M
Seller's Agent in 2023
Michael Diamond
Master Diamond Properties, Inc
(828) 284-7893
24 Total Sales
294 Mountain Falls Trail Black Mountain, NC 28711
Estimated Value: $1,384,000 - $2,022,000
5
Beds
5
Baths
5,316
Sq Ft
$328/Sq Ft
Est. Value
Highlights
- Spa
- Open Floorplan
- Deck
- Solar Power System
- Mountain View
- Wooded Lot
About This Home
As of October 2023This custom built log home estate will impress! Privately situated on over 5 acres in the prestigious Catawba Falls Preserve gated community is this 5 bedroom, 5 bathroom home. Complete with a 4-car garage, fully finished basement with wet bar, full-length deck with wood burning fireplace, beautiful landscaping with a waterfall, it’s the total package! With stunning long range views of the Blue Ridge Mountains and only 23 miles from Asheville and 8 miles from downtown Black Mountain, this is the epitome of mountain home living in Western North Carolina. The cabin features an open floor plan, loft, great room with vaulted ceiling and pristine long range mountain views. The home has a full solar package including Tesla batteries. Catawba Falls Preserve is a gated mountain community preserve with paved roads and miles of hiking trails leading into the Pisgah National Forest. This home has been a very successful vacation rental for past 2 years. Turnkey, all furnishings included in sale.
Last Agent to Sell the Property
Master Diamond Properties, Inc Brokerage Email: info@masterdiamondnc.com License #280444 Listed on: 09/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,128
Year Built
- Built in 2015
Lot Details
- Paved or Partially Paved Lot
- Wooded Lot
- Property is zoned RS8
HOA Fees
- $96 Monthly HOA Fees
Parking
- 4 Car Garage
- Driveway
Home Design
- Cabin
- Log Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Wet Bar
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Wood Flooring
- Mountain Views
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Natural lighting in basement
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Spa
- Deck
- Covered Patio or Porch
- Outdoor Fireplace
- Fire Pit
- Separate Outdoor Workshop
Utilities
- Forced Air Heating and Cooling System
- Power Generator
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 0638-00-13-8114
Community Details
Overview
- Ipm Association
- Catawba Falls Preserve Subdivision
- Mandatory home owners association
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2023
Closed on
Oct 20, 2023
Sold by
294 Mountain Falls Llc
Bought by
Serenity Partners Llc
Seller's Agent
Michael Diamond
Master Diamond Properties, Inc
Buyer's Agent
Bret Frk
Unique: A Real Estate Collective
List Price
$1,850,000
Sold Price
$1,800,000
Premium/Discount to List
-$50,000
-2.7%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,398
Avg. Annual Appreciation
-1.08%
Purchase Details
Closed on
Apr 29, 2021
Sold by
Dunlap Lawrence D and Dunlap Karen L
Bought by
294 Mountain Falls Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.9%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 29, 2005
Sold by
Catawba Falls Llc
Bought by
Dunlap Lawrence D and Dunlap Karen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Serenity Partners Llc | $1,800,000 | None Listed On Document | |
| 294 Mountain Falls Llc | $1,530,000 | None Available | |
| Dunlap Lawrence D | $167,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dunlap Lawrence D | $0 | |
| Previous Owner | Dunlap Lawrence D | $409,000 | |
| Previous Owner | Dunlap Lawrence D | $250,000 | |
| Previous Owner | Dunlap Lawrence D | $417,000 | |
| Previous Owner | Dunlap Lawrence D | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2023 10/24/23 | Sold | $1,800,000 | -2.7% | $339 / Sq Ft |
| 09/27/2023 09/27/23 | Pending | -- | -- | -- |
| 09/25/2023 09/25/23 | For Sale | $1,850,000 | -- | $348 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,128 | $903,900 | $59,500 | $844,400 |
| 2023 | $6,128 | $903,900 | $59,500 | $844,400 |
| 2022 | $4,851 | $705,140 | $52,500 | $652,640 |
| 2021 | $4,851 | $705,140 | $52,500 | $652,640 |
| 2020 | $4,922 | $705,140 | $0 | $0 |
| 2019 | $4,922 | $0 | $0 | $0 |
| 2017 | $3,624 | $565,760 | $0 | $0 |
| 2016 | $3,624 | $0 | $0 | $0 |
| 2014 | $640 | $105,000 | $105,000 | $0 |
| 2013 | -- | $105,000 | $105,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Diamond
-
Bret Frk
Buyer's Agent in 2023
Bret Frk
Unique: A Real Estate Collective
(828) 335-3499
142 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4069392
APN: 0638-00-13-8114
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