$1,900,000
SOLD JAN 27, 2023

45 Fates Overlook Loop Black Mountain, NC 28711

6 Beds
4.5 Baths
5,634 Sq Ft
1.19 Acres

Recently Sold

$337 Per Sq Ft

5% Below List Price

35 Days on Market

Highlights

  • Whirlpool in Pool
  • Clubhouse
  • Contemporary Architecture
  • Open Floorplan
  • Deck
  • Private Lot

About This Home

As of January 2023

Gorgeous 6 bedroom, 4.5 bath home in the coveted gated community of The Settings of Black Mountain with Clubhouse and over 2 miles of hiking trails. Stunning mountain views from almost every room, 3 primary suites, and one on the main floor. Huge 3 car garage, several outdoor spaces including a gorgeous screened in porch with fireplace, outdoor deck, and covered patio with outdoor fireplace. Large vaulted ceilings let in natural light and show off the gorgeous views as you walk into the home. Chef's kitchen, 2 dining areas, huge finished basement with kitchenette. Exquisitely furnished by an interior designer, this home is truly a turn-key, move in ready property, ready for you to start making memories and enjoying all that Western North Carolina has to offer.

Last Agent to Sell the Property

Ann Roth

Nest Realty Asheville License #286437 Listed on: 12/23/2022

Nest Realty Asheville

Last Buyer's Agent

Sherri Tucker

Weichert Realtors Mountain Executives License #148159

Weichert Realtors Mountain Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,820

Year Built

  • Built in 2008

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $142 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Double Convection Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • ENERGY STAR Qualified Refrigerator
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Whirlpool in Pool
  • Pond
  • Deck
  • Fireplace in Patio
  • Patio

Schools

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

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0618-47-7591-00000, 0618-47-7665-0000

Community Details

Overview

  • First Services Residential Association, Phone Number (855) 546-9462
  • The Settings Of Black Mountain Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,820

Year Built

Built in 2008

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2008
  • Ratio Current Price By Acre: 1596638.66
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Shared
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 337.24
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Slate, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built Ins, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Whirlpool
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2616
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 686
  • Porch: Back,Covered,Deck,Front,Patio,Screened,Side
  • Fixture Exception Description: large mirror in master bedroom, wood tables in office and one downstairs, rowing machine
  • Appliances: Ceiling Fan(s), Central Vacuum, CO Detector, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Double Oven, Down Draft, Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Plumbed For Ice Maker, Intercom, Natural Gas, Network Ready, Refrigerator, Self Cleaning Oven, Surround Sound, Wall Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2332
  • Fireplace Features: Gas Log, Great Room, Living Room, Gas, Porch, Wood Burning
  • Living Area: 5634
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Black Mountain
  • Construction Type: Site Built
  • Waterfront Elevation: 3000
  • Construction Type: Cedar, Fiber Cement, Stone, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 3 Car

Utilities

  • Heating: Central, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level, In Basement, Closet, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Playground, Pond, Recreation Area, Sidewalks, Walking Trails
  • Association Fee: 1700
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: First Services Residential
  • Phone: 855-546-9462
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required
  • HOA Email: Mark.Hamiter@fsresidential.com
  • CAR_YearlyHOAExpense: 1700.00

Lot Info

  • Lot Features: Cul-De-Sac, Long Range View, Mountain View, Private, Sloped, Wooded, Views, Wooded, Year Round View
  • Lot Size Area: 1.19
  • Lot Size Units: Acres
  • Parcel Number: 0618-47-7591-00000, 0618-47-7665-0000
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.45507

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
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
7.64%
Original Mortgage
$300,000
Outstanding Balance
$291,860
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$1,990,223

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: 3930878

Canopy MLS (Canopy Realtor® Association)

APN: 0618-47-7591-00000