NOT LISTED FOR SALE

Estimated Value: $1,462,000 - $1,968,000

3 Beds
2.5 Baths
2,169 Sq Ft
$425/mo HOA Fee

Last Sold December 07, 2022

Last sale price $1,800,000 $830 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,145/month

124 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Asheville High Rated A-
  • Contemporary Architecture
  • End Unit

About This Home

As of December 2022

Short term rentals are allowed here. Elegance, contemporary design, and unrivaled quality set the tone at #1001 full custom renovation. Offering an ethereal way of living and an abundance of natural sunlight throughout all 2,169 square feet. Located on the 10th floor, the 3-bedroom, 2.5-bathroom condominium is finished to the highest of standards. The residence houses the finest walnut flooring, custom cabinetry, Taj Mahal countertops, luxurious bathrooms, custom built-ins, and endless, subtle architectural detail. Floor-to-ceiling windows with motorized shades and a large balcony boast the sweeping views of downtown Asheville, the Blue Ridge Mountains and the Grove Park Inn. Garage parking, meeting room and gym complete the picture of this ideal condominium just steps away from all that downtown Asheville has to offer. SHORT TERM RENTAL ALLOWED IN BUILDING.

Last Agent to Sell the Property

Marilyn Wright

Premier Sotheby’s International Realty License #265917 Listed on: 06/29/2021

Premier Sotheby’s International Realty

Last Buyer's Agent

Matt Payne

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #319746

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,034

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • Gated Home
  • Level Lot

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Ramp on the main level
  • Flooring Modification

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Heating
  • Heat Pump System
  • Natural Gas Connected
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9649-21-3042-C010A

Community Details

Overview

  • Ipm HOA, Phone Number (828) 650-6875
  • High-Rise Condominium
  • The Residence At 151 Condos
  • The Residence At 151 Subdivision
  • Mandatory home owners association

Amenities

  • Business Center
  • Elevator

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,034

Year Built

Built in 2009

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Year Built: 2009
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 10
  • Road Surface Type: Asphalt, Circular, Gated
  • Structure Type: High-Rise
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 829.88
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Built Ins, Cable Available, Open Floorplan, Pantry, Split Bedroom, Storage Unit, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2169
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 179
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 179
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Balcony,Covered
  • Appliances: Bar Fridge, Cable Prewire, Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Range, Plumbed For Ice Maker, Microwave, Natural Gas, Network Ready, Oven, Refrigerator, Wall Oven, Wine Refrigerator
  • Accessibility Features: Elevator, Mobility Friendly Flooring, No Interior Steps, Ramp(s)-Main Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2169
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Elevator, Storage, Terrace, Wired Internet Available
  • New Construction: No
  • Roof: None
  • Tax Location: Asheville
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Other

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Assigned, Attached Garage, Parking Garage

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Business Center, Elevator, Fitness Center, Sidewalks, Street Lights
  • Association Fee: 425
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Residence at 151
  • Association Name: IPM HOA
  • Phone: 8286506875
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 5100.00

Lot Info

  • Lot Features: End Unit, Level, Long Range View, Mountain View, Paved, Views, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 9649-21-3042-C010A
  • Plat Book Slide: 124/83
  • Land Included Yn: 0
  • Zoning Description: CBD
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 1.86850

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Dec 1, 2022
Sold by
Burns-Fazzi Christine and Burns-Fazzi Edward Lee
Bought by
Daniels Family Llc
Seller's Agent
Marilyn Wright
Premier Sotheby’s International Realty
Buyer's Agent
Matt Payne
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$1,975,000
Sold Price
$1,800,000
Premium/Discount to List
-$175,000
-8.86%
Views
80
Current Estimated Value
$1,766,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,489
Avg. Annual Appreciation
-0.68%

Purchase Details

Closed on
Aug 9, 2013
Sold by
The Suites At 151 Llc
Bought by
Burns Fazzi Christine and Fazzi Edward Lee
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
Daniels Family Llc $1,800,000 --
Burns Fazzi Christine $1,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Fazzi Christine A $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $1,800,000 -8.9% $830 / Sq Ft
11/09/2022 11/09/22 For Sale $1,975,000 +9.7% $911 / Sq Ft
11/07/2022 11/07/22 Off Market $1,800,000 -- --
03/30/2022 03/30/22 Price Changed $1,975,000 -8.1% $911 / Sq Ft
11/17/2021 11/17/21 For Sale $2,150,000 0.0% $991 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $2,150,000 -8.5% $991 / Sq Ft
08/27/2021 08/27/21 Price Changed $2,350,000 -4.1% $1,083 / Sq Ft
06/29/2021 06/29/21 For Sale $2,450,000 -- $1,130 / 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
2024 $14,034 $1,252,100 -- $1,252,100
2023 $14,034 $1,252,100 $0 $1,252,100
2022 $11,990 $1,202,400 $0 $0
2021 $11,990 $1,202,400 $0 $0
2020 $11,393 $1,057,000 $0 $0
2019 $11,393 $1,057,000 $0 $0
2018 $11,393 $1,057,000 $0 $0
2017 $11,499 $823,200 $0 $0
2016 $10,117 $0 $0 $0
2015 $10,117 $823,200 $0 $0
2014 $9,994 $823,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3747125

Canopy MLS (Canopy Realtor® Association)

APN: 9649-21-3042-C010A