NOT LISTED FOR SALE

22 Faholoa Ridge Rd Black Mountain, NC 28711

Estimated Value: $507,000 - $584,477

3 Beds
2 Baths
2,073 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $464,000 $224 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,251/month

6 Days on Market

Highlights

  • 1.2 Acre Lot
  • Mountain View
  • Hilly Lot
  • Open Floorplan
  • Deck
  • Living Room with Fireplace

About This Home

As of December 2022

A scenic 12 minute drive from downtown Black Mountain and I40 is the perfect home for someone wanting the privacy of the mountains with easy access to all the conveniences of town. This custom built home welcomes you with vaulted ceilings, an open floor plan, and beautiful continuous hardwood flooring. The split bedroom plan has two bedrooms and an office on one side of the large living room and a spacious primary suite on the other. The primary has private access to a large deck, a double headed walk-in shower, two walk-in closets, and a garden tub. Kitchen appliances have all been updated in the last three years. Huge attached garage fits two large cars and a workshop! Sit out back around the fire-pit, garden in the new raised beds, then go clean up knowing the on-demand water heater will keep your shower hot. Ask your agent about items that seller is also offering like the dining room table set and the desk that fits just right in the office.

Last Listed By

Rachel Sudnik

GreyBeard Realty Brokerage Email: rachelsudnik@greybeardrealty.com License #292562 Listed on: 10/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 2008

Lot Details

  • 1.2 Acre Lot
  • Level Lot
  • Hilly Lot
  • Wooded Lot
  • Property is zoned OU

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • 4 Open Parking Spaces

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,073 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Rear Porch

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank

Community Details

  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 0617-78-0673-00000
  • Tax Block 0174

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 2008

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 223.83
  • Attribution Contact: rachelsudnik@greybeardrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2073
  • 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, Double Oven, Dryer, Gas Range, Propane Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Above Grade Finished Sq Ft: 2073
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning Stove
  • Living Area: 2073
  • Bedroom Main: 3
  • Room Count: 10
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Mountain(s), Winter
  • Exclusions: Only mirrors staying are the bathroom sink mirrors.
  • Waterfront Elevation: 2000
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 780
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Garage, Garage Door Opener, Garage Shop, Parking Space(s)

Utilities

  • Heating: Heat Pump, Propane, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Heat Pump
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: alansibley@33faholoaridgerd.com

Association/Amenities

  • Association Annual Expense: 250.00

Schools

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

Lot Info

  • Lot Features: Hilly, Level, Steep Slope, Wooded, Views
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Parcel Number: 0617-78-0673-00000
  • Zoning: OU
  • Plat Book Slide: 0133
  • Development Status: Completed
  • Lot Size Acres: 1.2
  • Lot Size Sq Ft: 52272
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Tax Info

  • Tax Block: 0174

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2024
Sold by
Lynch Alan Craig and Reeves Anne Brownwell
Bought by
Alan C Lynch And Anne B Reeves Revocable Trus and Lynch
Total Days on Market
6
Current Estimated Value
$542,869

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 30, 2022
Sold by
Barnes Caroline Gail and Barnes Raymond Lamar
Bought by
Lynch Alan Craig and Reeves Anne Brownell
Seller's Agent
Rachel Sudnik
GreyBeard Realty
Buyer's Agent
Toni Ewing
Asheville Crafted Real Estate, LLC
List Price
$450,000
Sold Price
$464,000
Premium/Discount to List
$14,000
3.11%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
Nov 9, 2019
Closed on
Jun 17, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Barnes Caroline Gail and Overstreet Raymond Lamar
Seller's Agent
Corey Adamski
Sage Realty, LLC
Buyer's Agent
Rachel Sudnik
GreyBeard Realty
List Price
$251,100
Sold Price
$218,000
Premium/Discount to List
-$33,100
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.11%
Original Mortgage
$220,202
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2019
Sold by
Newrez Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 6, 2019
Sold by
East Darrel Wayne and East Candace A
Bought by
Newrez Llc and New Penn Financial Llc

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
Alan C Lynch And Anne B Reeves Revocable Trus -- Chicago Title
Lynch Alan Craig $464,000 --
Barnes Caroline Gail $218,000 None Available
Secretary Of Housing & Urban Development -- None Available
Newrez Llc $181,640 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Caroline Gail $220,202
Previous Owner East Darrel Wayne $252,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $464,000 +3.1% $224 / Sq Ft
10/21/2022 10/21/22 For Sale $450,000 +106.4% $217 / Sq Ft
06/18/2020 06/18/20 Sold $218,000 -3.5% $104 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/01/2020 04/01/20 Price Changed $226,000 -10.0% $108 / Sq Ft
03/09/2020 03/09/20 For Sale $251,100 0.0% $120 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $251,100 0.0% $120 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $251,100 -10.0% $120 / Sq Ft
11/09/2019 11/09/19 For Sale $279,000 -- $134 / 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 $2,640 $402,400 $26,900 $375,500
2022 $2,058 $328,600 $26,900 $301,700
2021 $2,058 $328,600 $0 $0
2020 $1,655 $243,800 $0 $0
2019 $1,634 $240,600 $0 $0
2018 $1,634 $240,600 $0 $0
2017 $1,658 $212,100 $0 $0
2016 $1,599 $212,100 $0 $0
2015 $1,599 $212,100 $0 $0
2014 $1,578 $212,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3916409

Canopy MLS (Canopy Realtor® Association)

APN: 0617-78-0673-00000