NOT LISTED FOR SALE

711 Mayfly Ct Unit 119 Biltmore Lake, NC 28715

Estimated Value: $1,619,000 - $1,689,000

5 Beds
4.5 Baths
5,207 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $1,650,000 $317 Per Sq Ft

Current estimated payment $9,579/month

42 Days on Market

Highlights

  • Boathouse
  • In Ground Pool
  • Contemporary Architecture
  • Access To Lake
  • Clubhouse
  • Wooded Lot

About This Home

As of June 2024

Located in a private cul-de-sac this impressive home offers an inviting retreat for modern living. Its soaring 2-story living room immediately captures your attention as the heart of the home with a striking stone fireplace and natural light from expansive windows. The main level designed for effortless living features the primary owners suite, a spacious office and formal dining room. Its cozy kitchen equipped with stainless steel appliances, tasteful decor and eat-in area is perfect for casual dining. Upstairs, you will find 3 additional spacious bedrooms. The lower level provides multiple entertainment options with a rec room, theater & mini kitchen, exercise rm & extra bedroom. Its private backyard oasis with in-ground pool, hot tub, & lush landscaping, provides a haven for relaxing & outdoor living. On top of all of that, this home is adjacent to the walking trails that lead to the lake & its array of amenities including game courts, community dock, beach area & clubhouse.

Last Agent to Sell the Property

Sandi Aubuchon

Premier Sotheby’s International Realty Brokerage Phone: 828-707-0787 License #274513 Listed on: 03/08/2024

Premier Sotheby’s International Realty

Last Buyer's Agent

Eva Hartman

Town and Mountain Realty License #238776

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,757

Year Built

  • Built in 2003

Lot Details

  • Cul-De-Sac
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Wooded Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Pocket Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Workshop
  • Basement Storage

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Access To Lake
  • Access to stream, creek or river
  • Boathouse
  • Covered Patio or Porch

Schools

  • Hominy Valley/Enka Elementary School
  • Enka Middle School
  • Enka High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9616-48-2934-00000

Community Details

Overview

  • First Residential, Bill Mcmannis Association, Phone Number (828) 676-4115
  • Biltmore Lake Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Water Sports
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,757

Year Built

Built in 2003

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2003
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 316.88
  • Geocode Confidence: High
  • Attribution Contact: 828-707-0787
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Central Vacuum, Entrance Foyer, Hot Tub, Kitchen Island, Pantry, Storage, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2231
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 535
  • Sq Ft Unheated Total: 535
  • Sq Ft Upper: 1280
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Wall Oven, Other
  • Other Equipment: Surround Sound, Other - See Remarks
  • Above Grade Finished Sq Ft: 3511
  • Has Basement: Basement Shop, Exterior Entry, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1696
  • Door Features: Pocket Doors, Screen Door(s), Sliding Doors, Storm Door(s)
  • Fireplace Features: Gas Log, Living Room, Recreation Room
  • Living Area: 5207
  • Window Features: Window Treatments
  • Bedroom Main: 1
  • Room Count: 22
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Hot Tub, In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Privacy
  • Waterfront Features: Beach - Public, Boat House, Boat Slip – Community, Paddlesport Launch Site
  • Exclusions: Washer/dryer, kitchen window bench
  • Waterfront Elevation: 2000
  • Construction Type: Hardboard Siding, Stone
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 877
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level, Sink
  • Security: Security System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Utilities: Cable Available, Electricity Connected, Gas, Underground Power Lines, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake Access, Picnic Area, Playground, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 600
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: First Residential, Bill McMannis
  • Phone: 828-676-4115
  • ResoAssociationFeeFrequency: Quarterly
  • Association Email: bill.mcmannis@firstresidential.com

Association/Amenities

  • Association Annual Expense: 2400.00

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Level, Creek/Stream, Wooded
  • Lot Size Area: 0.83
  • Lot Size Units: Acres
  • Parcel Number: 9616-48-2934-00000
  • Plat Book Slide: 84/191
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Hominy Valley/Enka
  • High School: Enka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 31, 2024
Sold by
Chiappini Theodore H and Chiappini Wendy G
Bought by
Friedman Martin Steven and Friedman Jane Vennard
Seller's Agent
Sandi Aubuchon
Premier Sotheby’s International Realty
Buyer's Agent
Eva Hartman
Town and Mountain Realty
List Price
$1,720,000
Sold Price
$1,650,000
Premium/Discount to List
-$70,000
-4.07%
Views
33
Current Estimated Value
$1,656,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,306
Avg. Annual Appreciation
0.28%
Original Mortgage
$635,900
Outstanding Balance
$627,909
Interest Rate
7.1%
Estimated Equity
$1,028,397

Purchase Details

Closed on
Oct 10, 2002
Sold by
Biltmore Farms Inc
Bought by
Chiappini Theodore H and Chiappini Wendy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.21%
Source: Public Records

Range of Values:

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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
Friedman Martin Steven $1,650,000 None Listed On Document
Chiappini Theodore H $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Martin Steven $635,900
Closed Friedman Martin Steven $766,500
Previous Owner Chiappini Theodore H $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $1,650,000 -2.7% $317 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $1,695,000 -1.5% $326 / Sq Ft
03/08/2024 03/08/24 For Sale $1,720,000 -- $330 / 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 $6,757 $1,059,700 $86,500 $973,200
2024 $6,757 $1,059,700 $86,500 $973,200
2023 $6,757 $991,000 $86,500 $904,500
2022 $5,877 $991,000 $0 $0
2021 $5,877 $991,000 $0 $0
2020 $5,657 $892,300 $0 $0
2019 $5,657 $892,300 $0 $0
2018 $5,523 $892,300 $0 $0
2017 $5,613 $734,400 $0 $0
2016 $5,097 $734,400 $0 $0
2015 $5,097 $734,400 $0 $0
2014 $5,097 $734,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4115442

Canopy MLS (Canopy Realtor® Association)

APN: 9616-48-2934-00000