NOT LISTED FOR SALE

299 Pinnacle Dr Black Mountain, NC 28711

Estimated Value: $1,247,674 - $1,369,000

3 Beds
3.5 Baths
2,869 Sq Ft
$452/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $725,000 $253 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,378/month

185 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Post and Beam
  • Private Lot
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of December 2018

Beautiful timber frame home just above the Black Mountain Golf Course! Large open kitchen-living area with light-filled rooms; mountain views from entire east side of home; 2 master suites with double closets; elevator to main living area; lower level den/office, guest bedroom & bath; energy efficient home with radiant heat wood flooring; screened back deck with vented gas grill; integrated humidifier; back-up generator; so many upgrades and extras-see features sheet; live in the wonderful community of Black Mountain only 15 minutes to downtown Asheville!

Last Agent to Sell the Property

Janet Blake

Ivester Jackson Blackstream License #284663 Listed on: 04/23/2018

Last Buyer's Agent

Shannon Darnell

Howard Hanna Beverly-Hanks Freestone Properties License #297137

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Post and Beam
  • Arts and Crafts Architecture

Interior Spaces

  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Utilities

  • Radiant Heating System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • Black Mountain Estates Association

Listing and Financial Details

  • Assessor Parcel Number 0700-60-8415-00000

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts, Post and Beam
  • Ratio Close Price By List Price: 0.93548
  • Ratio Close Price By Original Li: 0.86516
  • Ratio Current Price By Acre: 619658.12
  • Ratio Current Price By Sq Ft: 252.70
  • Year Built: 2011
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space, g-Sealed Crawl Space
  • Upper Level Sq Ft: 2028
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Network Ready, Refrigerator, Exhaust Hood, Self Cleaning Oven, Washer, Propane, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, See Thru
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile, Wood
  • Interior Amenities: Cable Available, Elevator, Open Floorplan, Pantry, Skylight(s), Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Lower Level Sq Ft: 841
  • Total Sq Ft: 2869
  • Sq Ft Unheated Lower: 660
  • Sq Ft Unheated Total: 660

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Wired Internet Available
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Propane, Radiant Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: g-On-Demand Water Heater

Condo/Co-op/Association

  • Association Fee: 50.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Black Mountain Estates
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Mountain View, Long Range View, Paved Frontage, Private, Sloping, Steep, Views, Winter View, Wooded
  • Parcel Number: 0700-60-8415-00000
  • Plat Book Slide: 62/50
  • Zoning Specification: RES

Tax Info

  • Tax Value: 727100.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Nov 26, 2018
Sold by
Marsh Stephen A and Marsh Gale B
Bought by
Pelfrey David and Pelfrey Leah
Seller's Agent
Janet Blake
Ivester Jackson Blackstream
Buyer's Agent
Shannon Darnell
Howard Hanna Beverly-Hanks Freestone Properties
List Price
$838,000
Sold Price
$725,000
Premium/Discount to List
-$113,000
-13.48%
Current Estimated Value
$1,296,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,919
Avg. Annual Appreciation
8.65%
Original Mortgage
$616,250
Outstanding Balance
$538,137
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$758,782

Purchase Details

Closed on
Jan 12, 2010
Sold by
Marburg Durita K and Marburg Kenneth
Bought by
Marsh Stephen A and Marsh Gale B

Purchase Details

Closed on
Aug 6, 2003
Sold by
Alexander Bruce M
Bought by
Marburg Durita Kay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pelfrey David $725,000 None Available
Marsh Stephen A $107,000 None Available
Marburg Durita Kay $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelfrey David $616,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $725,000 -6.5% $253 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
08/16/2018 08/16/18 Price Changed $775,000 -1.3% $270 / Sq Ft
06/17/2018 06/17/18 Price Changed $785,000 -6.3% $274 / Sq Ft
04/23/2018 04/23/18 For Sale $838,000 -- $292 / 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 $6,712 $801,100 $116,600 $684,500
2024 $6,712 $800,400 $115,900 $684,500
2023 $6,712 $800,400 $115,900 $684,500
2022 $6,355 $800,400 $115,900 $684,500
2021 $5,659 $712,700 $0 $0
2020 $5,962 $692,000 $0 $0
2019 $5,962 $692,000 $0 $0
2018 $6,264 $727,100 $0 $0
2017 $6,337 $668,600 $0 $0
2016 $6,546 $668,600 $0 $0
2015 $6,546 $668,600 $0 $0
2014 $6,546 $668,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3383857

Canopy MLS (Canopy Realtor® Association)

APN: 0700-60-8415-00000