NOT LISTED FOR SALE

Estimated Value: $872,000 - $1,223,000

2 Beds
3.5 Baths
2,481 Sq Ft
$390/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $470,000 $189 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,698/month

40 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Corner Lot
  • Asheville High Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of November 2019

Finally, an opportunity to own a beautifully renovated home in Asheville's extremely popular Grove Park-Kimberly Heights friendly neighborhood. Walk to Grove Park restaurant and golf course down quiet Country Club Road. Close to all the amenities one could wish for on Merrimon Ave. Relax on your front porch or back yard patio. Enjoy your year-round sun room as you enjoy the gorgeous landscaped , fenced in back yard. Like to host Parties? Plenty of parking on the circular driveway from CClub to Sedley. Park in your basement garage and bring your groceries up to the main living level on the elevator lift. Two masters on the main plus a bonus bed and full bath in the basement that has room for all your extras and garden tools. Look at all the photos to get an idea of this well maintained home.

Last Agent to Sell the Property

Mike Cowal

Mike Cowal, Broker Brokerage Email: mikecowal49@yahoo.com License #153057 Listed on: 09/11/2019

Last Buyer's Agent

Adrienne Crowther

Nest Realty Asheville License #287204

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,086

Year Built

  • Built in 1957

Lot Details

  • 0.42 Acre Lot
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Property is zoned RS4

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Kimberly Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 974050967000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,086

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1957
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 189.44
  • Attribution Contact: mikecowal49@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Cable Prewire, Elevator, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1819
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 957
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 957
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Exhaust Hood, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Above Grade Finished Sq Ft: 1819
  • Accessibility Features: Elevator
  • Has Basement: Basement, Basement Garage Door, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 662
  • Fireplace Features: Gas, Gas Log, Living Room
  • Living Area: 2481
  • Bedroom Main: 2
  • Room Count: 13
  • Sq Ft Other: 0
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Basement, Driveway, Garage, Garage Door Opener, On Street, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement, Laundry Chute
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Paved
  • Lot Size Area: 0.42
  • Lot Size Units: Acres
  • Parcel Number: 974050967000000
  • Zoning: RS4
  • Development Status: Completed
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS4

Green Features

  • Green Verification Count: 1

Rental Info

  • Hold Date: 2019-09-23

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 5, 2019
Sold by
Cowal Paul F and Cowal Catherine E
Bought by
Dunn Sheila G
Seller's Agent
Mike Cowal
Mike Cowal, Broker
Buyer's Agent
Adrienne Crowther
Nest Realty Asheville
List Price
$512,000
Sold Price
$470,000
Premium/Discount to List
-$42,000
-8.2%
Current Estimated Value
$967,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,820
Avg. Annual Appreciation
13.26%
Original Mortgage
$446,500
Outstanding Balance
$393,654
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$574,166

Purchase Details

Closed on
Oct 22, 2015
Sold by
Cowal Mary
Bought by
Cowal Paul F and Cowal Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
Chaffin Michael P
Bought by
Cowal Mary and Perry Mary Etta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 19, 2001
Sold by
Germano Nicholas J and Germano Margaret M
Bought by
Chaffin Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Dunn Sheila G $470,000 None Available
Cowal Paul F -- None Available
Cowal Mary $258,000 --
Chaffin Michael P $232,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Sheila G $446,500
Previous Owner Cowal Paul F $190,000
Previous Owner Telco Community Credit Union $25,000
Previous Owner Cowal Mary $109,714
Previous Owner Germano Nicholas J $60,000
Previous Owner Cowal Mary $135,000
Previous Owner Germano Nicholas J $17,000
Previous Owner Chaffin Michael P $186,000
Previous Owner Germano Nicholas J $200,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $470,000 -6.0% $189 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/09/2019 10/09/19 Price Changed $499,900 -2.4% $201 / Sq Ft
09/24/2019 09/24/19 For Sale $512,000 +8.9% $206 / Sq Ft
09/23/2019 09/23/19 Off Market $470,000 -- --
09/11/2019 09/11/19 For Sale $512,000 -- $206 / 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
2024 $5,086 $492,300 $96,300 $396,000
2023 $5,086 $492,300 $96,300 $396,000
2022 $4,909 $492,300 $0 $0
2021 $4,909 $492,300 $0 $0
2020 $5,188 $481,300 $0 $0
2019 $4,125 $382,700 $0 $0
2018 $4,125 $382,700 $0 $0
2017 $4,163 $293,500 $0 $0
2016 $3,607 $293,500 $0 $0
2015 $3,568 $290,300 $0 $0
2014 $3,524 $290,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3549109

Canopy MLS (Canopy Realtor® Association)

APN: 9740-50-9670-00000