NOT LISTED FOR SALE

TBD Cumberland Falls Trail Unit 227 Black Mountain, NC 28711

Estimated Value: $159,205

4.06 Acres
$39,213 Price per Acre
176,854 Sq Ft Lot

Last Sold November 07, 2019

Last sale price $25,000

Est. 537% increase in value since last sale

Current estimated payment $1,022/month

1,062 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Trails

About This Lot

As of November 2019

Beautiful year-round mountain views and level build site on over 4 acres. This lot is very easy to tour: there is a trail leading from the road to the build site. The homesite has been partially trimmed and the views have been selectively opened. No other lot in the area is this easy to walk and visualize your dream home! Once the homesite is cleared, the views will be even better. Views are to the south and west, providing a great opportunity for a passive solar home and sunset views!

Last Agent to Sell the Property

Scott Russell

Allen Tate/Beverly-Hanks Freestone Properties License #246481 Listed on: 11/16/2016

Last Buyer's Agent

Bob Sadlemire

Allen Tate/Beverly-Hanks Freestone Properties License #295811

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot

HOA Fees

  • $80 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 0638-00-05-1119

Community Details

Recreation

  • Trails

Additional Features

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.64103
  • Ratio Close Price By Original Li: 0.20851
  • Ratio Current Price By Acre: 6157.64
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Exterior Features

  • Construction Type: Off Frame Modular, Site Built

Condo/Co-op/Association

  • Community Features: Gated Community, Walking Trails
  • Association Fee: 958.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Long Range View, Mountain View, Wooded, Year Round View
  • Lot Size Area: 4.060
  • Parcel Number: 0638-00-05-1119
  • Plat Book Slide: 11/39
  • Wooded Acres: 4.00

Tax Info

  • Tax Value: 150000.00
  • Tax Amount Ncm: 961.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Graves Jack L and Graves Kathleen A
Bought by
Sadler Alan E
Total Days on Market
1062
Current Estimated Value
$159,205

Purchase Details

Listed on
Nov 16, 2016
Closed on
Nov 8, 2019
Sold by
Moynahan Susan M and Moynahan John H
Bought by
Graves Jack L and Graves Kathleen A
Seller's Agent
Scott Russell
Allen Tate/Beverly-Hanks Freestone Properties
Buyer's Agent
Bob Sadlemire
Allen Tate/Beverly-Hanks Freestone Properties
List Price
$99,000
Sold Price
$25,000
Premium/Discount to List
-$74,000
-74.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.76%

Purchase Details

Closed on
Sep 20, 2007
Sold by
Whitescarver Oscar Slane and Whitescarver Sarah Patrick
Bought by
Moynahan John H and The Susan M Moynahan Trsut

Purchase Details

Closed on
Sep 18, 2007
Sold by
Whitescarver Oscar S and Whitescarver Sarah P
Bought by
Catawaba Falls Llc

Purchase Details

Closed on
Feb 21, 2006
Sold by
Catawba Falls Llc
Bought by
Whitescarver Oscar S and Whitescarver Sarah P
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 Buyer Sale Price Title Company
Sadler Alan E $125,000 None Available
Graves Jack L $25,000 None Available
Moynahan John H $160,000 None Available
Catawaba Falls Llc -- None Available
Whitescarver Oscar S $110,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2019 11/07/19 Sold $25,000 -35.9% --
10/14/2019 10/14/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $39,000 -20.4% --
03/21/2019 03/21/19 Price Changed $49,000 -50.5% --
11/25/2018 11/25/18 For Sale $99,000 +296.0% --
10/31/2018 10/31/18 Off Market $25,000 -- --
11/16/2016 11/16/16 For Sale $119,900 -- --
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
2024 $576 $85,000 $85,000 $0
2023 $576 $85,000 $85,000 $0
2022 $516 $75,000 $75,000 $0
2021 $516 $75,000 $75,000 $0
2020 $524 $75,000 $0 $0
2019 $524 $0 $0 $0
2017 $961 $150,000 $0 $0
2016 $961 $0 $0 $0
2014 $915 $150,000 $150,000 $0
2013 -- $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3226735

Canopy MLS (Canopy Realtor® Association)

APN: 0638-00-05-1119