$775,000
SOLD MAR 1, 2022
2 Beds
2 Baths
1,438 Sq Ft
$460/mo HOA Fee

Recently Sold

$539 Per Sq Ft

3% Below List Price

144 Days on Market

Highlights

  • Whirlpool in Pool
  • Open Floorplan
  • Double Oven
  • Asheville High Rated A-
  • Wood Flooring
  • 1-minute walk to Pritchard Park

About This Home

As of March 2022

Luxury condo living in the center of Downtown Asheville in the coveted Art Deco Kress Building. Open and bright floor plan with soaring 13-foot ceilings and tons of windows to capture city and mountain views. Original birds eye maple floors throughout. Primary suite features walk-in closet and office space. Historic architectural details throughout add tremendous character artfully blended with luxurious updates. Separate storage unit plus additional storage in primary bedroom walk-in closet. Building features a stunning rooftop terrace to take in all of the sights and sounds of downtown. Secure building with elevator. Brand new water heater and recent inspection available upon request. No short term rentals allowed. Only minimum 6 month rentals allowed and no more than 2x/year. Seller to provide a $2500 credit for parking with acceptable offer!

Last Agent to Sell the Property

Adrienne Crowther

Nest Realty Asheville License #287204 Listed on: 09/02/2021

Nest Realty Asheville

Last Buyer's Agent

Carol Pennell

Ivester Jackson Blackstream License #201300

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1928

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Rubber Roof
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Window Treatments
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Whirlpool in Pool

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9649-40-0313-C00E3

Community Details

Overview

  • Lisa Parker Association, Phone Number (828) 275-2414
  • The Kress Condominium Condos
  • The Kress Condominium Subdivision
  • Mandatory home owners association

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,020

Year Built

Built in 1928

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 3
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Built Ins, Cable Available, Elevator, Kitchen Island, Open Floorplan, Storage Unit, Vaulted Ceiling, Walk-In Closet(s), Whirlpool, Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1328
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Other
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Hood, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Rooftop Terrace, Storage
  • New Construction: No
  • Roof: Rubber
  • Tax Location: Asheville
  • Construction Type: Site Built
  • Construction Type: Stone

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Other

Utilities

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

Condo/Co-op/Association

  • Community Features: Elevator
  • Association Fee: 459.75
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Kress Condominium
  • Association Name: Lisa Parker
  • Phone: 828-275-2414
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: Required

Lot Info

  • Lot Features: City View, Long Range View, Mountain View, Views, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 9649-40-0313-C00E3
  • Plat Book Slide: 85/182
  • Plat Reference Section Pages: 85/182
  • Land Included Yn: 0
  • Zoning Description: CBD

Tax Info

  • RATIO List Price By Tax Amount: 1.16075

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Sloan Eugene Blakely
Bought by
Eugene B Sloan Revocable Living Trust and Sloan
Current Estimated Value
$939,050

Purchase Details

Listed on
Sep 2, 2021
Closed on
Feb 23, 2022
Sold by
Reichenbach Revocable Trust
Bought by
Sloan Eugene Blakely
Seller's Agent
Adrienne Crowther
Nest Realty Asheville
Buyer's Agent
Carol Pennell
Ivester Jackson Blackstream
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Nov 12, 2020
Closed on
May 12, 2021
Sold by
Williamson Deanna L
Bought by
Reichenbach John Harrison and Reichenbach Laurie Lee
Seller's Agent
Julie Tallman
EXP Realty LLC
Buyer's Agent
Adrienne Crowther
Nest Realty Asheville
List Price
$925,000
Sold Price
$800,000
Premium/Discount to List
-$125,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.09%

Purchase Details

Closed on
Nov 9, 2018
Sold by
Williamson Edwin and Williamson Deanna W
Bought by
Williamson Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2012
Closed on
Aug 23, 2012
Sold by
Rudell Joel M and Rudell Marcie
Bought by
Williamson Deanna W and Williamson Edwin
Seller's Agent
Susan Cobb
Allen Tate/Beverly-Hanks Asheville-Downtown
Buyer's Agent
Kay Williamson
Allen Tate/Beverly-Hanks Asheville-North
List Price
$667,500
Sold Price
$630,000
Premium/Discount to List
-$37,500
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$417,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Coward Orville and Coward Carolyn L
Bought by
Rudell Joel M and Rudell Marcie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2005
Sold by
Itac 97 Llc
Bought by
Smith Beverly T and Beverly T Smith Family Trust

Purchase Details

Closed on
May 14, 2004
Sold by
Young Dean M
Bought by
Deholl John and Deholl Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,550 Worley & Peltz Pllc
Warranty Deed $800,000 None Available
Warranty Deed $800,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $630,000 --
Deed $630,000 --
Warranty Deed $650,000 None Available
Special Warranty Deed -- --
Warranty Deed $234,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $411,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $350,000 Unknown
Previous Owner $350,000 Purchase Money Mortgage
Previous Owner $161,000 Credit Line Revolving
Previous Owner $182,400 Purchase Money Mortgage
Previous Owner $3,800,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $775,000 -2.5% $539 / Sq Ft
02/08/2022 02/08/22 For Sale $795,000 0.0% $553 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
12/22/2021 12/22/21 Price Changed $795,000 -0.6% $553 / Sq Ft
11/15/2021 11/15/21 Price Changed $800,000 -1.2% $556 / Sq Ft
09/30/2021 09/30/21 Price Changed $810,000 -0.6% $563 / Sq Ft
09/02/2021 09/02/21 For Sale $814,999 +1.9% $567 / Sq Ft
05/28/2021 05/28/21 Sold $800,000 -8.6% $565 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $875,000 -2.8% $618 / Sq Ft
12/12/2020 12/12/20 Price Changed $899,900 -2.7% $636 / Sq Ft
11/12/2020 11/12/20 For Sale $925,000 +46.8% $653 / Sq Ft
08/22/2012 08/22/12 Sold $630,000 -5.6% $448 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $667,500 -- $475 / 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 $4,020 $717,400 $0 $717,400
2022 $3,577 $717,400 $0 $0
2021 $3,415 $684,900 $0 $0
2020 $3,397 $630,300 $0 $0
2019 $3,397 $630,300 $0 $0
2018 $3,397 $630,300 $0 $0
2017 $3,429 $570,000 $0 $0
2016 $3,503 $0 $0 $0
2015 $3,503 $570,000 $0 $0
2014 $3,460 $570,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3781588

Canopy MLS (Canopy Realtor® Association)

APN: 9649-40-0313-C00E3