NOT LISTED FOR SALE

488 Lambeth Walk Fairview, NC 28730

5 Beds
4.5 Baths
6,918 Sq Ft
3.85 Acres

Last Sold February 11, 2021

Last sale price $1,250,000 $181 Per Sq Ft

237 Days on Market

Highlights

  • Gated Community
  • Wood Burning Stove
  • Private Lot
  • Fairview Elementary School Rated A-
  • Contemporary Architecture
  • Den with Fireplace

About This Home

As of February 2021

488 Lambeth Walk is the epitome of casual luxury! Large, but comfortable, this home is a treasure! The stunning, panoramic mountain views is the stuff dreams are made of! There are numerous open and bright interior living areas, perfect for entertaining both family and friends. The nearly 4 acres of grounds are oh so private. You will be in your own world on the expansive grounds with end of road privacy. There will be plenty of room for your vehicles either the attached garage or the detached 2400 sq foot garage. Buy that motorhome or perhaps start a car collection? Perhaps a workshop is how you could use the space? There is a guest home above. Come enjoy an easy mountain lifestyle. Bonus: Motivated Sellers! This property is priced well under tax value and will provide instant equity to the new owner. Approximately 15 minutes to Downtown Asheville in a gated community. Please be sure to ask to see the exhaustive features list. This home was completely renovated and expanded in 2008.

Last Agent to Sell the Property

Kim Gentry Justus

Ivester Jackson Blackstream License #266365 Listed on: 05/07/2020

Last Buyer's Agent

Alice Lance

BluAxis Realty License #221613

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • Wood Burning Stove
  • Gas Log Fireplace
  • Insulated Windows
  • Den with Fireplace
  • Oven

Flooring

  • Wood
  • Tile

Outdoor Features

  • Terrace
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9676-03-7501-00000

Community Details

Recreation

  • Recreation Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2.5 Story/Basement
  • Architectural Style: Contemporary, Transitional
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Acre: 324675.32
  • Ratio Current Price By Sq Ft: 180.69
  • Year Built: 1990
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Upper Level Sq Ft: 2976
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Oven, Propane
  • Fireplace Description: Den, Gas Logs, Living Room, Wood burning w/Gas Starter, Woodstove
  • Fixture Exception Description: DR/ Kitchen chandeliers, tin lights, wine rack
  • Fixture Exception Yn: Yes
  • Flooring: Tile, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Guest House
  • Second Living Quarters Hla: 1032
  • Second Living Quarters Sq Ft: 2400
  • Sq Ft Basement: 1370
  • Main Level Sq Ft: 2572
  • Total Sq Ft: 6918
  • Sq Ft Unheated Basement: 877
  • Sq Ft Unheated Total: 877

Exterior Features

  • Construction: Fiber Cement, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Outbuilding, Satellite Internet Available, Terrace, Underground Power Lines, Workshop

Garage/Parking

  • Driveway: Asphalt, Cobblestone
  • Parking: Attached Garage, Detached Garage, Driveway, Garage - 2 Car, Garage - 4+ Car, Parking Space - 4+

Utilities

  • Heating: Gas Hot Air Furnace, Multizone A/C, Propane, Woodstove
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Gated Community, Recreation Area
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Level, Long Range View, Mountain View, Open Lot, Paved Frontage, Private, Sloping, Views, Year Round View
  • Parcel Number: 9676-03-7501-00000
  • Zoning Specification: OU

Tax Info

  • Tax Value: 1814500.00
  • Tax Location: Buncombe

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $1,250,000 -9.1% $181 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $1,375,000 -- $199 / 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 $8,446 $1,246,500 $97,400 $1,149,100
2024 $8,446 $1,246,500 $97,400 $1,149,100
2023 $8,446 $1,246,500 $97,400 $1,149,100
2022 $7,890 $1,246,500 $0 $0
2021 $7,890 $1,246,500 $0 $0
2020 $9,556 $1,417,800 $0 $0
2019 $12,230 $1,814,500 $0 $0
2018 $11,685 $1,814,500 $0 $0
2017 $11,685 $1,521,600 $0 $0
2016 $10,788 $1,521,600 $0 $0
2015 $10,788 $1,521,600 $0 $0
2014 $10,788 $1,521,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3617256

Canopy MLS (Canopy Realtor® Association)