NOT LISTED FOR SALE

50 Shumont Rd Black Mountain, NC 28711

Estimated Value: $150,000 - $254,000

3 Beds
1 Bath
912 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $96,000 $105 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,205/month

25 Days on Market

Highlights

  • Laundry Room
  • Space Heater
  • Wood Siding

About This Home

As of October 2022

Property is bank owned and is being sold as is, THERE IS NO WATER TO THE HOME. Seller and sellers agent make no warranties or guarantees as to the condition of the home.

Adorable mountain home, half way between Black Mountain and Hendersonville, just 30 minutes to Asheville and 15 minutes to Chimney Rock and Lake Lure. Great location for the ultimate vacation. Knotty pine walls thru out living and dining room for the real mountain feel.

Last Agent to Sell the Property

Greg Christner

Coldwell Banker Advantage License #263743 Listed on: 07/22/2022

Coldwell Banker Advantage

Last Buyer's Agent

Crystal Presley

Pollinator Properties LLC License #334546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1923

Lot Details

  • 0.43

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Space Heater
  • Heating System Uses Propane

Additional Features

  • Laundry Room
  • Zoning described as OU

Listing and Financial Details

  • Assessor Parcel Number 0624-53-1819-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$966

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1923
  • Ratio Current Price By Acre: 223255.81
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 105.26
  • Special Features: None

Interior Features

  • Foundation Details: Pier & Beam
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 912
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 240
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 240
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 912
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 400
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Space Heater, None, Propane
  • Sewer: Other
  • Water Heater: Electric
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Other

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Mountain View, Winter View
  • Lot Size Area: 0.43
  • Lot Size Units: Acres
  • Parcel Number: 0624-53-1819-00000
  • Lot Size: .43
  • Zoning Description: OU
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.60934

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
Movement Mortgage Llc
Bought by
Secretary Of Veterans Affairs
Current Estimated Value
$205,309

Purchase Details

Listed on
Feb 21, 2021
Closed on
Jun 4, 2021
Sold by
Gill Jason Wade and Kohn Ashley J
Bought by
Jenkins Earl L
Seller's Agent
Steve Gale
Steve Gale Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$153,300
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Jan 12, 2018
Sold by
Bailey Charles B and Bailey Catherine M
Bought by
Gill Jason Wade and Kohn Ashley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1999
Sold by
Mccusker Elizabeth Ann and Skeparnis Carmen L
Bought by
Bailey Charles B and Bailey Catherine M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Secretary Of Veterans Affairs -- Hutchens Law Firm Llp
Jenkins Earl L $153,500 None Available
Gill Jason Wade $88,000 None Available
Bailey Charles B $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jenkins Earl L $153,300
Previous Owner Gill Jason Wade $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $96,000 +19.6% $105 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $80,250 0.0% $88 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $80,250 -46.1% $88 / Sq Ft
06/04/2021 06/04/21 Sold $149,000 0.0% $127 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/20/2021 04/20/21 Price Changed $149,000 0.0% $127 / Sq Ft
04/20/2021 04/20/21 For Sale $149,000 -6.3% $127 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $159,000 -- $135 / 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 $966 $142,600 $18,000 $124,600
2022 $944 $145,700 $0 $0
2021 $853 $131,700 $0 $0
2020 $564 $81,900 $0 $0
2019 $564 $81,900 $0 $0
2018 $564 $81,900 $0 $0
2017 $556 $63,700 $0 $0
2016 $474 $63,700 $0 $0
2015 $474 $63,700 $0 $0
2014 $474 $63,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3886500

Canopy MLS (Canopy Realtor® Association)

APN: 0624-53-1819-00000