NOT LISTED FOR SALE

2803 Sagamore Ln Unit 2803 Asheville, NC 28806

Estimated Value: $272,000 - $286,332

2 Beds
2 Baths
940 Sq Ft
$179/mo HOA Fee

Last Sold February 14, 2019

Last sale price $152,000 $162 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,702/month

36 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Contemporary Architecture
  • Gated Community
  • Clubhouse
  • Wood Flooring

About This Home

As of February 2019

Move-in ready, ground floor unit with BEAUTIFULLY RENOVATED KITCHEN in the gated community of Biltmore Commons! Desirable open floor plan with perfectly sized bedrooms, gas fireplace, and screened back porch. This contemporary condo brings one of the best values in Asheville under the $160k price range. Clubhouse, pool, tennis court, and newly renovated fitness center within community. Only 15 minutes to downtown, and less than 10 minutes to the Asheville Outlets, Blue Ridge Parkway, and Arboretum. Excellent first time buyer or investor potential -- rental cap is currently met, though wait list has been short. Don't wait!!

Last Agent to Sell the Property

Sarah Rominger

Mountain Haven Realty LLC License #289377 Listed on: 12/13/2018

Last Buyer's Agent

Marc Canter

Summit Realty Of WNC Inc License #197494

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

HOA Fees

  • $179 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Arts and Crafts Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Gas Log Fireplace
  • Oven

Flooring

  • Wood
  • Vinyl

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9627-02-3924-C2803

Community Details

Overview

  • Baldwin Real Estate Inc. 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

$179 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Arts and Crafts, Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98128
  • Ratio Close Price By Original Li: 0.98128
  • Ratio Current Price By Sq Ft: 161.70
  • Unit Floor Level: 1
  • Year Built: 1995
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Dishwasher, Microwave, Oven, Refrigerator
  • Fireplace Description: Gas Logs, Gas Unvented, Living Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 8286843400
  • Interior Amenities: Cable Available, Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 940
  • Total Sq Ft: 940

Exterior Features

  • Construction: Cedar Shake, Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Outdoor Pool, Street Lights, Tennis Court(s)
  • Association Fee: 179.00
  • Association Fee Frequency: Monthly
  • Complex Name: Biltmore Commons
  • HOA Management Company: Baldwin Real Estate Inc.
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot
  • Parcel Number: 9627-02-3924-C2803
  • Plat Book Slide: 064/099
  • Zoning Specification: RM6

Tax Info

  • Tax Value: 114100.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Mckenzie Barbara A
Bought by
Mckenzie Barbara
Current Estimated Value
$280,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$381,163
Interest Rate
3.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$100,830

Purchase Details

Listed on
Dec 13, 2018
Closed on
Feb 12, 2019
Sold by
Alhamad Bashayer and Almualy Mashary
Bought by
Mckenzie Barbara A
Seller's Agent
Sarah Rominger
Mountain Haven Realty LLC
Buyer's Agent
Marc Canter
Summit Realty Of WNC Inc
List Price
$154,900
Sold Price
$152,000
Premium/Discount to List
-$2,900
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$121,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 19, 2016
Sold by
Borrero Trinidad and Cruz Lillian Lebron
Bought by
Alhamad Bashayer and Almualy Mashary
Seller's Agent
Luiz Leonetti
Town and Mountain Realty
Buyer's Agent
Sarah Rominger
Mountain Haven Realty LLC
List Price
$125,000
Sold Price
$122,500
Premium/Discount to List
-$2,500
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 10, 2015
Sold by
Allen George C
Bought by
Borrero Trinidad and Cruz Lillian Lebron
Seller's Agent
Robert Gardner
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Luiz Leonetti
Town and Mountain Realty
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Listed on
Aug 8, 2013
Closed on
Mar 10, 2014
Sold by
Secu Re Inc
Bought by
Allen George C and Allen Ellen Kellcher
Seller's Agent
Carl Brown
BluAxis Realty
Buyer's Agent
Robert Gardner
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$114,000
Sold Price
$92,150
Premium/Discount to List
-$21,850
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$82,150
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2013
Sold by
State Employees Credit Union
Bought by
Secure Inc

Purchase Details

Closed on
Mar 30, 2005
Sold by
Anderson Michael W
Bought by
Mills Davey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Anderson Michael W and Anderson Jennifer Jones
Bought by
Anderson Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
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
Mckenzie Barbara -- Fnc Title Services
Mckenzie Barbara A $152,000 None Available
Alhamad Bashayer $122,500 None Available
Borrero Trinidad $110,000 --
Allen George C $93,000 None Available
Secure Inc $69,000 None Available
Mills Davey W $108,000 --
Anderson Michael W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckenzie Barbara $465,000
Closed Mckenzie Barbara $465,000
Previous Owner Mckenzie Barbara A $121,600
Previous Owner Allen George C $82,150
Previous Owner Mills Davey W $86,400
Previous Owner Anderson Michael W $89,000
Closed Mills Davey W $21,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2019 02/14/19 Sold $152,000 -1.9% $162 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $154,900 +26.4% $165 / Sq Ft
07/20/2016 07/20/16 Sold $122,500 -2.0% $119 / Sq Ft View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $125,000 +13.6% $121 / Sq Ft
09/10/2015 09/10/15 Sold $110,000 -4.3% $110 / Sq Ft View Prior Sale
08/11/2015 08/11/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $114,900 +24.7% $115 / Sq Ft
03/11/2014 03/11/14 Sold $92,150 -19.2% $78 / Sq Ft View Prior Sale
03/10/2014 03/10/14 Pending -- -- --
08/08/2013 08/08/13 For Sale $114,000 -- $97 / 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 $445 $151,100 -- $151,100
2024 $445 $178,100 -- $178,100
2023 $445 $178,100 $0 $178,100
2022 $390 $178,100 $0 $178,100
2021 $614 $178,100 $0 $0
2020 $1,149 $120,000 $0 $0
2019 $1,093 $114,100 $0 $0
2018 $1,093 $114,100 $0 $0
2017 $1,104 $103,000 $0 $0
2016 $1,111 $0 $0 $0
2015 $1,111 $103,000 $0 $0
2014 $1,096 $103,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3453729

Canopy MLS (Canopy Realtor® Association)

APN: 9627-02-3924-C2803