NOT LISTED FOR SALE

401 Chapel Rd Unit R7 Black Mountain, NC 28711

Estimated Value: $203,000 - $385,000

0.71 Acre
$403,286 Price per Acre
30,928 Sq Ft Lot

Last Sold July 08, 2016

Last sale price $114,000

Est. 151% increase in value since last sale

Current estimated payment $1,663/month

74 Days on Market

About This Lot

As of July 2016

Exceptional views and great location in town! The Ridge at Black Mountain Estates offers great views AND city water and sewer. Rare opportunity to live at the top of Black Mountain and have a 5-minute drive to downtown. Lot offers incredible views to the East (see photos). Many lots have already sold, and several homes are already built. Adjacent to established Black Mountain Estates. List agent has building plans on file, which include a flat driveway. Cable available per Charter.

Last Listed By

Scott Russell

Allen Tate/Beverly-Hanks Freestone Properties License #246481 Listed on: 04/05/2016

Property Details

Property Type

  • Land

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 0609-69-9397-00000
  • Tax Block 90

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88372
  • Ratio Close Price By Original Li: 0.88372
  • Ratio Current Price By Acre: 160563.38
  • Restrictions: Architectural Review, Modular Not Allowed, Square Feet
  • Restrictions Description: Attached in MLS
  • Special Features: None

Interior Features

  • Foundation Details: Basement

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: County Sewer, Tap Fee Required
  • Water: City Water, Connection Fee Required

Schools

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

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved Frontage, Year Round View
  • Lot Size Area: 0.710
  • Parcel Number: 0609-69-9397-00000
  • Zoning: Residential
  • Zoning Specification: CR1
  • Plat Book Slide: 179

Tax Info

  • Tax Value: 65900.00
  • Tax Amount Ncm: 645.00
  • Tax Block: 90
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jul 8, 2016
Sold by
Mountain Ventures Inc
Bought by
Wheeless Carson and Daniels Celia C
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Kathy Gurney
Lantern Realty & Development
List Price
$129,000
Sold Price
$114,000
Premium/Discount to List
-$15,000
-11.63%
Total Days on Market
74
Current Estimated Value
$286,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,333
Avg. Annual Appreciation
10.95%

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
Wheeless Carson $114,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $114,000 -11.6% --
06/18/2016 06/18/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $129,000 -- --
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 $907 $108,200 $108,200 $0
2022 $859 $108,200 $0 $0
2021 $859 $108,200 $0 $0
2020 $932 $108,200 $0 $0
2019 $932 $108,200 $0 $0
2018 $932 $108,200 $0 $0
2017 $943 $65,900 $0 $0
2016 $645 $65,900 $0 $0
2015 $645 $65,900 $0 $0
2014 $645 $65,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3162755

Canopy MLS (Canopy Realtor® Association)

APN: 0609-69-9397-00000