NOT LISTED FOR SALE

50 Cherry Grove Rd Asheville, NC 28805

Estimated Value: $696,000 - $840,370

4 Beds
3.5 Baths
3,620 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $650,000 $180 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,543/month

31 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Wood Flooring
  • Charles C Bell Elementary Rated A-
  • Private Lot
  • Walk-In Closet

About This Home

As of July 2021

Beautiful modern farmhouse conveniently located 12 minutes from downtown Asheville, with a large wrap-around covered porch, 2 driveways, privacy, space to grow, finished basement with media room, home office(s), 2 car garage, fenced yard, nice landscaping, hardwood floors, gas fireplace, updated kitchen, private back patio, natural gas furnace, central AC, and plenty of storage!
Possible in-law suite on lower level, possible short-term rental options (buyer to verify with Buncombe County). The lower level has a separate entry and separate driveway. Solid construction and well maintained. Move-in ready!

Last Agent to Sell the Property

Rory Heller

Keller Williams Professionals License #202364 Listed on: 04/29/2021

Keller Williams Professionals

Last Buyer's Agent

Nick Hinton

The Hinton Realty Group License #284082

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Front Green Space
  • Private Lot
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Farmhouse Style Home

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Storage Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 966888385600000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Contemporary, Farmhouse
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 375722.54
  • Ratio Current Price By Sq Ft: 179.56
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 1103
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Gas Range, Microwave, Natural Gas, Refrigerator
  • Fireplace Description: Gas Logs, Living Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Storage Unit, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 3
  • Sq Ft Basement: 1020
  • Main Level Sq Ft: 1497
  • Total Sq Ft: 3620
  • Sq Ft Unheated Basement: 372
  • Sq Ft Unheated Total: 372

Exterior Features

  • Construction: Cedar Shake, Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Underground Power Lines

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Natural Gas
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Bell
  • Middle School: AC Reynolds
  • High School: AC Reynolds

Lot Info

  • Lot Features: Corner Lot, Green Area, Level, Private, Rolling
  • Lot Size Area: 1.730
  • Parcel Number: 966888385600000
  • Plat Book Slide: 114/41
  • Zoning Specification: Res

Tax Info

  • Tax Value: 618600.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jul 14, 2021
Sold by
Hensley Daniel S and Hensley Heidi
Bought by
Kruglikov Vitaly
Seller's Agent
Rory Heller
Keller Williams Professionals
Buyer's Agent
Nick Hinton
The Hinton Realty Group
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$770,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,593
Avg. Annual Appreciation
5.84%
Original Mortgage
$450,000
Outstanding Balance
$412,705
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$408,040

Purchase Details

Closed on
Oct 18, 2006
Sold by
Ward John Walter and Ward Mary M
Bought by
Hensley Daniel S and Hensley Kimberly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.45%
Mortgage Type
Unknown
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
Kruglikov Vitaly $650,000 None Available
Hensley Daniel S $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruglikov Vitaly $450,000
Previous Owner Hensley Dan $386,100
Previous Owner Hensley Daniel S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $650,000 0.0% $180 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $650,000 0.0% $180 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $650,000 -- $180 / 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 $4,127 $621,500 $60,000 $561,500
2022 $3,940 $621,500 $0 $0
2021 $3,929 $618,600 $0 $0
2020 $3,282 $485,700 $0 $0
2019 $3,283 $485,700 $0 $0
2018 $2,754 $422,800 $0 $0
2017 $2,756 $314,300 $0 $0
2016 $2,244 $314,300 $0 $0
2015 $2,244 $314,300 $0 $0
2014 $2,244 $314,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3734364

Canopy MLS (Canopy Realtor® Association)

APN: 9668-88-3856-00000