NOT LISTED FOR SALE

2 Red Plum Ln Unit 1 Black Mountain, NC 28711

Estimated Value: $98,000 - $140,000

0.25 Acre
$497,780 Price per Acre
10,890 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $120,000

Est. 4% increase in value since last sale

Current estimated payment $874/month

3 Days on Market

About This Lot

As of April 2023

Come see this corner lot with gentle topography and an easy build site in Mountain Vista Estates! This lot has truly spectacular sunset views as far away as Mount Pisgah (27 miles away)! This lot is the highest elevation lot in Mountain Vista Estates, and it has southern and western exposure, as well as access to public water, public sewer, and cable internet. Sample building plans are on file for a home that has a 2-car garage and a FLAT driveway coming in from Red Plum Lane (see images); these plans would need to be approved by the Mountain Vista HOA. This lot is NOT subject to Black Mountain taxes, as it adjoins the town limits (but is not IN the town limits). This translates into significant tax savings. This is a rare opportunity in Black Mountain for an easy building lot in an area with upscale homes and modest restrictions. Most similar lots in Black Mountain would involve rigorous design review processes or steep slope engineering.

Last Listed By

Scott Russell

Allen Tate/Beverly-Hanks Freestone Properties Brokerage Email: scott@freestoneproperties.com License #246481 Listed on: 03/10/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $410

Lot Details

  • Property fronts a private road
  • Corner Lot
  • Sloped Lot
  • Possible uses of the property include Residential

HOA Fees

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

Community Details

  • Mountain Vista Estates Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 0609-68-7838-00000

Property Details

Property Type

Land

Est. Annual Taxes

$410

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Short Term Rental Allowed,Square Feet
  • Restrictions Description: Attached in MLS
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: scott@freestoneproperties.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 2500
  • Foundation Details Proposed: Basement

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1450
  • Association Fee Frequency: Annually
  • Association #2 Fee: 350
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 1800.00

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Sloped, Views
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 0609-68-7838-00000
  • Zoning: R-1
  • Plat Book Slide: 197/69
  • Can Be Subdivided: 0
  • Cleared Acres: 0.00
  • Wooded Area: 0.25
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 12, 2023
Sold by
Macklar Llc
Bought by
Hoch Fred L and Pope Jennie L
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$120,000
Sold Price
$120,000
Total Days on Market
3
Views
8
Current Estimated Value
$124,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,445
Avg. Annual Appreciation
1.76%

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jul 15, 2021
Sold by
Mcintosh Michael Sanin and Mcintosh Grace Karen
Bought by
Macklar Llc
Seller's Agent
Marie Reed
Keller Williams Professionals
Buyer's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.87%

Purchase Details

Listed on
Jun 25, 2017
Closed on
Apr 17, 2019
Sold by
Fore Judy Oneal and Fore William Whately
Bought by
Mcintosh Michael Sanin and Mcintosh Grace Karen
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Patti Shelton
LuxeMountain Properties
List Price
$95,000
Sold Price
$57,500
Premium/Discount to List
-$37,500
-39.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%

Purchase Details

Closed on
Jul 25, 2006
Sold by
Mountain Ventures Inc
Bought by
Fore Judy Oneal

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
Hoch Fred L $120,000 None Listed On Document
Macklar Llc $58,000 None Available
Mcintosh Michael Sanin $57,500 None Available
Fore Judy Oneal $75,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $120,000 0.0% --
03/10/2023 03/10/23 For Sale $120,000 +106.9% --
07/19/2021 07/19/21 Sold $58,000 -11.6% --
06/24/2021 06/24/21 Pending -- -- --
03/19/2021 03/19/21 Price Changed $65,600 -6.2% --
11/04/2020 11/04/20 For Sale $69,900 +21.6% --
04/22/2019 04/22/19 Sold $57,500 -14.8% --
02/13/2019 02/13/19 Pending -- -- --
08/21/2018 08/21/18 Price Changed $67,500 -28.9% --
06/25/2017 06/25/17 For Sale $95,000 -- --
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 $410 $65,600 $65,600 $0
2022 $390 $65,600 $0 $0
2021 $390 $65,600 $0 $0
2020 $608 $93,700 $0 $0
2019 $608 $93,700 $0 $0
2018 $608 $93,700 $0 $0
2017 $598 $57,000 $0 $0
2016 $401 $57,000 $0 $0
2015 $401 $57,000 $0 $0
2014 $401 $57,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4009393

Canopy MLS (Canopy Realtor® Association)

APN: 0609-68-7838-00000