NOT LISTED FOR SALE

524 Fairview Forest Dr Fairview, NC 28730

Estimated Value: $1,182,183 - $1,670,000

3 Beds
3.5 Baths
4,625 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $875,000 $189 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,243/month

314 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Arts and Crafts Architecture
  • Fairview Elementary School Rated A-
  • Private Lot
  • Wood Flooring

About This Home

As of August 2018

Magnificent year round mountain views coupled with a quintessential custom built craftsman style home is mountain living at its finest. Summers where the average temperature is 77 degrees and the humidity low. Some of the most crisp, colorful, lengthy falls to ever grace a calendar cover. Cool spring temps gathered around the outdoor fireplace, and winters where you are guaranteed just enough snow to boost the spirit yet not hinder your lifestyle. You won’t get this in town, but it is the reality of outdoor living at 4000 feet in elevation. From the carefully placed house seat, 2x6 construction, handcrafted timber frame porch, master stonework, and custom cabinetry. This home is nestled in the trees and vastly forested mountain laurel of Fairview Forest Subdivision. A most private subdivision with 2 acre minimum sized lots, 700 acres of mountain land and its own hiking trails. Roads are maintained beautifully and it is a 15 to 20 minute drive to downtown Asheville.

Last Agent to Sell the Property

Laura Branyan

Howard Hanna Beverly-Hanks License #203364 Listed on: 08/29/2017

Howard Hanna Beverly-Hanks

Last Buyer's Agent

John Haynes

Retreat Realty, Ltd. License #167245

Retreat Realty, Ltd.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 2.58

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • Private Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 9687-99-9737

Community Details

Overview

  • Fairview Forest HOA, Phone Number (615) 519-6372

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.97765
  • Ratio Close Price By Original Li: 0.92593
  • Ratio Current Price By Acre: 339147.29
  • Ratio Current Price By Sq Ft: 189.19
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1007
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Convection Oven, Cooktop Electric, Dishwasher, Downdraft Cooktop, Ice Maker Connection, Microwave, Wall Oven
  • Fireplace Description: Gas Logs, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 615-519-6372
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1509
  • Main Level Sq Ft: 2109
  • Total Sq Ft: 4625

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House
  • Association Fee: 698.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Fairview Forest HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Private, Year Round View
  • Parcel Number: 9687-99-9737
  • Plat Book Slide: 0042/0112
  • Zoning Specification: R-L

Tax Info

  • Tax Value: 596600.00
  • Tax Amount Ncm: 3842.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Aug 17, 2018
Sold by
Branyan Matthew D and Branyan Laura A
Bought by
Terrapin Mtn Llc
Seller's Agent
Laura Branyan
Howard Hanna Beverly-Hanks
Buyer's Agent
John Haynes
Retreat Realty, Ltd.
List Price
$945,000
Sold Price
$875,000
Premium/Discount to List
-$70,000
-7.41%
Current Estimated Value
$1,325,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,064
Avg. Annual Appreciation
7.01%
Original Mortgage
$700,000
Outstanding Balance
$604,544
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$841,252

Purchase Details

Closed on
Apr 13, 2004
Sold by
Wilmarth Steven and Wilmarth Victoria
Bought by
Wilmarth Steven T and Wilmarth Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2004
Sold by
Kopack William and Kopack Geraldine A
Bought by
Wilmarth Steven and Wilmarth Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 2003
Sold by
Christmont Christian Assembly Inc
Bought by
Branyan Matthew D and Branyan Laura A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Terrapin Mtn Llc $875,000 None Available
Wilmarth Steven T -- --
Wilmarth Steven $50,000 --
Branyan Matthew D $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrapin Mtn Llc $700,000
Previous Owner Wilmarth Steven $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $875,000 -2.2% $189 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $895,000 -5.3% $194 / Sq Ft
08/29/2017 08/29/17 For Sale $945,000 -- $204 / 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 -- $833,700 $55,700 $778,000
2024 -- $833,700 $55,700 $778,000
2023 $5,361 $833,700 $55,700 $778,000
2022 $5,277 $833,700 $0 $0
2021 $5,277 $833,700 $0 $0
2020 $5,346 $793,200 $0 $0
2019 $5,346 $793,200 $0 $0
2018 $3,842 $596,600 $0 $0
2017 $3,842 $476,200 $0 $0
2016 $3,376 $476,200 $0 $0
2015 $3,376 $476,200 $0 $0
2014 $3,376 $476,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3315735

Canopy MLS (Canopy Realtor® Association)

APN: 9687-99-9737-00000