NOT LISTED FOR SALE

503 Pearl View Dr Black Mountain, NC 28711

Estimated Value: $342,000 - $393,000

2 Beds
1 Bath
900 Sq Ft
$412/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $305,000 $339 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,202/month

58 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • Ceiling Fan
  • Laundry Room

About This Home

As of November 2022

This wonderful newly renovated 2 bedroom 1 bath cottage is less than one mile from all downtown Black Mountain has to offer. It is less than a mile to restaurants, shops, schools and the Flat Creek Greenway, and you can enjoy the views of the mountains from your own home. Enjoy the three season deck and covered front porch. Could be a great starter home, vacation home, or investment property- homes are hard to find this close to Downtown Black Mountain!

Last Agent to Sell the Property

Emily Welsh

Keller Williams - Black Mtn. License #273767 Listed on: 09/12/2022

Keller Williams - Black Mtn.

Last Buyer's Agent

Jeb Buswell

Keller Williams - Black Mtn. License #331005

Keller Williams - Black Mtn.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,216

Year Built

  • Built in 1950

Lot Details

  • 5,227

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Additional Features

  • Deck
  • Zoning described as R-10

Community Details

  • C P Kerlees Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0619-77-1919-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,216

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Ratio Current Price By Acre: 2541666.67
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 338.89
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Cable Available
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 900
  • 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: 0
  • Porch: Covered,Deck,Front,Side
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 900
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Black Mountain
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 3

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Long Range View, Mountain View, Views, Year Round View
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Parcel Number: 0619-77-1919-00000
  • Plat Book Slide: 185/188
  • Plat Reference Section Pages: 5289-866
  • Zoning Description: R-10
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.40814

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Nov 5, 2022
Sold by
Munger Justin P and Munger Eva R
Bought by
Munger Justin P and West Nathan David
Seller's Agent
Emily Welsh
Keller Williams - Black Mtn.
Buyer's Agent
Jeb Buswell
Keller Williams - Black Mtn.
List Price
$319,000
Sold Price
$305,000
Premium/Discount to List
-$14,000
-4.39%
Views
30
Current Estimated Value
$370,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,844
Avg. Annual Appreciation
7.23%
Original Mortgage
$244,000
Outstanding Balance
$236,851
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$133,993

Purchase Details

Closed on
Aug 21, 2020
Sold by
Hill Ventures Llc
Bought by
Munger Justin P and Munger Eva R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
3%
Mortgage Type
VA
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
Munger Justin P $305,000 --
Munger Justin P $305,000 --
Munger Justin P $229,000 None Available
Munger Justin P $229,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munger Justin P $244,000
Previous Owner Munger Justin P $229,000
Previous Owner Hill Ventures Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $305,000 -3.2% $339 / Sq Ft
09/17/2022 09/17/22 Price Changed $315,000 -1.3% $350 / Sq Ft
09/12/2022 09/12/22 For Sale $319,000 -- $354 / 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 $2,216 $262,600 $33,100 $229,500
2023 $2,216 $262,600 $33,100 $229,500
2022 $1,776 $223,700 $0 $0
2021 $1,776 $223,700 $0 $0
2020 $1,320 $153,200 $0 $0
2019 $1,320 $153,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Emily Welsh

    Keller Williams - Black Mtn.

    (828) 215-6970

    9 in this area

    26 Total Sales

    Emily Welsh
    Section Image

  • J

    Buyer's Agent in 2022

    Jeb Buswell

    Keller Williams - Black Mtn.

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3901280

Canopy MLS (Canopy Realtor® Association)

APN: 0619-77-1919-00000

North Carolina Buncombe County Black Mountain 28711

503 Pearl View Dr, Black Mountain, NC

This home is located at 503 Pearl View Dr, Black Mountain, NC 28711 since 12 September 2022 and is currently estimated at $370,844, approximately $412 per square foot. This property was built in 1950. 503 Pearl View Dr is a home located in Buncombe County with nearby schools including Black Mountain Elementary School, Black Mountain Primary, and Charles D. Owen Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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