NOT LISTED FOR SALE

23 Ivestor Gap Rd Unit 1178 Biltmore Lake, NC 28715

Estimated Value: $806,000 - $945,000

4 Beds
3 Baths
2,538 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $668,209 $263 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,102/month

37 Days on Market

Highlights

  • New Construction
  • Community Lake
  • Deck
  • Open Floorplan
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2022

New pre-construction (construction not started yet) Cottage with high end finishes including hardwood flooring in the main living areas, tile in the baths and utility room, granite in the kitchen and baths, stainless steel appliances, stone fireplace and brick paver driveway. Buyer to make selections and finishes with the Design Team. Bungalow Craftsman floorplan. Taxes not yet assessed/portion of deed book and page.

Last Agent to Sell the Property

Neil Battle

Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest License #154511 Listed on: 01/26/2021

Last Buyer's Agent

Vivian Fey

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #279583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.28

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Proposed Property

Interior Spaces

  • Open Floorplan
  • Great Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Hominy Valley/Enka Elementary School
  • Enka Middle School
  • Enka High School

Utilities

  • Zoned Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9616-05-6120-00000

Community Details

Overview

  • First Service Residential Association, Phone Number (828) 670-8293
  • Biltmore Lake Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,611

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Ratio Current Price By Acre: 2386460.71
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Proposed Completion Date: 2022-01-26
  • Road Surface Type: Brick
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Foundation Details: Basement Partially Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Open Floorplan
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1636
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck,Front
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 902
  • Fireplace Features: Great Room
  • Living Area: 2538
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Proposed
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Playground, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 455
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: First Service Residential
  • Phone: 828-670-8293
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Enka
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 9616-05-6120-00000
  • Zoning Description: RES

Tax Info

  • RATIO List Price By Tax Amount: 1.00000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Hominy Valley/Enka
  • High School: Enka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
May 11, 2022
Sold by
Biltmore Lake Llc
Bought by
Hughes Steadman C and Caldwell Kathleen H
Seller's Agent
Neil Battle
Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest
Buyer's Agent
Vivian Fey
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$636,000
Sold Price
$668,209
Premium/Discount to List
$32,209
5.06%
Current Estimated Value
$876,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,551
Avg. Annual Appreciation
8.29%
Original Mortgage
$129,850
Outstanding Balance
$93,534
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$783,226
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
Hughes Steadman C $668,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Steadman C $129,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $668,209 +5.1% $263 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $636,000 -- $251 / 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
2025 $3,611 $566,400 $86,900 $479,500
2024 $3,611 $566,400 $86,900 $479,500
2023 $3,611 $566,400 $86,900 $479,500
2022 $515 $86,900 $0 $0
2021 $515 $86,900 $0 $0
2020 $525 $82,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3702184

Canopy MLS (Canopy Realtor® Association)

APN: 9616-05-6120-00000