$1,250,000
SOLD JUL 27, 2018

45 Fates Overlook Loop Black Mountain, NC 28711

6 Beds
7 Baths
6,107 Sq Ft
1.19 Acres

Recently Sold

$205 Per Sq Ft

16% Below List Price

439 Days on Market

Highlights

  • Whirlpool in Pool
  • Waterfront
  • Clubhouse
  • Gated Community
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of January 2023

Top of the world luxury and panoramic views await from this exquisitely appointed home in exclusive The Settings of Black Mountain. Ever changing sunsets, a welcoming small town atmosphere and just a short drive to Asheville sets this unique community apart from all else you've seen, in the most wonderful ways. The gourmet chef's kitchen, massive stone fireplaces inside and out, luxurious owner's suite and incredible, lower level living space await in lovely, peaceful Black Mountain.

Last Agent to Sell the Property

Mark Fields

Mark Fields & Associates License #259946 Listed on: 04/16/2017

Last Buyer's Agent

Ann Roth

Nest Realty Asheville License #286437

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Spray Foam Insulation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Whirlpool in Pool
  • Pond
  • Creek On Lot
  • Outdoor Fireplace
  • Terrace

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0618-47-7591-00000

Community Details

Overview

  • Ipm Association

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$96 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.89350
  • Ratio Close Price By Original Li: 0.83612
  • Ratio Current Price By Acre: 1050420.17
  • Ratio Current Price By Sq Ft: 204.68
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 670
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bathrooms: 7.00
  • Total Bedrooms: 6
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Central Vacuum, CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Downdraft Cooktop, Dryer, Exhaust Fan, g-Energy Star® Dishwasher, g-Energy Star® Refrigerator, Ice Maker Connection, Intercom, Microwave, Natural Gas, Network Ready, Refrigerator, Self Cleaning Oven, Surround Sound, Wall Oven
  • Fireplace Description: Gas Logs, Great Room, Living Room, Natural Gas, Porch, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Slate, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Whirlpool, Window Treatments, Walk-In Pantry
  • Laundry Location: Main, Basement, Closet, Laundry Room
  • Room Count: 3
  • Lower Level Sq Ft: 2666
  • Main Level Sq Ft: 2771
  • Total Sq Ft: 6107

Exterior Features

  • Construction: Cedar Shake, Fiber Cement, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace, Terrace, Wired Internet Available
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt, Shared
  • Parking: Garage - 3 Car

Utilities

  • Green Building Features: g-Spray Foam Insulation
  • Heating: Central Air, Heat Pump - Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Playground, Pond, Recreation Area, Sidewalk, Walking Trails
  • Association Fee: 1150.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 51836
  • Lot Features: Cul-de-sac Lot, Mountain View, Waterfront, Long Range View, Private, Sloping, Trees, Views, Wooded, Year Round View, Creekfront
  • Lot Size Area: 1.190
  • Parcel Number: 0618-47-7591-00000
  • Plat Reference Section Pages: 1682
  • Zoning: Residential
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 743700.00
  • Tax Amount Ncm: 7281.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2022
Closed on
Jan 13, 2023
Sold by
James M Anderson Living Trust
Bought by
Wallace Katharine H
Seller's Agent
Ann Roth
Nest Realty Asheville
Buyer's Agent
Sherri Tucker
Weichert Realtors Mountain Executives
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$300,000
Outstanding Balance
$291,860
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$2,038,511

Purchase Details

Listed on
Apr 16, 2017
Closed on
Jul 27, 2018
Sold by
Booth David B and Booth Tracy
Bought by
Anderson James M and James M Anderson Living Trust
Seller's Agent
Mark Fields
Mark Fields & Associates
Buyer's Agent
Ann Roth
Nest Realty Asheville
List Price
$1,495,000
Sold Price
$1,250,000
Premium/Discount to List
-$245,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
May 12, 2005
Sold by
The Settings Of Black Mountain Llc
Bought by
Booth David B and Booth Tracy
Source: Public Records

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Range of Values:

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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 $1,900,000 --
Warranty Deed $1,250,000 None Available
Warranty Deed $220,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $200,000 New Conventional
Previous Owner $365,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $2,300,000 +21.1% $412 / Sq Ft
01/27/2023 01/27/23 Sold $1,900,000 -5.0% $337 / Sq Ft
12/23/2022 12/23/22 For Sale $2,000,000 +60.0% $355 / Sq Ft
07/27/2018 07/27/18 Sold $1,250,000 -16.4% $205 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
04/16/2017 04/16/17 For Sale $1,495,000 -- $245 / 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 $14,820 $1,767,200 $90,900 $1,676,300
2022 $10,914 $1,374,500 $0 $0
2021 $10,914 $1,374,500 $0 $0
2020 $7,234 $839,700 $0 $0
2019 $7,234 $839,700 $0 $0
2018 $6,694 $777,000 $0 $0
2017 $6,772 $743,700 $0 $0
2016 $7,281 $743,700 $0 $0
2015 $7,281 $743,700 $0 $0
2014 $7,281 $743,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3270730

Canopy MLS (Canopy Realtor® Association)

APN: 0618-47-7591-00000