NOT LISTED FOR SALE

8 Light Cahill Ct Biltmore Lake, NC 28715

Estimated Value: $941,720 - $1,100,000

4 Beds
2.5 Baths
2,805 Sq Ft
$358/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $670,000 $239 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,778/month

27 Days on Market

Highlights

  • Community Lake
  • Pond
  • Tennis Courts
  • Clubhouse
  • Wood Flooring
  • Fireplace

About This Home

As of February 2021

This gorgeous Biltmore Lake home sits on a small Cul-de-sac road bordering the walking trails. It has both a mountain and lake view and is built to maximize those views with a large front deck, two lake view terraces and a back deck that is perfect for entertaining. You will love hosting the holidays in this spacious home and having your dinners in this fire side dining area. Relaxing is easy in this large master bedroom, it has its own private lakeview balcony and garden tub. This community has everything you need to stay active and stay connected with tennis courts, basketball courts, 6.5 miles of trails, kayaking and kayak rentals, a beautiful club house and so much more.

Last Agent to Sell the Property

Ciera Carolan

Fox Den Realty License #289474 Listed on: 12/01/2020

Last Buyer's Agent

Jean David

GreyBeard Realty License #281367

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.51

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • 2

Home Design

  • Stone Siding

Interior Spaces

  • Tray Ceiling
  • Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Outdoor Features

  • Pond

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9616-27-3151-00000

Community Details

Overview

  • Bill Mcmanis Association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$152 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01515
  • Ratio Close Price By Original Li: 1.01515
  • Ratio Current Price By Acre: 1313725.49
  • Ratio Current Price By Sq Ft: 238.86
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1540
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Dryer, Exhaust Hood, Microwave, Natural Gas, Wall Oven, Washer
  • Fireplace Description: Natural Gas
  • Fireplace: Yes
  • Fixture Exception Description: the ceiling fan in the front left over the bar will be replaced with either a similar fan or a dining light, pictures of light option available on request.
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Garden Tub, Kitchen Island, Tray Ceiling
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1265
  • Total Sq Ft: 2805

Exterior Features

  • Construction: Cedar Shake, Hardboard Siding, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Club House, Lake, Picnic Area, Playground, Pond, Tennis Court(s)
  • Association Fee: 455.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Bill Mcmanis
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Hominy Valley/Enka
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Lake, Mountain View, Views, Water view, Year Round View
  • Lot Size Area: 0.510
  • Parcel Number: 9616-27-3151-00000
  • Plat Book Slide: 106/172
  • Plat Reference Section Pages: 106/172
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 519300.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 11, 2021
Sold by
Escaravage Todd J and Escaravage Donna W
Bought by
Segal Lilaj and Battista Andrea
Seller's Agent
Ciera Carolan
Fox Den Realty
Buyer's Agent
Jean David
GreyBeard Realty
List Price
$660,000
Sold Price
$670,000
Premium/Discount to List
$10,000
1.52%
Current Estimated Value
$1,004,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,180
Avg. Annual Appreciation
9.05%
Original Mortgage
$510,000
Outstanding Balance
$455,347
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$548,833

Purchase Details

Closed on
Mar 12, 2019
Sold by
Escaravage Todd J
Bought by
Escaravage Todd J and Escaravage Donna W

Purchase Details

Listed on
Dec 16, 2016
Closed on
Mar 30, 2017
Sold by
Biazis Andrew D and Biazis Carolyn
Bought by
Escaravage Todd J
Seller's Agent
Chuck Gallopo
Asheville Realty Group
Buyer's Agent
Ciera Carolan
Asheville Realty Group
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$424,100
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 28, 2014
Closed on
Dec 1, 2014
Sold by
Lee Peter A and Martin Virginia S
Bought by
Biazis Andrew D and Biazis Carolyn
Seller's Agent
Donna Prinz
Keller Williams Biltmore Village
Buyer's Agent
Chuck Gallopo
Asheville Realty Group
List Price
$499,000
Sold Price
$459,000
Premium/Discount to List
-$40,000
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$367,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2007
Sold by
Biltmore Lake Llc
Bought by
Lee Peter A and Martin Virginia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,974
Interest Rate
6.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Segal Lilaj -- None Available
Escaravage Todd J -- None Available
Escaravage Todd J $550,000 None Available
Biazis Andrew D $459,000 None Available
Lee Peter A $490,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segal Lilaj $510,000
Previous Owner Escaravage Todd J $424,100
Previous Owner Biazis Andrew D $367,200
Previous Owner Lee Peter A $407,974
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2021 02/11/21 Sold $670,000 +1.5% $239 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/28/2020 12/28/20 For Sale $660,000 -1.5% $235 / Sq Ft
12/26/2020 12/26/20 Off Market $670,000 -- --
12/02/2020 12/02/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $660,000 +20.0% $235 / Sq Ft
03/30/2017 03/30/17 Sold $550,000 -12.0% $193 / Sq Ft View Prior Sale
03/02/2017 03/02/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $625,000 +36.2% $219 / Sq Ft
12/02/2014 12/02/14 Sold $459,000 -8.0% $161 / Sq Ft View Prior Sale
11/14/2014 11/14/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $499,000 -- $175 / 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 $3,639 $570,800 $98,900 $471,900
2024 $3,639 $570,800 $98,900 $471,900
2023 $3,639 $570,800 $98,900 $471,900
2022 $3,385 $570,800 $98,900 $471,900
2021 $3,385 $570,800 $0 $0
2020 $3,292 $519,300 $0 $0
2019 $3,292 $519,300 $0 $0
2018 $3,214 $519,300 $0 $0
2017 $3,266 $424,200 $0 $0
2016 $2,944 $424,200 $0 $0
2015 $2,944 $424,200 $0 $0
2014 $2,944 $424,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3681465

Canopy MLS (Canopy Realtor® Association)

APN: 9616-27-3151-00000