NOT LISTED FOR SALE

408 Bass Lake Dr Pisgah Forest, NC 28768

Estimated Value: $177,000 - $288,000

2 Beds
1 Bath
928 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $150,000 $162 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,283/month

58 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Skylights
  • Wooded Lot
  • Screened Porch
  • Glass Enclosed

About This Home

As of November 2022

Adorable little cottage in Bass Lake community. This location is in the center of it all, downtown Brevard is only 9 miles, downtown Hendersonville 12 miles and the Asheville Airport is just 13 miles. You are minutes from hiking and biking in Pisgah National Forest and Dupont State Forest. This home has been a rental for several years but it is now ready for a new owner with a vision. There is so much potential for a mountain getaway, a full time home or vacation rental (see restriction notes). This beautiful, quiet lot is wooded and majestic. There may be a potential for views with a little tree clearing, lot connects to Bass Lake Road on both sides. Bring your vision and view it before it's gone.

Last Agent to Sell the Property

Cherie Goldsmith

Homestead Realty License #281982 Listed on: 09/24/2022

Last Buyer's Agent

Scott Coggins

Allen Tate/Beverly-Hanks Asheville-Downtown License #337413

Allen Tate/Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $828

Year Built

  • Built in 1968

Lot Details

  • 0.38

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 928 Sq Ft Home
  • Skylights
  • Screened Porch
  • Wood Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Pisgah Forest Elementary School
  • Brevard Middle School
  • Brevard High School

Utilities

  • Baseboard Heating
  • Shared Well
  • Septic Tank

Additional Features

  • Glass Enclosed
  • Wooded Lot

Community Details

  • Greg Carter Association, Phone Number (828) 577-2398
  • Bass Lake Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 9517-89-2474-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$828

Year Built

Built in 1968

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1968
  • Ratio Current Price By Acre: 394736.84
  • Restrictions: Short Term Rental Allowed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: HOA has no opposition to rentals, however, owners do want to reserve the right to revisit the issue at any further date/time.
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 161.64
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Fireplace: No
  • Flooring: Wood, See Remarks
  • Interior Amenities: Skylight(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 928
  • 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
  • Porch: Back,Enclosed Patio,Front,Screened
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 928
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Bass Lake
  • Waterfront Features: Boat Slip – Community
  • Waterfront Elevation: 2000
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Carport - 1 Car, Driveway

Utilities

  • Heating: Baseboard, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Greg Carter
  • Phone: 828-577-2398
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Brevard
  • HOA Subject To: Required
  • HOA Email: 25gregc@gmail.com
  • CAR_YearlyHOAExpense: 400.00

Lot Info

  • Lot Features: Wooded, Wooded
  • Lot Size Area: 0.38
  • Lot Size Units: Acres
  • Parcel Number: 9517-89-2474-000
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.86594

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Pisgah Forest
  • High School: Brevard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Nov 14, 2022
Sold by
Cook Mikl P and Cook Marsha
Bought by
Colwell Kristina and Colwell Cliff
Seller's Agent
Cherie Goldsmith
Homestead Realty
Buyer's Agent
Scott Coggins
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$189,000
Sold Price
$150,000
Premium/Discount to List
-$39,000
-20.63%
Views
45
Current Estimated Value
$216,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,650
Avg. Annual Appreciation
14.98%

Purchase Details

Closed on
Sep 1, 2002
Bought by
Cook Mikl P
Source: Public Records

Range of Values:

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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
Colwell Kristina $150,000 --
Cook Mikl P $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Miki P $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $150,000 -16.2% $162 / Sq Ft
09/30/2022 09/30/22 Price Changed $179,000 -5.3% $193 / Sq Ft
09/24/2022 09/24/22 For Sale $189,000 -- $204 / 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 $828 $172,380 $27,000 $145,380
2024 $632 $95,930 $27,000 $68,930
2023 $632 $95,930 $27,000 $68,930
2022 $632 $95,930 $27,000 $68,930
2021 $627 $95,930 $27,000 $68,930
2020 $561 $80,580 $0 $0
2019 $557 $80,580 $0 $0
2018 $485 $80,580 $0 $0
2017 $485 $80,580 $0 $0
2016 $482 $80,580 $0 $0
2015 $391 $86,470 $20,000 $66,470
2014 $391 $86,470 $20,000 $66,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3907152

Canopy MLS (Canopy Realtor® Association)

APN: 9517-89-2474-000