NOT LISTED FOR SALE

250 Avena Rd Black Mountain, NC 28711

-- Bed
-- Bath
-- Sq Ft
60,548 Sq Ft Lot

Last Sold December 03, 2015

Last sale price $830,000

263 Days on Market

Highlights

  • 1.39 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • Ranch Style House
  • Baseboard Heating
  • Carpet

About This Home

As of December 2015

Great investment in Black Mountain, NC! 17 units in good shape that stay rented. Over $11K a month in income with low expenses. Newer roofs and some remodeled kitchens. 5 separate buildings with great green space and parking. 5 minutes to downtown Black Mountain and 20 minutes to Asheville. This is a great investment with long term potential. Come see!

Last Agent to Sell the Property

Brent Allen

Patton Allen Real Estate LLC Brokerage Email: brent@kwbrent.com License #204647 Listed on: 01/28/2015

Last Buyer's Agent

Sadhvi Gantenbein

Sadhvi Realty License #193065

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 1.39 Acre Lot
  • Level Lot

Parking

  • 15 Parking Spaces

Home Design

  • Ranch Style House

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • Gross Income $134,592
  • Net Operating Income $116,492

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, water
  • Assessor Parcel Number 0619-58-4855-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

1.39 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Architectural Style: Ranch
  • Year Built: 1980
  • Road Surface Type: Asphalt
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: brent@kwbrent.com
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Sq Ft Unheated Basement: 0
  • Owner Pays: Electricity, Exterior Maintenance, Water

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 15

Utilities

  • Heating: Baseboard, Electric, Forced Air
  • Sewer: Public Sewer
  • Cooling: None
  • Water Source: City

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 0619-58-4855-00000
  • Plat Reference Section Pages: 2098
  • Lot Size Acres: 1.39
  • Lot Size Sq Ft: 60548
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Multi Family

  • Number Of Units Total: 17
  • Annual Gross Income: 134592
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2015 12/03/15 Sold $830,000 -24.2% --
10/18/2015 10/18/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $1,095,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,264 $83,600 $41,000 $42,600
2024 $1,264 $150,700 $41,000 $109,700
2023 $1,264 $150,700 $41,000 $109,700
2022 $1,197 $150,700 $0 $0
2021 $1,197 $150,700 $0 $0
2020 $1,140 $132,300 $0 $0
2019 $1,140 $132,300 $0 $0
2018 $1,140 $132,300 $0 $0
2017 $1,153 $120,200 $0 $0
2016 $1,177 $120,200 $0 $0
2015 $1,177 $120,200 $0 $0
2014 $1,177 $120,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: NCM576624

Canopy MLS (Canopy Realtor® Association)
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