NOT LISTED FOR SALE

232 Chestnut Forest Rd Unit 420 Fairview, NC 28730

Estimated Value: $713,800 - $839,000

3.18 Acres
$238,029 Price per Acre
138,521 Sq Ft Lot

Last Sold March 18, 2020

Last sale price $62,500

Est. 1,093% increase in value since last sale

Current estimated payment $4,186/month

450 Days on Market

Highlights

  • Clubhouse
  • Wooded Lot
  • Trails
  • Fairview Elementary School Rated A-
  • Recreation Facilities
  • Open Lot

About This Lot

As of March 2020

Exceptional view lot in established subdivision primed for building your dream home. Gently sloping with many improvements already in place including the clearing for the house site, a 4 bedroom septic system and a driveway. Easy access via well maintained paved roads only 20 minutes from Asheville. Lot is at the end of Chestnut Forest Road on a cul-de-sac offering peace and quietness. Fairview Forest is a pristine private 700+ acre community w/ a wonderful clubhouse and hiking trails surrounded by mountain laurels, rhododendrons, wildlife & native birds. Drive by & take a look today or contact the listing agent to set up a private showing.

Last Agent to Sell the Property

Wes Hight

Howard Hanna Beverly-Hanks Fletcher License #257341 Listed on: 11/20/2018

Last Buyer's Agent

Kevin Scarmack

Mountain Oak Properties LLC License #238363

Property Details

Property Type

  • Land

Lot Details

  • Open Lot
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9687-55-4236-00000

Community Details

Overview

  • Rob Greene Association, Phone Number (615) 519-6372

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.84459
  • Ratio Close Price By Original Li: 0.69522
  • Ratio Current Price By Acre: 19654.09
  • Restrictions: Architectural Review
  • Special Features: None

Interior Features

  • H O A Management Phone: 615-519-6372

Utilities

  • Sewer: Septic Installed
  • Water: Well Installed

Condo/Co-op/Association

  • Community Features: Club House, Recreation Area, Walking Trails
  • Association Fee: 698.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Rob Greene
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Long Range View, Mountain View, Open Lot, Sloping, Winter View, Wooded
  • Parcel Number: 9687-55-4236-00000
  • Zoning Specification: RES

Tax Info

  • Tax Value: 52100.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Mar 13, 2020
Sold by
Shulby Ronald Christopher
Bought by
Masiello Michael and Masiello Nadine
Seller's Agent
Wes Hight
Howard Hanna Beverly-Hanks Fletcher
Buyer's Agent
Kevin Scarmack
Mountain Oak Properties LLC
List Price
$89,900
Sold Price
$62,500
Premium/Discount to List
-$27,400
-30.48%
Current Estimated Value
$745,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,056
Avg. Annual Appreciation
53.39%
Original Mortgage
$46,875
Outstanding Balance
$41,435
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$715,498

Purchase Details

Closed on
Dec 13, 2018
Sold by
Shulby Ronald Christopher and Black Luanne M
Bought by
Shulby Ronald Christopher

Purchase Details

Closed on
Jul 18, 2018
Sold by
Shulby Ronald Christopher
Bought by
Shulby Ronald Christopher and Black Luanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2018
Sold by
Page Rodney and Page Maribel K
Bought by
Shulby Ronald C and Black Luanne M

Purchase Details

Closed on
Apr 16, 2007
Sold by
Besecker Charles D and Besecker Demaris C
Bought by
Page Rodney

Purchase Details

Closed on
Oct 18, 2005
Sold by
Hunt Weir Paul D and Hunt Weir Susan
Bought by
Besecker Charles D and Besecker Demaris C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Masiello Michael $62,500 None Available
Shulby Ronald Christopher -- None Available
Shulby Ronald Christopher -- None Available
Shulby Ronald Christopher -- None Available
Shulby Ronald C $63,000 None Available
Page Rodney $68,500 None Available
Besecker Charles D $40,000 Title Company North Carolina
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masiello Michael $46,875
Previous Owner Shulby Ronald Christopher $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2020 03/18/20 Sold $62,500 -15.5% --
02/13/2020 02/13/20 Pending -- -- --
10/09/2019 10/09/19 Price Changed $74,000 -1.3% --
09/05/2019 09/05/19 Price Changed $75,000 -14.7% --
04/12/2019 04/12/19 Price Changed $87,900 -2.2% --
11/20/2018 11/20/18 For Sale $89,900 -- --
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 $2,748 $405,600 $59,900 $345,700
2024 $2,748 $405,600 $59,900 $345,700
2023 $2,748 $405,600 $59,900 $345,700
2022 $1,255 $198,200 $0 $0
2021 $379 $59,900 $0 $0
2020 $351 $52,100 $0 $0
2019 $351 $52,100 $0 $0
2018 $336 $52,100 $0 $0
2017 $336 $52,100 $0 $0
2016 $369 $52,100 $0 $0
2015 $369 $52,100 $0 $0
2014 $369 $52,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3454033

Canopy MLS (Canopy Realtor® Association)

APN: 9687-55-4236-00000