$105,000
SOLD MAR 28, 2025
0.88 Acre
$119,318 Price per Acre
38,333 Sq Ft Lot

Recently Sold

36% Below List Price

250 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Front Green Space
  • West Buncombe Elementary Rated A-
  • Recreation Facilities
  • Trails

About This Lot

As of March 2025

Exceptional value, priced below county assessment. Discover the perfect blend of rural charm and modern conveniences with this .88-acre corner lot in a premier farm-to-table neighborhood, less than 9 miles from downtown Asheville. Nestled in vibrant community of Olivette, this lot offers access to a riverfront park, pavilion, labyrinth, miles of interior hiking trails, and community gardens and orchards. Enjoy fresh, local produce from the farmstand and the 20-week Olivette Farm CSA program. This is an unparalleled opportunity to build your dream home in a setting that combines sustainable living with close proximity to Asheville’s renowned arts, culture, and culinary scenes.

Last Agent to Sell the Property

Amy Wilson

Homespun Investment Realty Inc Brokerage Email: amyasheville@gmail.com License #272387 Listed on: 06/25/2024

Last Buyer's Agent

Amy Wilson

Homespun Investment Realty Inc Brokerage Email: amyasheville@gmail.com License #272387 Listed on: 06/25/2024

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a state road
  • Front Green Space
  • Corner Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned MV

HOA Fees

  • $204 Monthly HOA Fees

Schools

  • West Buncombe/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Underground Utilities
  • Septic Needed
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9721-72-1501-00000

Community Details

Overview

  • Community Association Management Association
  • Olivette Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Square Feet
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: amyasheville@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • View: Long Range
  • Other Structures: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Phone Connected, Underground Utilities, Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Recreation Area, Walking Trails, Other
  • Association Fee: 1225
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Community Association Management
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Annual Expense: 2450.00

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Green Area, Level, Open Lot, Wooded
  • Lot Size Area: 0.88
  • Lot Size Units: Acres
  • Parcel Number: 9721-72-1501-00000
  • Zoning: MV
  • Plat Book Slide: 148-163
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: MV

MLS Schools

  • Elementary School: West Buncombe/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Mar 6, 2025
Sold by
First Troy Spe Llc
Bought by
Land Haven Llc
Seller's Agent
Amy Wilson
Homespun Investment Realty Inc
Buyer's Agent
Amy Wilson
Homespun Investment Realty Inc
List Price
$165,000
Sold Price
$105,000
Premium/Discount to List
-$60,000
-36.36%
Views
35
Current Estimated Value
$183,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,199
Avg. Annual Appreciation
276.32%

Purchase Details

Closed on
Jun 14, 2021
Sold by
Formichella Jennifer Belter
Bought by
First Troy Spe Llc

Purchase Details

Closed on
Sep 5, 2018
Sold by
Olivette Development Llc
Bought by
Melissa O Neill Shane and Neill Melissa O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Special Warranty Deed $105,000 None Listed On Document
Deed $122,000 None Available
Deed $121,564 None Listed On Document
Special Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $105,000 -32.3% --
11/26/2024 11/26/24 Price Changed $155,000 -6.1% --
06/25/2024 06/25/24 For Sale $165,000 -- --
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 -- $193,900 $193,900 --
2023 $1,848 $193,900 $193,900 $0
2022 $1,848 $193,900 $0 $0
2021 $1,848 $193,900 $0 $0
2020 $1,937 $193,900 $0 $0
2019 $1,937 $193,900 $0 $0
2018 $1,821 $193,900 $0 $0
2017 $1,821 $72,000 $0 $0
2016 $741 $72,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4143872

Canopy MLS (Canopy Realtor® Association)

APN: 9721-72-1501-00000