NOT LISTED FOR SALE

23 Cottage Settings Unit 53 Black Mountain, NC 28711

Estimated Value: $86,659 - $426,000

0.27 Acre
$659,870 Price per Acre
11,761 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $55,000

Est. 224% increase in value since last sale

Current estimated payment $1,080/month

28 Days on Market

Highlights

  • Gated Community
  • Community Playground
  • Level Lot
  • Clubhouse
  • Trails

About This Lot

As of June 2020

Desirable building lot in the Settings of Black Mountain with breathtaking views to the north. This is a very level building lot within walking distance to the the clubhouse. Enjoy the privacy offered by this gated community yet only 2 miles from downtown. All utilities are underground at the street. The community has access to great hiking trails or just stroll around on the many sidewalks. If you are looking for a reasonable lot to build on in a great community this is the property for you.

Last Agent to Sell the Property

Bob Sadlemire

Howard Hanna Beverly-Hanks Freestone Properties License #295811 Listed on: 05/28/2020

Last Buyer's Agent

Bob Sadlemire

Howard Hanna Beverly-Hanks Freestone Properties License #295811 Listed on: 05/28/2020

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Open Lot

HOA Fees

  • $104 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 0618-48-2032-00000

Community Details

Recreation

  • Community Playground
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.91820
  • Ratio Close Price By Original Li: 0.91820
  • Ratio Current Price By Acre: 203703.70
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Playground, Walking Trails
  • Association Fee: 1250.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Long Range View, Mountain View, Open Lot
  • Lot Size Area: 0.270
  • Parcel Number: 0618-48-2032-00000
  • Zoning Specification: Res

Tax Info

  • Tax Value: 49400.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 30, 2020
Sold by
Vickers James T
Bought by
Metro Robert S and Metro Sarah C
Seller's Agent
Bob Sadlemire
Howard Hanna Beverly-Hanks Freestone Properties
Buyer's Agent
Bob Sadlemire
Howard Hanna Beverly-Hanks Freestone Properties
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$178,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,165
Avg. Annual Appreciation
24.78%

Purchase Details

Closed on
Jan 25, 2019
Sold by
Gill Russell E and Gill Wendy H
Bought by
Vickers James T

Purchase Details

Closed on
Feb 16, 2018
Sold by
American Ira Llc
Bought by
Gill Russell E and Gill Wendy H

Purchase Details

Closed on
Mar 13, 2014
Sold by
Spangard Robert D and Spangard Evelyn D
Bought by
American Ira Llc and Monte L Hutchins Roth Ira

Purchase Details

Closed on
May 13, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Spangard Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,519
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Metro Robert S $55,000 None Available
Vickers James T $55,000 None Available
Gill Russell E $53,000 None Available
American Ira Llc $23,500 None Available
Spangard Robert D $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spangard Robert D $129,519
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $55,000 -8.2% --
06/25/2020 06/25/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $59,900 -- --
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 $414 $49,400 $49,400 --
2024 $414 $49,400 $49,400 --
2023 $414 $49,400 $49,400 $0
2022 $392 $49,400 $0 $0
2021 $392 $49,400 $0 $0
2020 $426 $49,400 $0 $0
2019 $426 $49,400 $0 $0
2018 $426 $49,400 $0 $0
2017 $0 $32,900 $0 $0
2016 $322 $32,900 $0 $0
2015 $322 $32,900 $0 $0
2014 $322 $32,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3624696

Canopy MLS (Canopy Realtor® Association)

APN: 0618-48-2032-00000