NOT LISTED FOR SALE

315 Chapel Rd Black Mountain, NC 28711

Estimated Value: $143,000 - $417,000

1.23 Acres
$199,362 Price per Acre
53,579 Sq Ft Lot

Last Sold May 20, 2024

Last sale price $210,000

Est. 17% increase in value since last sale

Current estimated payment $1,416/month

17 Days on Market

About This Lot

As of May 2024

Build your dream home in Black Mountain! Minutes from downtown and two minutes to the Black Mountain Golf Course, and 3 minutes to Lake Tomahawk. With exceptional views of the 13,000 acre Asheville Watershed and Craggy Peak, this property will make an exceptional homesite. This property connects to city water and sewer, no drilling a well or digging a sewer, just draw up your plans and break ground! There is no POA or building style restrictions on this property (no dues no road maintenance agreement or shared driveway), let your imagination run wild! Picture yourself relaxing on your deck taking in the views of the Blue Ridge Mountains and Mt. Mitchell while you take that first sip of coffee in the morning or that relaxing glass of wine at the end of the day, it doesn't get much better than this!

Last Agent to Sell the Property

Marla Machado

LPT Realty, LLC Brokerage Email: marlasellsWNC@gmail.com License #310915 Listed on: 03/14/2024

LPT Realty, LLC

Last Buyer's Agent

Alec Cantley

Premier Sotheby’s International Realty License #271844

Premier Sotheby’s International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $979

Lot Details

  • Possible uses of the property include Residential
  • Property is zoned CR-1

Schools

  • Black Mountain Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Listing and Financial Details

  • Assessor Parcel Number 0700-70-6793-00000

Property Details

Property Type

Land

Est. Annual Taxes

$979

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Square Feet
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: marlasellsWNC@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.23
  • Lot Size Units: Acres
  • Parcel Number: 0700-70-6793-00000
  • Zoning: CR-1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CR-1

MLS Schools

  • Elementary School: Black Mountain
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Feb 18, 2019
Sold by
Smith Michael F and Smith Barbara J Perry
Bought by
Falls Ray Kenneth Lyle and Falls Ray Deborah
Seller's Agent
John Haynes
Retreat Realty, Ltd.
Buyer's Agent
Bethany Acker
Town and Mountain Realty
List Price
$189,900
Sold Price
$157,500
Premium/Discount to List
-$32,400
-17.06%
Current Estimated Value
$245,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,715
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Mar 15, 2016
Sold by
Nichols Harris David and Harris Mary Scroggin
Bought by
Smith Michael F and Smith Barbara J Perry

Purchase Details

Closed on
Nov 19, 1998
Sold by
Riddle Virginia S
Bought by
Harris David Nichols and Brown Mary Scroggin
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
Falls Ray Kenneth Lyle $157,500 None Available
Smith Michael F $107,000 None Available
Harris David Nichols $34,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $210,000 -16.0% --
03/14/2024 03/14/24 For Sale $250,000 +58.7% --
02/19/2019 02/19/19 Sold $157,500 -7.3% --
01/05/2019 01/05/19 Pending -- -- --
11/29/2018 11/29/18 Price Changed $169,900 -10.5% --
09/05/2018 09/05/18 For Sale $189,900 -- --
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 $979 $116,700 $116,700 --
2023 $979 $116,700 $116,700 $0
2022 $927 $116,700 $0 $0
2021 $927 $116,700 $0 $0
2020 $905 $105,100 $0 $0
2019 $905 $105,100 $0 $0
2018 $905 $105,100 $0 $0
2017 $0 $64,000 $0 $0
2016 $627 $64,000 $0 $0
2015 $627 $64,000 $0 $0
2014 $627 $64,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4118391

Canopy MLS (Canopy Realtor® Association)

APN: 0700-70-6793-00000