NOT LISTED FOR SALE

898 Morgan Hill Rd Black Mountain, NC 28711

Estimated Value: $365,000 - $463,615

2 Beds
2 Baths
1,061 Sq Ft
$401/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $350,000 $330 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,425/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Fire Pit
  • Wooded Lot
  • Walk-In Closet
  • Storm Doors

About This Home

As of June 2021

*MULTIPLE OFFERS RECEIVED! Seller requests best offers by 6:00pm on Tuesday 4/27/21* Welcome home to your quintessential cabin in the woods - without the steep mountain drive to get there! Serene & private location while still 20 minutes to Black Mountain, 15 minutes to Fairview or Chimney Rock Village and 30 minutes to Asheville! Featuring an open floor plan, wrap-around rocking chair front porch and fenced yard via the driveway gate, this home has something for everyone. Master bedroom has a private exit onto the side deck - what a great spot to install your private hot tub! Note the fun loft area accessed by ladder and the efficient galley style kitchen with pantry! The full basement offers plenty of extra space and finishing potential - ideal for workshop, studio or even office. This charming home is the perfect full or part-time getaway, and has great rental potential - you decide! Home is in an estate and being sold As-Is. Showing begins April 26, 2021.

Last Agent to Sell the Property

Sharon Henady

Tessier Associates License #283559 Listed on: 04/26/2021

Last Buyer's Agent

John Diegrich

National Real Estate License #256631

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.7

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Wood Flooring
  • Storm Doors

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Fire Pit
  • Wooded Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 062527493000000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 1.11111
  • Ratio Close Price By Original Li: 1.11111
  • Ratio Current Price By Acre: 500000.00
  • Ratio Current Price By Sq Ft: 329.88
  • Year Built: 2003
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Propane, Refrigerator
  • Fireplace Description: Gas Logs, Living Room
  • Flooring: Wood
  • Interior Amenities: Open Floorplan, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1061
  • Total Sq Ft: 1061
  • Sq Ft Unheated Basement: 1061
  • Sq Ft Unheated Total: 1181
  • Sq Ft Unheated Upper: 120

Exterior Features

  • Construction: Log, Wood
  • Construction Type: Off Frame Modular
  • Exterior Features: Fenced Yard, Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Black Mountain
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Sloping, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 0.700
  • Parcel Number: 062527493000000
  • Plat Book Slide: 0066/0195
  • Zoning Specification: OU

Tax Info

  • Tax Value: 236100.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 2, 2021
Sold by
Fishel Rhys William and Fishel Audan Scott
Bought by
Yount Karen
Seller's Agent
Sharon Henady
Tessier Associates
Buyer's Agent
John Diegrich
National Real Estate
List Price
$315,000
Sold Price
$350,000
Premium/Discount to List
$35,000
11.11%
Current Estimated Value
$420,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,720
Avg. Annual Appreciation
4.51%
Original Mortgage
$315,000
Outstanding Balance
$288,280
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$132,788

Purchase Details

Closed on
Dec 18, 2018
Sold by
Knight Lynn M
Bought by
Fishel Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2016
Closed on
Jul 6, 2016
Sold by
Atd Properties Llc
Bought by
Knight Lynn M
Seller's Agent
Liz Wiederhold
Seller Solutions
Buyer's Agent
Non Member
Canopy Administration
List Price
$174,900
Sold Price
$168,000
Premium/Discount to List
-$6,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$168,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2016
Sold by
Dawson Allan
Bought by
Atd Properties Llc

Purchase Details

Closed on
Jan 19, 2016
Sold by
Hayner Brent A and Hayner Karen Lynn
Bought by
Dawson Allan

Purchase Details

Closed on
Jun 26, 2009
Sold by
Ruz Leticia F and Ruz Pedro
Bought by
Hayner Brent Anthony and Hayner Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,918
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2000
Sold by
Bell Lauria V
Bought by
Ruz Pedro and Ruz Leticia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,900
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage
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
Yount Karen $350,000 None Available
Fishel Keith E $235,000 None Available
Knight Lynn M $168,000 None Available
Atd Properties Llc -- Chicago Title Insurance Comp
Dawson Allan $128,980 None Available
Hayner Brent Anthony $192,000 None Available
Ruz Pedro $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yount Karen $315,000
Previous Owner Fishel Keith E $188,000
Previous Owner Knight Lynn M $168,000
Previous Owner Hayner Brent Anthony $195,918
Previous Owner Ruz Pedro $125,000
Previous Owner Ruz Pedro $121,820
Previous Owner Ruz Pedro $9,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $350,000 +11.1% $330 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $315,000 +87.5% $297 / Sq Ft
07/06/2016 07/06/16 Sold $168,000 -3.9% $156 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
04/17/2016 04/17/16 For Sale $174,900 -- $162 / 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 $1,459 $215,300 $28,200 $187,100
2022 $1,395 $215,300 $28,200 $187,100
2021 $1,530 $236,100 $0 $0
2020 $1,297 $188,300 $0 $0
2019 $1,297 $188,300 $0 $0
2018 $1,297 $188,300 $0 $0
2017 $1,279 $181,700 $0 $0
2016 $1,352 $181,700 $0 $0
2015 $1,352 $181,700 $0 $0
2014 $1,352 $181,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3730563

Canopy MLS (Canopy Realtor® Association)

APN: 0625-27-4930-00000