NOT LISTED FOR SALE

208 Westridge Farm Rd Unit 5 Asheville, NC 28804

Estimated Value: $1,002,000 - $1,094,000

0.21 Acre
$5,000,629 Price per Acre
9,148 Sq Ft Lot

Last Sold August 15, 2023

Last sale price $155,000

Est. 578% increase in value since last sale

Current estimated payment $6,401/month

8 Days on Market

Highlights

  • Mountain View
  • Hilly Lot
  • Sport Court
  • West Buncombe Elementary Rated A-
  • Wooded Lot
  • Picnic Area

About This Lot

As of August 2023

Less than 7 miles to downtown Asheville, the Olivette agrihood is a 411-acre planned community featuring a riverfront park along the French Broad River. This lot includes fiber optic cable, underground utilities, city water & sewer, state maintained roads and a pre-drilled geothermal well for heating & cooling. The heart of Olivette is a fully operational 4-season organic farm offering a CSA, farm stand, tailgate markets & other farm-centric activities. Residents enjoy access to miles of hiking trails, community gardens, orchards, a large private river island with pavilion & fireplace, & dog park. Community infrastructure includes fiber optic cable, underground utilities, city water & sewer, and state-maintained roads.

Last Agent to Sell the Property

Allie Bourdy

Town and Mountain Realty License #318083 Listed on: 07/20/2023

Last Buyer's Agent

Elizabeth Ruth

Allen Tate/Beverly-Hanks Brevard-Downtown License #206550

Allen Tate/Beverly-Hanks Brevard-Downtown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,699

Lot Details

  • Level Lot
  • Hilly Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned OU

HOA Fees

  • $204 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Woodfin/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Listing and Financial Details

  • Assessor Parcel Number 9721-14-8025

Community Details

Overview

  • Olivette Community Association
  • Olivette Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Sport Court
  • Community Playground
  • Dog Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$5,699

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Square Feet,Other - See Remarks
  • Special Assessment Yn: 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Exterior Features: Other - See Remarks
  • View: Long Range, Mountain(s), Year Round
  • Water Body Name: French Broad River
  • Waterfront Features: Other - See Remarks
  • Other Structures: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park, Picnic Area, Playground, Sport Court, Street Lights, Walking Trails, Other
  • Association Fee: 1225
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Olivette Community Association
  • ResoAssociationFeeFrequency: SemiAnnually
  • Association Email: dspargo@communityassociationmanagement.com

Association/Amenities

  • Association Annual Expense: 2450.00

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required

Lot Info

  • Lot Features: Hilly, Level, Wooded, Views
  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Parcel Number: 9721-14-8025
  • Plat Book Slide: 190/163
  • Can Be Subdivided: 0
  • Additional Parcels Description: 9721-13-8918
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Woodfin/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 15, 2023
Sold by
Econopouly Craig Cashius and Econopouly Megan Ashley
Bought by
Clark & Kalogridis Family Trust and Clark
Seller's Agent
Allie Bourdy
Town and Mountain Realty
Buyer's Agent
Elizabeth Ruth
Allen Tate/Beverly-Hanks Brevard-Downtown
List Price
$155,000
Sold Price
$155,000
Views
18
Current Estimated Value
$1,050,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,132
Avg. Annual Appreciation
152.54%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Oilvette Development Llc
Bought by
Econopouly Craig Cashius and Econopouly Megan Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.62%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Clark & Kalogridis Family Trust $1,020,000 None Listed On Document
Econopouly Craig Cashius $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Econopouly Craig Cashius $602,000
Previous Owner Econopouly Craig Cashius $510,400
Previous Owner Econopouly Craig Cashius $453,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $155,000 0.0% --
07/20/2023 07/20/23 For Sale $155,000 -- --
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 $5,699 $591,800 $107,300 $484,500
2022 $5,640 $591,800 $0 $0
2021 $5,640 $591,800 $0 $0
2020 $4,500 $450,400 $0 $0
2019 $1,529 $153,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4051057

Canopy MLS (Canopy Realtor® Association)

APN: 9721-14-8025-00000