NOT LISTED FOR SALE

508 Kingcrest Dr Flat Rock, NC 28731

Estimated Value: $872,000 - $1,012,568

4 Beds
5 Baths
4,196 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $760,000 $181 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,528/month

52 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wooded Lot
  • Fireplace in Kitchen
  • Private Lot
  • Traditional Architecture

About This Home

As of February 2023

Elegance and serenity best describes this stately home on a beautiful private wooded lot just a short distance to historic Flat Rock. Special details throughout the home include a barrel vaulted dormer in the foyer, crown molding & trim, accent lighting & a remote gas fireplace in the great room & kitchen. The large kitchen includes new stainless steel appliances & granite countertops creating the perfect atmosphere for meals or special gatherings. There is a large master bedroom & ensuite on the main level. Two extra large decks on the main & lower level with gorgeous southern views. The builder is a well respected contractor in town and built this house for his own family and the quality shows! The lower level boasts 3 large bedrooms & 2 full baths plus a great room with a second kitchen, dining & living area. These spaces all have high ceilings & multiple windows. Unfinished spaces are present for storage & a workshop. Generator installed in 2019. See 3D tour! Showings start Nov 11.

Last Agent to Sell the Property

Theresa Hutchins

BluAxis Realty Brokerage Email: theresa@bluaxis.com License #258192 Listed on: 11/07/2022

Last Buyer's Agent

Hope Swicegood Byrd

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #199402

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 1995

Lot Details

  • 1.22 Acre Lot
  • Private Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Property is zoned R-40

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Sound System
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • See Through Fireplace
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Tile Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • Hillandale Elementary School
  • Flat Rock Middle School
  • East Henderson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Power Generator
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Reid Ziegler Association, Phone Number (571) 405-4530
  • Kingwood Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9931333
  • Tax Block 275 & 297

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,729

Year Built

Built in 1995

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1995
  • Restrictions: Deed,Subdivision
  • Restrictions Description: Short Term Rental not allowed; 6 months or more only
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 181.12
  • Attribution Contact: theresa@bluaxis.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Cable Prewire, Cathedral Ceiling(s), Kitchen Island, Pantry, Split Bedroom, Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2339
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 415
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 415
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Double Oven, Down Draft, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Plumbed For Ice Maker, Refrigerator, Trash Compactor, Washer
  • Other Equipment: Generator, Surround Sound
  • Above Grade Finished Sq Ft: 2339
  • Accessibility Features: Entry Slope less than 1 foot
  • Has Basement: Basement, Basement Shop, Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1857
  • Fireplace Features: Gas Log, Gas Unvented, Kitchen, Living Room, See Through
  • Living Area: 4196
  • Window Features: Skylight(s), Window Treatments
  • Bedroom Main: 1
  • Room Count: 17
  • Sq Ft Other: 0
  • Bedroom Basement: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s), Winter
  • Waterfront Elevation: 2500
  • Construction Type: Brick Partial, Wood
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 784
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Garage, Garage Door Opener, Parking Space(s)

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Reid Ziegler
  • Phone: 571-405-4530
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 700.00

Schools

  • Middle Or Junior School: Flat Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Paved, Private, Wooded, Views
  • Lot Size Area: 1.22
  • Lot Size Units: Acres
  • Parcel Number: 9931333
  • Plat Book Slide: A
  • Development Status: Completed
  • Lot Size Acres: 1.22
  • Lot Size: irregular
  • Lot Size Sq Ft: 53143
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-40

Rental Info

  • Hold Date: 2022-11-01

Tax Info

  • Tax Block: 275 & 297

MLS Schools

  • Elementary School: Hillandale
  • High School: East Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Jan 26, 2023
Sold by
Bull Theresa A
Bought by
Inter Vivos Declaration Of Trust
Seller's Agent
Theresa Hutchins
BluAxis Realty
Buyer's Agent
Hope Swicegood Byrd
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$800,000
Sold Price
$760,000
Premium/Discount to List
-$40,000
-5%
Views
24
Current Estimated Value
$946,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,892
Avg. Annual Appreciation
10.30%
Original Mortgage
$608,000
Outstanding Balance
$587,636
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$389,149
Source: Public Records

Range of Values:

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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
Inter Vivos Declaration Of Trust $760,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inter Vivos Declaration Of Trust $608,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $760,000 -5.0% $181 / Sq Ft
11/07/2022 11/07/22 For Sale $800,000 -- $191 / 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 $3,729 $865,300 $105,000 $760,300
2024 $3,729 $865,300 $105,000 $760,300
2023 $2,910 $675,200 $105,000 $570,200
2022 $2,464 $439,200 $67,500 $371,700
2021 $2,388 $439,200 $67,500 $371,700
2020 $2,464 $439,200 $0 $0
2019 $2,487 $443,300 $0 $0
2018 $2,388 $422,700 $0 $0
2017 $2,388 $422,700 $0 $0
2016 $2,388 $422,700 $0 $0
2015 -- $422,700 $0 $0
2014 -- $403,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3919738

Canopy MLS (Canopy Realtor® Association)

APN: 9931333