NOT LISTED FOR SALE

117 Moody Ave Candler, NC 28715

Estimated Value: $407,000 - $427,000

4 Beds
2 Baths
1,789 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $298,000 $167 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,442/month

About This Home

As of September 2020

Looking for a house hacking opportunity to live in one unit and and have the other pay your mortgage? Interested in adding an investment property with a strong rental history to your portfolio? Want a duplex with some sweat equity potential to flip in this low-to-no inventory market?! With two functionally laid out 2/1 units, 2 unused sewer taps to get off septic and room to expand on this 0.46 acre lot, 117 Moody Ave. is a unique Candler property with plenty of upside. Only 10 mins outside of W. AVL & Haywood Rd., 15mins from downtown, 5mins from 2 brand new Ingles locations, a YMCA, Planet Fitness, Starbucks AND Chic-fil-a, and only 3mins from Home Depot for all your renovating needs, enjoy all of West Asheville's charm and amenities without paying the premium! Come be a part of this growing neighborhood and take this opportunity to become the owner of one of Buncombe's rare duplexes!

A portion of the main level laundry room/office has a ceiling height under 7 feet.

Last Agent to Sell the Property

Zacory Ruiz

EXP Realty LLC License #316632 Listed on: 07/31/2020

EXP Realty LLC

Last Buyer's Agent

Jeremy Laster

Unique: A Real Estate Collective License #296543

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.46

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Cottage
  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Utilities

  • Heating System Uses Kerosene
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes garbage pick-up, water
  • Assessor Parcel Number 9617-46-7134-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Bungalow, Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.04561
  • Ratio Close Price By Original Li: 1.04561
  • Ratio Current Price By Acre: 647826.09
  • Ratio Current Price By Sq Ft: 166.57
  • Year Built: 1950
  • Property Features: Attic Other, Porch/Patio
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), CO Detector, Electric Dryer Hookup, Electric Range, Exhaust Hood, Refrigerator
  • Flooring: Laminate Wood, Wood
  • Laundry Location: Main, Basement
  • Sq Ft Basement: 819
  • Total Sq Ft: 1789

Exterior Features

  • Construction: Concrete Block, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt, Shared
  • Parking: Driveway

Utilities

  • Heating: Electric Baseboard Heat, Kerosene, Window Unit
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Sand Hill-Venable/Enka
  • Middle School: Enka
  • High School: Enka

Lot Info

  • Lot Size Area: 0.460
  • Parcel Number: 9617-46-7134-00000
  • Plat Book Slide: 0024/0060
  • Zoning Specification: RM6

Rental Info

  • Rent Includes: Garbage Pick-up, Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 149600.00
  • Tax Location: Asheville

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 25, 2020
Sold by
Green Cynthia Ann
Bought by
Ridenour Austin W and Ridenour Emily L
Seller's Agent
Zacory Ruiz
EXP Realty LLC
Buyer's Agent
Jeremy Laster
Unique: A Real Estate Collective
List Price
$285,000
Sold Price
$298,000
Premium/Discount to List
$13,000
4.56%
Current Estimated Value
$416,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,943
Avg. Annual Appreciation
6.81%
Original Mortgage
$298,000
Outstanding Balance
$264,941
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$152,002

Purchase Details

Closed on
Jul 31, 2006
Sold by
Trull Cynthia G and Childress Cynthia G
Bought by
Trull Randall B and Trull Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 1, 2004
Sold by
Russell Robin E
Bought by
Childress Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Grady William D and Grady Karolen A
Bought by
Russell Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,895
Interest Rate
5.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Stanley Jerry D and Stanley Ruth F
Bought by
Grady William D and Grady Karolen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.18%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ridenour Austin W $298,000 None Available
Trull Randall B -- None Available
Childress Cynthia G $138,000 --
Russell Robin E $128,000 --
Grady William D $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridenour Austin W $298,000
Previous Owner Trull Randall B $128,000
Previous Owner Childress Cynthia G $124,200
Previous Owner Russell Robin E $116,895
Previous Owner Grady William D $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $298,000 +4.6% $167 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $285,000 -- $159 / 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 $2,678 $288,900 $35,500 $253,400
2024 $2,678 $288,900 $35,500 $253,400
2023 $2,678 $280,800 $35,500 $245,300
2022 $2,502 $280,800 $0 $0
2021 $2,502 $280,800 $0 $0
2020 $1,433 $149,600 $0 $0
2019 $1,433 $149,600 $0 $0
2018 $1,433 $149,600 $0 $0
2017 $1,448 $107,100 $0 $0
2016 $1,156 $107,100 $0 $0
2015 $1,156 $107,100 $0 $0
2014 $1,140 $107,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3646815

Canopy MLS (Canopy Realtor® Association)

APN: 9617-46-7134-00000