NOT LISTED FOR SALE

532 Patricia Rd Unit 6 Black Mountain, NC 28711

Estimated Value: $397,000 - $578,000

3 Beds
2.5 Baths
1,627 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $334,000 $205 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,569/month

4 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Arts and Crafts Architecture
  • Wood Burning Stove
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2021

Looking for privacy in an unrestricted and remote mountain community? Situated 40 minutes from downtown Black Mountain & 40 minutes to downtown Asheville. This well-built mountain home is waiting for your finishing touches. From Morgan Hill Road it's a 10-minute drive up a well-maintained gravel road to the top of the ridge. There is a road maintenance agreement between neighbors. Level & sloping sunny areas in the front yard for a garden. Enjoy the canopy views on the back deck. With a little tree trimming, you can enjoy year-round long-distance sunset views. Winter views are spectacular! Skyrunner hi-speed internet is available. HOA in place for road maintenance fee collection only; Minimal Restrictions. NO short-term rental restrictions.

Last Agent to Sell the Property

Devon Kincaid

Town and Mountain Realty License #296384 Listed on: 09/09/2021

Last Buyer's Agent

Corey Maman

Carolina Mountain Sales License #327816

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Wood Burning Stove

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0626-12-5759-00000

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

4.15 Acres

HOA Fees

$29 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 1.02769
  • Ratio Close Price By Original Li: 1.02769
  • Ratio Current Price By Acre: 80481.93
  • Ratio Current Price By Sq Ft: 205.29
  • Year Built: 2012
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Block
  • Upper Level Sq Ft: 684
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dryer, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer
  • Fireplace Description: Living Room, Propane, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Open Floorplan, Pantry
  • Laundry Location: Basement
  • Room Count: 3
  • Main Level Sq Ft: 943
  • Total Sq Ft: 1627
  • Sq Ft Unheated Basement: 503
  • Sq Ft Unheated Total: 503

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Woodstove
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 350.00
  • Association Fee Frequency: Annually

Lot Info

  • Lot Features: Level, Mountain View, Private, Rolling, Sloping, Stream/Creek, Trees, Views, Winter View, Wooded
  • Parcel Number: 0626-12-5759-00000
  • Plat Book Slide: 112/58
  • Plat Reference Section Pages: 112/58
  • Zoning Specification: OU

Tax Info

  • Tax Value: 237200.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 30, 2021
Sold by
Brown Thomas Christopher
Bought by
Coloney Kathleen
Seller's Agent
Devon Kincaid
Town and Mountain Realty
Buyer's Agent
Corey Maman
Carolina Mountain Sales
List Price
$325,000
Sold Price
$334,000
Premium/Discount to List
$9,000
2.77%
Current Estimated Value
$462,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,292
Avg. Annual Appreciation
7.63%
Original Mortgage
$323,980
Outstanding Balance
$295,440
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,852
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
Coloney Kathleen $334,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coloney Kathleen $323,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $334,000 +2.8% $205 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $325,000 -- $200 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,607 $237,200 $37,300 $199,900
2024 $1,607 $237,200 $37,300 $199,900
2023 $1,607 $237,200 $37,300 $199,900
2022 $1,537 $237,200 $0 $0
2021 $1,580 $237,200 $0 $0
2020 $1,365 $191,500 $0 $0
2019 $1,370 $191,500 $0 $0
2018 $1,376 $191,500 $0 $0
2017 $1,362 $200,500 $0 $0
2016 $1,567 $200,500 $0 $0
2015 $1,613 $200,500 $0 $0
2014 $1,492 $200,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3780243

Canopy MLS (Canopy Realtor® Association)

APN: 0626-12-5759-00000

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