NOT LISTED FOR SALE

346 Mountain Falls Trail Black Mountain, NC 28711

Estimated Value: $1,184,000 - $1,497,000

4 Beds
4.5 Baths
4,548 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $740,000 $163 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,649/month

394 Days on Market

Highlights

  • Spa
  • Private Lot
  • Fireplace
  • Open Floorplan
  • Wood Flooring
  • Breakfast Bar

About This Home

As of July 2020

Here is the mountain log home you have been looking for! Located inside the gated Catawba Falls Preserve near Black Mountain with unbelievable Long range views at the headwaters of Catawba river. Totally Private setting, Bedrooms with en suites. Large soaring vaulted great room w/stone fireplace, huge chef kitchen(updated with new granite, lighting and range). Second story with two guest rooms en suite baths and loft area overlooking great room and views. Extensive wrap around deck for entertaining overlooking level back yard with privacy and VIEWS. Open floor plan features ton of natural light. Large laundry/ mud room with plenty of storage off two car garage. Recently installed metal roof, decks stained and exterior in great shape. Plenty of level yard and garden Family/Rec room entertaining on lower level. End of road privacy with lots of nature around. Large front deck. Lots of work has gone into the landscaping. Fenced vegetable garden. VRBO and AirBnB Short term rental allowed.

Last Agent to Sell the Property

Byron Greiner

Dwell Realty Group License #215646 Listed on: 04/11/2019

Last Buyer's Agent

Justin Purnell

EXP Realty LLC License #243753

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Home fronts a stream
  • Private Lot

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2

Home Design

  • Cabin
  • Slab Foundation
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven

Additional Features

  • Spa
  • Septic Tank

Community Details

  • Catawba Falls Preserve HOA

Listing and Financial Details

  • Assessor Parcel Number 0638-00-13-8691

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$88 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90354
  • Ratio Close Price By Original Li: 0.83616
  • Ratio Current Price By Acre: 107246.38
  • Ratio Current Price By Sq Ft: 162.71
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Slab
  • Upper Level Sq Ft: 1104
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Gas, Double Oven, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Oven, Generator, Electric Oven
  • Fireplace Description: Gas Vented, Living Room, Wood burning w/Gas Starter
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1416
  • Main Level Sq Ft: 2028
  • Total Sq Ft: 4548

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

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

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1050.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Catawba Falls Preserve HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Rolling, Stream/Creek, Views, Year Round View
  • Lot Size Area: 6.900
  • Parcel Number: 0638-00-13-8691
  • Plat Book Slide: 0000/0000
  • Zoning Specification: R3

Tax Info

  • Tax Value: 665360.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 19, 2020
Sold by
Lenahan Luke J and Lenahan Lee E
Bought by
Visgauss Mikelis and Visgauss Julia
Seller's Agent
Byron Greiner
Dwell Realty Group
Buyer's Agent
Justin Purnell
EXP Realty LLC
List Price
$885,000
Sold Price
$740,000
Premium/Discount to List
-$145,000
-16.38%
Current Estimated Value
$1,296,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,556
Avg. Annual Appreciation
11.41%
Original Mortgage
$600,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2016
Sold by
Vincelli Alfred J and Vincelli Barbara A
Bought by
Lenahan Luke J and Lenahan Lee E

Purchase Details

Closed on
Sep 5, 2008
Sold by
Gold David H and Gold Bonnie N
Bought by
Vincelli Alfred J and Vincelli Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,875
Interest Rate
6.45%
Mortgage Type
New Conventional
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
Visgauss Mikelis $740,000 None Available
Lenahan Luke J $625,000 None Available
Vincelli Alfred J $505,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Visgauss Mikelis $647,000
Closed Visgauss Mikelis $600,000
Previous Owner Vincelli Alfred J $375,700
Previous Owner Vincelli Alfred J $376,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $740,000 -9.6% $163 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
08/27/2019 08/27/19 Price Changed $819,000 -3.1% $180 / Sq Ft
07/08/2019 07/08/19 Price Changed $845,000 -4.5% $186 / Sq Ft
04/11/2019 04/11/19 For Sale $885,000 -- $195 / 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
2024 $6,606 $974,390 $85,000 $889,390
2023 $6,606 $974,390 $85,000 $889,390
2022 $4,578 $665,360 $75,000 $590,360
2021 $4,578 $665,360 $75,000 $590,360
2020 $4,644 $665,360 $0 $0
2019 $4,644 $589,990 $0 $0
2017 $3,779 $589,990 $0 $0
2016 $3,779 $589,990 $150,000 $439,990
2014 $3,598 $589,990 $150,000 $439,990
2013 -- $589,990 $150,000 $439,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3484787

Canopy MLS (Canopy Realtor® Association)

APN: 0638-00-13-8691