NOT LISTED FOR SALE

24 Lake Wood Ave Unit 501 Black Mountain, NC 28711

Estimated Value: $128,000 - $235,000

0.97 Acre
$181,805 Price per Acre
42,253 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $150,000

Est. 18% increase in value since last sale

Current estimated payment $1,123/month

1,385 Days on Market

About This Lot

As of October 2021

OUTSTANDING MOUNTAIN & LAKE VIEWS IN GATED COMMUNITY! Located at top of Laurel Ridge at 3500' elevation. 70+ upscale homes situated within 1,100 acres of beautiful forest land. Underground utilities, community water system, paved roads, fire substation, community center, and helipad. For the buyer who desires an incredible mountain property with views and easy topography for their dream home. If so desired short term rentals allowed! THE BEST OF THE BEST!

Last Agent to Sell the Property

Gary Seifried

Premier Sotheby’s International Realty License #176774 Listed on: 11/10/2017

Premier Sotheby’s International Realty

Last Buyer's Agent

Sunday Grant

GreyBeard Realty License #290391

Property Details

Property Type

  • Land

Lot Details

  • Property is zoned Residential Lot

HOA Fees

  • $138 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 0701-01-2198-00000

Community Details

Overview

  • Association Phone (828) 669-9691

Security

  • Gated Community

Recreation

  • Pond

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Proposed Special Assessment Desc: Community Water
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 154639.18
  • Special Assessment Yn: Yes
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • H O A Management Phone: 828-669-9691

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Utilities

  • Water: Community Well

Condo/Co-op/Association

  • Community Features: Gated Community, Pond
  • Association Fee: 1650.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Long Range View, Mountain View, Year Round View
  • Lot Size Area: 0.970
  • Parcel Number: 0701-01-2198-00000
  • Zoning: Residential Lot
  • Zoning Specification: Res
  • Plat Book Slide: 62/20
  • Plat Reference Section Pages: 15
  • Wooded Acres: 0.97

Tax Info

  • Tax Value: 89400.00
  • Tax Amount Ncm: 570.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Oct 21, 2021
Sold by
Puckett Carol T
Bought by
Giroux Thomas J and Giroux Lisa G
Seller's Agent
Gary Seifried
Premier Sotheby’s International Realty
Buyer's Agent
Sunday Grant
GreyBeard Realty
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$176,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,351
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
May 5, 2010
Sold by
Pittman Charles F and Pittman Amie B
Bought by
Puckett Carol T

Purchase Details

Closed on
Nov 1, 2007
Sold by
Mcevoy John P and Mcevoy Bette C
Bought by
Pittman Charles F and Pittman Amie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2003
Sold by
Buchanan W Wray and Buchanan Barbara H
Bought by
Mcevoy John P and Mcevoy Bette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.79%
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
Giroux Thomas J $150,000 None Available
Puckett Carol T $132,500 None Available
Pittman Charles F $137,500 None Available
Mcevoy John P $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pittman Charles F $112,500
Previous Owner Mcevoy John P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $150,000 0.0% --
08/26/2021 08/26/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $150,000 0.0% --
01/15/2021 01/15/21 Off Market $150,000 -- --
01/17/2020 01/17/20 For Sale $150,000 0.0% --
01/16/2020 01/16/20 Off Market $150,000 -- --
09/14/2018 09/14/18 For Sale $150,000 0.0% --
09/07/2018 09/07/18 Off Market $150,000 -- --
11/10/2017 11/10/17 For Sale $150,000 -- --
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 -- $89,400 $89,400 --
2023 $541 $89,400 $89,400 $0
2022 $532 $89,400 $0 $0
2021 $532 $89,400 $0 $0
2020 $580 $89,400 $0 $0
2019 $580 $89,400 $0 $0
2018 $580 $89,400 $0 $0
2017 $0 $70,200 $0 $0
2016 $494 $70,200 $0 $0
2015 $494 $70,200 $0 $0
2014 $494 $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3337681

Canopy MLS (Canopy Realtor® Association)

APN: 0701-01-2198-00000