NOT LISTED FOR SALE

36 Sovereign Ln Fairview, NC 28730

Estimated Value: $810,621 - $1,117,000

4 Beds
3 Baths
2,978 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $575,000 $193 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,467/month

4 Days on Market

Highlights

  • Built in 2016 | Newly Remodeled
  • Gated Community
  • Contemporary Architecture
  • Fairview Elementary School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of October 2016

New 2016 Construction. Elegant Country Home in gated Monarch Estates located in the Cane Creek Valley. Beautiful views of Little Pisgah and Bear Wallow mountains. Professionally decorated. Custom millwork throughout. 14' Ceilings with exposed wood beams. Deep Crown molding and wainscoting, tongue and groove built-ins, 42" Wood Burning Fireplace, Large screened in porch off the back. Quartz Counters, Subway Tile, Class Mosaic Backsplash, Large Carrera Marble Shower and marble surround jetted tub.

Last Agent to Sell the Property

Elizabeth Putnam

Mosaic Community Lifestyle Realty License #244183 Listed on: 08/30/2016

Last Buyer's Agent

Michele Gould

Keller Williams Mtn Partners, LLC License #289954

Keller Williams Mtn Partners, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Lot Dimensions are 176x158x178x191
  • Front Green Space
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Garden Home

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Storm Doors
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9684-77-5766-00000
  • Tax Block 158

Community Details

Overview

  • Sovereign Lane Home Owners Association, Phone Number (828) 707-4383

Recreation

  • Community Playground
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Contemporary, Garden
  • Construction Status: Complete
  • Proposed Special Assessment Desc: $700 Road Assessment 2017
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 0.99138
  • Ratio Close Price By Original Li: 0.99138
  • Ratio Current Price By Acre: 809859.15
  • Ratio Current Price By Sq Ft: 193.08
  • Special Assessment Description: $700 Road Assessment - Paid
  • Special Assessment Yn: Yes
  • Year Built: 2016
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Block
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Screen Door(s), Storm Door(s)
  • Equipment: Ceiling Fan(s), CO Detector, Central Vacuum, Disposal, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Exhaust Hood, g-Energy Star® Dishwasher, g-Energy Star® Refrigerator, Propane, Gas Oven
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • H O A Management Phone: 828-707-4383
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2978
  • Total Sq Ft: 2978
  • Sq Ft Unheated Main: 473
  • Sq Ft Unheated Total: 473

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Playground, Walking Trails
  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Sovereign Lane Home Owners Association
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 176x158x178x191
  • Lot Features: Green Area, Level, Mountain View, Views, Year Round View
  • Parcel Number: 9684-77-5766-00000
  • Plat Book Slide: 100
  • Plat Reference Section Pages: 331-333
  • Zoning: Residential
  • Zoning Specification: OU

Tax Info

  • Tax Value: 32900.00
  • Tax Amount Ncm: 233.00
  • Tax Block: 158
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2016
Closed on
Oct 17, 2016
Sold by
Lavinder John Lona and Baxter John James
Bought by
Lyons Bruce and Lyons Marcia Mae
Seller's Agent
Elizabeth Putnam
Mosaic Community Lifestyle Realty
Buyer's Agent
Michele Gould
Keller Williams Mtn Partners, LLC
List Price
$580,000
Sold Price
$575,000
Premium/Discount to List
-$5,000
-0.86%
Current Estimated Value
$984,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,655
Avg. Annual Appreciation
5.97%
Original Mortgage
$431,250
Outstanding Balance
$338,132
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$646,523

Purchase Details

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

Purchase Details

Listed on
Nov 27, 2013
Closed on
Dec 19, 2013
Sold by
Asheville Savings Bank Ssb
Bought by
Oakes Joseph Shawn and Oakes Tanya L
Buyer's Agent
Alice Cochran
Berkshire Hathaway HomeServices
List Price
$30,000
Sold Price
$36,050
Premium/Discount to List
$6,050
20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.46%

Purchase Details

Listed on
Nov 27, 2013
Closed on
Oct 31, 2013
Sold by
Varney Bobby W and Varney Jill S
Bought by
Asheville Savings Bank Ssb
Buyer's Agent
Alice Cochran
Berkshire Hathaway HomeServices
List Price
$30,000
Sold Price
$36,050
Premium/Discount to List
$6,050
20.17%

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:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Prior Sale
10/17/2016 10/17/16 Sold $575,000 -0.9% $193 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $580,000 +1508.9% $195 / Sq Ft
12/27/2013 12/27/13 Sold $36,050 +20.2% -- View Prior Sale
11/27/2013 11/27/13 For Sale $30,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3210687

Canopy MLS (Canopy Realtor® Association)

APN: 9684-77-5766-00000