NOT LISTED FOR SALE

5 Nethermead Dr Asheville, NC 28803

Estimated Value: $2,326,000 - $2,824,000

4 Beds
5 Baths
4,573 Sq Ft
$554/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $2,200,000 $481 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,975/month

12 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Wood Flooring
  • T.C. Roberson High School Rated A
  • Open Floorplan
  • Tudor Architecture

About This Home

As of October 2021

Reflecting the best in French country architecture and designed by Jack Arnold, 5 Nethermead is sited prominently on .62 acres within the gates of The Ramble Biltmore Forest. Grand and gracious with impressively scaled rooms throughout the home. Unsurpassed quality, from the custom wrought-iron staircase railing, reclaimed heart pine beams in the great room and formal dining area and a French door-lined hallway leading to the master wing with a cherry office. A gourmet kitchen with custom cabinetry opens to a sun-soaked hearth room and a private stone terrace. Upstairs features three bedrooms with a flex space. Idyllic setting just steps away from the trail system and parks.

Last Agent to Sell the Property

Marilyn Wright

Premier Sotheby’s International Realty License #265917 Listed on: 08/31/2021

Premier Sotheby’s International Realty

Last Buyer's Agent

Mark Taylor

Allen Tate/Beverly-Hanks The Ramble at Biltmore Forest License #211994

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $393 Monthly HOA Fees

Parking

  • Attached Garage
  • Brick Driveway

Home Design

  • Tudor Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Gas Log Fireplace
  • Insulated Windows

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Terrace

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9645-79-3790-00000

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Sport Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$393 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Tudor
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 3548387.10
  • Ratio Current Price By Sq Ft: 481.08
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 1347
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Central Vacuum, Dishwasher, Dryer, Exhaust Hood, Freezer, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Oven, Refrigerator, Security System, Surround Sound, Washer, Wine Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 828-277-6675
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 3226
  • Total Sq Ft: 4573
  • Sq Ft Unheated Basement: 386
  • Sq Ft Unheated Total: 386

Exterior Features

  • Construction: Hard Stucco, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Terrace

Garage/Parking

  • Driveway: Brick
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central Air, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated Community, Outdoor Pool, Playground, Recreation Area, Security, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 393.00
  • 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: Corner Lot, Level, Paved Frontage
  • Lot Size Area: 0.620
  • Parcel Number: 9645-79-3790-00000
  • Plat Book Slide: 100/129
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 1382900.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 11, 2021
Sold by
Biscoglia Raymond J and Raymond J Biscogila Family Tru
Bought by
Booth Gregory L and Booth Catherine N
Seller's Agent
Marilyn Wright
Premier Sotheby’s International Realty
Buyer's Agent
Mark Taylor
Allen Tate/Beverly-Hanks The Ramble at Biltmore Forest
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$2,535,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,450
Avg. Annual Appreciation
3.36%
Original Mortgage
$900,000
Outstanding Balance
$829,569
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,668,923

Purchase Details

Closed on
Jun 11, 2020
Sold by
Biscoglia Raymond J and Biscoglia Mary K
Bought by
Raymond J Biscoglia Family Trust

Purchase Details

Listed on
Feb 19, 2016
Closed on
Aug 24, 2016
Sold by
Hornowski Jerry
Bought by
Biscoglia Raymond J
Seller's Agent
Marilyn Wright
Premier Sotheby’s International Realty
Buyer's Agent
Lynn Hathcock
Premier Sotheby’s International Realty
List Price
$1,580,000
Sold Price
$1,300,000
Premium/Discount to List
-$280,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Oct 5, 2007
Sold by
Hornowski Jerry and Hornowski Ann Parker
Bought by
Hornowski Jerry

Purchase Details

Closed on
Dec 19, 2006
Sold by
Lake Associates Llc
Bought by
Hornowski Jerry and Hornowski Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2005
Sold by
Ramble Biltmore Forest Llc
Bought by
Lake Associates Llc
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
Booth Gregory L $2,200,000 None Available
Raymond J Biscoglia Family Trust -- None Available
Biscoglia Raymond J $1,300,000 None Available
Hornowski Jerry -- None Available
Hornowski Jerry $1,449,000 None Available
Lake Associates Llc $183,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booth Gregory L $900,000
Previous Owner Hornowski Jerome G $1,209,408
Previous Owner Hornowski Jerome G $411,600
Previous Owner Hornowski Jerry $1,000,000
Previous Owner Lake Associates Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $2,200,000 0.0% $481 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $2,200,000 +69.2% $481 / Sq Ft
08/24/2016 08/24/16 Sold $1,300,000 -17.7% $309 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $1,580,000 -- $375 / 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
2023 $9,201 $1,478,700 $231,000 $1,247,700
2022 $8,665 $1,478,700 $231,000 $1,247,700
2021 $8,104 $1,382,900 $0 $0
2020 $7,553 $1,198,900 $0 $0
2019 $7,553 $1,198,900 $0 $0
2018 $7,553 $1,198,900 $0 $0
2017 $7,553 $1,153,900 $0 $0
2016 $8,020 $1,153,900 $0 $0
2015 $8,020 $1,153,900 $0 $0
2014 $8,020 $1,153,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3777340

Canopy MLS (Canopy Realtor® Association)

APN: 9645-79-3790-00000