NOT LISTED FOR SALE

124 Florida Ave Unit A, B, & C Asheville, NC 28806

West Asheville Neighborhood

Estimated Value: $675,000 - $812,000

6 Beds
3 Baths
2,580 Sq Ft
$287/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $440,000 $171 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,228/month

77 Days on Market

About This Home

As of November 2018

Floor plan diagram now in photos!

West Asheville walkability and convenience! Three 2 bedroom / 1 bathroom units between Oyster House on Haywood Rd and Starbucks on Patton Ave offer an ideal location for shopping, dining, and entertainment. There is off street parking and each unit has an open feel and provides washer and dryer hook-ups, dishwasher, and central heat/air. Purchase this Tri-Plex, live in one unit, and rent the other 2, or rent all three for positive monthly cashflow! Please be courteous of the tenants and schedule a showing with the listing agent at least 48 hours in advance.

Last Agent to Sell the Property

Trenton Braswell

Keller Williams Professionals License #294405 Listed on: 07/03/2018

Keller Williams Professionals

Last Buyer's Agent

Caleb Coaplen

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #265511

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 0.41

Home Design

  • Triplex
  • Vinyl Siding

Additional Features

  • 3 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities, cable, electricity, water
  • Rent includes exterior maintenance
  • Assessor Parcel Number 963837612600000

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95652
  • Ratio Close Price By Original Li: 0.88000
  • Ratio Current Price By Acre: 1073170.73
  • Ratio Current Price By Sq Ft: 170.54
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Refrigerator, Electric Oven
  • Laundry Location: Main
  • Total Sq Ft: 2580

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Space - 4+

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.410
  • Parcel Number: 963837612600000
  • Zoning Specification: RM16

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities, Cable, Electricity, Water

Tax Info

  • Tax Value: 372500.00
  • Tax Location: Asheville

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Nov 2, 2018
Sold by
Mohammed Zeyneb
Bought by
Lynch Serena Nichole and Lynch Jacob Edward
Seller's Agent
Trenton Braswell
Keller Williams Professionals
Buyer's Agent
Caleb Coaplen
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$480,000
Sold Price
$440,000
Premium/Discount to List
-$40,000
-8.33%
Current Estimated Value
$740,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,176
Avg. Annual Appreciation
7.72%
Original Mortgage
$352,000
Outstanding Balance
$303,371
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$436,805

Purchase Details

Closed on
Jul 21, 2003
Sold by
Ball Enterprises Inc
Bought by
Mohammed Zeyneb

Purchase Details

Closed on
Dec 13, 2002
Sold by
Liberty Properties
Bought by
Ball Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
6.08%

Purchase Details

Closed on
Dec 21, 1999
Sold by
Woody James B
Bought by
Liberty Properties
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
Lynch Serena Nichole $440,000 None Available
Mohammed Zeyneb $230,000 --
Ball Enterprises Inc $19,000 --
Liberty Properties $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Serena Nichole $352,000
Previous Owner Ball Enterprises Inc $15,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $440,000 -4.3% $171 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/11/2018 09/11/18 Price Changed $460,000 -4.2% $178 / Sq Ft
08/17/2018 08/17/18 Price Changed $480,000 0.0% $186 / Sq Ft
08/17/2018 08/17/18 For Sale $480,000 -4.0% $186 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $500,000 -- $194 / 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 $4,155 $401,800 $111,200 $290,600
2024 $4,155 $399,600 $109,000 $290,600
2023 $4,155 $399,600 $109,000 $290,600
2022 $3,985 $399,600 $0 $0
2021 $3,985 $399,600 $0 $0
2020 $4,015 $372,500 $0 $0
2019 $4,015 $372,500 $0 $0
2018 $4,015 $372,500 $0 $0
2017 $4,052 $224,300 $0 $0
2016 $2,757 $224,300 $0 $0
2015 $2,757 $224,300 $0 $0
2014 $2,723 $224,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3410436

Canopy MLS (Canopy Realtor® Association)

APN: 9638-37-6126-00000