NOT LISTED FOR SALE

5 Burhham Way Unit 522 Asheville, NC 28803

Estimated Value: $2,056,000 - $2,253,144

0.56 Acre
$3,873,895 Price per Acre
24,394 Sq Ft Lot

Last Sold June 27, 2019

Last sale price $265,000

Est. 719% increase in value since last sale

Current estimated payment $12,375/month

791 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Trails
  • William W. Estes Elementary School Rated A-
  • Tennis Courts
  • Many Trees

About This Lot

As of June 2019

Corner lot in The Ramble Biltmore Forest, a gated community on pristine property that was formerly part of the Biltmore Estate®. The Ramble offers homesites in a community that focuses on high levels of architectural detail to those who appreciate not only fine homes, but a lovely home setting in a natural wooded environment. Community amenities include miles of hiking trails, parks, Living Well Center complete with outdoor heated saline swimming pool, tennis, bocci and pickleball courts, fitness center, and more. Additional homesites are available. Taxes TBD.

Last Agent to Sell the Property

Mark Taylor

Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest License #211994 Listed on: 01/31/2017

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • Many Trees

HOA Fees

  • $381 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9645-57-0152-00000

Community Details

Overview

  • First Service Residential Association, Phone Number (828) 277-6675

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 473214.29
  • Restrictions: Architectural Review
  • Special Features: None

Interior Features

  • H O A Management Phone: 828-277-6675

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Playground, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 381.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: First Service Residential
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Estes/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Trees
  • Lot Size Area: 0.560
  • Parcel Number: 9645-57-0152-00000
  • Zoning: Residential
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 236800.00
  • Tax Amount Ncm: 1646.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2019
Sold by
Living Stone Construction Inc
Bought by
Cooper Mary Ann
Current Estimated Value
$2,169,381

Purchase Details

Listed on
Jan 31, 2017
Closed on
Jun 24, 2019
Sold by
Ramble Biltmore Forest Llc
Bought by
Living Stone Construction Inc
Seller's Agent
Mark Taylor
Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest
Buyer's Agent
Non Member
Canopy Administration
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.32%
Original Mortgage
$199,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Cooper Mary Ann $265,000 None Available
Living Stone Construction Inc $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Living Stone Construction Inc $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $265,000 0.0% --
04/02/2019 04/02/19 Pending -- -- --
01/31/2017 01/31/17 For Sale $265,000 -- --
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 $7,400 $1,202,100 $314,200 $887,900
2024 $7,400 $1,202,100 $314,200 $887,900
2023 $7,400 $1,202,100 $314,200 $887,900
2022 $7,044 $1,202,100 $0 $0
2021 $3,923 $669,400 $0 $0
2020 $1,682 $267,000 $0 $0
2019 $1,682 $267,000 $0 $0
2018 $1,682 $267,000 $0 $0
2017 $1,682 $236,800 $0 $0
2016 $1,646 $236,800 $0 $0
2015 $1,646 $236,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3246859

Canopy MLS (Canopy Realtor® Association)

APN: 9645-57-0152-00000