NOT LISTED FOR SALE

Estimated Value: $1,128,000 - $1,503,000

3 Beds
2.5 Baths
3,358 Sq Ft
$398/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $1,130,000 $337 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,706/month

31 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Private Lot
  • Asheville High Rated A-
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of June 2022

Situated at 2860' of altitude, this amazing south facing home boasts views of downtown, and is just a short drive up Elk Mountain in popular North Asheville. Enjoy ultimate privacy on this 5+ acre mountain estate. This contemporary home is move in ready, but also has excellent potential to update into the ultra popular mountain modern retreat. Located just outside of the city of Asheville, you can either live in this mountain getaway full time, part time or even possibly earn income as an STR (short term rental... buyer to confirm). The opportunities are endless! 7 Minutes to the amenities of Merrimon Ave in one direction, or 7 minutes to your outdoor playground that is the Blue Ridge Parkway in the other. Welcome home!

Last Agent to Sell the Property

Hadley Cropp

Asheville Realty Group License #257330 Listed on: 05/05/2022

Last Buyer's Agent

Rob Montague

Asheville Realty Group License #168382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,847

Year Built

  • Built in 1979

Lot Details

  • Private Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bonus Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9741-72-7428-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,847

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1979
  • Ratio Current Price By Acre: 221568.63
  • Restrictions: No Representation,Short Term Rental Allowed
  • Road Surface Type: Gravel
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Partially Finished
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Vaulted Ceiling
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 1536
  • Main Level Sq Ft: 1822
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 69
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 69
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Deck,Front,Porch-Wrap Around
  • Appliances: Ceiling Fan(s), Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Bonus Room, Den, Wood Burning
  • Living Area: 3358
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Asheville
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2500
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 418
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Ductless, Baseboard, Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Lower Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: City View, Long Range View, Mountain View, Private, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 5.1
  • Lot Size Units: Acres
  • Parcel Number: 9741-72-7428-00000
  • Plat Reference Section Pages: 182
  • Zoning Description: R-1

Tax Info

  • RATIO List Price By Tax Amount: 1.60230

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 6, 2022
Sold by
Israel William F
Bought by
Kenneth Marshall King Revocable Trust
Seller's Agent
Hadley Cropp
Asheville Realty Group
Buyer's Agent
Rob Montague
Asheville Realty Group
List Price
$975,000
Sold Price
$1,130,000
Premium/Discount to List
$155,000
15.9%
Current Estimated Value
$1,335,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,380
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
May 11, 1976
Bought by
Israel Mary
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
Kenneth Marshall King Revocable Trust $1,130,000 Worley & Peltz Pllc
Israel Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Israel Thomas M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $1,130,000 +15.9% $337 / Sq Ft
05/05/2022 05/05/22 For Sale $975,000 -- $290 / 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 $5,847 $755,000 $244,000 $511,000
2023 $5,847 $755,000 $244,000 $511,000
2022 $4,533 $608,500 $0 $0
2021 $4,533 $608,500 $0 $0
2020 $3,953 $494,800 $0 $0
2019 $3,953 $494,800 $0 $0
2018 $3,953 $494,800 $0 $0
2017 $4,003 $410,200 $0 $0
2016 $3,626 $410,200 $0 $0
2015 $3,626 $410,200 $0 $0
2014 $3,626 $410,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3855514

Canopy MLS (Canopy Realtor® Association)

APN: 9741-72-7428-00000