NOT LISTED FOR SALE

31 Spring Acres Ln Black Mountain, NC 28711

Estimated Value: $313,058 - $430,000

3 Beds
2 Baths
1,547 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $204,000 $132 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,059/month

240 Days on Market

Highlights

  • Wooded Lot
  • Trails
  • Wood Burning Fireplace
  • Separate Outdoor Workshop
  • Level Lot
  • Carpet

About This Home

As of March 2018

Nice private retreat for full-time living or summer home getaway. Nestled among mountain laurels and hardwoods. You can enjoy the sound of the Broad River, birds and other wildlife in their natural habitat from either level on the spacious decks.. Located 20 minutes from Black Mountain or Lake Lure makes this home a great investment for short term rentals. Beautiful Stone Mason wood-burning fireplaces on both levels of home.

Last Agent to Sell the Property

Chrissie Miller

EXP Realty LLC License #266653 Listed on: 06/24/2017

EXP Realty LLC

Last Buyer's Agent

Renee Seigler

Keller Williams Professionals License #209902

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Bonus Room with Fireplace

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Well

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 0625-87-7050-00000

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92769
  • Ratio Close Price By Original Li: 0.88696
  • Ratio Current Price By Acre: 118604.65
  • Ratio Current Price By Sq Ft: 131.87
  • Year Built: 1985
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Bonus Room, FAMILYRM, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Basement, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 663
  • Main Level Sq Ft: 884
  • Total Sq Ft: 1547

Exterior Features

  • Construction: Concrete Block, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Workshop, Shed(s), Satellite Internet Available
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Driveway, Parking Space - 3

Utilities

  • Heating: Electric Baseboard Heat, Wall Unit - AC
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Walking Trails

Lot Info

  • Lot Features: Mountain View, Level, Sloping, Winter View, Wooded, Year Round View
  • Parcel Number: 0625-87-7050-00000
  • Plat Book Slide: 0053/0119
  • Zoning: Residential
  • Zoning Specification: OU

Tax Info

  • Tax Value: 132500.00
  • Tax Amount Ncm: 960.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2017
Closed on
Mar 23, 2018
Sold by
Knight Teresa
Bought by
Vaughan Jo Ann and Vaughan Charles F
Seller's Agent
Chrissie Miller
EXP Realty LLC
Buyer's Agent
Renee Seigler
Keller Williams Professionals
List Price
$230,000
Sold Price
$204,000
Premium/Discount to List
-$26,000
-11.3%
Current Estimated Value
$376,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,265
Avg. Annual Appreciation
8.39%
Original Mortgage
$183,600
Outstanding Balance
$157,293
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$218,972

Purchase Details

Listed on
Aug 29, 2014
Closed on
Sep 30, 2015
Sold by
Pennington Harold D
Bought by
Knight Teresa
Seller's Agent
David Caulder
Caulder Realty & Land Co.
Buyer's Agent
Laurie Neal
ROOST Real Estate
List Price
$149,500
Sold Price
$140,000
Premium/Discount to List
-$9,500
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%
Original Mortgage
$50,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Vaughan Jo Ann $204,000 None Available
Knight Teresa $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughan Jo Ann $183,600
Previous Owner Knight Teresa $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2018 03/23/18 Sold $204,000 -11.3% $132 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
06/24/2017 06/24/17 For Sale $230,000 +64.3% $149 / Sq Ft
09/30/2015 09/30/15 Sold $140,000 -6.4% $90 / Sq Ft View Prior Sale
08/20/2015 08/20/15 Pending -- -- --
08/29/2014 08/29/14 For Sale $149,500 -- $97 / 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 $1,073 $158,400 $15,700 $142,700
2024 $1,073 $158,400 $30,700 $127,700
2023 $1,073 $158,400 $30,700 $127,700
2022 $1,026 $158,400 $0 $0
2021 $1,026 $158,400 $0 $0
2020 $913 $132,500 $0 $0
2019 $913 $132,500 $0 $0
2018 $913 $132,500 $0 $0
2017 $900 $129,000 $0 $0
2016 $960 $129,000 $0 $0
2015 $984 $132,200 $0 $0
2014 $984 $132,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3295340

Canopy MLS (Canopy Realtor® Association)

APN: 0625-87-7050-00000