NOT LISTED FOR SALE

122 & 120 Fountain Way Unit 13-14 Swannanoa, NC 28778

Estimated Value: $325,000 - $498,000

6 Beds
3 Baths
1,475 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $395,000 $268 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,240/month

105 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot
  • Fireplace

About This Home

As of November 2021

This Property is two homes being sold together. Each home has its own pin number. Live in one and lease the other. Check with lender before making in an offer Home is close to grocery store, pharmacy, hard ware store, P.O. and much more. 12 Minutes to Asheville and Black Mountain. Tenant occupied on month to month. In120 lease is up Feb.2022 for 122 Both tenants would like to stay in place.

Last Agent to Sell the Property

Cathy Moore

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #262417 Listed on: 07/08/2021

Last Buyer's Agent

Levi Bennett

COMPASS License #333766

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Laminate
  • Tile

Schools

  • Wd Williams Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Listing and Financial Details

  • Tenant pays for cable, electricity, garbage pick-up, all except water
  • Rent includes sewer, water
  • Assessor Parcel Number 9698-29-5730-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.98874
  • Ratio Close Price By Original Li: 0.87778
  • Ratio Current Price By Acre: 2323529.41
  • Ratio Current Price By Sq Ft: 267.80
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Living Room, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Laundry Location: Main
  • Sq Ft Additional: 900
  • Total Sq Ft: 1475

Exterior Features

  • Construction: Aluminum, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Ductless/Mini-Split System, Electric Baseboard Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: WD Williams
  • Middle School: Charles D Owen
  • High School: Charles D Owen
  • Middle Or Junior School: Charles D Owen

Lot Info

  • Lot Features: Level, Mountain View, Year Round View
  • Lot Size Area: 0.170
  • Parcel Number: 9698-29-5730-00000
  • Zoning Specification: R-1

Rental Info

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

Tax Info

  • Tax Value: 138800.00
  • Tax Location: Swannanoa

Multi Family

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

MLS Schools

  • Elementary School: WD Williams
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Nov 8, 2021
Sold by
Moore Cathy Ellen
Bought by
Jls Stanco Properties Llc
Seller's Agent
Cathy Moore
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Levi Bennett
COMPASS
List Price
$450,000
Sold Price
$395,000
Premium/Discount to List
-$55,000
-12.22%
Current Estimated Value
$400,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,641
Avg. Annual Appreciation
0.36%
Original Mortgage
$296,250
Outstanding Balance
$73,160
Interest Rate
3.01%
Mortgage Type
Seller Take Back
Estimated Equity
$327,481
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
Jls Stanco Properties Llc $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jls Stanco Properties Llc $296,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $395,000 -1.1% $268 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $399,500 -11.2% $271 / Sq Ft
07/08/2021 07/08/21 For Sale $450,000 -- $305 / 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 -- $229,500 $41,700 $187,800
2024 -- $229,500 $41,700 $187,800
2023 $1,464 $229,500 $41,700 $187,800
2022 $0 $229,500 $41,700 $187,800
2021 $872 $138,800 $0 $0
2020 $621 $92,800 $0 $0
2019 $621 $92,800 $0 $0
2018 $621 $92,800 $0 $0
2017 $620 $82,700 $0 $0
2016 $606 $82,700 $0 $0
2015 $606 $82,700 $0 $0
2014 $606 $82,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3759483

Canopy MLS (Canopy Realtor® Association)

APN: 9698-29-5730-00000