NOT LISTED FOR SALE

Estimated Value: $299,000 - $361,000

3 Beds
2 Baths
1,100 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $138,500 $126 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,882/month

192 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Storm Doors
  • Ranch Style House
  • Kitchen Island
  • Many Trees

About This Home

As of September 2016

INVESTORS TAKE NOTE! Located 15 minutes from Downtown Asheville, this 3 Bedroom, 2 Bath Ranch style home is income producing with tenants in place and an unfinished basement with room for expansion. Updated over the last 6 years with a new roof, new wiring, refinished hardwood flooring, and gas heat, this home is ready for a new owner without the maintenance headache. Although property is zoned Community Business 11, buyer should confirm use allowances prior to purchase.

Last Agent to Sell the Property

Debra Woody

RE/MAX Executive License #245049 Listed on: 02/23/2016

Last Buyer's Agent

Andrew Pulsifer

Be Realty Home Brokerage License #284598

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Level Lot
  • Many Trees
  • Property is zoned Commercial

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Wood Burning Fireplace
  • Storm Doors
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9629-41-2184-00000
  • Tax Block 25

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98929
  • Ratio Close Price By Original Li: 0.87658
  • Ratio Current Price By Acre: 865625.00
  • Ratio Current Price By Sq Ft: 125.91
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Block
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan
  • Laundry Location: Basement
  • Room Count: 1
  • Main Level Sq Ft: 1100
  • Total Sq Ft: 1100
  • Sq Ft Unheated Basement: 1100
  • Sq Ft Unheated Total: 1100

Exterior Features

  • Construction: Brick Full, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Driveway

Utilities

  • Heating: Gas Hot Air Furnace, No A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: per plat
  • Lot Features: Level, Paved Frontage, Sloping, Trees
  • Parcel Number: 9629-41-2184-00000
  • Plat Book Slide: 35
  • Plat Reference Section Pages: 1870
  • Zoning: Commercial
  • Zoning Specification: CB2

Tax Info

  • Tax Value: 171200.00
  • Tax Amount Ncm: 1847.25
  • Tax Block: 25
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
Sep 16, 2016
Sold by
Affatato Peter and Affatato Yolande
Bought by
Mah Ho K
Seller's Agent
Debra Woody
RE/MAX Executive
Buyer's Agent
Andrew Pulsifer
Be Realty Home Brokerage
List Price
$158,000
Sold Price
$138,500
Premium/Discount to List
-$19,500
-12.34%
Current Estimated Value
$328,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,206
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Jan 25, 2007
Sold by
Wright David C and Wright Adria S
Bought by
Affatato Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 2003
Sold by
Brearley Joseph G
Bought by
Wright David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.93%
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
Mah Ho K $138,500 None Available
Affatato Peter $135,000 None Available
Wright David C $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Affatato Peter $108,000
Previous Owner Affatato Peter $27,000
Previous Owner Wright David C $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2016 09/20/16 Sold $138,500 -12.3% $126 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $158,000 -- $144 / 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 $1,794 $193,500 $46,000 $147,500
2024 $1,794 $193,500 $46,000 $147,500
2023 $1,794 $193,500 $46,000 $147,500
2022 $1,724 $193,500 $0 $0
2021 $1,724 $193,500 $0 $0
2020 $1,407 $146,900 $0 $0
2019 $1,407 $146,900 $0 $0
2018 $1,407 $146,900 $0 $0
2017 $1,422 $171,200 $0 $0
2016 $1,847 $171,200 $0 $0
2015 $1,847 $171,200 $0 $0
2014 $1,822 $171,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3151196

Canopy MLS (Canopy Realtor® Association)

APN: 9629-41-2184-00000