NOT LISTED FOR SALE

1130 Old Leicester Hwy Unit 1 Asheville, NC 28806

West Asheville Neighborhood

Estimated Value: $361,000 - $470,000

3 Beds
1 Bath
1,596 Sq Ft
$258/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $350,000 $219 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,352/month

40 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Covered Patio or Porch
  • West Buncombe Elementary School Rated A-
  • Cottage
  • 2 Car Attached Garage

About This Home

As of January 2024

Extremely well-maintained home, just outside the city limits and only 15 minutes from downtown Asheville. This cozy cottage, surrounded by mature trees, has been updated over the last couple of years. Improvements include: New septic installed in 2020, new HVAC in 2022, water heater replaced in 2021, and a new well pressure tank and whole-house filtration system was just installed. Enjoy cooking in the remodeled kitchen that has all-new appliances or entertaining guests on the covered back porch. The home would make a wonderful primary residence or could be used as a vacation rental. The property has been used in the past as a short term rental and was a solid income producer. The current owner says all furnishings are negotiable. NOTE: Around 225 SF of heated/finished basement has only 6' 7" ceiling height. 356 SF of finished basement is above 7'.**Furnishings Included**

Last Agent to Sell the Property

Eric Albee

Mosaic Community Lifestyle Realty Brokerage Email: eric@mymosaicrealty.com License #276445 Listed on: 10/27/2023

Last Buyer's Agent

Kevin Toups

NextHome Partners License #313181

NextHome Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,133

Year Built

  • Built in 1954

Lot Details

  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned OU

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cottage
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Covered Patio or Porch

Schools

  • West Buncombe/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Shared Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9710191302

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,133

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1954
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 219.30
  • Geocode Confidence: High
  • Attribution Contact: eric@mymosaicrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Tile, Laminate, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1240
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 884
  • Sq Ft Unheated Total: 884
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Wall Oven, Washer/Dryer
  • Above Grade Finished Sq Ft: 1240
  • Has Basement: Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 356
  • Living Area: 1596
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • Construction Type: Concrete Block, Vinyl
  • Patio And Porch Features: Covered, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Shared Septic
  • Laundry Features: In Basement
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9710191302
  • Zoning: OU
  • Plat Book Slide: 238/13
  • Plat Reference Section Pages: 238/13
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: West Buncombe/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 2, 2024
Sold by
Colavito Giselle Cuevas and Colavito Nicholas
Bought by
Allred Meghan O
Seller's Agent
Eric Albee
Mosaic Community Lifestyle Realty
Buyer's Agent
Kevin Toups
NextHome Partners
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Views
68
Current Estimated Value
$411,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,733
Avg. Annual Appreciation
9.18%
Original Mortgage
$343,660
Outstanding Balance
$337,946
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$73,787

Purchase Details

Closed on
Jun 17, 2021
Sold by
Manzo Henry and Manzo Marie
Bought by
Cuevas Edgar and Cuevas Giselle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2018
Sold by
Penland Holly Foster and Penland Frank Layton
Bought by
Manzo Henry and Manzo Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Allred Meghan O $350,000 None Listed On Document
Cuevas Edgar $335,000 None Available
Manzo Henry $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allred Meghan O $343,660
Previous Owner Cuevas Edgar $217,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2024 01/16/24 Sold $350,000 -1.1% $219 / Sq Ft
11/27/2023 11/27/23 Price Changed $354,000 -1.4% $222 / Sq Ft
10/27/2023 10/27/23 For Sale $359,000 -- $225 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

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
2025 $2,133 $206,500 $10,800 $195,700
2024 $2,133 $206,500 $25,800 $180,700
2023 $2,133 $337,000 $74,900 $262,100
2022 $2,100 $337,000 $0 $0
2021 $1,357 $217,800 $0 $0
2020 $1,244 $185,900 $0 $0
2019 $1,244 $185,900 $0 $0
2018 $1,427 $216,600 $0 $0
2017 $1,427 $199,400 $0 $0
2016 $1,444 $199,400 $0 $0
2015 $1,444 $199,400 $0 $0
2014 $1,404 $199,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4073380

Canopy MLS (Canopy Realtor® Association)

APN: 9710-19-1302-00000