NOT LISTED FOR SALE

50 New Salem Rd Swannanoa, NC 28778

Estimated Value: $415,000 - $467,000

3 Beds
2 Baths
1,708 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $415,079 $243 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,645/month

4 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • 1 Car Attached Garage
  • Ranch Style House
  • Covered patio or porch
  • Laundry Room

About This Home

As of November 2023

Multiple offers received. Highest and best due Monday night. Spacious one-level ranch on a large lot with beautiful views! This solid brick home has wood floors, a gas fireplace, and a phenomenal yard! The lot is flat with a fenced back yard, a large back patio, and incredible mountain views. The basement has interior access and a garage door, making it a great option for a workshop or studio. Add your personal updates to make this home perfect! No septic permit found with Buncombe County; this is typical of homes built in the 1950's. Square footage does not match the county tax records, but the county has been notified.

Last Agent to Sell the Property

Scott Russell

Allen Tate/Beverly-Hanks Freestone Properties Brokerage Email: scott@freestoneproperties.com License #246481 Listed on: 10/13/2023

Last Buyer's Agent

Don Rongstad

Move Asheville Realty License #283568

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1956

Lot Details

  • Chain Link Fence
  • Back Yard Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Entrance Foyer
  • Living Room with Fireplace
  • Mountain Views
  • Dishwasher
  • Laundry Room
  • Basement

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Schools

  • Wd Williams Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9678-89-9767-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,771

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1956
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 243.02
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1708
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1137
  • Sq Ft Unheated Total: 1137
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Refrigerator
  • Above Grade Finished Sq Ft: 1708
  • Has Basement: Basement Garage Door
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Living Room
  • Living Area: 1708
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Chain Link, Fenced
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 2000
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Driveway, Attached Garage, Garage Faces Side, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Heat Pump
  • Utilities: Cable Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Views
  • Lot Size Area: 0.83
  • Lot Size Units: Acres
  • Parcel Number: 9678-89-9767-00000
  • Zoning: R-1
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: WD Williams
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 13, 2023
Sold by
Watson Carol and Watson Dennis Ford
Bought by
Dukes Martha Ann
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Don Rongstad
Move Asheville Realty
List Price
$385,000
Sold Price
$415,079
Premium/Discount to List
$30,079
7.81%
Views
23
Current Estimated Value
$455,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,895
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Dec 19, 2001
Sold by
Kayne David B and Kayne Catherine D
Bought by
Naves James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 1996
Sold by
Jindrak Clifford L
Bought by
Kayne and Kayne
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
Dukes Martha Ann $415,500 None Listed On Document
Naves James A $147,000 --
Kayne $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naves James A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $415,079 +7.8% $243 / Sq Ft
10/13/2023 10/13/23 For Sale $385,000 -- $225 / 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 $1,771 $234,200 $48,400 $185,800
2022 $735 $234,200 $0 $0
2021 $735 $234,200 $0 $0
2020 $693 $207,200 $0 $0
2019 $693 $207,200 $0 $0
2018 $693 $207,200 $0 $0
2017 $1,384 $158,700 $0 $0
2016 $1,163 $158,700 $0 $0
2015 -- $158,700 $0 $0
2014 $1,163 $158,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4077150

Canopy MLS (Canopy Realtor® Association)

APN: 9678-89-9767-00000