$6,300,000
SOLD NOV 16, 2023
7 Beds
8 Baths
8,060 Sq Ft
3.02 Acres

Recently Sold

$782 Per Sq Ft

36% Below List Price

80 Days on Market

Highlights

  • Spa
  • City View
  • Fireplace in Primary Bedroom
  • Asheville High Rated A-
  • Open Floorplan
  • Deck

About This Home

As of November 2023

Nestled on Town Mountain, this luxurious home stands as a testament to elegance and sophistication. Originally built in 1965, and completely remastered and extended in 2018 using the finest materials and designer finishes.

The gracious main level offers a billiards room, living room, and dining room, each equipped with Nano Walls to open each space to adjacent stone terraces. The kitchen is fully decked out with Thermador appliances. A study, in law/nanny suite, 4 bedrooms and rejuvenating primary suite round out the main level. Primary suite also features a nano wall, private terrace, vaulted ceilings and spa level bath. The basement offers a wine cellar and media room. Stunning outdoor amenities include a fire pit, hot tub and a cook house with full outdoor kitchen and stone fireplace. Dual Two car garages, generator, smart home.

The epitome of high-end living. With its impeccable design, breathtaking backdrop views, and unparalleled amenities, this home is truly a sanctuary.

Last Agent to Sell the Property

Stacey Klimchuk

Ivester Jackson Blackstream Brokerage Email: stacey@ijbproperties.com License #309211 Listed on: 07/21/2023

Co-Listed By

Damian Hall

Ivester Jackson Blackstream Brokerage Email: stacey@ijbproperties.com License #269114

Last Buyer's Agent

Lynn Roberts

Ivester Jackson Blackstream License #342798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,323

Year Built

  • Built in 2017

Lot Details

  • Front Green Space
  • Privacy Fence
  • Back Yard Fenced
  • Irrigation
  • Hilly Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RS2

Parking

  • 4 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Circular Driveway
  • Electric Gate

Property Views

  • City
  • Mountain

Home Design

  • Modern Architecture
  • Slate Roof
  • Stone Siding
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Bar Fridge
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Basement
  • Interior Basement Entry
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Spa
  • Deck
  • Wrap Around Porch
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit
  • Outbuilding
  • Outdoor Gas Grill

Additional Homes

  • Separate Entry Quarters

Schools

  • Asheville City Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Town Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 965909215000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,323

Year Built

Built in 2017

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Modern
  • Year Built: 2017
  • Second Living Quarters: Interior Connected,Main Level,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Asphalt
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 781.64
  • Property Sub Type Additional: Other
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Drop Zone, Entrance Foyer, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 7023
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Hood, Freezer, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Other Equipment: Generator, Surround Sound
  • Above Grade Finished Sq Ft: 7023
  • Has Basement: Basement Garage Door, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1037
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room, Fire Pit, Gas, Great Room, Outside, Porch, Primary Bedroom, Wood Burning
  • Living Area: 8060
  • Bedroom Main: 6
  • Room Count: 11
  • Sq Ft Other: 1493
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Gas Grill, In-Ground Irrigation, Outdoor Kitchen
  • New Construction: No
  • Roof: Slate
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Full, Privacy
  • View: City, Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 2500
  • Construction Type: Hardboard Siding, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Awning(s), Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Driveway, Electric Gate, Attached Garage, Garage Door Opener

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Inside, Main Level
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Green Area, Hilly, Private, Wooded, Views
  • Lot Size Area: 3.02
  • Lot Size Units: Acres
  • Parcel Number: 965909215000000
  • Zoning: RS2
  • Plat Book Slide: 0032-0056
  • Plat Reference Section Pages: 0032-0056
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS2

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Nov 6, 2023
Sold by
Sunset Summit Llc
Bought by
Casey L Hite Revocable Declaration Of Trust and Hite
Seller's Agent
Stacey Klimchuk
Ivester Jackson Blackstream
Buyer's Agent
Lynn Roberts
Ivester Jackson Blackstream
List Price
$9,900,000
Sold Price
$6,300,000
Premium/Discount to List
-$3,600,000
-36.36%
Views
586
Current Estimated Value
$5,281,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,018,392
Avg. Annual Appreciation
-10.19%

Purchase Details

Listed on
Mar 14, 2017
Closed on
Jun 27, 2017
Sold by
Black Lars and Black Lynn C
Bought by
Sunset Summit Llc
Seller's Agent
Bunny Morris
Allen Tate/Beverly-Hanks Asheville-Downtown
Buyer's Agent
Rachel Alosky Stark
Patton Allen Real Estate LLC
List Price
$1,950,000
Sold Price
$1,760,000
Premium/Discount to List
-$190,000
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.20%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Wilkes Kenneth R
Bought by
Balck Lars and Balck Lynn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 2005
Sold by
Wilkes Kenneth R and Harison Wilkes Ellen
Bought by
Wilkes Kenneth R and Wilkes Ellen V Harrison

Purchase Details

Closed on
May 20, 2004
Sold by
Cobb William R and Cobb Rhoda W
Bought by
Wilkes Kenneth R and Harison Wilkes Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2000
Sold by
Blum Julius and Blum Phyllis S
Bought by
Cobb William R and Cobb Rhoda W

Purchase Details

Closed on
Aug 26, 1999
Sold by
Buckeye Limited Partnership
Bought by
Blum Julius and Blum Phyllis S

Purchase Details

Closed on
Aug 30, 1996
Sold by
Blum Julius
Bought by
Blum Buckeye Limited Partnership
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,300,000 None Listed On Document
Warranty Deed $1,760,000 None Available
Warranty Deed $1,525,000 --
Interfamily Deed Transfer -- --
Warranty Deed $1,238,000 --
Warranty Deed $1,125,000 --
Warranty Deed -- --
Deed $760,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $110,000 Credit Line Revolving
Previous Owner $80,000 Credit Line Revolving
Previous Owner $500,000 Fannie Mae Freddie Mac
Previous Owner $150,000 Credit Line Revolving
Previous Owner $550,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $6,300,000 -21.2% $782 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $7,999,000 -19.2% $992 / Sq Ft
07/21/2023 07/21/23 For Sale $9,900,000 +462.5% $1,228 / Sq Ft
07/07/2017 07/07/17 Sold $1,760,000 -9.7% $333 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $1,950,000 -- $369 / 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
2023 $33,323 $2,722,700 $252,800 $2,469,900
2022 $25,618 $2,569,000 $0 $0
2021 $27,241 $2,731,700 $0 $0
2020 $18,685 $1,733,500 $0 $0
2019 $18,685 $1,733,500 $0 $0
2018 $18,685 $1,733,500 $0 $0
2017 $19,797 $1,127,100 $0 $0
2016 $13,852 $1,127,100 $0 $0
2015 $13,852 $1,127,100 $0 $0
2014 $13,683 $1,127,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4051070

Canopy MLS (Canopy Realtor® Association)

APN: 9659-09-2150-00000