NOT LISTED FOR SALE

5 Broad River Vfd Rd Black Mountain, NC 28711

Estimated Value: $307,911 - $833,000

3 Beds
2 Baths
1,356 Sq Ft
$394/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $315,000 $232 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,910/month

56 Days on Market

Highlights

  • Wood Burning Stove
  • Wooded Lot
  • Cottage
  • Private Lot
  • Wood Flooring
  • Storage Room

About This Home

As of August 2019

Perfect for investors! Rustic charm with modern comforts, this 3/2 offers total privacy while sitting on your porch or river side deck listing to the Broad River rush by. With almost 3 acres and approximately 300' of river frontage, the outdoor adventure's are endless. Recent updates include a tin roof, a deck at the river front, Mitsubishi ductless heat & air conditioning in bedrooms & family room. The spacious family room with wood stove offers year round views of the river and mountains. This property has a proven history of VRBO income and is being sold furnished. Please see attached docs for more info.

Last Agent to Sell the Property

Tootie Mrotek

Howard Hanna Beverly-Hanks Asheville-Downtown License #294217 Listed on: 05/02/2019

Howard Hanna Beverly-Hanks Asheville-Downtown

Last Buyer's Agent

Carolyn Widener

Coldwell Banker Advantage License #196897

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Storage Room

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0625-97-9022-00000

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.96923
  • Ratio Close Price By Original Li: 0.96923
  • Ratio Current Price By Acre: 110139.86
  • Ratio Current Price By Sq Ft: 232.30
  • Year Built: 1925
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Screen Door(s)
  • Equipment: Cooktop Electric, Dryer, Dishwasher, Electric Range, Washer, Electric Oven
  • Fireplace Description: FAMILYRM, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Storage Unit
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1356
  • Total Sq Ft: 1356
  • Sq Ft Unheated Basement: 394
  • Sq Ft Unheated Total: 394

Exterior Features

  • Construction: Concrete Block, Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Lot

Utilities

  • Heating: Ductless/Mini-Split System, Heat Pump - Heat, Woodstove
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Private, Trees, Views, Wooded
  • Lot Size Area: 2.860
  • Parcel Number: 0625-97-9022-00000
  • Plat Book Slide: 81/55

Tax Info

  • Tax Value: 153600.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Aug 15, 2019
Sold by
Miller Robert Wilson and Miller Deborah Lynn
Bought by
Mcinnis Jonathan G and Mcinnis Melissa B
Seller's Agent
Tootie Mrotek
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Carolyn Widener
Coldwell Banker Advantage
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$534,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,228
Avg. Annual Appreciation
8.88%
Original Mortgage
$150,000
Outstanding Balance
$115,435
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$418,793

Purchase Details

Closed on
Nov 16, 2016
Sold by
Miller Robert W and Miller Deborah L
Bought by
Miller Robert Wilson and Miller Deborah Lynn

Purchase Details

Closed on
Jun 25, 2010
Sold by
The P B Group Llc
Bought by
Miller Robert W and Miller Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2003
Sold by
Walter Elizabeth and Walter Kenneth
Bought by
The P B Group Llc
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
Mcinnis Jonathan G $315,000 None Available
Miller Robert Wilson -- None Available
Miller Robert W $272,000 None Available
The P B Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcinnis Jonathan G $150,000
Previous Owner Miller Robert W $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $315,000 -3.1% $232 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $325,000 -- $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 $1,196 $169,400 $21,800 $147,600
2024 $1,196 $169,400 $36,800 $132,600
2023 $1,196 $169,400 $36,800 $132,600
2022 $1,098 $169,400 $36,800 $132,600
2021 $1,098 $169,400 $0 $0
2020 $1,079 $156,600 $0 $0
2019 $1,058 $153,600 $0 $0
2018 $1,058 $153,600 $0 $0
2017 $1,043 $132,200 $0 $0
2016 $984 $132,200 $0 $0
2015 $984 $132,200 $0 $0
2014 $984 $132,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3502787

Canopy MLS (Canopy Realtor® Association)

APN: 0625-97-9022-00000