NOT LISTED FOR SALE

121 Merchant St Unit F Asheville, NC 28803

Oakley Neighborhood

Estimated Value: $396,000 - $458,000

3 Beds
2 Baths
1,869 Sq Ft
$125/mo HOA Fee

Last Sold January 24, 2022

Last sale price $359,000 $192 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,695/month

3 Days on Market

Highlights

  • Open Floorplan
  • Tile Flooring
  • Kitchen Island
  • Transitional Architecture

About This Home

As of January 2022

Welcome to Willow Arbor, a community of 8 homes in convenient East Asheville location. Main level living has a split bedroom plan with 2 bedrooms and 2 full baths as well as laundry. Very bright floor plan open from the kitchen to dining and living area with island for additional bar seating. New carpet and paint throughout upper level and new paint and plank flooring throughout lower level. New HVAC 2021. Lower level is set up to have additional bedroom as well as den, office, game room or just additional finished living area. Full front covered porch for outdoor space as well as a small deck on the lower level. Preventative radon mitigation system installed 2021. Home is move in ready!

Last Agent to Sell the Property

Julie May

Keller Williams Professionals License #191512 Listed on: 12/20/2021

Keller Williams Professionals

Last Buyer's Agent

Jackie Dirscherl

Mosaic Community Lifestyle Realty License #326419

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • 0.84

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Insulated Windows
  • Kitchen Island

Flooring

  • Tile
  • Vinyl Plank

Schools

  • Fairview Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Utilities

  • Cable TV Available

Community Details

  • Willow Arbor Condo HOA

Listing and Financial Details

  • Assessor Parcel Number 9657-47-1886-C000F

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.99750
  • Ratio Close Price By Original Li: 0.99750
  • Ratio Current Price By Sq Ft: 192.08
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Range, Ice Maker Connection, Radon Mitigation System, Refrigerator, Washer
  • Flooring: Carpet, Tile, Vinyl Plank
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Split BR Plan
  • Laundry Location: Main
  • Room Count: 2
  • Lower Level Sq Ft: 888
  • Main Level Sq Ft: 981
  • Total Sq Ft: 1869
  • Sq Ft Unheated Lower: 32
  • Sq Ft Unheated Total: 32

Exterior Features

  • Construction: Fiber Cement, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • Complex Name: Willow Arbor
  • HOA Management Company: Willow Arbor Condo HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Fairview
  • Middle School: AC Reynolds
  • High School: AC Reynolds
  • Middle Or Junior School: AC Reynolds

Lot Info

  • Lot Features: Paved Frontage
  • Parcel Number: 9657-47-1886-C000F
  • Plat Book Slide: 84
  • Plat Reference Section Pages: 77
  • Zoning Specification: RS8

Tax Info

  • Tax Value: 295000.00
  • Tax Location: Asheville

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 20, 2022
Sold by
Williams James C and Williams Barbara N
Bought by
Peavey Melissa Bobbie
Seller's Agent
Julie May
Keller Williams Professionals
Buyer's Agent
Jackie Dirscherl
Mosaic Community Lifestyle Realty
List Price
$359,900
Sold Price
$359,000
Premium/Discount to List
-$900
-0.25%
Current Estimated Value
$427,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,706
Avg. Annual Appreciation
4.92%
Original Mortgage
$352,497
Outstanding Balance
$330,060
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$95,320

Purchase Details

Closed on
Aug 19, 2004
Sold by
Sovereign Properties Llc
Bought by
Williams James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Peavey Melissa Bobbie $359,000 None Listed On Document
Williams James C $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peavey Melissa Bobbie $8,315
Open Peavey Melissa Bobbie $352,497
Closed Peavey Melissa Bobbie $352,497
Previous Owner Williams James C $142,500
Previous Owner Williams James C $25,000
Previous Owner Williams James C $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $359,000 -0.3% $192 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $359,900 -- $193 / 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
2023 $2,734 $295,000 $0 $295,000
2022 $2,628 $295,000 $0 $0
2021 $2,628 $295,000 $0 $0
2020 $1,684 $175,800 $0 $0
2019 $1,684 $175,800 $0 $0
2018 $1,684 $175,800 $0 $0
2017 $1,702 $148,400 $0 $0
2016 $1,601 $0 $0 $0
2015 $1,601 $148,400 $0 $0
2014 $1,579 $148,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3814706

Canopy MLS (Canopy Realtor® Association)

APN: 9657-47-1886-C000F