NOT LISTED FOR SALE

78 Summit Tower Cir Asheville, NC 28804

Estimated Value: $3,282,000 - $3,805,200

3 Beds
3 Baths
6,111 Sq Ft
$580/Sq Ft Est. Value

About This Home

This home is located at 78 Summit Tower Cir, Asheville, NC 28804 and is currently estimated at $3,543,600, approximately $579 per square foot. 78 Summit Tower Cir is a home with nearby schools including Woodfin Elementary, Clyde A. Erwin Middle School, and Eblen Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2017
Sold by
Morris Augustus R and Morris Victoria L
Bought by
Morris Augustus R
Current Estimated Value
$3,256,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 31, 2016
Sold by
Adams John Nicholas and Adams Gale Lynn
Bought by
Morris Augustus R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2014
Sold by
Duncan Joel W and Forbis Patricia L
Bought by
Adams John Nicholas and Adams Gale Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Reynolds Mountain Development Llc
Bought by
Duncan Joel W and Forbis Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,900
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Morris Augustus R -- None Available
Morris Augustus R $400,000 None Available
Adams John Nicholas $300,000 None Available
Duncan Joel W $326,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Augustus R $2,000,000
Closed Morris Augustus R $2,000,000
Closed Morris Augustus R $300,000
Previous Owner Adams John Nicholas $50,000
Previous Owner Duncan Joel W $325,900
Source: Public Records

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 $18,749 $1,956,100 $574,900 $1,381,200
2022 $18,072 $1,956,100 $0 $0
2021 $15,610 $1,689,600 $0 $0
2020 $2,919 $304,400 $0 $0
2019 $2,919 $304,400 $0 $0
Source: Public Records

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