618-48-3081-00000