NOT LISTED FOR SALE

36 Sovereign Ln Unit 2 Fairview, NC 28730

Estimated Value: $801,534 - $1,099,000

0.71 Acre
$1,369,555 Price per Acre
30,928 Sq Ft Lot

Sale Details

Date Sold: May 29, 2015

Last sale price $52,500

Est. 1,752% increase in value since last sale

Current estimated payment $5,492 / mo

394 Days on Market

Highlights

  • Gated Community
  • Fairview Elementary School Rated A-
  • Front Green Space

About This Lot

As of May 2015

Build your dream home in beautiful Cane Creek Valley! Gated Community of upscale homes with Playground, Green Space and Common Areas to enjoy. This level lot will offer great views from the front and back of your new home. Previously approved 4 Bedroom septic. Just minutes to the Cane Creek Valley Community, shopping and schools. Call today for more details and do not miss your chance to live in this lovely area!

Last Agent to Sell the Property

Alice Cochran

Berkshire Hathaway HomeServices License #63608 Listed on: 03/31/2014

Berkshire Hathaway HomeServices

Last Buyer's Agent

Mark Cox

N C Land and Lots LLC License #258777

Property Details

Property Type

  • Land

Lot Details

  • Front Green Space

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 9684-77-5766-00000

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.76087
  • Ratio Close Price By Original Li: 0.66456
  • Ratio Current Price By Acre: 73943.66
  • Special Features: None
  • Property Sub Type: LotsLands

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 1100.00

Lot Info

  • Lot Features: Green Area, Paved Frontage, Year Round View
  • Parcel Number: 9684-77-5766-00000
  • Zoning Specification: RES
  • Plat Reference Section Pages: 5175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2016
Sold by
Lavinder John Lona and Baxter John James
Bought by
Lyons Bruce and Lyons Marcia Mae
Current Estimated Value
$972,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Outstanding Balance
$338,132
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$634,252

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jun 1, 2015
Sold by
Monarch Estates Property Owners Assoc and Sovereign Lane Property Owners Associ
Bought by
John James B and John Lona L
Seller's Agent
Alice Cochran
Berkshire Hathaway HomeServices
Buyer's Agent
Mark Cox
N C Land and Lots LLC
List Price
$79,000
Sold Price
$52,500
Premium/Discount to List
-$26,500
-33.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.55%

Purchase Details

Closed on
Dec 19, 2013
Sold by
Asheville Savings Bank Ssb
Bought by
Oakes Joseph Shawn and Oakes Tanya L

Purchase Details

Closed on
Oct 31, 2013
Sold by
Varney Bobby W and Varney Jill S
Bought by
Asheville Savings Bank Ssb

Purchase Details

Closed on
Apr 24, 2008
Sold by
Tarheel Builder Inc
Bought by
Varney Bobby W and Varney Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 2006
Sold by
Monarch Development Llc
Bought by
Tarheel Builder Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Lyons Bruce $575,000 None Available
John James B -- --
Baxter John James $52,500 --
Oakes Joseph Shawn $36,500 None Available
Asheville Savings Bank Ssb $28,553 None Available
Varney Bobby W $80,000 None Available
Tarheel Builder Inc $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Bruce $431,250
Previous Owner Varney Bobby W $64,000
Previous Owner Tarheel Builder Inc $63,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $52,500 -33.5% --
04/29/2015 04/29/15 Pending -- -- --
03/31/2014 03/31/14 For Sale $79,000 -- --
Source: Canopy MLS

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 $3,606 $532,200 $56,500 $475,700
2024 $3,606 $532,200 $56,500 $475,700
2023 $3,606 $532,200 $56,500 $475,700
2022 $3,369 $532,200 $0 $0
2021 $3,369 $532,200 $0 $0
2020 $2,960 $439,100 $0 $0
2019 $2,960 $439,100 $0 $0
2018 $2,828 $439,100 $0 $0
2017 $2,828 $184,200 $0 $0
2016 $1,306 $184,200 $0 $0
2015 $233 $32,900 $0 $0
2014 $233 $32,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alice Cochran

    Seller's Agent in 2015

    Alice Cochran

    Berkshire Hathaway HomeServices

    (828) 329-3935

    36 Total Sales

    Alice Cochran
    Section Image

  • M

    Buyer's Agent in 2015

    Mark Cox

    N C Land and Lots LLC

See All Agents

Map

Source: Canopy MLS

MLS Number: CARNCM558371

Canopy MLS

APN: 9684-77-5766-00000

North Carolina Buncombe County Fairview 28730

36 Sovereign Ln Unit 2, Fairview, 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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