706 Oak Terrace Ln, Hendersonville, NC, 28791

$400,000

Home List Price

$4,750*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,280 SqFt
$313/SqFt
House

Location

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706 Oak Terrace Ln, Hendersonville$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1940
HeatingCentral, Natural Gas
CoolingCentral Air
FireplaceFamily Room
MLS #4154429
StatusActive

About 706 Oak Terrace Ln

Fantastic Location! This charming home, nestled just off Blythe Street, offers a blend of comfort and convenience in a highly desirable location to downtown Hendersonville. The property features a custom Kitchen, new appliances, paint, light fixtures, HVAC, new windows, a cozy fireplace, and hardwood floors which add warmth and character throughout the living spaces. Oversized bedrooms and situated on a lovely lot, the home boasts a fully fenced backyard, accessed from a patio providing a private oasis perfect for relaxation or entertaining. An ideal location near all Hendersonville and Mills River offers including the Ecusta Trail which makes it ideal for outdoor enthusiasts, offering easy access to walking, biking, nature. The home is tucked within a peaceful cul-de-sac, ensuring convenience and a great environment. Stamped concrete driveway Floor Plan available, Feature sheet and updates available. The beautiful Blythe Green Space map/plan is also attached.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Living Area: 1,280 SqFt

Listing Office:

  • Office Name: Premier Sotheby’s International Realty
  • Office Phone: (828) 768-4686

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Washer/Dryer
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: Pantry
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hendersonville High School, Public District Grades 9-12
  • Henderson County Early College, Public District Grades 9-12
  • Hendersonville Middle School, Public District Grades 6-8
  • Hendersonville Elementary School, Public District Grades KG-5
  • Bruce Drysdale Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $313/SqFt

Tax Information:

  • Annual Amount: $780
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$440.5K

Med. Price/SqFt

$242

Avg. Days On Market

40

# of Sold Homes

111

706 Oak Terrace Ln vs Hendersonville

5 DAYS ON ROCKET

-35 Days

$400,000

-$40.5K Less

$313/SqFt

+$71 More

KEY TAKEAWAY

This property is $40.5K less than the Median Sold Price and $71/SqFt more than other homes in Hendersonville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4154429

Listing Office:

  • Office Name: Premier Sotheby’s International Realty
  • Office Phone: (828) 768-4686

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

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/18/2024, 9:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$780$118,000
2020$779$118,000
2019$729$118,000
2018$730$110,600
2017$730$110,600

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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.

Elementary School

school-card-donut-3236804
8
/10
  • Hendersonville Elementary School

  • 1039 Randall Cir

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-3236805
5
/10
  • Bruce Drysdale Elementary School

  • 271 Bearcat Blvd

  • 1.08 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3236806
6
/10
  • Hendersonville Middle School

  • 825 N Whitted St

  • 0.40 miles

  • Public District Grades 6-8

High School

school-card-donut-3236807
7
/10
  • Hendersonville High School

  • 1 Bearcat Blvd

  • 0.90 miles

  • Public District Grades 9-12

school-card-donut-3236808
9
/10
  • Henderson County Early College

  • 120 Alumni Way

  • 3.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,054. Most Hendersonville, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Hendersonville, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Hendersonville, NC?

Hendersonville's housing market showcases a blend of architectural styles, with a focus on single-family homes that make up a significant portion of the residential landscape. The area features a mix of historic homes with Victorian and Colonial influences, as well as more contemporary constructions. The homeownership rate in Hendersonville is robust, reflecting the community's preference for owning over renting.

What are the advantages of living in Hendersonville, NC?

Hendersonville prides itself on its small-town charm and vibrant community spirit. The downtown area is particularly known for its historic buildings and the variety of cultural events that take place throughout the year, including the popular Apple Festival. The community's character is further enriched by its scenic surroundings and the active engagement of its residents in local affairs.

Are essential services in Hendersonville, NC convenient?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare is accessible through local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. Hendersonville also boasts a public library system and a variety of retail and dining options that reflect the local culture and cuisine.

How do Hendersonville, NC residents get around?

Transportation in Hendersonville includes a network of roads that connect residents to nearby cities and attractions. Public transit options are available, offering services that cater to the needs of the community. The area is also conducive to walking and biking, with several neighborhoods designed to be pedestrian-friendly. Ongoing initiatives aim to improve the efficiency and accessibility of transportation within the city.

Frequently Asked Questions About 706 Oak Terrace Ln

What is the listing price of this property?

The listing price of 706 Oak Terrace Ln property is $400,000.

What type of property is this?

The property 706 Oak Terrace Ln is a house located in Hendersonville, North Carolina, 28791.

Is this property for sale now?

Active Listing: 706 Oak Terrace Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 706 Oak Terrace Ln are:
Hendersonville Elementary School: GreatSchools Rating 8/10
Bruce Drysdale Elementary School: GreatSchools Rating 5/10
Hendersonville Middle School: GreatSchools Rating 6/10
Hendersonville High School: GreatSchools Rating 7/10
Henderson County Early College: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $780 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 706 Oak Terrace Ln has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 706 Oak Terrace Ln is 1,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 706 Oak Terrace Ln is 1940.

Rocket HomesNorth CarolinaHenderson CountyHendersonville28791706 Oak Terrace Ln

This home is located at 706 Oak Terrace Ln in Hendersonville, NC and zip code 28791. This 1,280 square foot home was built in 1940. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $400,000.

In August 2024 more than 18 listings in Hendersonville, NC were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 70 were sold below. Between July 2024 and August 2024, Hendersonville, NC real estate market has seen increase in the number of listings by 6.2%. Listings spent 40 days on the market in August 2024, and had a median list price of $440,508 during the same period.

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

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