NOT LISTED FOR SALE

588 Old Highway 20 Alexander, NC 28701

Estimated Value: $360,000 - $426,000

3 Beds
2 Baths
1,273 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $200,000 $157 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,210/month

4 Days on Market

Highlights

  • Wood Burning Stove
  • Traditional Architecture
  • Fireplace
  • West Buncombe Elementary School Rated A-
  • Wood Flooring
  • Pasture

About This Home

As of January 2017

This 1965 brick ranch has good bones, beautiful real wood paneling throughout the main level, and great views!!! The Main Level has a wood stove in the dining/kitchen area, plus 3 bedrooms, 2 baths on that same floor. The previous owners finished 2 more bedrooms and a rec room in the basement with a sliding door, walk-out to back of house, creating a light & bright lower level! Best view in WNC for the $. You can see all the way to the Smokies in Haywood County!

Last Agent to Sell the Property

Binford Jennings

Howard Hanna Beverly-Hanks Asheville-Downtown License #272600 Listed on: 11/09/2016

Howard Hanna Beverly-Hanks Asheville-Downtown

Last Buyer's Agent

Star Broadnax

High Vistas Realty License #285214

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.51

Parking

  • 2

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Wood Burning Stove
  • Insulated Windows
  • Storm Doors

Flooring

  • Wood
  • Concrete
  • Tile

Additional Features

  • Shed
  • Level Lot
  • Pasture
  • Well

Listing and Financial Details

  • Assessor Parcel Number 9711-57-2632-00000

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0.51 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 392156.86
  • Ratio Current Price By Sq Ft: 157.11
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Exhaust Fan, Ice Maker Connection, Intercom, Exhaust Hood, Refrigerator, Security System, Self Cleaning Oven
  • Fireplace Description: Woodstove
  • Fireplace: Yes
  • Fixture Exception Description: Shed in backyard, Intercom
  • Fixture Exception Yn: Yes
  • Flooring: Concrete, Tile, Wood
  • Laundry Location: Basement, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1273
  • Total Sq Ft: 1273
  • Sq Ft Unheated Basement: 1000
  • Sq Ft Unheated Total: 1000

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat, Oil Hot Air, Woodstove
  • Sewer: Septic Tank
  • Water: Well

Lot Info

  • Lot Features: Level, Long Range View, Mountain View, Pasture, Year Round View
  • Parcel Number: 9711-57-2632-00000
  • Zoning Specification: OU

Tax Info

  • Tax Value: 160700.00
  • Tax Amount Ncm: 1196.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 10, 2017
Sold by
Phelps Swank Marcia E and Swank Jeremy
Bought by
Smith James R and Smith Laurrell C
Seller's Agent
Binford Jennings
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Star Broadnax
High Vistas Realty
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$391,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,465
Avg. Annual Appreciation
7.58%
Original Mortgage
$196,377
Outstanding Balance
$162,430
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$229,035

Purchase Details

Closed on
Dec 8, 2010
Sold by
Smith Andrew A and Smith Myra B
Bought by
Phelps Swank Marcia E and Swank Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,419
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Maconi Development Llc
Bought by
Smith Andrew A and Smith Myra B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 2005
Sold by
Rhymer Hazel
Bought by
Maconi Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,855
Interest Rate
5.69%
Mortgage Type
Unknown
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
Smith James R $200,000 None Available
Phelps Swank Marcia E $177,000 None Available
Smith Andrew A $160,000 --
Maconi Development Llc $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith James R $196,377
Previous Owner Phelps Swank Marcia E $183,419
Previous Owner Smith Andrew A $144,000
Previous Owner Maconi Development Llc $224,855
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $200,000 0.0% $157 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $200,000 -- $157 / 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 $1,812 $245,000 $40,500 $204,500
2024 $1,812 $245,000 $40,500 $204,500
2023 $1,812 $245,000 $40,500 $204,500
2022 $1,617 $245,000 $0 $0
2021 $1,617 $245,000 $0 $0
2020 $1,399 $200,200 $0 $0
2019 $1,399 $200,200 $0 $0
2018 $1,359 $200,200 $0 $0
2017 $1,359 $160,700 $0 $0
2016 $1,196 $160,700 $0 $0
2015 $1,196 $160,700 $0 $0
2014 $1,196 $160,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3229368

Canopy MLS (Canopy Realtor® Association)

APN: 9711-57-2632-00000

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