NOT LISTED FOR SALE

4 Whitman Ln Black Mountain, NC 28711

Estimated Value: $721,226 - $918,000

2 Beds
2 Baths
1,469 Sq Ft
$568/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $570,000 $388 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,843/month

66 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Recreation Facilities
  • Trails
  • Wood Flooring
  • Fire Pit
  • High Speed Internet

About This Home

As of August 2020

Dogwood Treehouse is the perfect getaway located in picturesque Cheshire Village in Black
Mountain. Sit by the open fire on the veranda to enjoy the sunset and privacy. This uniquely
designed home is within close proximity to the fitness center, tennis club and local restaurants. Take
advantage of the trails and open park-like setting. The main floor living area is completely open to the living room, kitchen and dining area, with many windows offering much sunlight. French doors provide access to patios for outdoor enjoyment. The master bedroom is located on the top floor with ample space for a king size bed and has a large private bathroom with Jacuzzi tub and shower. The second bedroom is located on the lower level with a full bath and access to a private patio area.

This is the perfect vacation home or investment for vacation rentals. Strong rental history with solid return on investment that can be furnished upon request.

Last Agent to Sell the Property

Bob Sadlemire

Allen Tate/Beverly-Hanks Freestone Properties License #295811 Listed on: 04/21/2020

Last Buyer's Agent

Sunday Grant

GreyBeard Realty License #290391

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 5,227

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace

Flooring

  • Wood
  • Tile

Additional Features

  • Fire Pit
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0619-40-3589-00000

Community Details

Overview

  • Cheshire Association

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.99130
  • Ratio Close Price By Original Li: 0.99130
  • Ratio Current Price By Acre: 4750000.00
  • Ratio Current Price By Sq Ft: 388.02
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Concrete
  • Upper Level Sq Ft: 473
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Laundry Location: Lower
  • Room Count: 3
  • Sq Ft Basement: 472
  • Main Level Sq Ft: 524
  • Total Sq Ft: 1469
  • Sq Ft Unheated Basement: 18
  • Sq Ft Unheated Total: 18

Exterior Features

  • Construction: Cedar Shake, Stone
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Underground Power Lines, Wired Internet Available

Garage/Parking

  • Driveway: Gravel
  • Parking: On-Street Parking, Parking Space - 2

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Playground, Recreation Area, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 840.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cheshire
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Sloping, Winter View
  • Lot Size Area: 0.120
  • Parcel Number: 0619-40-3589-00000
  • Zoning Specification: TND

Tax Info

  • Tax Value: 339600.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
Aug 13, 2020
Sold by
Gillespie Eugene C
Bought by
Kaster Troy Michael
Seller's Agent
Bob Sadlemire
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Sunday Grant
GreyBeard Realty
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%
Current Estimated Value
$834,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,807
Avg. Annual Appreciation
7.95%
Original Mortgage
$456,000
Outstanding Balance
$405,413
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$436,090

Purchase Details

Closed on
Dec 10, 2009
Sold by
Resortline Construction Inc
Bought by
Gillespie Eugene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
4.25%
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
Kaster Troy Michael $570,000 None Available
Gillespie Eugene C $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaster Troy Michael $456,000
Previous Owner Gillespie Eugene C $236,000
Previous Owner Gillespie Eugene C $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $570,000 -0.9% $388 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $575,000 -- $391 / 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
2024 $3,898 $452,700 $92,000 $360,700
2023 $3,898 $452,700 $92,000 $360,700
2022 $3,594 $452,700 $0 $0
2021 $3,594 $452,700 $0 $0
2020 $2,926 $339,600 $0 $0
2019 $2,926 $339,600 $0 $0
2018 $2,926 $339,600 $0 $0
2017 $2,960 $308,100 $0 $0
2016 $3,016 $308,100 $0 $0
2015 $3,016 $308,100 $0 $0
2014 $3,016 $308,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3608995

Canopy MLS (Canopy Realtor® Association)

APN: 0619-40-3589-00000