NOT LISTED FOR SALE

237 White Rapid Rd Marshall, NC 28753

Estimated Value: $705,000 - $1,673,000

2.37 Acres
$489,886 Price per Acre
103,237 Sq Ft Lot

Last Sold August 02, 2020

Last sale price $205,000

Est. 466% increase in value since last sale

Current estimated payment $6,634/month

4 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Wooded Lot
  • Madison Middle School Rated A-
  • Clubhouse
  • Community Pool

About This Lot

As of August 2020

Dreaming of owning an incredible homesite overlooking the French Broad River with sweeping mountain views? You found it! We've already cleared the site and opened the views of the mountains and river for you. Imagine crafting your home on this site and sitting on your back deck, listening to the sounds of the river rushing over the rocks below. You can have it here, all within the private gated community of French Broad Crossing, about 30 minutes from downtown Asheville and close to Marshall and Weaverville. Enjoy completed amenities within the community including The River Lodge with Fitness Center, Pool and Hot Tub, River Park with direct access to the French Broad River, Tree House Park, Community Garden and miles of Hiking and ATV Trails. All roads within the community are receiving fresh pavement along with fiber optic cable to all homes. You'll also enjoy reciprocal member privileges at The Preserve at Little Pine with an Equestrian Center and Mountain Lodge.

Last Agent to Sell the Property

Bruce Fine

Collins & Fine Group License #218630 Listed on: 02/08/2020

Last Buyer's Agent

Amy Wilson

Homespun Investment Realty Inc License #272387

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot
  • Many Trees

HOA Fees

  • $192 Monthly HOA Fees

Utilities

  • Septic Needed
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 8789-32-6300

Community Details

Overview

  • French Broad Crossing HOA, Phone Number (828) 450-4787

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.82000
  • Ratio Close Price By Original Li: 0.82000
  • Ratio Current Price By Acre: 86497.89
  • Restrictions: Architectural Review
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • H O A Management Phone: 8284504787

Exterior Features

  • Exterior Features: Wired Internet Available

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Hot Tub, Outdoor Pool, Recreation Area, Security, Walking Trails
  • Association Fee: 2300.00
  • Association Fee Frequency: Annually
  • HOA Management Company: French Broad Crossing HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved Frontage, Sloping, Trees, Views, Wooded, Year Round View
  • Parcel Number: 8789-32-6300
  • Zoning Specification: R-A

Tax Info

  • Tax Value: 150000.00
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Jul 29, 2020
Sold by
River Club Investors Llc
Bought by
Conrad Kelly E
Seller's Agent
Bruce Fine
Collins & Fine Group
Buyer's Agent
Amy Wilson
Homespun Investment Realty Inc
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Current Estimated Value
$1,161,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956,030
Avg. Annual Appreciation
37.79%
Original Mortgage
$900,000
Outstanding Balance
$799,837
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$361,193

Purchase Details

Closed on
Dec 23, 2014
Sold by
River Club Investors Llc
Bought by
River Club Holdings Llc
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
Conrad Kelly E $205,000 None Available
River Club Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conrad Kelly E $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2020 08/02/20 Sold $205,000 -18.0% --
02/12/2020 02/12/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $250,000 -- --
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 $4,302 $896,030 $165,000 $731,030
2023 $5,072 $815,334 $152,625 $662,709
2022 $5,072 $452,625 $152,625 $300,000
2021 $916 $152,625 $152,625 $0
2020 $916 $152,625 $152,625 $0
2019 $975 $150,000 $150,000 $0
2018 $930 $0 $0 $0
2017 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3504064

Canopy MLS (Canopy Realtor® Association)

APN: 8789-41-0394