NOT LISTED FOR SALE

2541 Lower Flat Creek Rd Black Mountain, NC 28711

Estimated Value: $582,515 - $857,000

3 Beds
2 Baths
3,025 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 2541 Lower Flat Creek Rd, Black Mountain, NC 28711 and is currently estimated at $731,629, approximately $241 per square foot. 2541 Lower Flat Creek Rd is a home located in Buncombe County with nearby schools including Black Mountain Primary, Black Mountain Elementary School, and Charles D. Owen Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2009
Sold by
Flat Creek Enterprises Llc
Bought by
Johnson Michael N and Hoffman Margie G
Current Estimated Value
$731,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$154,265
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$577,364

Purchase Details

Closed on
Nov 28, 2006
Sold by
Power Joanne
Bought by
Flat Creek Enterprises Llc

Purchase Details

Closed on
Oct 2, 2006
Sold by
Power Martha P
Bought by
Power Joanne

Purchase Details

Closed on
Feb 3, 2003
Sold by
Watkins Charles Edwin and Watkins Karen C
Bought by
Power Joe C and Power Martha P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 29, 1998
Sold by
Snay William P and Snay Kristin P
Bought by
Watkins Charles Edwin and Watkins Marjorie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,375
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Johnson Michael N $295,000 None Available
Flat Creek Enterprises Llc -- None Available
Power Joanne -- None Available
Power Joe C $225,000 --
Watkins Charles Edwin $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael N $236,000
Previous Owner Power Joe C $175,000
Previous Owner Watkins Charles Edwin $154,375
Source: Public Records

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 -- $293,100 $52,800 $240,300
2024 -- $293,100 $67,800 $225,300
2023 $1,899 $293,100 $67,800 $225,300
2022 $1,899 $293,100 $0 $0
2021 $1,899 $293,100 $0 $0
2020 $1,830 $265,600 $0 $0
2019 $1,830 $265,600 $0 $0
2018 $1,830 $265,600 $0 $0
2017 $1,803 $250,900 $0 $0
2016 $1,867 $250,900 $0 $0
2015 $1,867 $250,900 $0 $0
2014 $1,867 $250,900 $0 $0
Source: Public Records

Map

North Carolina Buncombe County Black Mountain 28711

2541 Lower Flat Creek Rd, Black Mountain, NC

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