NOT LISTED FOR SALE

527 Rhododendron Ave Black Mountain, NC 28711

Estimated Value: $548,000 - $705,000

4 Beds
3 Baths
1,918 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $273,000 $142 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,574/month

123 Days on Market

Highlights

  • Hilly Lot
  • No HOA
  • Covered patio or porch
  • Wooded Lot
  • Cottage
  • Breakfast Bar

About This Home

As of December 2017

Location! Location! This charmer is right in the heart of Black Mountain w/ extra acreage! Lake Tomahawk is around the corner and so are the fabulous shops/restaurants! Enjoy the extra space of the additional lot being sold with it! This well loved home has 2 bedrooms and 2 bathrooms on the main level- this including the master suite! Downstairs is completely finished with and additional 2 bedrooms and 1 bath. Could easily be converted into an apartment! This is the one you've been waiting for!

Last Agent to Sell the Property

Ameliah Davidson

GreyBeard Realty Brokerage Email: ameliah@greybeardrealty.com License #275365 Listed on: 07/26/2017

Last Buyer's Agent

Scott Culpepper

Carolina Mountain Sales License #285259

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1976

Lot Details

  • 0.37 Acre Lot
  • Front Green Space
  • Paved or Partially Paved Lot
  • Hilly Lot
  • Wooded Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Window Screens
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Basement Garage
  • Driveway

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Methodist Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0619-17-2986-00000,0619-18-2083-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1976
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 142.34
  • Attribution Contact: ameliah@greybeardrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Flooring: Laminate, Tile, Vinyl
  • Interior Amenities: Breakfast Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1006
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 94
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 94
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1006
  • Has Basement: Basement, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 912
  • Door Features: Screen Door(s)
  • Living Area: 1918
  • Bedroom Main: 2
  • Room Count: 13
  • Sq Ft Other: 0
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Winter
  • Waterfront Elevation: 2000
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level, Upper Level
  • Cooling: Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Hilly, Paved, Wooded
  • Lot Size Area: 0.37
  • Lot Size Units: Acres
  • Parcel Number: 0619-17-2986-00000,0619-18-2083-00000
  • Zoning: R-1
  • Plat Reference Section Pages: 1976
  • Development Status: Completed
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Musgrove Gary M
Bought by
Gary M Musgrove Trust
Current Estimated Value
$611,085

Purchase Details

Listed on
Jul 26, 2017
Closed on
Dec 19, 2017
Sold by
Barnes Renda G
Bought by
Musgrove Gary M and Gary M Musgrove And Patricia A Musgrove
Seller's Agent
Ameliah Davidson
GreyBeard Realty
Buyer's Agent
Scott Culpepper
Carolina Mountain Sales
List Price
$299,900
Sold Price
$273,000
Premium/Discount to List
-$26,900
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%

Purchase Details

Listed on
Aug 26, 2014
Closed on
Jan 16, 2015
Sold by
Mcmahan Sharon June
Bought by
Barnes Renda G
Seller's Agent
Natalie Clevenger
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Ameliah Davidson
GreyBeard Realty
List Price
$199,000
Sold Price
$186,000
Premium/Discount to List
-$13,000
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$90,000
Interest Rate
3.88%
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
Gary M Musgrove Trust -- None Listed On Document
Musgrove Gary M $273,000 None Available
Barnes Renda G $186,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Renda G $90,000
Previous Owner Mcmahan Sharon $62,000
Previous Owner Mcmahan Sharon R $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $273,000 -9.0% $142 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $299,900 +61.2% $156 / Sq Ft
01/16/2015 01/16/15 Sold $186,000 -6.5% $98 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $199,000 -- $105 / 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
2023 $2,738 $326,500 $85,600 $240,900
2022 $2,592 $326,500 $0 $0
2021 $2,592 $326,500 $0 $0
2020 $2,029 $235,500 $0 $0
2019 $2,029 $235,500 $0 $0
2018 $2,029 $235,500 $0 $0
2017 $1,897 $174,100 $0 $0
2016 $1,704 $174,100 $0 $0
2015 $1,676 $171,200 $0 $0
2014 $1,676 $171,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3303424

Canopy MLS (Canopy Realtor® Association)

APN: 0619-17-2986-00000