NOT LISTED FOR SALE

5 Settings Blvd Unit 35 Black Mountain, NC 28711

Estimated Value: $1,228,000 - $1,788,000

0.74 Acre
$1,952,677 Price per Acre
32,234 Sq Ft Lot

Last Sold April 12, 2019

Last sale price $22,500

Est. 6,322% increase in value since last sale

Current estimated payment $8,579/month

526 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • High Speed Internet
  • Clubhouse

About This Lot

As of April 2019

Beautiful lot with good views possible from loft of ridge/house site. Unimproved driveway already in place to just below most likely house site. Views of the Black Mountain Range includes Mt Mitchell, Craggies - frequent snow capped peaks during winter. Very close to the little village of Black Mountain, but far enough away to provide serenity & privacy. Lot is close, within easy walking distance to the Setting's Club House & main entrance. Major conveniences/interchanges & total workout facility are closer than B Mt.

Last Agent to Sell the Property

David Begley

GreyBeard Realty License #275186 Listed on: 09/07/2017

Last Buyer's Agent

Tim Johnson

Black Bear Realty WNC License #304267

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot
  • Property is zoned Residential Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Slab Foundation

Additional Features

  • Crawl Space
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0618-47-7727-00000
  • Tax Block Phase One

Community Details

Overview

  • Fsr Association, Phone Number (855) 546-9462

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.75251
  • Ratio Close Price By Original Li: 0.45090
  • Ratio Current Price By Acre: 30405.41
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space, g-Sealed Crawl Space, Pier & Beam, Slab
  • H O A Management Phone: 855-546-9462

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Wired Internet Available, Satellite Internet Available
  • Publically Maintained Road: Yes

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Sidewalk, Street Lights
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: FSR
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 127x7x241x122x315
  • Lot Features: Mountain View, Long Range View, Paved Frontage, Wooded
  • Lot Size Area: 0.740
  • Parcel Number: 0618-47-7727-00000
  • Zoning: Residential Lot
  • Zoning Specification: CR-1
  • Plat Book Slide: 100/62
  • Plat Reference Section Pages: 179-180
  • Wooded Acres: 0.74

Tax Info

  • Tax Value: 85200.00
  • Tax Amount Ncm: 743.00
  • Tax Block: Phase One
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Apr 11, 2019
Sold by
Dunning Judith D and Dunning Thomas E
Bought by
Gist William Edward and Gist Beth Ann
Seller's Agent
David Begley
GreyBeard Realty
Buyer's Agent
Tim Johnson
Black Bear Realty WNC
List Price
$49,900
Sold Price
$22,500
Premium/Discount to List
-$27,400
-54.91%
Current Estimated Value
$1,444,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,422,481
Avg. Annual Appreciation
91.62%

Purchase Details

Closed on
Oct 26, 2005
Sold by
The Setting Of Black Mountain Llc
Bought by
Dunning Thomas E and Dunning Judith D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gist William Edward $22,500 None Available
Dunning Thomas E $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gist William $596,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $22,500 -24.7% --
02/15/2019 02/15/19 Pending -- -- --
08/30/2018 08/30/18 Price Changed $29,900 -40.1% --
09/07/2017 09/07/17 For Sale $49,900 -- --
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
2024 $7,457 $889,200 $85,200 $804,000
2023 $7,457 $889,200 $85,200 $804,000
2022 $7,060 $889,200 $0 $0
2021 $7,060 $889,200 $0 $0
2020 $734 $85,200 $0 $0
2019 $734 $85,200 $0 $0
2018 $734 $85,200 $0 $0
2017 $743 $66,200 $0 $0
2016 $648 $66,200 $0 $0
2015 $648 $66,200 $0 $0
2014 $648 $66,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3314556

Canopy MLS (Canopy Realtor® Association)

APN: 0618-47-7727-00000