NOT LISTED FOR SALE

340 McCoy Cove Rd Black Mountain, NC 28711

Estimated Value: $366,000 - $460,000

2 Beds
2 Baths
1,065 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $161,500 $152 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,373/month

247 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Walk-In Closet
  • Vaulted Ceiling
  • Fireplace
  • Front Green Space

About This Home

As of October 2014

Move right into this charming rare find in Black Mountain with new detached garage/shop. Owner job relocation brings this great home to the market just prior to total renovation completion. The interior holds the charm of 1940s construction with an updated feel in the right places. Wood floors, heat pump, and the wood stove keep this home comfortable all year.

Last Agent to Sell the Property

Scott McKenzie

Carolina Mountain Sales License #271578 Listed on: 01/16/2014

Carolina Mountain Sales

Last Buyer's Agent

Alejo Rottenberg

GreyBeard Realty License #280112

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 1940

Lot Details

  • Front Green Space
  • Fenced
  • Level Lot

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Asbestos Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Wood Burning Stove
  • Crawl Space
  • Attic Fan
  • Storm Doors

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0619-78-8198-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,488

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.97938
  • Ratio Close Price By Original Li: 0.95056
  • Ratio Current Price By Acre: 621153.85
  • Ratio Current Price By Sq Ft: 151.64
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Equipment: Ceiling Fan(s), Electric Range, Refrigerator, Washer Connection, Electric Oven
  • Fireplace Description: Woodstove
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Fan, Cable Available, Vaulted Ceiling, Walk-In Closet(s), Garage Shop
  • Room Count: 2
  • Main Level Sq Ft: 1065
  • Total Sq Ft: 1065

Exterior Features

  • Construction: Asbestos, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Woodstove
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Mountain View, Green Area, Level
  • Lot Size Area: 0.260
  • Parcel Number: 0619-78-8198-00000
  • Plat Reference Section Pages: 4731
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
Oct 20, 2014
Sold by
Demchak Adam A and Demchak Courtney
Bought by
Slack Collins David N and Slack Collins Alice
Seller's Agent
Scott McKenzie
Carolina Mountain Sales
Buyer's Agent
Alejo Rottenberg
GreyBeard Realty
List Price
$169,900
Sold Price
$161,500
Premium/Discount to List
-$8,400
-4.94%
Current Estimated Value
$409,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,395
Avg. Annual Appreciation
8.82%
Original Mortgage
$129,200
Outstanding Balance
$99,305
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$310,590

Purchase Details

Closed on
Oct 15, 2009
Sold by
Avila David R and Avila Shawn Marie
Bought by
Demchak Adam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,204
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2002
Sold by
Treadaway D H Reid and Dooley Nancy C
Bought by
Avila David R and Avila Shawn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7%
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
Slack Collins David N $161,500 None Available
Demchak Adam A $157,000 None Available
Avila David R $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slack Collins David N $129,200
Previous Owner Demchak Adam A $160,204
Previous Owner Avila David R $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2014 10/20/14 Sold $161,500 -4.9% $152 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $169,900 -- $160 / 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 $2,488 $296,700 $37,200 $259,500
2024 $2,488 $296,700 $37,200 $259,500
2023 $2,488 $296,700 $37,200 $259,500
2022 $2,356 $296,700 $37,200 $259,500
2021 $2,356 $296,700 $0 $0
2020 $1,779 $206,500 $0 $0
2019 $1,779 $206,500 $0 $0
2018 $1,779 $206,500 $0 $0
2017 $1,800 $141,800 $0 $0
2016 $1,388 $141,800 $0 $0
2015 $1,388 $141,800 $0 $0
2014 $1,385 $141,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM554119

Canopy MLS (Canopy Realtor® Association)

APN: 0619-78-8198-00000