NOT LISTED FOR SALE

29 W French Broad St Unit 401 Brevard, NC 28712

Estimated Value: $583,000 - $648,000

2 Beds
2 Baths
1,420 Sq Ft
$296/mo HOA Fee

Last Sold July 18, 2016

Last sale price $335,500 $236 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,684/month

3 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 1-Story Property
  • Elevator

About This Home

As of July 2016

One of only two luxury condos in French Broad Place on the 4th floor. Condo is finished by luxury home builder Tim Wright and is being sold fully furnished, like new! Condo allows short range views of downtown Brevard and long range views of the Blue Ridge Mountains. Unbeatable convenient location.

Last Agent to Sell the Property

Team Looking Glass Realty

Looking Glass Realty License #247247 Listed on: 06/06/2016

Last Buyer's Agent

Ann Sharpsteen

Sterling Real Estate Partners, LLC License #275949

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

HOA Fees

  • $296 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Fireplace
  • Oven

Flooring

  • Wood
  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 8586-51-6970-401

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-6875

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Proposed Special Assessment Desc: parking deck repair
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 0.96132
  • Ratio Close Price By Original Li: 0.96132
  • Ratio Current Price By Sq Ft: 236.27
  • Unit Floor Level: 4
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Dishwasher, Disposal, Dryer, Oven, Exhaust Hood, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • H O A Management Phone: 8286506875
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1420
  • Total Sq Ft: 1420

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Deck

Utilities

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

Condo/Co-op/Association

  • Community Features: Elevator
  • Association Fee: 296.43
  • Association Fee Frequency: Monthly
  • Complex Name: French Broad Place
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Brevard
  • Middle School: Brevard
  • High School: Brevard

Lot Info

  • Lot Features: Long Range View, Views, Year Round View
  • Parcel Number: 8586-51-6970-401
  • Plat Reference Section Pages: 249
  • Zoning: Mixed Complex
  • Zoning Specification: OTH

Tax Info

  • Tax Value: 293900.00
  • Tax Amount Ncm: 2711.00
  • Tax Location: Brevard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 18, 2016
Sold by
Smith Thomas Craig
Bought by
Horrigan Albert E and Horrigan Carol H
Seller's Agent
Team Looking Glass Realty
Looking Glass Realty
Buyer's Agent
Ann Sharpsteen
Sterling Real Estate Partners, LLC
List Price
$349,000
Sold Price
$335,500
Premium/Discount to List
-$13,500
-3.87%
Current Estimated Value
$608,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,167
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Mar 26, 2014
Sold by
Asheville Savings Bank S S B
Bought by
Smith Thomas Craig and Thomas Craig Smith Revocable T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,617
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Horrigan Albert E $335,500 None Available
Smith Thomas Craig $267,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Thomas Craig $133,617
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2016 07/18/16 Sold $335,500 -3.9% $236 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $349,000 -- $246 / 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 $2,055 $500,610 $60,000 $440,610
2024 $2,142 $355,060 $60,000 $295,060
2023 $2,142 $355,060 $60,000 $295,060
2022 $2,142 $355,060 $60,000 $295,060
2021 $2,142 $355,060 $60,000 $295,060
2020 $1,691 $265,810 $0 $0
2019 $1,691 $265,810 $0 $0
2018 $2,714 $265,810 $0 $0
2017 $2,674 $265,810 $0 $0
2016 $2,634 $265,810 $0 $0
2015 $1,377 $293,900 $80,000 $213,900
2014 $1,377 $220,450 $80,000 $140,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3183621

Canopy MLS (Canopy Realtor® Association)

APN: 8586-51-6970-401