NOT LISTED FOR SALE

318 Chapman Rd Black Mountain, NC 28711

Montreat Area

Estimated Value: $714,000 - $815,000

5 Beds
3 Baths
2,429 Sq Ft
$323/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2023

Last sale price $775,000 $319 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,602 / mo

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Burning Stove
  • Wooded Lot
  • Deck
  • Hilly Lot
  • Traditional Architecture

About This Home

As of October 2023

Your mountain retreat is in Montreat! Solid, well-built 5 bedroom home built in 1988. Three levels, including a finished basement with exterior access. Stair access only into the house. Make some updates and this can be your family's year-round or vacation home for generations to come! Short-term rentals are allowed, so AirBNB and VRBO are an option! Property is private and quiet, with incredible Montreat town amenities a stones throw away: Montreat College and Conference Center, Lake Susan, endless hiking and walking trails, parks, playground, tennis courts, rock hopping in Flat Creek - if you know Montreat, you already know all of this is here - all less than 10 minutes to downtown Black Mountain, and 20 minutes to Asheville!

Last Agent to Sell the Property

Matt Lutz

GreyBeard Realty Brokerage Email: matt@greybeardrealty.com License #304270 Listed on: 09/15/2023

Last Buyer's Agent

Mike Roberts

Fathom Realty NC LLC License #297584

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Front Green Space
  • Steep Slope
  • Hilly Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Living Room with Fireplace
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Bathroom
  • Washer and Dryer

Attic

  • Attic Fan
  • Walk-In Attic

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Workshop
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Underground Utilities
  • Power Generator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0720-05-1121-00000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0.27 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Traditional
  • Year Built: 1988
  • Restrictions: Short Term Rental Allowed
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 319.06
  • Geocode Confidence: High
  • Attribution Contact: matt@greybeardrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Attic Walk In, Cable Prewire, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 992
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 63
  • Sq Ft Unheated Total: 63
  • Sq Ft Upper: 992
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Exhaust Hood, Freezer, Oven, Refrigerator, Washer, Washer/Dryer
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 1984
  • Has Basement: Basement Garage Door, Basement Shop, Bath/Stubbed, Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 445
  • Door Features: Screen Door(s)
  • Fireplace Features: Living Room, Wood Burning, Wood Burning Stove
  • Living Area: 2429
  • Window Features: Window Treatments
  • Bedroom Main: 1
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Shingle, Composition
  • Construction Type: Site Built
  • View: Winter
  • Waterfront Features: None
  • Exclusions: Window A/C unit in primary bedroom
  • Construction Type: Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, On Street

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Bathroom, Inside, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Attic Fan
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Phone Connected, Satellite Internet Available, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Green Area, Hilly, Sloped, Steep Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 0720-05-1121-00000
  • Zoning: R-1
  • Plat Book Slide: 16/94
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 13, 2023
Sold by
Bought by
Seller's Agent
Matt Lutz
GreyBeard Realty
Buyer's Agent
Mike Roberts
Fathom Realty NC LLC
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Views
19
Current Estimated Value
$784,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,959
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$775,000 None Listed On Document
$500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $150,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $775,000 -3.0% $319 / Sq Ft
09/15/2023 09/15/23 For Sale $799,000 -- $329 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,508 $359,600 $127,600 $232,000
2024 $3,508 $332,700 $127,600 $205,100
2023 $3,508 $331,400 $127,600 $203,800
2022 $3,397 $331,400 $0 $0
2021 $3,397 $331,400 $0 $0
2020 $3,527 $326,900 $0 $0
2019 $3,462 $326,900 $0 $0
2018 $3,462 $326,900 $0 $0
2017 $3,426 $317,600 $0 $0
2016 $3,535 $317,600 $0 $0
2015 $3,535 $317,600 $0 $0
2014 $3,535 $317,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Lutz

    Seller's Agent in 2023

    Matt Lutz

    GreyBeard Realty

    (917) 204-3134

    37 Total Sales

    Matt Lutz
    Section Image
  • Mike Roberts

    Buyer's Agent in 2023

    Mike Roberts

    Fathom Realty NC LLC

    (704) 966-9823

    80 Total Sales

    Mike Roberts
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4064712

Canopy MLS

APN: 0720-05-1121-00000

North Carolina Buncombe County Black Mountain 28711

318 Chapman Rd, Black Mountain, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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