NOT LISTED FOR SALE

Estimated Value: $446,920 - $467,000

3 Beds
2.5 Baths
1,600 Sq Ft
$284/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $387,500 $242 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,622/month

43 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Fenced
  • Covered Patio or Porch

About This Home

As of February 2023

Welcome to 229 Merchant Street! This beautiful home welcomes you with wood floors and natural light. Arched opening leads to the dining room and spacious kitchen. French doors lead out to the fenced in back yard. Upstairs you will find three spacious bedrooms, tray ceilings in the master bedroom and a large walk-in closet. Location is everything with this home. Only a few minutes from Asheville and a short distance and easy access to I-40. Come schedule your showing today.

Last Agent to Sell the Property

Tucker Rhinehart

Keller Williams Elite Realty License #317439 Listed on: 11/29/2022

Keller Williams Elite Realty

Last Buyer's Agent

Tasha Pepi

Homespun Investment Realty Inc License #282236

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 2004

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Property is zoned RS8

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Oakley Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Red River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9657-46-7856-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,453

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 242.19
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Interior Amenities: Tray Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 820
  • 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: 780
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1600
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1600
  • Bedroom Main: 0
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Parcel Number: 9657-46-7856-00000
  • Plat Book Slide: 0090
  • Plat Reference Section Pages: 0088
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS8

MLS Schools

  • Elementary School: Oakley
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Feb 3, 2023
Sold by
Messer Diane and Messer Jerry
Bought by
Leblanc Jacob Andrew and Leblanc Robin Suzanne
Seller's Agent
Tucker Rhinehart
Keller Williams Elite Realty
Buyer's Agent
Tasha Pepi
Homespun Investment Realty Inc
List Price
$450,000
Sold Price
$387,500
Premium/Discount to List
-$62,500
-13.89%
Views
23
Current Estimated Value
$453,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,230
Avg. Annual Appreciation
5.63%
Original Mortgage
$307,500
Outstanding Balance
$297,777
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$148,779

Purchase Details

Closed on
Sep 1, 2004
Sold by
Red River Inc
Bought by
Messer Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.91%
Mortgage Type
Unknown
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
Leblanc Jacob Andrew $387,500 --
Messer Diane $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leblanc Jacob Andrew $307,500
Previous Owner Messer Diane $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $387,500 -13.9% $242 / Sq Ft
11/29/2022 11/29/22 For Sale $450,000 -- $281 / 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 $2,453 $264,600 $71,300 $193,300
2023 $2,453 $264,600 $71,300 $193,300
2022 $2,363 $265,200 $0 $0
2021 $2,363 $265,200 $0 $0
2020 $1,989 $207,600 $0 $0
2019 $1,989 $207,600 $0 $0
2018 $1,989 $207,600 $0 $0
2017 $2,009 $166,000 $0 $0
2016 $1,791 $166,000 $0 $0
2015 $1,791 $166,000 $0 $0
2014 $1,766 $166,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3924654

Canopy MLS (Canopy Realtor® Association)

APN: 9657-46-7856-00000