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38 Faircrest Road

38 Faircrest Road, Asheville, NC 28804
Property in Buncombe
Sold Mar 24, 2021
$345,000
$245,000 by Nations Lending Corp
Mortgage Due Apr 01, 2051
Sold Apr 11, 2008
$210,000
$129,925 by Mountain 1st Bank & Trust
Mortgage Due May 01, 2038
Local assessors in Asheville, NC have categorized 38 Faircrest Road as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 24,829 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 38 Faircrest Road has a total of 1,548 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a screened 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 composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 38 Faircrest Road was last sold in Feb 23, 2021 for $345,000. According to our calculations, that's $175.30 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Apr 10, 2008. Current property owners are expected to pay $3,814 in taxes per year. The property on 38 Faircrest Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $382,500. To break that down further, the land itself was valued at $74,900. While improvements to the property were assessed at a total of $307,600. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 1,968
  • Gross Building Area: 2,204
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,548
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KIMBERLY WOODS
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: KIMBERLY WOODS LOT: 11 & 11B PLAT: 0033-0004

Ownership

  • Current Owner : RACKLEY PHILLIP WALKER
  • Previous Owner : LAIBSON ALAN J
  • Previous Owner 2: LAIBSON SUSAN S
  • Owner Before Previous Owner: LEVINE SUSAN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Asheville City Schools
  • School Tax School District: SAS
  • Census Tract: 001700

Zoning

  • Zoning: RS4

Geography

  • Assessors Map Reference: 9750-08
  • Account Number: 704735-2020-202
  • District: 9
  • Section: 1
  • Parcel: 9750-08-9116-00000
  • Block: C
  • Lot: 11
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.6446
  • Longitude: -82.5316

    Address

  • Full Address: 38 Faircrest Rd
  • Address - House Number: 38
  • Address - Street Name: Faircrest
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Asheville
  • Carrier Code: C011
  • 4-Digit Zip Code: 1842
  • Zip Code: 28804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,814
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.214
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 70
  • Final Value: 558,572
  • High Value: 678,122
  • Low Value: 439,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: NATIONS LENDING CORP
  • First Open Lien Mortgage Recording Date: Mar 24, 2021
  • First Open Lien Mortgage Loan Amount: $245,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $382,500
  • Market Land Value: $74,900
  • Market Improvement Value: $307,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,500
  • Assessed Land Value: $74,900
  • Assessed Improvements Value: $307,600

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Transaction ID: 11826661062
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 11, 2008
  • Previous Sale Contract Date: Apr 10, 2008
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS LENDING CORP
  • First Mortgage Transaction Date: Mar 24, 2021
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOUNTAIN 1ST BANK & TRUST
  • Previous Mortgage Transaction Date: Apr 11, 2008
  • Previous Mortgage Loan Amount: $129,925
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2038

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 38 Faircrest Road located in?
The 38 Faircrest Road is a located in the neighborhood of Buncombe in Asheville, Asheville.
What is the average sales price for listings in 38 Faircrest Road?
The average sales price for units in 38 Faircrest Road is $0 currently.

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