$1,215,000
SOLD APR 15, 2025

431 Chapel Rd Black Mountain, NC 28711

3 Beds
3.5 Baths
2,783 Sq Ft
0.85 Acres

Recently Sold

$437 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 2 Car Attached Garage
  • Mountain View
  • Screened Porch
  • Walk-In Closet

About This Home

As of April 2025

Come 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

Megan Shook

Mosaic Community Lifestyle Realty Brokerage Email: megan@mymosaicrealty.com License #255216 Listed on: 03/12/2025

Last Buyer's Agent

Elizabeth Putnam

Mosaic Community Lifestyle Realty License #244183

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
  • Gas Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

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

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2015
  • Restrictions: Short Term Rental Allowed
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 436.58
  • Geocode Confidence: High
  • Attribution Contact: megan@mymosaicrealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1466
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Hood, Microwave, Refrigerator, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 1466
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1317
  • Fireplace Features: Gas, Living Room
  • Living Area: 2783
  • Bedroom Main: 1
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Construction Type: Cedar Shake, Fiber Cement
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Heat Pump, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Views
  • Lot Size Units: Acres
  • Parcel Number: 0609-69-9250-00000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CR-1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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
$1,204,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,476
Avg. Annual Appreciation
-1.18%
Original Mortgage
$807,000
Outstanding Balance
$802,877
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$401,647

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
Howard Hanna Beverly-Hanks Freestone Properties
Buyer's Agent
Scott Russell
Howard Hanna 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
Howard Hanna 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
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 $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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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 -- $615,900 $122,000 $493,900
2024 -- $672,000 $122,000 $550,000
2023 -- $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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4232515

Canopy MLS (Canopy Realtor® Association)

APN: 0609-69-9250-00000