431 Chapel Rd Black Mountain, NC 28711
3
Beds
3.5
Baths
2,783
Sq Ft
0.85
Acres
Highlights
- Open Floorplan
- Wood Flooring
- 2 Car Attached Garage
- Mountain View
- Screened Porch
- Walk-In Closet
About This Home
As of April 2025Come enjoy stunning, year-round mountain views of the sunrise at this meticulously maintained, 2016-built home, located just two miles from downtown Black Mountain. Black Mountain is the “Front Porch of Western North Carolina” and offers outdoor adventures, plus a charming downtown including lovely shops, parks, live music, and locally owned, award-winning restaurants. This fantastic home is move-in ready and features three bedroom suites with private baths, a spacious kitchen open to the living and dining areas, lovely built-ins, and a beautiful stacked-stone gas fireplace. Basement offers more flex area for gathering or play, or even extra sleeping space. Screened-in patio is the perfect place for relaxing while looking out at your long-range views. Property is approximately 25 minutes from downtown Asheville, and just 1.2 miles to Lake Tomahawk and its walking trails and recreation. Most furnishings available to purchase, should buyers desire a true turnkey opportunity.
Last Agent to Sell the Property
Mosaic Community Lifestyle Realty Brokerage Email: megan@mymosaicrealty.com License #255216 Listed on: 03/12/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2015
Lot Details
- Property is zoned CR-1
Parking
- 2 Car Attached Garage
- Driveway
Interior Spaces
- 1-Story Property
- Open Floorplan
- Living Room with Fireplace
- Screened Porch
- Mountain Views
- Finished Basement
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Zoned Heating and Cooling
- Heat Pump System
Community Details
- The Ridge At Black Mtn Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 0609-69-9250-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2025
Closed on
Apr 8, 2025
Sold by
Powell Susan and Powell Lawrence
Bought by
Hunte Ronald Christopher and Hunte Meryl Debra
Seller's Agent
Megan Shook
Mosaic Community Lifestyle Realty
Buyer's Agent
Elizabeth Putnam
Mosaic Community Lifestyle Realty
List Price
$1,225,000
Sold Price
$1,215,000
Premium/Discount to List
-$10,000
-0.82%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,703
Avg. Annual Appreciation
1.08%
Original Mortgage
$807,000
Outstanding Balance
$804,956
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$414,747
Purchase Details
Listed on
Nov 28, 2020
Closed on
Feb 23, 2021
Sold by
Newnam Frederick Spence and Newnam Virginia Ann
Bought by
Powell Susan and Powell Lawrence
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$799,000
Sold Price
$799,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Purchase Details
Listed on
Apr 4, 2017
Closed on
May 7, 2018
Sold by
Mountain Ventures Inc
Bought by
Newnam Fredrick Spence and Newnam Virginia Ann
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Charlene Jones
LPT Realty, LLC
List Price
$729,900
Sold Price
$685,000
Premium/Discount to List
-$44,900
-6.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$400,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Black Mountain, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,215,000 | None Listed On Document | |
| Warranty Deed | $1,215,000 | None Listed On Document | |
| Warranty Deed | $799,000 | None Available | |
| Warranty Deed | $685,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $807,000 | New Conventional | |
| Closed | $807,000 | New Conventional | |
| Previous Owner | $400,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $1,215,000 | -0.8% | $437 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $1,225,000 | +53.3% | $440 / Sq Ft |
| 03/03/2021 03/03/21 | Sold | $799,000 | 0.0% | $282 / Sq Ft |
| 12/24/2020 12/24/20 | Pending | -- | -- | -- |
| 11/28/2020 11/28/20 | For Sale | $799,000 | +16.6% | $282 / Sq Ft |
| 05/09/2018 05/09/18 | Sold | $685,000 | -6.2% | $241 / Sq Ft |
| 03/10/2018 03/10/18 | Pending | -- | -- | -- |
| 04/04/2017 04/04/17 | For Sale | $729,900 | -- | $257 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | -- | $672,000 | $122,000 | $550,000 |
| 2023 | $5,504 | $672,000 | $122,000 | $550,000 |
| 2022 | $5,336 | $672,000 | $0 | $0 |
| 2021 | $5,336 | $672,000 | $0 | $0 |
| 2020 | $4,628 | $537,200 | $0 | $0 |
| 2019 | $4,628 | $537,200 | $0 | $0 |
| 2018 | $4,572 | $530,700 | $0 | $0 |
| 2017 | $4,625 | $67,500 | $0 | $0 |
| 2016 | $661 | $67,500 | $0 | $0 |
| 2015 | $661 | $67,500 | $0 | $0 |
| 2014 | $661 | $67,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Shook
Seller's Agent in 2025
Megan Shook
Mosaic Community Lifestyle Realty
(828) 450-6797
10 in this area
177 Total Sales
-
Elizabeth Putnam
Buyer's Agent in 2025
Elizabeth Putnam
Mosaic Community Lifestyle Realty
(828) 301-6374
4 in this area
183 Total Sales
-
Scott Russell
Seller's Agent in 2021
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
(828) 713-2060
94 in this area
150 Total Sales
-
Charlene Jones
Buyer's Agent in 2018
Charlene Jones
LPT Realty, LLC
(828) 772-7403
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4232515
APN: 0609-69-9250-00000
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