NOT LISTED FOR SALE

488 New Salem Rd Swannanoa, NC 28778

Estimated Value: $265,000 - $298,000

2 Beds
1 Bath
812 Sq Ft
$342/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $211,000 $260 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,557/month

4 Days on Market

Highlights

  • Open Floorplan
  • Attached Garage
  • Front Green Space
  • Wood Flooring
  • Breakfast Bar
  • Bungalow

About This Home

As of November 2020

Cute remodeled starter or downsizer in great location close to Black Mountain and just 10 minutes from downtwon Asheville. A rocking chair front porch welcomes you. The open plan features refinished original hardwood floors and an all new eat in kitchen with new cabinetry, granite counters, and stainless appliances. The renovated bath has new tile floor and fixtures. Completely new electric to the meter, new plumbing and water heater. New roof and hvac. Large outbuilding for storage.

Last Agent to Sell the Property

Liz Wiederhold

Seller Solutions License #207643 Listed on: 09/19/2020

Last Buyer's Agent

Adrienne Crowther

Nest Realty Asheville License #287204

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • Front Green Space
  • Level Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Parking

  • Attached Garage
  • Gravel Driveway

Outdoor Features

  • Outbuilding

Listing and Financial Details

  • Assessor Parcel Number 9688-19-8303-00000

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 1.08205
  • Ratio Close Price By Original Li: 1.08205
  • Ratio Current Price By Acre: 1623076.92
  • Ratio Current Price By Sq Ft: 259.85
  • Year Built: 1956
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Dishwasher, Disposal, Electric Oven, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other, Breakfast Bar, Open Floorplan
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 812
  • Total Sq Ft: 812

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Driveway

Utilities

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

Schools

  • Elementary School: WD Williams
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Green Area, Level
  • Lot Size Area: 0.130
  • Parcel Number: 9688-19-8303-00000
  • Plat Book Slide: 18/127
  • Zoning Specification: NS

Tax Info

  • Tax Value: 108100.00
  • Tax Location: Swannanoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 11, 2020
Sold by
Momaster Real Estate Group Llc
Bought by
Turner Samuel W and Franklin Sarah
Seller's Agent
Liz Wiederhold
Seller Solutions
Buyer's Agent
Adrienne Crowther
Nest Realty Asheville
List Price
$195,000
Sold Price
$211,000
Premium/Discount to List
$16,000
8.21%
Current Estimated Value
$277,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,648
Avg. Annual Appreciation
5.73%
Original Mortgage
$213,131
Outstanding Balance
$189,656
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$87,992

Purchase Details

Closed on
Sep 6, 2012
Sold by
Chandler Melvin Eugene and Chandler Perry Bruce
Bought by
Chandler Ricky Dean and Chandler Robert Louis
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
Turner Samuel W $211,000 None Available
Chandler Ricky Dean -- None Available
Chandler Melvin Eugene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Samuel W $213,131
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $211,000 +8.2% $260 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $195,000 -- $240 / 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 $1,071 $162,900 $22,900 $140,000
2024 $1,071 $162,900 $22,900 $140,000
2023 $1,071 $162,900 $22,900 $140,000
2022 $1,023 $162,900 $22,900 $140,000
2021 $1,023 $162,900 $0 $0
2020 $403 $60,200 $0 $0
2019 $723 $108,100 $0 $0
2018 $723 $108,100 $0 $0
2017 $722 $89,200 $0 $0
2016 $654 $89,200 $0 $0
2015 $654 $89,200 $0 $0
2014 $654 $89,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3658318

Canopy MLS (Canopy Realtor® Association)

APN: 9688-19-8303-00000