NOT LISTED FOR SALE

197 Settings Blvd Unit 242 Black Mountain, NC 28711

Estimated Value: $48,000 - $362,000

0.55 Acre
$276,222 Price per Acre
23,958 Sq Ft Lot

Last Sold June 15, 2012

Last sale price $20,000

Est. 660% increase in value since last sale

Current estimated payment $883/month

532 Days on Market

Highlights

  • Gated Community
  • Front Green Space
  • Level Lot
  • Wooded Lot

About This Lot

As of June 2012

Great price on this lot in premiere gated community with walking trails, outdoor amenities, parks and many other proposed amenities such as clubhouse and pool. Easy access to 1-40 and downtown Black Mountain. Property conveyed by Special Warrenty Deed. Buyer to use due diligence in verifying lot size, sewer, restrictions, etc.Sold AS IS WHERE IS- All contracts need Pre-qual letter or POF.

Last Agent to Sell the Property

Lisa Maloney

AVL Living LLC License #251046 Listed on: 11/09/2010

Last Buyer's Agent

Tad Dixon

Engel & Völkers Asheville License #233810

Engel & Völkers Asheville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $686

Lot Details

  • Front Green Space
  • Level Lot
  • Wooded Lot
  • Many Trees

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 0618-57-0908-00000

Property Details

Property Type

Land

Est. Annual Taxes

$686

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.50125
  • Ratio Close Price By Original Li: 0.26316
  • Ratio Current Price By Acre: 36363.64
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 1150.00

Schools

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

Lot Info

  • Lot Features: Green Area, Level, Mountain View, Paved Frontage, Sloping, Trees, Wooded, Year Round View
  • Lot Size Area: 0.550
  • Parcel Number: 0618-57-0908-00000
  • Zoning Specification: R-1
  • Plat Reference Section Pages: 4752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2010
Closed on
Jun 15, 2012
Sold by
Hometrust Bank
Bought by
Green Pig Holdings Llc
Seller's Agent
Lisa Maloney
AVL Living LLC
Buyer's Agent
Tad Dixon
Engel & Völkers Asheville
List Price
$76,000
Sold Price
$20,000
Premium/Discount to List
-$56,000
-73.68%
Current Estimated Value
$151,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,922
Avg. Annual Appreciation
16.56%

Purchase Details

Closed on
Jan 4, 2010
Sold by
Kernus Brad S and Kernus Jaime A
Bought by
Hometrust Bank

Purchase Details

Closed on
Apr 11, 2006
Sold by
The Settings Of Black Mountain Llc
Bought by
Kernus Brad S and Kernus Jaime A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,950
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
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
Green Pig Holdings Llc $20,000 None Available
Hometrust Bank $112,500 None Available
Kernus Brad S $284,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kernus Brad S $283,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $20,000 -73.7% --
04/24/2012 04/24/12 Pending -- -- --
11/09/2010 11/09/10 For Sale $76,000 -- --
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
2024 $686 $81,800 $81,800 --
2023 $686 $81,800 $81,800 $0
2022 $649 $81,800 $0 $0
2021 $649 $81,800 $0 $0
2020 $705 $81,800 $0 $0
2019 $705 $81,800 $0 $0
2018 $705 $81,800 $0 $0
2017 $713 $63,600 $0 $0
2016 $623 $63,600 $0 $0
2015 $623 $63,600 $0 $0
2014 $623 $63,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM477594

Canopy MLS (Canopy Realtor® Association)

APN: 0618-57-0908-00000