NOT LISTED FOR SALE

310 Flat Creek Rd Black Mountain, NC 28711

Estimated Value: $337,862

7.91 Acres
$42,713 Price per Acre
344,560 Sq Ft Lot

Last Sold October 10, 2022

Last sale price $300,000

Est. 13% increase in value since last sale

Current estimated payment $2,042/month

277 Days on Market

Highlights

  • 7.91 Acre Lot
  • Wooded Lot
  • Level Lot
  • Mountain View
  • No HOA

About This Lot

As of October 2022

Fantastic development opportunity within minutes of downtown Black Mountain. Possibility to build up to 11 homes.
City water and public sewer available. Sight evaluations have been completed and are part of the listing.

Last Agent to Sell the Property

Barclay Garnett

Dwell Realty Group Brokerage Email: barclay@dwellavl.com License #287219 Listed on: 12/03/2021

Co-Listed By

John Patson

Dwell Realty Group Brokerage Email: barclay@dwellavl.com License #288077

Last Buyer's Agent

Mary Crowe

Keller Williams Elite Realty License #328640

Keller Williams Elite Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,416

Lot Details

  • 7.91 Acre Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential, Subdevelopment
  • Property is zoned R-10

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0710-51-6587-00000

Property Details

Property Type

Land

Est. Annual Taxes

$2,416

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: Land
  • Attribution Contact: barclay@dwellavl.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Private Estate, Residential, Subdevelopment
  • Room Count: 0

Exterior Features

  • View: Long Range, Mountain(s), Winter, Year Round
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Flood Plain/Bottom Land, Level, Rolling Slope, Sloped, Wooded, Views
  • Lot Size Area: 7.91
  • Lot Size Units: Acres
  • Parcel Number: 0710-51-6587-00000
  • Zoning: R-10
  • Plat Book Slide: 0000/0000
  • Can Be Subdivided: 1
  • Lot Size Acres: 7.91
  • Lot Size Sq Ft: 344559
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Oct 5, 2022
Sold by
Black Mountain Building And Development
Bought by
Rainbow Terrace Llc
Seller's Agent
Barclay Garnett
Dwell Realty Group
Buyer's Agent
Mary Crowe
Keller Williams Elite Realty
List Price
$365,000
Sold Price
$300,000
Premium/Discount to List
-$65,000
-17.81%
Views
4
Current Estimated Value
$337,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,862
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Newsome Jane
Bought by
Black Mountain Building & Development Ll

Purchase Details

Closed on
Dec 2, 2005
Sold by
Newsome Jane
Bought by
Black Mountain Building Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,739
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1998
Sold by
Mcelreath Kenneth R and Mcelreath Alanda L
Bought by
Pearson Delores
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
Rainbow Terrace Llc $300,000 --
Black Mountain Building & Development Ll -- None Available
Black Mountain Building Development Llc $40,000 --
Pearson Delores $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Mountain Building Development Llc $39,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2022 10/10/22 Sold $300,000 -15.5% --
09/06/2022 09/06/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $355,000 -2.7% --
12/03/2021 12/03/21 For Sale $365,000 -- --
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
2023 $2,416 $288,100 $287,900 $200
2022 $1,903 $239,700 $0 $0
2021 $1,903 $239,700 $0 $0
2020 $1,362 $158,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3809707

Canopy MLS (Canopy Realtor® Association)

APN: 0710-51-6587-00000