NOT LISTED FOR SALE

518 Mountain Brook Trail Brevard, NC 28712

Estimated Value: $1,040,000 - $1,585,000

4 Beds
3.5 Baths
2,762 Sq Ft
$486/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $1,400,000 $507 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,945/month

18 Days on Market

Highlights

  • Under Construction
  • Wood Flooring
  • Skylights
  • Wooded Lot
  • Covered Patio or Porch
  • Fireplace

About This Home

As of March 2024

Beautiful new construction home just minutes from downtown Brevard. Enjoy the benefits of a custom built home without the time and energy of building one! No expense was spared on this "spec" build. Site harvested timber framed porches allow you to connect with the natural beauty that Western North Carolina is known for.

Last Agent to Sell the Property

Jon Sarver

Sarver Realty Group, LLC Brokerage Email: jon@sarver-realty.com License #C16128 Listed on: 01/12/2024

Co-Listed By

Christopher Herndon

Sarver Realty Group, LLC Brokerage Email: jon@sarver-realty.com License #293373

Last Buyer's Agent

Christopher Herndon

Sarver Realty Group, LLC Brokerage Email: jon@sarver-realty.com License #293373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,656

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • Open Lot
  • Wooded Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Bar Fridge
  • Skylights
  • Fireplace
  • Insulated Windows
  • Wood Flooring
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

  • Brevard Elementary And Middle School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Ipm Association, Phone Number (828) 650-6875
  • Built by Progressive Ventures INC
  • Mountain Brook Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 8574-96-2578-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,656

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2024-01-05
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 506.88
  • Geocode Confidence: High
  • Attribution Contact: jon@sarver-realty.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1675
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1087
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Gas Oven, Gas Range
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2762
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s), Sliding Doors
  • Fireplace Features: Gas Log
  • Living Area: 2762
  • Window Features: Insulated Window(s), Skylight(s)
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: Yes
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 690
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Mud Room, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 857
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM
  • Phone: 828-650-6875
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 857.00

Schools

  • Middle Or Junior School: Brevard
  • HOA Subject To: Required

Lot Info

  • Lot Features: Creek Front, Open Lot, Wooded
  • Lot Size Area: 1.08
  • Lot Size Units: Acres
  • Parcel Number: 8574-96-2578-000
  • Plat Reference Section Pages: F11/968
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: unknown

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Progressive Ventures INC

MLS Schools

  • Elementary School: Brevard
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Mar 4, 2024
Sold by
Progressive Ventures Inc
Bought by
Stevens Anoma and Stevens Stephen J
Seller's Agent
Jon Sarver
Sarver Realty Group, LLC
Buyer's Agent
Christopher Herndon
Sarver Realty Group, LLC
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
53
Current Estimated Value
$1,343,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,693
Avg. Annual Appreciation
-5.87%

Purchase Details

Closed on
Jan 17, 2023
Sold by
Kachurchak Travis Lynn and Kachurchak Sarah Lynn
Bought by
Progressive Ventures Inc

Purchase Details

Closed on
Oct 20, 2020
Sold by
Haskett Roger D and Haskett Diane L
Bought by
Kachurchak Travis and Kachurchak Sarah Lynn

Purchase Details

Closed on
Jan 9, 2007
Sold by
Mountain Brook Partners Llc
Bought by
Murphy William A and Murphy Reid B
Source: Public Records

Range of Values:

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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
Stevens Anoma $1,400,000 None Listed On Document
Progressive Ventures Inc $80,000 --
Kachurchak Travis $53,000 None Available
Murphy William A $150,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $1,400,000 -6.7% $507 / Sq Ft
01/23/2024 01/23/24 For Sale $1,500,000 +7.1% $543 / Sq Ft
01/09/2024 01/09/24 Off Market $1,400,000 -- --
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 $6,656 $1,385,230 $100,000 $1,285,230
2024 $2,867 $456,460 $50,000 $406,460
2023 $329 $50,000 $50,000 $0
2022 $247 $50,000 $50,000 $0
2021 $327 $50,000 $50,000 $0
2020 $278 $40,000 $0 $0
2019 $276 $74,000 $0 $0
2018 $419 $74,000 $0 $0
2017 $419 $74,000 $0 $0
2016 $407 $74,000 $0 $0
2015 $633 $150,000 $150,000 $0
2014 $633 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4095696

Canopy MLS (Canopy Realtor® Association)

APN: 8574-96-2578-000