NOT LISTED FOR SALE

395 Lytle Cove Rd Swannanoa, NC 28778

Estimated Value: $466,000 - $685,000

3 Beds
3 Baths
2,112 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $225,000 $107 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,246/month

111 Days on Market

Highlights

  • Private Lot
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Wooded Lot
  • Wood Flooring
  • Storage Room

About This Home

As of October 2012

REDUCED BELOW APPRAISED VALUE! Won't last long. Private mountain retreat on 3.56 acres only 5 minutes from Black Mountain and 15 minutes to Asheville. Fabulous 2 story wall of windows in LR to enjoy winter views and summer trees. Year round views possible with light trimming. Outbuildings include wired workshop/studio. New heat pump, well pump, gutters, upgraded septic. Endless possibilities for primary residence, second home, or vacation rental.

Last Agent to Sell the Property

Sharon McConnaughy

GreyBeard Realty License #250855 Listed on: 06/12/2012

Last Buyer's Agent

Alec Cantley

Premier Sotheby’s International Realty License #271844

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,179

Year Built

  • Built in 1995

Lot Details

  • Front Green Space
  • Private Lot
  • Wooded Lot

Parking

  • Workshop in Garage

Home Design

  • Cabin

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Storage Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Whirlpool Bathtub

Additional Features

  • Shed
  • Well

Listing and Financial Details

  • Assessor Parcel Number 9698-77-9155-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,179

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.90036
  • Ratio Close Price By Original Li: 0.80645
  • Ratio Current Price By Acre: 63202.25
  • Ratio Current Price By Sq Ft: 106.53
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 636
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, g-Insulated Door(s)
  • Equipment: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Unvented, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Garage Shop, Storage Unit, Whirlpool
  • Room Count: 6
  • Sq Ft Basement: 412
  • Main Level Sq Ft: 1064
  • Total Sq Ft: 2112
  • Sq Ft Unheated Basement: 610

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Water: Well

Schools

  • Elementary School: WD Williams
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Mountain View, Green Area, Private, Wooded
  • Lot Size Area: 3.560
  • Parcel Number: 9698-77-9155-00000
  • Plat Reference Section Pages: 4810
  • Zoning Specification: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2012
Closed on
Oct 9, 2012
Sold by
Proppe Darren Sean and Proppe Sarah M
Bought by
Blanchard Michael R and Blanchard Laura T
Seller's Agent
Sharon McConnaughy
GreyBeard Realty
Buyer's Agent
Alec Cantley
Premier Sotheby’s International Realty
List Price
$279,000
Sold Price
$225,000
Premium/Discount to List
-$54,000
-19.35%
Current Estimated Value
$579,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,572
Avg. Annual Appreciation
7.56%
Original Mortgage
$50,000
Outstanding Balance
$8,656
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$570,916

Purchase Details

Closed on
Aug 19, 2010
Sold by
Taylor Reed John
Bought by
Proppe Darren Sean and Proppe Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,905
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2006
Sold by
Beach Ellen
Bought by
Reed John Taylor

Purchase Details

Closed on
Jun 14, 2005
Sold by
Mills Lee Ann
Bought by
Beach Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 7, 2005
Sold by
Meier Mills David and Mills Lee Ann Anderson
Bought by
Mills Lee Ann Anderson
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blanchard Michael R $225,000 None Available
Proppe Darren Sean $200,000 None Available
Reed John Taylor $300,000 None Available
Beach Ellen $280,000 --
Mills Lee Ann Anderson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanchard Michael R $50,000
Previous Owner Proppe Darren Sean $189,905
Previous Owner Beach Ellen $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $225,000 -19.4% $107 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $279,000 -- $132 / 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 $2,179 $331,300 $41,500 $289,800
2024 $2,179 $331,300 $56,500 $274,800
2023 $2,179 $331,300 $56,500 $274,800
2022 $2,081 $331,300 $56,500 $274,800
2021 $2,081 $331,300 $0 $0
2020 $1,537 $229,700 $0 $0
2019 $1,537 $229,700 $0 $0
2018 $1,537 $229,700 $0 $0
2017 $1,534 $220,800 $0 $0
2016 $1,618 $220,800 $0 $0
2015 $1,618 $220,800 $0 $0
2014 $1,618 $220,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sharon McConnaughy

    GreyBeard Realty

    Section Image
  • Alec Cantley

    Buyer's Agent in 2012

    Alec Cantley

    Premier Sotheby’s International Realty

    (828) 989-4487

    3 in this area

    179 Total Sales

    Alec Cantley
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM520374

Canopy MLS (Canopy Realtor® Association)

APN: 9698-77-9155-00000

North Carolina Buncombe County Swannanoa 28778

395 Lytle Cove Rd, Swannanoa, NC

This home is located at 395 Lytle Cove Rd, Swannanoa, NC 28778 since 12 June 2012 and is currently estimated at $579,572, approximately $274 per square foot. This property was built in 1995. 395 Lytle Cove Rd is a home located in Buncombe County with nearby schools including Black Mountain Primary, Black Mountain Elementary School, and Charles D. Owen Middle School.

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