223 Davidson Rd Swannanoa, NC 28778
Estimated payment $2,343/month
Highlights
- Wood Flooring
- Rear Porch
- Shed
- No HOA
- Living Room
- Fire Pit
About This Home
Excellent Opportunity in Swannanoa!
Whether you’re looking for a home that offers flexibility and extra income or a smart investment property, this versatile home fits the bill. Peaceful country setting just minutes from Warren Wilson College, scenic trails, and community parks—and only 12 minutes to both downtown Black Mountain and Asheville—this location perfectly blends convenience and charm.
The updated upper-level unit features a bright 1-bedroom, 1-bath studio layout with a cozy living area, a charming kitchen, and a private balcony off the bedroom. Furniture can stay! The lower-level unit, newly renovated and twice the size of the upper, includes a spacious bedroom and sitting area, a well-appointed kitchen with eat-in dining space, an office nook, and an updated bathroom.
Both units share a convenient laundry area with exterior access. Additional storage abounds with three separate spaces—a large two-story shed beside the home, a smaller backyard shed, and an attached storage area on the lower level.
The current owners have provided a P&L statement for the upper unit, and the newly completed lower unit offers even greater income potential. See attached P&L for details.
Bonus: An assumable USDA loan at 2.6% (approx. $215,000 balance) offers qualified buyers the chance to step into a low-rate mortgage!
Listing Agent
Preferred Properties Brokerage Email: anna@preferredprop.com License #279808 Listed on: 11/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,255
Year Built
- Built in 2002
Lot Details
- Level Lot
Home Design
- Duplex
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,349 Sq Ft Home
- Property has 1 Level
- Living Room
- Washer and Dryer
Kitchen
- Electric Oven
- Microwave
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Finished Basement
- Exterior Basement Entry
- Apartment Living Space in Basement
Parking
- Driveway
- 4 Open Parking Spaces
Outdoor Features
- Fire Pit
- Shed
- Outbuilding
- Rear Porch
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- Baseboard Heating
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 968912199400000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,255 | $190,800 | $38,200 | $152,600 |
| 2024 | $1,255 | $190,800 | $38,200 | $152,600 |
| 2023 | $1,255 | $190,800 | $38,200 | $152,600 |
| 2022 | $1,198 | $190,800 | $0 | $0 |
| 2021 | $1,198 | $190,800 | $0 | $0 |
| 2020 | $1,098 | $164,100 | $0 | $0 |
| 2019 | $1,098 | $164,100 | $0 | $0 |
| 2018 | $1,098 | $164,100 | $0 | $0 |
| 2017 | $1,096 | $154,400 | $0 | $0 |
| 2016 | $1,132 | $154,400 | $0 | $0 |
| 2015 | $1,132 | $154,400 | $0 | $0 |
| 2014 | $1,132 | $154,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | Price Changed | $425,000 | -4.5% | $315 / Sq Ft | |
| 11/04/2025 11/04/25 | For Sale | $445,000 | +87.4% | $330 / Sq Ft | |
| 12/18/2020 12/18/20 | Sold | $237,500 | -2.1% | $171 / Sq Ft | View Prior Sale |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- | |
| 10/27/2020 10/27/20 | Price Changed | $242,500 | -1.0% | $174 / Sq Ft | |
| 10/02/2020 10/02/20 | For Sale | $245,000 | -- | $176 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $237,500 | None Listed On Document | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $140,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $239,898 | New Conventional | |
| Previous Owner | $60,000 | Seller Take Back |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4318186
APN: 9689-12-1994-00000
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