NOT LISTED FOR SALE

55 Olmsted Ln Flat Rock, NC 28731

Estimated Value: $492,006 - $649,000

3 Beds
2 Baths
1,782 Sq Ft
$313/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $300,000 $168 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,184/month

130 Days on Market

Highlights

  • Open Floorplan
  • Lawn
  • Fireplace
  • Ranch Style House
  • Recreation Facilities
  • Attached Garage

About This Home

As of June 2017

Enchanting cottage, freshly painted inside and located in an award winning community in historic Flat Rock, NC. This 3 BR, 2 bath home has an open floor plan with doors, transoms and windows for a light filled home. Easy care high--quality laminate wood flooring, new Berber carpeting. The third Bedroom is currently being used as a study. Spacious Master suite with walk-in closet and Bath with a shower. New transom windows. Fenced backyard--perfect for those owners who enjoy the outdoors.

Last Agent to Sell the Property

Betty Oates

Wilkinson ERA Real Estate License #27922 Listed on: 12/12/2016

Wilkinson ERA Real Estate

Last Buyer's Agent

Bonnie Cathey

Howard Hanna Beverly-Hanks Asheville-Downtown License #272001

Howard Hanna Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Level Lot
  • Lawn

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9577656642
  • Tax Block Blk. 11

Community Details

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92621
  • Ratio Close Price By Original Li: 0.92621
  • Ratio Current Price By Acre: 2000000.00
  • Ratio Current Price By Sq Ft: 168.35
  • Special Assessment Yn: Yes
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1782
  • Total Sq Ft: 1782

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Lawn Maintenance

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Association Fee: 804.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Hillandale
  • Middle School: Flat Rock
  • High School: East Henderson

Lot Info

  • Lot Dimension: .15
  • Lot Features: Level, Paved Frontage
  • Lot Size Area: 0.150
  • Parcel Number: 9577656642
  • Zoning: Residential
  • Zoning Specification: R-40

Tax Info

  • Tax Value: 259400.00
  • Tax Amount Ncm: 1751.00
  • Tax Block: Blk. 11
  • Tax Location: FLATROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2016
Closed on
May 31, 2017
Bought by
Arcaro Paul W and Arcaro Dena
Seller's Agent
Betty Oates
Wilkinson ERA Real Estate
Buyer's Agent
Bonnie Cathey
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$323,900
Sold Price
$300,000
Premium/Discount to List
-$23,900
-7.38%
Current Estimated Value
$558,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,502
Avg. Annual Appreciation
7.73%
Original Mortgage
$253,125
Outstanding Balance
$210,720
Interest Rate
4.05%
Mortgage Type
VA
Estimated Equity
$347,782
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
Arcaro Paul W $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcaro Paul W $253,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2017 06/05/17 Sold $300,000 -7.4% $168 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
12/12/2016 12/12/16 For Sale $323,900 -- $182 / 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 $1,870 $433,800 $60,000 $373,800
2024 $1,870 $433,800 $60,000 $373,800
2023 $1,870 $433,800 $60,000 $373,800
2022 $1,801 $321,000 $60,000 $261,000
2021 $1,801 $321,000 $60,000 $261,000
2020 $1,801 $321,000 $0 $0
2019 $1,801 $321,000 $0 $0
2018 $1,466 $259,400 $0 $0
2017 $1,466 $259,400 $0 $0
2016 $1,466 $259,400 $0 $0
2015 -- $259,400 $0 $0
2014 -- $270,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3236637

Canopy MLS (Canopy Realtor® Association)

APN: 9971125