NOT LISTED FOR SALE

5 Elmwood Ln Asheville, NC 28803

Estimated Value: $581,084 - $612,000

3 Beds
3 Baths
2,896 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 03, 2012

Last sale price $225,000 $78 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $3,382/month

168 Days on Market

Highlights

  • Wood Burning Stove
  • Contemporary Architecture
  • Wood Flooring
  • T.C. Roberson High School Rated A
  • Cathedral Ceiling
  • Walk-In Closet

About This Home

As of October 2012

Fantastic Updated Home In Ballantree! 3 Bedrooms, 3 Full Baths, 2896 sqft, Huge Great Room With Vaulted Ceiling & Tile Floor & 2 Ceiling Fans, Formal Dining Room With Hardwood Floors, Large Eat-In Kitchen With Granite Countertops & Lots Of Cabinet Space, Master Suite With Walk-In Closet, Large Family Room With Rock Fireplace, Large Deck With Great Mountain View, 2 Car Garage, Shop Or Storage Area, Gutter Guard, Fenced Dog Run, & A Home Warranty

Last Agent to Sell the Property

Toby Davis

RE/MAX Results License #65893 Listed on: 03/19/2012

Last Buyer's Agent

Toby Davis

RE/MAX Results License #65893 Listed on: 03/19/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1981

Lot Details

  • Fenced

Parking

  • Workshop in Garage

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Storage Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 9656-50-6441-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,620

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.94578
  • Ratio Close Price By Original Li: 0.90036
  • Ratio Current Price By Acre: 381355.93
  • Ratio Current Price By Sq Ft: 77.69
  • Year Built: 1981
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 188
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Double Oven, Microwave, Refrigerator, Washer, Washer Connection
  • Fireplace Description: Fireplace Insert
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s), Garage Shop, Storage Unit
  • Room Count: 4
  • Sq Ft Basement: 900
  • Main Level Sq Ft: 1808
  • Total Sq Ft: 2896
  • Sq Ft Unheated Basement: 908

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Woodstove
  • Sewer: City Sewer

Condo/Co-op/Association

  • Association Fee: 90.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Year Round View
  • Parcel Number: 9656-50-6441-00000
  • Plat Reference Section Pages: 1963
  • Zoning Specification: RS4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Oct 3, 2012
Sold by
Frye Michel and Johnson Michel
Bought by
Bresko Laura L and Smith Bradley L
Seller's Agent
Toby Davis
RE/MAX Results
Buyer's Agent
Toby Davis
RE/MAX Results
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$601,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,021
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Sep 8, 2010
Sold by
Frye Michele and Peacock Wayne
Bought by
Frye Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,100
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 1997
Sold by
Ribaud George L and Ribaud Ruth H
Bought by
Frye Thomas V and Johnson Michele
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bresko Laura L $225,000 None Available
Frye Michele -- Fidelity National Title
Frye Thomas V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frye Michele $184,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2012 10/03/12 Sold $225,000 -10.0% $78 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $249,900 -- $86 / 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 $2,620 $282,700 $59,100 $223,600
2024 $2,620 $282,700 $59,100 $223,600
2023 $2,620 $280,400 $59,100 $221,300
2022 $2,498 $280,400 $0 $0
2021 $2,498 $280,400 $0 $0
2020 $2,281 $238,100 $0 $0
2019 $2,281 $238,100 $0 $0
2018 $2,281 $238,100 $0 $0
2017 $2,305 $238,900 $0 $0
2016 $2,578 $238,900 $0 $0
2015 $2,578 $238,900 $0 $0
2014 $2,374 $223,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM515047

Canopy MLS (Canopy Realtor® Association)

APN: 9656-50-6441-00000