NOT LISTED FOR SALE

40 Mountain Azalea Dr Swannanoa, NC 28778

Estimated Value: $746,000 - $903,000

3 Beds
3 Baths
2,807 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $667,500 $238 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,102/month

2 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Rustic Architecture
  • Private Lot
  • Engineered Wood Flooring
  • Walk-In Closet

About This Home

As of June 2021

Here's your opportunity to own a private, charming rustic mountain retreat with million-dollar views, but not spend a million dollars! Seriously, some of the best views for the money you will find around Asheville! This cozy log cabin is situated near the top of the mountain and is surrounded by natural beauty you can enjoy from the large upper and lower decks with long range-views from both levels. This lovely cabin is updated with an open floor plan and has two stone fireplaces for your enjoyment. Well-known local artist Stebo designed and built the stair railings, chandelier and fireplace mantle on the main floor enhancing the cabin's natural charm. House also includes two master suites, Ipe Brazilian walnut flooring, stone walk paths and a lush woodland garden. All of this in a gated community convenient to Black Mountain and downtown Asheville.

Last Agent to Sell the Property

Mark Mathews

Appalachian Realty Associates License #148760 Listed on: 04/28/2021

Last Buyer's Agent

Ryan Mccullough

Nest Realty Asheville License #279667

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1

Home Design

  • Rustic Architecture
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Utilities

  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Association Phone (904) 669-9613

Listing and Financial Details

  • Assessor Parcel Number 9698-92-8063

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$130 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Rustic
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98889
  • Ratio Close Price By Original Li: 0.98889
  • Ratio Current Price By Acre: 227040.82
  • Ratio Current Price By Sq Ft: 237.80
  • Year Built: 2001
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Oven, Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs, Great Room
  • Flooring: Prefinished Wood, Tile
  • H O A Management Phone: 904-669-9613
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1076
  • Main Level Sq Ft: 1731
  • Total Sq Ft: 2807
  • Sq Ft Unheated Basement: 197
  • Sq Ft Unheated Total: 197

Exterior Features

  • Construction: Log
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 1554.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Sloping, Trees, Winter View, Wooded, Year Round View
  • Lot Size Area: 2.940
  • Parcel Number: 9698-92-8063
  • Plat Book Slide: 97
  • Plat Reference Section Pages: 150
  • Zoning Specification: R-LD

Tax Info

  • Tax Value: 562500.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 3, 2021
Sold by
Ray Yvonne L
Bought by
Lloyd Scot David and Lloyd Dawn Scheuneman
Seller's Agent
Mark Mathews
Appalachian Realty Associates
Buyer's Agent
Ryan Mccullough
Nest Realty Asheville
List Price
$675,000
Sold Price
$667,500
Premium/Discount to List
-$7,500
-1.11%
Current Estimated Value
$853,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,602
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
May 1, 2018
Closed on
Oct 8, 2018
Sold by
Wagner Timothy D and Wagner Carmen
Bought by
Ray Yvonne L
Seller's Agent
Viv Snyder
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Sheryl Near
Asheville Realty Group
List Price
$550,000
Sold Price
$523,000
Premium/Discount to List
-$27,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Aug 10, 2006
Sold by
Boman Beccah and Boman Beckie L
Bought by
Wagner Timothy D and Wagner Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.74%
Mortgage Type
Unknown
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
Lloyd Scot David $667,500 None Available
Ray Yvonne L $523,000 None Available
Wagner Timothy D $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Timothy D $318,000
Previous Owner Wagner Timothy D $336,000
Previous Owner Wagner Timothy D $337,500
Previous Owner Boman Beckie L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $667,500 -1.1% $238 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $675,000 +29.1% $240 / Sq Ft
10/17/2018 10/17/18 Sold $523,000 -2.2% $203 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
08/30/2018 08/30/18 Price Changed $535,000 -2.7% $208 / Sq Ft
05/01/2018 05/01/18 For Sale $550,000 -- $213 / 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 $3,610 $593,900 $45,800 $548,100
2022 $3,447 $593,900 $0 $0
2021 $3,533 $562,500 $0 $0
2020 $2,884 $431,100 $0 $0
2019 $2,884 $431,100 $0 $0
2018 $2,316 $346,200 $0 $0
2017 $2,313 $354,800 $0 $0
2016 $2,601 $354,800 $0 $0
2015 $2,601 $354,800 $0 $0
2014 $2,601 $354,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3731555

Canopy MLS (Canopy Realtor® Association)

APN: 9698-92-8063-00000