NOT LISTED FOR SALE

Estimated Value: $560,000 - $588,523

3 Beds
2.5 Baths
1,710 Sq Ft
$338/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $560,000 $327 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,307/month

21 Days on Market

Highlights

  • Under Construction
  • Traditional Architecture
  • 1 Car Attached Garage
  • Mountain View
  • Engineered Wood Flooring
  • Laundry Room

About This Home

As of August 2023

New construction in private Oakley neighborhood! No restrictions on short-term rentals and conveniently located moments from Biltmore Village and Downtown Asheville. Open floorplan, white oak hardwood flooring, stainless steel Samsung appliances, granite countertops, back deck with winter views, one car garage, and bonus room in the basement. The home will be Energy Star certified. Upgrades are available if Under Contract before completion. This home is in the first of multiple new phases in the established Biltmore Terrace neighborhood. Showing by appointment only. Please be aware that there is no CO yet.

Last Agent to Sell the Property

Carol Bourke

Keller Williams Professionals Brokerage Email: info@thebourkegroup.com License #192076 Listed on: 05/21/2023

Keller Williams Professionals

Co-Listed By

Robert Bryenton

Keller Williams Professionals Brokerage Email: info@thebourkegroup.com License #289790

Last Buyer's Agent

Cory Wall

EXP Realty LLC License #321892

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • Sloped Lot
  • Property is zoned R-3

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Arts and Crafts Architecture
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Basement Storage

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment
  • No or Low VOC Paint or Finish

Schools

  • Oakley Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • Ipm Association, Phone Number (828) 650-6875
  • Built by Falcon Construction & Development
  • Biltmore Terrace Subdivision, Chestnut Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 965765909100000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,492

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Traditional
  • Year Built: 2023
  • Restrictions: Architectural Review,Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Proposed Completion Date: 2023-06-30
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 327.49
  • Geocode Confidence: High
  • Attribution Contact: info@thebourkegroup.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 748
  • 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: 711
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Microwave, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1459
  • Has Basement: Basement Garage Door, Exterior Entry, Partially Finished, Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 251
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 1710
  • Bedroom Main: 0
  • Bedroom Basement: 0

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Winter
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Basement, Driveway, Attached Garage, Garage Door Opener, Garage Faces Rear

Utilities

  • Heating: ENERGY STAR Qualified Equipment, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Inside, Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Heat Pump
  • Utilities: Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM
  • Phone: 828-650-6875
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: info@ipmhoa.com

Association/Amenities

  • Association Annual Expense: 600.00

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Views
  • Lot Size Units: Acres
  • Parcel Number: 965765909100000
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Green Features

  • Green Sustainability: Concrete Construction, Engineered Wood Products, Low VOC Coatings

Building Info

  • Builder Name: Falcon Construction & Development

MLS Schools

  • Elementary School: Oakley
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jul 27, 2023
Sold by
Biltmore Terrace Development Llc
Bought by
Pardus Kristine Ashley and Willoughby Paul George
Seller's Agent
Carol Bourke
Keller Williams Professionals
Buyer's Agent
Cory Wall
EXP Realty LLC
List Price
$570,000
Sold Price
$560,000
Premium/Discount to List
-$10,000
-1.75%
Views
49
Current Estimated Value
$577,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,381
Avg. Annual Appreciation
1.33%
Original Mortgage
$504,000
Outstanding Balance
$489,293
Interest Rate
5.45%
Mortgage Type
New Conventional
Estimated Equity
$88,088

Purchase Details

Closed on
May 17, 2023
Sold by
Innovative Building Concepts Inc
Bought by
Biltmore Terrace Development Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pardus Kristine Ashley $560,000 None Listed On Document
Biltmore Terrace Development Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pardus Kristine Ashley $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2023 08/03/23 Sold $560,000 -1.8% $327 / Sq Ft
05/21/2023 05/21/23 For Sale $570,000 -- $333 / 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 $2,492 $395,600 $62,500 $333,100
2024 $2,492 $395,600 $62,500 $333,100
2023 $2,492 $191,000 $62,500 $128,500
2022 $375 $62,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3934534

Canopy MLS (Canopy Realtor® Association)

APN: 9657-65-9091-00000