NOT LISTED FOR SALE

48 Cotton Creek Cir Black Mountain, NC 28711

Estimated Value: $578,000 - $663,000

2 Beds
2 Baths
1,584 Sq Ft
$394/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $310,000 $196 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,521/month

110 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Attached Garage
  • Arts and Crafts Architecture
  • Wood Flooring
  • 1-Story Property

About This Home

As of January 2019

Great house in a great location right next to the Black Mountain Greenway and walking distance to downtown Black Mountain's shops and restaurants. One level living with large, open floor plan with cathedral ceilings and fireplace. Level, low maintenance yard with fenced back yard area. Covered front porch facing the Greenway trail and Flat Creek. Hardwoods in main living area with lots of natural light. Rear access to driveway and two car garage. Very livable house in a desirable neighborhood.

Last Agent to Sell the Property

Adam Johnson

GreyBeard Realty License #229610 Listed on: 08/20/2018

Last Buyer's Agent

Joellen Maurer

Real Broker, LLC License #301113

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 6,534

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Self Contained Fireplace Unit Or Insert

Flooring

  • Wood
  • Carpet

Additional Features

  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0619-49-5780-00000
  • Tax Block 0086

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91445
  • Ratio Close Price By Original Li: 0.84011
  • Ratio Current Price By Acre: 2066666.67
  • Ratio Current Price By Sq Ft: 195.71
  • Year Built: 2006
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Exhaust Hood, Refrigerator
  • Fireplace Description: Fireplace Insert
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1584
  • Total Sq Ft: 1584

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

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

Lot Info

  • Lot Features: Level, Paved Frontage
  • Parcel Number: 0619-49-5780-00000
  • Plat Book Slide: 0086
  • Plat Reference Section Pages: 0086
  • Zoning Specification: Res

Tax Info

  • Tax Value: 285700.00
  • Tax Block: 0086
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jan 22, 2019
Sold by
Gazak Julia Ann and Gazak John Michael
Bought by
Marcello Ronald J and Marcello Jane L
Seller's Agent
Adam Johnson
GreyBeard Realty
Buyer's Agent
Joellen Maurer
Real Broker, LLC
List Price
$339,000
Sold Price
$310,000
Premium/Discount to List
-$29,000
-8.55%
Current Estimated Value
$624,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,369
Avg. Annual Appreciation
10.90%
Original Mortgage
$180,000
Outstanding Balance
$158,257
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$466,112

Purchase Details

Closed on
Feb 9, 2009
Sold by
Soniat Katherine
Bought by
Gazak Julia Ann and Gazak John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
5.23%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2006
Sold by
Cotton Creek Development Co Llc
Bought by
Soniat Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Marcello Ronald J $310,000 None Available
Gazak Julia Ann $272,000 None Available
Soniat Katherine $231,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcello Ronald J $180,000
Previous Owner Gazak Julia Ann $190,400
Previous Owner Soniat Katherine $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $310,000 -8.6% $196 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $339,000 0.0% $214 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
09/27/2018 09/27/18 Price Changed $339,000 -2.9% $214 / Sq Ft
09/11/2018 09/11/18 Price Changed $349,000 -5.4% $220 / Sq Ft
08/20/2018 08/20/18 For Sale $369,000 -- $233 / 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 $3,029 $361,200 $45,600 $315,600
2024 $3,029 $361,200 $45,600 $315,600
2023 $3,029 $361,200 $45,600 $315,600
2022 $0 $361,200 $45,600 $315,600
2021 $2,868 $361,200 $0 $0
2020 $2,634 $305,800 $0 $0
2019 $2,461 $285,700 $0 $0
2018 $2,461 $285,700 $0 $0
2017 $0 $235,700 $0 $0
2016 $2,308 $235,700 $0 $0
2015 $2,308 $235,700 $0 $0
2014 $2,308 $235,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3425131

Canopy MLS (Canopy Realtor® Association)

APN: 0619-49-5780-00000