NOT LISTED FOR SALE

440 Appalachian Way Black Mountain, NC 28711

Estimated Value: $868,000 - $1,129,000

5 Beds
3 Baths
2,685 Sq Ft
$352/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $800,000 $298 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,550/month

24 Days on Market

Highlights

  • Open Floorplan
  • Hilly Lot
  • Cathedral Ceiling
  • Deck
  • Wooded Lot
  • Screened Porch

About This Home

As of March 2022

This well maintained spacious home has long range views of Mount Pisgah. You read that right, long range views west towards Asheville in Montreat!! With four porches, two kitchen, and three living room spaces, there is plenty of room for everyone to spread out and enjoy the quiet wooded wilderness that surrounds this Montreat Chalet. The house has a shared driveway with parking for at least four cars at the top, 2 cars along the driveway and is just minutes from Lake Susan in one direction and countless Montreat hiking trail in the other. Ready for a vacation rental or second home, the house is being offered fully furnished minus a few sentimental items to the seller. The house has two separate hot water heaters, one for the main living area, one for the second living space in the lower level.

Last Agent to Sell the Property

Rachel Sudnik

GreyBeard Realty License #292562 Listed on: 01/05/2022

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1994

Lot Details

  • Paved or Partially Paved Lot
  • Steep Slope
  • Hilly Lot
  • Wooded Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Additional Homes

  • Separate Entry Quarters

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Baseboard Heating

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 0720-27-4591-00000
  • Tax Block 80

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,165

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1994
  • Ratio Current Price By Acre: 1481481.48
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Interior Connected,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities
  • Road Surface Type: Asphalt, Concrete, Shared
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Block
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Linoleum
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1054
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 171
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 171
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 758
  • Porch: Back,Balcony,Covered,Deck,Screened,Side
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Radon Mitigation System, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 873
  • Fireplace Features: Living Room
  • Living Area: 2685
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Montreat
  • Construction Type: Site Built
  • Waterfront Elevation: 2000
  • Construction Type: Fiber Cement, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 4+

Utilities

  • Heating: Central, Baseboard, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Lower Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: None

Lot Info

  • Lot Features: Hilly, Long Range View, Mountain View, Paved, Sloped, Steep Slope, Wooded, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 0.54
  • Lot Size Units: Acres
  • Parcel Number: 0720-27-4591-00000
  • Plat Book Slide: 53
  • Zoning Description: R-1

Tax Info

  • Tax Block: 80
  • RATIO List Price By Tax Amount: 2.21845

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Feb 4, 2022
Sold by
George Gerald W and George Lynn
Bought by
Kemmet Susan and Kemmet Michael
Seller's Agent
Rachel Sudnik
GreyBeard Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$935,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,202
Avg. Annual Appreciation
5.01%
Original Mortgage
$500,000
Outstanding Balance
$469,371
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$476,768
Source: Public Records

Range of Values:

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Average Value
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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
Kemmet Susan $800,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemmet Susan $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $800,000 -5.8% $298 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/25/2022 01/25/22 Price Changed $849,000 -0.1% $316 / Sq Ft
01/05/2022 01/05/22 For Sale $850,000 -- $317 / 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
2023 $5,165 $493,700 $135,900 $357,800
2022 $3,922 $382,700 $0 $0
2021 $3,922 $382,700 $0 $0
2020 $3,619 $335,400 $0 $0
2019 $3,552 $335,400 $0 $0
2018 $3,552 $335,400 $0 $0
2017 $0 $329,000 $0 $0
2016 $3,662 $329,000 $0 $0
2015 $3,662 $329,000 $0 $0
2014 $3,662 $329,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3815939

Canopy MLS (Canopy Realtor® Association)

APN: 0720-27-4591-00000