NOT LISTED FOR SALE

40 Spring Hollow Ln Fairview, NC 28730

Estimated Value: $1,036,125 - $1,238,000

4 Beds
4 Baths
4,028 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $725,000 $180 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,533/month

3 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Wood Flooring
  • Fairview Elementary School Rated A-
  • Pond
  • Modern Architecture

About This Home

As of October 2020

Modern meets the Mountains with Magnificent Results! Perfect for enjoying life inside and out, a nature lover's dream on 3+ acres with perennial gardens galore, koi pond, flagstone patios, upper/lower decks, screened-in relaxing space and fire pit area. Peaceful, serene and very private, wonderful neighbors just a stone's throw away. Custom chef's kitchen, separate dining and breakfast/family room combination for easy, casual living. Beautiful 7" solid oak flooring, Tennessee stone wood burning fireplace, architectural ceilings, all baths renovated including large soaking tub in master, spacious walk in master closet w-laundry area w/d for convenience, many closets for storage, finished bsmt. with wet bar, media room, workout and indoor workshop. Plenty of space for cars-toys in the upper-lower garages. 20 minutes to Asheville, airport, and Hendersonville. Hiking nearby, and farms-businesses with locally sourced fresh products! All this and so much more! Come home to this Paradise.

Last Agent to Sell the Property

Karon Korp

Asheville Realty Group License #276640 Listed on: 09/03/2020

Co-Listed By

Russ Martin

Asheville Realty Group License #301577

Last Buyer's Agent

Carol Marin

Mosaic Community Lifestyle Realty License #242121

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Private Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Modern Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Pocket Doors
  • Storage Room
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Pond
  • Fire Pit

Utilities

  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 9695-89-9492-00000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Modern
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 220364.74
  • Ratio Current Price By Sq Ft: 179.99
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Block
  • Upper Level Sq Ft: 1320
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Pocket Doors
  • Equipment: Convection Oven, Cooktop Gas, Disposal, Dryer, Electric Oven, Exhaust Hood, Freezer, Ice Maker Connection, Microwave, Propane, Radon Mitigation System, Refrigerator, Self Cleaning Oven, Wall Oven, Washer, Wine Refrigerator
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Chandelier in family room;portable exterior camera system;personal exterior yard art; 2 steel planters along fence.
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Basement Shop, Breakfast Bar, Open Floorplan, Pantry, Storage Unit, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Location: Upper
  • Room Count: 3
  • Sq Ft Basement: 1388
  • Main Level Sq Ft: 1320
  • Total Sq Ft: 4028

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway, Garage - 2 Car, Garage - 3 Car, Garage Door Opener, On-Street Parking, Parking Space - 3

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Artificial Waterfall, Cul-de-sac Lot, Paved Frontage, Pond, Private, Sloping, Trees
  • Parcel Number: 9695-89-9492-00000
  • Zoning Specification: RES

Tax Info

  • Tax Value: 371200.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 29, 2020
Sold by
Principe Anthony P and Principe Suzette
Bought by
Lawlor Kathleen Egan and Oishi Andrew Christopher
Seller's Agent
Karon Korp
Asheville Realty Group
Buyer's Agent
Carol Marin
Mosaic Community Lifestyle Realty
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$1,164,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,781
Avg. Annual Appreciation
9.74%
Original Mortgage
$580,000
Outstanding Balance
$516,118
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$648,663

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 24, 2020
Sold by
Principe Anthony P and Principe Suzette
Bought by
Lawlor Kathleen Egan and Oishi Andrew Christopher
Seller's Agent
Karon Korp
Asheville Realty Group
Buyer's Agent
Carol Marin
Mosaic Community Lifestyle Realty
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$516,118
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$648,663

Purchase Details

Listed on
Mar 31, 2014
Closed on
Mar 24, 2014
Sold by
Schmid Erich K and Schmid Marilyn K
Bought by
Principe Anthony P and Principe Suzette
Buyer's Agent
Karon Korp
Asheville Realty Group
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lawlor Kathleen Egan $725,000 None Available
Lawlor Kathleen Egan $725,000 Clement Eva
Principe Anthony P $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawlor Kathleen Egan $580,000
Closed Lawlor Kathleen Egan $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $725,000 0.0% $180 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $725,000 +107.1% $180 / Sq Ft
03/31/2014 03/31/14 Sold $350,000 0.0% $137 / Sq Ft View Prior Sale
03/31/2014 03/31/14 For Sale $350,000 -- $137 / 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 $4,873 $719,200 $67,400 $651,800
2024 $4,873 $719,200 $67,400 $651,800
2023 $4,873 $719,200 $67,400 $651,800
2022 $4,553 $719,200 $0 $0
2021 $4,553 $719,200 $0 $0
2020 $2,502 $371,200 $0 $0
2019 $2,502 $371,200 $0 $0
2018 $2,391 $371,200 $0 $0
2017 $2,391 $372,000 $0 $0
2016 $2,637 $372,000 $0 $0
2015 $2,637 $372,000 $0 $0
2014 $2,514 $354,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3657192

Canopy MLS (Canopy Realtor® Association)

APN: 9695-89-9492-00000