NOT LISTED FOR SALE

32 Kings Mill Ct Unit 181 Biltmore Lake, NC 28715

Estimated Value: $1,102,000 - $1,256,000

4 Beds
4.5 Baths
4,167 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $689,000 $165 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,747/month

6 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Tennis Courts
  • Community Lake
  • Arts and Crafts Architecture
  • Attached Garage

About This Home

As of August 2018

Stunning and spacious home in the heart of all that Biltmore Lake offers AND on a quiet street. From morning light surprises through stained glass accents to every day ease with a flowing and open floorplan, this property is a rare mix of creative comfort and practical thoughtfulness. Master suite and three bedrooms upstairs offer private space, while the finished basement provides room to grow and adapt. The fully fenced back yard, fresh interior paint, new carpet upstairs and other recent upgrades make this house move-in ready today. Don't miss this opportunity to settle deeply into a home in every sense of the word!

Last Agent to Sell the Property

Sam Rule

Town and Mountain Realty License #294251 Listed on: 07/06/2018

Co-Listed By

Dianne Rule

Howard Hanna Beverly-Hanks Asheville-Downtown License #257130

Last Buyer's Agent

Sam Rule

Town and Mountain Realty License #294251 Listed on: 07/06/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Wooded Lot

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9617-30-5571-00000

Community Details

Overview

  • Biltmore Lake HOA
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$132 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.99294
  • Ratio Close Price By Original Li: 0.99294
  • Ratio Current Price By Acre: 1208771.93
  • Ratio Current Price By Sq Ft: 165.35
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Block, Crawl Space
  • Upper Level Sq Ft: 1493
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Cooktop Gas, Dishwasher, Microwave, Natural Gas, Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Cable Available, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1076
  • Main Level Sq Ft: 1598
  • Total Sq Ft: 4167

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Playground, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 395.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Biltmore Lake HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Hominy Valley/Enka
  • Middle School: Enka
  • High School: Enka

Lot Info

  • Lot Features: Sloping, Wooded
  • Lot Size Area: 0.570
  • Parcel Number: 9617-30-5571-00000
  • Plat Book Slide: 0088/0144
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 616200.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Nahimy Virginia and Nahimy Russell
Bought by
Palomares Matthew P and Palomares Amanda R
Current Estimated Value
$1,166,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$454,408
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$711,598

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 10, 2018
Sold by
Koons Joseph Zeek and Koons Tricia
Bought by
Nahirny Virginia and Nahirny Russell
Seller's Agent
Sam Rule
Town and Mountain Realty
Buyer's Agent
Sam Rule
Town and Mountain Realty
List Price
$693,900
Sold Price
$689,000
Premium/Discount to List
-$4,900
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$284,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2017
Closed on
Sep 7, 2017
Sold by
Bumgarner Katherine C and Bumgarner Charles David
Bought by
Koons Joseph Zeek and Koons Tricia
Seller's Agent
Lisa Jackson
Asheville Realty Group
Buyer's Agent
Dianne Rule
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$540,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2012
Closed on
Apr 16, 2013
Sold by
Tolan Gregory W and Tolan Aidree V
Bought by
Bumgarner Katherine C and Bumgarner Charles David
Buyer's Agent
Bill Pelleya
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$550,000
Sold Price
$527,000
Premium/Discount to List
-$23,000
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$200,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
My Biltmore Home Llc
Bought by
Tolan Gregory W and Tolan Aidree V

Purchase Details

Closed on
Sep 23, 2004
Sold by
Biltmore Farms Inc
Bought by
The Broadlands Co Llc
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 Buyer Sale Price Title Company
Palomares Matthew P $763,000 None Available
Palomares Matthew P $763,000 None Listed On Document
Nahirny Virginia $689,000 None Available
Koons Joseph Zeek $675,000 None Available
Bumgarner Katherine C $527,000 None Available
Tolan Gregory W $455,000 --
The Broadlands Co Llc $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palomares Matthew P $510,400
Closed Palomares Matthew P $510,400
Previous Owner Nahirny Virginia $284,000
Previous Owner Koons Joseph Zeek $540,000
Previous Owner Bumgarner Katherine C $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2018 08/22/18 Sold $689,000 -0.7% $165 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $693,900 +2.8% $167 / Sq Ft
09/07/2017 09/07/17 Sold $675,000 -3.4% $173 / Sq Ft View Prior Sale
08/14/2017 08/14/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $699,000 +32.6% $179 / Sq Ft
04/16/2013 04/16/13 Sold $527,000 -4.2% $135 / Sq Ft View Prior Sale
03/01/2013 03/01/13 Pending -- -- --
05/14/2012 05/14/12 For Sale $550,000 -- $141 / 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 $4,910 $770,100 $68,500 $701,600
2024 $4,910 $770,100 $68,500 $701,600
2023 $4,910 $770,100 $68,500 $701,600
2022 $4,567 $770,100 $0 $0
2021 $4,567 $770,100 $0 $0
2020 $4,008 $632,200 $0 $0
2019 $4,008 $632,200 $0 $0
2018 $3,814 $616,200 $0 $0
2017 $0 $512,000 $0 $0
2016 $3,553 $512,000 $0 $0
2015 $3,553 $512,000 $0 $0
2014 $3,553 $512,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3410645

Canopy MLS (Canopy Realtor® Association)

APN: 9617-30-5571-00000