NOT LISTED FOR SALE

7 Ivy Crest Ln Unit 8 Weaverville, NC 28787

Estimated Value: $73,255 - $354,000

1.48 Acres
$115,077 Price per Acre
64,469 Sq Ft Lot

Last Sold February 23, 2021

Last sale price $50,000

Est. 241% increase in value since last sale

Current estimated payment $971/month

403 Days on Market

About This Lot

As of February 2021

Ivy Meadows is a beautiful community of charming, site built homes. It's tucked away in the countryside where you will enjoy the fresh air, sunshine and the sounds of nature. It's a wonderful retreat from city life yet a short 12-minute drive to Weaverville and only 20 minutes to Asheville! Lot #8 is one of the larger lots at 1.48 Survey acres. It’s an open, grassy field that lends itself to a walk-out basement and a wrap-around porch that takes in the mountain views. It has two options for a driveway so you can drive into a basement level garage or place your garage on the main level with a circular driveway (or both!) This is the best view lot in the development! The minimum sq/ft to build is 1,500 with architectural review, underground utilities, and paved roads. (road repair and repaving is in progress and will be done in several phases)

Last Agent to Sell the Property

Susan Young

Sterling Real Estate Partners, LLC License #210499 Listed on: 10/07/2019

Last Buyer's Agent

Cain Cox

Premier Sotheby’s International Realty License #228925

Premier Sotheby’s International Realty

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $42 Monthly HOA Fees

Additional Features

  • Corner Lot
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9756-72-5232-00000
  • Tax Block I

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Acre: 33783.78
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines
  • Cleared Acres: 1.48

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: North Buncombe/N. Windy Ridge
  • Middle School: North Buncombe
  • High School: North Buncombe

Lot Info

  • Lot Features: Corner Lot, Mountain View, Paved Frontage, Year Round View
  • Lot Size Area: 1.480
  • Parcel Number: 9756-72-5232-00000
  • Zoning Specification: OU
  • Plat Book Slide: 0105
  • Plat Reference Section Pages: 0190

Tax Info

  • Tax Value: 37500.00
  • Tax Block: I
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Feb 22, 2021
Sold by
Smith Jeremy Daniel and Smith Brandi
Bought by
Solley Joshua and Solley Jennifer
Seller's Agent
Susan Young
Sterling Real Estate Partners, LLC
Buyer's Agent
Cain Cox
Premier Sotheby’s International Realty
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$170,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,314
Avg. Annual Appreciation
30.08%

Purchase Details

Closed on
Mar 12, 2008
Sold by
Smith Clyde A and Smith Deborah S
Bought by
Smith Jeremy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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
Solley Joshua $50,000 None Available
Smith Jeremy D $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Jeremy D $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $50,000 -9.1% --
11/13/2020 11/13/20 Pending -- -- --
10/07/2019 10/07/19 For Sale $55,000 -- --
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 $330 $44,800 $44,800 --
2024 $330 $44,800 $44,800 --
2023 $330 $44,800 $44,800 $0
2022 $317 $44,800 $0 $0
2021 $308 $44,800 $0 $0
2020 $273 $37,500 $0 $0
2019 $279 $37,500 $0 $0
2018 $280 $37,500 $0 $0
2017 $269 $26,000 $0 $0
2016 $204 $26,000 $0 $0
2015 $205 $26,000 $0 $0
2014 $206 $26,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3557443

Canopy MLS (Canopy Realtor® Association)

APN: 9756-72-5232-00000