407 Newfound Rd, Leicester, NC 28748 Property Records

Buncombe County property record for 407 Newfound Rd, Leicester, NC 28748

Property Summary

Property Type	Multi-Family Dwellings
Details	3 bd · 3 ba · 1,420 sqft · built 1984
Lot Size	5 acres (217,800 sqft)
Owner	Individual Name on Record
Last Sale	$775,000 (Apr 2024)
Tax Bill	$2,689 (2025)
Deeds & Mortgages	Apr 2024 Sale & Mortgage Oct 2021 Sale
Flood Zone	Zone X (minimal risk)
APN	`9700-53-0256-00000`

Property Details

APN / Parcel Number

Primary APN	`9700-53-0256-00000`
Alternative APN	`970003439186000`

Interior

Bedrooms	3 Beds
Full Baths	3 Baths
Stories	2 Stories
Building Area	1,420 sqft Living Area
Gross Area	2,772 sqft
1st Floor Area	1,140 sqft
Upper Floors Area	492 sqft
Basement Area	984 sqft
Finished Basement	984 sqft
Flooring	Carpet
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1984
Architectural Style	Conventional
Exterior Material	Wood
Roof Type	Gable
Roof Material	Metal
Lot Area	217,800 sqft (5 acres)
Garage Type	Basement
Parking Spaces	5 Parking Spaces

Exterior Amenities

Porch	Porch
Porch Area	240 sqft
Deck Area	490 sqft
Patio Area	490 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Old Parcel Number	970003439186000
Street Address	407 NEWFOUND RD
City	LEICESTER
State	NC
Zip	28748-9767
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	DEED DATE: 2024-04-04 DEE
Legal Description	DEED DATE: 2024-04-04 DEED: 6397-972 SUBDIV: BLOCK: LOT: SECTION: PLAT: 222-18
Legal Lot Number	9186
Jurisdiction	BUNCOMBE NC
Township / Civil Division	LEICESTER
Census Block Group	1
Census Block	1012
Census Tract	2608

Owner

Source: Buncombe County records, as of September 24, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Co-owner	Co-owner on Record
Mailing Address	901 STACY DR, SOUTHLAKE, TX 76092-4349
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Apr 4, 2024	Warranty Deed, Transfer · Conventional Mortgage EASTMAN CU
Oct 29, 2021	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 4, 2024 · Amount on Record
Deed Sale	Apr 4, 2024 · Amount on Record
Prior Sale	Oct 29, 2021 · Amount on Record
Deed Document Number	0006397972
Deed Book / Page	6397 / 972
Record Updated	Jun 8, 2026

April 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BUNCOMBE NC
Recording Date	Apr 4, 2024
Property Address	407 NEWFOUND RD, LEICESTER, NC 28748-9767
Document Number	0063970972
Book / Page	6397 / 972
Map Reference	MB 222 PG 18
Instrument Date	Mar 28, 2024
Transaction Type	Transfer
Record Updated	Sep 25, 2025

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,550.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9929 KERNS RD, HUNTERSVILLE, NC 28078-3601

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	901 STACY DR, SOUTHLAKE, TX 76092-4349

Mortgage

Document Number	0006397975
Date	Apr 4, 2024
Instrument	6397/975

Lender

Name	EASTMAN CU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	May 1, 2054

Interest

Rate Type	Adjustable Rate
Rate	6.5%
Adjustable	Adjustable Rate Rider
Change Frequency	Annually
Min Rate At Change	2.75%
Max Rate At Change	11.5%
Index	1-Year CMT
Max Rate	11.2%

October 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BUNCOMBE NC
Recording Date	Oct 29, 2021
Property Address	407 NEWFOUND RD, LEICESTER, NC 28748-9767
Document Number	0061410800
Book / Page	6141 / 800
Map Reference	MB 222 PG 18
Instrument Date	Oct 25, 2021
Transaction Type	Transfer
Record Updated	Sep 25, 2025

Transaction

Amount	Amount Recorded
Tax	$980.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	PO BOX 2556, LEICESTER, NC 28748-2556

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	8136 ENERGY LN, CATAWBA, NC 28609-9256

Tax Assessment & Valuation

Source: Buncombe County assessment roll, as of January 1, 2025

Property Jurisdictions

Type	Name
State	North Carolina
County	Buncombe County
Unified School District	Buncombe County Schools (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,689.00 (+13.84%)	$373,300 (-)
2023	$2,362.00	$373,300	$373,300 (-) Land $79,000 Building $294,300
2021			$373,300 Land $79,000 Building $294,300

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective April 9, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 64% of the US · above 87% of North Carolina
Wildfire Likelihood	0.3% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF ASHEVILLE serves 157,431 people · EPA ID NC0111010
Water Source	Surface water
Last State Inspection	Apr 2026
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Treatment failure resolved · Oct 2024
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 66 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
Skyrunner Fixed Wireless	500 / 250
Verizon Fixed Wireless	300 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

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