NOT LISTED FOR SALE

37 Cottage Settings Black Mountain, NC 28711

Estimated Value: $727,000 - $1,094,000

4 Beds
5 Baths
3,597 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2024

Last sale price $960,000 $267 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,844 / mo

90 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Wood Burning Stove
  • Open Floorplan
  • Deck
  • Pond

About This Home

As of June 2024

Beautiful and spacious craftsman home in The Settings of Black Mountain! Built by award-winning builder Living Stone Construction and designed by Hurt Architects, this Energy Star and HealthyBuilt home offers a functional floor plan, thoughtful upgrades, and a lot with a usable yard. Main level with an open floor plan and primary suite. Upper level has 3 bedrooms, 2 full baths, several attic spaces for additional storage, and even a secret closet behind a built-in bookcase! Basement has a large office, a media room, and a home gym space. All basement rooms could be used for just about anything (game room, hobby space, etc.). Outside, enjoy a storybook front porch, a side grilling deck, and a screened porch. Other upgrades include an 8Kw generator, surround sound, fireplace with gas starter, and wood stove. Very few homes come on the market in The Settings, a high-end gated community with hiking trails, sidewalks, and a magnificent clubhouse only 2 miles from downtown Black Mountain.

Last Agent to Sell the Property

Scott Russell

Howard Hanna Beverly-Hanks Freestone Properties Brokerage Email: scott@freestoneproperties.com License #246481 Listed on: 03/04/2024

Last Buyer's Agent

Mary Noble Braden

Noble & Company Realty License #248568

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Property is zoned TR-4

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Spray Foam Insulation
  • Wood Siding
  • Stone Siding
  • Radon Mitigation System

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Sound System
  • Wired For Data
  • Built-In Features
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Range
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry Chute

Finished Basement

  • Interior and Exterior Basement Entry
  • Workshop

Outdoor Features

  • Pond
  • Deck

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0618-48-1564-00000

Community Details

Overview

  • First Service Residential Association
  • Built by Living Stone
  • The Settings Of Black Mountain Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0.32 Acres

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Cottage
  • Year Built: 2006
  • Restrictions: Architectural Review
  • Restrictions Description: No Short Term Rentals
  • Road Surface Type: Stone, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 266.89
  • Geocode Confidence: High
  • Attribution Contact: scott@freestoneproperties.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1716
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1100
  • Appliances: Convection Oven, Dishwasher, Disposal, Down Draft, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Other Equipment: Generator, Surround Sound
  • Above Grade Finished Sq Ft: 2816
  • Has Basement: Basement Garage Door, Basement Shop, Exterior Entry, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 781
  • Fireplace Features: Gas Starter, Living Room, Wood Burning, Wood Burning Stove
  • Living Area: 3597
  • Window Features: Skylight(s)
  • Bedroom Main: 1
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Cedar Shake, Stone, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Screened, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Chute, Laundry Room, Main Level
  • Security: Radon Mitigation System, Security System
  • Cooling: Heat Pump, Zoned
  • Utilities: Gas, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Picnic Area, Playground, Pond, Sidewalks, Walking Trails
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: First Service Residential
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 1500.00

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 0618-48-1564-00000
  • Zoning: TR-4
  • Plat Book Slide: 96/162
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: TR-4

Green Features

  • Green Sustainability: Spray Foam Insulation

Building Info

  • Builder Name: Living Stone

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Jun 21, 2024
Sold by
Bought by
Seller's Agent
Scott Russell
Howard Hanna Beverly-Hanks Freestone Properties
Buyer's Agent
Mary Noble Braden
Noble & Company Realty
List Price
$1,170,000
Sold Price
$960,000
Premium/Discount to List
-$210,000
-17.95%
Views
311
Current Estimated Value
$977,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,532
Avg. Annual Appreciation
0.92%
Original Mortgage
$768,000
Outstanding Balance
$757,515
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$220,017

Purchase Details

Listed on
Jul 2, 2014
Closed on
Sep 25, 2014
Sold by
Bought by
Seller's Agent
Chip Craig
GreyBeard Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$520,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2011
Sold by
Bought by

Purchase Details

Closed on
May 29, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,586
Interest Rate
6.19%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$960,000 None Listed On Document
$520,000 --
$520,000 --
-- None Available
-- None Available
$135,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $768,000
Previous Owner $520,000
Previous Owner $375,000
Previous Owner $610,586
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $960,000 -3.0% $267 / Sq Ft
05/21/2024 05/21/24 Price Changed $990,000 -13.9% $275 / Sq Ft
04/03/2024 04/03/24 Price Changed $1,149,900 -1.7% $320 / Sq Ft
03/04/2024 03/04/24 For Sale $1,170,000 +125.0% $325 / Sq Ft
09/26/2014 09/26/14 Sold $520,000 -5.3% $145 / Sq Ft View Prior Sale
09/25/2014 09/25/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $549,000 -- $154 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,089 $613,800 $50,600 $563,200
2024 $5,089 $606,800 $50,600 $556,200
2023 $5,089 $567,600 $50,600 $517,000
2022 $4,507 $567,600 $0 $0
2021 $4,507 $567,600 $0 $0
2020 $4,525 $525,200 $0 $0
2019 $4,525 $525,200 $0 $0
2018 $4,525 $525,200 $0 $0
2017 $4,577 $512,100 $0 $0
2016 $5,013 $512,100 $0 $0
2015 $5,013 $512,100 $0 $0
2014 $4,606 $470,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4115348

Canopy MLS

APN: 0618-48-1564-00000

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