$520,000
SOLD AUG 3, 2021
4 Beds
3 Baths
1,811 Sq Ft
0.29 Acres

Recently Sold

$287 Per Sq Ft

4% Below List Price

51 Days on Market

Highlights

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

About This Home

As of August 2021

Fantastic opportunity to own a very well maintained multiplex consisting of 2 homes (3 rental units) that is minutes to Sunny Point/West Asheville! The main house, 17 Hubbard, is a duplex that has a lot of “original charm”. The smaller second standalone cottage, 19 Hubbard, is a 412 sf one bedroom one bath with a cute covered front porch. All "systems" are 5 years old or less (gas furnace, mini-splits, gutters, roofs, sewer line and hot water heaters). It would be possible to expand one of the units and live in cool W. Avl while having great rental income from the others OR rent them all (owner has never had a gap in 25 years). Lots of off street parking. Huge back yard with lovely landscaping. Half of yard is fenced. Owner is selling property As-Is.

Last Agent to Sell the Property

Patricia Brown

EXP Realty LLC License #244661 Listed on: 04/22/2021

EXP Realty LLC

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Parking

  • Gravel Driveway

Home Design

  • Triplex
  • Traditional Architecture
  • Asbestos Siding

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • 3 Full Bathrooms
  • Crawl Space
  • Level Lot
  • Heating System Uses Propane

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes water
  • Assessor Parcel Number 9638-31-7805-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96296
  • Ratio Close Price By Original Li: 0.96296
  • Ratio Current Price By Acre: 1793103.45
  • Ratio Current Price By Sq Ft: 287.13
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Electric Oven, Electric Range, Refrigerator
  • Flooring: Tile, Vinyl, Wood
  • Laundry Location: Basement
  • Sq Ft Basement: 420
  • Total Sq Ft: 1811

Exterior Features

  • Construction: Aluminum, Asbestos, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 3

Utilities

  • Heating: Ductless/Mini-Split System, Gas Hot Air Furnace, Heat Pump - AC, Propane
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric, Gas

Schools

  • Elementary School: Vance
  • Middle School: Asheville
  • High School: Asheville

Lot Info

  • Lot Features: Level, Rolling, Sloping
  • Lot Size Area: 0.290
  • Parcel Number: 9638-31-7805-00000
  • Zoning Specification: RS8

Rental Info

  • Rent Includes: Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 299700.00
  • Tax Location: Asheville

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 13, 2021
Sold by
Martin Tammy Patrice and Hawk Tai
Bought by
Spain Nathaniel
Seller's Agent
Patricia Brown
EXP Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$540,000
Sold Price
$520,000
Premium/Discount to List
-$20,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$390,000
Outstanding Balance
$357,069
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$275,482

Purchase Details

Closed on
Oct 16, 2000
Sold by
Brown Patricia K
Bought by
Martin Tammy Patrice

Purchase Details

Closed on
Jul 16, 1996
Sold by
Ridis Cynthia R
Bought by
Martin and Martin
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $520,000 None Available
Quit Claim Deed $59,400 --
Deed $66,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $660,000 -2.8% $364 / Sq Ft
03/06/2025 03/06/25 For Sale $679,000 +30.6% $375 / Sq Ft
08/03/2021 08/03/21 Sold $520,000 -3.7% $287 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $540,000 -- $298 / 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 $2,963 $286,800 $103,100 $183,700
2022 $2,860 $286,800 $0 $0
2021 $2,989 $299,700 $0 $0
2020 $2,453 $227,600 $0 $0
2019 $2,453 $227,600 $0 $0
2018 $2,453 $227,600 $0 $0
2017 $0 $145,300 $0 $0
2016 $1,786 $145,300 $0 $0
2015 $1,786 $145,300 $0 $0
2014 $1,764 $145,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3711326

Canopy MLS (Canopy Realtor® Association)

APN: 9638-31-7805-00000