NOT LISTED FOR SALE

77 Summit Tower Cir Unit 246 Asheville, NC 28804

Estimated Value: $2,514,000 - $3,961,099

0.92 Acre
$3,512,354 Price per Acre
40,075 Sq Ft Lot

Last Sold January 19, 2021

Last sale price $630,000

Est. 413% increase in value since last sale

Current estimated payment $19,607/month

147 Days on Market

Highlights

  • Recreation Facilities
  • Many Trees
  • Level Lot
  • Asheville High Rated A-

About This Lot

As of January 2021

Build your custom home on one of the most coveted homesites in Reynolds Mountain featuring gentle, level topography which affords flexibility in various home designs and styles while keeping site prep costs low. With southern, eastern and western views, capture the sunrise and sunset across the Blue Ridge Mountains, downtown Asheville and the Grove Park Inn. Take advantage of the natural surroundings with an expansive outdoor living area to enjoy the year-round pleasant temperatures at nearly 3,000 feet in elevation while experiencing immense privacy and year-round views. Only minutes from downtown, grocery stores, restaurants, healthcare, and the interstate. Underground city utilities available.

Last Agent to Sell the Property

Brian Etheridge

Premier Sotheby’s International Realty License #241454 Listed on: 07/03/2020

Premier Sotheby’s International Realty

Last Buyer's Agent

Gaia Goldman

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #280804

Howard Hanna Beverly-Hanks Asheville-Biltmore Park

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $100 Monthly HOA Fees

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 973190957000000

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-6875

Recreation

  • Recreation Facilities

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.94170
  • Ratio Close Price By Original Li: 0.94170
  • Ratio Current Price By Acre: 684782.61
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • H O A Management Phone: 8286506875

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer, Tap Fee Required
  • Water: City Water, Tap Fee Required

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Asheville City
  • Middle School: Asheville
  • High School: Asheville

Lot Info

  • Lot Dimension: 165x262x166x278
  • Lot Features: City View, Level, Long Range View, Mountain View, Trees, Views, Year Round View
  • Lot Size Area: 0.920
  • Parcel Number: 973190957000000
  • Zoning Specification: R21
  • Plat Book Slide: 92/73
  • Wooded Acres: 0.92

Tax Info

  • Tax Value: 344200.00
  • Tax Location: Woodfin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Jan 11, 2021
Sold by
Owen Kenneth J and Owen Tammy R
Bought by
Ellison Lee M and Ellison Mary S
Seller's Agent
Brian Etheridge
Premier Sotheby’s International Realty
Buyer's Agent
Gaia Goldman
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$669,000
Sold Price
$630,000
Premium/Discount to List
-$39,000
-5.83%
Current Estimated Value
$3,231,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,601,366
Avg. Annual Appreciation
41.39%

Purchase Details

Listed on
Jun 26, 2015
Closed on
Nov 24, 2015
Sold by
Stankevitch William and Stankevitch Frank
Bought by
Owen Kenneth J and Owen Tammy R
Seller's Agent
Carol Dodge
RE/MAX Results
Buyer's Agent
Rachel Acker
Nest Realty Asheville
List Price
$449,000
Sold Price
$375,000
Premium/Discount to List
-$74,000
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Songbird Development Group Ii Llc
Bought by
Stankevitch William and Stankevitch Fran
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
Ellison Lee M $630,000 None Available
Owen Kenneth J $375,000 None Available
Stankevitch William $750,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2021 01/19/21 Sold $630,000 -5.8% --
11/27/2020 11/27/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $669,000 +78.4% --
11/24/2015 11/24/15 Sold $375,000 -16.5% -- View Prior Sale
10/28/2015 10/28/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $449,000 -- --
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 $27,700 $2,610,100 $406,300 $2,203,800
2024 $27,700 $2,610,100 $406,300 $2,203,800
2023 $27,700 $1,065,900 $406,300 $659,600
2022 $4,185 $406,300 $0 $0
2021 $4,185 $406,300 $0 $0
2020 $3,714 $344,200 $0 $0
2019 $3,714 $344,200 $0 $0
2018 $3,542 $344,200 $0 $0
2017 $3,576 $310,600 $0 $0
2016 $3,600 $310,600 $0 $0
2015 $3,600 $310,600 $0 $0
2014 $3,600 $310,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3637369

Canopy MLS (Canopy Realtor® Association)

APN: 9731-90-9570-00000