NOT LISTED FOR SALE

31 Madelyn Ln Fairview, NC 28730

Estimated Value: $810,000 - $1,199,000

3 Beds
3.5 Baths
3,661 Sq Ft
$267/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $758,000 $207 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,590/month

10 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Wood Flooring
  • Fairview Elementary School Rated A-
  • Transitional Architecture
  • Fireplace

About This Home

As of September 2021

A spacious charmer in a well-established Fairview community with quick access to downtown Asheville via Hwy 74. Home is on a 3 BR septic, but has an upstairs bonus room with closet. The spacious Master has a dual-faced gas fireplace, so enjoy a cozy relaxation nook in the bedroom or soak in the tub with a good book as the fire crackles! Each level has its own gathering/bonus space, so this home has an incredible flexibility to meet any buyer's needs or intersts. Chefs will enjoy the updated open plan kitchen with Fisher & Paykel 5-burner gas range. With a deck that spans the entire rear elevation of the home, this cul-de-sac property backs up to a wood to provide the ultimate in privacy. A fenced yard for the kids or furbabies, as well as an expansive side yard that is surrounded by mature landscaping make this home an outdoor delight. Abundant storage throughout. This one is a FOREVER home!

Last Agent to Sell the Property

Suzanne Devane

Asheville Realty Group License #292294 Listed on: 06/10/2021

Last Buyer's Agent

Sandy & Ron Blair

Coldwell Banker Advantage License #216711

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Window Treatments

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9686-11-5910-00000

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.01067
  • Ratio Close Price By Original Li: 1.01067
  • Ratio Current Price By Acre: 1222580.65
  • Ratio Current Price By Sq Ft: 207.05
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Block
  • Upper Level Sq Ft: 1489
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Screen Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Hood, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Gas Vented, Great Room, Primary Bedroom, See Thru
  • Fireplace: Yes
  • Fixture Exception Description: Pheasant light fixture in breakfast nook area
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Open Floorplan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 883
  • Main Level Sq Ft: 1289
  • Total Sq Ft: 3661

Exterior Features

  • Construction: Brick Partial, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - Heat, Humidifier, Multizone A/C
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Propane

Condo/Co-op/Association

  • Association Fee: 350.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Fairview
  • Middle School: Cane Creek
  • High School: AC Reynolds

Lot Info

  • Lot Features: Cul-de-sac Lot, Green Area, Level, Paved Frontage, Private, Trees
  • Lot Size Area: 0.620
  • Parcel Number: 9686-11-5910-00000
  • Zoning Specification: OU

Tax Info

  • Tax Value: 572000.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 31, 2021
Sold by
Harry Philip Scott and Harry Sondra Brosofske
Bought by
Brown Eric and Brown Lauren
Seller's Agent
Suzanne Devane
Asheville Realty Group
Buyer's Agent
Sandy & Ron Blair
Coldwell Banker Advantage
List Price
$750,000
Sold Price
$758,000
Premium/Discount to List
$8,000
1.07%
Current Estimated Value
$976,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,141
Avg. Annual Appreciation
6.40%
Original Mortgage
$746,000
Outstanding Balance
$677,791
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$298,350

Purchase Details

Listed on
Apr 29, 2018
Closed on
Jun 21, 2018
Sold by
Bernstein Duncan Zane M and Duncan Judy Leah
Bought by
Brosofske Harry Philip Scott and Brosofske Harry Sondra
Seller's Agent
Karon Korp
Asheville Realty Group
Buyer's Agent
Suzanne Devane
Asheville Realty Group
List Price
$582,000
Sold Price
$582,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$582,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2008
Sold by
Carter Wayne C and Carter Rebecca W
Bought by
Duncan Zane M Berstein and Duncan Judy Leah

Purchase Details

Closed on
Jun 27, 2003
Sold by
Constructive Designs Inc
Bought by
Carter Wayne C and Carter Rebecca W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.43%
Mortgage Type
Unknown
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
Brown Eric $758,000 None Available
Brosofske Harry Philip Scott $582,000 None Available
Duncan Zane M Berstein $487,500 None Available
Carter Wayne C $416,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Eric $746,000
Previous Owner Brosofske Harry Philip Scott $582,000
Previous Owner Carter Wayne C $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $758,000 +1.1% $207 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $750,000 +28.9% $205 / Sq Ft
06/25/2018 06/25/18 Sold $582,000 0.0% $161 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/29/2018 04/29/18 For Sale $582,000 -- $161 / 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 $4,620 $615,700 $73,900 $541,800
2024 $4,620 $681,800 $73,900 $607,900
2023 $4,620 $681,800 $73,900 $607,900
2022 $4,316 $681,800 $0 $0
2021 $4,311 $681,100 $0 $0
2020 $3,855 $572,000 $0 $0
2019 $3,855 $572,000 $0 $0
2018 $3,257 $505,800 $0 $0
2017 $3,257 $451,100 $0 $0
2016 $3,198 $451,100 $0 $0
2015 $3,198 $451,100 $0 $0
2014 $3,198 $451,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3738141

Canopy MLS (Canopy Realtor® Association)

APN: 9686-11-5910-00000