NOT LISTED FOR SALE

Estimated Value: $438,000 - $503,000

3 Beds
2.5 Baths
1,508 Sq Ft
$316/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $455,000 $302 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,799/month

10 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Fire Pit
  • Arts and Crafts Architecture
  • Shed
  • Ceiling Fan

About This Home

As of November 2023

Enjoy the very best of living in Asheville from the comfort of this beautiful arts and crafts home! Perfectly situated in the established community of Biltmore Terrace simply minutes away from Biltmore Village, Downtown, and all major shopping on Tunnel Road. The open concept living area include a cozy wood-burning fireplace, built-in book shelves, dining area, and kitchen with a butcher-block top island. The master bedroom features vaulted ceilings and beautiful views overlooking the backyard, as well as a private bathroom. Enjoy the mature surrounding trees evolve through the seasons, the open deck and fire-pit area in the backyard, or the stunning front porch! Additional storage with the detached shed and a long driveway that can accommodate three cars comfortably.

Last Agent to Sell the Property

Rebecca Hill

Keller Williams Elite Realty Brokerage Email: rebeccahillavl@gmail.com License #309401 Listed on: 10/10/2023

Keller Williams Elite Realty

Last Buyer's Agent

Shanda Richardson

Nest Realty Asheville License #264174

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 2007

Lot Details

  • Back Yard Fenced
  • Wooded Lot
  • Property is zoned R-2

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • 3 Open Parking Spaces

Outdoor Features

  • Fire Pit
  • Shed

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Ipm Association, Phone Number (828) 650-6875
  • Biltmore Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9657-64-3501-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,036

Year Built

Built in 2007

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2007
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 301.72
  • Geocode Confidence: High
  • Attribution Contact: rebeccahillavl@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 765
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 743
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Exhaust Fan, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1508
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Living Area: 1508
  • Bedroom Main: 0
  • Room Count: 10

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Hardboard Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Association Name: IPM
  • Phone: 828-650-6875
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 600.00

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 9657-64-3501-00000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Oakley
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 13, 2023
Sold by
Spagnesi Christopher and Spagnesi Rebecca
Bought by
Bastani Majid
Seller's Agent
Rebecca Hill
Keller Williams Elite Realty
Buyer's Agent
Shanda Richardson
Nest Realty Asheville
List Price
$455,000
Sold Price
$455,000
Views
58
Current Estimated Value
$476,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,979
Avg. Annual Appreciation
3.50%
Original Mortgage
$341,250
Outstanding Balance
$332,271
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$152,164

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 24, 2019
Sold by
Southern Jacob David and Southern Jennifer Elizabeth
Bought by
Spagnesi Philip A and Spagnesi Alba J
Seller's Agent
Katie Ledford
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Rebecca Hill
Keller Williams Elite Realty
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$220,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jul 20, 2012
Sold by
Mccarthy Evelyn J
Bought by
Southern Jennifer E and Southern Jacob D
Seller's Agent
Kimberly Evans
Alpha Real Estate Inc.
Buyer's Agent
Laura Livaudais
Ivester Jackson Blackstream
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$190,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2011
Sold by
Mccarthy Christopher E
Bought by
Mccarthy Evelyn J

Purchase Details

Closed on
Nov 7, 2007
Sold by
Mccarthy Evelyn J
Bought by
Mccarthy Evelyn J and Mccarthy Christopher E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2007
Sold by
Biltmore Terrace Development Llc
Bought by
Mccarthy Evelyn J and Mccarthy Christopher E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.55%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bastani Majid $455,000 None Listed On Document
Spagnesi Philip A $295,000 None Available
Southern Jennifer E $190,000 --
Southern Jacob David $190,000 --
Mccarthy Evelyn J -- None Available
Mccarthy Evelyn J -- None Available
Mccarthy Evelyn J -- None Available
Mccarthy Evelyn J $261,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bastani Majid $341,250
Previous Owner Spagnesi Philip A $220,000
Previous Owner Southern Jacob David $53,000
Previous Owner Southern Jacob David $218,800
Previous Owner Southern Jennifer E $190,000
Previous Owner Mccarthy Christopher E $158,400
Previous Owner Mccarthy Christopher E $20,334
Previous Owner Mccarthy Evelyn J $120,000
Previous Owner Biltmore Terrace Development Llc $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $455,000 0.0% $302 / Sq Ft
10/10/2023 10/10/23 For Sale $455,000 +54.2% $302 / Sq Ft
08/30/2019 08/30/19 Sold $295,000 -4.8% $196 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $310,000 0.0% $206 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $310,000 +63.2% $206 / Sq Ft
07/27/2012 07/27/12 Sold $190,000 -15.6% $141 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $225,000 -- $167 / 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 $2,036 $323,200 $60,000 $263,200
2023 $2,036 $323,200 $60,000 $263,200
2022 $1,941 $323,200 $0 $0
2021 $1,941 $323,200 $0 $0
2020 $1,650 $253,000 $0 $0
2019 $1,626 $249,400 $0 $0
2018 $1,626 $249,400 $0 $0
2017 $1,626 $185,100 $0 $0
2016 $1,327 $185,100 $0 $0
2015 $1,327 $185,100 $0 $0
2014 $1,327 $185,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4077031

Canopy MLS (Canopy Realtor® Association)

APN: 9657-64-3501-00000