Seller's Agent in 2021
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
(828) 713-2060
2 in this area
150 Total Sales
531 Greybeard Trail Montreat, NC 28757
Estimated Value: $1,267,000 - $1,685,000
4
Beds
4
Baths
3,798
Sq Ft
$381/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- Walk-In Closet
- Arts and Crafts Architecture
- Skylights
- Breakfast Bar
About This Home
As of September 2021Welcome to "Higher Ground," a rare Montreat offering of newer construction on a flat lot just a short walk from the Montreat Conference Center and trail system (Greybeard Trailhead)! This beautiful craftsman home offers so many features rarely found in Montreat - open floorplan with vaulted ceilings, lots of natural light, indoor and outdoor fireplaces, large kitchen, 2 main level bedrooms (including master suite), and incredible lower level with 2nd kitchen and living room, and an elevator. There are 2 driveways - one at the lower level and one at the main level (plus a 2-car garage) to accommodate plenty of guests and family. This home is set up perfectly to be the home where your family makes memories for years (or generations!). Sit on the back deck with outdoor fireplace and enjoy the sounds of Flat Creek just about 100 feet away! Radiant heat floors in lower level. Generous storage/mechanical room (approx. 308 square feet). Seller is interested in a leaseback through October.
Last Agent to Sell the Property
Allen Tate/Beverly-Hanks Freestone Properties License #246481 Listed on: 07/20/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 2007
Lot Details
- 7,841
Parking
- 2
Home Design
- Arts and Crafts Architecture
- Stone Siding
Interior Spaces
- Elevator
- Open Floorplan
- Skylights
- Gas Log Fireplace
- Pull Down Stairs to Attic
- Breakfast Bar
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- 4 Full Bathrooms
Additional Features
- Level Lot
- Heating System Uses Propane
Listing and Financial Details
- Assessor Parcel Number 0720-09-4463-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2021
Closed on
Aug 10, 2021
Sold by
Edington J Howard J and Edington Patricia W
Bought by
Frye John Stuart and Frye Annie Noelle
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Chip Craig
GreyBeard Realty
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,262
Avg. Annual Appreciation
7.19%
Original Mortgage
$660,000
Outstanding Balance
$599,654
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$847,608
Purchase Details
Closed on
May 26, 2005
Sold by
Cumbie Thomas M and Cumbie Nesta
Bought by
Bell William A and Bell Vallerie Hobby
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frye John Stuart | $1,100,000 | None Available | |
| Bell William A | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frye John Stuart | $660,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $1,100,000 | 0.0% | $290 / Sq Ft |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | For Sale | $1,100,000 | +44.7% | $290 / Sq Ft |
| 08/07/2015 08/07/15 | Sold | $760,000 | -4.9% | $202 / Sq Ft |
| 08/06/2015 08/06/15 | Pending | -- | -- | -- |
| 03/13/2015 03/13/15 | For Sale | $799,000 | -- | $212 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $10,585 | $1,003,800 | $93,400 | $910,400 |
| 2023 | $10,585 | $1,003,800 | $93,400 | $910,400 |
| 2022 | $10,288 | $1,003,800 | $0 | $0 |
| 2021 | $9,703 | $946,700 | $0 | $0 |
| 2020 | $8,484 | $786,300 | $0 | $0 |
| 2019 | $8,327 | $786,300 | $0 | $0 |
| 2018 | $8,327 | $786,300 | $0 | $0 |
| 2017 | $8,240 | $737,800 | $0 | $0 |
| 2016 | $8,212 | $737,800 | $0 | $0 |
| 2015 | $8,212 | $737,800 | $0 | $0 |
| 2014 | $7,607 | $683,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Russell
-
Chip Craig
Buyer's Agent in 2021
Chip Craig
GreyBeard Realty
(828) 273-8757
15 in this area
74 Total Sales
-
Adam Johnson
Buyer's Agent in 2015
Adam Johnson
GreyBeard Realty
(828) 712-9712
2 in this area
72 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3761246
APN: 0720-09-4463-00000
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