$14,000
SOLD MAY 13, 2025

37 Wedgewood Terrace Unit 1103 Black Mountain, NC 28711

1.59 Acres
$8,805 Price per Acre
69,260 Sq Ft Lot

Recently Sold

33% Below List Price

224 Days on Market

Highlights

  • Mountain View
  • Clubhouse
  • Wooded Lot

About This Lot

As of May 2025

Motivated seller, so make an offer today! Build your mountain dream home on this premier lot priced tens of thousands of dollars below tax value in Laurel Ridge with fantastic, year-round mountain views! Lot has expired 3 bedroom septic permit. Upscale, gated Laurel Ridge is a community of 90+ executive homes situated in an idyllic setting. Laurel Ridge features underground utilities, community water system, paved roads, fire substation, community center, and abundant wildlife. 10 min. to Black Mountain; 15 min. to I-40. This incredible value lot won't last, so see it today!

Last Agent to Sell the Property

Charmain Yobbi

Keller Williams - Black Mtn. Brokerage Email: charmain@kw.com License #288808 Listed on: 09/13/2024

Keller Williams - Black Mtn.

Last Buyer's Agent

Maria Sorto

Keller Williams Mtn Partners, LLC License #280377

Keller Williams Mtn Partners, LLC

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a private road
  • Steep Slope
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned OU

HOA Fees

  • $204 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Utilities

  • Underground Utilities
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 070115031900000

Community Details

Overview

  • Mark Looney, Poa President Association, Phone Number (937) 765-3590
  • Laurel Ridge Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: Firestation assessment
  • Proposed Special Assessment Desc: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: charmain@kw.com
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • View: Mountain(s), Year Round
  • Waterfront Features: None
  • Waterfront Elevation: 3500

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Utilities
  • Water Source: Other - See Remarks

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated
  • Association Fee: 2450
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Mark Looney, POA president
  • Phone: 937-765-3590
  • ResoAssociationFeeFrequency: Annually
  • Association Email: president@laurelridgepoa.com

Association/Amenities

  • Association Annual Expense: 2450.00

Schools

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

Lot Info

  • Lot Features: Steep Slope, Wooded, Views
  • Lot Size Area: 1.59
  • Lot Size Units: Acres
  • Parcel Number: 070115031900000
  • Can Be Subdivided: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

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

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $14,000 -17.6% --
03/30/2025 03/30/25 Price Changed $17,000 -10.5% --
09/26/2024 09/26/24 Price Changed $19,000 -9.5% --
09/13/2024 09/13/24 For Sale $21,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4181851

Canopy MLS (Canopy Realtor® Association)