NOT LISTED FOR SALE

Estimated Value: $1,766,673 - $1,836,000

0.58 Acre
$3,105,893 Price per Acre
25,265 Sq Ft Lot

Last Sold June 10, 2016

Last sale price $100,000

Est. 1,701% increase in value since last sale

Current estimated payment $10,383/month

1 Day on Market

Highlights

  • Recreation Facilities
  • Front Green Space
  • Level Lot
  • West Buncombe Elementary School Rated A-
  • Trails

About This Lot

As of June 2016

Olivette Riverside Community & Farm is a thoughtfully planned community featuring a working farm, community gardens, walking trails, a 7-acre riverfront park including a pavilion & fireplace, fire circle amphitheater, suspended bridge to a private island, and labyrinth. This lot has a level build site and perc test for a 3 BR and has both long range mountain and French Broad River views. Olivette is only 6.7 miles from Downtown Asheville.

Last Agent to Sell the Property

Allison Smith

Olivette Realty LLC License #236436 Listed on: 05/10/2016

Co-Listed By

Lesley Groetsch

Lesley Groetsch License #260748

Last Buyer's Agent

Lesley Groetsch

Lesley Groetsch License #260748

Property Details

Property Type

  • Land

Lot Details

  • Front Green Space
  • Level Lot

HOA Fees

  • $175 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9721721501
  • Tax Block 163

Community Details

Recreation

  • Recreation Facilities
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 172413.79
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Utilities

  • Sewer: Community Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Recreation Area, Walking Trails
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Lot Info

  • Lot Dimension: per plat
  • Lot Features: Green Area, Level, Long Range View, Water view
  • Parcel Number: 9721721501
  • Zoning: SFR
  • Zoning Specification: MV
  • Plat Book Slide: 148
  • Plat Reference Section Pages: 0588

Tax Info

  • Tax Value: 62600.00
  • Tax Amount Ncm: 900.00
  • Tax Block: 163
  • Tax Location: Woodfin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Bell Frederick T and Bell Alison D
Bought by
Bell Family Trust and Bell
Current Estimated Value
$1,801,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$673,975
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$1,127,443

Purchase Details

Closed on
Jan 15, 2024
Sold by
Davis Alex and Davis Kate
Bought by
Bell Family Trust and Bell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2016
Closed on
Jun 6, 2016
Sold by
Olivette Development Llc
Bought by
Davis Alex and Davis Kate
Seller's Agent
Allison Smith
Olivette Realty LLC
Buyer's Agent
Lesley Groetsch
Lesley Groetsch
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.06%
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
Bell Family Trust -- None Listed On Document
Bell Frederick T -- None Listed On Document
Bell Family Trust $1,780,000 None Listed On Document
Bell Family Trust $1,780,000 None Listed On Document
Davis Alex $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Frederick T $1,000,000
Previous Owner Bell Family Trust $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $100,000 0.0% --
05/11/2016 05/11/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $100,000 -- --
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
2025 $9,131 $1,241,500 $212,600 $1,028,900
2024 $9,131 $919,400 $164,700 $754,700
2023 $9,131 $919,400 $164,700 $754,700
2022 $7,974 $836,700 $0 $0
2021 $7,974 $836,700 $0 $0
2020 $7,937 $794,500 $0 $0
2019 $7,937 $794,500 $0 $0
2018 $3,025 $322,200 $0 $0
2017 $1,547 $62,600 $0 $0
2016 $644 $62,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3141937

Canopy MLS (Canopy Realtor® Association)

APN: 9721-72-3179-00000