See Home Value
Black Mountain 28711
503 Pearl View Drive
$332,420*
House - Off Market

503 Pearl View Drive

Black Mountain, NC 28711
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Sqft
$284,000 - $346,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
Sold Nov 09, 2022
$305,000
$244,000 by State Employees Credit Union
Mortgage Due Dec 01, 2052
Sold Sep 04, 2020
$229,000
$229,000 by Citizens Bank Na
Mortgage Due Sep 01, 2050

About This Property

This wonderful newly renovated 2 bedroom 1 bath cottage is less than one mile from all downtown Black Mountain has to offer. It is less than a mile to restaurants, shops, schools and the Flat Creek Greenway, and you can enjoy the views of the mountains from your own home. Enjoy the three season deck and covered front porch. Could be a great starter home, vacation home, or investment property- homes are hard to find this close to Downtown Black Mountain!

The manager has listed the unit size as 900 square feet.
Unit Size
900Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$350
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Nov 11, 2022 No longer available -
No longer available
Nov 9, 2022 Sold to Justin P Munger, Nathan Dav... $305,000
Sold to Justin P Munger, Nathan Dav...
Sep 29, 2022 In contract -
In contract
Sep 18, 2022 Price Decreased $315,000
↓ $4K (1.3%)
Price Decreased
Sep 12, 2022 Listed $319,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Unsound
  • Building Quality: C
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 225
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,125
  • Gross Building Area: 1,125
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HILL VENTURES LLC
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 3 PLAT: 0185-0188

Ownership

  • Current Owner : MUNGER JUSTIN P
  • Current Owner 2: WEST NATHAN DAVID
  • Previous Owner : MUNGER JUSTIN P
  • Previous Owner 2: MUNGER EVA R
  • Owner Before Previous Owner: HILL VENTURES LLC

Neighborhood

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

Zoning

  • Zoning: UR-8

Geography

  • Assessors Map Reference: MB 185 PG 188
  • Account Number: 3030288-2020-20
  • District: 25
  • Parcel: 0619-77-1919-00000
  • Lot: 3
  • Municipality: BLACK MOUNTAIN
  • Latitude: 35.6229
  • Longitude: -82.308

    Address

  • Full Address: 503 Pearl View Dr
  • Address - House Number: 503
  • Address - Street Name: Pearl View
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Black Mountain
  • Carrier Code: C001
  • 4-Digit Zip Code: 0347
  • Zip Code: 28711

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,776

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 70
  • Final Value: 362,377
  • High Value: 439,652
  • Low Value: 285,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Nov 09, 2022
  • First Open Lien Mortgage Loan Amount: $244,000
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $223,700
  • Market Land Value: $33,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $223,700
  • Assessed Land Value: $33,100
  • Assessed Improvements Value: $190,600

    Sales

  • Current Sale Contract Date: Nov 05, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Transaction ID: 11898606538
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 04, 2020
  • Previous Sale Contract Date: Aug 21, 2020
  • Previous Sale Amount: $229,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Mortgage Transaction Date: Nov 09, 2022
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS BANK NA
  • Previous Mortgage Transaction Date: Sep 04, 2020
  • Previous Mortgage Loan Amount: $229,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Black Mountain


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Frequently Asked Questions

When was property at 503 Pearl View Drive built and last sold?
The property at 503 Pearl View Drive was built in 1950 and last sold on Nov 5, 2022 for $305,000.
How much is this home worth?
The estimated value of the home located at 503 Pearl View Drive is $321,238.
What are some comparable homes to 503 Pearl View Drive?
There are currently no comparable homes to 503 Pearl View Drive.

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