NOT LISTED FOR SALE

450 Elk Mountain Scenic Hwy Asheville, NC 28804

Lakeview Park Neighborhood

Estimated Value: $691,000 - $1,275,000

3 Beds
3 Baths
2,386 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $595,000 $249 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,931/month

Highlights

  • Contemporary Architecture
  • Hilly Lot
  • Wooded Lot
  • Asheville High Rated A-
  • Private Lot
  • Wood Flooring

About This Home

As of September 2021

Looking for your very own private retreat convenient to all the amenities downtown Asheville has to offer? Look no further! This beautiful property boasts vaulted ceilings, large oversized windows and skylights that allow natural light to flood in. There is a separate living space for your guests and an expansive outdoor deck perfect for entertaining or just taking in the tranquility of the surrounding nature. Or maybe you are an investor looking for an opportunity to own an investment property in Asheville? Currently operating as a very successful AirBNB, with records available upon request. Some furnishings negotiable. Home is in Asheville, but sits just outside the city limits and is minutes to downtown. This house truly has something for everyone. Come home to 450 Elk Mountain Scenic Hwy!

Last Agent to Sell the Property

Clarissa Hyatt- Zack

EXP Realty LLC License #274579 Listed on: 08/15/2021

EXP Realty LLC

Last Buyer's Agent

Steph Caldwell

Mosaic Community Lifestyle Realty License #289187

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • Private Lot
  • Hilly Lot
  • Wooded Lot
  • Many Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9741-81-1886-00000

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 1.03478
  • Ratio Close Price By Original Li: 1.08182
  • Ratio Current Price By Acre: 862318.84
  • Ratio Current Price By Sq Ft: 249.37
  • Year Built: 1982
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 688
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cooktop Electric, Dishwasher, Oven, Refrigerator
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Skylight(s), Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 736
  • Main Level Sq Ft: 962
  • Total Sq Ft: 2386
  • Sq Ft Unheated Basement: 176
  • Sq Ft Unheated Total: 176

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Hilly, Private, Trees, Winter View, Wooded
  • Lot Size Area: 0.690
  • Parcel Number: 9741-81-1886-00000
  • Zoning Specification: RES

Tax Info

  • Tax Value: 272300.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Saul Andrew Lawrence and Saul Laura Padgett
Bought by
Saul Lake Home Llc
Current Estimated Value
$866,276

Purchase Details

Listed on
Aug 15, 2021
Closed on
Sep 27, 2021
Sold by
Viksnins Eric and Viksnins Anna
Bought by
Saul Andrew Lawrence and Saul Laura Padgett
Seller's Agent
Clarissa Hyatt- Zack
EXP Realty LLC
Buyer's Agent
Steph Caldwell
Mosaic Community Lifestyle Realty
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$476,000
Outstanding Balance
$435,008
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$431,268

Purchase Details

Closed on
Nov 6, 2006
Sold by
Palombi Gregory J and Palombi Katharine
Bought by
Viksnins Eric and Viksnins Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2004
Sold by
Smitten Carole B
Bought by
Palombi Gregory J and Palombi Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 2002
Sold by
Loges Frances Ann
Bought by
Smitten Carole B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.21%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Saul Lake Home Llc -- None Available
Saul Andrew Lawrence $615,000 None Available
Viksnins Eric $387,500 None Available
Palombi Gregory J $240,000 --
Smitten Carole B $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saul Andrew Lawrence $476,000
Previous Owner Viksnins Eric $278,263
Previous Owner Viksnins Eric $287,500
Previous Owner Palombi Gregory J $111,600
Previous Owner Palombi Gregory J $216,000
Previous Owner Smitten Carole B $170,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $595,000 +3.5% $249 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $575,000 -- $241 / 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 $2,975 $369,100 $67,500 $301,600
2023 $2,975 $369,100 $67,500 $301,600
2022 $2,749 $369,100 $0 $0
2021 $2,495 $335,000 $0 $0
2020 $2,176 $272,300 $0 $0
2019 $2,176 $272,300 $0 $0
2018 $2,176 $272,300 $0 $0
2017 $2,203 $295,000 $0 $0
2016 $2,608 $295,000 $0 $0
2015 $2,608 $295,000 $0 $0
2014 $2,608 $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3771364

Canopy MLS (Canopy Realtor® Association)

APN: 9741-81-1886-00000