5 Mountain Terrace Asheville, NC 28806
West Asheville NeighborhoodEstimated Value: $372,000 - $467,000
3
Beds
2
Baths
1,008
Sq Ft
$407/Sq Ft
Est. Value
About This Home
This home is located at 5 Mountain Terrace, Asheville, NC 28806 and is currently estimated at $409,886, approximately $406 per square foot. 5 Mountain Terrace is a home located in Buncombe County with nearby schools including Johnston Elementary School, Clyde A. Erwin High School, and Clyde A. Erwin Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2003
Sold by
Patel Virendra K and Patel Bindu V
Bought by
Patel Virendra K and Patel Bindu V
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Outstanding Balance
$54,876
Interest Rate
5.95%
Estimated Equity
$355,010
Purchase Details
Closed on
Mar 30, 2001
Sold by
Anderson Keith John and Anderson Kimberly Ruth
Bought by
Patel Virendra K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,475
Interest Rate
7.02%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 4, 1998
Sold by
Bailey Paul Richard and Bailey Elizabeth Ann
Bought by
Anderson Keith John and Anderson Kimberly Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,900
Interest Rate
6.95%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Virendra K | -- | -- | |
| Patel Virendra K | $133,500 | -- | |
| Anderson Keith John | $111,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Virendra K | $127,000 | |
| Closed | Patel Virendra K | $113,475 | |
| Previous Owner | Anderson Keith John | $105,900 |
Source: Public Records
Tax History Compared to Growth
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 | $1,935 | $208,800 | $50,500 | $158,300 |
| 2024 | $1,935 | $208,800 | $50,500 | $158,300 |
| 2023 | $1,935 | $208,800 | $50,500 | $158,300 |
| 2022 | $1,860 | $208,800 | $0 | $0 |
| 2021 | $1,860 | $208,800 | $0 | $0 |
| 2020 | $1,592 | $166,200 | $0 | $0 |
| 2019 | $1,592 | $166,200 | $0 | $0 |
| 2018 | $1,592 | $166,200 | $0 | $0 |
| 2017 | $1,609 | $135,100 | $0 | $0 |
| 2016 | $1,458 | $135,100 | $0 | $0 |
| 2015 | $1,458 | $135,100 | $0 | $0 |
| 2014 | $1,437 | $135,100 | $0 | $0 |
Source: Public Records
Map
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