NOT LISTED FOR SALE

518 Burge Mountain Rd Hendersonville, NC 28792

Estimated Value: $204,000 - $355,000

2 Beds
1.5 Baths
950 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $180,000 $189 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,517/month

47 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Attached Garage
  • Wooded Lot
  • End Unit
  • Laundry Room

About This Home

As of April 2022

PRICED TO SELL!!! This 2 bed/ 1.5 bath, two story town house in the Hidden Hills Neighborhood, sits on .40 acres is an excellent buy. Perfect for any number of living situations, whether you are looking for that first home, down sizing or an investment property this home hits all the buttons. Home had structural issue repair in 2016 and comes with a Life time warranty. Home is currently used as a rental which will convey with purchase. Lease will end May 31.
Contact listing agent for more information and showing instructions. CATS LIVE HERE DO NOT LET THEM OUT OF THE HOUSE OR LEAVE A DOOR OPEN AT ANYTIME! A MASK MUST BE WORN AT ALL TIMES!

Last Agent to Sell the Property

Katherine Lawing

Lantern Realty & Development License #278966 Listed on: 12/11/2021

Last Buyer's Agent

Cara Fiano

Mackey Realty LLC License #327770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1981

Lot Details

  • Front Green Space
  • End Unit
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Crawl Space

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Access to stream, creek or river
  • Deck

Schools

  • Clear Creek Elementary School
  • Apple Valley Middle School
  • North Henderson High School

Utilities

  • Heat Pump System
  • Community Well
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number 9661655774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$987

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 1981
  • Ratio Current Price By Acre: 450000.00
  • Restrictions: Manufactured Home Not Allowed,Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Block, Crawl Space
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 475
  • 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: 475
  • Porch: Deck
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 950
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: Henderson
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 335
  • Parking Features: Attached Garage, Driveway, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Shared Septic
  • Water Heater: Electric
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Community Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Complex Name: none

Schools

  • Middle Or Junior School: Apple Valley
  • HOA Subject To: None

Lot Info

  • Lot Features: End Unit, Green Area, Level, Paved, Sloped, Creek/Stream, Wooded
  • Lot Size Area: 0.4
  • Lot Size Units: Acres
  • Parcel Number: 9661655774
  • Plat Reference Section Pages: 174
  • Land Included Yn: 1
  • Zoning Description: R2

Rental Info

  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 1.50732

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Clear Creek
  • High School: North Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Mar 29, 2022
Sold by
White and Taylor
Bought by
Little Matthew
Seller's Agent
Katherine Lawing
Lantern Realty & Development
Buyer's Agent
Cara Fiano
Mackey Realty LLC
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$269,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,423
Avg. Annual Appreciation
11.04%
Original Mortgage
$172,975
Outstanding Balance
$163,035
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$95,287

Purchase Details

Listed on
Jan 26, 2018
Closed on
Jun 15, 2018
Sold by
Phillips James A
Bought by
White Kendrick
Seller's Agent
David Lee
Keller Williams Mtn Partners, LLC
Buyer's Agent
Katherine Lawing
Lantern Realty & Development
List Price
$124,000
Sold Price
$116,268
Premium/Discount to List
-$7,732
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Original Mortgage
$110,454
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Sold by
Phillips James A
Bought by
Phillips James A

Purchase Details

Closed on
Apr 26, 2006
Sold by
Garren Robert M
Bought by
Phillips James A and Phillips Mollie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.75%
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
Little Matthew $180,000 Worley & Peltz Pllc
White Kendrick $117,000 --
Phillips James A -- --
Phillips James A $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Matthew $172,975
Previous Owner White Kendrick $110,454
Previous Owner Phillips James A $96,500
Previous Owner Phillips James A $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $180,000 +2.9% $189 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/25/2022 01/25/22 Price Changed $175,000 -2.8% $184 / Sq Ft
01/03/2022 01/03/22 Price Changed $180,000 -2.7% $189 / Sq Ft
12/11/2021 12/11/21 For Sale $185,000 +59.1% $195 / Sq Ft
06/18/2018 06/18/18 Sold $116,268 -6.2% $122 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $124,000 -- $131 / 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 $987 $180,700 $51,200 $129,500
2024 $987 $180,700 $51,200 $129,500
2023 $987 $180,700 $51,200 $129,500
2022 $791 $116,100 $24,000 $92,100
2021 $791 $116,100 $24,000 $92,100
2020 $791 $116,100 $0 $0
2019 $791 $116,100 $0 $0
2018 $643 $93,900 $0 $0
2017 $643 $93,900 $0 $0
2016 $643 $93,900 $0 $0
2015 -- $93,900 $0 $0
2014 -- $87,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3811434

Canopy MLS (Canopy Realtor® Association)

APN: 0702264