NOT LISTED FOR SALE

372 Sugar Hollow Rd Fairview, NC 28730

Estimated Value: $555,265 - $847,000

3 Beds
2 Baths
1,796 Sq Ft
$408/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $440,000 $245 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,050/month

Highlights

  • Private Lot
  • Traditional Architecture
  • Fireplace
  • Fairview Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of October 2019

Rare Opportunity to purchase a 1766 SF modern home & a guest cottage on a rolling parcel of land with the potential to subdivide (buyer to confirm). This 4+ acres in the idyllic Sugar Hollow / Hickory Nut Gap neighborhood of Fairview is truly pastoral. The 2 dwellings are surrounded by rolling pasture & ample road frontage on Sugar Hollow Rd. The main home was built in 2004 & offers 3 bedrooms, an open floor plan, gas fireplace, dining area, & jumbo sized living room / family room. Enjoy the private screened-in porch or the two car garage that has the potential to also be a studio or workshop. The guest cottage offers 1058 SF, was built in 1956 & was originally a Sugar Hollow summer home. Cottage has 1 BR, 2 full baths, wood fireplace & large screened-in-porch. The cottage has most recently been a successful long term rental, but could also be the perfect AirBnB short term rental. Each dwelling has its own well & septic per the seller. Gentle winding driveway has been recently paved.

Last Agent to Sell the Property

Devorah Thomas

Asheville City Real Estate LLC License #194474 Listed on: 09/24/2019

Last Buyer's Agent

Carol Pennell

Ivester Jackson Blackstream License #201300

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 4.17

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Private Lot
  • Pasture
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0605-17-0574

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.95861
  • Ratio Close Price By Original Li: 0.95861
  • Ratio Current Price By Acre: 105515.59
  • Ratio Current Price By Sq Ft: 244.99
  • Year Built: 2004
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Propane, Electric Oven
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl Plank, Wood
  • Interior Amenities: Garage Shop, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Second Living Quarters: Guest House
  • Second Living Quarters Hla: 1058
  • Sq Ft Additional: 1058
  • Main Level Sq Ft: 1796
  • Total Sq Ft: 1796
  • Sq Ft Unheated Main: 462
  • Sq Ft Unheated Total: 462

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

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

Schools

  • Elementary School: Fairview
  • Middle School: Cane Creek
  • High School: AC Reynolds

Lot Info

  • Lot Features: Pasture, Private, Rolling, Year Round View
  • Lot Size Area: 4.170
  • Parcel Number: 0605-17-0574
  • Zoning Specification: OU

Tax Info

  • Tax Value: 424000.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2025
Sold by
Pennell Carol Elizabeth and Kasyan Lorraine
Bought by
Pennell Carol Elizabeth and Kasyan Lorraine
Current Estimated Value
$733,566

Purchase Details

Listed on
Sep 24, 2019
Closed on
Oct 30, 2019
Sold by
Siatis Evelyn K
Bought by
Pennell Carol Elizabeth
Seller's Agent
Devorah Thomas
Asheville City Real Estate LLC
Buyer's Agent
Carol Pennell
Ivester Jackson Blackstream
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$330,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Pennell Carol Elizabeth -- None Listed On Document
Pennell Carol Elizabeth $440,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennell Carol Elizabeth $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $440,000 -4.1% $245 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $459,000 -- $256 / 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
2025 $1,928 $279,200 $38,400 $240,800
2024 $1,928 $279,200 $53,400 $225,800
2023 $1,928 $279,200 $53,400 $225,800
2022 $1,767 $279,200 $0 $0
2021 $1,767 $279,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3548988

Canopy MLS (Canopy Realtor® Association)

APN: 0605-17-1554-00000