$1,000,000
SOLD JUN 3, 2022

98 Ivy Cove Rd Fairview, NC 28730

3 Beds
3.5 Baths
3,668 Sq Ft
10 Acres

Recently Sold

$273 Per Sq Ft

48 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Fairview Elementary School Rated A-
  • Contemporary Architecture
  • Skylights

About This Home

As of June 2022

This imaginative mountain home is nestled in a serene location in Fairview that feels miles away, yet is only 20 minutes from downtown Asheville. Boasting panoramic, long-range views and walls of oversized windows, this meticulously maintained home provides an exquisite living experience. The main level includes a stone fireplace with a high-efficiency wood stove, beautiful wood floors throughout, tongue and groove ceilings, a custom-built cedar deck, two waterfalls, and a luxurious primary suite with its own private balcony and bonus room. The chef’s kitchen faces a courtyard and waterfall and includes new stainless steel appliances, a kitchen island with gas stove, large countertops, and two pantries. The owners have made many updates, including an impressive landscape design with imported redwoods, apple trees, and much more. The entrance level is completely soundproof and includes a bed, bath, and family room. Located on 10.4 wood acres, this home is truly a unique find.

Last Agent to Sell the Property

Viv Snyder

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #156605 Listed on: 04/15/2022

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Last Buyer's Agent

Jo Chandler

Preferred Properties License #234319

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 2000

Lot Details

  • Zoning described as OU

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Great Room with Fireplace
  • Home Security System

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Fairview Elementary School
  • Cane Creek Middle School
  • Ac Reynolds High School

Utilities

  • Heat Pump System
  • Gas Water Heater
  • Septic Tank

Community Details

  • Laurel Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9687-81-5639-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,579

Year Built

Built in 2000

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2000
  • Ratio Current Price By Acre: 98522.17
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Partially Finished
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Skylight(s), Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2463
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Security System, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1205
  • Fireplace Features: Great Room, Primary Bedroom
  • Living Area: 3668
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Fairview
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Gas
  • Laundry Features: In Basement
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Optional

Lot Info

  • Lot Size Area: 10.15
  • Lot Size Units: Acres
  • Parcel Number: 9687-81-5639-00000
  • Zoning Description: OU

Tax Info

  • RATIO List Price By Tax Amount: 1.79759

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 2, 2022
Sold by
Domus Marketing Llc
Bought by
Noel Michael A and Noel Melissa C
Seller's Agent
Viv Snyder
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Jo Chandler
Preferred Properties
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,056,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,483
Avg. Annual Appreciation
2.39%

Purchase Details

Closed on
Jun 18, 2019
Sold by
Zarintash Shahbaz
Bought by
Domus Marketing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2014
Sold by
Zarintash Shahbaz
Bought by
Zarintash Shahbaz and The Shahbaz Zarintash Revocable Trust

Purchase Details

Closed on
Sep 5, 2006
Sold by
Cheatham Warren H and Cheatham Marilyn J
Bought by
Westfeldt Christine Phillips

Purchase Details

Closed on
Jun 19, 2002
Sold by
Smith Robert Olley and Smith Julia
Bought by
Cheatham Warren H and Cheatham Marilyn J

Purchase Details

Closed on
Dec 7, 1999
Sold by
Smith Robert Olley and Smith Julia
Bought by
Cheatham Warren H and Cheatham Marilyn J
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 $2,000 Goosmann Rose Colvard & Cramer
Warranty Deed $550,000 None Available
Warranty Deed -- None Available
Warranty Deed $624,000 None Available
Warranty Deed $60,000 --
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 Purchase Money Mortgage
Previous Owner $300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $1,000,000 0.0% $273 / Sq Ft
04/15/2022 04/15/22 For Sale $1,000,000 +89.6% $273 / Sq Ft
10/29/2012 10/29/12 Sold $527,500 -11.3% $144 / Sq Ft
09/29/2012 09/29/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $595,000 -- $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 $3,579 $577,700 $145,600 $432,100
2022 $3,521 $556,300 $0 $0
2021 $3,521 $556,300 $0 $0
2020 $3,677 $545,600 $0 $0
2019 $3,677 $545,600 $0 $0
2018 $3,514 $545,600 $0 $0
2017 $3,514 $514,500 $0 $0
2016 $3,648 $514,500 $0 $0
2015 $2,289 $514,500 $0 $0
2014 $2,287 $513,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3849573

Canopy MLS (Canopy Realtor® Association)

APN: 9687-81-5639-00000