NOT LISTED FOR SALE

50 Settings Blvd Unit 141 Black Mountain, NC 28711

Estimated Value: $41,859 - $522,000

0.29 Acre
$586,948 Price per Acre
12,632 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $37,000

Est. 360% increase in value since last sale

Current estimated payment $1,086/month

148 Days on Market

Highlights

  • Clubhouse
  • Community Playground
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Trails
  • Lot Has A Rolling Slope

About This Lot

As of April 2022

Great building lot in The Settings. Enjoy this wonderful gated mountain community within minutes of downtown. Build your dream house in an area with few homes and easy access to the front gate and clubhouse.

Last Listed By

Bob Sadlemire

Allen Tate/Beverly-Hanks Freestone Properties License #295811 Listed on: 04/07/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $346

Lot Details

  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned CR1

HOA Fees

  • $108 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 0618-56-1474-00000

Community Details

Overview

  • The Settings Of Black Mountain Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$346

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 127586.21
  • Restrictions: Architectural Review,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Paved Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Black Mountain
  • Waterfront Elevation: 2500

Utilities

  • Sewer: Public Sewer
  • Utilities: Fiber Optics
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Playground, Sidewalks, Walking Trails
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved, Rolling Slope, Wooded
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Parcel Number: 0618-56-1474-00000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 96/163
  • Zoning Description: Res

Tax Info

  • RATIO List Price By Tax Amount: 0.96845

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Black Mountain
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Mar 30, 2022
Sold by
Graybar Michael F and Graybar Doris
Bought by
Mears Christopher
Seller's Agent
Bob Sadlemire
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Tim Johnson
Black Bear Realty WNC
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%
Total Days on Market
148
Current Estimated Value
$170,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,215
Avg. Annual Appreciation
63.09%

Purchase Details

Closed on
Apr 18, 2006
Sold by
The Settings Of Black Mountain Llc
Bought by
Macior Martha Cobb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,910
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Mears Christopher $37,000 Begley Law Firm Pa
Macior Martha Cobb $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macior Martha Cobb $152,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $37,000 -7.3% --
11/08/2021 11/08/21 For Sale $39,900 +7.8% --
10/31/2021 10/31/21 Off Market $37,000 -- --
10/22/2021 10/22/21 For Sale $39,900 0.0% --
09/02/2021 09/02/21 Pending -- -- --
07/05/2021 07/05/21 Price Changed $39,900 -5.0% --
04/07/2021 04/07/21 For Sale $42,000 +180.0% --
10/17/2013 10/17/13 Sold $15,000 -48.1% --
10/02/2013 10/02/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $28,900 -- --
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 $346 $41,200 $41,200 $0
2022 $327 $41,200 $0 $0
2021 $327 $41,200 $0 $0
2020 $644 $74,800 $0 $0
2019 $644 $74,800 $0 $0
2018 $644 $74,800 $0 $0
2017 $0 $58,200 $0 $0
2016 $570 $58,200 $0 $0
2015 $570 $58,200 $0 $0
2014 $570 $58,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3726603

Canopy MLS (Canopy Realtor® Association)

APN: 0618-56-1474-00000