NOT LISTED FOR SALE

50 Rainbow Ridge Rd Swannanoa, NC 28778

Estimated Value: $440,000 - $571,000

2 Beds
2 Baths
1,726 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $272,600 $158 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,902/month

13 Days on Market

Highlights

  • Private Lot
  • Wood Flooring
  • Separate Outdoor Workshop
  • Wooded Lot
  • Cottage
  • Home fronts a stream

About This Home

As of November 2016

Cottage with Character! Plenty of space in this 2 bedroom, 2 bath home in an established neighborhood within walking distance to Warren Wilson College and Kittredge Theatre. Beautiful setting in the trees with two solarium/sunrooms that are not included in the heated square footage, allow lots of natural light. Private setting with large wooded backyard. Garage w workshop, and additional outbuilding.

Last Agent to Sell the Property

Christie Melear

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #156055 Listed on: 10/14/2016

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Last Buyer's Agent

Megan Shook

Mosaic Community Lifestyle Realty License #255216

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • Home fronts a stream
  • Private Lot
  • Wooded Lot

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Insulated Windows
  • Storm Doors

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop

Listing and Financial Details

  • Assessor Parcel Number 9679-86-5921

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.90867
  • Ratio Close Price By Original Li: 0.90867
  • Ratio Current Price By Acre: 174743.59
  • Ratio Current Price By Sq Ft: 157.94
  • Year Built: 1956
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Block
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, Screen Door(s), Storm Door(s)
  • Equipment: Dryer, Dishwasher, Electric Range, Washer, Electric Oven
  • Fireplace Description: Den, Gas Vented, Living Room, Propane, Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Built-Ins, Garage Shop
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Additional: 280
  • Sq Ft Basement: 572
  • Main Level Sq Ft: 1154
  • Total Sq Ft: 1726
  • Sq Ft Unheated Basement: 446
  • Sq Ft Unheated Main: 250
  • Sq Ft Unheated Total: 696

Exterior Features

  • Construction: Brick Full, Concrete Block, Wood
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Oil Hot Air
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Private, Stream/Creek, Wooded
  • Lot Size Area: 1.560
  • Parcel Number: 9679-86-5921
  • Plat Reference Section Pages: 0191
  • Zoning: Residential
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 183400.00
  • Tax Amount Ncm: 1344.00
  • Tax Location: Swannanoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Nov 21, 2016
Sold by
Bellando Richard R and Bellando Lila R
Bought by
Strong Kare Ane and The Kare Ane Strong Trust
Seller's Agent
Christie Melear
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Megan Shook
Mosaic Community Lifestyle Realty
List Price
$300,000
Sold Price
$272,600
Premium/Discount to List
-$27,400
-9.13%
Current Estimated Value
$509,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,453
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
May 19, 2010
Sold by
Thigpen Douglas
Bought by
Bellando Richard R and Bellando Lila R
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
Strong Kare Ane $273,000 None Available
Bellando Richard R $225,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $272,600 -9.1% $158 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $300,000 -- $174 / 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
2024 $2,282 $347,000 $57,700 $289,300
2023 $2,282 $347,000 $57,700 $289,300
2022 $2,179 $347,000 $0 $0
2021 $2,179 $347,000 $0 $0
2020 $1,786 $266,900 $0 $0
2019 $1,786 $266,900 $0 $0
2018 $1,786 $266,900 $0 $0
2017 $0 $183,400 $0 $0
2016 $1,344 $183,400 $0 $0
2015 $1,344 $183,400 $0 $0
2014 $1,344 $183,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3222405

Canopy MLS (Canopy Realtor® Association)

APN: 9679-86-5921-00000