NOT LISTED FOR SALE

657 Feather Falls Trail Unit Lot 1 Black Mountain, NC 28711

Estimated Value: $323,000

2.55 Acres
$126,667 Price per Acre
111,078 Sq Ft Lot

Last Sold July 06, 2023

Last sale price $35,000

Est. 823% increase in value since last sale

Current estimated payment $1,812/month

303 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Trails

About This Lot

As of July 2023

Come and FALL IN LOVE with Catawba Falls Preserve and build your DREAM HOME on this beautiful 2.55-acre lot nestled in nature's privacy with mountain views! (Available Septic and Well permit for up to a 5 bedroom home.) This Black Mountain gated community covers 900-acres of beautiful forested mountain terrain with 103-acres designated as common areas. If you're into hiking, then look no further! Catawba Falls Preserve borders the Pisgah National Forest and has hiking trails that lead to the stunning Catawba Falls, a 304-foot waterfall!! Live ONLY 15 minutes to downtown Black Mountain's shops, boutiques, antique stores, and yummy local restaurants! It's ONLY 15-20 minutes to Chimney Rock with its 315-foot Granite monolith with panoramic mountain views overlooking Lake Lure and Hickory Nut Gorge OR to Lake Lure, a 720-acre lake featuring a beautiful public beach and swimming area! This is mountain getaway perfection! Your lot awaits you in Catawba Falls Preserve. Don't miss this one!

Last Agent to Sell the Property

Maria Cavallo-Cook

Love Asheville Realty Brokerage Email: LoveAshevilleRealty@gmail.com License #216743 Listed on: 08/02/2022

Last Buyer's Agent

Andrea Blalock

Keller Williams Professionals License #339324

Keller Williams Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $122

Lot Details

  • 2.55 Acre Lot
  • Wooded Lot
  • Possible uses of the property include Residential

HOA Fees

  • $88 Monthly HOA Fees

Property Views

  • Mountain Views

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 0638-10-9405

Community Details

Overview

  • Ipm Corporation Association, Phone Number (828) 650-6875
  • Catawba Falls Preserve Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$122

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: LoveAshevilleRealty@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • View: Mountain(s), Winter, Year Round
  • Waterfront Features: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Gated, Walking Trails
  • Association Fee: 1060
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM Corporation
  • Phone: 828-650-6875
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: info@ipmhoa.com

Association/Amenities

  • Association Annual Expense: 1060.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 2.55
  • Lot Size Units: Acres
  • Parcel Number: 0638-10-9405
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 619
  • Lot Size Acres: 2.55
  • Lot Size Sq Ft: 111078
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Berger Alexis
Bought by
Berger Alexis and Martin Alexander
Total Days on Market
303
Current Estimated Value
$323,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Outstanding Balance
$705,875
Interest Rate
6.96%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 19, 2021
Sold by
Saraceni Matthew J and Saraceni Eve Merissa
Bought by
Alvarado Ruiz Humberto

Purchase Details

Closed on
Aug 2, 2010
Sold by
Barnch Banking And Trust Company
Bought by
Saraceni Matthew J and Saraceni Eve Merissa

Purchase Details

Closed on
Dec 16, 2009
Sold by
Hedrick Dale R and Hedrick Teresa G
Bought by
Branch Banking Trust Co
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
Berger Alexis -- None Listed On Document
Alvarado Ruiz Humberto $12,000 None Available
Saraceni Matthew J $12,500 None Available
Branch Banking Trust Co $24,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Alexis $715,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $35,000 0.0% --
08/02/2022 08/02/22 For Sale $35,000 -- --
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 $122 $18,000 $18,000 $0
2023 $122 $18,000 $18,000 $0
2022 $110 $16,000 $16,000 $0
2021 $110 $16,000 $16,000 $0
2020 $112 $16,000 $0 $0
2019 $112 $0 $0 $0
2017 $576 $90,000 $0 $0
2016 $576 $0 $0 $0
2014 $549 $90,000 $90,000 $0
2013 -- $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3884911

Canopy MLS (Canopy Realtor® Association)

APN: 0638-00-10-9405