NOT LISTED FOR SALE

16 Spears Ave Unit 9 Asheville, NC 28801

North Asheville Neighborhood

Estimated Value: $368,000 - $402,000

3 Beds
2.5 Baths
1,257 Sq Ft
436 Sq Ft Lot

Last Sold April 28, 2021

Last sale price $280,000 $223 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,421/month

6 Days on Market

Highlights

  • Open Floorplan
  • Front Green Space
  • Level Lot
  • Asheville High Rated A-
  • Tile Flooring
  • Wood Burning Fireplace

About This Home

As of April 2021

Coveted location; spacious, turn key townhome, a short stroll from Downtown & UNCA. Recently renovated with new tile, carpet, paint, remodeled bathrooms and a new refrigerator. Open kitchen & living room complete with stainless steel appliances, breakfast bar & wood burning fireplace. Main level front bedroom/home office, next to full bath. The 2nd level master has a private full bath and ample closet space, including a bonus storage closet off the hallway. The 3rd bedroom adjoins a half bath. Sunlight streams into front bedrooms. Outside, a private fenced-in patio is great for cookouts, and a climate-controlled storage shed offers a washer/dryer. Oak Terrace Townhomes features a large community green space & community garden. Two off street parking spaces come with this unit. HOA welcome packet explains pet guidelines. Complex is on a bus line with easy access to downtown, Botanical Gardens, dining, shopping (e.g. Trader Joe’s & Whole Foods) & great schools. Hurry!

Last Agent to Sell the Property

Liz Wiederhold

Ivester Jackson Blackstream License #207643 Listed on: 03/24/2021

Last Buyer's Agent

Sue Francisco

Carolina Mountain Sales License #277555

Carolina Mountain Sales

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Front Green Space

HOA Fees

  • $231 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace

Flooring

  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 9649-25-7860-00000

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

436 Sq Ft Lot

HOA Fees

$231 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.01818
  • Ratio Close Price By Original Li: 1.01818
  • Ratio Current Price By Acre: 28000000.00
  • Ratio Current Price By Sq Ft: 222.75
  • Unit Floor Level: 1
  • Year Built: 1983
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 539
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Dishwasher, Electric Oven, Refrigerator
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 55
  • Main Level Sq Ft: 718
  • Total Sq Ft: 1257

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 231.00
  • Association Fee Frequency: Monthly
  • Complex Name: Oak Terrace
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Green Area, Level
  • Parcel Number: 9649-25-7860-00000
  • Plat Book Slide: 47/185
  • Zoning Specification: RM16

Tax Info

  • Tax Value: 174500.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 26, 2021
Sold by
Brady Barbara M
Bought by
Cotteta Christopher H
Seller's Agent
Liz Wiederhold
Ivester Jackson Blackstream
Buyer's Agent
Sue Francisco
Carolina Mountain Sales
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$379,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,711
Avg. Annual Appreciation
6.43%
Original Mortgage
$266,000
Outstanding Balance
$240,686
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$139,025

Purchase Details

Closed on
Oct 5, 2005
Sold by
Larmore Margaret C
Bought by
Brady Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cotteta Christopher H $280,000 None Available
Brady Barbara M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotteta Christopher H $266,000
Previous Owner Brady Barbara M $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $280,000 +1.8% $223 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $275,000 -- $219 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,573 $249,100 $30,000 $219,100
2024 $2,573 $249,100 $30,000 $219,100
2023 $2,573 $249,100 $30,000 $219,100
2022 $2,484 $249,100 $0 $0
2021 $2,263 $226,900 $0 $0
2020 $1,881 $174,500 $0 $0
2019 $1,881 $174,500 $0 $0
2018 $1,881 $174,500 $0 $0
2017 $1,898 $153,900 $0 $0
2016 $1,891 $153,900 $0 $0
2015 $1,891 $153,900 $0 $0
2014 $1,868 $153,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liz Wiederhold

    Seller's Agent in 2021

    Liz Wiederhold

    Ivester Jackson Blackstream

    (828) 778-9000

    2 in this area

    42 Total Sales

    Liz Wiederhold
    Section Image
  • Sue Francisco

    Buyer's Agent in 2021

    Sue Francisco

    Carolina Mountain Sales

    (828) 280-7743

    2 in this area

    31 Total Sales

    Sue Francisco
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3722137

Canopy MLS (Canopy Realtor® Association)

APN: 9649-25-7860-00000

North Carolina Buncombe County Asheville 28801 North Asheville

16 Spears Ave Unit 9, Asheville, NC

Not Listed for Sale

Condos

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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