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4 Reservoir Road

4 Reservoir Road, Black Mountain, NC 28711
Property in Buncombe
Sold Apr 04, 2016
$185,000
$181,550 by Finance Of America Mortgage Ll
Mortgage Due May 01, 2046
Sold Feb 02, 2015
$155,000
$155,000 by State Employees Cu
Mortgage Due Feb 01, 2045
4 Reservoir Road in Black Mountain, NC was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4 Reservoir Road has 1,428 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 4, 2016 for $185,000. That's $129.55 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2015 for $155,000. 4 Reservoir Road was last assessed in 2023. The total value of the property was assessed at $248,700. Specifically, the land the property is located on was valued at $35,500. While improvements on the property were assessed at a total of $213,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,480. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,428
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIDGECREST
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: RIDGECREST LOT: 79 PLAT: 0032-0047

Ownership

  • Current Owner : SMITH FORREST
  • Current Owner 2: SMITH ROXANNE
  • Previous Owner : PATTON HORTON DOLLY
  • Owner Before Previous Owner: TURNER LAWRENCE D
  • Owner Before Previous Owner 2: TURNER IZABELLA H

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: FEB
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 0629-58
  • Account Number: 745318-2020-202
  • District: 25
  • Parcel: 0629-58-7185-00000
  • Lot: 79
  • Municipality: BLACK MOUNTAIN
  • Latitude: 35.624
  • Longitude: -82.2787

    Address

  • Full Address: 4 Reservoir Rd
  • Address - House Number: 4
  • Address - Street Name: Reservoir
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Asheville
  • Carrier Code: C001
  • 4-Digit Zip Code: 2423
  • Zip Code: 28803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,480

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 66
  • Final Value: 436,637
  • High Value: 540,749
  • Low Value: 332,525

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,550
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Apr 04, 2016
  • First Open Lien Mortgage Loan Amount: $181,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Market Valuation

  • Market Total Value: $248,700
  • Market Land Value: $35,500
  • Market Improvement Value: $213,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,700
  • Assessed Land Value: $35,500
  • Assessed Improvements Value: $213,200

    Sales

  • Current Sale Contract Date: Apr 04, 2016
  • Current Sale Recording Date: Apr 04, 2016
  • Current Sale Transaction ID: 1694287247
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 02, 2015
  • Previous Sale Contract Date: Jan 30, 2015
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Apr 04, 2016
  • First Mortgage Loan Amount: $181,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: Feb 02, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $155,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Buncombe



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Frequently Asked Questions

What neighborhood is 4 Reservoir Road located in?
The 4 Reservoir Road is a located in the neighborhood of Buncombe in Buncombe, Black Mountain.
What is the average sales price for listings in 4 Reservoir Road?
The average sales price for units in 4 Reservoir Road is $0 currently.

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