NOT LISTED FOR SALE

61 Lula Cove Rd Weaverville, NC 28787

Estimated Value: $792,619 - $1,043,000

3 Beds
3 Baths
2,210 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $420,000 $190 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,036/month

109 Days on Market

Highlights

  • Contemporary Architecture
  • Private Lot
  • Wood Flooring
  • Weaverville Elementary Rated A-
  • Wooded Lot
  • Tray Ceiling

About This Home

As of August 2017

Stunning views & privacy awaits. Well maintained home in the Reems Creek Valley on just over 4 acres. Enjoy views on 2 levels of decks & spacious screened porch. Split bedroom plan offers privacy for family & guests. Laundry on main. 2 car garage. Semi-finished workshop could easily be converted into downstairs den. Enjoy the area's great dining and arts scene less than 25 minutes to downtown Asheville, and 10 minutes to downtown Weaverville.

Last Agent to Sell the Property

George Zourzoukis

Preferred Properties License #289655 Listed on: 04/13/2017

Last Buyer's Agent

Jennifer LeBlanc

Sapphire Realty Inc License #224829

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • 2

Home Design

  • Contemporary Architecture

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Well
  • Cable TV Available

Community Details

  • Built by Home Source

Listing and Financial Details

  • Assessor Parcel Number 9763-53-9751-00000

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.95672
  • Ratio Close Price By Original Li: 0.84848
  • Ratio Current Price By Acre: 104218.36
  • Ratio Current Price By Sq Ft: 190.05
  • Year Built: 2005
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Exhaust Fan, Gas Range, Microwave, Refrigerator, Security System, Propane, Generator, Electric Oven
  • Fireplace Description: Gas Logs, Propane
  • Fireplace: Yes
  • Fixture Exception Description: Washer & Dryer
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Basement Shop, Built-Ins, Cable Available, Kitchen Island, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 583
  • Main Level Sq Ft: 1627
  • Total Sq Ft: 2210
  • Sq Ft Unheated Basement: 1044
  • Sq Ft Unheated Total: 1044

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Septic Tank
  • Water: Filtration System, Water Softener System, Well
  • Water Heater: Electric

Schools

  • Elementary School: Weaverville/N. Windy Ridge
  • Middle School: North Buncombe
  • High School: North Buncombe

Lot Info

  • Lot Features: Long Range View, Mountain View, Private, Sloping, Steep, Trees, Winter View, Wooded
  • Lot Size Area: 4.030
  • Parcel Number: 9763-53-9751-00000
  • Zoning Specification: OU

Building Info

  • Builder Name: Home Source

Tax Info

  • Tax Value: 300900.00
  • Tax Amount Ncm: 1781.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Aug 18, 2017
Sold by
Melchior Sharon A
Bought by
Copeland Bobo Bryan Russell and Copeland Bobo Brianna
Seller's Agent
George Zourzoukis
Preferred Properties
Buyer's Agent
Jennifer LeBlanc
Sapphire Realty Inc
List Price
$495,000
Sold Price
$420,000
Premium/Discount to List
-$75,000
-15.15%
Current Estimated Value
$885,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,905
Avg. Annual Appreciation
9.59%
Original Mortgage
$378,000
Outstanding Balance
$315,412
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$570,493

Purchase Details

Closed on
Apr 22, 2014
Sold by
Melchior Sharon
Bought by
Melchior Sharon A and Sharon A Melchior Living Trust
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
Copeland Bobo Bryan Russell $420,000 None Available
Melchior Sharon A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copeland Bobo Bryan Russell $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $420,000 -15.2% $190 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $495,000 -- $224 / 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 $3,853 $576,500 $41,500 $535,000
2024 $3,853 $576,500 $56,500 $520,000
2023 $3,853 $576,500 $56,500 $520,000
2022 $3,571 $559,100 $0 $0
2021 $3,571 $559,100 $0 $0
2020 $2,288 $337,000 $0 $0
2019 $2,288 $337,000 $0 $0
2018 $2,288 $337,000 $0 $0
2017 $0 $242,600 $0 $0
2016 $1,781 $242,600 $0 $0
2015 $1,781 $242,600 $0 $0
2014 $1,781 $242,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3270942

Canopy MLS (Canopy Realtor® Association)

APN: 9763-53-9751-00000