NOT LISTED FOR SALE

Estimated Value: $519,000 - $538,000

3 Beds
2.5 Baths
1,464 Sq Ft
$360/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $505,000 $345 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,007/month

10 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Attached Garage
  • Deck
  • Wood Flooring
  • Walk-In Closet

About This Home

As of May 2023

Your search is finally over! Only one year old and beautifully maintained, this home is ready to become the perfect fit for its lucky new owner. Tucked away in a quiet, newer development within the highly sought-after Oakley neighborhood, this prime location will not last long. Situated in that sweet spot just outside the confines of Asheville city limits but still only 12 minutes to downtown, this is an ideal property for short-term rentals or year-round ownership alike. Convenient access to both the interstate and Blue Ridge Parkway plus close proximity to great neighborhood schools and parks really make this a versatile option for any kind of buyer. An open floorplan allows for lots of flexibility within the space, while hardwood floors, stainless steel appliances, and granite countertops lend a sleek finish. Ample closet space throughout, with a walk-in master closet plus a one-car garage maximize function in this three-bedroom layout. Schedule a showing today!

Last Agent to Sell the Property

Joshua Gonyeau

Jason Mitchell Real Estate License #303886 Listed on: 03/10/2023

Jason Mitchell Real Estate

Last Buyer's Agent

Craig Severance

Mosaic Community Lifestyle Realty License #205983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 2022

Lot Details

  • Level Lot
  • Property is zoned R-2

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Biltmore Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9657-74-1924-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,229

Year Built

Built in 2022

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2022
  • Restrictions: Architectural Review,Short Term Rental Allowed,Square Feet
  • Second Living Quarters: None
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 344.95
  • Geocode Confidence: High
  • Special Features: 4098

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 617
  • 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: 847
  • Appliances: Dishwasher, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1464
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Living Area: 1464
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 600.00

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 9657-74-1924-00000
  • Plat Book Slide: 216/34
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 10, 2023
Sold by
Ahmed Syed Ali
Bought by
Jaquess Shannon Ruth
Seller's Agent
Joshua Gonyeau
Jason Mitchell Real Estate
Buyer's Agent
Craig Severance
Mosaic Community Lifestyle Realty
List Price
$510,000
Sold Price
$505,000
Premium/Discount to List
-$5,000
-0.98%
Views
70
Current Estimated Value
$526,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,396
Avg. Annual Appreciation
1.62%
Original Mortgage
$378,750
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2022
Sold by
Biltmore Terrace Development Llc
Bought by
Ahmed Syed Ali and Bailey Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,050
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jaquess Shannon Ruth $505,000 None Listed On Document
Ahmed Syed Ali $918 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaquess Shannon Ruth $378,750
Previous Owner Ahmed Syed Ali $436,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $505,000 -1.0% $345 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $510,000 -- $348 / 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 $2,229 $353,800 $61,600 $292,200
2024 $2,229 $353,800 $61,600 $292,200
2023 $2,229 $353,800 $61,600 $292,200
2022 $941 $156,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4008474

Canopy MLS (Canopy Realtor® Association)

APN: 9657-74-1924-00000