NOT LISTED FOR SALE

220 Merrimon Ave Unit 1 Weaverville, NC 28787

Estimated Value: $5,647,199

-- Bed
-- Bath
113,273 Sq Ft
$50/Sq Ft Est. Value

About This Home

This home is located at 220 Merrimon Ave Unit 1, Weaverville, NC 28787 and is currently estimated at $5,647,199, approximately $49 per square foot. 220 Merrimon Ave Unit 1 is a home located in Buncombe County with nearby schools including Weaverville Elementary, Weaverville Primary, and North Buncombe Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Siera Properties Llc
Bought by
Corte Property Investments Inc
Current Estimated Value
$5,647,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,930,000
Outstanding Balance
$4,867,925
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$779,274

Purchase Details

Closed on
Apr 24, 2003
Sold by
Albany International Corp
Bought by
Siera Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
5.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Corte Property Investments Inc -- None Listed On Document
Corte Property Investments Inc $5,800,000 None Listed On Document
Corte Property Investments Inc $5,800,000 None Listed On Document
Siera Properties Llc $1,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corte Property Investments Inc $4,930,000
Closed Corte Property Investments Inc $4,930,000
Previous Owner Siera Properties Llc $1,480,000
Source: Public Records

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 -- $2,404,400 $1,230,300 $1,174,100
2024 -- $2,404,400 $1,230,300 $1,174,100
2023 $20,389 $2,404,400 $1,230,300 $1,174,100
2022 $20,149 $2,404,400 $0 $0
2021 $20,149 $2,404,400 $0 $0
2020 $22,725 $2,500,000 $0 $0
2019 $13,225 $2,500,000 $0 $0
2018 $13,225 $2,500,000 $0 $0
2017 -- $2,410,200 $0 $0
2016 $14,558 $2,410,200 $0 $0
2015 $3,758 $2,410,200 $0 $0
2014 $14,558 $2,410,200 $0 $0
Source: Public Records

Map

North Carolina Buncombe County Weaverville 28787

220 Merrimon Ave Unit 1, Weaverville, NC

This home is located at 220 Merrimon Ave Unit 1, Weaverville, NC 28787 and is currently estimated at $5,647,199, approximately $49 per square foot. 220 Merrimon Ave Unit 1 is a home located in Buncombe County with nearby schools including Weaverville Elementary, Weaverville Primary, and North Buncombe Middle.

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