NOT LISTED FOR SALE

206 Old Marshall Hwy Asheville, NC 28804

Estimated Value: $212,000 - $289,981

1 Bed
1 Bath
698 Sq Ft
$364/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $206,000 $295 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,491/month

18 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Wooded Lot
  • Weaverville Elementary Rated A-
  • Deck
  • No HOA

About This Home

As of November 2022

Classic, rustic Revivalist Charm…this log cabin is a throwback to an era when the motor court was king. Post WWII to the 1970s, these style rustic cabins were part of nearly 70 similar motor courts in the Asheville area. 206 Old Marshall was built in 1920, while the next door cabin,208, was built in 1936. Great yard with large hardwood trees. Great access to North Asheville/ Woodfin and the northern end of the French Broad River. These two properties can be purchased separately or together. Great investment or first time home buyer opportunities. Potential for STR…buyer will have to check in to any town/city restrictions. Currently, 206 is rented until May as a Long term rental. Great investment for someone wanting to live and have a cash producing property.

Last Agent to Sell the Property

Justyn Thompson

EXP Realty LLC Brokerage Email: justyn.thompson@exprealty.com License #338519 Listed on: 09/29/2022

EXP Realty LLC

Last Buyer's Agent

Alan Wray

Heartwood Realty LLC License #282251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 1920

Lot Details

  • 0.43 Acre Lot
  • Fenced
  • Level Lot
  • Wooded Lot
  • Property is zoned R21

Parking

  • Driveway

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 698 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Fire Pit
  • Rear Porch

Schools

  • Weaverville/N. Windy Ridge Elementary School
  • North Buncombe Middle School
  • North Buncombe High School

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Shared Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9731-36-4477-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,660

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1920
  • Restrictions: No Representation
  • Road Surface Type: Dirt
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 295.13
  • Attribution Contact: justyn.thompson@exprealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 698
  • 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
  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
  • Above Grade Finished Sq Ft: 698
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Fire Pit
  • Living Area: 698
  • Bedroom Main: 1
  • Room Count: 7
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Mountain(s), Winter
  • Construction Type: Log, Wood
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: Septic Installed, Shared Septic
  • Laundry Features: Main Level
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: North Buncombe
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.43
  • Lot Size Units: Acres
  • Parcel Number: 9731-36-4477-00000
  • Lot Size Acres: 0.43
  • Lot Size: 0
  • Lot Size Sq Ft: 18730
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R21

MLS Schools

  • Elementary School: Weaverville/N. Windy Ridge
  • High School: North Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 23, 2022
Sold by
Samuel W Smith Trust
Bought by
Garcia Emilia Elisabeth
Seller's Agent
Justyn Thompson
EXP Realty LLC
Buyer's Agent
Alan Wray
Heartwood Realty LLC
List Price
$210,000
Sold Price
$206,000
Premium/Discount to List
-$4,000
-1.9%
Views
58
Current Estimated Value
$253,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,995
Avg. Annual Appreciation
7.11%
Original Mortgage
$175,100
Outstanding Balance
$169,970
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$80,034

Purchase Details

Closed on
May 7, 2003
Bought by
Smith Morton and Smith Lois
Source: Public Records

Range of Values:

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Average Value
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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
Garcia Emilia Elisabeth $206,000 --
Smith Morton $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Emilia Elisabeth $175,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $206,000 -1.9% $295 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $210,000 -- $301 / 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 $1,660 $169,800 $31,000 $138,800
2023 $1,660 $169,800 $31,000 $138,800
2022 $1,241 $134,300 $0 $0
2021 $1,241 $134,300 $0 $0
2020 $921 $96,000 $0 $0
2019 $921 $96,000 $0 $0
2018 $873 $96,000 $0 $0
2017 $882 $70,500 $0 $0
2016 $711 $70,500 $0 $0
2015 $711 $70,500 $0 $0
2014 $711 $70,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3909505

Canopy MLS (Canopy Realtor® Association)

APN: 9731-36-4477-00000