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86 Portobello Road

86 Portobello Road, Arden, NC 28704
Property in Buncombe
Sold Dec 10, 2004
$585,000
$409,500 by Greenpoint Mortgage Funding In
Mortgage Due Jan 01, 2035
Sold Jul 16, 2001
$453,000
86 Portobello Road in Arden, NC was first built in 2000 and is 24 years old. Although, the building on the property was most recently renovated and altered in 2004. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 86 Portobello Road has 4,768 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. The basement is 1,616 sqft and has been categorized as a unknown. In total, the area measurement of the land is 26,572 square feet.

Learn more about the property and building on this page. There is a open porch. 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. For those who need parking, there is a attached garage. The garage is 630 sqft. There are a total of 2 available parking spaces. 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. 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, 86 Portobello Road sold most recently in Dec 6, 2004 for a total of $585,000. If you work out the math, that's approximately a cost of $108.37 per sqft. Before that, the property was also sold for $453,000 in Jul 16, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,080 in taxes each year. 86 Portobello Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $696,200. If we break it down further, the land itself was valued at $133,600. Improvements to the property, however, were assessed at a total of $562,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,616
  • Garage Type: Attached
  • Garage Square Area: 630
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 5,398
  • Gross Building Area: 5,398
  • Building Area: 4,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE COTSWOLDS
  • Land Acres: 0.61
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: THE COTSWOLDS BLOCK: LOT: 48 SECTION: PLAT: 0072-0119

Ownership

  • Current Owner : RANIERI RONALD J
  • Current Owner 2: RANIERI MICHELLE
  • Previous Owner : WOOD THOMAS J
  • Previous Owner 2: WOOD FLOR DE MARIA
  • Owner Before Previous Owner: ED HOLLAND BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buncombe County Schools
  • Census Tract: 003202

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 9664-33
  • Account Number: 745690-2020-202
  • Parcel: 9664-33-9499-00000
  • Lot: 48
  • Municipality: LIMESTONE
  • Latitude: 35.4682
  • Longitude: -82.4802

    Address

  • Full Address: 86 Portobello Rd
  • Address - House Number: 86
  • Address - Street Name: Portobello
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Arden
  • Carrier Code: R003
  • 4-Digit Zip Code: 8608
  • Zip Code: 28704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,080

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 1,078,393
  • High Value: 1,322,563
  • Low Value: 834,223

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $526,500
  • First Open Lien Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • First Open Lien Mortgage Recording Date: Dec 10, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $409,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035
  • Second Open Lien Mortgage Recording Date: Dec 10, 2004
  • Second Open Lien Mortgage Loan Amount: $117,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $696,200
  • Market Land Value: $133,600
  • Market Improvement Value: $562,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $696,200
  • Assessed Land Value: $133,600
  • Assessed Improvements Value: $562,600

    Sales

  • Current Sale Contract Date: Dec 06, 2004
  • Current Sale Recording Date: Dec 10, 2004
  • Current Sale Transaction ID: 1196545053
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 16, 2001
  • Previous Sale Contract Date: Jul 16, 2001
  • Previous Sale Amount: $453,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • First Mortgage Transaction Date: Dec 10, 2004
  • First Mortgage Loan Amount: $409,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jan 01, 2035
  • Second Mortgage Loan Amount: $117,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Buncombe



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Frequently Asked Questions

What neighborhood is 86 Portobello Road located in?
The 86 Portobello Road is a located in the neighborhood of Buncombe in Buncombe, Arden.
What is the average sales price for listings in 86 Portobello Road?
The average sales price for units in 86 Portobello Road is $0 currently.

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