NOT LISTED FOR SALE

Estimated Value: $1,294,000 - $2,161,000

5 Beds
4.5 Baths
4,163 Sq Ft
$408/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $1,550,000 $372 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,942/month

8 Days on Market

Highlights

  • Spa
  • City View
  • Deck
  • Asheville High Rated A-
  • Open Floorplan
  • Wooded Lot

About This Home

As of May 2022

High above the city, sits this fabulous 5-bedroom, 4.5-bathroom, newly-renovated home, on Asheville's beautiful and convenient Town Mountain. The open first floor with gracious entry and half bath, is prime for entertaining and includes a chef's kitchen, huge great room and large landing area off the garage with computer station, cubbies to help stay organized, and even a dog watering station. Keep the main-floor ensuite bedroom (with washer/dryer in closet) as the primary or make it an amazing guest quarters. Four bedrooms upstairs with two large bathrooms and separate laundry room allow plenty of space to live and play. As an added bonus, there's a finished basement with full bath, accessible via separate interior stairwell. Currently used as office space, this area could be utilized as a rental (buyers to confirm) or kept as additional space for the homeowners. Outdoor living is also abundant with numerous decks to take in the city views or relax in the hot tub. So many options!

Last Agent to Sell the Property

Tracy Dew

Preferred Properties License #283099 Listed on: 03/04/2022

Last Buyer's Agent

Kirt Kaempfer

Connestee Falls Realty License #306203

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • Cul-De-Sac
  • Fenced
  • Steep Slope
  • Wooded Lot
  • Property is zoned RS4, RS4

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Modern Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Great Room with Fireplace
  • City Views

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Spa
  • Deck
  • Fire Pit

Schools

  • Asheville City Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Heat Pump System
  • Propane Water Heater
  • High Speed Internet

Community Details

  • Bill Betke Association
  • Highland Gate Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9649-83-4070-00000

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0.55 Acres

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Modern, Transitional
  • Year Built: 1993
  • Ratio Current Price By Acre: 2818181.82
  • Restrictions: Architectural Review,Building,Subdivision,Other - See Media/Remarks
  • Restrictions Description: City of Asheville Steep Slope, Subdivision Restrictions
  • Second Living Quarters: Interior Connected
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Slab
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Built Ins, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2073
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1356
  • Porch: Deck
  • Appliances: Bar Fridge, Ceiling Fan(s), Dishwasher, Dryer, Gas Range, Oven, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 734
  • Fireplace Features: Gas Log, Great Room, Propane, Other
  • Living Area: 4163
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Fence, Fire Pit, Hot Tub, Underground Power Lines, Wired Internet Available
  • New Construction: No
  • Roof: Composition
  • Tax Location: Asheville
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Propane
  • Laundry Features: Main Level, Upper Level, Laundry Room, Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Bill Betke
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: Required
  • HOA Email: bill.betke@aol.com

Lot Info

  • Lot Features: City View, Cul-De-Sac, Long Range View, Mountain View, Steep Slope, Wooded, Views, Winter View
  • Lot Size Units: Acres
  • Parcel Number: 9649-83-4070-00000
  • Plat Book Slide: 55/127
  • Plat Reference Section Pages: 55/127
  • Zoning Description: RS4

Tax Info

  • RATIO List Price By Tax Amount: 1.76824

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 16, 2022
Sold by
Armstrong Scott A and Armstrong Amanda F
Bought by
Laura Elizabeth Miller Revocable Trust
Seller's Agent
Tracy Dew
Preferred Properties
Buyer's Agent
Kirt Kaempfer
Connestee Falls Realty
List Price
$1,500,000
Sold Price
$1,550,000
Premium/Discount to List
$50,000
3.33%
Current Estimated Value
$1,698,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,652
Avg. Annual Appreciation
2.41%
Original Mortgage
$1,240,000
Outstanding Balance
$1,178,498
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$520,154

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 15, 2020
Sold by
Ghassemieh Mohammad S and Ghassemieh Donna F
Bought by
Armstrong Scott A and Armstrong Amanda F
Seller's Agent
Michelle Ranieri
Southern Homes of the Carolinas, Inc
Buyer's Agent
Tracy Dew
Preferred Properties
List Price
$725,000
Sold Price
$697,000
Premium/Discount to List
-$28,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.83%
Original Mortgage
$627,300
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laura Elizabeth Miller Revocable Trust $1,550,000 None Listed On Document
Armstrong Scott A $697,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laura Elizabeth Miller Revocable Trust $1,240,000
Previous Owner Armstrong Scott A $627,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Sold $1,550,000 +3.3% $372 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $1,500,000 0.0% $360 / Sq Ft
03/02/2022 03/02/22 For Sale $1,500,000 0.0% $360 / Sq Ft
02/28/2022 02/28/22 For Sale $1,500,000 0.0% $360 / Sq Ft
02/25/2022 02/25/22 For Sale $1,500,000 +115.2% $360 / Sq Ft
05/15/2020 05/15/20 Sold $697,000 -3.9% $164 / Sq Ft View Prior Sale
03/27/2020 03/27/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $725,000 -- $170 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $13,209 $1,278,600 $149,900 $1,128,700
2024 $13,209 $1,278,600 $149,900 $1,128,700
2023 $13,209 $1,278,600 $149,900 $1,128,700
2022 $8,459 $848,300 $0 $0
2021 $8,459 $848,300 $0 $0
2020 $7,967 $739,100 $0 $0
2019 $7,967 $739,100 $0 $0
2018 $7,967 $739,100 $0 $0
2017 $0 $532,600 $0 $0
2016 $6,546 $532,600 $0 $0
2015 $6,546 $532,600 $0 $0
2014 $6,466 $532,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3831171

Canopy MLS (Canopy Realtor® Association)

APN: 9649-83-4070-00000

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