NOT LISTED FOR SALE

2601 Sagamore Ln Unit 2601 Asheville, NC 28806

Estimated Value: $276,000 - $297,000

2 Beds
2 Baths
1,176 Sq Ft
$215/mo HOA Fee

Last Sold October 21, 2020

Last sale price $175,000 $149 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,846/month

5 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Traditional Architecture
  • In Ground Pool
  • Clubhouse
  • Lawn

About This Home

As of October 2020

Move in Ready home located in sought after gated community at Biltmore Commons. Unwind by the pool after a long hot day. Pool, fitness center, tennis courts and club house. Living room features gas fireplace and and sun room with mountain views. Spacious bedrooms and 2 full baths. Community is restricted to no dogs. No rentals are allowed at this time. Submit Pre-Approval letter or Proof of Funds with offer. EMD to be deposited to Buyer's Agent firm or Buyer's attorney.
Convenient to Bent Creek trails, Parkway and Arboretum

Last Agent to Sell the Property

Kay Smith

Asheville City Real Estate LLC License #262704 Listed on: 07/28/2020

Last Buyer's Agent

Jolie Casoria

Eclat Realty + Co License #313799

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

Lot Details

  • 37.07

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Laminate Flooring
  • Crawl Space

Additional Features

  • In Ground Pool
  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9627023924C2601
  • Tax Block /2601

Community Details

Overview

  • Baldwin Association, Phone Number (828) 684-3400

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1995

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94595
  • Ratio Close Price By Original Li: 0.94595
  • Ratio Current Price By Sq Ft: 148.81
  • Unit Floor Level: 6
  • Year Built: 1995
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Lower
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Living Room, Natural Gas
  • Flooring: Laminate Wood
  • H O A Management Phone: 828-684-3400
  • Interior Amenities: Cable Available, Split BR Plan
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1176
  • Total Sq Ft: 1176

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Pool-In-Ground

Garage/Parking

  • Parking: Lot

Utilities

  • Heating: Apollo System
  • Sewer: City Sewer, Public Sewer
  • Water: City Water, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Outdoor Pool, Tennis Court(s)
  • Association Fee: 215.00
  • Association Fee Frequency: Monthly
  • Complex Name: Biltmore Commons
  • HOA Management Company: Baldwin
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sand Hill-Venable/Enka
  • Middle School: Enka
  • High School: Enka

Lot Info

  • Lot Features: Views
  • Parcel Number: 9627023924C2601
  • Plat Book Slide: 64/99
  • Plat Reference Section Pages: 64/99
  • Zoning Specification: RM-6

Tax Info

  • Tax Value: 115400.00
  • Tax Block: /2601
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Oct 21, 2020
Sold by
Medford Jeffrey and Medford Karen
Bought by
Ratliff Kelly
Seller's Agent
Kay Smith
Asheville City Real Estate LLC
Buyer's Agent
Jolie Casoria
Eclat Realty + Co
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$282,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,188
Avg. Annual Appreciation
10.11%
Original Mortgage
$87,000
Outstanding Balance
$77,241
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$204,947

Purchase Details

Listed on
Mar 23, 2015
Closed on
Apr 22, 2015
Bought by
Jackson Karen
Seller's Agent
Alan Kellam
Coldwell Banker Advantage
Buyer's Agent
Kay Smith
Asheville City Real Estate LLC
List Price
$118,000
Sold Price
$122,333
Premium/Discount to List
$4,333
3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Dec 4, 2009
Sold by
Tedder Michael S and Tedder Martha J
Bought by
Tedder Martha J

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
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
Spayer David and Spayer Celestia
Bought by
Tedder Michael S and Tedder Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1998
Sold by
Mcgee Jean F
Bought by
Shook Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1996
Sold by
Nappier & Gunnells Constr Co Inc
Bought by
Mcgee
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
Ratliff Kelly $175,000 None Available
Jackson Karen $122,500 --
Tedder Martha J -- None Available
Tedder Michael S $140,000 None Available
Shook Linda G $92,000 --
Mcgee $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratliff Kelly $87,000
Previous Owner Tedder Martha J $112,500
Previous Owner Tedder Michael S $111,920
Previous Owner Shook Linda G $87,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold $175,000 -5.4% $149 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $185,000 +51.2% $157 / Sq Ft
04/22/2015 04/22/15 Sold $122,333 +3.7% $104 / Sq Ft View Prior Sale
03/23/2015 03/23/15 For Sale $118,000 +6.3% $100 / Sq Ft
03/24/2014 03/24/14 Sold $111,000 -9.0% $94 / Sq Ft View Prior Sale
02/22/2014 02/22/14 Pending -- -- --
04/04/2013 04/04/13 For Sale $122,000 -- $104 / 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 $1,595 $172,100 -- $172,100
2024 $1,595 $172,100 -- $172,100
2023 $1,595 $172,100 $0 $172,100
2022 $1,533 $172,100 $0 $0
2021 $1,533 $172,100 $0 $0
2020 $1,105 $115,400 $0 $0
2019 $1,105 $115,400 $0 $0
2018 $1,105 $115,400 $0 $0
2017 $1,117 $108,800 $0 $0
2016 $1,174 $0 $0 $0
2015 $1,174 $108,800 $0 $0
2014 $1,158 $108,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3645965

Canopy MLS (Canopy Realtor® Association)

APN: 9627-02-3924-C2601