$635,000
SOLD JUL 24, 2025

45 Lela Ln Alexander, NC 28701

3 Beds
2 Baths
1,797 Sq Ft
9 Acres

Recently Sold

$353 Per Sq Ft

20% Below List Price

243 Days on Market

Highlights

  • 1-Story Property
  • North Buncombe Middle Rated A-
  • Wood Siding

About This Home

As of July 2025

TALK ABOUT BANG FOR YOUR BUCK. Come take a look at this inflation buster!! Almost 1800 Sq. Ft of finished space on the main level and 2,648 Sq. Ft. partially finished basement with an indoor pool. All this and a Beautiful Red Barn with a footprint of 1,350 Sq. Ft. and an upstairs of 921 Sq. Ft. All these improvements sit on a beautiful 8.78 Acres out in Alexander by the crossing of 25/70 and Jupiter Rd. This home place is perfect for the horse lover, or really anybody with a bunch of critters. The property also lends itself well to the organic farmer out there that needs a lot of indoor and outdoor space. The land is mostly cleared with two sweet meadows, a nice mix of woods and open space. Dang, I almost left out the additional 3,000 sq. ft. +- of shop space, perfect for the Mechanics and 3D Artists out there. This is the place for it! End of the road privacy! This really is a sweet place to call home.

Last Agent to Sell the Property

paul harkrider

Appalachian Realty Associates Brokerage Email: paul.harkrider@gmail.com License #277557 Listed on: 09/01/2024

Last Buyer's Agent

Darrell Farlow

Allen Tate/Beverly-Hanks Asheville-North License #326709

Allen Tate/Beverly-Hanks Asheville-North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1993

Lot Details

  • Property is zoned OU

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Gas Range
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Schools

  • North Buncombe/N. Windy Ridge Elementary School
  • North Buncombe Middle School
  • North Buncombe High School

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 972473838500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1993
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 353.37
  • Geocode Confidence: High
  • Attribution Contact: paul.harkrider@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1797
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2648
  • Sq Ft Unheated Main: 184
  • Sq Ft Unheated Total: 2832
  • Sq Ft Upper: 0
  • Appliances: Gas Range
  • Above Grade Finished Sq Ft: 1797
  • Has Basement: Daylight, Exterior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1797
  • Bedroom Main: 3
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Propane
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Electric
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Buncombe
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 8.78
  • Lot Size Units: Acres
  • Parcel Number: 972473838500000
  • Zoning: OU
  • Plat Book Slide: 64/124
  • Plat Reference Section Pages: 64/124
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: North Buncombe/N. Windy Ridge
  • High School: North Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Jul 21, 2025
Sold by
Coxe Muriel Ann
Bought by
Farlow Thomas Jeffrey
Seller's Agent
paul harkrider
Appalachian Realty Associates
Buyer's Agent
Darrell Farlow
Allen Tate/Beverly-Hanks Asheville-North
List Price
$769,000
Sold Price
$635,000
Premium/Discount to List
-$134,000
-17.43%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1508.43%
Original Mortgage
$598,500
Outstanding Balance
$598,500
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$72,777

Purchase Details

Closed on
Oct 28, 2019
Sold by
Coxe Bobby E and Coxe Muriel A
Bought by
Coxe Bobby E and Coxe Muriel A

Purchase Details

Closed on
Jan 26, 2015
Sold by
Coxe Bobby E and Coxe Muriel A
Bought by
Coxe Bobby E and Coxe Muriel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
3.13%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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 $630,000 None Listed On Document
Warranty Deed $630,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $598,500 New Conventional
Closed $598,500 New Conventional
Previous Owner $894,000 Credit Line Revolving
Previous Owner $442,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $635,000 0.0% $397 / Sq Ft
07/24/2025 07/24/25 Sold $635,000 -5.9% $353 / Sq Ft
04/13/2025 04/13/25 Price Changed $675,000 0.0% $422 / Sq Ft
04/13/2025 04/13/25 Price Changed $675,000 -3.4% $376 / Sq Ft
02/01/2025 02/01/25 Price Changed $699,000 0.0% $389 / Sq Ft
01/20/2025 01/20/25 Price Changed $699,000 -9.1% $437 / Sq Ft
09/25/2024 09/25/24 For Sale $769,000 0.0% $481 / Sq Ft
09/20/2024 09/20/24 Price Changed $769,000 -2.5% $428 / Sq Ft
09/01/2024 09/01/24 For Sale $789,000 -- $439 / 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 $2,066 $500,400 $154,300 $346,100
2022 $1,907 $500,400 $0 $0
2021 $1,431 $500,400 $0 $0
2020 $2,637 $406,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4133581

Canopy MLS (Canopy Realtor® Association)

APN: 9724-73-8385-00000