NOT LISTED FOR SALE

8 Busbee Rd Asheville, NC 28803

Estimated Value: $1,625,259 - $1,812,000

5 Beds
3.5 Baths
3,529 Sq Ft
$481/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $1,465,000 $415 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,262/month

14 Days on Market

Highlights

  • 0.96 Acre Lot
  • Private Lot
  • Wooded Lot
  • T.C. Roberson High School Rated A
  • Pond
  • Vaulted Ceiling

About This Home

As of July 2022

Stately. Grand. Refined. Private. A flawless Biltmore Forest Estate. Main 1 level living beckons thx to the newer addition of a primary suite/wing on the main w/: a 2020 renovated spa ambiance bath (126 sq ft), two custom walk-in closets, a laundry room par excellence, & motorized shades in the owner's bedroom. Truly, a haven. A formal living & dining room portrays classic elegance. The library w/ a gas fireplace, natural light from 2 sets of French doors, & a wall of built-ins is a dream. The current kitchen (w/ a Butler’s Pantry) is stunning. Alfresco living (on the almost 1-acre corner lot w/ mature landscaping) is easy via the library door access to the covered porch & the three sets of French doors that call for life to be enjoyed in nature on the open flagstone patio. The Upper Level offers four bedrooms (which could also serve as offices, gyms, art studios, theaters, etc.) & 2 jack-and-jill baths. This historic home in the heart of Biltmore Forest awaits~

Last Agent to Sell the Property

Laura Livaudais

Ivester Jackson Blackstream Brokerage Email: Laura@IJBproperties.com License #129821 Listed on: 06/10/2022

Last Buyer's Agent

Janet W

Premier Sotheby’s International Realty License #211257

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 0.96 Acre Lot
  • Private Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Stone Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Storm Doors

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Garage
  • Basement Garage
  • Circular Driveway

Outdoor Features

  • Pond
  • Covered Patio or Porch
  • Fire Pit

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9647-80-7768-0000

Community Details

Overview

  • No Home Owners Association
  • Biltmore Forest Subdivision

Recreation

  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1939
  • Restrictions: Architectural Review,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Town of Biltmore Forest
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 415.13
  • Attribution Contact: Laura@IJBproperties.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Pantry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2154
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1368
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1368
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1375
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Wall Oven, Washer
  • Above Grade Finished Sq Ft: 3529
  • Has Basement: Basement, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Fire Pit, Gas Unvented, Gas Vented
  • Living Area: 3529
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hard Stucco, Stone
  • Patio And Porch Features: Covered, Patio, Rear Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Heating: Central, Electric, Forced Air, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Security: Security Service
  • Utilities: Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Playground, Pond, Recreation Area, Street Lights
  • Association: No

Schools

  • Middle Or Junior School: Valley Springs
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Level, Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9647-80-7768-0000
  • Zoning: R-1
  • Plat Book Slide: 0002/0119
  • Development Status: Completed
  • Lot Size Acres: 0.96
  • Lot Size Sq Ft: 41817
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Estes/Koontz
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 14, 2022
Sold by
Susan J Graff Living Trust
Bought by
Newth Ronald Joseph and Newth Bonnie Marie
Seller's Agent
Laura Livaudais
Ivester Jackson Blackstream
Buyer's Agent
Janet W
Premier Sotheby’s International Realty
List Price
$1,650,000
Sold Price
$1,465,000
Premium/Discount to List
-$185,000
-11.21%
Current Estimated Value
$1,696,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,565
Avg. Annual Appreciation
4.24%

Purchase Details

Listed on
May 21, 2015
Closed on
Feb 24, 2016
Sold by
Whilden David Charles and Whilden Jane Kirby
Bought by
Graff Susan J and Presser Stephen B
Seller's Agent
Viv Snyder
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Laura Livaudais
Ivester Jackson Blackstream
List Price
$975,000
Sold Price
$925,000
Premium/Discount to List
-$50,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
May 31, 2005
Sold by
Wharton William W and Wharton Elisabeth Davis
Bought by
Whilden David Charles and Whilden Jane Kirby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Newth Ronald Joseph $1,465,000 Goosmann Rose Colvard & Cramer
Graff Susan J $925,000 None Available
Whilden David Charles $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whilden David Charles $480,000
Previous Owner Whilden David Charles $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $1,465,000 -11.2% $415 / Sq Ft
06/10/2022 06/10/22 For Sale $1,650,000 +78.4% $468 / Sq Ft
02/29/2016 02/29/16 Sold $925,000 -5.1% $266 / Sq Ft View Prior Sale
12/27/2015 12/27/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $975,000 -- $280 / 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 $5,428 $1,048,700 $569,000 $479,700
2024 $5,428 $1,048,700 $569,000 $479,700
2023 $5,428 $1,048,700 $569,000 $479,700
2022 $4,991 $1,022,700 $0 $0
2021 $4,991 $1,022,700 $0 $0
2020 $4,815 $910,200 $0 $0
2019 $4,815 $910,200 $0 $0
2018 $4,815 $910,200 $0 $0
2017 $4,906 $575,900 $0 $0
2016 $3,478 $575,900 $0 $0
2015 $3,478 $575,900 $0 $0
2014 $3,478 $575,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3869656

Canopy MLS (Canopy Realtor® Association)

APN: 9647-80-7768-00000