NOT LISTED FOR SALE

18 Rustling Pine Trail Unit 2 Black Mountain, NC 28711

Estimated Value: $67,000 - $132,000

0.29 Acre
$378,848 Price per Acre
12,632 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $115,000

Est. 4% decrease in value since last sale

Current estimated payment $637/month

58 Days on Market

About This Lot

As of August 2023

Rare opportunity to purchase a gently sloping building lot in the Black Mountain town limits! City water and public sewer are available. This is the last lot of a 5-lot subdivision. Rustling Pine Trail is a private road offering a tucked away location just minutes from the Black Mountain Y, Creekside Racquet Club, and the amenities of downtown Black Mountain. Enjoy mountain views from your front porch. This property is also available as part of a package with the house (under construction) next door (see MLS 4004532).

Last Listed By

Scott Russell

Allen Tate/Beverly-Hanks Freestone Properties License #246481 Listed on: 03/01/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $335

Lot Details

  • Possible uses of the property include Residential
  • Property is zoned UR-8

Property Views

  • Mountain Views

Schools

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

Utilities

  • Water Tap or Transfer Fee
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0618-59-7743-00000

Property Details

Property Type

Land

Est. Annual Taxes

$335

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Modular Allowed
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Mountain(s), Year Round
  • Waterfront Elevation: 2000
  • Foundation Details Proposed: Basement,Crawl Space

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: County Sewer, Tap Fee Required
  • Utilities: Cable Available, Gas
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: None

Lot Info

  • Lot Features: Views
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Parcel Number: 0618-59-7743-00000
  • Zoning: UR-8
  • Plat Book Slide: 135/007
  • Can Be Subdivided: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: UR-8

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Jun 24, 2019
Sold by
Strategy Development Llc
Bought by
Alexandra Place Investments Llc
Seller's Agent
Chrissie Miller
EXP Realty LLC
Buyer's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$65,000
Sold Price
$57,500
Premium/Discount to List
-$7,500
-11.54%
Total Days on Market
58
Current Estimated Value
$109,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,366
Avg. Annual Appreciation
11.64%
Original Mortgage
$131,440
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2014
Sold by
Dra Living Inc
Bought by
Caro Tex Investments Llc

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
Alexandra Place Investments Llc $115,000 None Available
Caro Tex Investments Llc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Alexandra Place Investments Llc $131,440
Previous Owner Hensley Rand & Associates Inc $348,075
Previous Owner Dra Living Inc $701,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $115,000 -22.8% --
03/01/2023 03/01/23 For Sale $149,000 +159.1% --
07/02/2019 07/02/19 Sold $57,500 -11.5% --
03/11/2019 03/11/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $65,000 -- --
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 $335 $39,900 $39,900 $0
2022 $317 $39,900 $0 $0
2021 $317 $39,900 $0 $0
2020 $301 $34,900 $0 $0
2019 $301 $34,900 $0 $0
2018 $301 $34,900 $0 $0
2017 $304 $31,600 $0 $0
2016 $309 $31,600 $0 $0
2015 $309 $31,600 $0 $0
2014 $309 $31,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4004498

Canopy MLS (Canopy Realtor® Association)

APN: 0618-59-7743-00000