NOT LISTED FOR SALE

3 Fates Overlook Loop Black Mountain, NC 28711

Estimated Value: $1,120,000 - $1,717,000

1.08 Acres
$1,364,239 Price per Acre
47,045 Sq Ft Lot

Last Sold September 06, 2019

Last sale price $64,000

Est. 2,202% increase in value since last sale

Current estimated payment $8,935/month

786 Days on Market

Highlights

  • Gated Community
  • Private Lot
  • Many Trees
  • Clubhouse
  • Community Playground

About This Lot

As of September 2019

Build your dream home in the perfect "Settings"...The Settings of Black Mountain. A beautifully designed gated community at the base of the Continental Divide. Located w/in minutes of downtown Black Mountain, this community provides easy access to I-40, offering a mere 15 min drive to downtown Asheville. Cheshire Village is nearby, as is the Cheshire Racquet & Fitness Club. This 1.08 acre corner lot has a nice level building site, surrounded by trees for that tucked away feeling of privacy. For winter time pics, view goo.gl/pE2S4q

Last Listed By

Shane Peters

Mosaic Community Lifestyle Realty License #288790 Listed on: 05/10/2017

Property Details

Property Type

  • Land

Year Built

  • 2022

Lot Details

  • Private Lot
  • Corner Lot
  • Open Lot
  • Many Trees
  • Property is zoned Residential Acreage

HOA Fees

  • $96 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 0618-46-2234-00000

Community Details

Overview

  • The Settings Of Black Mountain Association

Recreation

  • Community Playground

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Year Built

2022

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.81013
  • Ratio Close Price By Original Li: 0.64000
  • Ratio Current Price By Acre: 59259.26
  • Restrictions: Architectural Review, Manufactured Home Not Allowed
  • Special Features: None
  • Year Built (Public Record): 2022

Exterior Features

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

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Playground, Sidewalk, Street Lights
  • Association Fee: 1150.00
  • Association Fee Frequency: Annually
  • HOA Management Company: The Settings of Black Mountain
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Corner Lot, Long Range View, Mountain View, Open Lot, Paved Frontage, Private, Sloping, Trees, Views, Winter View, Year Round View
  • Lot Size Area: 1.080
  • Parcel Number: 0618-46-2234-00000
  • Zoning: Residential Acreage
  • Zoning Specification: CR-1
  • Plat Reference Section Pages: 387

Tax Info

  • Tax Value: 69800.00
  • Tax Amount Ncm: 683.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Aug 30, 2019
Sold by
Johnson Steven C and Johnson Dona E
Bought by
Dragon Amy Louise and Dragon Glen Alan
Seller's Agent
Shane Peters
Mosaic Community Lifestyle Realty
Buyer's Agent
Wes Hight
Allen Tate/Beverly-Hanks Fletcher
List Price
$100,000
Sold Price
$64,000
Premium/Discount to List
-$36,000
-36%
Total Days on Market
786
Current Estimated Value
$1,473,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,409,378
Avg. Annual Appreciation
73.37%

Purchase Details

Closed on
Mar 16, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Johnson Steven C and Johnson Dona E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,819
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

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
Dragon Amy Louise $64,000 None Available
Johnson Steven C $261,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dragon Amy Louise $250,000
Open Dragon Glen Alan $1,000,000
Previous Owner Johnson Steven C $234,819
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $64,000 -19.0% --
07/05/2019 07/05/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $79,000 -11.7% --
07/23/2018 07/23/18 Price Changed $89,500 -10.5% --
05/10/2017 05/10/17 For Sale $100,000 -- --
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
2023 $8,045 $407,400 $89,700 $317,700
2022 $712 $89,700 $0 $0
2021 $712 $89,700 $0 $0
2020 $773 $89,700 $0 $0
2019 $773 $89,700 $0 $0
2018 $773 $89,700 $0 $0
2017 $782 $69,800 $0 $0
2016 $683 $69,800 $0 $0
2015 $683 $69,800 $0 $0
2014 $683 $69,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3277582

Canopy MLS (Canopy Realtor® Association)

APN: 0618-46-2234-00000