NOT LISTED FOR SALE

Estimated Value: $1,246,103 - $1,523,000

4 Beds
3 Baths
3,200 Sq Ft
$428/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $835,000 $261 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,990/month

69 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • Asheville High Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of July 2018

Magnificent mid century custom lakefront home designed by modernist architect Lawrence Traber with 3,200 sf, 4 bedrooms, 3 baths, & in-law suite. Home is perfectly sited on oversized 0.55 acre lot providing panoramic views of Beaver Lake & the Elk Mountain range. Wake up to sunrise over the lake! Enjoy easy main level living & the convenience of using the lakefront trail to walk to the bird sanctuary, library, and North Asheville restaurants & grocery stores. Or drive 3 min to UNCA or 5 min to downtown. Main level includes lakefront master suite, 2 guest bedrooms, eat in kitchen, family room, lakefront living & dining rooms, and over 1,300 sf of decks & covered porches. Lower level includes 2nd family room, 1 bedroom in-law suite, lakefront patio, laundry, shop, & storage. 0.55 acre property is thoughtfully designed by landscape architect Doan Ogden providing terrace gardens with year round blooms, expansive flagstone patio, koi pond, and sunny green lawn with fenced portion for pets.

Last Agent to Sell the Property

William Yeager

Mosaic Community Lifestyle Realty License #281243 Listed on: 03/09/2018

Mosaic Community Lifestyle Realty

Last Buyer's Agent

Timothy Bosonetto

Allen Tate/Beverly-Hanks Asheville-North License #185510

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • Level Lot
  • Open Lot

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Modern Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Oven

Flooring

  • Wood
  • Tile

Utilities

  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 9740-14-6156-00000

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary, Modern, Ranch
  • Ratio Close Price By List Price: 0.95429
  • Ratio Close Price By Original Li: 0.92881
  • Ratio Current Price By Acre: 1518181.82
  • Ratio Current Price By Sq Ft: 260.94
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished, Block, Concrete
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Logs, Living Room, Rec Room
  • Flooring: Tile, Wood
  • Interior Amenities: Basement Shop, Built-Ins, Cable Available, Open Floorplan, Vaulted Ceiling
  • Laundry Location: Basement
  • Room Count: 2
  • Second Living Quarters: Interior Connected
  • Sq Ft Basement: 1100
  • Main Level Sq Ft: 2100
  • Total Sq Ft: 3200
  • Sq Ft Unheated Basement: 214
  • Sq Ft Unheated Total: 214

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Basement, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Asheville City
  • Middle School: Asheville
  • High School: Asheville

Lot Info

  • Lot Features: Lake Access, Level, Long Range View, Mountain View, Open Lot, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.550
  • Parcel Number: 9740-14-6156-00000
  • Zoning Specification: Res

Tax Info

  • Tax Value: 671700.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Jun 28, 2018
Sold by
Horrigan Michael John and Horrigan Mary Kathleen
Bought by
Eramo John J and Eramo Lynne R
Seller's Agent
William Yeager
Mosaic Community Lifestyle Realty
Buyer's Agent
Timothy Bosonetto
Allen Tate/Beverly-Hanks Asheville-North
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Current Estimated Value
$1,371,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,026
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Schramek Gregory and Schramek Donna
Bought by
Horrigan Michael John and Horrigan Mary Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 1996
Sold by
Fligel John C
Bought by
Michael and Michael
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
Eramo John J $835,000 None Available
Horrigan Michael John $635,000 None Available
Michael $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horrigan Michael John $417,000
Previous Owner Cowan Gary L $344,500
Previous Owner Cowan Gary L $341,600
Previous Owner Cowan Gary L $238,700
Previous Owner Cowan Gary L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $835,000 -4.6% $261 / Sq Ft
05/20/2018 05/20/18 Price Changed $875,000 -2.7% $273 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $899,000 -- $281 / 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 -- $839,500 $139,000 $700,500
2023 $8,216 $815,700 $139,000 $676,700
2022 $8,134 $815,700 $0 $0
2021 $8,134 $815,700 $0 $0
2020 $7,910 $733,800 $0 $0
2019 $7,910 $733,800 $0 $0
2018 $7,240 $671,700 $0 $0
2017 $7,307 $500,500 $0 $0
2016 $6,151 $500,500 $0 $0
2015 $6,151 $500,500 $0 $0
2014 $6,076 $500,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3367489

Canopy MLS (Canopy Realtor® Association)

APN: 9740-14-6156-00000