NOT LISTED FOR SALE

284 Mount Mitchell Dr Burnsville, NC 28714

Estimated Value: $531,000 - $590,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold January 28, 2015

Last sale price $500,000

Est. 15% increase in value since last sale

Current estimated payment $3,273/month

253 Days on Market

About This Lot

As of January 2015

Huge price drop on this bank owned subdivision, River Run at Mt. Mitchell. Ideally located at the base of Mt. Mitchell and directly across from the Mt. Mitchell Golf Course. A total of 140 acres, the property consists of 10 single family residential lots, a commercial building that's never been used, and then the remaining 129 acres that includes 5 acres on the highly desirable South Toe River perfect for trout fishing and recreation.

Last Agent to Sell the Property

Burns Aldridge

Hurley & Associates Real Estate License #223716 Listed on: 05/13/2014

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,172

Lot Details

  • Waterfront
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 75503133373000

Property Details

Property Type

Land

Est. Annual Taxes

$3,172

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.91743
  • Ratio Close Price By Original Li: 0.52910
  • Ratio Current Price By Acre: 3566.84
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: Shared Well

Lot Info

  • Lot Features: Mountain View, Waterfront, Water view, Level, Long Range View, Winter View, Year Round View
  • Lot Size Area: 140.180
  • Parcel Number: 75503133373000
  • Plat Reference Section Pages: 701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Wilson Brothers Construction Company Inc
Bought by
Riverrock At Mount Mitchell Llc
Current Estimated Value
$573,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Riverrock At Mount Mitchell Llc $370,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Riverrock At Mount Mitchell Llc $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2015 01/28/15 Sold $500,000 -47.1% --
01/21/2015 01/21/15 Pending -- -- --
05/13/2014 05/13/14 For Sale $945,000 -- --
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 $3,172 $542,300 $53,300 $489,000
2024 $3,172 $542,300 $53,300 $489,000
2023 $2,241 $337,040 $40,700 $296,340
2022 $2,196 $337,040 $40,700 $296,340
2021 $2,241 $337,040 $40,700 $296,340
2020 $2,241 $337,040 $40,700 $296,340
2019 $2,241 $337,040 $40,700 $296,340
2018 $2,241 $337,040 $40,700 $296,340
2017 $2,241 $337,040 $40,700 $296,340
2016 $2,241 $337,040 $40,700 $296,340
2015 $1,844 $326,440 $60,300 $266,140
2014 $1,844 $326,440 $60,300 $266,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR561908

Canopy MLS (Canopy Realtor® Association)

APN: 075503133482.000