NOT LISTED FOR SALE

185 Locust Grove Rd Weaverville, NC 28787

Estimated Value: $1,531,000 - $1,959,797

29 Acres
$60,836 Price per Acre
1,249,736 Sq Ft Lot

Last Sold May 14, 2014

Last sale price $184,000

Est. 849% increase in value since last sale

Current estimated payment $9,851/month

154 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Home fronts a stream
  • North Windy Ridge School Rated A-
  • Pasture

About This Lot

As of May 2014

Surround yourself in absolute privacy on this peaceful park like acreage with direct access off state maintained road, driveway already in place, perfect knoll in center of property for an unbelievable private estate, mountain views, small branch, old pasture and garden areas, desirable Weaverville, only restriction is 1 house per 2 acres, excellent location only 3 minutes to I-26, priced to sell!

Last Agent to Sell the Property

Ruth Maconi

Homesight Realty, Inc Listed on: 12/11/2013

Last Buyer's Agent

Deanna Holecomb

Allen Tate/Beverly-Hanks Asheville-North License #81495

Allen Tate/Beverly-Hanks Asheville-North

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,060

Year Built

  • 2016

Lot Details

  • Home fronts a stream
  • Corner Lot
  • Level Lot
  • Wooded Lot

Farming

  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 9745-56-9897

Property Details

Property Type

Land

Est. Annual Taxes

$7,060

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.92000
  • Ratio Close Price By Original Li: 0.73600
  • Ratio Current Price By Acre: 6413.38
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Exterior Features

  • Publically Maintained Road: Yes

Lot Info

  • Lot Features: Corner Lot, Mountain View, Level, Pasture, Paved Frontage, Rolling, Stream/Creek, Natural Waterfall, Winter View, Wooded, Year Round View
  • Lot Size Area: 28.690
  • Parcel Number: 9745-56-9897
  • Zoning Specification: OU
  • Plat Reference Section Pages: 5098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
May 14, 2014
Sold by
Maconi Development Llc
Bought by
Suttles Joey Ray and Switzer Monica Deaun
Seller's Agent
Ruth Maconi
Homesight Realty, Inc
Buyer's Agent
Deanna Holecomb
Allen Tate/Beverly-Hanks Asheville-North
List Price
$250,000
Sold Price
$184,000
Premium/Discount to List
-$66,000
-26.4%
Total Days on Market
154
Current Estimated Value
$1,745,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,561,399
Avg. Annual Appreciation
20.52%

Purchase Details

Closed on
Apr 26, 2013
Sold by
Bank Of North Carolina
Bought by
Maconi Development Llc

Purchase Details

Closed on
Sep 7, 2012
Sold by
Asheville Real Estate Investment
Bought by
Bank Of North Carolina

Purchase Details

Closed on
Oct 5, 2006
Sold by
Carter James Bruce
Bought by
Asheville Real Estate Investments & Cons
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
Suttles Joey Ray $184,000 Chicago Title Insurance Co
Maconi Development Llc $155,000 None Available
Bank Of North Carolina -- --
Asheville Real Estate Investments & Cons $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Switzer Monica Deaun $721,500
Closed Switzer Monica Deaun $749,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2014 05/14/14 Sold $184,000 -26.4% --
05/14/2014 05/14/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $250,000 -- --
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 $7,060 $1,094,400 $356,300 $738,100
2022 $6,517 $1,094,400 $0 $0
2021 $6,517 $1,094,400 $0 $0
2020 $5,540 $853,600 $0 $0
2019 $4,958 $764,000 $0 $0
2018 $4,668 $719,200 $0 $0
2017 $5,281 $227,500 $0 $0
2016 $1,647 $227,500 $0 $0
2015 $1,647 $227,500 $0 $0
2014 $1,647 $227,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM552856

Canopy MLS (Canopy Realtor® Association)

APN: 9745-56-9897-00000