NOT LISTED FOR SALE

503 Montreat Rd Black Mountain, NC 28711

Estimated Value: $369,000 - $497,000

3 Beds
2 Baths
1,218 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $183,000 $150 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,382/month

3 Days on Market

Highlights

  • Shed
  • 1-Story Property
  • Level Lot
  • Tile Flooring

About This Home

As of May 2018

Location, location, location! Bring your tools and remodel this historic home just blocks from downtown Black Mountain. Easy sidewalk lined access to thriving downtown area filled with restaurants and shops. This is your chance at a fixer-upper close to everything. Home sits far off the road providing a large front yard. Front half of home much older than back half. Seller to make no repairs - home being sold as-is. HIGHEST and BEST by April 11 at 3pm.

Last Agent to Sell the Property

Megan Shook

Mosaic Community Lifestyle Realty License #255216 Listed on: 04/09/2018

Last Buyer's Agent

Samantha Profetta

Keller Williams Professionals License #279630

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 7,841

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Tile

Additional Features

  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 0619-38-1560-00000

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.07647
  • Ratio Close Price By Original Li: 1.07647
  • Ratio Current Price By Acre: 1016666.67
  • Ratio Current Price By Sq Ft: 150.25
  • Year Built: 1890
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Refrigerator, Exhaust Hood, Washer, Electric Oven
  • Flooring: Carpet, Laminate Wood, Tile
  • Laundry Location: Main, Closet, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1218
  • Total Sq Ft: 1218

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Level
  • Parcel Number: 0619-38-1560-00000
  • Plat Book Slide: 0154/0106
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 161600.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 1, 2018
Sold by
Randall Deanna and Randall Donald M
Bought by
Brake Jason Robert and Brake Diana Rae
Seller's Agent
Megan Shook
Mosaic Community Lifestyle Realty
Buyer's Agent
Samantha Profetta
Keller Williams Professionals
List Price
$170,000
Sold Price
$183,000
Premium/Discount to List
$13,000
7.65%
Current Estimated Value
$426,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,469
Avg. Annual Appreciation
12.01%
Original Mortgage
$93,000
Outstanding Balance
$80,150
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$346,319

Purchase Details

Closed on
Apr 4, 2008
Sold by
Liotta Philip and Liotta Margaret
Bought by
Randall Deanna and Randall Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.97%
Mortgage Type
Unknown
Source: Public Records

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
Brake Jason Robert $183,000 None Available
Randall Deanna $145,000 Browning Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brake Jason Robert $93,000
Previous Owner Randall Deanna $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Sold $183,000 +7.6% $150 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $170,000 -- $140 / 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 $1,799 $214,500 $55,700 $158,800
2024 $1,799 $214,500 $55,700 $158,800
2023 $1,799 $214,500 $55,700 $158,800
2022 $1,703 $214,500 $55,700 $158,800
2021 $1,703 $214,500 $0 $0
2020 $1,392 $161,600 $0 $0
2019 $1,392 $161,600 $0 $0
2018 $1,392 $161,600 $0 $0
2017 $464 $144,200 $0 $0
2016 $1,412 $144,200 $0 $0
2015 $586 $144,200 $0 $0
2014 $586 $144,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3378151

Canopy MLS (Canopy Realtor® Association)

APN: 0619-38-1560-00000