NOT LISTED FOR SALE

240 Tranquility Place Hendersonville, NC 28739

Estimated Value: $775,000 - $877,000

4 Beds
3.5 Baths
3,775 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $720,000 $191 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,652/month

27 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Private Lot
  • 8.07 Acre Lot
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of August 2022

Don’t miss this amazing opportunity to live on an 8-acre estate in the heart of historic Flat Rock. The Tranquility subdivision is both one of Flat Rocks best-kept secrets & one of its’ most prestigious communities. This property features a 2 acre Magnolia meadow in addition to mature variety of Rhododendron, Japanese Maples, Magnolia, Dogwoods, Mountain Laurels, and Camelias throughout the entire property. All curated by Dr. August Kehr (see attachments). There is even an endangered plant called Bunch Arrowhead. Enjoy a large custom greenhouse for your plant babies, two streams, and a lower three-acre pasture perfect for horses, cows, and a potential barn. Oh, did we mention there is a grand home too? With over 3700 heated square feet there is plenty of room to spread out. Vaulted ceilings and a fireplace enhance the living room, large windows, ample kitchen, and dining room. The partially finished basement provides room for hobbies, play, and storage too. Truly a lovely space.

Last Agent to Sell the Property

Gail Satz

George Real Estate Group Inc Brokerage Email: gailsatzrealtor@gmail.com License #287949 Listed on: 06/11/2022

Last Buyer's Agent

Alisha Nesbitt

Noble & Company Realty License #328826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 1978

Lot Details

  • 8.07 Acre Lot
  • Private Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Radon Mitigation System
  • Stone Veneer

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Partially Finished Basement
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Double Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Patio
  • Greenhouse

Schools

  • Atkinson Elementary School
  • Flat Rock Middle School
  • East Henderson High School

Farming

  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Power Generator
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Tranquility HOA, Phone Number (732) 233-4045
  • Tranquility Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 10004215

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,685

Year Built

Built in 1978

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1978
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 190.73
  • Attribution Contact: gailsatzrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2377
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 932
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 576
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1508
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Electric Water Heater, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 2377
  • Has Basement: Basement Garage Door, Exterior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1398
  • Fireplace Features: Family Room, Gas, Gas Log, Living Room
  • Living Area: 3775
  • Bedroom Main: 3
  • Room Count: 14
  • Sq Ft Other: 0
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Elevation: 2000
  • Construction Type: Brick Partial, Stone Veneer, Wood
  • Other Structures: Greenhouse
  • Patio And Porch Features: Covered, Deck, Patio, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Garage

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Security: Radon Mitigation System
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Gas, Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 325
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Tranquility HOA
  • Phone: 732-233-4045
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: lnordt@hotmail.com

Association/Amenities

  • Association Annual Expense: 325.00

Schools

  • Middle Or Junior School: Flat Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Pasture, Private, Sloped, Creek/Stream, Wooded
  • Lot Size Area: 8.07
  • Lot Size Units: Acres
  • Parcel Number: 10004215
  • Lot Size Acres: 8.07
  • Lot Size Sq Ft: 351529
  • Additional Parcels Description: 9567439153, 9567436097, 9567434026
  • ResoLotSizeUnits: Acres
  • Zoning Specification: res

MLS Schools

  • Elementary School: Atkinson
  • High School: East Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Aug 16, 2022
Sold by
George Noah J and George Helen J
Bought by
Babcock Alex and Babcock Katie
Seller's Agent
Gail Satz
George Real Estate Group Inc
Buyer's Agent
Alisha Nesbitt
Noble & Company Realty
List Price
$800,000
Sold Price
$720,000
Premium/Discount to List
-$80,000
-10%
Views
4
Current Estimated Value
$826,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,149
Avg. Annual Appreciation
4.55%
Original Mortgage
$576,000
Outstanding Balance
$551,623
Interest Rate
5.38%
Mortgage Type
Balloon
Estimated Equity
$274,526

Purchase Details

Closed on
Oct 24, 2019
Sold by
Farmer Robert E
Bought by
George Noah and George Helen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2013
Closed on
Feb 25, 2014
Sold by
Stewart James L
Bought by
Farmer Robert E and Farmer Catherine M
Seller's Agent
Suzanne Beckmann
Howard Hanna Beverly-Hanks
Buyer's Agent
Alan Rieger
Pinnacle Sothebys International Realty
List Price
$499,900
Sold Price
$435,000
Premium/Discount to List
-$64,900
-12.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$435,000
Interest Rate
2.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Babcock Alex $720,000 Staton Law Firm
George Noah $500,000 --
Farmer Robert E $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock Alex $576,000
Previous Owner George Noah $585,000
Previous Owner George Noah $450,000
Previous Owner Farmer Robert E $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $720,000 -10.0% $191 / Sq Ft
06/11/2022 06/11/22 For Sale $800,000 +83.9% $212 / Sq Ft
02/26/2014 02/26/14 Sold $435,000 -13.0% $114 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
06/20/2013 06/20/13 For Sale $499,900 -- $131 / 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 $2,685 $622,900 $109,800 $513,100
2024 $2,685 $622,900 $109,800 $513,100
2023 $2,685 $622,900 $109,800 $513,100
2022 $2,590 $461,700 $99,800 $361,900
2021 $2,590 $461,700 $99,800 $361,900
2020 $2,590 $461,700 $0 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3868529

Canopy MLS (Canopy Realtor® Association)

APN: 9567439153