NOT LISTED FOR SALE

803 Lakey Gap Rd Black Mountain, NC 28711

Estimated Value: $564,000 - $750,000

3 Beds
2.5 Baths
2,113 Sq Ft
$317/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $350,000 $166 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,800/month

179 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Cathedral Ceiling
  • Open Floorplan
  • Engineered Wood Flooring
  • Attic

About This Home

As of January 2020

Perfect location..experience beautiful mountain sunsets from your front deck or a private mountain oasis on your back patio in one of Black Mountain's most desirable neighborhoods. Take evening strolls through the picturesque Cheshire Community, close to the quaint downtown of Black Mountain. This in-town mountain getaway has an open floor plan, vaulted ceilings, incredible natural light, mountain views, cedar siding, wood floors, large bedrooms, old English stained glass, storage galore, a brand new heating and air system, and roof and gutters that are less than 2 years old. Basement includes a bonus room, 2 car garage, and a storage room with the rough-in for a bathroom. Backyard is ideal for entertaining with a stone patio and custom fire pit, a relaxing hot tub, and a one-of-a-kind tree house. Additional exterior features include a storage building, artistic wood trellises, 2 small prolific frog pools, and a huge, mature perennial flower garden.

Last Agent to Sell the Property

Denice Niethammer

Seller's Resource Group License #249805 Listed on: 06/20/2019

Last Buyer's Agent

Jon Galbreath

Higher Ground Properties License #310573

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.33

Parking

  • 2

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Oven
  • Attic

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Spa
  • Fire Pit
  • Shed

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0619-50-9409-00000

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.95890
  • Ratio Close Price By Original Li: 0.89744
  • Ratio Current Price By Acre: 1060606.06
  • Ratio Current Price By Sq Ft: 165.64
  • Year Built: 1993
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Block, Concrete, Slab
  • Upper Level Sq Ft: 700
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Oven, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Walk-in, Built-Ins, Cable Available, Cathedral Ceiling(s), Open Floorplan, Pantry, Skylight(s), Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 300
  • Main Level Sq Ft: 1113
  • Total Sq Ft: 2113
  • Sq Ft Unheated Basement: 720
  • Sq Ft Unheated Total: 820
  • Sq Ft Unheated Upper: 100

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Shed(s), Fire pit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Baseboard Heat, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Unspecified
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Dimension: 100x141x103x139
  • Lot Features: Mountain View, Sloping, Year Round View
  • Lot Size Area: 0.330
  • Parcel Number: 0619-50-9409-00000
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 272100.00
  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jan 17, 2020
Sold by
Matlack Stephen B and Lyons Lisa
Bought by
Botnick Ranid Fern
Seller's Agent
Denice Niethammer
Seller's Resource Group
Buyer's Agent
Jon Galbreath
Higher Ground Properties
List Price
$389,999
Sold Price
$350,000
Premium/Discount to List
-$39,999
-10.26%
Current Estimated Value
$668,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,930
Avg. Annual Appreciation
11.92%
Original Mortgage
$280,000
Outstanding Balance
$247,391
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$421,539

Purchase Details

Closed on
Jan 30, 2006
Sold by
Getchell Mary E
Bought by
Matlack Stephen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.15%
Mortgage Type
Fannie Mae Freddie Mac
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
Botnick Ranid Fern $350,000 None Available
Matlack Stephen B $248,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Botnick Ranid Fern $280,000
Previous Owner Matlack Stephen B $198,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $350,000 -4.1% $166 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $365,000 -2.6% $173 / Sq Ft
10/09/2019 10/09/19 Price Changed $374,777 -1.4% $177 / Sq Ft
08/31/2019 08/31/19 Price Changed $379,999 -2.6% $180 / Sq Ft
07/26/2019 07/26/19 For Sale $389,999 0.0% $185 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $389,999 -- $185 / 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 $3,044 $363,000 $40,600 $322,400
2024 $3,044 $363,000 $40,600 $322,400
2023 $3,044 $363,000 $40,600 $322,400
2022 $2,882 $363,000 $0 $0
2021 $2,791 $351,500 $0 $0
2020 $2,344 $272,100 $0 $0
2019 $2,344 $272,100 $0 $0
2018 $2,344 $272,100 $0 $0
2017 $2,371 $228,200 $0 $0
2016 $2,234 $228,200 $0 $0
2015 $2,234 $228,200 $0 $0
2014 $2,234 $228,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3521046

Canopy MLS (Canopy Realtor® Association)

APN: 0619-50-9409-00000