NOT LISTED FOR SALE

1142 Charlotte Hwy Unit 1-3 Fairview, NC 28730

Estimated Value: $274,000 - $374,000

3 Beds
1 Bath
1,099 Sq Ft
$297/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $309,279 $281 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,936/month

65 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Front Porch
  • Fairview Elementary School Rated A-
  • Corner Lot
  • Laundry Room

About This Home

As of October 2023

Freshly updated Bungalow in the heart of Fairview! Ideal for Short Term Rental or Local Business or cozy Cottage living with plenty of vintage charm! Level fenced yard perfect for gardening and pets! Fenced chicken coop area, new flooring & fresh paint inside and out!! New HVAC 2019, new patio & porch, gutters, retaining wall & French drain. Arborist recently cleared trees to reveal bigger views, newly opened dining room. Spacious storage shed with easy drive-up accessibility for all your toys and equipment! Fantastic investment opportunity! Location! Location! Mins to DT Asheville, Chimney Rock, Lake Lure, South Asheville, Airport and Hendersonville! surrounded by popular boutique local business; Whistle Hop Brewery, The Local Joint, Hickory Nut Gap Farm, Turgua Brewery, Trout Lily Market, Hill Top Ice Cream, Troyer's Amish market and more!!!

Last Listed By

Christina Galleg Merrill

Allen Tate/Beverly-Hanks Asheville-Biltmore Park Brokerage Email: christina.gallegos@allentate.com License #289691 Listed on: 07/24/2023

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1925

Lot Details

  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned OU

Parking

  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,099 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9686-04-9738-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,395

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1925
  • Restrictions: Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 281.42
  • Geocode Confidence: High
  • Attribution Contact: christina.gallegos@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Fireplace: No
  • Flooring: Laminate, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1099
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1099
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1099
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Mountain(s)
  • Construction Type: Aluminum
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Corner Lot, Level, Wooded
  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Parcel Number: 9686-04-9738-00000
  • Zoning: OU
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 23, 2023
Sold by
Mckenzie Donald Clifford
Bought by
Garmon Kelly S and Garmon Susan T
Seller's Agent
Christina Galleg Merrill
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Alan Wray
Heartwood Realty LLC
List Price
$322,000
Sold Price
$309,279
Premium/Discount to List
-$12,721
-3.95%
Total Days on Market
65
Views
137
Current Estimated Value
$326,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,572
Avg. Annual Appreciation
2.96%
Original Mortgage
$293,815
Outstanding Balance
$288,362
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$34,864

Purchase Details

Closed on
May 20, 2021
Sold by
Ferguson Benjamin
Bought by
Mckenzie Donald Clifford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2016
Sold by
Sasser Ferguson Benjamin and Sasser Ferguson Ginger
Bought by
Ferguson Benjamin

Purchase Details

Closed on
May 8, 2014
Sold by
Holgate Michael S and Holgate Erica T
Bought by
Ferguson Benjamin and Sasser Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2006
Sold by
Tom Overholt Building Corp
Bought by
Holgate Michael S and Holgate Erica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.45%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Garmon Kelly S $309,500 None Listed On Document
Mckenzie Donald Clifford $200,000 None Available
Ferguson Benjamin -- None Available
Ferguson Benjamin $107,000 None Available
Holgate Michael S $106,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garmon Kelly S $293,815
Previous Owner Mckenzie Donald Clifford $202,000
Previous Owner Ferguson Benjamin $109,000
Previous Owner Holgate Michael S $84,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $309,279 -3.4% $281 / Sq Ft
09/20/2023 09/20/23 Price Changed $320,000 -0.6% $291 / Sq Ft
07/24/2023 07/24/23 For Sale $322,000 -- $293 / 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 $1,395 $187,300 $49,400 $137,900
2022 $1,186 $187,300 $0 $0
2021 $1,186 $187,300 $0 $0
2020 $851 $126,300 $0 $0
2019 $851 $126,300 $0 $0
2018 $813 $126,300 $0 $0
2017 $813 $122,100 $0 $0
2016 $866 $122,100 $0 $0
2015 $866 $122,100 $0 $0
2014 $848 $119,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4052314

Canopy MLS (Canopy Realtor® Association)

APN: 9686-04-9738-00000