NOT LISTED FOR SALE

Estimated Value: $665,000 - $744,000

3 Beds
1.5 Baths
1,735 Sq Ft
$409/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $475,000 $274 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,271/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Attic Fan
  • Asheville High Rated A-
  • Fireplace

About This Home

As of August 2021

This 3 bed, 1 and a half bath Colonial style, 95-year old home is conveniently located in the historic Gracelynn neighborhood of North Asheville and features old world charm with modern updates. Updates include - completely replaced and modernized plumbing in April 2021, completely replaced and modernized electric in 2016, and professionally cleared, unfinished basement and coal room in 2015. The main floor features large inviting rooms, a sunroom off of the living room, fireplace, a laundry hook up off of the kitchen, a half bathroom, and hardwood floors throughout, which are scheduled to be resurfaced July 15, 2021. Upstairs features 3 spacious bedrooms and a full bathroom. The bathrooms have completely new fixtures as of April 2021. The home has an attic fan that cools the entire home efficiently. This home is ready for your personal touch and updates. Come See!

Last Agent to Sell the Property

Brent Allen

Patton Allen Real Estate LLC License #204647 Listed on: 06/24/2021

Co-Listed By

Andrew Smith

Patton Allen Real Estate LLC License #302810

Last Buyer's Agent

Molly Demattos

Keller Williams Professionals License #223080

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,534

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Wood Flooring
  • Attic Fan

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 974041704700000

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Colonial
  • Ratio Close Price By List Price: 0.95000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Acre: 3166666.67
  • Ratio Current Price By Sq Ft: 273.78
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 776
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Fan, Built-Ins
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 959
  • Total Sq Ft: 1735
  • Sq Ft Unheated Basement: 480
  • Sq Ft Unheated Total: 480

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage

Utilities

  • Heating: Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.150
  • Parcel Number: 974041704700000
  • Zoning Specification: RS8

Tax Info

  • Tax Value: 367800.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 28, 2021
Sold by
Schmidt Kenneth Edwin and Schmidt Kristi E
Bought by
Bailey Timothy and Bailey Claire M
Seller's Agent
Brent Allen
Patton Allen Real Estate LLC
Buyer's Agent
Molly Demattos
Keller Williams Professionals
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Current Estimated Value
$708,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,856
Avg. Annual Appreciation
10.34%
Original Mortgage
$375,000
Outstanding Balance
$340,968
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$367,888

Purchase Details

Closed on
Aug 11, 2006
Sold by
Davies Margaret G and Koch Margaret D
Bought by
Schmidt Kenneth Edwin and Schmidt Kristi E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 30, 1999
Sold by
Koch Eric Andrew
Bought by
Koch Margaret D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,100
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bailey Timothy $475,000 None Available
Schmidt Kenneth Edwin $303,000 None Available
Koch Margaret D -- --
Koch Margaret D $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Timothy $375,000
Previous Owner Schmidt Kenneth E $60,000
Previous Owner Schmidt Kenneth Edwin $322,500
Previous Owner Schmidt Kenneth E $23,600
Previous Owner Schmidt Kenneth Edwin $302,400
Previous Owner Schmidt Kenneth E $60,000
Previous Owner Schmidt Kenneth Edwin $264,000
Previous Owner Schmidt Kenneth Edwin $243,500
Previous Owner Schmidt Kenneth Edwin $7,300
Previous Owner Schmidt Kenneth E $38,000
Previous Owner Schmidt Kenneth Edwin $242,400
Previous Owner Davies Margaret $200,000
Previous Owner Davies Margaret G $156,800
Previous Owner Koch Margaret D $159,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $475,000 -5.0% $274 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $500,000 -- $288 / 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 $4,986 $482,600 $74,400 $408,200
2023 $4,986 $482,600 $74,400 $408,200
2022 $4,812 $482,600 $74,400 $408,200
2021 $4,812 $482,600 $0 $0
2020 $3,965 $367,800 $0 $0
2019 $3,965 $367,800 $0 $0
2018 $3,965 $367,800 $0 $0
2017 $4,001 $244,700 $0 $0
2016 $3,007 $244,700 $0 $0
2015 $3,007 $244,700 $0 $0
2014 $2,971 $244,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3755241

Canopy MLS (Canopy Realtor® Association)

APN: 9740-41-7047-00000