NOT LISTED FOR SALE

79 Forest Lake Dr Asheville, NC 28803

Estimated Value: $686,000 - $731,000

3 Beds
3 Baths
2,140 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $675,000 $315 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,014/month

33 Days on Market

Highlights

  • Waterfall on Lot
  • Community Lake
  • Contemporary Architecture
  • T.C. Roberson High School Rated A
  • Deck
  • Pond

About This Home

As of August 2022

Don’t miss the best house on the best lot in the desirable Forest Lake community within the City of Asheville. This special home is nestled at the far corner of the community and is adjacent to Biltmore Estate owned property and the Blue Ridge Parkway allowing for a private, peaceful, nearly level back yard to enjoy from the expanded and updated deck. This 3 bedroom, 3 bath home is full of custom detail and has many upgraded and updated features. The outdoor spaces are exquisite with a water fall feature and stream complete with a Koi pond full of mature fish. This home is eligible as a vacation rental home when properly permitted by the City of Asheville. There is a full, unfinished and daylighted basement with a full bathroom. Forest Lake offers walking trails and a lake with fishing. This home is central and convenient to shopping, breweries and fine restaurants as well as all the outdoor activities our area is famous for. Schedule a showing before this one is gone!

Last Agent to Sell the Property

Scott Browne

Team Browne LLC License #146747 Listed on: 07/02/2022

Team Browne LLC

Co-Listed By

Carol Browne

Keller Williams Professionals License #148360

Last Buyer's Agent

Jennie Sanchez

Asheville Realty Group License #311237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,595

Year Built

  • Built in 1993

Lot Details

  • Paved or Partially Paved Lot
  • Zoning described as R2MF

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • European Architecture
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Basement Garage

Outdoor Features

  • Pond
  • Deck
  • Waterfall on Lot
  • Fire Pit
  • Rear Porch

Schools

  • William Estes Elementary School
  • Valley Springs Middle School
  • T.C. Roberson High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 965750601300000

Community Details

Overview

  • Forest Lake HOA
  • Forest Lake Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,595

Year Built

Built in 1993

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, European
  • Year Built: 1993
  • Ratio Current Price By Acre: 1730769.23
  • Restrictions: Architectural Review,Short Term Rental Allowed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 315.42
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Basement Garage Door
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Vaulted Ceiling, Whirlpool
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2140
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2140
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2140
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Deck
  • Fixture Exception Description: Primary bedroom chandelier, living room chandelier, basement freezer and electric fence equipment.
  • Appliances: Dishwasher, Dryer, Gas Oven, Gas Range, Microwave, Natural Gas, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Vented, Gas
  • Living Area: 2140
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fire Pit, Underground Power Lines, Wired Internet Available
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Asheville
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Attached Garage, Basement, Garage - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace, Gas Water Heater, Heat Pump, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas,Natural Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Picnic Area, Playground, Street Lights, Walking Trails
  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Forest Lake HOA
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: Required
  • HOA Email: forestlakeownersassociation@gmail.com
  • CAR_YearlyHOAExpense: 275.00

Lot Info

  • Lot Features: Waterfall, Paved, Pond(s)
  • Lot Size Units: Acres
  • Parcel Number: 965750601300000
  • Plat Book Slide: 60/170
  • Zoning Description: R2MF

Tax Info

  • RATIO List Price By Tax Amount: 1.86981

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: William Estes
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Jul 26, 2022
Sold by
Graves Malgorzata A
Bought by
Skeels Althea L A
Seller's Agent
Scott Browne
Team Browne LLC
Buyer's Agent
Jennie Sanchez
Asheville Realty Group
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Views
2
Current Estimated Value
$698,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,752
Avg. Annual Appreciation
1.05%
Original Mortgage
$540,000
Outstanding Balance
$517,473
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$181,279

Purchase Details

Closed on
Jan 10, 2000
Sold by
Graves Michael K and Graves Malgorzata A
Bought by
Graves Michael K and Graves Malgorzata A

Purchase Details

Closed on
May 1, 1997
Sold by
Graves Michael K
Bought by
Graves
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Skeels Althea L A $675,000 Goosmann Rose Colvard & Cramer
Graves Michael K -- --
Graves -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skeels Althea L A $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $675,000 0.0% $315 / Sq Ft
07/05/2022 07/05/22 Price Changed $675,000 -3.6% $315 / Sq Ft
07/02/2022 07/02/22 For Sale $700,000 -- $327 / 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
2025 $3,595 $387,900 $76,200 $311,700
2024 $3,595 $387,900 $76,200 $311,700
2023 $3,595 $387,900 $76,200 $311,700
2022 $3,247 $364,400 $0 $0
2021 $3,217 $361,000 $0 $0
2020 $3,176 $331,600 $0 $0
2019 $3,176 $331,600 $0 $0
2018 $3,176 $331,600 $0 $0
2017 $3,210 $260,400 $0 $0
2016 $2,810 $260,400 $0 $0
2015 $2,810 $260,400 $0 $0
2014 $2,771 $260,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3878392

Canopy MLS (Canopy Realtor® Association)

APN: 9657-50-6013-00000