NOT LISTED FOR SALE

50 Twilight Sedge Dr Unit 5011 Biltmore Lake, NC 28715

Estimated Value: $536,000 - $659,000

1.12 Acres
$516,368 Price per Acre
48,787 Sq Ft Lot

Last Sold June 27, 2024

Last sale price $550,000

Est. 5% increase in value since last sale

Current estimated payment $3,743/month

348 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Trails
  • Clubhouse
  • Tennis Courts

About This Lot

As of June 2024

This gently sloping 1.12 acre LAKEFRONT homesite in BILTMORE LAKE'S gated community of WATER'S EDGE overlooks the 62 acre lake that is the centerpiece of the community. From your private homesite you can enjoy stunning water and mountain views with easy access to the Scenic Lake Trail which rounds the lake to the Boathouse/Paddle sports, Swimming beach, Clubhouse, Tennis/ Pickleball Courts, Playground, and Community Fire Circle. Build your custom waterfront home nestled amongst the trees in this very private setting only a short drive to vibrant DOWNTOWN ASHEVILLE, AVL Airport, shopping, restaurants and much more! Biltmore Lake's miles of forest and lake trails sets up an open invitation to enjoy one of the South's most charming mountain cities in a serene mountain setting.

Last Agent to Sell the Property

Angela Booher

Unique: A Real Estate Collective Brokerage Email: angelab@uniquecollective.us License #280185 Listed on: 05/23/2023

Last Buyer's Agent

Bonnie Cathey

Howard Hanna Beverly-Hanks Asheville-Downtown License #272001

Howard Hanna Beverly-Hanks Asheville-Downtown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,143

Lot Details

  • Waterfront
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned R-2

HOA Fees

  • $403 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Schools

  • Hominy Valley/Enka Elementary School
  • Enka Middle School
  • Enka High School

Listing and Financial Details

  • Assessor Parcel Number 9616-19-8370-00000

Community Details

Overview

  • 1 Svc Res Association, Phone Number (828) 670-8293
  • Biltmore Lake Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Recreation Facilities
  • Community Playground
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$3,143

Lot Details

0

HOA Fees

$403 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Square Feet
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: angelab@uniquecollective.us
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Mountain(s), Water
  • Water Body Name: Biltmore Lake
  • Waterfront Features: Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Playground, Recreation Area, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1210
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: 1 Svc Res
  • Phone: 828-670-8293
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 4840.00

Schools

  • Middle Or Junior School: Enka
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded, Waterfront
  • Lot Size Area: 1.12
  • Lot Size Units: Acres
  • Parcel Number: 9616-19-8370-00000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

MLS Schools

  • Elementary School: Hominy Valley/Enka
  • High School: Enka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 25, 2024
Sold by
Delpriore Carol Davis and Delpriore Ronald Andrew
Bought by
Cannon Eric B and Cannon Carolyn Jane
Seller's Agent
Angela Booher
Unique: A Real Estate Collective
Buyer's Agent
Bonnie Cathey
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
206
Current Estimated Value
$578,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,332
Avg. Annual Appreciation
4.10%

Purchase Details

Listed on
Apr 17, 2018
Closed on
Oct 15, 2020
Sold by
Biltmore Lake Llc
Bought by
Delpriore Ronald Andrew and Delpriore Del Priore
Seller's Agent
Neil Battle
Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest
Buyer's Agent
Neil Battle
Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$50,000
Interest Rate
2.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2018
Closed on
Oct 12, 2020
Sold by
Biltmore Lake Llc
Bought by
Priore Ronald Andrew Del and Priore Carol Davis
Seller's Agent
Neil Battle
Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest
Buyer's Agent
Neil Battle
Howard Hanna Beverly-Hanks The Ramble at Biltmore Forest
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.4%
Mortgage Type
New Conventional
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
Cannon Eric B $550,000 None Listed On Document
Delpriore Ronald Andrew $500,000 None Listed On Document
Priore Ronald Andrew Del $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delpriore Ronald Andrew $50,000
Previous Owner Priore Ronald Andrew Del $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $550,000 -5.2% --
09/08/2023 09/08/23 Price Changed $580,000 -3.3% --
05/23/2023 05/23/23 For Sale $600,000 +20.0% --
10/13/2020 10/13/20 Sold $500,000 0.0% -- View Prior Sale
08/16/2020 08/16/20 Pending -- -- --
07/11/2019 07/11/19 For Sale $500,000 0.0% --
04/17/2019 04/17/19 Off Market $500,000 -- --
04/17/2018 04/17/18 For Sale $500,000 -- --
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 $3,143 $493,000 $493,000 --
2024 $3,143 $493,000 $493,000 --
2023 $3,143 $493,000 $493,000 $0
2022 $2,923 $493,000 $0 $0
2021 $2,923 $493,000 $0 $0
2020 $3,176 $501,000 $0 $0
2019 $3,176 $501,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4033666

Canopy MLS (Canopy Realtor® Association)

APN: 9616-19-8370-00000