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1245 Bee Tree Road

1245 Bee Tree Road, Swannanoa, NC 28778
Multifamily in Buncombe
Sold Feb 04, 2022
$590
Sold Dec 06, 2021
$295,000
$285,000 by Smith Peter
Mortgage Due Nov 30, 2036
Local assessors in Swannanoa, NC have categorized 1245 Bee Tree Road as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 118,483 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a log cabin/rustic style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1245 Bee Tree Road has a total of 520 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of metal. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1245 Bee Tree Road sold most recently in Feb 4, 2022 for a total of $590. If you work out the math, that's approximately a cost of $1.13 per sqft. Before that, the property was also sold for $295,000 in Dec 6, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $750 in taxes each year. The initial year of tax delinquency occurred in 2019. 1245 Bee Tree Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $119,500. If we break it down further, the land itself was valued at $38,800. Improvements to the property, however, were assessed at a total of $80,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Wood Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 118,483
  • Total Building Area: 520
  • Gross Building Area: 520
  • Building Area: 520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FRST LAKE PH 02
  • Land Acres: 2.72
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000

Ownership

  • Current Owner : PETER H SMITH TRUST
  • Previous Owner : HARRELL
  • Previous Owner 2: CASEY
  • Owner Before Previous Owner: SMITH PETER
  • Owner Before Previous Owner 2: PETER H SMITH TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: FSW
  • Census Tract: 003002

Zoning

  • Zoning: OU

Geography

  • Assessors Map Reference: 9780-82
  • Account Number: 675836-2020-202
  • District: 21
  • Parcel: 9780-82-8238-00000
  • Municipality: SWANNANOA
  • Latitude: 35.6322
  • Longitude: -82.4032

    Address

  • Full Address: 1245 Bee Tree Rd
  • Address - House Number: 1245
  • Address - Street Name: Bee Tree
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Swannanoa
  • Carrier Code: R001
  • 4-Digit Zip Code: 3508
  • Zip Code: 28778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $750
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 71
  • Final Value: 271,957
  • High Value: 328,980
  • Low Value: 214,933

    Market Valuation

  • Market Total Value: $119,500
  • Market Land Value: $38,800
  • Market Improvement Value: $80,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,500
  • Assessed Land Value: $38,800
  • Assessed Improvements Value: $80,700

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Feb 04, 2022
  • Current Sale Transaction ID: 11879326398
  • Current Sale Price: $590
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 06, 2021
  • Previous Sale Contract Date: Dec 06, 2021
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SMITH PETER
  • Previous Mortgage Transaction Date: Dec 06, 2021
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 30, 2036

About Buncombe



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Frequently Asked Questions

What neighborhood is 1245 Bee Tree Road located in?
The 1245 Bee Tree Road is a multifamily located in the neighborhood of Buncombe in Buncombe, Swannanoa.
What is the average sales price for listings in 1245 Bee Tree Road?
The average sales price for units in 1245 Bee Tree Road is $0 currently.

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