NOT LISTED FOR SALE

28 Spicewood Rd Weaverville, NC 28787

Estimated Value: $487,000 - $628,000

4 Beds
4 Baths
1,792 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $282,500 $158 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,063/month

41 Days on Market

Highlights

  • Ranch Style House
  • North Buncombe Elementary School Rated 9+
  • Vinyl Flooring

About This Home

As of August 2020

Minimum of 24 hours notice. Well maintained duplex with great rental history. 2 bedrooms, 2 baths, large eat-in kitchen, large deck in back, laundry hookups in the units. Nice floor plan, units feel spacious. Easy to rent, nice area just minutes to Weaverville and shopping. Mountain views from deck. 28A tenant in 2nd year of lease, 28B tenant signed one year lease in February. Managed by Tons of Rentals. Good return on investment, call today to setup appointment to see!

Last Agent to Sell the Property

Dolly Moore

Home Selling Service, LLC License #238798 Listed on: 06/04/2020

Last Buyer's Agent

Scott Russell

Howard Hanna Beverly-Hanks Freestone Properties License #246481

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 1.04

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Siding

Flooring

  • Laminate
  • Vinyl

Additional Features

  • 4 Full Bathrooms
  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes exterior maintenance, management fee, water
  • Assessor Parcel Number 9733-01-9192-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.94517
  • Ratio Close Price By Original Li: 0.99123
  • Ratio Current Price By Acre: 269304.10
  • Ratio Current Price By Sq Ft: 157.65
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Fixture Exception Description: Any appliances owned by tenants
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Laundry Location: Main, Closet
  • Total Sq Ft: 1792

Exterior Features

  • Construction: Vinyl
  • Construction Type: Off Frame Modular

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Weaverville/N. Windy Ridge
  • Middle School: North Buncombe
  • High School: North Buncombe

Lot Info

  • Lot Features: Long Range View, Mountain View, Sloping, Year Round View
  • Lot Size Area: 1.049
  • Parcel Number: 9733-01-9192-00000
  • Zoning Specification: OU

Rental Info

  • Rent Includes: Exterior Maintenance, Management Fee, Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 246000.00
  • Tax Location: Buncombe

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Aug 24, 2020
Sold by
Pacific Premier Trust
Bought by
Garnett Ventures Group Llc
Seller's Agent
Dolly Moore
Home Selling Service, LLC
Buyer's Agent
Scott Russell
Howard Hanna Beverly-Hanks Freestone Properties
List Price
$298,888
Sold Price
$282,500
Premium/Discount to List
-$16,388
-5.48%
Current Estimated Value
$552,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,189
Avg. Annual Appreciation
14.09%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Forrest Samantha C and Sobeck Kathleen A
Bought by
Pensco Trust Company Llc and Tadeusz Drozdowski Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2004
Sold by
Spicewood Development Llc
Bought by
Forrest Samantha C and Sobeck Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Interest Rate
5.53%
Mortgage Type
Unknown
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
Garnett Ventures Group Llc $282,500 None Available
Pensco Trust Company Llc $420,000 None Available
Forrest Samantha C $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pensco Trust Company Llc $80,000
Previous Owner Forrest Samantha C $158,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $282,500 -5.5% $158 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $298,888 0.0% $167 / Sq Ft
06/22/2020 06/22/20 For Sale $298,888 +4.9% $167 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $285,000 -- $159 / 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 -- $263,300 $45,300 $218,000
2024 -- $263,300 $45,300 $218,000
2023 $1,595 $263,300 $45,300 $218,000
2022 $1,568 $263,300 $0 $0
2021 $1,568 $263,300 $0 $0
2020 $1,597 $246,000 $0 $0
2019 $1,597 $246,000 $0 $0
2018 $1,597 $246,000 $0 $0
2017 $1,523 $208,300 $0 $0
2016 $1,491 $208,300 $0 $0
2015 $1,491 $208,300 $0 $0
2014 $1,491 $208,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3596182

Canopy MLS (Canopy Realtor® Association)

APN: 9733-01-9192-00000