$661,000
SOLD JUL 7, 2022

626 Old Lytle Cove Rd Swannanoa, NC 28778

2 Beds
2.5 Baths
2,646 Sq Ft
1.2 Acres

Recently Sold

$250 Per Sq Ft

2% Below List Price

62 Days on Market

Highlights

  • Wood Flooring
  • Separate Outdoor Workshop
  • Skylights
  • Farmhouse Style Home
  • Detached Garage
  • Built-In Features

About This Home

As of July 2022

Investor alert. Unusual property in Swannanoa. Ideal live/work situation. Used to be residential and is now zoned EMP which can have many uses commercially including residential. Currently a showroom and vacation rental so perfect for a live/work situation. Downstairs has a kitchenette while upstairs has a kitchen. All furnishings convey not showroom item. Owner is a custom furniture and cabinet maker for high end products so very nicely appointed. Detached single car garage with porch and unfinished upstairs. Also detached workshop that has electricity. Previously used for Kilns.

Last Agent to Sell the Property

M.E. Gray

Nest Realty Asheville License #194689 Listed on: 05/05/2022

Last Buyer's Agent

Rebecca Lafunor

Real Broker, LLC License #300576

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,183

Year Built

  • Built in 2002

Lot Details

  • Level Lot
  • Property is zoned EMP, EMP

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Built-In Features
  • Skylights
  • Window Treatments

Kitchen

  • Electric Range
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Handicap Parking
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Heat Pump System
  • Spring water is a source of water for the property
  • Septic Tank

Community Details

  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 9699-70-5006-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,183

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2002
  • Ratio Current Price By Acre: 550833.33
  • Restrictions: No Representation
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Concrete, Tile, Wood
  • Interior Amenities: Built Ins, Kitchen Island, Skylight(s), Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 744
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1559
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1087
  • Porch: Covered,Front,Patio
  • Appliances: CO Detector, Dryer, Electric Range, Microwave, Refrigerator, Washer, Other
  • Accessibility Features: Handicap Parking
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 2646
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s), Workshop
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 443
  • Parking Features: Detached, Garage - 1 Car, Garage Door Opener, Keypad Entry, Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Spring, Other

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Complex Name: None

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Long Range View, Sloped
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Parcel Number: 9699-70-5006-00000
  • Plat Book Slide: 165/35
  • Zoning Description: EMP

Tax Info

  • RATIO List Price By Tax Amount: 1.69726

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 17, 2022
Sold by
Gamer Building Group Llc
Bought by
Freiberg Adam Lee
Seller's Agent
M.E. Gray
Nest Realty Asheville
Buyer's Agent
Rebecca Lafunor
Real Broker, LLC
List Price
$675,000
Sold Price
$661,000
Premium/Discount to List
-$14,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$557,100
Outstanding Balance
$530,063
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$192,555

Purchase Details

Closed on
Oct 4, 2018
Sold by
Boleman Austin and Boleman Maud
Bought by
Garner Building Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $661,000 None Listed On Document
Warranty Deed $395,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $557,100 New Conventional
Previous Owner $312,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $749,000 +1.4% $290 / Sq Ft
07/09/2025 07/09/25 Off Market $739,000 -- --
07/09/2025 07/09/25 For Sale $739,000 +11.8% $286 / Sq Ft
07/07/2022 07/07/22 Sold $661,000 -2.1% $250 / Sq Ft
05/05/2022 05/05/22 For Sale $675,000 -- $255 / 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 $3,183 $484,000 $62,700 $421,300
2023 $3,183 $484,000 $62,700 $421,300
2022 $2,498 $397,700 $0 $0
2021 $2,498 $397,700 $0 $0
2020 $1,923 $287,500 $0 $0
2019 $1,923 $287,500 $0 $0
2018 $1,923 $287,500 $0 $0
2017 $1,921 $295,800 $0 $0
2016 $2,168 $295,800 $0 $0
2015 $2,168 $295,800 $0 $0
2014 $1,999 $272,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3856245

Canopy MLS (Canopy Realtor® Association)

APN: 9699-70-5006-00000