NOT LISTED FOR SALE

368 Cragmont Rd Black Mountain, NC 28711

Estimated Value: $272,000 - $413,000

2 Beds
1 Bath
928 Sq Ft
$358/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $152,500 $164 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,859/month

129 Days on Market

Highlights

  • Cottage
  • Shed
  • Tile Flooring

About This Home

As of April 2017

Completely renovated Black Mountain charmer with 2 bedrooms, 1 bath on .35 acres and approximately 1 mile to Lake Tomahawk. Gorgeous new kitchen with granite, stainless appliances, tile floor, new cabinets with lots of storage. Laminate floors, gas fireplace in living room, renovated bathroom and bedrooms. Covered front and back porch and large storage shed.

Last Agent to Sell the Property

Charles Jones Jr

Keller Williams - Black Mtn. License #256870 Listed on: 09/12/2016

Keller Williams - Black Mtn.

Last Buyer's Agent

Rachel Sudnik

GreyBeard Realty License #292562

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.35

Home Design

  • Cottage

Interior Spaces

  • 1 Full Bathroom
  • Insulated Windows
  • Crawl Space

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 0609-66-3787-00000

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.91317
  • Ratio Close Price By Original Li: 0.85196
  • Ratio Current Price By Acre: 435714.29
  • Ratio Current Price By Sq Ft: 164.33
  • Year Built: 1980
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Microwave
  • Flooring: Tile, Laminate Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 928
  • Total Sq Ft: 928

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Electric Baseboard Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.350
  • Parcel Number: 0609-66-3787-00000
  • Zoning: Residential
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 102000.00
  • Tax Amount Ncm: 717.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Apr 18, 2017
Sold by
Karbowski Arthur and Karbowski Mary
Bought by
Grove Alyson Anne
Seller's Agent
Charles Jones Jr
Keller Williams - Black Mtn.
Buyer's Agent
Rachel Sudnik
GreyBeard Realty
List Price
$179,000
Sold Price
$152,500
Premium/Discount to List
-$26,500
-14.8%
Current Estimated Value
$322,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,547
Avg. Annual Appreciation
9.79%
Original Mortgage
$133,838
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2013
Closed on
Sep 5, 2013
Sold by
Household Realty Corp
Bought by
Karbowski Arthur and Karbowski Mary
Seller's Agent
Adamski-Brow Team
Choice Mountain Properties
Buyer's Agent
Sally Bierhaus
Keller Williams - Black Mtn.
List Price
$79,900
Sold Price
$48,000
Premium/Discount to List
-$31,900
-39.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.11%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Peek James H and Musengwa Peek Rita
Bought by
Household Realty Corp

Purchase Details

Closed on
Aug 27, 2004
Sold by
Mcelreath Lucille and Mcelreath Norman J
Bought by
Peek James H and Musengwa Peek Rita Odette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
9.8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Grove Alyson Anne $152,500 None Available
Karbowski Arthur $48,000 None Available
Household Realty Corp $78,000 None Available
Peek James H $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grove Alyson Anne $183,000
Closed Grove Alyson Anne $150,000
Closed Grove Alyson Anne $133,838
Previous Owner Karbowski Mary $90,000
Previous Owner Peek James H $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold $152,500 -14.8% $164 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
09/12/2016 09/12/16 For Sale $179,000 +272.9% $193 / Sq Ft
09/18/2013 09/18/13 Sold $48,000 -39.9% $55 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $79,900 -- $92 / 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 $1,243 $199,000 $33,900 $165,100
2023 $1,243 $199,000 $33,900 $165,100
2022 $1,184 $199,000 $0 $0
2021 $1,184 $199,000 $0 $0
2020 $833 $128,300 $0 $0
2019 $833 $128,300 $0 $0
2018 $833 $128,300 $0 $0
2017 $722 $102,000 $0 $0
2016 $717 $102,000 $0 $0
2015 $717 $102,000 $0 $0
2014 $717 $102,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3214617

Canopy MLS (Canopy Realtor® Association)

APN: 0609-66-3787-00000