NOT LISTED FOR SALE

202 Montreat Rd Black Mountain, NC 28711

Estimated Value: $641,000 - $794,000

3 Beds
2.5 Baths
1,793 Sq Ft
$416/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $491,000 $274 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,333/month

62 Days on Market

Highlights

  • Under Construction
  • Contemporary Architecture
  • Attached Garage
  • Open Floorplan
  • Fireplace
  • Tray Ceiling

About This Home

As of August 2020

Ready to call your home! this centrally located newly built home with all the bells and whistles! Open concept living with Luxury details throughout. Stroll around the corner on Saturday mornings to the Tailgate Farmer's Market or a short walk to shops, restaurants, the library or Lake Tomahawk.
The Great Room features 11 foot ceilings and a Beautiful Stone Gas Fireplace with remote. Gourmet Kitchen with Oversize Island, Gas Cook top and Electric stove. High End Quartz Counter tops and soft close drawers. Enjoy the sweet mountain air on the 10 'x 23' covered deck. Custom Cabinetry throughout the home and custom organizers in closets. Double Vanities and porcelain tile in both main bath and master. Driveway with turn around and landscaping features river rock, Hydrangeas and Rhododendron. Too many quality details to mention, please see attached features list. The perfect combination of Luxury and Convenience!

Last Agent to Sell the Property

Laurie Bonilla

Southern Homes of the Carolinas, Inc License #283038 Listed on: 05/04/2020

Last Buyer's Agent

Michelle Riggs

Keller Williams - Black Mtn. License #316822

Keller Williams - Black Mtn.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 5,663

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Vinyl Plank Flooring
  • Pull Down Stairs to Attic
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Community Details

  • Built by Miles

Listing and Financial Details

  • Assessor Parcel Number 0619-37-1771-00000

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.94423
  • Ratio Close Price By Original Li: 0.90943
  • Ratio Current Price By Acre: 3776923.08
  • Ratio Current Price By Sq Ft: 273.84
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 983
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Electric Oven, Exhaust Hood, Microwave, Refrigerator
  • Fireplace Description: Gas Vented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 810
  • Total Sq Ft: 1793
  • Sq Ft Unheated Main: 252
  • Sq Ft Unheated Total: 252

Exterior Features

  • Construction: Hardboard Siding, Stone
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, g-Electric Vehicle Charging Station, Garage - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: Per Plat
  • Lot Features: Mountain View, Sloping
  • Lot Size Area: 0.130
  • Parcel Number: 0619-37-1771-00000
  • Plat Book Slide: 0182/0060
  • Plat Reference Section Pages: 182/60
  • Zoning Specification: RES

Building Info

  • Builder Name: Miles

Tax Info

  • Tax Value: 142000.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Graff Karen Michelle and Rathke Scott Henry
Bought by
Rathke Scott H and Graff Karen M
Current Estimated Value
$746,259

Purchase Details

Listed on
May 4, 2020
Closed on
Aug 13, 2020
Sold by
Miles Terry W and Miles Shareen K
Bought by
Graff Karen Michelle and Rathke Scott Henry
Seller's Agent
Laurie Bonilla
Southern Homes of the Carolinas, Inc
Buyer's Agent
Michelle Riggs
Keller Williams - Black Mtn.
List Price
$539,900
Sold Price
$491,000
Premium/Discount to List
-$48,900
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$358,400
Outstanding Balance
$318,640
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$449,987

Purchase Details

Closed on
May 10, 2019
Sold by
Mclellan Michael Ryan and Mclellan Kelly P
Bought by
Miles Terry and Miles Shareen K
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
Rathke Scott H -- None Available
Graff Karen Michelle $491,000 None Available
Miles Terry $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graff Karen Michelle $358,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $491,000 -5.6% $274 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
07/02/2020 07/02/20 Price Changed $520,000 -3.7% $290 / Sq Ft
05/04/2020 05/04/20 For Sale $539,900 -- $301 / Sq Ft
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 $4,285 $499,400 $81,900 $417,500
2023 $4,285 $499,400 $81,900 $417,500
2022 $3,965 $499,400 $81,900 $417,500
2021 $3,965 $499,400 $0 $0
2020 $1,223 $142,000 $0 $0
2019 $577 $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3617655

Canopy MLS (Canopy Realtor® Association)

APN: 0619-37-1771-00000