NOT LISTED FOR SALE

8 River Mead Ct Asheville, NC 28804

Estimated Value: $575,000 - $636,000

4 Beds
2.5 Baths
2,643 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $490,000 $185 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,547/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Recreation Facilities
  • Walk-In Closet
  • Wood Flooring
  • Tray Ceiling
  • Breakfast Bar

About This Home

As of August 2022

No electric bill, low-maintenance yard, and new carpet installed! Tucked into a quiet cul-de-sac in Woodfin yet only 10 minutes to downtown Asheville and a stone’s throw to the French Broad River, all the local parks and shopping amenities - sits this 4 bed/2.5 bath traditional home with modern attributes which offers every comfort for a large family or those who love to entertain. Gather in your eat-in kitchen, entertain in the formal dining room & let the fun spill outdoors: level backyard & covered patio w/ stairs up the berm to a soccer field! Guests have plenty of options w/ 3 guest bedrooms as you retreat to the primary suite with updated en suite bathroom. Additional office/bonus room on main, two car garage, completely offset electricity bill w/ new solar panels ensure living is easy. Spend your days flying a kite in the field, counting cherry blossoms throughout the neighborhood, launching your kayak in the French Broad River, or enjoying one of the breweries nearby.

Last Agent to Sell the Property

Jeff Stewart

Unique: A Real Estate Collective License #264194 Listed on: 05/19/2022

Co-Listed By

Dave Cash

Unique: A Real Estate Collective License #236508

Last Buyer's Agent

Hart Dahlhauser

Hart of the Valley Realty, LLC License #275260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 2008

Lot Details

  • Front Green Space
  • Level Lot
  • Zoning described as CWO-R7

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Patio

Schools

  • Woodfin/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 973025107000000

Community Details

Overview

  • Riverwalk HOA
  • Riverwalk Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,804

Year Built

Built in 2008

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2008
  • Ratio Current Price By Acre: 1960000.00
  • Restrictions: No Representation
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.40
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Garden Tub, Pantry, Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1171
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 508
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 508
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1472
  • Porch: Back,Covered,Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2643
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Woodfin
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 508
  • Parking Features: Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Green Building Features: g-Photovoltaic – Solar Power
  • Laundry Features: Upper Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Recreation Area
  • Association Fee: 235
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Riverwalk HOA
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required
  • HOA Email: support@mycmg
  • CAR_YearlyHOAExpense: 235.00

Lot Info

  • Lot Features: Green Area, Level, Sloped
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 973025107000000
  • Plat Book Slide: 0116/0182
  • Zoning Description: CWO-R7

Tax Info

  • RATIO List Price By Tax Amount: 1.42558

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Woodfin/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 21, 2022
Sold by
Findeiss Meagan P and Findeiss James C
Bought by
Paladugu Rajesh and Grette Katherine V
Seller's Agent
Jeff Stewart
Unique: A Real Estate Collective
Buyer's Agent
Hart Dahlhauser
Hart of the Valley Realty, LLC
List Price
$569,900
Sold Price
$490,000
Premium/Discount to List
-$79,900
-14.02%
Current Estimated Value
$602,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,398
Avg. Annual Appreciation
6.84%
Original Mortgage
$490,000
Outstanding Balance
$461,100
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$141,298

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 21, 2019
Sold by
Timmins Ian Jeffrey and Timmins Gaileanne R
Bought by
Findeiss Meagan P and Findeiss James C
Seller's Agent
Joanna Baker
Patton Allen Real Estate LLC
Buyer's Agent
Mike Romero
Stem Realty Group
List Price
$365,000
Sold Price
$357,500
Premium/Discount to List
-$7,500
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$339,625
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
French Patrick C
Bought by
Timmins Ian Jeffery and Drake Gaileanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,100
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2008
Sold by
Windsor/Aughtry Company Inc
Bought by
French Patrick C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
5.89%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Paladugu Rajesh $490,000 Goosmann Rose Colvard & Cramer
Findeiss Meagan P $357,500 None Available
Timmins Ian Jeffery $229,000 None Available
French Patrick C $251,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paladugu Rajesh $490,000
Previous Owner Findeiss James C $336,300
Previous Owner Findeiss Meagan P $339,625
Previous Owner Timmins Ian Jeffery $206,100
Previous Owner French Patrick C $151,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $490,000 -6.6% $185 / Sq Ft
06/23/2022 06/23/22 Price Changed $524,900 -4.5% $199 / Sq Ft
06/10/2022 06/10/22 Price Changed $549,500 -0.1% $208 / Sq Ft
05/25/2022 05/25/22 Price Changed $549,900 -3.5% $208 / Sq Ft
05/19/2022 05/19/22 For Sale $569,900 +59.4% $216 / Sq Ft
06/25/2019 06/25/19 Sold $357,500 -0.4% $140 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $359,000 -1.6% $140 / Sq Ft
05/03/2019 05/03/19 For Sale $365,000 -- $143 / 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
2024 $3,804 $394,600 $53,000 $341,600
2023 $3,804 $394,600 $53,000 $341,600
2022 $3,402 $368,200 $0 $0
2021 $3,402 $368,200 $0 $0
2020 $2,829 $295,000 $0 $0
2019 $2,829 $295,000 $0 $0
2018 $2,682 $295,000 $0 $0
2017 $2,711 $232,100 $0 $0
2016 $2,342 $232,100 $0 $0
2015 $2,342 $232,100 $0 $0
2014 $2,342 $232,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3860926

Canopy MLS (Canopy Realtor® Association)

APN: 9730-25-1070-00000