NOT LISTED FOR SALE

226 Gravely Branch Rd Fletcher, NC 28732

Estimated Value: $1,302,000 - $2,040,321

18 Acres
$88,663 Price per Acre
794,839 Sq Ft Lot

Last Sold April 12, 2018

Last sale price $877,000 $292 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $9,527/month

115 Days on Market

Highlights

  • Barn
  • Waterfront
  • Mountain View
  • Fairview Elementary School Rated A-
  • 18.25 Acre Lot
  • Deck

About This Lot

As of April 2018

This well-built home w/ 3 bay garage sits on a beautiful private knoll with grand views overlooking the Cane Creek Valley. The home is solid and ready for cosmetic rehab. The home sits above the groomed fenced pasture which Gravely Branch flowing thru it. There is a large sturdy pole barn. The home is solid and ready for a new owner’s cosmetic upgrades. This location is in the desirable Fairview just 22 minutes SE of Asheville and 45 minutes north of the Tryon Equestrian Center.

Last Listed By

Bill Palas

Appalachian Realty Associates Brokerage Email: bpalas@bellsouth.net License #77873 Listed on: 10/31/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,669

Year Built

  • 1972

Lot Details

  • 18.25 Acre Lot
  • Waterfront
  • Property fronts a state road
  • Barbed Wire
  • Private Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Possible uses of the property include Cattle, Farm, Gardening, Horses, Pasture/Grazing, Private Estate, Residential
  • Property is zoned OU, Farms

Schools

  • Fairview Elementary School
  • Cane Creek Middle School
  • Ac Reynolds High School

Farming

  • Barn
  • Pasture

Additional Features

  • Mountain Views
  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9674-49-7475-00000
  • Tax Block 3

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails
  • Access to stream, creek or river
  • Deck
  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$5,669

Year Built

1972

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Farm
  • Habitable Residence Yn: Yes
  • Restrictions: Manufactured Home Not Allowed
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: bpalas@bellsouth.net
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Foundation Details: Crawl Space
  • Possible Use: Cattle, Farm, Gardening, Horses, Pasture/Grazing, Private Estate, Residential
  • Room Count: 0

Exterior Features

  • Construction Type: Site Built
  • Road Frontage: 45
  • Fencing: Barbed Wire, Fenced
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 2000
  • Other Structures: Barn(s), House-As Is, Shed(s), Workshop, Other - See Remarks
  • Patio And Porch Features: Deck

Utilities

  • Sewer: Septic Installed
  • Utilities: Electricity Connected, Phone Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: None

Lot Info

  • Lot Features: Creek Front, Level, Open Lot, Pasture, Paved, Private, Sloped, Creek/Stream, Wooded, Views, Waterfront
  • Lot Size Area: 18.247
  • Lot Size Units: Acres
  • Parcel Number: 9674-49-7475-00000
  • Zoning: OU
  • Plat Book Slide: 160/55
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 0003
  • Cleared Acres: 10.00
  • Lot Size Acres: 18.247
  • Lot Size: irregular
  • Lot Size Sq Ft: 794839
  • Wooded Area: 8
  • Zoning Description: Farms
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 1

Tax Info

  • Tax Block: 3

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Dumont Woods Llc
Bought by
Dumont Woods Llc
Total Days on Market
115
Current Estimated Value
$1,617,830

Purchase Details

Closed on
Oct 25, 2018
Sold by
Dement Joseph M and Dement Patricia B
Bought by
Dumont Woods Llc

Purchase Details

Listed on
Oct 31, 2017
Closed on
Apr 12, 2018
Sold by
Boring Hoosier Elizabeth Catherine and Hoosier Kerry
Bought by
Dement Joseph M and Dement Patricia B
Seller's Agent
Bill Palas
Appalachian Realty Associates
Buyer's Agent
Sirena Squires
Appalachian Realty Associates
List Price
$877,000
Sold Price
$877,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$464,810
Interest Rate
4.43%
Mortgage Type
New Conventional

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
Dumont Woods Llc -- --
Dumont Woods Llc -- None Available
Dumont Woods Llc -- None Available
Dement Joseph M $877,000 None Available
Dement Joseph M $71,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dement Joseph M $464,810
Previous Owner Boring James D $109,915
Previous Owner Boring James D $192,000
Previous Owner Boring James D $150,000
Previous Owner Boring James D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $877,000 0.0% $327 / Sq Ft
04/12/2018 04/12/18 Sold $877,000 0.0% $292 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/23/2018 02/23/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $877,000 0.0% $292 / Sq Ft
06/08/2017 06/08/17 For Sale $877,000 -- $327 / 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
2024 $5,669 $1,160,600 $753,300 $407,300
2023 $5,669 $881,700 $474,400 $407,300
2022 $5,581 $881,700 $0 $0
2021 $5,581 $881,700 $0 $0
2020 $5,186 $769,500 $0 $0
2019 $5,186 $769,500 $0 $0
2018 $4,956 $769,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3334799

Canopy MLS (Canopy Realtor® Association)

APN: 9674-49-9635-00000