NOT LISTED FOR SALE

732 Mountain Cove Rd Black Mountain, NC 28711

Estimated Value: $524,000 - $603,000

3 Beds
4 Baths
2,506 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $325,000 $130 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,369/month

110 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Skylights
  • Private Lot
  • Wood Flooring
  • Walk-In Closet

About This Home

As of October 2017

Charming mid century ranch offering exceptional unobstructed layered mountain sunset VIEWS! Over 2500 square feet on two levels w/ brand new kitchen and powder room; gas log fireplace on each level, vaulted great room, hardwood and ceramic, art studio/work space under roof (190 sf), new storage barn. Low maintenance yard with well maintained paved roads. Privacy but easy access to downtown. Mostly one level living with open floor plan and guest space downstairs. Includes Adjacent 1.02 ac. lot!

Last Agent to Sell the Property

Paula Cooper

Asheville Realty Group License #197165 Listed on: 05/05/2017

Last Buyer's Agent

Paula Cooper

Asheville Realty Group License #197165 Listed on: 05/05/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • Private Lot
  • Many Trees

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • Open Floorplan
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Storage Room

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Shed
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 0720-00-0414-00000

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.92884
  • Ratio Close Price By Original Li: 0.81270
  • Ratio Current Price By Acre: 219594.59
  • Ratio Current Price By Sq Ft: 129.69
  • Year Built: 1962
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Exhaust Hood, Washer, Propane, Gas Oven
  • Fireplace Description: Den, Fireplace Insert, Gas Logs, Gas Unvented, Living Room, Propane
  • Fireplace: Yes
  • Fixture Exception Description: Florentine chandelier Downstairs
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Vinyl, Wood
  • Interior Amenities: Basement Shop, Built-Ins, Open Floorplan, Skylight(s), Split BR Plan, Storage Unit, Walk-In Closet(s), Window Treatments
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1158
  • Main Level Sq Ft: 1348
  • Total Sq Ft: 2506
  • Sq Ft Unheated Basement: 190
  • Sq Ft Unheated Total: 190

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat, Propane
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 624.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Long Range View, Private, Sloping, Trees, Views, Year Round View
  • Lot Size Area: 1.480
  • Parcel Number: 0720-00-0414-00000
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 226600.00
  • Tax Amount Ncm: 226600.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Oct 6, 2017
Sold by
Butterfield Faith
Bought by
Yetter Jeff
Seller's Agent
Paula Cooper
Asheville Realty Group
Buyer's Agent
Paula Cooper
Asheville Realty Group
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%
Current Estimated Value
$568,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,336
Avg. Annual Appreciation
7.07%
Original Mortgage
$292,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2011
Closed on
Jul 26, 2012
Sold by
Uddin Arrachne
Bought by
Butterfield Faith
Seller's Agent
Chip Craig
GreyBeard Realty
Buyer's Agent
Paula Cooper
Asheville Realty Group
List Price
$248,450
Sold Price
$227,900
Premium/Discount to List
-$20,550
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Sep 23, 1999
Sold by
Johnson Richard I and Johnson Ellen P
Bought by
Uddin Arrachme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Yetter Jeff $325,000 None Available
Butterfield Faith $228,000 None Available
Uddin Arrachme $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yetter Jeff $280,000
Closed Yetter Jeff $292,500
Previous Owner Uddin Arrachme N $182,000
Previous Owner Uddin Arrachme N $13,000
Previous Owner Uddin Arrachme $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $325,000 -18.7% $130 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $399,900 +75.5% $160 / Sq Ft
07/31/2012 07/31/12 Sold $227,900 -8.3% $91 / Sq Ft
07/01/2012 07/01/12 Pending -- -- --
07/01/2011 07/01/11 For Sale $248,450 -- $99 / 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
2023 $2,032 $325,400 $37,400 $288,000
2022 $1,936 $325,400 $0 $0
2021 $1,936 $325,400 $0 $0
2020 $1,830 $281,900 $0 $0
2019 $1,830 $281,900 $0 $0
2018 $1,833 $282,500 $0 $0
2017 $1,206 $189,900 $0 $0
2016 $1,335 $189,900 $0 $0
2015 $1,335 $189,900 $0 $0
2014 $1,335 $189,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3278584

Canopy MLS (Canopy Realtor® Association)

APN: 0720-00-0414-00000