NOT LISTED FOR SALE

3 Settings Blvd Unit 34 Black Mountain, NC 28711

Estimated Value: $58,000 - $732,000

0.77 Acre
$390,477 Price per Acre
33,541 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $44,500

Est. 576% increase in value since last sale

Current estimated payment $1,796/month

582 Days on Market

Highlights

  • Clubhouse
  • Corner Lot
  • Trails
  • Wooded Lot
  • Community Playground
  • High Speed Internet

About This Lot

As of August 2022

.77 acre point lot near gated entrance to The Settings of Black Mountain residential community. Easy access with gentle rise to building site. Long range, northwestern mountain views with clearing. Abundant rhododendrons and hardwoods. Short walk to community clubhouse, gardens and trail system. Lot adjoins common area green space. All underground utilities including fiber optic. Sidewalks and curbing. Community amenities include large clubhouse with conference room, fireplace, multiple decks and porches for residents' use. Playground and established trail system. Conveniently located 5 minutes to Black Mountain and 20 minutes to Asheville. Offered below tax assessed value. Owner is NC real estate broker.

Last Agent to Sell the Property

Tim Harrison

Whitney Commercial Real Estate License #199822 Listed on: 01/26/2021

Last Buyer's Agent

Sara McGee

GreyBeard Realty License #328127

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 215 x 194 x 241 x 138
  • Property fronts a state road
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned CR1, CR1

HOA Fees

  • $108 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0618-47-6960-00000

Community Details

Overview

  • First Svc Residential Association, Phone Number (704) 527-2314
  • The Settings Of Black Mountain Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 57792.21
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Maintained Road, State Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Exterior Features: Underground Power Lines, Wired Internet Available, Other
  • Tax Location: Black Mountain
  • Wooded Acres: 0.77
  • Waterfront Elevation: 2500

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Fiber Optics, Natural Gas Available, Telephone On-Site, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Playground, Sidewalks, Walking Trails
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: First Svc Residential
  • Phone: 704-527-2314
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required
  • HOA Email: Joanne.Blank@fsresidential.com
  • CAR_YearlyHOAExpense: 1300.00

Lot Info

  • Lot Features: Corner Lot, Long Range View, Mountain View, Paved, Sloped, Views, Wooded
  • Lot Size Area: 0.77
  • Lot Size Units: Acres
  • Parcel Number: 0618-47-6960-00000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 0096 / 016
  • Cleared Acres: 0.00
  • Lot Size: 215 x 194 x 241 x 138
  • Zoning Description: CR1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.64721

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Aug 30, 2022
Sold by
William Harrison Timothy and Murray Carol
Bought by
Scheel Sharon Lyn
Seller's Agent
Tim Harrison
Whitney Commercial Real Estate
Buyer's Agent
Sara McGee
GreyBeard Realty
List Price
$69,000
Sold Price
$44,500
Premium/Discount to List
-$24,500
-35.51%
Views
9
Current Estimated Value
$300,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,167
Avg. Annual Appreciation
89.05%

Purchase Details

Listed on
Aug 10, 2016
Closed on
Apr 23, 2018
Sold by
Thru Hiker Properties Llc
Bought by
Harrison Timothy William and Harrison Carol Murray
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Tim Harrison
Whitney Commercial Real Estate
List Price
$56,000
Sold Price
$39,500
Premium/Discount to List
-$16,500
-29.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%

Purchase Details

Listed on
Oct 24, 2014
Closed on
Aug 6, 2015
Sold by
Bowen Hardy Benjamin Stuart and Bowen Hardy Barbara
Bought by
Thru Hiker Properties Llc
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Apr 27, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Bowen Hardy Benjamin Stuart and Bowen Hardy Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Scheel Sharon Lyn $44,500 None Listed On Document
Harrison Timothy William $39,500 None Available
Thru Hiker Properties Llc $32,000 Attorney
Bowen Hardy Benjamin Stuart $250,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Hardy Benjamin Stuart $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $44,500 -10.8% --
05/18/2022 05/18/22 Price Changed $49,900 -15.4% --
06/28/2021 06/28/21 Price Changed $59,000 -14.5% --
01/26/2021 01/26/21 For Sale $69,000 +74.7% --
04/30/2018 04/30/18 Sold $39,500 -29.5% --
02/12/2018 02/12/18 Pending -- -- --
08/10/2016 08/10/16 For Sale $56,000 +75.0% --
08/07/2015 08/07/15 Sold $32,000 -19.8% --
07/08/2015 07/08/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $39,900 -- --
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 -- $77,100 $77,100 --
2023 $631 $77,100 $77,100 $0
2022 $612 $77,100 $0 $0
2021 $612 $77,100 $0 $0
2020 $664 $77,100 $0 $0
2019 $664 $77,100 $0 $0
2018 $664 $77,100 $0 $0
2017 $652 $66,600 $0 $0
2016 $652 $66,600 $0 $0
2015 $652 $66,600 $0 $0
2014 $652 $66,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3702345

Canopy MLS (Canopy Realtor® Association)

APN: 0618-47-6960-00000