$890,000
SOLD JUN 12, 2018

62 Great Aspen Way Unit 705 Black Mountain, NC 28711

4 Beds
4.5 Baths
5,903 Sq Ft
2.84 Acres

Recently Sold

$151 Per Sq Ft

9% Below List Price

57 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Attached Garage
  • Private Lot
  • Fireplace
  • Shed

About This Home

As of January 2022

All expectations are exceeded for a magnificent mountain home! Nestled in the pristine gated community of Laurel Ridge in Black Mountain, quality craftsmanship and unique details abound. Enjoy a generous master suite, gourmet kitchen, fabulous fireplaces, four garage spaces, and main level living with ample room to entertain effortlessly inside and out. Welcome home to peace and tranquility in a private mountain setting!

Last Agent to Sell the Property

Chloe Knight

Allen Tate/Beverly-Hanks Freestone Properties License #288443 Listed on: 03/14/2018

Last Buyer's Agent

Margaret Vestal

RE/MAX Executive License #226935

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Attached Garage
  • Brick Driveway

Home Design

  • Stone Siding

Interior Spaces

  • Fireplace
  • Insulated Windows
  • Wood Flooring
  • Oven

Additional Features

  • Shed
  • Private Lot

Listing and Financial Details

  • Assessor Parcel Number 9791-83-7827

Community Details

Recreation

  • Trails

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$175 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/Basement/F.R.O.G.
  • Ratio Close Price By List Price: 0.91282
  • Ratio Close Price By Original Li: 0.91282
  • Ratio Current Price By Acre: 313380.28
  • Ratio Current Price By Sq Ft: 150.77
  • Year Built: 2007
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Concrete
  • Upper Level Sq Ft: 772
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Gas, Dishwasher, Dryer, Oven, Propane, Refrigerator, Security System, Surround Sound, Washer
  • Fireplace Description: FAMILYRM, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 2771
  • Main Level Sq Ft: 2360
  • Total Sq Ft: 5903

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Asphalt, Brick
  • Parking: Attached Garage, Detached Garage, Garage - 4+ Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Walking Trails
  • Association Fee: 2100.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Private, Winter View
  • Lot Size Area: 2.840
  • Parcel Number: 9791-83-7827
  • Zoning Specification: RES

Tax Info

  • Tax Value: 962100.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 10, 2022
Sold by
Deutsch Michael K and Deutsch Joanne K
Bought by
Great Aspen Llc
Seller's Agent
Jennifer Stein
Homelister, Inc.
Buyer's Agent
Heidi DuBose
Unique: A Real Estate Collective
List Price
$1,499,999
Sold Price
$1,350,000
Premium/Discount to List
-$149,999
-10%
Current Estimated Value
$1,782,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,370
Avg. Annual Appreciation
8.33%

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jun 12, 2018
Sold by
Hinson Shirley M
Bought by
Deutsch Michael and Jenks Joanne K
Seller's Agent
Chloe Knight
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Margaret Vestal
RE/MAX Executive
List Price
$975,000
Sold Price
$890,000
Premium/Discount to List
-$85,000
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%
Original Mortgage
$712,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2010
Sold by
Asheville Savings Bank S S B
Bought by
Hinson Shirley M and Shirley M Hinson Living Trust

Purchase Details

Closed on
Jul 28, 2010
Sold by
Mcmullen Sue D
Bought by
Asheville Savings Bank Ssb

Purchase Details

Closed on
Dec 18, 2008
Sold by
River Cane Builders Inc
Bought by
Mcmullen Sue D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 2005
Sold by
Barham Sidney J and Barham Jane Beth
Bought by
Mcmullen William M and Mcmullen Sue D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,350,000 None Listed On Document
Warranty Deed $890,000 None Available
Warranty Deed $600,000 None Available
Trustee Deed $755,214 None Available
Warranty Deed $935,000 None Available
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,080,000 New Conventional
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $712,000 Adjustable Rate Mortgage/ARM
Previous Owner $748,000 Unknown
Previous Owner $500,000 Construction
Previous Owner $48,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $1,350,000 -10.0% $237 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $1,499,999 +68.5% $264 / Sq Ft
06/12/2018 06/12/18 Sold $890,000 -8.7% $151 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $975,000 -- $165 / 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
2023 $7,894 $1,264,100 $79,800 $1,184,300
2022 $6,973 $1,172,100 $0 $0
2021 $6,973 $1,172,100 $0 $0
2020 $6,989 $1,076,900 $0 $0
2019 $6,989 $1,076,900 $0 $0
2018 $6,244 $962,100 $0 $0
2017 $0 $783,800 $0 $0
2016 $5,510 $783,800 $0 $0
2015 $4,985 $709,100 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3369554

Canopy MLS (Canopy Realtor® Association)

APN: 9791-83-7827-00000