NOT LISTED FOR SALE

2 Arbor Rd Swannanoa, NC 28778

Swannanoa Area

Estimated Value: $664,472

4 Beds
3.5 Baths
2,944 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2020

Last sale price $450,000 $153 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,043 / mo

59 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Separate Outdoor Workshop
  • Private Lot
  • Wood Flooring
  • Fireplace

About This Home

As of December 2020

This Southland Log Home has amazing views of the Blue Ridge Parkway and Mt. Mitchell, with 2 acres of privacy, yet close to Asheville and Black Mountain. Imagine being minutes from town but tucked away in your own private retreat. Rocking on the expansive covered front porch and relaxing on the private back deck with views galore. Master on the main floor with a two story great room with gas fireplace unit and open to the kitchen eating area. New interior paint, carpet, bathroom floors, and a freshly stained deck. Lower level has a successful rental history with an interior and separate exterior entrance. It includes a kitchen, gas fireplace/heater, bathroom, bedroom and bed/bonus room, separate laundry hook up and private covered deck with views. Outdoor building/workshop with electric, loft and lots of storage. Playhouse is modeled after outbuilding. Short term rentals allowed, low HOA fees that cover road maintenance.

Last Agent to Sell the Property

Diane Morris

Carolina Life Properties LLC License #105386 Listed on: 08/26/2020

Co-Listed By

Donette Moore-Douglass

Howard Hanna Beverly-Hanks Freestone Properties License #229189

Last Buyer's Agent

Diane Morris

Carolina Life Properties LLC License #105386 Listed on: 08/26/2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Private Lot
  • Many Trees

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace
  • Storage Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Cork
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Utilities

  • Septic Tank

Community Details

  • Laurel Acres HOA, Phone Number (828) 230-6222

Listing and Financial Details

  • Assessor Parcel Number 9687-28-8004-00000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

2.03 Acres

HOA Fees

$33 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.91837
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Acre: 221674.88
  • Ratio Current Price By Sq Ft: 152.85
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 632
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace Description: Great Room, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Cork, Laminate Tile, Vinyl, Wood
  • H O A Management Phone: 828-230-6222
  • Interior Amenities: Open Floorplan, Pantry, Split BR Plan, Storage Unit, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Lower
  • Room Count: 3
  • Second Living Quarters: Exterior Connected, Interior Connected, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters
  • Second Living Quarters Hla: 1156
  • Lower Level Sq Ft: 1156
  • Main Level Sq Ft: 1156
  • Total Sq Ft: 2944

Exterior Features

  • Construction: Log, Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Outbuilding, Shed(s), Workshop

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 400.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Laurel Acres HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Sloping, Trees, Views, Year Round View
  • Parcel Number: 9687-28-8004-00000
  • Zoning Specification: R-L

Tax Info

  • Tax Value: 275600.00
  • Tax Location: Buncombe

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Dec 14, 2020
Sold by
Wright Hugh L and Wright Nicole A
Bought by
Seller's Agent
Diane Morris
Carolina Life Properties LLC
Buyer's Agent
Diane Morris
Carolina Life Properties LLC
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Current Estimated Value
$664,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,472
Avg. Annual Appreciation
7.00%
Original Mortgage
$427,500
Outstanding Balance
$370,840
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$293,632

Purchase Details

Closed on
May 30, 1996
Sold by
Buckeye Cove Enter Inc
Bought by
Wright and Wright
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Swannanoa, NC

  • Ameliah Davidson Real Estate Agent - GreyBeard Realty

    Ameliah Davidson

    GreyBeard Realty

    (828) 484-0239

    113 Total Sales

    11 in Swannanoa

    $57K - $740K Price Range

    Ameliah Davidson
     Section Image
  • Melissa Wright Real Estate Agent - Carolina Mountain Sales

    Melissa Wright

    Carolina Mountain Sales

    (828) 484-4654

    126 Total Sales

    2 in Swannanoa

    $340K - $554K Price Range

    Melissa Wright
     Section Image
  • Zach Penland Real Estate Agent - NextHome Partners

    Zach Penland

    NextHome Partners

    (828) 672-2239

    88 Total Sales

    2 in Swannanoa

    $160K - $369K Price Range

    Zach Penland
     Section Image
  • Katie Myers Real Estate Agent - Realty ONE Group Pivot Hendersonville

    Katie Myers

    Realty ONE Group Pivot Hendersonville

    (828) 672-6668

    82 Total Sales

    7 in Swannanoa

    $260K - $573K Price Range

    Katie Myers
     Section Image
  • Sandra Locastro Real Estate Agent - Mountain Charm Realty

    Sandra Locastro

    Mountain Charm Realty

    (828) 672-2959

    51 Total Sales

    3 in Swannanoa

    $321K - $566K Price Range

    Sandra Locastro
     Section Image
  • Jessica Jackson Real Estate Agent - Town and Mountain Realty

    Jessica Jackson

    Town and Mountain Realty

    (828) 672-2726

    111 Total Sales

    5 in Swannanoa

    $175K - $535K Price Range

    Jessica Jackson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900 None Listed On Document
Wright $11,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $427,500
Previous Owner Wright Hugh Latimer $136,000
Previous Owner Wright Hugh L $202,349
Previous Owner Wright Hugh $184,950
Previous Owner Wright Hugh L $25,000
Previous Owner Wright Hugh L $165,500
Previous Owner Wright Hugh L $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $450,000 -8.2% $153 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $490,000 -2.0% $166 / Sq Ft
08/26/2020 08/26/20 For Sale $500,000 -- $170 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,094 $444,200 $49,200 $395,000
2024 $2,921 $444,200 $49,200 $395,000
2023 $2,921 $444,200 $49,200 $395,000
2022 $2,790 $444,200 $0 $0
2021 $2,790 $444,200 $0 $0
2020 $1,844 $275,600 $0 $0
2019 $1,844 $275,600 $0 $0
2018 $1,844 $275,600 $0 $0
2017 $1,841 $197,400 $0 $0
2016 $1,447 $197,400 $0 $0
2015 $1,447 $197,400 $0 $0
2014 $1,447 $197,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DM

    Seller's Agent in 2020

    Diane Morris

    Carolina Life Properties LLC

    Section Image
  • Donette Moore-Douglass Real Estate Agent - Howard Hanna Beverly-Hanks Freestone Properties

    Seller Co-Listing Agent in 2020

    Donette Moore-Douglass

    Howard Hanna Beverly-Hanks Freestone Properties

    (828) 215-6002

    45 Total Sales

    Donette Moore-Douglass
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Map

Source: Canopy MLS

MLS Number: CAR3655908

Canopy MLS

APN: 9687-28-8004-00000

North Carolina Buncombe County Swannanoa 28778

2 Arbor Rd, Swannanoa, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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