NOT LISTED FOR SALE

187 Settings Blvd Unit 237 Black Mountain, NC 28711

Estimated Value: $56,000 - $692,000

0.9 Acre
$318,148 Price per Acre
39,204 Sq Ft Lot

Last Sold November 15, 2022

Last sale price $40,000

Est. 616% increase in value since last sale

Current estimated payment $1,656/month

77 Days on Market

Highlights

  • Gated Community
  • Private Lot
  • Wooded Lot
  • Clubhouse
  • Pond
  • Community Playground

About This Lot

As of November 2022

Motivated sellers! Million Dollar Views in The Settings of Black Mountain. Come build your dream home in The Settings on this prime lot that is close to the front gate with easy access to the clubhouse. Well maintained infrastructure throughout the community including paved roads, underground utilities and sidewalks. Enjoy spending time with family and friends at the gorgeous clubhouse, community playground, pond and walking trails. Only 2.5 miles to downtown Black Mountain and 18 miles to Asheville. Enjoy local restaurants, shops and breweries in Black Mountain while also being very close to Asheville and many other spots including Lake Lure and Chimney Rock.

Last Agent to Sell the Property

Nan Kramer

Town and Mountain Realty License #315880 Listed on: 08/30/2022

Town and Mountain Realty

Last Buyer's Agent

Bret Frk

Unique: A Real Estate Collective License #283506

Property Details

Property Type

  • Land

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot
  • Steep Slope
  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as res lot

HOA Fees

  • $108 Monthly HOA Fees

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 061858302700000

Community Details

Overview

  • The Settings Of Black Mountain Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Trails
  • Pond

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 44444.44
  • Restrictions: Architectural Review,Manufactured Home Not Allowed
  • Road Frontage Type: Paved Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Exterior Features: Underground Power Lines
  • Tax Location: Black Mountain
  • Wooded Acres: 0.90

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Playground, Pond, Walking Trails
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: roynan.jones@tsobm.com
  • CAR_YearlyHOAExpense: 1300.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved, Private, Steep Slope, Wooded, Views, Wooded, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 061858302700000
  • Out Buildings Yn: 0
  • Plat Book Slide: 100/42
  • Can Be Subdivided: 0
  • Cleared Acres: 0.00
  • Lot Size: per tax records
  • Zoning Description: res lot
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.56000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Nov 15, 2022
Sold by
Tull Gary A and Tull Jana L
Bought by
Blackard Karen Varnum and Blackard Bradley Carl
Seller's Agent
Nan Kramer
Town and Mountain Realty
Buyer's Agent
Bret Frk
Unique: A Real Estate Collective
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%
Views
52
Current Estimated Value
$286,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,333
Avg. Annual Appreciation
85.34%

Purchase Details

Closed on
Nov 10, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Tull Gary A and Tull Jana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,345
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
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
Blackard Karen Varnum $40,000 --
Tull Gary A $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tull Gary A $272,345
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2022 11/15/22 Sold $40,000 -18.4% --
08/30/2022 08/30/22 For Sale $49,000 -- --
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 $734 $87,500 $87,500 --
2024 $734 $87,500 $87,500 --
2023 $734 $87,500 $87,500 $0
2022 $695 $87,500 $0 $0
2021 $695 $87,500 $0 $0
2020 $754 $87,500 $0 $0
2019 $754 $87,500 $0 $0
2018 $754 $87,500 $0 $0
2017 $763 $68,100 $0 $0
2016 $667 $68,100 $0 $0
2015 $667 $68,100 $0 $0
2014 $667 $68,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3900048

Canopy MLS (Canopy Realtor® Association)

APN: 0618-58-3027-00000