NOT LISTED FOR SALE

840 Jenkins Valley Rd Unit 1, 2, 3 Alexander, NC 28701

Estimated Value: $690,000 - $761,000

5 Acres
$143,718 Price per Acre
223,898 Sq Ft Lot

Last Sold October 27, 2022

Last sale price $270,000

Est. 173% increase in value since last sale

Current estimated payment $4,339/month

112 Days on Market

About This Lot

As of October 2022

3 lots totaling +-4.96 acres for sale as one package! Don't miss this excellent opportunity for a investor, builder, or homeowner(s) to create significant value on these large lots with no HOA or covenants. Utilize the existing roadbed with gentle grades already in place to access all 3 build sites along a shared private driveway that connects to paved and state-maintained Jenkins Valley Rd. The 3 lots have separate PINs and gentle grades to build quality homes, along with bucolic country and mountain views across the neighboring farm. The first and second lots have small clearings at each home site, and the back lot has an old home site with well and septic in place. The convenient location is only 10 minutes from downtown Asheville and 15 minutes from Weaverville *DO NOT ENTER HOUSE, FULL REHAB OR DEMOLITION NEEDED* Property being sold as land and is sold as-is. Seller/Agent make no representations. No property visits please without an approved appointment.

Last Agent to Sell the Property

Reese Morgani

Keller Williams Professionals License #232402 Listed on: 07/07/2022

Keller Williams Professionals

Co-Listed By

Collin O'Berry

Keller Williams Professionals License #274582

Last Buyer's Agent

Jill Clark

Blue Ridge Properties Group License #268574

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,871

Lot Details

  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned OU, OU

Schools

  • North Buncombe/N. Windy Ridge Elementary School
  • North Buncombe Middle School
  • North Buncombe High School

Listing and Financial Details

  • Assessor Parcel Number 9721-28-0936-00000

Property Details

Property Type

Land

Est. Annual Taxes

$3,871

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: Yes
  • Ratio Current Price By Acre: 52529.18
  • Restrictions: No Restrictions
  • Road Frontage Type: County Road, Paved Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 2000

Utilities

  • Sewer: Other
  • Water Source: Other

Schools

  • Middle Or Junior School: North Buncombe
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 5.14
  • Lot Size Units: Acres
  • Parcel Number: 9721-28-0936-00000
  • Out Buildings Yn: 0
  • Plat Book Slide: 195/20
  • Plat Reference Section Pages: 195-20
  • Additional Parcels Description: 972118893100000, 972119728100000
  • Zoning Description: OU
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.12219

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: North Buncombe/N. Windy Ridge
  • High School: North Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Mountain Building & Painting Inc
Bought by
Mcdonnell Brian
Current Estimated Value
$737,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,300
Outstanding Balance
$620,388
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$125,176

Purchase Details

Listed on
Jul 7, 2022
Closed on
Oct 5, 2022
Sold by
Matar Adam and Matar Danielle
Bought by
Mountain Building & Painting
Seller's Agent
Reese Morgani
Keller Williams Professionals
Buyer's Agent
Jill Clark
Blue Ridge Properties Group
List Price
$270,000
Sold Price
$270,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.73%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcdonnell Brian $707,000 None Listed On Document
Mountain Building & Painting $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonnell Brian $636,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $270,000 0.0% --
08/10/2022 08/10/22 For Sale $270,000 0.0% --
08/04/2022 08/04/22 Off Market $270,000 -- --
07/07/2022 07/07/22 For Sale $270,000 -- --
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 $3,871 $192,700 $47,100 $145,600
2022 $1,272 $192,700 $0 $0
2021 $1,272 $192,700 $0 $0
2020 $1,053 $150,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3880586

Canopy MLS (Canopy Realtor® Association)

APN: 9721-28-0936-00000