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3 Teresa Way, Black Mountain, NC, 28711

3beds
3baths
1,659sqft
$419,000
$253price/sqft
$2,735/moest. monthly cost
$109,400/yrincome needed

About This Home

Walkable to downtown Black Mountain, this well-maintained Arts and Crafts townhome has an efficient floor plan with plenty of living space. It has three bedrooms and a bonus room. The 3rd bedroom doesn't have a second egress. The primary bedroom is on the main level with a walk-in closet. Laundry is on the main level. There is a lot of natural light, hardwood floors on the main level, a covered front porch, a back porch, a one-car garage, and a great location close to town.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
Black Mountain PrimaryGrades PK-30.5 mi
6/10
Charles D Owen MiddleGrades 6-83.4 mi
7/10
Charles D Owen HighGrades 9-123.0 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Crawl Space
  • Construction materials: Cedar Shake,Hardboard Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Arts and Crafts
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Refrigerator
  • Laundry features: Electric Dryer Hookup,In Bathroom,Main Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Open Floorplan,Walk-In Closet(s)
  • Flooring: Carpet,Wood
  • Fireplace features: Gas
  • Finished area below ground: 0
  • Finished area above ground: 1,659

Heating & Cooling

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

Interior Area

  • Total structure area: 1,659
  • Total interior livable area: 1,659 sqft

Kitchen

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 071030417200000
  • Zoning: UR-8
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Covered,Front Porch,Porch

Lot

  • Lot size: 0.05 Acres

Parking

  • Total spaces: 1
  • Parking features: Driveway,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Inland Flooding
Landslide
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Buncombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,118$25,416
Home Insurance *$116$1,392
Property Taxes $301$3,612
Electricity $200$2,405
Total$2,735$32,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,771/yr
40% on housing$82,050/yr
45% on housing$72,933/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 28711$273
Buncombe County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 28711$301
Buncombe County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-26Price change$419,000
2025-10-02Price change$439,000
2025-08-08Price change$447,500
2025-06-14Price change$449,500
2025-05-27Price change$469,000
2025-05-15Price change$475,000
2025-04-28Listed for sale$489,000
2023-07-22Listing removed--
2023-07-15Listed for rent$1,850

For Sale by Agent

AgentBen (Chip) Craig
BrokerageGreyBeard Realty

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