NOT LISTED FOR SALE

7 Elmwood Ln Asheville, NC 28803

Estimated Value: $569,000 - $651,731

4 Beds
3 Baths
3,115 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $302,000 $97 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,498/month

4 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wooded Lot
  • T.C. Roberson High School Rated A
  • Private Lot
  • Vaulted Ceiling

About This Home

As of June 2017

Super value for the money. Contemporary and retro w/ multiple levels. Well maintained home that needs cosmetic updating and very little mechanical updates. Large kitchen with quartz counters, some newer appliances and an eat-in area. Two large master bedrooms, one on each level. Two large living areas each with stone fireplaces. Views to Mount Pisgah. Loads of storage space incl. basement, exterior storage, oversized garage, and attic. Less than $100 a sq foot. Located close to shops.

Last Agent to Sell the Property

M.E. Gray

Nest Realty Asheville Brokerage Email: megray@kw.com License #194689 Listed on: 04/28/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,351

Year Built

  • Built in 1981

Lot Details

  • 0.51 Acre Lot
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned RS4, R-4

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Storage
  • Laundry Room
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Outdoor Features

  • Deck
  • Shed

Schools

  • Estes/Koontz Elementary School
  • Valley Springs Middle School
  • T.C. Roberson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Bill Vintson Association, Phone Number (828) 505-3605
  • Ballantree Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9656-50-6573-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,351

Year Built

Built in 1981

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1981
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 96.95
  • Attribution Contact: megray@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Split Bedroom, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2015
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 895
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 139
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1034
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 2015
  • Has Basement: Basement, Basement Shop, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1100
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Insert, Living Room, Wood Burning
  • Living Area: 3115
  • Window Features: Insulated Window(s), Skylight(s)
  • Bedroom Main: 3
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Long Range
  • Construction Type: Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Closet
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Bill Vintson
  • Phone: 828-505-3605
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 9656-50-6573-00000
  • Zoning: R-4
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22215
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS4

MLS Schools

  • Elementary School: Estes/Koontz
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 2, 2017
Sold by
Ribaud Lynn William and Kofsky Jeanne R
Bought by
Hallock Tiffany and Hallock Joseph
Seller's Agent
M.E. Gray
Nest Realty Asheville
List Price
$280,000
Sold Price
$302,000
Premium/Discount to List
$22,000
7.86%
Current Estimated Value
$609,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,933
Avg. Annual Appreciation
8.62%
Original Mortgage
$271,800
Outstanding Balance
$225,771
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$384,162

Purchase Details

Closed on
Nov 21, 2013
Sold by
Ribaud George L and Ribaud Ruth H
Bought by
Ribaud George L and Ribaud Lynn William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hallock Tiffany $302,000 None Available
Ribaud George L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hallock Tiffany $271,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $302,000 +7.9% $97 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $280,000 -- $90 / 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
2025 $3,351 $361,500 $54,900 $306,600
2024 $3,351 $361,500 $54,900 $306,600
2023 $3,351 $361,500 $54,900 $306,600
2022 $3,221 $361,500 $0 $0
2021 $3,221 $361,500 $0 $0
2020 $2,808 $293,100 $0 $0
2019 $2,808 $293,100 $0 $0
2018 $2,808 $293,100 $0 $0
2017 $2,753 $243,800 $0 $0
2016 $2,631 $243,800 $0 $0
2015 $2,631 $243,800 $0 $0
2014 $2,647 $248,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3275716

Canopy MLS (Canopy Realtor® Association)

APN: 9656-50-6573-00000