NOT LISTED FOR SALE

48 New Lite Rd Fairview, NC 28730

Estimated Value: $66,992 - $258,000

0.9 Acre
$180,551 Price per Acre
39,204 Sq Ft Lot

Last Sold June 29, 2020

Last sale price $46,200

Est. 252% increase in value since last sale

Current estimated payment $943/month

172 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Level Lot
  • Fairview Elementary School Rated A-
  • No HOA

About This Lot

As of June 2020

Level building lot with view potential! Situated on nearly an acre, this larger lot is a result of former lots 2 and 3 being combined. The property is located on a private road and is minutes from the amenities in Fairview and approximately 20 minutes to downtown Asheville. Also convenient to Lake Lure and Chimney Rock. The lot contains both a cleared area as well as trees. Several lots in the community utilize shared well system; a buyer could investigate a private well if desired. Additional lots available: see MLS 3570213 and MLS 3570248.

Last Agent to Sell the Property

Christian Witt

Asheville Realty Group Brokerage Email: christianwittrealtor@gmail.com License #314526 Listed on: 11/19/2019

Co-Listed By

Rob Montague

Asheville Realty Group Brokerage Email: christianwittrealtor@gmail.com License #168382

Last Buyer's Agent

Angela Marino

CENTURY 21 Mountain Lifestyles License #303220

CENTURY 21 Mountain Lifestyles

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $976

Year Built

  • 1987

Lot Details

  • 0.9 Acre Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned OU

Property Views

  • Mountain Views

Utilities

  • Shared Well
  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9696-57-1245

Property Details

Property Type

Land

Est. Annual Taxes

$976

Year Built

1987

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Attribution Contact: christianwittrealtor@gmail.com
  • Special Features: None
  • Year Built (Public Record): 1987

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • View: Mountain(s)
  • Waterfront Elevation: 3000
  • Other Structures: Other - See Remarks, None

Utilities

  • Sewer: Septic Needed
  • Utilities: None
  • Water Source: Shared Well, Well Needed, Other - See Remarks

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Sloped, Wooded, Views
  • Lot Size Area: 0.9
  • Lot Size Units: Acres
  • Parcel Number: 9696-57-1245
  • Plat Book Slide: 55/45
  • Plat Reference Section Pages: 55/45
  • Lot Size Acres: 0.9
  • Lot Size Sq Ft: 39204
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jun 26, 2020
Sold by
Newlte Inc
Bought by
Grayson Andrew Charles
Seller's Agent
Christian Witt
Asheville Realty Group
Buyer's Agent
Angela Marino
CENTURY 21 Mountain Lifestyles
List Price
$54,900
Sold Price
$46,200
Premium/Discount to List
-$8,700
-15.85%
Total Days on Market
172
Current Estimated Value
$162,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,296
Avg. Annual Appreciation
29.06%

Purchase Details

Closed on
Feb 20, 2001
Sold by
Lindsey Raymond and Lindsey Brenda
Bought by
Newlite Inc
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 Buyer Sale Price Title Company
Grayson Andrew Charles $46,500 None Available
Newlite Inc $50,540 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grayson Andrew $23,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $46,200 -15.8% --
05/09/2020 05/09/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $54,900 -- --
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 $976 $54,100 $47,500 $6,600
2022 $912 $54,100 $0 $0
2021 $206 $32,500 $0 $0
2020 $403 $59,800 $0 $0
2019 $403 $59,800 $0 $0
2018 $385 $59,800 $0 $0
2017 $385 $72,900 $0 $0
2016 $517 $72,900 $0 $0
2015 $517 $72,900 $0 $0
2014 $517 $72,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3570227

Canopy MLS (Canopy Realtor® Association)

APN: 9696-57-1245-00000