NOT LISTED FOR SALE

5 Chestnut Lodge Rd Black Mountain, NC 28711

Estimated Value: $676,000 - $865,000

4 Beds
3.5 Baths
2,719 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $320,000 $118 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,259/month

363 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Wood Flooring
  • Contemporary Architecture
  • Cathedral Ceiling
  • Attic

About This Home

As of June 2016

When you imagine a modern mountain home, this 4 bedroom, 3.5 bath house cradled in the arms of the Seven Sisters mountain range is exactly what you have in mind! Situated on .7 of an acre sculpted by a charming spring-fed creek and expertly landscaped in native plants, this contemporary home is just one mile from downtown Black Mountain. It features beautiful rock retaining walls, over-sized garage, an open floor plan, new appliances, private patios, wood stove and an updated master on main!

Last Agent to Sell the Property

LeNoir Medlock

Preferred Properties License #191063 Listed on: 05/19/2015

Last Buyer's Agent

Caleb Coaplen

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #265511

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,586

Year Built

  • Built in 1990

Lot Details

  • Home fronts a stream
  • Private Lot
  • Corner Lot
  • Many Trees

Parking

  • Attached Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Propane
  • Cable TV Available

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 0609-90-0707-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,586

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.92086
  • Ratio Close Price By Original Li: 0.71111
  • Ratio Current Price By Acre: 457142.86
  • Ratio Current Price By Sq Ft: 117.69
  • Year Built: 1990
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 947
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Disposal, Dryer, Dishwasher, Electric Range, Refrigerator, Exhaust Hood, Washer, Electric Oven
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Open Floorplan, Walk-In Closet(s), Attic Walk-in
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1772
  • Total Sq Ft: 2719

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Circular, Concrete, Gravel
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Walking Trails

Schools

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

Lot Info

  • Lot Features: Corner Lot, Waterfront, Private, Stream/Creek, Trees
  • Lot Size Area: 0.700
  • Parcel Number: 0609-90-0707-00000
  • Plat Reference Section Pages: 4345
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 1, 2016
Sold by
Stevens Danny M and Stevens Kristen E
Bought by
Byers Joseph Judson and Byers Karina Alfonsina
Seller's Agent
LeNoir Medlock
Preferred Properties
Buyer's Agent
Caleb Coaplen
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$450,000
Sold Price
$320,000
Premium/Discount to List
-$130,000
-28.89%
Current Estimated Value
$749,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,198
Avg. Annual Appreciation
9.55%
Original Mortgage
$256,000
Outstanding Balance
$203,748
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$545,450

Purchase Details

Closed on
Jan 4, 2007
Sold by
Pung Steven L and Pung Janet J
Bought by
Stevens Danny M and Stevens Kirsten E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.06%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Byers Joseph Judson $320,000 None Available
Stevens Danny M $352,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byers Joseph Judson $256,000
Previous Owner Stevens Danny M $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $320,000 -28.9% $118 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/19/2015 05/19/15 For Sale $450,000 -- $166 / 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 $3,586 $427,600 $45,100 $382,500
2024 $3,586 $427,600 $45,100 $382,500
2023 $3,586 $417,600 $45,100 $372,500
2022 $3,316 $417,600 $0 $0
2021 $3,316 $417,600 $0 $0
2020 $2,781 $322,800 $0 $0
2019 $2,781 $322,800 $0 $0
2018 $2,781 $322,800 $0 $0
2017 $2,813 $266,900 $0 $0
2016 $2,613 $266,900 $0 $0
2015 $2,613 $266,900 $0 $0
2014 $2,613 $266,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM584750

Canopy MLS (Canopy Realtor® Association)

APN: 0609-90-0707-00000