NOT LISTED FOR SALE

50 Mountain Dr Unit 28 Biltmore Lake, NC 28715

Estimated Value: $950,000 - $1,095,000

4 Beds
3 Baths
3,056 Sq Ft
$334/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $612,500 $200 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,924/month

10 Days on Market

Highlights

  • Community Lake
  • Contemporary Architecture
  • Attic
  • Clubhouse
  • Engineered Wood Flooring
  • Tennis Courts

About This Home

As of May 2018

Immaculate Buckingham Craftsman Model 4BR/ 3 BA+Office w extended SCREENED PORCH, with gorgeous landscaping, POND and artificial WATERFALL. Spacious ONE LEVEL LIVING Open Floor Plan with many upgrades...see list in Attachments. Gourmet kitchen with Newer SS appliances plus GAS RANGE! HUGE WALK-IN ATTIC STORAGE. Relax on the Rocking Chair Front Porch or experience bliss on the Screen Porch listening to the birds. ONLY TWO BLOCKS TO THE LAKE: playground and Club House. Come visit and enjoy the Biltmore Lake lifestyle!!!

Last Agent to Sell the Property

Gail Manheimer

Asheville Realty Group License #226155 Listed on: 04/08/2018

Last Buyer's Agent

Katie Ledford

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #293590

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • Attached Garage
  • Brick Driveway

Home Design

  • Contemporary Architecture
  • Arts and Crafts Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Engineered Wood
  • Tile

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9616-49-3776-00000

Community Details

Overview

  • Biltmore Lake HOA, Phone Number (828) 209-5253
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$132 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Arts and Crafts, Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98000
  • Ratio Close Price By Original Li: 0.98000
  • Ratio Current Price By Acre: 2268518.52
  • Ratio Current Price By Sq Ft: 200.43
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 826
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer, Natural Gas, Gas Oven
  • Fireplace Description: Gas Logs, Gas Unvented, Living Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 828-209-5253
  • Interior Amenities: Attic Other, Attic Walk-in, Breakfast Bar, Cable Available, Pantry, Split BR Plan, Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2230
  • Total Sq Ft: 3056

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Brick
  • Parking: Attached Garage, Garage - 2 Car, Keypad Entry

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Lake, Playground, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 395.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Biltmore Lake HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Enka
  • High School: Enka

Lot Info

  • Lot Features: Artificial Waterfall, Level, Lake, Trees
  • Lot Size Area: 0.270
  • Parcel Number: 9616-49-3776-00000
  • Plat Reference Section Pages: 0078
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 522100.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2018
Closed on
May 9, 2018
Sold by
Jacobs Harold G and Jacobs Pamelia K
Bought by
Wilbur Peter and Wilbur Holly
Seller's Agent
Gail Manheimer
Asheville Realty Group
Buyer's Agent
Katie Ledford
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$625,000
Sold Price
$612,500
Premium/Discount to List
-$12,500
-2%
Current Estimated Value
$1,020,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,929
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Dec 12, 2003
Sold by
The Broadlands Co Llc
Bought by
Jacobs Harold G and Jacobs Pamelia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2003
Sold by
Biltmore Farms Inc
Bought by
The Broadlands Co Llc
Source: Public Records

Range of Values:

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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
Wilbur Peter $612,500 None Available
Jacobs Harold G $376,000 --
The Broadlands Co Llc $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobs Harold G $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $612,500 -2.0% $200 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/08/2018 04/08/18 For Sale $625,000 -- $205 / 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 $4,328 $678,800 $61,800 $617,000
2024 $4,328 $678,800 $61,800 $617,000
2023 $4,328 $678,800 $61,800 $617,000
2022 $4,025 $678,800 $0 $0
2021 $2,025 $678,800 $0 $0
2020 $3,461 $545,900 $0 $0
2019 $3,461 $545,900 $0 $0
2018 $3,232 $522,100 $0 $0
2017 $3,284 $407,100 $0 $0
2016 $2,825 $407,100 $0 $0
2015 $2,825 $407,100 $0 $0
2014 $2,825 $407,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3375870

Canopy MLS (Canopy Realtor® Association)

APN: 9616-49-3776-00000