NOT LISTED FOR SALE

503 Azalea Ave Black Mountain, NC 28711

Estimated Value: $621,000 - $833,000

4 Beds
3 Baths
2,335 Sq Ft
$328/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $335,000 $143 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,435/month

6 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Deck
  • Golf Course Community
  • Clubhouse
  • Contemporary Architecture

About This Home

As of April 2016

Views of Lake Tomahawk and surrounding mountains from this 4-bedroom home! 2 master suites, 2 laundry rooms, large living room, and lots of storage. Upper master has a screened porch facing the view. Enjoy Black Mountain's summer concert series ("Park Rhythms") without leaving your home! Excellent vacation rental potential. New roof/gutters/downspouts, new 200 amp electrical. Tons of flat parking. 2 HVAC Zones. NOTE: Community Features refer to public amenities within walking distance.

Last Agent to Sell the Property

Scott Russell

Howard Hanna Beverly-Hanks Freestone Properties Brokerage Email: scott@greybeardrealty.com License #246481 Listed on: 02/22/2016

Last Buyer's Agent

Barclay Garnett

Dwell Realty Group License #287219

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,315

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned UR-8

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Fireplace
  • Screened Porch
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0619-07-9550-00000
  • Tax Block 193

Community Details

Overview

  • No Home Owners Association
  • Methodist Colony Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,315

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1940
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: n
  • Second Living Quarters: Upper Level Garage
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 109.44
  • Attribution Contact: scott@greybeardrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1609
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 726
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 2335
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Living Area: 2335
  • Bedroom Main: 3
  • Room Count: 10

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s), Water, Year Round
  • Waterfront Features: Lake
  • Exclusions: -
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Deck, Front Porch, Screened

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: In Garage, Main Level
  • Cooling: Heat Pump, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Outdoor Pool, Playground, Tennis Court(s), Walking Trails
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Parcel Number: 0619-07-9550-00000
  • Zoning: UR-8
  • Plat Book Slide: 154
  • Plat Reference Section Pages: 1514
  • Development Status: Completed
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: UR-8

Green Features

  • Green Verification Count: 1

Tax Info

  • Tax Block: 193

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2016
Sold by
Watts Coleman O Neill and De Sa Elizabeth Ann
Bought by
Ann Watts Jr Albert Coleman and Neill Margaret Ann O
Current Estimated Value
$765,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$71,157
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$694,365

Purchase Details

Listed on
Feb 22, 2016
Closed on
Apr 26, 2016
Sold by
Bacchavellian Pursuits
Bought by
Watts Coleman and De Sa Elizabeth
Seller's Agent
Scott Russell
Howard Hanna Beverly-Hanks Freestone Properties
Buyer's Agent
Barclay Garnett
Dwell Realty Group
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$268,000
Interest Rate
3.59%

Purchase Details

Closed on
Jun 15, 2007
Sold by
Bryan Elizabeth
Bought by
Bacchavallian Pursuits Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2004
Sold by
Lindberg Craig A and Lindberg Margie L
Bought by
Rouse Robert and Bryan Rouse Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 2, 1998
Sold by
Swendsen Charles Lee and Szejda Pamela
Bought by
Lindberg Craig A and Lindberg Margie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 2, 1997
Sold by
Ayach Mary H
Bought by
Swendsen and Szejda
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
Ann Watts Jr Albert Coleman $338,500 None Available
Watts Coleman -- --
Bacchavallian Pursuits Llc $385,000 None Available
Rouse Robert $338,000 --
Lindberg Craig A $135,000 --
Swendsen $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ann Watts Jr Albert Coleman $110,000
Previous Owner Watts Coleman $268,000
Previous Owner Watts Coleman --
Previous Owner Bacchavallian Pursuits Llc $308,000
Previous Owner Rouse Robert $129,500
Previous Owner Watts Coleman $97,000
Previous Owner Watts Coleman $50,000
Previous Owner Lindberg Craig A $121,500
Closed Rouse Robert $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2016 04/26/16 Sold $335,000 -2.9% $143 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $345,000 -- $148 / 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
2025 $4,315 $514,600 $88,100 $426,500
2024 $4,315 $514,600 $88,100 $426,500
2023 $4,315 $514,600 $88,100 $426,500
2022 $4,086 $514,600 $88,100 $426,500
2021 $4,086 $514,600 $0 $0
2020 $2,952 $342,700 $0 $0
2019 $2,952 $342,700 $0 $0
2018 $2,952 $342,700 $0 $0
2017 $2,987 $281,100 $0 $0
2016 $2,752 $281,100 $0 $0
2015 -- $281,100 $0 $0
2014 $2,752 $281,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3149780

Canopy MLS (Canopy Realtor® Association)

APN: 0619-07-9550-00000