309 Sourwood RD #3 Black Mountain, NC 28711
3 Beds
2 Baths
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Christmont
MLS Listing ID 4404926
Style Bungalow
Bedrooms 3
Full Baths 2
HOA Fees $50/ann
HOA Y/N 1
Year Built 1963
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Single Family Residence
Property Description
Architectural highlights include dramatic vaulted exposed-wood ceilings, hardwood flooring, wood-paneled accents, a brick fireplace and a wooded setting. One full bath, which features a newer vanity and enclosed tub/shower. The property requires substantial rehabilitation and does not currently have a qualifying permanently installed heat source; no heated living area is represented.
This is an Investor Special and will only qualify for hard money loan or cash purchase. Home needs significant rehab but has ample potential for return on investment if issues are addressed, sqft is increased and layout improved. The basement could easily be finished adding two more bedrooms/bonus rooms, an additional bathroom, and full laundry area. There is also potential to extend to main floor out over the garage, adding 600-800 sqft more of HLA in place of the existing deck, but would need to have an engineer approve plans.
Known conditions include roof leakage, an unsafe deck, significant basement moisture intrusion and visible mold-like/microbial growth requiring professional evaluation, remediation and correction of the underlying moisture source. Subject to Christmount POA governing documents, private-road provisions and architectural approval requirements. Buyer must independently verify measurements, room designations, systems, permits, condition, restrictions, intended use and renovation feasibility.
Currently tenant occupied, showing by appointment only. Do not disturb current tenants without a scheduled showing.
Location
State NC
County Buncombe
Zoning R-1
Rooms
Basement Exterior Entry, Interior Entry, Partially Finished, Storage Space
Primary Bedroom Level Main
Main Level Bedrooms 2
Interior
Heating None
Cooling Wall Unit(s)
Flooring Laminate
Fireplace true
Appliance Dishwasher, Electric Cooktop, Refrigerator
Laundry In Garage
Exterior
Garage Spaces 1.0
Fence Back Yard, Fenced
Waterfront Description None
Roof Type Architectural Shingle
Street Surface Gravel,Paved
Porch Deck, Front Porch
Garage true
Building
Lot Description Wooded
Dwelling Type Site Built
Foundation Basement, Crawl Space
Sewer Public Sewer
Water Other - See Remarks
Architectural Style Bungalow
Level or Stories Two
Structure Type Wood
New Construction false
Schools
Elementary Schools Black Mountain
Middle Schools Charles D Owen
High Schools Charles D Owen
Others
HOA Name Christmount Christian Assembly POA
Senior Community false
Restrictions Architectural Review,Other - See Remarks
Acceptable Financing Cash, Private
Listing Terms Cash, Private
Special Listing Condition In Foreclosure, Subject to Lease
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