NOT LISTED FOR SALE

38 Caddis Ct Biltmore Lake, NC 28715

Estimated Value: $1,067,000 - $1,348,000

5 Beds
3.5 Baths
4,716 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $745,000 $158 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,842/month

60 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Transitional Architecture
  • Community Lake
  • Wooded Lot
  • Wood Flooring

About This Home

As of March 2021

Exceptional 5 bedroom home on large, private lot in Biltmore Lake! Enjoy first class finishes including 5" Hickory Plank floors throughout main and second floor, Cooks' kitchen with Kitchen Aid stainless appliances (5 burner gas range with stainless vented hood), wall ovens, large breakfast counter, crown mouldings, plantation shutters, all bathrooms and showers tiled, wood-burning fireplace with gas starter, central vac, 9' ceilings throughout all levels, extensive back deck with pergola (perfect for entertaining) overlooking very private wooded lot, home offices on two levels, playroom or gym, stone patio off lower level family room, large covered front porch. Two new air conditioning units and new hot water heater too! This home has it all and is just steps to the trail to access the 62 acre lake, 2 mile hiking trail around lake, clubhouse, boathouse, swim beach, tennis and basketball courts, community playground and fire pit. Come enjoy this charming community!

Last Agent to Sell the Property

Barbara Fiedler

Asheville Realty Group License #254446 Listed on: 12/03/2020

Last Buyer's Agent

Elena Kovrigin

EXP Realty LLC License #292494

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 9616-48-2178-00000

Community Details

Overview

  • First Service Residential Association, Phone Number (828) 670-8293
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$152 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98026
  • Ratio Close Price By Original Li: 0.97386
  • Ratio Current Price By Acre: 967532.47
  • Ratio Current Price By Sq Ft: 157.97
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1923
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Microwave, Natural Gas, Oven, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Natural Gas, Wood burning w/Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-670-8293
  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1170
  • Main Level Sq Ft: 1623
  • Total Sq Ft: 4716

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Playground, Recreation Area, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 455.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: First Service Residential
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Hominy Valley/Enka
  • Middle School: Enka
  • High School: Enka

Lot Info

  • Lot Features: Cul-de-sac Lot, Lake Access, Private, Sloping, Trees, Wooded
  • Lot Size Area: 0.770
  • Parcel Number: 9616-48-2178-00000
  • Plat Book Slide: 0098/0077
  • Plat Reference Section Pages: 98/77
  • Zoning Specification: Res

Tax Info

  • Tax Value: 673600.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Mar 11, 2021
Sold by
Fortini Donna and Fortini Michael E
Bought by
Meredith Richard Dane and Meredith Elizabeth Suttles
Seller's Agent
Barbara Fiedler
Asheville Realty Group
Buyer's Agent
Elena Kovrigin
EXP Realty LLC
List Price
$765,000
Sold Price
$745,000
Premium/Discount to List
-$20,000
-2.61%
Current Estimated Value
$1,183,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,217
Avg. Annual Appreciation
10.70%
Original Mortgage
$745,000
Outstanding Balance
$667,840
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$515,377

Purchase Details

Closed on
Aug 11, 2006
Sold by
Biltmore Lake Llc
Bought by
Fortini Michael E and Fortini Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.74%
Mortgage Type
Unknown
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
Meredith Richard Dane $745,000 None Available
Fortini Michael E $643,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meredith Richard Dane $745,000
Previous Owner Fortini Michael E $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $745,000 -2.0% $158 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/21/2021 01/21/21 Price Changed $760,000 -0.7% $161 / Sq Ft
12/03/2020 12/03/20 For Sale $765,000 -- $162 / 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 $4,703 $737,600 $71,400 $666,200
2024 $4,703 $737,600 $71,400 $666,200
2023 $4,703 $737,600 $71,400 $666,200
2022 $4,374 $737,600 $0 $0
2021 $4,374 $737,600 $0 $0
2020 $4,271 $673,600 $0 $0
2019 $4,271 $673,600 $0 $0
2018 $4,170 $673,600 $0 $0
2017 $4,237 $536,600 $0 $0
2016 $3,724 $536,600 $0 $0
2015 $3,724 $536,600 $0 $0
2014 $3,724 $536,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3687699

Canopy MLS (Canopy Realtor® Association)

APN: 9616-48-2178-00000