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309 Sourwood Road, Unit 3, Black Mountain, NC 28711

$250,000
  • 309 Sourwood Road, Unit 3, Black Mountain, NC 28711 Main Photo

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New to the Market Active Under Contract
BEDS3 BATHS2 full MLS#4404926
STATUSActive Under Contract PROPERTY TYPEResidential - Single Family SUBDIVISIONChristmont

Property Description

Bring your vision and a comprehensive renovation plan to this character-rich 1963 property in Black Mountain's Christmount community. 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.

309 Sourwood Road, Unit 3 | MLS# 4404926

This single family home located at 309 Sourwood Road, Unit 3, Black Mountain, NC 28711 is currently listed for sale with an asking price of $250,000. This property was built in 1963 and has 3 bedrooms and 2 full baths. Sourwood Road, Unit 3 is located in the Christmont subdivision. Search Christmont real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Exterior Entry, Interior Entry, Partially Finished, Storage Space
Fenced: Yes
Garage: 1 car attached
Heating: None
Home Style: Bungalow
Lot Size: 0.20 Acres
Roof Type: Architectural Shingle
Year Built: 1963

Feature Descriptions

Appliances: Dishwasher, Electric Cooktop, Refrigerator
Days on Site: 6
Exterior: Wood
Flooring: Laminate
Foundation: Basement, Crawl Space
HOA Fee: $50/ Annually
Laundry: In Garage
Lot: Wooded
Parcel#: 0618-78-6096-00000
Parking: Basement, Driveway, Attached Garage
Patio/Porch: Deck, Front Porch
Sewer: Public Sewer
Water: Other - See Remarks

Local Schools

High School: Charles D Owen
Middle School: Charles D Owen
Elementary School: Black Mountain

Listed By / Shown By

Listed By

Agency Name: LPT Realty, LLC
Agency Contact: rnjohnsonrealestate@gmail.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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Estimated Payment

$ 1,403.52 per month $1,330.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's Insurance

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