NOT LISTED FOR SALE

804 Montreat Rd Black Mountain, NC 28711

5 Beds
5 Baths
3,866 Sq Ft
1.37 Acres

Last Sold September 24, 2018

Last sale price $450,000 $116 Per Sq Ft

328 Days on Market

Highlights

  • Fruit Trees
  • Pond
  • Terrace
  • Private Lot
  • Wood Flooring
  • Cottage

About This Home

As of September 2018

1.37 Acres , Nicely Located between Montreat and Downtown Black Mountain. In town Private Estate with a Pond! Great rental history. Make this special place your own family compound, Air-bnb, Vacation Rental/Rentals, And/or easily convert into duplexes, for maximum income potential. Main living quarters, guest home, and garage apartment. Also has single car garage and out building. Conveniently located, easy, level access. Sidewalks leading to hiking trails, green-ways, near-by parks, and award winning public golf course. Many possibilities. Subdivide, room to build, add on. Art studio/ Workshop. Zoned UR8 (8 homes/acre),And lots of greenspace with flowing creek/Pond. Imagine off grid property.Very nice land with Southern Exposure. Income producing. Possible Mortgage pmt free and clear. A Very Nice Opportunity. No HOA fees! A Rare find. No rent increases in 11 years. Many updates.This property has a caretaker and renters, 24 hour notice is needed. Its A must see.

Last Agent to Sell the Property

Benjamin Ford

Mountain Vista Properties License #192852 Listed on: 10/06/2017

Last Buyer's Agent

Stephen Duncan

Howard Hanna Beverly-Hanks Asheville-Downtown License #123844

Howard Hanna Beverly-Hanks Asheville-Downtown

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Private Lot
  • Level Lot
  • Open Lot
  • Fruit Trees
  • Many Trees

Parking

  • 2

Home Design

  • Cottage

Interior Spaces

  • 5 Full Bathrooms
  • Wood Burning Fireplace
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Wood Flooring
  • Crawl Space

Outdoor Features

  • Pond
  • Terrace
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0619-39-3770-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.92025
  • Ratio Close Price By Original Li: 0.58824
  • Ratio Current Price By Acre: 328467.15
  • Ratio Current Price By Sq Ft: 116.40
  • Year Built: 1920
  • Property Features: Fireplace, Porch/Patio, Shop - Garage
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Basement Outside Entrance, Block, Brick, Crawl Space
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Equipment: Cooktop Gas, Dryer, Microwave, Natural Gas, Exhaust Hood, Refrigerator, Washer
  • Fireplace Description: Bonus Room, Den, FAMILYRM, Kitchen, Living Room, Natural Gas, Rec Room, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Total Sq Ft: 3866

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s), Terrace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Driveway, Garage - 2 Car, Lot, Parking Space - 4+

Utilities

  • Heating: Central Air, Ductless/Mini-Split System, Electric Baseboard Heat, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric, Natural Gas

Condo/Co-op/Association

  • Community Features: Pond, Sidewalk, Street Lights

Lot Info

  • Lot Features: Fruit Trees, Green Area, Level, Open Lot, Paved Frontage, Lake, Private, Stream/Creek, Trees, Views
  • Parcel Number: 0619-39-3770-00000
  • Zoning: Residential
  • Zoning Specification: UR8

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 388800.00
  • Tax Amount Ncm: 3055.00
  • Tax Location: Black Mountain

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $450,000 -8.0% $116 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $489,000 -2.0% $126 / Sq Ft
08/19/2018 08/19/18 Price Changed $499,000 -3.7% $129 / Sq Ft
08/01/2018 08/01/18 Price Changed $518,000 -0.2% $134 / Sq Ft
07/23/2018 07/23/18 Price Changed $519,000 -1.1% $134 / Sq Ft
07/03/2018 07/03/18 Price Changed $525,000 -1.7% $136 / Sq Ft
06/26/2018 06/26/18 Price Changed $534,000 -0.2% $138 / Sq Ft
06/18/2018 06/18/18 Price Changed $535,000 -2.4% $138 / Sq Ft
06/07/2018 06/07/18 Price Changed $548,000 -28.4% $142 / Sq Ft
10/06/2017 10/06/17 For Sale $765,000 -- $198 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3323884

Canopy MLS (Canopy Realtor® Association)