NOT LISTED FOR SALE

Estimated Value: $878,561 - $919,000

4 Beds
3.5 Baths
3,045 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $660,000 $217 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,103/month

16 Days on Market

Highlights

  • Open Floorplan
  • Arts and Crafts Architecture
  • Walk-In Closet
  • Vaulted Ceiling
  • Wood Flooring
  • Breakfast Bar

About This Home

As of March 2021

Picture perfect craftsman home in the heart of Black Mountain! Enjoy a short walk to Lake Tomahawk Park or downtown Black Mountain for dinner out! Main level features an open floorplan with soaring ceilings, kitchen with soft-close drawers and gas range, and master suite with a luxurious bathroom complete with tile shower and garden tub. Upstairs level has 2 large bedrooms and a full bath. Home was built in 2016 and has only been used as a second home (never rented). Lower level was finished later to add square footage and is an ideal AirBnb setup with a separate kitchen, laundry, and outside entrance (also accessible from inside for family or guests). There is a storage room that is perfect for bikes, kayaks, lawn equipment, etc. Two levels of covered decks and a covered front porch provide lots of outdoor living space. The back yard has privacy fencing on 2 sides and a great stone patio to enjoy an outdoor fire on cool nights. Beautiful landscaping completes this immaculate home!

Last Agent to Sell the Property

Scott Russell

Howard Hanna Beverly-Hanks Freestone Properties License #246481 Listed on: 12/31/2020

Last Buyer's Agent

Sunday Grant

GreyBeard Realty License #290391

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 8,276

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Built by Swann

Listing and Financial Details

  • Assessor Parcel Number 0619-18-7132-00000

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97202
  • Ratio Close Price By Original Li: 0.97202
  • Ratio Current Price By Acre: 3473684.21
  • Ratio Current Price By Sq Ft: 216.75
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 656
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Convection Oven, Dishwasher, Gas Range, Refrigerator
  • Fireplace Description: Gas Logs, Gas Unvented, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Basement, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Interior Connected, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters
  • Sq Ft Basement: 1127
  • Main Level Sq Ft: 1262
  • Total Sq Ft: 3045
  • Sq Ft Unheated Basement: 135
  • Sq Ft Unheated Total: 135

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: Public Sewer
  • Water: City Water
  • Water Heater: Natural Gas, g-On-Demand Water Heater

Lot Info

  • Parcel Number: 0619-18-7132-00000
  • Plat Book Slide: 148/74
  • Zoning Specification: UR-8

Building Info

  • Builder Name: Swann

Tax Info

  • Tax Value: 449000.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Feb 25, 2021
Sold by
Powell Lawrence and Powell Susan L
Bought by
Menendez Catherine and Menendez John M
Seller's Agent
Scott Russell
Howard Hanna Beverly-Hanks Freestone Properties
Buyer's Agent
Sunday Grant
GreyBeard Realty
List Price
$679,000
Sold Price
$660,000
Premium/Discount to List
-$19,000
-2.8%
Current Estimated Value
$900,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,140
Avg. Annual Appreciation
6.51%
Original Mortgage
$548,000
Outstanding Balance
$491,243
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$408,897

Purchase Details

Listed on
Sep 1, 2015
Closed on
Mar 8, 2016
Sold by
T & M Property Managemet Llc
Bought by
Powell Lawrence and Powell Susan L
Seller's Agent
Maureen Swann
Nest Realty Asheville
Buyer's Agent
Megan Shook
Mosaic Community Lifestyle Realty
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$140,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 1, 2015
Closed on
Feb 2, 2016
Sold by
T & M Property Management Llc
Bought by
N A S Construction Co
Seller's Agent
Maureen Swann
Nest Realty Asheville
Buyer's Agent
Megan Shook
Mosaic Community Lifestyle Realty
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menendez Catherine $660,000 None Available
Powell Lawrence $370,000 None Available
N A S Construction Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menendez Catherine $548,000
Previous Owner Powell Lawrence $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2021 03/03/21 Sold $660,000 -2.8% $217 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $679,000 +83.5% $223 / Sq Ft
03/08/2016 03/08/16 Sold $370,000 -5.1% $204 / Sq Ft View Prior Sale
02/02/2016 02/02/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $389,900 -- $215 / 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
2025 $5,086 $604,900 $86,300 $518,600
2024 $5,086 $604,900 $86,300 $518,600
2023 $5,086 $604,900 $86,300 $518,600
2022 $4,803 $604,900 $0 $0
2021 $4,704 $592,400 $0 $0
2020 $3,868 $449,000 $0 $0
2019 $3,868 $449,000 $0 $0
2018 $3,868 $449,000 $0 $0
2017 $3,081 $54,900 $0 $0
2016 $537 $54,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3694389

Canopy MLS (Canopy Realtor® Association)

APN: 0619-18-7132-00000