NOT LISTED FOR SALE

224 Fern Grove Ct Unit 419 Asheville, NC 28803

Estimated Value: $4,288,218 - $4,512,000

0.88 Acre
$5,061,142 Price per Acre
38,333 Sq Ft Lot

Last Sold December 23, 2019

Last sale price $390,000

Est. 1,042% increase in value since last sale

Current estimated payment $25,195/month

512 Days on Market

Highlights

  • Gated Community
  • Pond
  • Community Pool
  • William W. Estes Elementary School Rated A-
  • Wooded Lot
  • Tennis Courts

About This Lot

As of December 2019

Exciting new release of homesites in The Ramble Biltmore Forest, a gated community on pristine property that was formerly part of the Biltmore Estate®. The Ramble offers homesites in a community that focuses on high levels of architectural detail to those who appreciate not only fine homes, but a lovely home setting in a natural wooded environment. Community amenities include miles of hiking trails, parks, Living Well Center complete with outdoor heated saline swimming pool, tennis, bocci and pickleball courts, fitness center, and more. Additional homesites are available. Taxes TBD.

Last Agent to Sell the Property

Mark Taylor

Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest License #211994 Listed on: 05/25/2018

Last Buyer's Agent

Mark Taylor

Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest License #211994 Listed on: 05/25/2018

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot

HOA Fees

  • $381 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9645-38-8503
  • Tax Block F

Community Details

Overview

  • First Service Residential Association, Phone Number (828) 277-6675

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails
  • Pond

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 443181.82
  • Restrictions: Architectural Review, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: (828) 277-6675

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Playground, Pond, Outdoor Pool, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 381.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: First Service Residential
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Estes/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.880
  • Parcel Number: 9645-38-8503
  • Zoning Specification: R-1
  • Plat Book Slide: 0191 / 0165
  • Plat Reference Section Pages: 521

Tax Info

  • Tax Value: 9999999.00
  • Tax Amount Ncm: 1564.00
  • Tax Block: F
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Peter A Ritcher Revocable Trust and Karen M Ritcher Revocable Trust
Bought by
Rivers John T and Rivers Monica D
Current Estimated Value
$4,453,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Outstanding Balance
$3,143,713
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,310,092

Purchase Details

Closed on
Mar 2, 2023
Sold by
Ritcher Peter A and Ritcher Karen M
Bought by
Peter A Ritcher Revocable Trust and Karen M Ritcher Revocable Trust
Source: Public Records

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 Buyer Sale Price Title Company
Rivers John T $4,500,000 None Listed On Document
Peter A Ritcher Revocable Trust -- --
Ritcher Peter A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivers John T $3,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $390,000 0.0% --
10/19/2019 10/19/19 Pending -- -- --
05/25/2018 05/25/18 For Sale $390,000 -- --
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 $14,413 $2,519,700 $409,000 $2,110,700
2024 $14,413 $2,341,300 $409,000 $1,932,300
2023 $14,413 $2,470,900 $409,000 $2,061,900
2022 $11,002 $1,877,500 $409,000 $1,468,500
2021 $2,397 $409,000 $0 $0
2020 $2,577 $409,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3393704

Canopy MLS (Canopy Realtor® Association)

APN: 9645-38-8582-00000