117 Sovereign Ln, Fairview, NC, 28730

$40,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Lot
MLS #4068879
StatusActive

About 117 Sovereign Ln

Welcome to Monarch Estates, an enchanting oasis nestled in tranquility. As you draw closer, prepare to be captivated by the beauty that surrounds you. A hidden gem, this private and gated community is a testament to serenity, offering an idyllic escape from the chaos of everyday life. Your adventure begins with a scenic drive through a tapestry of equestrian and agricultural properties, where rolling hills and verdant pastures beckon you towards the gates of Monarch Estates. From the moment you enter, you are greeted by an air of exclusivity that emanates from every corner of this mesmerizing sanctuary. Just a mere 25 minutes away from the vibrant city of Asheville, Monarch Estates is a region that seamlessly blends the convenience of urban living with the stillness of nature. While the bustling streets of Asheville may lie within reach, you will find yourself completely immersed in a world of ethereal beauty, where time seems to slow and worries outside simply fade.

Property Details

Property Features

Listing Office:

  • Office Name: Preferred Properties
  • Office Email: grady@preferredprop.com

Other

Directions Information:

  • Directions: Taking US 74A East in the direction of the Blue Ridge Parkway/Bat Cave. Continue to Upper Brush Creek Road. Take a right turn onto this road. Upper Brush Creek Road to Brush Creek Road. Take a left turn onto this road. Brush Creek Road to Sovereign Lane. Sovereign Lane, the entrance to Monarch Estates. After entering the gate, continue on Sovereign Lane to the top of the road. GPS: please enter the actual address of 117 Sovereign Lane, Fairview for accurate navigation.

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000

HOA Fees:

  • Amount: $700
  • Frequency: Annually

Tax Information:

  • Annual Amount: $302
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fairview, NC.

Med. Sold Price

$551K

Med. Price/SqFt

$295

Avg. Days On Market

6

# of Sold Homes

1

117 Sovereign Ln vs Fairview

436 DAYS ON ROCKET

+430 Days

$40,000

-$511K Less

KEY TAKEAWAY

This property is $511K less than the Median Sold Price in Fairview, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4068879

Listing Office:

  • Office Name: Preferred Properties
  • Office Email: grady@preferredprop.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Property Sales & Tax

Listing History

Aug 13, 2007Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$302$59,700
2020$301$44,800
2019$288$44,800
2017$289$44,800

History based on county public records data.

Payment Calculator

$325

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-432249
8
/10
  • Fairview Elementary School

  • 1355 Charlotte Hwy

  • 3.07 miles

  • Public District Grades KG-5

school-card-donut-432250
5
/10
  • Glen Arden Elementary School

  • 50 Pinehurst Cir

  • 5.28 miles

  • Public District Grades KG-4

school-card-donut-432251
6
/10
  • Fletcher Elementary School

  • 500 Howard Gap Rd

  • 7.14 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,976. Most Fairview, NC residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 117 Sovereign Ln

What is the listing price of this property?

The listing price of 117 Sovereign Ln property is $40,000.

What type of property is this?

The property 117 Sovereign Ln is land located in Fairview, North Carolina, 28730.

Is this property for sale now?

Active Listing: 117 Sovereign Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $302 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2007 for $130,000. (source: MLS/tax record).
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Rocket HomesNorth CarolinaBuncombe CountyFairview28730117 Sovereign Ln

This home is located at 117 Sovereign Ln in Fairview, NC and zip code 28730. It has been listed on Rocket Homes since September 12, 2023 and is currently priced at $40,000.

In October 2024, from all listings sold in Fairview, NC there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Fairview, NC between September 2024 and October 2024 decreased by 20.5%. The median list price of listings available in October 2024 was $551,000, while the average time on the real estate market was 6 days.

From Rocket Homes Real Estate and based on county public records data.

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