NOT LISTED FOR SALE

Estimated Value: $696,000 - $1,218,000

5 Beds
2 Baths
3,558 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $400,000 $112 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,653/month

154 Days on Market

Highlights

  • Wood Flooring
  • Asheville High Rated A-
  • Level Lot

About This Home

As of April 2018

Two Story brick town home only 2 blocks from downtown Asheville. Perfect Historic Montford Reno Project. $137 per Sq Ft, selling this property As-Is; needs work. Live in one side and rent the other. Left side unit is just over 2000sf, offers 3 bds, 1 ba, tall ceilings and hardwood floors. Right side is just under 1600sf, offers 2 bds 1 ba, covered porch and back patio. This property can be subdivided in to 2 separate town homes and sold off separately. House does need some exterior TLC. 24 Hour notice required

Last Agent to Sell the Property

Jay Lurie

The Real Estate Center License #192865 Listed on: 11/06/2017

Last Buyer's Agent

Pamela Brown

Choice Mountain Properties License #250697

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 9,148

Home Design

  • Duplex

Flooring

  • Wood
  • Vinyl

Additional Features

  • Oven
  • 2 Full Bathrooms
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 9649116992

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.81800
  • Ratio Close Price By Original Li: 0.80160
  • Ratio Current Price By Acre: 1904761.90
  • Ratio Current Price By Sq Ft: 112.42
  • Year Built: 1897
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Equipment: Oven, Refrigerator
  • Flooring: Carpet, Vinyl, Wood
  • Total Sq Ft: 3558

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Space - 4+

Utilities

  • Heating: Gas Hot Air Furnace, No A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Asheville City
  • Middle School: Asheville
  • High School: Asheville

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.210
  • Parcel Number: 9649116992
  • Plat Reference Section Pages: 772
  • Zoning Specification: RM8

Tax Info

  • Tax Value: 376300.00
  • Tax Amount Ncm: 4093.77
  • Tax Location: Asheville

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2020
Sold by
Khalsa Mahan Kalpa
Bought by
Bearden Properties Llc
Current Estimated Value
$948,940

Purchase Details

Listed on
Nov 6, 2017
Closed on
Apr 19, 2018
Sold by
K And K Rentls Llc
Bought by
Khalsa Mahyan Kalpa and Mahan Kalpa Khalsa Trust
Seller's Agent
Jay Lurie
The Real Estate Center
Buyer's Agent
Pamela Brown
Choice Mountain Properties
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
May 10, 2004
Sold by
Batt Associates Inc
Bought by
K & K Rentals Llc

Purchase Details

Closed on
Mar 19, 2004
Sold by
Carver Gregory G and Vallee Carver Nancy J
Bought by
Wolfe Thomas
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
Bearden Properties Llc -- None Available
Khalsa Mahyan Kalpa $400,000 None Available
K & K Rentals Llc $326,000 --
Batt Associates Inc -- --
Wolfe Thomas $290,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $400,000 -19.8% $112 / Sq Ft
11/06/2017 11/06/17 For Sale $499,000 -- $140 / 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 $5,792 $560,100 $218,700 $341,400
2022 $5,585 $560,100 $0 $0
2021 $5,585 $560,100 $0 $0
2020 $5,633 $522,600 $0 $0
2019 $5,633 $522,600 $0 $0
2018 $4,056 $376,300 $0 $0
2017 $4,094 $251,400 $0 $0
2016 $3,090 $251,400 $0 $0
2015 $3,090 $251,400 $0 $0
2014 $3,297 $271,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3335221

Canopy MLS (Canopy Realtor® Association)

APN: 9649-11-6992-00000