NOT LISTED FOR SALE

398 Vanderbilt Rd Asheville, NC 28803

Estimated Value: $2,615,000 - $11,514,176

5 Beds
10 Baths
15,138 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $7,700,000 $509 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $42,455/month

33 Days on Market

Highlights

  • Golf Course Community
  • Pond
  • Georgian Architecture
  • T.C. Roberson High School Rated A
  • Marble Flooring
  • Finished Attic

About This Home

As of September 2020

Designed by architect, Harrie T. Lindeberg, this exquisite Georgian estate evokes the very essence of sophistication and elegance. Grand and gracious with impressively scaled rooms throughout home. Unsurpassed quality, from the signature Lindeberg staircase, heart pine library, and antique mantles, to the sunroom with German leaded glass. His artistry is on display at every glance of this property. Exceptional master wing with customized dual closets, wet bar, exercise room, and private walled terrace with fountain. Custom Gourmet kitchen with spectacular cabinetry, beams, breakfast room with peacock window design, and elegant formal dining with unsurpassed detail. Fabulous office with custom cabinets. Idyllic setting in prestigious Biltmore Forest overlooking the 13th fairway and Country Club with a sweeping lawn. This picturesque landscape features a winding drive, pond, gardens, multiple water features, and terraces. A once in a lifetime property! First time on the market.

Last Agent to Sell the Property

Marilyn Wright

Premier Sotheby’s International Realty License #265917 Listed on: 05/08/2020

Premier Sotheby’s International Realty

Last Buyer's Agent

Wendy Puffer

Keller Williams Professionals License #275858

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • Level Lot
  • Irrigation

Parking

  • Workshop in Garage

Home Design

  • Georgian Architecture
  • Stone Siding

Interior Spaces

  • Wood Burning Fireplace
  • Finished Attic
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Cork
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Pond
  • Heating System Uses Natural Gas

Community Details

  • Golf Course Community
  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 964667857600000
  • Tax Block GCA

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2.5 Story/Basement
  • Architectural Style: Georgian
  • Ratio Close Price By List Price: 0.88000
  • Ratio Close Price By Original Li: 0.88000
  • Ratio Current Price By Acre: 1703539.82
  • Ratio Current Price By Sq Ft: 508.65
  • Year Built: 1927
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 2790
  • Full Bathrooms: 6
  • Half Bathrooms: 4
  • Total Bathrooms: 10.00
  • Total Bedrooms: 5
  • Equipment: Beverage Refrigerator, Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Generator, Microwave, Natural Gas, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Living Room, Primary Bedroom, Natural Gas, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: 1/2 bath mirror, no artwork, Blue Heron in water feature
  • Fixture Exception Yn: Yes
  • Flooring: Cork, Marble, Stone, Tile, Wood
  • Interior Amenities: Attic Finished, Built-Ins, Garage Shop, Kitchen Island, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Upper
  • Room Count: 3
  • Sq Ft Basement: 2779
  • Lower Level Sq Ft: 371
  • Main Level Sq Ft: 8296
  • Third Level Sq Ft: 902
  • Total Sq Ft: 15138

Exterior Features

  • Construction: Brick Full, Stone
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water, Well Installed
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Golf Course, Playground

Schools

  • Elementary School: William Estes
  • Middle School: Charles T Koontz
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Golf Course View, Level, Pond, Views
  • Lot Size Area: 4.520
  • Parcel Number: 964667857600000
  • Plat Book Slide: 0002/0034
  • Plat Reference Section Pages: 0002/0034
  • Zoning Specification: R1

Tax Info

  • Tax Value: 4788900.00
  • Tax Block: GCA
  • Tax Location: Biltmore Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Sep 4, 2020
Sold by
Warlick Paul W and Warlick Mary Anne
Bought by
Foster Paul W and Paul W Forster Iii Reovcable Trust
Seller's Agent
Marilyn Wright
Premier Sotheby’s International Realty
Buyer's Agent
Wendy Puffer
Keller Williams Professionals
List Price
$8,750,000
Sold Price
$7,700,000
Premium/Discount to List
-$1,050,000
-12%
Current Estimated Value
$7,064,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$635,412
Avg. Annual Appreciation
-3.76%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Warlick Paul W
Bought by
Warlick Paul W

Purchase Details

Closed on
Nov 28, 2000
Sold by
Warlick Dorothy I
Bought by
Warlick Paul W
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
Foster Paul W $7,700,000 None Available
Warlick Paul W -- --
Warlick Paul W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warlick Paul W $302,000
Previous Owner Warlick Paul W $376,965
Previous Owner Warlick Paul $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $7,700,000 -12.0% $509 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $8,750,000 -- $578 / 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 $41,254 $7,830,900 $1,086,400 $6,744,500
2022 $38,215 $7,830,900 $0 $0
2021 $38,215 $7,830,900 $0 $0
2020 $25,333 $4,788,900 $0 $0
2019 $23,400 $4,423,400 $0 $0
2018 $23,400 $4,423,400 $0 $0
2017 $23,842 $2,744,300 $0 $0
2016 $16,576 $2,744,300 $0 $0
2015 $16,576 $2,744,300 $0 $0
2014 $16,576 $2,744,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3608293

Canopy MLS (Canopy Realtor® Association)

APN: 9646-67-8576-00000