NOT LISTED FOR SALE

21 Settings Blvd Black Mountain, NC 28711

Estimated Value: $42,000 - $710,000

0.21 Acre
$1,288,890 Price per Acre
9,148 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $31,000

Est. 773% increase in value since last sale

Current estimated payment $1,795/month

143 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Trails
  • Clubhouse
  • Community Playground

About This Lot

As of July 2022

Great opportunity to purchase a cottage lot in Black Mountain's premier Gated community, The Settings of Black Mountain. The community offers underground utilities including fiber optics, beautiful clubhouse, sidewalks, walking/hiking trails, playground and a gated entrance. Lot 40 is a cottage lot, 1,200 sqft min. to build, situated close to the entrance and only 5 minutes to downtown Black Mountains and 20 minutes to Asheville.

Last Agent to Sell the Property

Rhett McCary

Keller Williams - Black Mtn. License #273286 Listed on: 03/01/2022

Keller Williams - Black Mtn.

Last Buyer's Agent

Suzanne Fitzgerald

Keller Williams Professionals License #290650

Keller Williams Professionals

Property Details

Property Type

  • Land

Lot Details

  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential

HOA Fees

  • $108 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 0618-47-8383-00000
  • Tax Block 163

Community Details

Overview

  • First Service Residential Association, Phone Number (855) 546-9462
  • The Settings Of Black Mountain Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 147619.05
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Paved Road, Private Maintained Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Black Mountain
  • Construction Type: Site Built

Utilities

  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Playground, Sidewalks, Walking Trails
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: First Service Residential
  • Phone: (855)546-9462
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Sloped, Wooded, Views, Winter View
  • Lot Size Units: Acres
  • Parcel Number: 0618-47-8383-00000
  • Out Buildings Yn: 0
  • Plat Book Slide: 96
  • Can Be Subdivided: 0
  • Zoning Description: Res

Tax Info

  • Tax Block: 163
  • RATIO List Price By Tax Amount: 0.48883

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Summers Kathy A
Bought by
Menendez Robert and Menendez Eileen
Current Estimated Value
$270,667

Purchase Details

Listed on
Mar 1, 2022
Closed on
Jul 21, 2022
Sold by
Settings Of Black Mountain Association I
Bought by
Summers Kathy A
Seller's Agent
Rhett McCary
Keller Williams - Black Mtn.
Buyer's Agent
Suzanne Fitzgerald
Keller Williams Professionals
List Price
$44,000
Sold Price
$31,000
Premium/Discount to List
-$13,000
-29.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.06%

Purchase Details

Closed on
Sep 27, 2021
Sold by
Albert Gary
Bought by
Settings Of Black Mountain Assn Inc

Purchase Details

Closed on
May 23, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Albert Cary and Albert Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Menendez Robert $34,000 None Listed On Document
Summers Kathy A $31,000 None Listed On Document
Settings Of Black Mountain Assn Inc $44,000 None Available
Settings Of Black Mountain Association Inc -- None Listed On Document
Albert Cary $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albert Cary $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $31,000 -11.4% --
04/01/2022 04/01/22 Price Changed $35,000 -20.5% --
03/01/2022 03/01/22 For Sale $44,000 -- --
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
2025 -- $71,600 $71,600 --
2024 -- $71,600 $71,600 --
2023 -- $71,600 $71,600 --
2022 $569 $71,600 $0 $0
2021 $504 $71,600 $0 $0
2020 $617 $71,600 $0 $0
2019 $617 $71,600 $0 $0
2018 $617 $71,600 $0 $0
2017 $624 $55,700 $0 $0
2016 $545 $55,700 $0 $0
2015 $545 $55,700 $0 $0
2014 $545 $55,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3834392

Canopy MLS (Canopy Realtor® Association)

APN: 0618-47-8383-00000