NOT LISTED FOR SALE

505 Sycamore Branch Rd Asheville, NC 28803

Estimated Value: $378,000 - $427,000

3 Beds
2 Baths
1,586 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $414,083 $261 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,300/month

Highlights

  • New Construction
  • Arts and Crafts Architecture
  • Laundry Room
  • Mountain View
  • Covered Patio or Porch
  • Front Green Space

About This Home

As of November 2022

For comp purposes only

Last Agent to Sell the Property

Jeff Stewart

Unique: A Real Estate Collective License #264194 Listed on: 04/20/2022

Co-Listed By

Dave Cash

Unique: A Real Estate Collective License #236508

Last Buyer's Agent

Jeremy Laster

Unique: A Real Estate Collective License #296543

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,613 Sq Ft Lot
  • Front Green Space
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Property Attached

Interior Spaces

  • 1-Story Property
  • Mountain Views
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Schools

  • Oakley Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Covered Patio or Porch

Community Details

  • Sycamore Cove Subdivision
  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 966735146100000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,022

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Arts and Crafts
  • Year Built: 2022
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 261.09
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 793
  • 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
  • Appliances: Electric Water Heater
  • Above Grade Finished Sq Ft: 793
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 793
  • Entry Location: Main
  • Living Area: 1586
  • Bedroom Main: 1
  • Room Count: 11
  • Sq Ft Other: 0
  • Bedroom Basement: 2

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • View: Mountain(s)
  • Construction Type: Cedar Shake, Fiber Cement
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 240
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: Mandatory
  • Complex Name: None
  • Senior Community: No
  • Association: Yes

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: Required

Lot Info

  • Lot Features: Green Area, Level
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Parcel Number: 966735146100000
  • Plat Book Slide: 221/164
  • Plat Reference Section Pages: 221-164
  • Land Included Yn: 1
  • Development Status: Completed
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Oakley
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Nov 29, 2022
Sold by
Lcv Venture Llc
Bought by
Et-16 Lp
Seller's Agent
Jeff Stewart
Unique: A Real Estate Collective
Buyer's Agent
Jeremy Laster
Unique: A Real Estate Collective
List Price
$414,083
Sold Price
$414,083
Current Estimated Value
$406,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,680
Avg. Annual Appreciation
-0.64%
Original Mortgage
$2,705,730
Outstanding Balance
$2,624,538
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$2,218,135
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
Et-16 Lp $1,716,500 Servicelink
Et 16 Lp $1,716,500 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Et 16 Lp $2,705,730
Closed Et 16 Lp $2,705,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $414,083 0.0% $261 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $414,083 -- $261 / 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 $2,022 $321,000 $30,000 $291,000
2024 $2,022 $321,000 $30,000 $291,000
2023 $2,022 $321,000 $30,000 $291,000
2022 $180 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3926552

Canopy MLS (Canopy Realtor® Association)

APN: 9667-35-1461-00000