NOT LISTED FOR SALE

2 Timber Hill Dr Unit LOT 1 Leicester, NC 28748

Estimated Value: $468,000 - $851,000

2 Acres
$310,474 Price per Acre
87,120 Sq Ft Lot

Last Sold March 15, 2018

Last sale price $48,665

Est. 1,176% increase in value since last sale

Current estimated payment $3,507/month

249 Days on Market

Highlights

  • Hilly Lot
  • Corner Lot
  • Front Green Space
  • Pond
  • Recreation Facilities
  • Home fronts a stream

About This Lot

As of March 2018

This 2.0-acre lot is the largest in Timber Ridge, over 90% cleared & ready for your new home on the knoll! Overlooking a cool mountain stream, farmland, rolling green & long range views, this corner location is a sure fit for anyone seeking a quiet community setting & privacy. Build your new life at Timber Ridge where beauty value surround you! Seller will cut in access road and remove trees w/ acceptable offer. Owner Financing Available. Agent related to seller.

Last Agent to Sell the Property

Karen Perry

Nest Realty Asheville License #246473 Listed on: 05/22/2017

Nest Realty Asheville

Last Buyer's Agent

Alan Wray

Heartwood Realty LLC License #282251

Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Corner Lot
  • Open Lot
  • Hilly Lot
  • Many Trees
  • Property is zoned Residential Lot

HOA Fees

  • $25 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 8792-83-5951-00000
  • Tax Block 0103

Community Details

Overview

  • Marshmallow Investments, Llc Association

Recreation

  • Recreation Facilities
  • Pond
  • Creek On Lot

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.89294
  • Ratio Close Price By Original Li: 0.89294
  • Ratio Current Price By Acre: 24332.50
  • Restrictions: Architectural Review, Square Feet
  • Additional Information: Tax Information
  • Special Features: None

Interior Features

  • Foundation Details: Basement

Condo/Co-op/Association

  • Community Features: Pond, Recreation Area
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Marshmallow Investments, LLC
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Corner Lot, Mountain View, Waterfront, Green Area, Hilly, Long Range View, Open Lot, Paved Frontage, Rolling, Stream/Creek, Trees, Views, Winter View, Year Round View, Creekfront
  • Parcel Number: 8792-83-5951-00000
  • Zoning: Residential Lot
  • Zoning Specification: OU
  • Plat Book Slide: 0102
  • Plat Reference Section Pages: 683-685

Tax Info

  • Tax Value: 47800.00
  • Tax Amount Ncm: 48000.00
  • Tax Block: 0103
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Mar 15, 2018
Sold by
Marshmallow Investments Llc
Bought by
Lowe Robin G
Seller's Agent
Karen Perry
Nest Realty Asheville
Buyer's Agent
Alan Wray
Heartwood Realty LLC
List Price
$54,500
Sold Price
$48,665
Premium/Discount to List
-$5,835
-10.71%
Current Estimated Value
$620,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,283
Avg. Annual Appreciation
39.19%

Purchase Details

Closed on
Apr 20, 2017
Sold by
Hyder Land Development Llc
Bought by
Marshmallow Investments Llc

Purchase Details

Closed on
Mar 8, 2006
Bought by
Hyder Land Development Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lowe Robin G $49,000 None Available
Marshmallow Investments Llc -- None Available
Hyder Land Development Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $48,665 -10.7% --
01/26/2018 01/26/18 Pending -- -- --
05/22/2017 05/22/17 For Sale $54,500 -- --
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
2025 -- $379,300 $51,700 $327,600
2024 -- $379,300 $51,700 $327,600
2023 $2,432 $381,000 $51,700 $329,300
2022 $2,394 $381,000 $0 $0
2021 $325 $51,700 $0 $0
2020 $321 $48,000 $0 $0
2019 $321 $48,000 $0 $0
2018 $321 $48,000 $0 $0
2017 $326 $47,800 $0 $0
2016 $356 $47,800 $0 $0
2015 $356 $47,800 $0 $0
2014 $341 $47,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3268581

Canopy MLS (Canopy Realtor® Association)

APN: 8792-83-5951-00000