NOT LISTED FOR SALE

85 New Salem Rd Swannanoa, NC 28778

Estimated Value: $325,000 - $387,000

2 Beds
2 Baths
904 Sq Ft
$388/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $255,000 $282 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,965/month

1 Day on Market

About This Home

As of October 2020

Active Airbnb producer! Mountain modern two-story cottage just a bike ride away from Warren Wilson College. Situated in between Asheville and Black Mountain, this sweet home is close to breweries, coffee shops, bakeries, and fine dining. Enjoy the annual Swannanoa Gathering and tailgate markets and special programming!

Last Agent to Sell the Property

Carol Pennell

Ivester Jackson Blackstream License #201300 Listed on: 09/15/2020

Last Buyer's Agent

Shanda Richardson

Nest Realty Asheville License #264174

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 7,405

Parking

  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows
  • Crawl Space
  • Oven

Flooring

  • Engineered Wood
  • Tile

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9678-99-2958-00000

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1500000.00
  • Ratio Current Price By Sq Ft: 282.08
  • Year Built: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 452
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Prefinished Wood, Tile
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 452
  • Total Sq Ft: 904

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: WD Williams
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Size Area: 0.170
  • Parcel Number: 9678-99-2958-00000
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 134100.00
  • Tax Location: Swannanoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 14, 2020
Sold by
Perez Lupe Reyna and Moore Monroe H
Bought by
Peterson Laura Healy
Seller's Agent
Carol Pennell
Ivester Jackson Blackstream
Buyer's Agent
Shanda Richardson
Nest Realty Asheville
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$351,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,143
Avg. Annual Appreciation
7.05%

Purchase Details

Listed on
Aug 24, 2017
Closed on
Nov 6, 2017
Sold by
Maffett Ronald C and Maffett Susan H
Bought by
Moore Monore H and Perez Lupe R
Seller's Agent
Sheila Kilby
Lantern Realty & Development
Buyer's Agent
Carol Pennell
Ivester Jackson Blackstream
List Price
$195,900
Sold Price
$181,000
Premium/Discount to List
-$14,900
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$144,800
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Peterson Laura Healy $255,000 None Available
Moore Monore H $181,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Monore H $144,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $255,000 0.0% $282 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $255,000 +40.9% $282 / Sq Ft
11/06/2017 11/06/17 Sold $181,000 -7.6% $207 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $195,900 -- $224 / 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 -- $209,200 $24,700 $184,500
2024 -- $209,200 $24,700 $184,500
2023 $1,335 $209,200 $24,700 $184,500
2022 $1,314 $209,200 $0 $0
2021 $1,314 $209,200 $0 $0
2020 $907 $135,500 $0 $0
2019 $907 $135,500 $0 $0
2018 $897 $134,100 $0 $0
2017 $16 $1,500 $0 $0
2016 $11 $1,500 $0 $0
2015 $11 $1,500 $0 $0
2014 $11 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3662719

Canopy MLS (Canopy Realtor® Association)

APN: 9678-99-2958-00000