NOT LISTED FOR SALE

462 Cragmont Rd Black Mountain, NC 28711

Estimated Value: $323,000 - $393,000

2 Beds
1 Bath
950 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $169,000 $178 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,905/month

30 Days on Market

Highlights

  • Barn
  • Cottage
  • Shed
  • Wood Flooring
  • Front Green Space
  • 1-Story Property

About This Home

As of July 2017

This lovely Black Mountain home won't last! Enjoy mountain views from your front porch while overlooking the established garden beds in your front fenced yard, or enjoy a quiet afternoon in the custom stone terraced backyard patio. Recently updated eat in kitchen and large master bedroom. Minutes from Black Mountain shopping and I40 with easy access to Asheville. This home qualifies for the FHA 203K renovation loan, which can cover the finishing touches to make this home perfect.

Last Agent to Sell the Property

Rachel Sudnik

GreyBeard Realty License #292562 Listed on: 04/20/2017

Last Buyer's Agent

Rachel Sudnik

GreyBeard Realty License #292562 Listed on: 04/20/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 0.34

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Laminate

Parking

  • Gravel Driveway
  • Shared Driveway

Additional Features

  • Shed
  • Front Green Space
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 0609-48-4112-00000
  • Tax Block 0070

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.96571
  • Ratio Close Price By Original Li: 0.91351
  • Ratio Current Price By Acre: 497058.82
  • Ratio Current Price By Sq Ft: 177.89
  • Year Built: 1938
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Dryer, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Flooring: Laminate Wood, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 950
  • Total Sq Ft: 950

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Fenced Yard, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Gravel, Shared
  • Parking: Carport - 2 Car, Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Mountain View, Green Area, Views, Winter View
  • Parcel Number: 0609-48-4112-00000
  • Plat Book Slide: 0019
  • Plat Reference Section Pages: 1373
  • Zoning: Residential
  • Zoning Specification: Resident

Tax Info

  • Tax Value: 130100.00
  • Tax Amount Ncm: 130100.00
  • Tax Block: 0070
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 29, 2017
Sold by
Townsend Claudia E and Townsend Steven E
Bought by
Lawless Clifford Benjamin
Seller's Agent
Rachel Sudnik
GreyBeard Realty
Buyer's Agent
Rachel Sudnik
GreyBeard Realty
List Price
$185,000
Sold Price
$169,000
Premium/Discount to List
-$16,000
-8.65%
Current Estimated Value
$343,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,766
Avg. Annual Appreciation
8.91%
Original Mortgage
$170,707
Outstanding Balance
$142,062
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$201,704

Purchase Details

Closed on
Jan 15, 2008
Sold by
Ironwork Properties Llc
Bought by
Townsend Steven E and Townsend Claudia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 2005
Sold by
Jackson Malcombe J and Jackson Angela S
Bought by
Ironwork Properties Llc
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
Lawless Clifford Benjamin $169,000 None Available
Townsend Steven E $110,000 None Available
Ironwork Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawless Clifford Benjamin $170,707
Previous Owner Townsend Steven E $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2017 07/06/17 Sold $169,000 -8.6% $178 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $185,000 -- $195 / 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
2025 $1,267 $202,900 $34,000 $168,900
2024 $1,267 $202,900 $34,000 $168,900
2023 $1,267 $202,900 $34,000 $168,900
2022 $1,207 $202,900 $0 $0
2021 $1,207 $202,900 $0 $0
2020 $844 $130,100 $0 $0
2019 $844 $130,100 $0 $0
2018 $844 $130,100 $0 $0
2017 $830 $105,300 $0 $0
2016 $740 $105,300 $0 $0
2015 $740 $105,300 $0 $0
2014 $740 $105,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3272634

Canopy MLS (Canopy Realtor® Association)

APN: 0609-48-4112-00000