$4,000,000
$400K PRICE DROP

Estimated payment $22,960/month

Total Views 15,211
3 Beds
3.5 Baths
9,104 Sq Ft
$439 Price per Sq Ft

Highlights

  • City View
  • Wood Flooring
  • Patio
  • Asheville High Rated A-
  • Fireplace
  • 2-minute walk to Pritchard Park

About This Home

Prime opportunity with the meticulously updated 1910 historic Leader Building in Downtown Asheville.Every detail has been thoughtfully updated,from the beautifully preserved architectural elements to the energy efficient systems throughout the building.The upper level features a spacious and elegant 3,741 SF 3 br, 3.5 ba apartment. Designed with expansive living areas with high ceilings, abundant natural light, a mountain view, and high-end kitchen, this residence provides a perfect blend of character & modern comfort, plus plenty of storage room. The main & lower levels are occupied by well-established tenants with a long-term lease.This property presents a rare opportunity to own an exceptional residential unit while also benefiting with a commercial income stream. Financials available for review upon request. Disclosure. The City of Asheville classifies this residence as an apartment and not technically a condo.Can be "condonized."Buyer to confirm with City on exact requirements.

Listing Agent

Burns Aldridge

Hurley & Associates Real Estate Brokerage Phone: 828-231-4894 License #223716 Listed on: 08/30/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,976

Year Built

  • Built in 1910

Property Views

  • City
  • Mountain

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Laundry Room
  • Finished Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Outdoor Features

  • Patio

Schools

  • Asheville City Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Cooling System Powered By Gas
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9649-40-1287-00000

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,976

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1910
  • Restrictions: N/A
  • Restrictions Description: None
  • Second Living Quarters: None
  • Road Surface Type: None, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 439.37
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: 828-231-4894
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Entry Level: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2852
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 611
  • Sq Ft Unheated Total: 611
  • Sq Ft Upper: 3741
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Oven, Refrigerator with Ice Maker, Tankless Water Heater, Washer/Dryer
  • Above Grade Finished Sq Ft: 6593
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2511
  • Fireplace Features: Gas Log
  • Living Area: 9104
  • Bedroom Main: 0
  • Room Count: 1
  • Sq Ft Other: 688
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: City, Mountain(s)
  • Exclusions: See attachment
  • Construction Type: Brick Full
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Utility Room, Laundry Room
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Gas, Heat Pump
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.08
  • Lot Size Units: Acres
  • Parcel Number: 9649-40-1287-00000
  • Zoning: CBD
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CBD

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,976 $1,247,000 $505,300 $741,700
2023 $13,976 $1,222,700 $505,300 $717,400
2022 $12,193 $1,222,700 $505,300 $717,400
2021 $12,193 $1,222,700 $0 $0
2020 $8,818 $818,100 $0 $0
2019 $8,818 $818,100 $0 $0
2018 $8,818 $818,100 $0 $0
2017 $8,900 $723,600 $0 $0
2016 $8,893 $723,600 $0 $0
2015 $8,893 $723,600 $0 $0
2014 $8,785 $723,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Price Changed $4,000,000 -9.1% $439 / Sq Ft
08/30/2024 08/30/24 For Sale $4,400,000 -- $483 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $758,000 None Available
Warranty Deed $758,000 None Available
Warranty Deed -- --
Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Open $425,000 Commercial
Closed $425,000 Commercial
Previous Owner $350,000 Unknown
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4178413

Canopy MLS (Canopy Realtor® Association)

APN: 9649-40-1287-00000