NOT LISTED FOR SALE

2247 Creston Dr Unit T-19 Black Mountain, NC 28711

Estimated Value: $1,219,000 - $1,616,674

2.12 Acres
$668,791 Price per Acre
92,347 Sq Ft Lot

Last Sold August 15, 2016

Last sale price $100,000

Est. 1,318% increase in value since last sale

Current estimated payment $8,584/month

233 Days on Market

Highlights

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

About This Lot

As of August 2016

Outstanding and easily buildable lot in well established Creston Development located just 14 minutes outside Black Mountain. This property is on a gentle high ridge with excellent long range views to the east and south. Very gentle topography. Drive right on. Well already in place. Located close to the mountaintop clubhouse and surrounded by high quality homes. Creston features high speed internet, gated entrance, parks, trails, clubhouse, paved roads.

Last Agent to Sell the Property

John Haynes

Retreat Realty, Ltd. License #167245 Listed on: 12/04/2015

Retreat Realty, Ltd.

Last Buyer's Agent

Lisa Jackson

Asheville Realty Group License #258218

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $198 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number 0638-00-94-9159

Community Details

Overview

  • Ipm, Inc. Association, Phone Number (828) 650-6875

Recreation

  • Community Playground
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.80000
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Acre: 47169.81
  • Special Assessment Description: Call Listing Agent
  • Special Assessment Yn: Yes
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Single Family Dwelling
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Crawl Space
  • H O A Management Phone: 828-650-6875

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Playground, Walking Trails
  • Association Fee: 2371.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM, Inc.
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved Frontage, Sloping, Views, Wooded, Year Round View
  • Lot Size Area: 2.120
  • Parcel Number: 0638-00-94-9159
  • Plat Book Slide: 11/69
  • Plat Reference Section Pages: 122

Tax Info

  • Tax Value: 225000.00
  • Tax Amount Ncm: 1417.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Aug 11, 2016
Sold by
Riner Wade and Riner Tonya
Bought by
Dinsmore Richard and Dinsmore Cheri
Seller's Agent
John Haynes
Retreat Realty, Ltd.
Buyer's Agent
Lisa Jackson
Asheville Realty Group
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Current Estimated Value
$1,417,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,317,837
Avg. Annual Appreciation
36.17%

Purchase Details

Closed on
May 21, 2015
Sold by
Bank Of America Na
Bought by
Riner Wade

Purchase Details

Closed on
Nov 13, 2013
Sold by
Martin Howard C and Martin Ann R
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 1, 2007
Sold by
Mahaffy Kenneth E and Mahaffy Betty W
Bought by
Martin Howard C and Martin Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2005
Sold by
Creston Development Llc
Bought by
Mahaffy Kenneth E and Mahaffy Betty W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Dinsmore Richard $100,000 None Available
Riner Wade $16,750 None Available
Bank Of America Na $178,000 None Available
Martin Howard C $190,000 None Available
Mahaffy Kenneth E $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinsmore Richard $250,000
Open Dinsmore Richard L $811,000
Previous Owner Martin Howard C $180,500
Previous Owner Mahaffy Kenneth E $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $100,000 -20.0% --
07/24/2016 07/24/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $125,000 -- --
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
2024 $7,927 $1,169,240 $175,000 $994,240
2023 $7,927 $1,169,240 $175,000 $994,240
2022 $5,855 $851,040 $140,000 $711,040
2021 $5,855 $851,040 $140,000 $711,040
2020 $5,940 $851,040 $0 $0
2019 $5,940 $0 $0 $0
2017 $1,441 $225,000 $0 $0
2016 $1,441 $0 $0 $0
2014 $1,372 $225,000 $225,000 $0
2013 -- $225,000 $225,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3132892

Canopy MLS (Canopy Realtor® Association)

APN: 0638-00-94-9159