$227,900
SOLD JUL 31, 2012

732 Mountain Cove Rd Black Mountain, NC 28711

4 Beds
3.5 Baths
2,506 Sq Ft
0.46 Acres

Recently Sold

$91 Per Sq Ft

8% Below List Price

366 Days on Market

Highlights

  • Spa
  • Fireplace
  • Brick Flooring

About This Home

As of October 2017

Gorgeous views, close to town. Currently being used as a vacation rental. Priced below appraisal. Appraisal on file. Large deck, hot tub. Separate apartment downstairs. 2 FP's, updated kitchen.

Last Agent to Sell the Property

Chip Craig

GreyBeard Realty License #175663 Listed on: 07/01/2011

Last Buyer's Agent

Paula Cooper

Asheville Realty Group License #197165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,032

Year Built

  • Built in 1962

Parking

  • Gravel Driveway

Interior Spaces

  • Fireplace

Flooring

  • Brick
  • Tile

Pool

  • Spa

Listing and Financial Details

  • Assessor Parcel Number 0720-00-0414-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,032

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.97020
  • Ratio Close Price By Original Li: 0.91729
  • Ratio Current Price By Acre: 495434.78
  • Ratio Current Price By Sq Ft: 90.94
  • Year Built: 1962
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cooktop Electric, Dishwasher, Wall Oven
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Brick, Tile
  • Interior Amenities: Hot Tub
  • Sq Ft Basement: 1158
  • Main Level Sq Ft: 1348
  • Total Sq Ft: 2506
  • Sq Ft Unheated Basement: 190

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.460
  • Parcel Number: 0720-00-0414-00000
  • Plat Reference Section Pages: 2177
  • Zoning Specification: R-1

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Available
Warranty Deed $228,000 None Available
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $292,500 New Conventional
Previous Owner $182,000 Unknown
Previous Owner $13,000 Credit Line Revolving
Previous Owner $101,250 Purchase Money Mortgage
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: CARNCM490556

Canopy MLS (Canopy Realtor® Association)

APN: 0720-00-0414-00000