NOT LISTED FOR SALE

51 Cherry Ridge Weaverville, NC 28787

Estimated Value: $866,000 - $888,000

4 Beds
3.5 Baths
3,317 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $497,500 $150 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,035/month

88 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Skylights
  • North Buncombe Elementary School Rated 9+
  • Arts and Crafts Architecture
  • Walk-In Closet

About This Home

As of October 2017

Must see to appreciate this very well done 4BR 3.5BA Weaverville Arts and Craft home. Enjoy this close to acre home with a thoughtfully designed open floor plan on both floors, with two impressive great rooms, crown molding, high end features throughout, ample outdoor living space less than 15 minutes to Asheville in one of Weaverville's top subdivisions. The 2011 home offers a luxury island kitchen, gorgeous hardwoods, energy efficient windows and doors and very enjoyable wrap around deck.

Last Agent to Sell the Property

Jim Gallagher

Gallagher Realty License #246936 Listed on: 05/18/2017

Last Buyer's Agent

Pat Bryant

Allen Tate/Beverly-Hanks Asheville-North License #221997

Allen Tate/Beverly-Hanks Asheville-North

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • Front Green Space
  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Skylights
  • Gas Log Fireplace
  • Crawl Space
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9744-26-3255-00000
  • Tax Block 0037

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93427
  • Ratio Close Price By Original Li: 0.87434
  • Ratio Current Price By Acre: 518229.17
  • Ratio Current Price By Sq Ft: 149.98
  • Year Built: 2011
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1764
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Screen Door(s), Storm Door(s), Storm Window(s)
  • Equipment: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Propane, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Skylight(s), Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1553
  • Total Sq Ft: 3317

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Weaverville/N. Windy Ridge
  • Middle School: North Buncombe
  • High School: North Buncombe

Lot Info

  • Lot Features: Green Area, Level, Sloping, Trees, Natural Waterfall, Winter View, Wooded
  • Lot Size Area: 0.960
  • Parcel Number: 9744-26-3255-00000
  • Plat Book Slide: 0149
  • Zoning: Residential
  • Zoning Specification: OU

Tax Info

  • Tax Value: 402600.00
  • Tax Amount Ncm: 2914.00
  • Tax Block: 0037
  • Tax Location: Weaverville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Oct 13, 2017
Sold by
Bell Justin Patrick and Bell Abby Depalma
Bought by
Rhoney David and Rhoney Amy
Seller's Agent
Jim Gallagher
Gallagher Realty
Buyer's Agent
Pat Bryant
Allen Tate/Beverly-Hanks Asheville-North
List Price
$569,000
Sold Price
$497,500
Premium/Discount to List
-$71,500
-12.57%
Current Estimated Value
$872,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,668
Avg. Annual Appreciation
7.36%
Original Mortgage
$447,300
Outstanding Balance
$377,458
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$494,710

Purchase Details

Closed on
Jul 29, 2011
Sold by
Stewart Acquisition Company Llc
Bought by
Bell Justin Patrick and Bell Abby Depalma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
4.53%
Mortgage Type
New Conventional
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
Rhoney David $497,500 None Available
Bell Justin Patrick $401,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhoney David $447,300
Previous Owner Bell Justin Patrick $460,000
Previous Owner Bell Justin P $320,800
Previous Owner Bell Justin P $318,800
Previous Owner Bell Justin Patrick $320,800
Previous Owner Stewart Acquisition Company Llc $267,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $497,500 -12.6% $150 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $569,000 -- $172 / 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 $3,243 $502,700 $73,600 $429,100
2023 $3,243 $502,700 $73,600 $429,100
2022 $2,994 $502,700 $73,600 $429,100
2021 $2,994 $502,700 $0 $0
2020 $2,567 $395,600 $0 $0
2019 $2,567 $395,600 $0 $0
2018 $2,567 $395,600 $0 $0
2017 $2,538 $402,600 $0 $0
2016 $2,915 $402,600 $0 $0
2015 $2,915 $402,600 $0 $0
2014 $2,915 $402,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3282419

Canopy MLS (Canopy Realtor® Association)

APN: 9744-26-3255-00000