NOT LISTED FOR SALE

31 Banks Town Rd Weaverville, NC 28787

Estimated Value: $310,000 - $449,000

2 Beds
2 Baths
1,265 Sq Ft
$302/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $350,000 $277 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,162/month

90 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Weaverville Elementary Rated A-
  • Covered Patio or Porch
  • Central Heating

About This Home

As of August 2022

Renovated Bungalow in great location. Steps to Lake Louise and Downtown Weaverville . 2/2 with separate office , open kitchen hardwood floors , awesome outdoor space with covered front porch , fenced yard , back deck overlooking Reems Creek. Convenient to I26& I40, Downtown Asheville and UNCA. STR is a possibility . Ceiling height under 7ft in some areas.

Last Agent to Sell the Property

Karen Gleason

Keller Williams Professionals License #167858 Listed on: 05/24/2022

Keller Williams Professionals

Last Buyer's Agent

Jon Corbin

Nest Realty Asheville License #173289

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 1938

Lot Details

  • Lot Has A Rolling Slope
  • Property is zoned R-3, R-3

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to stream, creek or river
  • Covered Patio or Porch

Schools

  • Weaverville/N. Windy Ridge Elementary School
  • North Buncombe Middle School
  • North Buncombe High School

Utilities

  • Central Heating
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 9742-13-2839-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,199

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1938
  • Ratio Current Price By Acre: 1296296.30
  • Road Surface Type: Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 276.68
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: None
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 875
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 490
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 490
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front
  • Fixture Exception Description: Range, Stove, Refrigerator, Microwave
  • Appliances: Ceiling Fan(s), Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 390
  • Living Area: 1265
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: Weaverville
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Gas Hot Air Furnace, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Complex Name: None

Schools

  • Middle Or Junior School: North Buncombe
  • HOA Subject To: None

Lot Info

  • Lot Features: Rolling Slope, Sloped, Creek/Stream
  • Lot Size Units: Acres
  • Parcel Number: 9742-13-2839-00000
  • Plat Book Slide: 000
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 000
  • RATIO List Price By Tax Amount: 1.44956

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Weaverville/N. Windy Ridge
  • High School: North Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 15, 2022
Sold by
Christine Dibenedetto
Bought by
Richards Randall L and Richards Deeana
Seller's Agent
Karen Gleason
Keller Williams Professionals
Buyer's Agent
Jon Corbin
Nest Realty Asheville
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%
Current Estimated Value
$378,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,095
Avg. Annual Appreciation
2.81%
Original Mortgage
$350,000
Outstanding Balance
$334,618
Interest Rate
5.51%
Mortgage Type
VA
Estimated Equity
$47,828

Purchase Details

Listed on
Sep 18, 2016
Closed on
Feb 13, 2017
Sold by
Miller Kevin R
Bought by
Dibenedetto Christine
Seller's Agent
Jason Hamlin
Century 21 Mountain Lifestyles
Buyer's Agent
Amy Giles
Town and Mountain Realty
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%
Original Mortgage
$105,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Nov 8, 2013
Sold by
Haney Earl L and Haney Henrietta Banks
Bought by
Miller Kevin R
Seller's Agent
Toby Davis
RE/MAX Results
Buyer's Agent
Tyler Elstrom
Keller Williams Professionals
List Price
$119,900
Sold Price
$116,500
Premium/Discount to List
-$3,400
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$118,877
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1999
Sold by
Banks Walter and Banks Walter Howard
Bought by
Lynch Freda Irene Banks and Haney Henrietta Banks
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 Buyer Sale Price Title Company
Richards Randall L $350,000 Goosmann Rose Colvard & Cramer
Dibenedetto Christine $140,000 None Available
Miller Kevin R $116,500 None Available
Lynch Freda Irene Banks -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Randall L $350,000
Previous Owner Dibenedetto Christine $105,000
Previous Owner Miller Kevin R $118,877
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $350,000 -6.7% $277 / Sq Ft
07/12/2022 07/12/22 Price Changed $375,000 -5.1% $296 / Sq Ft
06/07/2022 06/07/22 Price Changed $395,000 -7.1% $312 / Sq Ft
05/24/2022 05/24/22 For Sale $425,000 0.0% $336 / Sq Ft
05/08/2020 05/08/20 Rented $1,500 0.0% --
04/15/2020 04/15/20 For Rent $1,500 0.0% --
03/23/2017 03/23/17 Sold $140,000 -11.9% $111 / Sq Ft View Prior Sale
02/07/2017 02/07/17 Pending -- -- --
09/18/2016 09/18/16 For Sale $159,000 +36.5% $126 / Sq Ft
11/08/2013 11/08/13 Sold $116,500 -2.8% $82 / Sq Ft View Prior Sale
10/09/2013 10/09/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $119,900 -- $84 / 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 $2,199 $253,500 $37,500 $216,000
2024 $2,199 $253,500 $37,500 $216,000
2023 $2,199 $253,500 $37,500 $216,000
2022 $2,168 $258,700 $0 $0
2021 $2,168 $258,700 $0 $0
2020 $1,828 $201,100 $0 $0
2019 $1,064 $201,100 $0 $0
2018 $1,064 $201,100 $0 $0
2017 $760 $120,600 $0 $0
2016 $728 $120,600 $0 $0
2015 $704 $116,600 $0 $0
2014 $704 $116,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3862774

Canopy MLS (Canopy Realtor® Association)

APN: 9742-13-2839-00000