NOT LISTED FOR SALE

550 Patricia Rd Black Mountain, NC 28711

Estimated Value: $228,000 - $372,000

2 Beds
1 Bath
1,280 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $117,500 $92 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,608/month

287 Days on Market

Highlights

  • Open Floorplan
  • Wood Burning Stove
  • Cottage
  • Fruit Trees
  • Wood Flooring
  • Fenced

About This Home

As of April 2015

Investors alert!Less that $100 per square feet. Priced well below recent appraisal. Would make a great rental or your home sweet home at a bargain.Priceless views, nature all around, room for gardening, fruit trees.Hardwood floors in the main living area,woodstove.1 bedroom downstairs,loft/bedroom/ studio upstairs.Unfinished basement could offer another bedroom and bath,or workshop.Screened porch,large deck.Last 2 miles gravel road.Make an offer

Last Agent to Sell the Property

Amy Wilson

Homespun Investment Realty Inc License #272387 Listed on: 07/11/2014

Last Buyer's Agent

Brian Marshall

Marshall Real Estate Inc. License #189238

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1979

Lot Details

  • Fenced
  • Fruit Trees
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Wood Flooring

Listing and Financial Details

  • Assessor Parcel Number 0626-23-5006-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$898

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.95606
  • Ratio Close Price By Original Li: 0.79986
  • Ratio Current Price By Acre: 22003.75
  • Ratio Current Price By Sq Ft: 91.80
  • Year Built: 1979
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 380
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Electric Range, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Open Floorplan
  • Room Count: 4
  • Main Level Sq Ft: 900
  • Total Sq Ft: 1280
  • Sq Ft Unheated Basement: 448

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: No A/C, Woodstove
  • Sewer: Septic Tank
  • Water: Shared Well

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Fruit Trees, Trees, Year Round View
  • Lot Size Area: 5.340
  • Parcel Number: 0626-23-5006-00000
  • Plat Reference Section Pages: 4334
  • Zoning Specification: OU

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
Apr 28, 2015
Sold by
Griffin Janet L
Bought by
Lanier Bryson M
Seller's Agent
Amy Wilson
Homespun Investment Realty Inc
Buyer's Agent
Brian Marshall
Marshall Real Estate Inc.
List Price
$146,900
Sold Price
$117,500
Premium/Discount to List
-$29,400
-20.01%
Current Estimated Value
$281,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,912
Avg. Annual Appreciation
8.81%
Original Mortgage
$115,364
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lanier Bryson M $117,500 --
Mccoy Lanier Bryson $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanier Bryson Mccoy $165,000
Closed Lanier Bryson M $115,364
Previous Owner Griffin Jan Lynn $98,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $117,500 -20.0% $92 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
07/11/2014 07/11/14 For Sale $146,900 -- $115 / 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
2024 $898 $132,500 $40,800 $91,700
2023 $898 $132,500 $40,800 $91,700
2022 $859 $132,500 $0 $0
2021 $859 $132,500 $0 $0
2020 $769 $111,600 $0 $0
2019 $769 $111,600 $0 $0
2018 $769 $111,600 $0 $0
2017 $758 $124,200 $0 $0
2016 $924 $124,200 $0 $0
2015 $945 $127,000 $0 $0
2014 $945 $127,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM566460

Canopy MLS (Canopy Realtor® Association)

APN: 0626-23-5006-00000