$625,000
SOLD MAR 12, 2025

501 Sugar Maple Ln Asheville, NC 28805

2 Beds
2 Baths
1,463 Sq Ft
0.7 Acres

Recently Sold

$427 Per Sq Ft

11% Below List Price

255 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wooded Lot
  • Mountain View
  • Private Lot
  • Arts and Crafts Architecture

About This Home

As of March 2025

Enjoy serenity near the top of desirable Buffalo Mountain. Rare find with this arts and craft style home with easy all main level living. Garage on main level with level driveway for added convenience. Nestled on a gentle sloping lot, this property offers multiple outdoor spaces with seasonal views to savor the mountain breezes and nature. Inside, you’ll be captivated by the spacious kitchen boasting ample cabinets, open floor plan that seamlessly flows into the beautiful living room, complete with custom built-ins and fireplace. The ambiance is inviting with beautiful wood floors and high ceilings. Retreat to the primary bedroom featuring large walk-in closet and private bath. The walk in attic space presents potential for expansion with 3 bed. septic permit. 20 minutes to downtown Asheville. Convenient to the VA Medical Center and The Blue Ridge Parkway. This home offers the perfect blend of tranquility and modern living. Don’t miss this opportunity to make this your mountain home.

Last Agent to Sell the Property

Lynn Hathcock

Premier Sotheby’s International Realty Brokerage Phone: 828-231-1955 License #251392 Listed on: 05/20/2024

Premier Sotheby’s International Realty

Last Buyer's Agent

Suzanne Fitzgerald

Keller Williams Professionals License #290650

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 2022

Lot Details

  • Private Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Hardboard

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Propane Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views
  • Crawl Space
  • Permanent Attic Stairs

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • Ipm Association
  • Buffalo Mountain Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9770-13-8201-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,337

Year Built

Built in 2022

Lot Details

0

HOA Fees

$139 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2022
  • Restrictions: Architectural Review,Building,Deed,Square Feet
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: 2023 Confirmed Special Assessment- Seller Already Paid in Full
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 427.20
  • Geocode Confidence: High
  • Attribution Contact: 828-231-1955
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic Stairs Fixed, Attic Walk In, Breakfast Bar, Built-in Features, Central Vacuum, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1463
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 488
  • Sq Ft Unheated Upper: 488
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
  • Other Equipment: Fuel Tank(s), Other - See Remarks
  • Above Grade Finished Sq Ft: 1463
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Propane
  • Living Area: 1463
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s), Winter
  • Exclusions: Propane Tank leased with Superior Propane
  • Waterfront Elevation: 2500
  • Construction Type: Hardboard Siding, Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 401
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: In Hall, Laundry Room, Main Level
  • Cooling: Central Air
  • Utilities: Electricity Connected, Propane
  • Water Source: City, Other - See Remarks

Condo/Co-op/Association

  • Association Fee: 1663.75
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 1663.75

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level, Private, Sloped, Wooded, Views
  • Lot Size Area: 0.7
  • Lot Size Units: Acres
  • Parcel Number: 9770-13-8201-00000
  • Zoning: R-1
  • Plat Book Slide: 57
  • Plat Reference Section Pages: 43
  • 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
May 20, 2024
Closed on
Mar 11, 2025
Sold by
Ramsey Carl Andrew and Ramsey Suzanne M
Bought by
Sinatra Andre Joseph
Seller's Agent
Lynn Hathcock
Premier Sotheby’s International Realty
Buyer's Agent
Suzanne Fitzgerald
Keller Williams Professionals
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Views
313
Current Estimated Value
$598,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,894
Avg. Annual Appreciation
-6.63%

Purchase Details

Closed on
Mar 4, 2021
Sold by
Sofley Henry T and Sofley Lisa G
Bought by
Ramsey Carl Andrew and Ramsey Suzanne M

Purchase Details

Closed on
Apr 2, 1998
Sold by
Whitbeck Peter and Whitbeck Joan C
Bought by
Sofley Henry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,750
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $625,000 None Listed On Document
Warranty Deed $45,000 None Available
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $18,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $625,000 -3.0% $427 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
11/13/2024 11/13/24 Price Changed $644,000 -0.8% $440 / Sq Ft
09/03/2024 09/03/24 Price Changed $649,000 -3.9% $444 / Sq Ft
07/11/2024 07/11/24 Price Changed $675,000 -3.4% $461 / Sq Ft
05/20/2024 05/20/24 For Sale $699,000 -- $478 / 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 $2,337 $341,800 $51,700 $290,100
2023 $2,337 $341,800 $51,700 $290,100
2022 $328 $51,700 $0 $0
2021 $328 $51,700 $0 $0
2020 $266 $39,400 $0 $0
2019 $266 $39,400 $0 $0
2018 $256 $39,400 $0 $0
2017 $0 $39,400 $0 $0
2016 $281 $39,400 $0 $0
2015 $281 $39,400 $0 $0
2014 $281 $39,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4136779

Canopy MLS (Canopy Realtor® Association)

APN: 9770-13-8201-00000