NOT LISTED FOR SALE

Estimated Value: $1,692,874 - $2,015,000

3 Beds
4.5 Baths
3,970 Sq Ft
$460/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $1,735,000 $437 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,610/month

16 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Contemporary Architecture
  • Asheville High Rated A-
  • Deck
  • Private Lot

About This Home

As of March 2024

Experience breathtaking mountain views from this contemporary home featuring many outdoor living areas that enhance the essence of mountain living. The home sits just above Town Mountain Road & the Blue Ridge Parkway with downtown Asheville just 6 miles away. The 4-level home with an elevator provides adaptable living spaces to suit many lifestyles. The main level has an open living space for entertaining, featuring a gourmet kitchen, a cozy fireplace, & mountain views accessible from a wrap-around deck & screened-in porch. Additionally, the main level includes a two-car garage & a practical mudroom/butler's pantry. The middle levels showcase three bedrooms, each with its ensuite, a den, two laundry areas, & an additional garage/workshop. The lowest level, currently is an In-Law Suite with a kitchenette. All levels have lofty ceilings, expansive doors, & abundant natural light. This home provides everything needed to enjoy our mountain lifestyle. Photos have information on the levels.

Last Agent to Sell the Property

Kelly Erin-Spinney

Keller Williams Professionals Brokerage Email: hello@modernasheville.com License #266701 Listed on: 01/26/2024

Keller Williams Professionals

Co-Listed By

Troy Winterrowd

Keller Williams Professionals Brokerage Email: hello@modernasheville.com License #258699

Last Buyer's Agent

Liz Asbury

Premier Sotheby’s International Realty License #276527

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,283

Year Built

  • Built in 2006

Lot Details

  • Private Lot
  • Steep Slope
  • Wooded Lot
  • Property is zoned RES>3 Ac

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Modern Architecture
  • Wood Siding
  • Radon Mitigation System

Interior Spaces

  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Central Vacuum
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Screened Porch
  • Mountain Views
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Apartment Living Space in Basement
  • Natural lighting in basement

Outdoor Features

  • Deck

Schools

  • Asheville City Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Cooling System Powered By Gas
  • Heat Pump System
  • Heating System Uses Propane
  • Power Generator
  • Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • Peach Knob Meadows Road Maintenance Association
  • Peach Knob Meadows Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 976016722500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,283

Year Built

Built in 2006

Lot Details

0

HOA Fees

$71 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Modern, Transitional
  • Year Built: 2006
  • Restrictions: Architectural Review,Manufactured Home Not Allowed
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 437.03
  • Property Sub Type Additional: None
  • Bedroom Lower: 3
  • Geocode Confidence: High
  • Attribution Contact: hello@modernasheville.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Central Vacuum, Elevator, Kitchen Island, Open Floorplan, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 2240
  • Main Level Sq Ft: 922
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal
  • Other Equipment: Fuel Tank(s), Generator
  • Above Grade Finished Sq Ft: 3162
  • Has Basement: Apartment, Daylight, Exterior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 808
  • Fireplace Features: Gas, Wood Burning
  • Living Area: 3970
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 7
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 3000
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck, Rear Porch, Screened, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1160
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Garage Shop

Utilities

  • Heating: Heat Pump, Propane, Radiant Floor
  • Sewer: Septic Installed
  • Laundry Features: Inside, Multiple Locations
  • Security: Radon Mitigation System
  • Cooling: Gas, Heat Pump
  • Utilities: Electricity Connected, Propane
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 850
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Peach Knob Meadows Road Maintenance Association
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 850.00

Schools

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

Lot Info

  • Lot Features: Private, Steep Slope, Views, Wooded
  • Lot Size Area: 3.33
  • Lot Size Units: Acres
  • Parcel Number: 976016722500000
  • Zoning: RES
  • Plat Reference Section Pages: 0057/0123
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES>3 Ac

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 8, 2024
Sold by
Lofland David R and Lofland Blair R
Bought by
Craig Ostroff Revocable Trust and Ostroff
Seller's Agent
Kelly Erin-Spinney
Keller Williams Professionals
Buyer's Agent
Liz Asbury
Premier Sotheby’s International Realty
List Price
$1,925,000
Sold Price
$1,735,000
Premium/Discount to List
-$190,000
-9.87%
Views
46
Current Estimated Value
$1,798,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,771
Avg. Annual Appreciation
2.46%

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 26, 2021
Sold by
Ramsey Scott
Bought by
Lofland David R and Lofland Blair R
Seller's Agent
Molly Mcnichols
Carolina Mountain Sales
Buyer's Agent
Kelly Erin-Spinney
Keller Williams Professionals
List Price
$1,225,000
Sold Price
$1,150,000
Premium/Discount to List
-$75,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%
Original Mortgage
$548,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Big Level Builders Llc
Bought by
Ramsey Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
6.49%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Craig Ostroff Revocable Trust $1,735,000 None Listed On Document
Lofland David R $1,150,000 None Available
Ramsey Scott $1,295,000 None Available
Big Level Builders Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lofland David R $548,250
Previous Owner Lofland David R $548,250
Previous Owner Lofland David R $486,600
Previous Owner Big Level Builders Llc $1,295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $1,735,000 -9.9% $437 / Sq Ft
01/26/2024 01/26/24 For Sale $1,925,000 +67.4% $485 / Sq Ft
02/26/2021 02/26/21 Sold $1,150,000 -6.1% $301 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $1,225,000 -- $321 / 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
2023 $8,283 $1,069,500 $338,700 $730,800
2022 $7,967 $1,069,500 $0 $0
2021 $7,027 $943,300 $0 $0
2020 $7,185 $899,300 $0 $0
2019 $7,185 $899,300 $0 $0
2018 $7,185 $899,300 $0 $0
2017 $7,275 $782,300 $0 $0
2016 $6,916 $782,300 $0 $0
2015 $6,916 $782,300 $0 $0
2014 $6,916 $782,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4098626

Canopy MLS (Canopy Realtor® Association)

APN: 9760-16-7225-00000