NOT LISTED FOR SALE

48 Cane Crest Cir Fairview, NC 28730

Estimated Value: $524,000 - $624,521

3 Beds
2.5 Baths
2,613 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $251,200 $96 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,496/month

94 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Tile Flooring
  • Fairview Elementary School Rated A-
  • Laundry Room
  • Baseboard Heating

About This Home

As of October 2022

***MULTIPLE OFFERS RECEIVED*** Don't miss this rare investment opportunity in the Fairview/Cane Creek area, only 15 minutes to downtown Asheville! The house needs complete renovation throughout (not ready for immediate occupancy!) and offers excellent potential with good bones. The home has a generous split-level floor plan with plenty of room for a large family. Renovate the home for rental income possibilities, or renovate for your own personal use. Open kitchen & living room/dining area with vaulted ceilings and living room loft area open to below. 4 bedrooms and 3 full baths total including the upper level and basement. Garage area for parking and storage. Enjoy pleasant winter views and possibly open up a year-round view. Great location close to everything Asheville and South Asheville, yet this property feels like you have the privacy of living in the forest. 1/4 mile to Turgua brewery!

Last Listed By

Reese Morgani

Keller Williams Professionals License #232402 Listed on: 07/24/2022

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1984

Lot Details

  • Wooded Lot
  • Property is zoned OU, OU

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Basement Garage

Schools

  • Fairview Elementary School
  • Cane Creek Middle School
  • Ac Reynolds High School

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • Cane Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9685-69-2226-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,181

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1984
  • Ratio Current Price By Acre: 292093.02
  • Restrictions: Square Feet,Use,Other - See Media/Remarks
  • Restrictions Description: See Attached
  • Road Surface Type: Asphalt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 96.13
  • Special Features: None

Interior Features

  • Foundation Details: Basement Garage Door, Basement Partially Finished, Block, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Other
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 544
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1526
  • 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: 0
  • Second Living Quarters Hla: 0
  • Porch: Other
  • Appliances: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1087
  • Fireplace Features: Family Room, Living Room
  • Living Area: 2613
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 544
  • Parking Features: Basement, Garage - 2 Car

Utilities

  • Heating: Baseboard
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: None

Lot Info

  • Lot Features: Mountain View, Wooded, Views, Winter View
  • Lot Size Area: 0.86
  • Lot Size Units: Acres
  • Parcel Number: 9685-69-2226-00000
  • Plat Book Slide: 50
  • Plat Reference Section Pages: 77
  • Zoning Description: OU
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.74184

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2022
Closed on
Sep 30, 2022
Sold by
Misler Leslie Howe
Bought by
Miller Wendy and Miller Bradford
Seller's Agent
Reese Morgani
Keller Williams Professionals
Buyer's Agent
Diane Duermit
Allen Tate/Beverly-Hanks Asheville-North
List Price
$200,000
Sold Price
$251,200
Premium/Discount to List
$51,200
25.6%
Total Days on Market
94
Views
75
Current Estimated Value
$597,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,624
Avg. Annual Appreciation
38.67%
Original Mortgage
$200,960
Outstanding Balance
$175,240
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$399,140

Purchase Details

Closed on
Mar 25, 2002
Sold by
Misler Joel M and Misler Leslie H
Bought by
Misler Leslie Howe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,150
Interest Rate
5.5%

Range of Values:

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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
Miller Wendy $251,500 --
Misler Leslie Howe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Wendy $200,960
Previous Owner Misler Leslie Howe $217,800
Previous Owner Misler Leslie Howe $20,000
Previous Owner Misler Leslie Howe $193,200
Previous Owner Misler Leslie Howe $30,000
Previous Owner Misler Leslie Howe $165,150
Previous Owner Misler Joel M $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $251,200 +25.6% $96 / Sq Ft
07/24/2022 07/24/22 For Sale $200,000 -- $77 / 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 $2,181 $241,900 $29,000 $212,900
2022 $1,707 $269,600 $0 $0
2021 $1,707 $269,600 $0 $0
2020 $1,632 $242,200 $0 $0
2019 $1,632 $242,200 $0 $0
2018 $1,560 $242,200 $0 $0
2017 $1,560 $216,500 $0 $0
2016 $1,535 $216,500 $0 $0
2015 $1,535 $216,500 $0 $0
2014 $1,535 $216,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3887278

Canopy MLS (Canopy Realtor® Association)

APN: 9685-69-2226-00000