NOT LISTED FOR SALE

5 Salem Acres Rd Weaverville, NC 28787

Estimated Value: $499,000 - $611,000

4 Beds
2.5 Baths
2,148 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $275,000 $128 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,175/month

46 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Attic Fan
  • Weaverville Elementary Rated A-
  • Shed
  • Storm Doors

About This Home

As of July 2015

Rare find in sought after downtown Weaverville. Newly renovated 4BR, 2.5BA with 2 car garage on .57 level lot. Renovations include updated kitchen, new appliances, granite counters. Updated baths with new vanities and tile floors. Gardeners dream yard with bonus storage bldg in backyard. Easy walk to Lake Louise, longer walk to Main St. Extremely rare to find large, move-in ready, updated homes in DT Weaverville area under $300K. Owner/Broker

Last Agent to Sell the Property

Kevin Kopp

DR Horton Inc License #284264 Listed on: 04/17/2015

DR Horton Inc

Last Buyer's Agent

Ann Lingerfelt-lewter

Preferred Properties License #207306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1977

Lot Details

  • Fenced
  • Level Lot
  • Many Trees

Parking

  • 2

Home Design

  • Traditional Architecture

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows
  • Crawl Space
  • Attic Fan
  • Storm Doors

Flooring

  • Wood
  • Tile

Additional Features

  • Shed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9732-87-7372-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,716

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94860
  • Ratio Close Price By Original Li: 0.94860
  • Ratio Current Price By Acre: 482456.14
  • Ratio Current Price By Sq Ft: 128.03
  • Year Built: 1977
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1020
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Microwave, Smoke Detector, Wall Oven, Washer Connection
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Attic Fan, Cable Available
  • Room Count: 4
  • Main Level Sq Ft: 1128
  • Total Sq Ft: 2148

Exterior Features

  • Construction: Brick Partial, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Weaverville/N. Windy Ridge
  • Middle School: North Windy Ridge
  • High School: North Buncombe

Lot Info

  • Lot Features: Level, Paved Frontage, Trees
  • Lot Size Area: 0.570
  • Parcel Number: 9732-87-7372-00000
  • Plat Reference Section Pages: 5282
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2018
Sold by
Nygaard Jacob Mark and Nygaard Rachael Sawyer
Bought by
Nygaard Jacob Mark
Current Estimated Value
$554,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Outstanding Balance
$203,531
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$350,589

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jul 2, 2015
Sold by
Dogwood Properties And Development Llc
Bought by
Nygaard Jacob Mark and Nygaard Rachael Sawyer
Seller's Agent
Kevin Kopp
DR Horton Inc
Buyer's Agent
Ann Lingerfelt-lewter
Preferred Properties
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$242,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2014
Closed on
Jan 16, 2015
Sold by
Pennymac Holdings Llc
Bought by
Dogwood Properites & Development Llc
Seller's Agent
Lisa Maloney
AVL Living LLC
Buyer's Agent
Lisa Maloney
AVL Living LLC
List Price
$189,900
Sold Price
$182,700
Premium/Discount to List
-$7,200
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.75%
Original Mortgage
$175,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2014
Sold by
Reich Adam D and Reich Rochelle L
Bought by
Pennymac Holdings Llc

Purchase Details

Closed on
May 3, 2004
Sold by
Kelly Warren A and Kelly Mary Kim M
Bought by
Reich Adam D and Reich Rochelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.35%
Mortgage Type
Balloon
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
Nygaard Jacob Mark -- None Available
Nygaard Jacob Mark $275,000 Attorney
Dogwood Properites & Development Llc $183,000 None Available
Pennymac Holdings Llc $169,708 None Available
Reich Adam D $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nygaard Jacob Mark $237,000
Closed Nygaard Jacob Mark $242,250
Previous Owner Dogwood Properites & Development Llc $175,000
Previous Owner Reich Adam D $175,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2015 07/02/15 Sold $275,000 -5.1% $128 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $289,900 +58.7% $135 / Sq Ft
01/30/2015 01/30/15 Sold $182,700 -3.8% $88 / Sq Ft View Prior Sale
01/25/2015 01/25/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $189,900 -- $91 / 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 $2,716 $313,100 $45,600 $267,500
2024 $2,716 $313,100 $45,600 $267,500
2023 $2,716 $313,100 $45,600 $267,500
2022 $2,624 $313,100 $0 $0
2021 $2,624 $313,100 $0 $0
2020 $2,293 $252,300 $0 $0
2019 $1,335 $252,300 $0 $0
2018 $1,335 $252,300 $0 $0
2017 $1,360 $219,100 $0 $0
2016 $1,323 $219,100 $0 $0
2015 $1,323 $219,100 $0 $0
2014 $1,323 $219,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM582089

Canopy MLS (Canopy Realtor® Association)

APN: 9732-87-7372-00000