NOT LISTED FOR SALE

7 Silver Lace Cir Unit 37 Arden, NC 28704

Lake Julian Neighborhood

Estimated Value: $348,000 - $397,000

3 Beds
2 Baths
1,386 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $345,000 $249 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,135/month

2 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Glass Enclosed
  • T.C. Roberson High School Rated A
  • Cul-De-Sac
  • Breakfast Bar

About This Home

As of April 2022

Charming split level home located in a desirable neighborhood in South Asheville! This 3 bed 2 bath home has an enclosed back patio, fenced in back yard, single car garage, laundry closet located in garage, office on basement level. The Kitchen, dining area and living room are located on the main level. All of the bedrooms and bathrooms are located on the upper level. Primary bathroom has upgraded easy access walk in shower. Convenient location to Asheville Airport, Biltmore Park and Lake Julian. House is Located In Hunters Trace Subdivision. Amenities include outdoor pool, tennis courts and clubhouse.

Last Agent to Sell the Property

Devon Satchell

Cool Mountain Realty License #310592 Listed on: 01/22/2022

Last Buyer's Agent

Libby Collina

Broker WNC Inc License #174323

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Cul-De-Sac
  • Fenced
  • Corner Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-3

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • Workshop in Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Glass Enclosed

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Ipm Corp, Andy Singleton Association, Phone Number (828) 650-6875
  • Hunters Trace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 964461716900000

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1987
  • Ratio Current Price By Acre: 2156250.00
  • Restrictions: Other - See Media/Remarks
  • Road Surface Type: Concrete
  • Structure Type: Split Level
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Breakfast Bar, Garage Shop, Other
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1196
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 396
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 32
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 428
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Enclosed Patio
  • Appliances: Ceiling Fan(s), Gas Cooktop, Dishwasher, Microwave
  • Accessibility Features: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 190
  • Living Area: 1386
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Fence, Wired Internet Available
  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Garage - 1 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: In Basement
  • Water Source: County Water

Condo/Co-op/Association

  • Association Fee: 81
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: IPM Corp, Andy Singleton
  • Phone: 8286506875
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required
  • HOA Email: hoahunterstrace@gmail.com

Lot Info

  • Lot Features: Cleared, Corner Lot, Cul-De-Sac, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 964461716900000
  • Plat Book Slide: 0053/0109
  • Zoning Description: RES

Tax Info

  • RATIO List Price By Tax Amount: 1.50091

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Glen Arden/Koontz
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Osteen Michael Russell and Osteen Kaitlin Seam
Bought by
Michalkow Nicholas Joseph
Current Estimated Value
$369,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,400
Outstanding Balance
$248,566
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$121,273

Purchase Details

Listed on
Jan 22, 2022
Closed on
Apr 4, 2022
Sold by
Sean Newby
Bought by
Osteen Michael Russell and Osteen Kaitlin Seaman
Seller's Agent
Devon Satchell
Cool Mountain Realty
Buyer's Agent
Libby Collina
Broker WNC Inc
List Price
$329,000
Sold Price
$345,000
Premium/Discount to List
$16,000
4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%
Original Mortgage
$327,750
Interest Rate
4.67%
Mortgage Type
Balloon

Purchase Details

Closed on
May 28, 2015
Sold by
Blair Ross Randall
Bought by
Donhauser Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,050
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2009
Sold by
Roberts Stephens Audran and Stephens Scott Eric
Bought by
Estes Blair Ross Randall and Estes Blair Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,960
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2002
Sold by
Roberts Stephens Scott Eric and Roberts Stephens Audran
Bought by
Roberts Stephens Scott Eric and Roberts Stephens Audrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.99%

Purchase Details

Closed on
Dec 23, 2002
Sold by
Hensley William W and Hensley Mary D
Bought by
Hensley William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.99%

Purchase Details

Closed on
Oct 14, 1997
Sold by
Marcus Terrell L
Bought by
Stephens and Roberts
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michalkow Nicholas Joseph $360,000 None Listed On Document
Osteen Michael Russell $345,000 Goosmann Rose Colvard & Cramer
Donhauser Jennifer L $199,000 --
Donhauser Jennifer L $199,000 --
Estes Blair Ross Randall $188,000 None Available
Roberts Stephens Scott Eric -- --
Hensley William W -- --
Stephens $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michalkow Nicholas Joseph $251,400
Previous Owner Osteen Michael Russell $327,750
Previous Owner Donhauser Jennifer L $189,050
Previous Owner Estes Blair Ross Randall $177,960
Previous Owner Roberts Stephens Scott Eric $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2022 04/05/22 Sold $345,000 +4.9% $249 / Sq Ft
03/03/2022 03/03/22 For Sale $329,000 -4.6% $237 / Sq Ft
01/31/2022 01/31/22 Off Market $345,000 -- --
01/24/2022 01/24/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $329,000 -- $237 / 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 -- $197,400 $42,900 $154,500
2024 -- $219,200 $42,900 $176,300
2023 $1,306 $219,200 $42,900 $176,300
2022 $1,285 $219,200 $0 $0
2021 $1,285 $219,200 $0 $0
2020 $1,191 $189,100 $0 $0
2019 $1,191 $189,100 $0 $0
2018 $1,191 $189,100 $0 $0
2017 $1,191 $161,000 $0 $0
2016 $1,119 $161,000 $0 $0
2015 $1,119 $161,000 $0 $0
2014 $1,119 $161,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3823049

Canopy MLS (Canopy Realtor® Association)

APN: 9644-61-7169-00000