NOT LISTED FOR SALE

209 Riva Ridge Dr Fairview, NC 28730

Estimated Value: $617,000 - $707,000

3 Beds
3 Baths
2,872 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $550,000 $192 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,937/month

8 Days on Market

Highlights

  • Spa
  • Mountain View
  • Deck
  • Fairview Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Private Lot

About This Home

As of March 2023

Great investment opportunity and STRs ALLOWED! Rent main level and in-law suite or live in one and rent the other! Culdesac home in the sought-after, established Fairview Downs gated community. Located 5 minutes from groceries and dining and just a short drive to the heart of Asheville. This multi-family home features 3 bedrooms on the main level and a spacious IN-LAW SUITE on the lower level, all located on a large, LEVEL LOT. Feel like royalty in the oversized primary suite with a versatile changing room or office and your own personal fireplace. Walk outside and enjoy the beautiful MOUNTAIN VIEWS from your oversized deck that is perfect for entertaining or take a dip in the hot tub. Ample parking with a wrap-around driveway and oversized two-car garage with a workshop. The gated neighborhood features a playground, volleyball court, picnic area, and a paved trail all while keeping the HOA dues low.

Last Agent to Sell the Property

Grace Robinson

COMPASS License #279385 Listed on: 02/11/2023

COMPASS

Last Buyer's Agent

LaRue Allen

RE/MAX Executive License #249936

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1985

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned OU

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Hardboard

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement
  • Natural lighting in basement

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9676-88-4577-00000

Community Details

Overview

  • Community Association Management Association, Phone Number (828) 348-0324
  • Fairview Downs Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,403

Year Built

Built in 1985

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Restrictions: Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Restrictions Description: See Attachment of CC&Rs
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Split Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 191.50
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2034
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2034
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Apartment, Daylight, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 838
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom, Wood Burning, Other - See Remarks
  • Living Area: 2872
  • Bedroom Main: 3
  • Room Count: 14
  • Sq Ft Other: 206

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Construction Type: Site Built
  • View: Mountain(s)
  • Construction Type: Brick Partial, Hardboard Siding, Vinyl
  • Other Structures: Workshop
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 749
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Faces Side

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Utility Room, Laundry Chute, Lower Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Playground, Walking Trails
  • Association Fee: 100
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Community Association Management
  • Phone: 828-348-0324
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 400.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Level, Private, Wooded, Views
  • Lot Size Area: 0.73
  • Lot Size Units: Acres
  • Parcel Number: 9676-88-4577-00000
  • Zoning: OU
  • Plat Book Slide: 0050
  • Plat Reference Section Pages: 0099
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Mar 31, 2023
Sold by
Blackwell Agata and Blackwell Peter
Bought by
Bassett Daniel Shawn and Penley Lauren Beth
Seller's Agent
Grace Robinson
COMPASS
Buyer's Agent
LaRue Allen
RE/MAX Executive
List Price
$515,000
Sold Price
$550,000
Premium/Discount to List
$35,000
6.8%
Views
71
Current Estimated Value
$676,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,394
Avg. Annual Appreciation
8.58%
Original Mortgage
$495,000
Outstanding Balance
$483,179
Interest Rate
6.32%
Estimated Equity
$184,273

Purchase Details

Listed on
Feb 11, 2023
Closed on
Mar 28, 2023
Sold by
Blackwell Brandy B
Bought by
Bassett Daniel Shawn and Penley Lauren Beth
Seller's Agent
Grace Robinson
COMPASS
Buyer's Agent
LaRue Allen
RE/MAX Executive
List Price
$515,000
Sold Price
$550,000
Premium/Discount to List
$35,000
6.8%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$483,179
Interest Rate
6.32%
Estimated Equity
$184,273

Purchase Details

Listed on
Sep 19, 2019
Closed on
Jan 30, 2020
Sold by
Pinnacle Financial Serviccs Group Llc
Bought by
Blackwell Agata N and Blackwell Brandy B
Seller's Agent
Ralph Harvey
Listwithfreedom.com Inc
Buyer's Agent
Gary Hollifield
Hollifield & Company Properties Inc.
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.38%
Original Mortgage
$320,336
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2006
Sold by
Allred James B and Allred Jean D
Bought by
Pinnacle Financial Services Group Llc

Purchase Details

Closed on
Nov 3, 2005
Sold by
Pinnacle Financial Services Group Llc
Bought by
Allred James B and Allred Jean D

Purchase Details

Closed on
Jun 15, 2005
Sold by
Allred James B and Allred Jean D
Bought by
Pinnacle Financial Services Group Llc and The Allred Family Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,800
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
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
Bassett Daniel Shawn $490,000 --
Bassett Daniel Shawn $60,000 --
Blackwell Agata N $350,000 First American Mortgage Sln
Pinnacle Financial Services Group Llc -- None Available
Allred James B -- --
Pinnacle Financial Services Group Llc $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett Daniel Shawn $495,000
Closed Bassett Daniel Shawn $495,000
Previous Owner Blackwell Agata N $319,487
Previous Owner Blackwell Agata N $319,487
Previous Owner Blackwell Agata N $320,336
Previous Owner Allred James B $254,400
Previous Owner Allred James B $25,440
Previous Owner Pinnacle Financial Services Group Llc $69,800
Previous Owner Allred James B $47,000
Previous Owner Allred James B $200,000
Previous Owner Allred James B $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $550,000 +6.8% $192 / Sq Ft
02/11/2023 02/11/23 For Sale $515,000 +47.1% $179 / Sq Ft
01/31/2020 01/31/20 Sold $350,000 0.0% $125 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/19/2019 11/19/19 Price Changed $350,000 -2.8% $125 / Sq Ft
09/19/2019 09/19/19 For Sale $360,000 -- $129 / 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
2023 $2,403 $350,100 $51,000 $299,100
2022 $2,216 $350,100 $0 $0
2021 $2,216 $350,100 $0 $0
2020 $2,003 $297,200 $0 $0
2019 $2,003 $297,200 $0 $0
2018 $1,914 $297,200 $0 $0
2017 $1,914 $281,200 $0 $0
2016 $1,994 $281,200 $0 $0
2015 $1,994 $281,200 $0 $0
2014 $1,994 $281,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4001322

Canopy MLS (Canopy Realtor® Association)

APN: 9676-88-4577-00000