$399,900
SOLD SEP 30, 2025

40 Pine Ln Asheville, NC 28806

3 Beds
2 Baths
1,411 Sq Ft
0.29 Acres

Recently Sold

$283 Per Sq Ft

5% Below List Price

36 Days on Market

Highlights

  • New Construction
  • Deck
  • Covered Patio or Porch
  • Open Floorplan
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of September 2025

Land yourself in the heart of the action with this brand-new construction nestled minutes from the Outlet Mall, Downtown, and South Asheville. You’ll also enjoy local favorites like High Five Coffee and New Belgium Brewing. Outdoor enthusiasts will love the nearby Blue Ridge Parkway, Mountains-to-Sea Trail, and the scenic beauty of Pisgah National Forest. Inside, the open floor plan is bathed in warm natural light, perfect for entertaining. The spacious primary suite features a large walk-in closet and an elegant bath with dual vanity and custom tile shower. Enjoy a stylish kitchen with stainless steel appliances, granite countertops, soft-close cabinets, and a large island. Luxury vinyl plank flooring flows throughout. Whether you're seeking a primary residence, vacation retreat, or investment property, this thoughtfully designed home offers the perfect blend of comfort and convenience. Potentially up to $2,500 in closing credit.*

Last Agent to Sell the Property

Scott Angelo

EXP Realty LLC Brokerage Email: sales@2020builders.net License #285173 Listed on: 07/24/2025

EXP Realty LLC

Last Buyer's Agent

Scott Angelo

EXP Realty LLC Brokerage Email: sales@2020builders.net License #285173 Listed on: 07/24/2025

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Property is zoned RS8

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,411 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Sand Hill-Venable/Enka Elementary School
  • Enka Middle School
  • Enka High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Built by 2020 Builders LLC
  • Balsam Knob

Listing and Financial Details

  • Assessor Parcel Number 962780339800000

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2025
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 283.42
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: sales@2020builders.net
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1411
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 1411
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1411
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 962780339800000
  • Zoning: RS8
  • Plat Book Slide: 94/3
  • Development Status: Completed
  • Additional Parcels: No
  • Zoning Specification: RS8

Building Info

  • Builder Name: 2020 Builders LLC

MLS Schools

  • Elementary School: Sand Hill-Venable/Enka
  • High School: Enka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2025
Closed on
Sep 23, 2025
Sold by
2020 Builders Llc
Bought by
Wilson William Monroe and Wilson Nataliya Alikovna
Seller's Agent
Scott Angelo
EXP Realty LLC
Buyer's Agent
Scott Angelo
EXP Realty LLC
List Price
$419,900
Sold Price
$399,900
Premium/Discount to List
-$20,000
-4.76%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.77%
Original Mortgage
$345,950
Outstanding Balance
$345,950
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$26,485

Purchase Details

Closed on
Feb 19, 2025
Sold by
Mathis Terry D and Mathis Tonya
Bought by
2020 Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2024
Sold by
Henson Aaron N and Henson Brittania T
Bought by
Mathis Terry D and Mathis Michael S

Purchase Details

Closed on
Mar 11, 1996
Sold by
Mathis Terry
Bought by
Mathis and Mathis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $370,000 None Listed On Document
Warranty Deed $65,000 None Listed On Document
Warranty Deed -- None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,950 FHA
Previous Owner $225,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $399,900 0.0% $283 / Sq Ft
08/13/2025 08/13/25 Price Changed $399,900 -4.8% $283 / Sq Ft
07/24/2025 07/24/25 For Sale $419,900 -- $298 / 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 -- $37,400 $37,400 --
2024 -- $37,400 $37,400 --
2023 $337 $37,400 $37,400 $0
2022 $333 $37,400 $0 $0
2021 $333 $37,400 $0 $0
2020 $319 $33,300 $0 $0
2019 $319 $33,300 $0 $0
2018 $1,691 $176,500 $0 $0
2017 $1,708 $154,900 $0 $0
2016 $1,671 $154,900 $0 $0
2015 $1,671 $154,900 $0 $0
2014 $1,648 $154,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4275067

Canopy MLS (Canopy Realtor® Association)

APN: 9627-80-3398-00000