NOT LISTED FOR SALE

61 New Salem Rd Swannanoa, NC 28778

Estimated Value: $231,000 - $288,000

1 Bed
1 Bath
594 Sq Ft
$438/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $229,350 $386 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,469/month

5 Days on Market

About This Home

As of October 2021

This move-in-ready home is perfect for the first-time homebuyer or buyer looking for the ideal investment property. Located just outside of Asheville near Warren Wilson College, this lovely one-bedroom, one-bath, fully furnished cottage has the advantage of being very close to Asheville and downtown Black Mountain but without the city noise or taxes. Set on almost a quarter of an acre, this home's appeal is in the details. From the original hardwood floors to the lovely front porch, there is a lot of charm and practicality in this home.

Last Agent to Sell the Property

John Hardie

Allen Tate/Beverly-Hanks Fletcher License #296674 Listed on: 09/14/2021

Allen Tate/Beverly-Hanks Fletcher

Last Buyer's Agent

Ben Pruette

Premier Sotheby’s International Realty License #279578

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 10,019

Parking

  • Gravel Driveway

Flooring

  • Wood
  • Linoleum
  • Tile

Utilities

  • Heating System Uses Kerosene
  • Septic Tank

Additional Features

  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 9678-99-2815-00000

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.01933
  • Ratio Close Price By Original Li: 1.01933
  • Ratio Current Price By Acre: 997173.91
  • Ratio Current Price By Sq Ft: 386.11
  • Year Built: 1938
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Equipment: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator
  • Flooring: Linoleum, Tile, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 594
  • Total Sq Ft: 594

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Kerosene, Wall Unit - AC
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: WD Williams
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Size Area: 0.230
  • Parcel Number: 9678-99-2815-00000
  • Plat Book Slide: 104/106
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 114500.00
  • Tax Location: Swannanoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 15, 2021
Sold by
Browne Mary Elizabeth and Nettleton Sarah Edith
Bought by
Browne Mary Elizabeth and Nettleton Sarah Edith
Seller's Agent
John Hardie
Allen Tate/Beverly-Hanks Fletcher
Buyer's Agent
Ben Pruette
Premier Sotheby’s International Realty
List Price
$225,000
Sold Price
$229,350
Premium/Discount to List
$4,350
1.93%
Current Estimated Value
$260,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,014
Avg. Annual Appreciation
4.24%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 19, 2021
Sold by
Ledford Lesley R and Ledford Derek A
Bought by
Browne Mary Elizabeth and Nettleton Sarah Edith
Seller's Agent
John Hardie
Allen Tate/Beverly-Hanks Fletcher
Buyer's Agent
Ben Pruette
Premier Sotheby’s International Realty
List Price
$225,000
Sold Price
$229,350
Premium/Discount to List
$4,350
1.93%

Purchase Details

Closed on
Aug 3, 2007
Sold by
Biggest Dawg Llc
Bought by
Cobb Sharon A and Grisaffe Alecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 24, 2006
Sold by
Cobb Sharon A and Grisaffe Alecia A
Bought by
Whitmire Lesley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2005
Sold by
Etherton Ruth G
Bought by
Caldwell James Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.76%
Mortgage Type
Seller Take Back
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
Browne Mary Elizabeth -- None Available
Browne Mary Elizabeth $229,500 None Available
Cobb Sharon A $20,000 None Available
Whitmire Lesley R $102,000 None Available
Caldwell James Thomas $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledford Lesley R $85,000
Previous Owner Cobb Sharon A $107,200
Previous Owner Whitmire Lesley R $94,000
Previous Owner Caldwell James Thomas $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $229,350 +1.9% $386 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $225,000 -- $379 / 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 -- $114,500 $27,300 $87,200
2023 $731 $114,500 $27,300 $87,200
2022 $719 $114,500 $0 $0
2021 $719 $114,500 $0 $0
2020 $665 $99,400 $0 $0
2019 $665 $99,400 $0 $0
2018 $665 $99,400 $0 $0
2017 $664 $69,300 $0 $0
2016 $508 $69,300 $0 $0
2015 $508 $69,300 $0 $0
2014 -- $69,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3785107

Canopy MLS (Canopy Realtor® Association)

APN: 9678-99-2815-00000