NOT LISTED FOR SALE

Estimated Value: $578,000 - $678,000

3 Beds
2.5 Baths
1,890 Sq Ft
$330/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $450,000 $238 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,606/month

82 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Fireplace
  • Asheville High Rated A-

About This Home

As of November 2021

Live in one unit and rent the other! This charming 1927 Four Square started life as a boarding house in West Asheville, overlooking the French Broad River and the Warehouse District (now the River Arts!). It is currently divided into two units, each with its own entrance, kitchen, laundry, and electric meter but with the removal of one section of wall, you could enjoy single-family living once again! The first floor has original hardwood floors, original divided light doors and hardware, and beautiful built-in cabinets in the living room. The second floor is light and breezy and enjoys a mountain view of the city and Mt Pisgah. The basement is dry and offers additional space for crafts and hobbies. The plumbing and electricity have both been updated and additional insulation was blown into the walls. Fiber Optic Cable ensures you can work from home. Located in West Asheville in a walkable neighborhood, close to restaurants, breweries and all the fun!

Last Agent to Sell the Property

Susan Young

Sterling Real Estate Partners, LLC License #210499 Listed on: 07/03/2021

Last Buyer's Agent

Beth Zabriskie

Homesource Realty INC License #283064

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 5,227

Interior Spaces

  • Fireplace
  • City Views

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9638-83-4718-00000

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.81818
  • Ratio Current Price By Acre: 3750000.00
  • Ratio Current Price By Sq Ft: 238.10
  • Year Built: 1927
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Brick
  • Upper Level Sq Ft: 960
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace Description: Gas Unvented, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Laundry Location: Main, Upper, Closet
  • Room Count: 3
  • Second Living Quarters: Interior Connected, Separate Entrance, Separate Living Quarters, Separate Utilities
  • Second Living Quarters Hla: 960
  • Main Level Sq Ft: 930
  • Total Sq Ft: 1890
  • Sq Ft Unheated Basement: 1000
  • Sq Ft Unheated Total: 1000

Exterior Features

  • Construction: Brick Partial, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Gas Water Heater, Natural Gas, No A/C, Wall Unit Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: City View, Long Range View, Mountain View, Paved Frontage, Year Round View
  • Parcel Number: 9638-83-4718-00000
  • Plat Book Slide: 0010
  • Plat Reference Section Pages: 0095
  • Zoning Specification: RM16

Tax Info

  • Tax Value: 228700.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Nov 1, 2021
Sold by
Michael Edith S
Bought by
Chew Frank and Cork Carter
Seller's Agent
Susan Young
Sterling Real Estate Partners, LLC
Buyer's Agent
Beth Zabriskie
Homesource Realty INC
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Current Estimated Value
$624,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,298
Avg. Annual Appreciation
8.44%
Original Mortgage
$360,000
Outstanding Balance
$328,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$295,300

Purchase Details

Closed on
Aug 19, 2002
Sold by
Michael Peter L and Michael Revoca S R
Bought by
Michael Edith S

Purchase Details

Closed on
May 15, 1999
Sold by
Michael Peter L and Michael Edith S
Bought by
Michael Peter L and Michael Edith S
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
Chew Frank $450,000 None Available
Michael Edith S -- --
Michael Peter L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chew Frank $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $450,000 -9.1% $238 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $495,000 -7.5% $262 / Sq Ft
09/07/2021 09/07/21 Price Changed $535,000 -0.9% $283 / Sq Ft
08/17/2021 08/17/21 Price Changed $540,000 -1.8% $286 / Sq Ft
07/03/2021 07/03/21 For Sale $550,000 -- $291 / 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 $3,862 $373,800 $128,800 $245,000
2024 $3,862 $373,800 $128,800 $245,000
2023 $3,862 $373,800 $128,800 $245,000
2022 $3,728 $373,800 $0 $0
2021 $1,218 $304,400 $0 $0
2020 $1,233 $228,700 $0 $0
2019 $1,233 $228,700 $0 $0
2018 $1,233 $228,700 $0 $0
2017 $1,244 $190,000 $0 $0
2016 $1,168 $190,000 $0 $0
2015 $1,168 $190,000 $0 $0
2014 $1,153 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3758313

Canopy MLS (Canopy Realtor® Association)

APN: 9638-83-4718-00000