$175,000
SOLD MAY 24, 2021

3 Chicago Ave Black Mountain, NC 28711

2 Beds
1 Bath
741 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$236 Per Sq Ft

5% Below List Price

1 Day on Market

About This Home

As of May 2023

Investor alert! Charming home on open lot in desirable location in Black Mountain. Bring your magic touches and restore this home back to it's heyday. This 2 bedroom, 1 bathroom house has city water and city sewer. Less then a mile to Lake Tomahawk and convenient access to Black Mountain. House sits off Cragmont Rd which has sidewalks to lake and downtown area.

Last Agent to Sell the Property

Stacey Enos

Mosaic Community Lifestyle Realty License #279614 Listed on: 04/22/2021

Last Buyer's Agent

Jennifer Merrell

RE/MAX Land of the Waterfalls License #266484

RE/MAX Land of the Waterfalls

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Parking

  • Gravel Driveway

Additional Features

  • Linoleum Flooring
  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 0609-75-9892-00000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.94595
  • Ratio Close Price By Original Li: 0.94595
  • Ratio Current Price By Acre: 760869.57
  • Ratio Current Price By Sq Ft: 236.17
  • Year Built: 1920
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Flooring: Carpet, Linoleum
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 741
  • Total Sq Ft: 741

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: No A/C, Oil Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Size Area: 0.230
  • Parcel Number: 0609-75-9892-00000
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 107200.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 18, 2023
Sold by
Argenta Kimberly A and Argenta Timothy F
Bought by
Fox Alayna and Fox Casey
Seller's Agent
Jason Land
Jason Land Realty
Buyer's Agent
Gretchen Ball
Keller Williams Professionals
List Price
$299,000
Sold Price
$334,000
Premium/Discount to List
$35,000
11.71%
Views
26
Current Estimated Value
$338,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,158
Avg. Annual Appreciation
1.29%
Original Mortgage
$267,200
Outstanding Balance
$259,910
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$84,096

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 24, 2021
Sold by
Douglas Erik M
Bought by
Argenta Timothy F and Argenta Kimberly A
Seller's Agent
Stacey Enos
Mosaic Community Lifestyle Realty
Buyer's Agent
Jennifer Merrell
RE/MAX Land of the Waterfalls
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.15%

Purchase Details

Closed on
Nov 2, 2020
Sold by
Sales Florence S and Sales William S
Bought by
Douglas Erik M

Purchase Details

Closed on
Jun 24, 2011
Sold by
Stepp Mary Louise
Bought by
Stepp Mary Louise and Stafford Cora S
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 Type Sale Price Title Company
Warranty Deed $334,000 None Listed On Document
Warranty Deed $175,000 None Available
Warranty Deed $100,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $267,200 New Conventional
Previous Owner $25,299 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $334,000 +11.7% $415 / Sq Ft
04/20/2023 04/20/23 For Sale $299,000 +70.9% $371 / Sq Ft
05/24/2021 05/24/21 Sold $175,000 -5.4% $236 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $185,000 -- $250 / 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
2024 $1,457 $173,800 $41,900 $131,900
2023 $1,457 $107,200 $41,900 $65,300
2022 $851 $107,200 $0 $0
2021 $851 $107,200 $0 $0
2020 $799 $92,800 $0 $0
2019 $799 $92,800 $0 $0
2018 $400 $92,800 $0 $0
2017 $404 $73,100 $0 $0
2016 $358 $73,100 $0 $0
2015 $358 $73,100 $0 $0
2014 $358 $73,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3730416

Canopy MLS (Canopy Realtor® Association)

APN: 0609-75-9892-00000