$1,490,000
SOLD SEP 5, 2024
7 Beds
9.5 Baths
8,950 Sq Ft
0.29 Acres

Recently Sold

$166 Per Sq Ft

40% Below List Price

259 Days on Market

Highlights

  • Access To Lake
  • Mountain View
  • Vaulted Ceiling
  • Asheville High Rated A-
  • Wooded Lot
  • Marble Flooring

About This Home

As of September 2024

Old world charm meets modern living in this Greek Revival home in coveted Lakeview Park. Take in views of the Blue Ridge Mountains from numerous outdoor living spaces. Originally built in 1940, the property was extensively renovated in 2009 to accommodate generations to come. Enjoy intimate spaces or entertaining on a grand scale and the ability to host large gatherings with an ensuite bath in nearly every bedroom and an elevator to reach each floor. Beaver Lake offers boating, fishing, and walking trails around the lake and is conveniently located to groceries, restaurants, golf, and downtown Asheville.

Last Agent to Sell the Property

Michaela Schmidlin

COMPASS Brokerage Email: mschmidlin@kw.com License #325005 Listed on: 12/08/2023

COMPASS

Last Buyer's Agent

Sam Rule

Town and Mountain Realty License #294251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,853

Year Built

  • Built in 1940

Lot Details

  • Fenced
  • Sloped Lot
  • Wooded Lot
  • Property is zoned RS4

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Workshop in Garage
  • Shared Driveway
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3-Story Property
  • Elevator
  • Built-In Features
  • Vaulted Ceiling
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Mountain Views
  • Home Security System
  • Laundry Room

Kitchen

  • Double Convection Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Basement Storage

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Access To Lake
  • Balcony
  • Covered patio or porch

Schools

  • Ira B. Jones Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Vented Exhaust Fan
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 9740-26-1269-00000

Community Details

Overview

  • Ken Kaplan Association, Phone Number (828) 778-6907
  • Lakeview Park Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,853

Year Built

Built in 1940

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1940
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.48
  • Geocode Confidence: High
  • Attribution Contact: mschmidlin@kw.com
  • Special Features: 5124

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Interior Amenities: Attic Walk In, Built-in Features, Elevator, Entrance Foyer, Garden Tub, Kitchen Island, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3998
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 3384
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 7382
  • Accessibility Features: Two or More Access Exits, See Remarks
  • Has Basement: Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1568
  • Fireplace Features: Bonus Room, Den, Living Room
  • Living Area: 8950
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 34
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Mountain(s), Winter
  • Waterfront Features: Paddlesport Launch Site - Community
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony, Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 964
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Basement, Attached Garage, Garage Shop, Shared Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Basement, Laundry Room, Multiple Locations
  • Security: Security System
  • Cooling: Heat Pump
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Lake Access, Picnic Area, Recreation Area, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 395
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Ken Kaplan
  • Phone: 828-778-6907
  • ResoAssociationFeeFrequency: Annually
  • Association Email: treasurer@thelakeviewpark.org

Association/Amenities

  • Association Annual Expense: 395.00

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Wooded, Views
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Parcel Number: 9740-26-1269-00000
  • Zoning: RS4
  • Plat Book Slide: 0005/0038
  • Plat Reference Section Pages: 0005/0038
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS4

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Ira B. Jones
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Sep 5, 2024
Sold by
Phillips Jackie and Phillips Sarah Emily
Bought by
Garbo Place Llc
Seller's Agent
Michaela Schmidlin
COMPASS
Buyer's Agent
Sam Rule
Town and Mountain Realty
List Price
$2,500,000
Sold Price
$1,490,000
Premium/Discount to List
-$1,010,000
-40.4%
Views
385
Current Estimated Value
$1,750,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,494
Avg. Annual Appreciation
17.91%

Purchase Details

Closed on
Aug 8, 2019
Sold by
Phillips Jackie
Bought by
Phillips Sarah Slaughter and Phillips Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
3.73%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 5, 2017
Sold by
Greene Bruce E and Greene Charlotte Rebecca
Bought by
Greene Bruce E and Greene Charlotte Rebecca

Purchase Details

Closed on
Aug 1, 2005
Sold by
Greenwood G Gordon and Greenwood Sylvia R
Bought by
Phillips Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
4.83%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,490,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $595,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,550,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $476,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $1,490,000 -0.7% $166 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $1,500,000 -6.3% $168 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,600,000 -3.0% $179 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,650,000 -5.7% $184 / Sq Ft
02/24/2024 02/24/24 Price Changed $1,750,000 -12.5% $196 / Sq Ft
12/31/2023 12/31/23 Price Changed $1,999,000 -20.0% $223 / Sq Ft
12/08/2023 12/08/23 For Sale $2,500,000 -- $279 / 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
2023 $19,853 $1,971,100 $133,100 $1,838,000
2022 $19,656 $1,971,100 $0 $0
2021 $19,656 $1,971,100 $0 $0
2020 $19,259 $1,786,700 $0 $0
2019 $19,259 $1,786,700 $0 $0
2018 $19,259 $1,786,700 $0 $0
2017 $19,438 $1,422,000 $0 $0
2016 $17,476 $1,422,000 $0 $0
2015 $17,476 $1,422,000 $0 $0
2014 $17,263 $1,422,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4089177

Canopy MLS (Canopy Realtor® Association)

APN: 9740-26-1269-00000