Seller's Agent in 2022
Cynthia Thornton
Keller Williams Elite Realty
(828) 776-2034
1 in this area
33 Total Sales
78 Riddle Rd Swannanoa, NC 28778
Estimated Value: $1,049,000 - $1,407,000
4
Beds
4
Baths
2,901
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wooded Lot
- Arts and Crafts Architecture
- Deck
- Marble Flooring
- Walk-In Closet
About This Home
As of December 2022Surrounded by the Blue Ridge Mountains with absolutely PHENOMENAL VIEWS, this 4 (or 5) bedroom home on 3.55 unrestricted acres (R-1 county zoning) is ideal for community living, permaculture farming, and potential income producing accessory units such as ecolodges. The home was thoughtfully designed to accommodate ADA separate living quarters. Solar power, low EMF readings and natural energy, the home and acreage evoke an essence of well-being. Indulge your desire for growing organic vegetables. both in-ground and in existing raised beds, and raise some chickens. A detailed permaculture design for the property is available. Electric-$17/mo, Propane-$12/Mo (Range & FP), City Water-$45/Mo. Easy 10 mile drive to historic Asheville; 10 minutes to downtown Black Mountain; Only 2 miles to: Warren Wilson College's many cultural activities, Owen Park, hiking, groceries, dining & live entertainment. 30 minutes to the Asheville Airport. Modification ideas to have 5 Bedrooms and 4.5 bathrooms.
Last Agent to Sell the Property
Keller Williams Elite Realty License #183283 Listed on: 11/06/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 2015
Lot Details
- Fenced
- Paved or Partially Paved Lot
- Level Lot
- Open Lot
- Cleared Lot
- Wooded Lot
Parking
- 1 to 5 Parking Spaces
Home Design
- Arts and Crafts Architecture
- Slab Foundation
- Shingle Siding
Interior Spaces
- Open Floorplan
- Ceiling Fan
- Window Treatments
- Great Room with Fireplace
- Pull Down Stairs to Attic
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Deck
- Shed
Schools
- Wd Williams Elementary School
- Charles D Owen Middle School
- Charles D Owen High School
Farming
- Machine Shed
- Pasture
Utilities
- Zoned Heating System
- Vented Exhaust Fan
- Heating System Uses Propane
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 9689-36-8606-00000
- Tax Block Lot 2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2022
Closed on
Dec 21, 2022
Sold by
Anderson Savoy Trudy
Bought by
Thompson Lemuel Herbert and Thompson Heidi Jean
Seller's Agent
Cynthia Thornton
Keller Williams Elite Realty
Buyer's Agent
Laurie Reese
Reese Real Estate Inc
List Price
$1,125,000
Sold Price
$995,000
Premium/Discount to List
-$130,000
-11.56%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,292
Avg. Annual Appreciation
6.29%
Original Mortgage
$695,000
Outstanding Balance
$665,524
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$517,768
Purchase Details
Listed on
Oct 4, 2020
Closed on
Nov 19, 2020
Sold by
Madden Blake D and Madden Whitney N
Bought by
Savoy Trudy Anderson
Seller's Agent
Denice Niethammer
Seller's Resource Group
Buyer's Agent
Jackie Tatelman
Jason Land Realty
List Price
$735,650
Sold Price
$750,000
Premium/Discount to List
$14,350
1.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 4, 2015
Closed on
Jun 4, 2015
Sold by
Steady Aim Inc
Bought by
Madden Whitney N and Madden Blake D
Seller's Agent
Rachel Rowlinson
The Builder's Wife
Buyer's Agent
Pam Autrey-Hester
Preferred Properties
List Price
$475,000
Sold Price
$475,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$380,000
Interest Rate
3.77%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thompson Lemuel Herbert | $995,000 | -- | |
| Savoy Trudy Anderson | $750,000 | Accommodation | |
| Madden Whitney N | $475,000 | -- | |
| Madden Whitney N | $475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thompson Lemuel Herbert | $695,000 | |
| Previous Owner | Savoy Trudy Anderson | $510,400 | |
| Previous Owner | Madden Whitney N | $380,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/21/2022 12/21/22 | Sold | $995,000 | -11.6% | $343 / Sq Ft | |
| 11/21/2022 11/21/22 | For Sale | $1,125,000 | 0.0% | $388 / Sq Ft | |
| 11/21/2022 11/21/22 | Pending | -- | -- | -- | |
| 11/06/2022 11/06/22 | For Sale | $1,125,000 | +50.0% | $388 / Sq Ft | |
| 11/20/2020 11/20/20 | Sold | $750,000 | +2.0% | $275 / Sq Ft | View Prior Sale |
| 10/08/2020 10/08/20 | Pending | -- | -- | -- | |
| 10/04/2020 10/04/20 | For Sale | $735,650 | +54.9% | $270 / Sq Ft | |
| 06/04/2015 06/04/15 | Sold | $475,000 | 0.0% | $223 / Sq Ft | View Prior Sale |
| 06/03/2015 06/03/15 | Pending | -- | -- | -- | |
| 05/04/2015 05/04/15 | For Sale | $475,000 | -- | $223 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | -- | $678,400 | $103,400 | $575,000 |
| 2024 | -- | $678,400 | $103,400 | $575,000 |
| 2023 | $4,328 | $678,400 | $103,400 | $575,000 |
| 2022 | $4,008 | $638,200 | $0 | $0 |
| 2021 | $4,008 | $638,200 | $0 | $0 |
| 2020 | $3,684 | $550,600 | $0 | $0 |
| 2019 | $3,684 | $550,600 | $0 | $0 |
| 2018 | $3,684 | $550,600 | $0 | $0 |
| 2017 | $3,678 | $355,400 | $0 | $0 |
| 2016 | $2,605 | $355,400 | $0 | $0 |
| 2015 | $361 | $49,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Thornton
-
Laurie Reese
Buyer's Agent in 2022
Laurie Reese
Reese Real Estate Inc
(828) 215-4349
6 in this area
128 Total Sales
-
D
Seller's Agent in 2020
Denice Niethammer
Seller's Resource Group
-
J
Buyer's Agent in 2020
Jackie Tatelman
Jason Land Realty
-
R
Seller's Agent in 2015
Rachel Rowlinson
The Builder's Wife
-
P
Buyer's Agent in 2015
Pam Autrey-Hester
Preferred Properties
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3920355
APN: 9689-36-8606-00000
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