NOT LISTED FOR SALE

175 S Lexington Ave Unit 205 Asheville, NC 28801

Downtown Asheville Neighborhood

Estimated Value: $355,000 - $463,000

1 Bed
1 Bath
713 Sq Ft
$170/mo HOA Fee

Last Sold May 10, 2019

Last sale price $283,000 $397 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,572/month

142 Days on Market

Highlights

  • Open Floorplan
  • Breakfast Bar
  • High Speed Internet
  • Asheville High Rated A-

About This Home

As of May 2019

South Slope of Asheville at your doorstep! Relax in this second floor, one bedroom condo after a good time playing in downtown Asheville. Private balcony, high ceilings, crown molding, hardwood floors are enhanced by the tons of natural light from large windows. Open kitchen offers plenty of cabinetry, granite counters with a high bar, and stainless appliances. Bedroom fits a king-size bed and has a large closet. Building features secured outer doors and parking, plus an exercise room. Make this your weekend retreat or full-time urban oasis in downtown Asheville.

Last Agent to Sell the Property

John Madden

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #275878 Listed on: 11/05/2018

Co-Listed By

Amy Fleming

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #245544

Last Buyer's Agent

Nick Hinton

The Hinton Realty Group License #284082

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 0.34

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Insulated Windows
  • Breakfast Bar

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Tessier Assoc. Association, Phone Number (828) 398-5261
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 9648-48-1412-C0205

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 0.94649
  • Ratio Close Price By Original Li: 0.91290
  • Ratio Current Price By Sq Ft: 396.91
  • Unit Floor Level: 3
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Doors and Windows: Insulated Windows
  • Entry Level: Upper
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Network Ready, Refrigerator, Washer, Electric Oven
  • H O A Management Phone: 828-398-5261
  • Interior Amenities: Breakfast Bar, Cable Available, Open Floorplan
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 713
  • Total Sq Ft: 713
  • Sq Ft Unheated Main: 70
  • Sq Ft Unheated Total: 70

Exterior Features

  • Construction: Fiber Cement, Wood
  • Construction Type: Off Frame Modular
  • Exterior Features: Wired Internet Available, Satellite Internet Available

Garage/Parking

  • Parking: Assigned Parking Space - 1, Basement, Garage Door Opener, Parking Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 169.76
  • Association Fee Frequency: Monthly
  • Complex Name: Lexington Station
  • HOA Management Company: Tessier Assoc.
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Parcel Number: 9648-48-1412-C0205
  • Plat Book Slide: 102/184
  • Zoning Specification: CBD

Tax Info

  • Tax Value: 218700.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Apr 29, 2019
Sold by
Samhat Nayef H and Samhat Premanjali R
Bought by
Heard George Lance
Seller's Agent
John Madden
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Nick Hinton
The Hinton Realty Group
List Price
$310,000
Sold Price
$283,000
Premium/Discount to List
-$27,000
-8.71%
Current Estimated Value
$409,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,397
Avg. Annual Appreciation
5.83%
Original Mortgage
$226,400
Outstanding Balance
$197,702
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$211,695

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 5, 2016
Sold by
Memory Alexa and Bazley Michael
Bought by
Samhat Nayef H and Samhat Permenjali R
Seller's Agent
Scott Carter
The Real Estate Center
Buyer's Agent
John Madden
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$192,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Heard George Lance $283,000 None Available
Samhat Nayef H $243,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heard George Lance $226,400
Previous Owner Samhat Nayef H $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2019 05/10/19 Sold $283,000 -5.4% $397 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $299,000 -3.5% $419 / Sq Ft
11/05/2018 11/05/18 For Sale $310,000 +29.2% $435 / Sq Ft
12/09/2016 12/09/16 Sold $240,000 -3.6% $308 / Sq Ft View Prior Sale
10/27/2016 10/27/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $249,000 -- $320 / 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 $2,938 $262,100 -- $262,100
2024 $2,938 $262,100 -- $262,100
2023 $2,938 $262,100 $0 $262,100
2022 $2,614 $262,100 $0 $262,100
2021 $2,614 $262,100 $0 $0
2020 $2,357 $218,700 $0 $0
2019 $2,357 $218,700 $0 $0
2018 $2,357 $218,700 $0 $0
2017 $2,379 $150,600 $0 $0
2016 $1,851 $0 $0 $0
2015 $1,851 $150,600 $0 $0
2014 $1,828 $150,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Madden

    Seller's Agent in 2019

    John Madden

    Howard Hanna Beverly-Hanks Asheville-Biltmore Park

    (732) 309-7100

    57 Total Sales

    John Madden
    Section Image
  • Amy Fleming

    Seller Co-Listing Agent in 2019

    Amy Fleming

    Howard Hanna Beverly-Hanks Asheville-Biltmore Park

    (828) 687-0293

    34 Total Sales

    Amy Fleming
    Section Image
  • Nick Hinton

    Buyer's Agent in 2019

    Nick Hinton

    The Hinton Realty Group

    (828) 222-3849

    3 in this area

    84 Total Sales

    Nick Hinton
    Section Image
  • Scott Carter

    Seller's Agent in 2016

    Scott Carter

    The Real Estate Center

    (828) 215-9701

    6 in this area

    24 Total Sales

    Scott Carter
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3449860

Canopy MLS (Canopy Realtor® Association)

APN: 9648-48-1412-C0205

North Carolina Buncombe County Asheville 28801 Downtown Asheville

175 S Lexington Ave Unit 205, Asheville, NC

Not Listed for Sale

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