NOT LISTED FOR SALE

Estimated Value: $637,000 - $891,000

0.17 Acre
$4,744,565 Price per Acre
7,405 Sq Ft Lot

Last Sold December 16, 2020

Last sale price $123,500

Est. 556% increase in value since last sale

Current estimated payment $5,105/month

355 Days on Market

Highlights

  • Wooded Lot
  • Recreation Facilities
  • Trails
  • West Buncombe Elementary Rated A-
  • Front Green Space
  • Level Lot

About This Lot

As of December 2020

This lot boasts partial French Broad River views and unparalleled access to the river via an expansive private river park. Olivette is a thoughtfully planned community featuring a working farm, community gardens, walking trails, a 7-acre riverfront park including a pavilion & fireplace, fire circle amphitheater, suspended bridge to a private island, and labyrinth. Olivette Farm is an integral part of this unique agrihood community as are river sports and fly fishing.

Last Agent to Sell the Property

Allison Smith

Olivette Realty LLC License #236436 Listed on: 11/09/2019

Co-Listed By

Elliott Nailen

Elliott Nailen Real Estate License #244895

Last Buyer's Agent

Allison Smith

Olivette Realty LLC License #236436 Listed on: 11/09/2019

Property Details

Property Type

  • Land

Lot Details

  • Front Green Space
  • Level Lot
  • Wooded Lot

HOA Fees

  • $175 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9721725999
  • Tax Block 016

Community Details

Recreation

  • Recreation Facilities
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Acre: 726470.59
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Recreation Area, Walking Trails
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: West Buncombe/Eblen
  • Middle School: Clyde A Erwin
  • High School: Clyde A Erwin

Lot Info

  • Lot Dimension: per plat
  • Lot Features: Green Area, Level, Long Range View, Water view, Wooded, Year Round View
  • Lot Size Area: 0.170
  • Parcel Number: 9721725999
  • Zoning Specification: MV
  • Plat Book Slide: 148
  • Plat Reference Section Pages: 0588

Tax Info

  • Tax Value: 66400.00
  • Tax Amount Ncm: 772.89
  • Tax Block: 016
  • Tax Location: Woodfin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2019
Closed on
Dec 2, 2020
Sold by
Olivette Development Llc
Bought by
Frost David M and Frost Vicki A
Seller's Agent
Allison Smith
Olivette Realty LLC
Buyer's Agent
Allison Smith
Olivette Realty LLC
List Price
$130,000
Sold Price
$123,500
Premium/Discount to List
-$6,500
-5%
Current Estimated Value
$809,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,320
Avg. Annual Appreciation
48.19%
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
Frost David M $123,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost David M $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $123,500 -5.0% --
10/29/2020 10/29/20 Pending -- -- --
11/09/2019 11/09/19 For Sale $130,000 -- --
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
2023 $5,492 $554,700 $128,500 $426,200
2022 $1,225 $128,500 $0 $0
2021 $1,225 $128,500 $0 $0
2020 $648 $64,900 $0 $0
2019 $648 $64,900 $0 $0
2018 $609 $64,900 $0 $0
2017 $609 $64,900 $0 $0
2016 $668 $64,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3566894

Canopy MLS (Canopy Realtor® Association)

APN: 9721-72-5999-00000