NOT LISTED FOR SALE

448 Verbena Dr Black Mountain, NC 28711

Estimated Value: $679,000 - $1,409,000

3 Beds
3 Baths
1,901 Sq Ft
$605/Sq Ft Est. Value

Last Sold October 12, 2020

Last sale price $765,000 $402 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,048/month

46 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Rustic Architecture
  • Open Floorplan
  • Wood Flooring
  • Fireplace

About This Home

As of October 2020

2 incredible cabins and jaw-dropping views for miles from this ultra-private vacation estate in gated Creston, near Black Mountain, NC! Property sits at the end of a cul-de-sac behind its own gate and is comprised of 3 lots (one is still available to build on). It is surrounded by 336 acres of protected land within the community, which then connects to thousands of acres of Pisgah National Forest and Foothills Land Conservancy land. Sit on the covered deck and listen to the sounds of the waterfalls down below, or even hike to them on trails in the community. Cabins are exquisitely crafted and have vaulted ceilings, lots of covered decks and patios, real stone, and board & batten siding. Ample flat parking for residents and guests. Ideally situated to be used as a private estate, escape property, or income-producing vacation rentals. Spectrum high-speed internet! Sold furnished. Unfinished basement in guest cabin serves as a great workshop and huge storage area.

Last Agent to Sell the Property

Scott Russell

Allen Tate/Beverly-Hanks Freestone Properties License #246481 Listed on: 07/11/2020

Last Buyer's Agent

Scott Russell

Allen Tate/Beverly-Hanks Freestone Properties License #246481 Listed on: 07/11/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Level Lot

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Cabin
  • Stone Siding

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0638-00-55-8324

Community Details

Overview

  • Ipm Association

Recreation

  • Community Playground
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cabin, Rustic
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95892
  • Ratio Close Price By Original Li: 0.95892
  • Ratio Current Price By Acre: 313524.59
  • Ratio Current Price By Sq Ft: 402.42
  • Year Built: 2009
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Crawl Space
  • Upper Level Sq Ft: 147
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Central Vacuum, Convection Oven, Cooktop Electric, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Fireplace Description: Gas Vented, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Open Floorplan, Vaulted Ceiling
  • Laundry Location: Main, Closet
  • Room Count: 4
  • Second Living Quarters: Guest House, Separate Kitchen Facilities, Separate Living Quarters
  • Second Living Quarters Hla: 906
  • Second Living Quarters Sq Ft: 679
  • Sq Ft Basement: 815
  • Main Level Sq Ft: 939
  • Total Sq Ft: 1901
  • Sq Ft Unheated Basement: 111
  • Sq Ft Unheated Total: 111

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: g-On-Demand Water Heater, Propane

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Playground, Walking Trails
  • Association Fee: 5454.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Long Range View, Mountain View, Year Round View
  • Lot Size Area: 2.440
  • Parcel Number: 0638-00-55-8324
  • Plat Book Slide: 11/68

Tax Info

  • Tax Value: 516240.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Barron Joseph E and Barron Olga N
Bought by
Stewart Mary Susan
Current Estimated Value
$1,150,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Outstanding Balance
$828,560
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$319,785

Purchase Details

Listed on
Jul 11, 2020
Closed on
Oct 5, 2020
Sold by
Gaudet Joseph E and Gaudet Joseph E
Bought by
Barron Joseph E
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$797,770
Sold Price
$765,000
Premium/Discount to List
-$32,770
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Feb 21, 2017
Sold by
Jrg Llc
Bought by
Gaudet Joseph E and Gaudet Gloria M

Purchase Details

Closed on
Nov 18, 2014
Sold by
Jrg Llc
Bought by
Jrg Llc

Purchase Details

Closed on
Nov 27, 2007
Sold by
Gaudet Joseph E and Gaudet Gloria M
Bought by
Jrg Llc

Purchase Details

Closed on
Jul 3, 2006
Sold by
Creston Development Llc
Bought by
Quintana Manuel O and Quintana Elisa Maria
Source: Public Records

Range of Values:

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Average Value
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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
Stewart Mary Susan $1,075,000 None Listed On Document
Barron Joseph E $765,000 None Available
Gaudet Joseph E -- None Available
Jrg Llc -- None Available
Jrg Llc $300,000 None Available
Quintana Manuel O $86,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Mary Susan $860,000
Previous Owner Gaudet Joseph E $200,000
Previous Owner Gaudet Joseph E $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2020 10/12/20 Sold $765,000 -4.1% $402 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $797,770 -- $420 / 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
2024 $4,467 $658,910 $125,000 $533,910
2023 $4,467 $658,910 $125,000 $533,910
2022 $3,552 $516,240 $100,000 $416,240
2021 $3,552 $516,240 $100,000 $416,240
2020 $3,603 $516,240 $0 $0
2019 $3,603 $403,500 $0 $0
2017 $3,989 $622,760 $0 $0
2016 $3,989 $403,500 $258,750 $144,750
2014 $1,706 $279,750 $135,000 $144,750
2013 -- $279,750 $135,000 $144,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3638684

Canopy MLS (Canopy Realtor® Association)

APN: 0638-00-55-8324