Check Availability

111 Virginia Road

111 Virginia Road, Black Mountain, NC 28711
Property in Buncombe
Sold Jun 21, 2021
$484,500
$304,000 by Quicken Loans Inc
Mortgage Due Jul 01, 2051
111 Virginia Road has been categorized by the local assessors in Black Mountain, NC as a residential type of property. The building on the property was first built in 1909 and is 115 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 111 Virginia Road has 1,910 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 45,738 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 111 Virginia Road was last sold in May 22, 2021 for $484,500. According to our calculations, that's $229.62 per sqft. Current property owners are expected to pay $3,671 in taxes per year. The property on 111 Virginia Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $358,200. To break that down further, the land itself was valued at $119,200. While improvements to the property were assessed at a total of $239,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 200
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 2,110
  • Gross Building Area: 2,110
  • Building Area: 1,910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN RETREAT ASSOCIATION
  • Land Acres: 1.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 89-92 & TRACT A PLAT: 0200-0021

Ownership

  • Current Owner : WILSON CHARLES BAXTER
  • Current Owner 2: WILSON FRANCES HOPE
  • Previous Owner : DICKERSON CELIA HUNTER
  • Previous Owner 2: DICKERSON JANET HUNTER

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: FEB
  • Census Tract: 003105

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 200 PG 21
  • Account Number: 3036850-2020-20
  • District: 25
  • Subdivision Tract Number: A
  • Parcel: 0710-64-0585-00000
  • Lot: 89-92
  • Municipality: BLACK MOUNTAIN
  • Latitude: 35.6409
  • Longitude: -82.3122

    Address

  • Full Address: 111 Virginia Rd
  • Address - House Number: 111
  • Address - Street Name: Virginia
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Black Mountain
  • Zip Code: 28711

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,671

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 66
  • Final Value: 624,725
  • High Value: 776,243
  • Low Value: 473,206

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $358,200
  • Market Land Value: $119,200
  • Market Improvement Value: $239,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,200
  • Assessed Land Value: $119,200
  • Assessed Improvements Value: $239,000

    Sales

  • Current Sale Contract Date: May 22, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11840885270
  • Current Sale Price: $484,500
  • Current Sale Document Type: Warranty Deed

About Montreat



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 111 Virginia Road located in?
The 111 Virginia Road is a located in the neighborhood of Buncombe in Montreat, Black Mountain.
What is the average sales price for listings in 111 Virginia Road?
The average sales price for units in 111 Virginia Road is $0 currently.

Quantcast