$218,000
SOLD JUN 18, 2020

22 Faholoa Ridge Rd Black Mountain, NC 28711

3 Beds
2 Baths
2,089 Sq Ft
1.2 Acres

Recently Sold

$104 Per Sq Ft

13% Below List Price

158 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Attached Garage
  • Private Lot
  • Wood Flooring
  • Breakfast Bar

About This Home

As of December 2022

3 bed/2 bath mountain home on private wooded lot. Features include an open/split-bedroom layout, master suite w/ deck, 2-car attached garage, and low maintenance yard. Owned by HUD. Case# 387-291683. Insured Escrow. Subject to Appraisal. Seller/listing agent makes no representations or warranties as to property condition. Sold As-Is. Equal Housing Opportunity. Seller may contribute up to 3% for buyer closing costs upon buyer request.

Last Agent to Sell the Property

Corey Adamski

Sage Realty, LLC License #236368

Last Buyer's Agent

Rachel Sudnik

GreyBeard Realty License #292562

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0617-78-0673

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.96460
  • Ratio Close Price By Original Li: 0.78136
  • Ratio Current Price By Acre: 181666.67
  • Ratio Current Price By Sq Ft: 104.36
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Microwave
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Split BR Plan
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2089
  • Total Sq Ft: 2089

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water Heater: Propane

Condo/Co-op/Association

  • Association Fee: 200.00
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Features: Private, Sloping, Wooded
  • Lot Size Area: 1.200
  • Parcel Number: 0617-78-0673
  • Zoning Specification: OTH

Tax Info

  • Tax Value: 240600.00
  • Tax Location: Buncombe

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
158
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
6.59%

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

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Chicago Title
Warranty Deed $464,000 --
Warranty Deed $218,000 None Available
Special Warranty Deed -- None Available
Trustee Deed $181,640 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,202 New Conventional
Previous Owner $252,238 FHA
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

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

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3567791

Canopy MLS (Canopy Realtor® Association)

APN: 0617-78-0673-00000