NOT LISTED FOR SALE

18 Willow Ct Asheville, NC 28805

-- Bed
-- Bath
3,108 Sq Ft
68,825 Sq Ft Lot

Last Sold December 08, 2022

Last sale price $430,000 $138 Per Sq Ft

48 Days on Market

About This Home

As of December 2022

**UNDER CONTRACT- ACCEPTING BACKUP OFFERS!** Investor alert! Lovingly maintained for 25 years by the same owner, this well established quiet mobile home park on 1.58 acres, with city water and sewer, is just a short drive to downtown Asheville but requires no city taxes! 11 spots with 5 long term tenants have provided stable ROI for the current owner. 3 units convey with the property. 2 have leases with long term dependable tenants, and one was newly remodeled and recently leased at market price. 3 additional units have stable, long term month to month lot rental agreements. The park offers great potential for increased ROI as rents have been kept below market value, and there are 5 additional spaces ready and available for the next owner to fill. Please do not disturb current tenants. Listing agent will accompany potential buyers to walk lines and view exteriors for first showings. Access will be granted to see occupied homes on second showings only.

Last Agent to Sell the Property

Amy Miller

EXP Realty LLC License #325188 Listed on: 10/21/2022

EXP Realty LLC

Co-Listed By

Melissa Zerbarini

EXP Realty LLC License #274542

Last Buyer's Agent

Amber Bennett

Mosaic Community Lifestyle Realty License #335272

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 1.58

Parking

  • On-Street Parking

Home Design

  • 3,108 Sq Ft Home
  • Aluminum Siding
  • Vinyl Siding

Schools

  • Charles C Bell Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Additional Features

  • Laundry Room
  • Heat Pump System

Community Details

  • 11 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric heat, electricity
  • Rent includes garbage pick-up, sewer, water
  • Assessor Parcel Number 9669-63-4142-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

1.58 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1991
  • Ratio Current Price By Acre: 272151.90
  • Structure Type: Other
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: See Remarks
  • Fixture Exception Yn: 0
  • Appliances: Other
  • Living Area: 3108
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 784
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 980
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Sq Ft: 1344
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Manufactured
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: On Street

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 9669-63-4142-00000
  • Plat Reference Section Pages: 0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: Garbage Pick-up, Sewer, Water
  • Tenant Pays: Cable TV, Electric Heat, Electricity
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.73457

Multi Family

  • Number Of Units Total: 3
  • Unit Count: 11

MLS Schools

  • Elementary School: Charles C Bell
  • High School: AC Reynolds
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Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $430,000 0.0% $138 / Sq Ft
10/21/2022 10/21/22 For Sale $430,000 -- $138 / 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 -- $302,900 $45,800 $257,100
2024 -- $272,700 $45,800 $226,900
2023 $1,811 $272,700 $45,800 $226,900
2022 $1,572 $247,900 $0 $0
2021 $1,572 $247,900 $0 $0
2020 $1,523 $225,900 $0 $0
2019 $1,523 $225,900 $0 $0
2018 $1,466 $225,900 $0 $0
2017 $1,466 $130,900 $0 $0
2016 $935 $130,900 $0 $0
2015 $935 $130,900 $0 $0
2014 $935 $130,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3912448

Canopy MLS (Canopy Realtor® Association)
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