278 Cumberland Ave Asheville, NC 28801
Montford Neighborhood
3
Beds
1.5
Baths
1,960
Sq Ft
6,970
Sq Ft Lot
Highlights
- Arts and Crafts Architecture
- Wood Flooring
- Fenced
- Asheville High Rated A-
- Front Green Space
- 1-minute walk to Montford Park
About This Home
As of December 2021BACK ON THE MARKET!! Better than ever! Winning home steps away from Montford park. Incredible yard and character w/in walking distance to downtown Asheville. Updated systems w/ newer electrical, high end HVAC, and roof. Original hardwoods, fp, french doors to the back deck, granite in the kitchen and a newly finished lower level w/ walk out patio. Amazing architecture w/ tons of natural light, beautiful landscaping and gardens.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,084
Year Built
- Built in 1926
Lot Details
- Front Green Space
- Fenced
- Level Lot
- Many Trees
Home Design
- Arts and Crafts Architecture
- Cottage
Flooring
- Wood
- Tile
Parking
- Workshop in Garage
- Gravel Driveway
Additional Features
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 9649043317
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2021
Closed on
Dec 21, 2021
Sold by
Hudson Amy Howell and Bell Raiford D
Bought by
Rix Jeffrey Tyler and Pierz Laura
Seller's Agent
Melissa Sites
Realty World Marketplace
Buyer's Agent
Julie Smith
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$580,000
Sold Price
$580,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,914
Avg. Annual Appreciation
9.46%
Original Mortgage
$464,000
Outstanding Balance
$426,901
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$382,013
Purchase Details
Listed on
Apr 14, 2014
Closed on
Aug 14, 2014
Sold by
Wallenius Steven Todd
Bought by
Hudson Amy Howell
Buyer's Agent
Melissa Sites
Realty World Marketplace
List Price
$399,000
Sold Price
$367,000
Premium/Discount to List
-$32,000
-8.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$256,800
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2002
Sold by
Caldwell Kathleen Howard and Wallenius Steven Todd
Bought by
Wallenius Steven Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
6.98%
Purchase Details
Closed on
Oct 31, 1996
Sold by
May Brian B
Bought by
Woodward Tr Kesley R
Similar Homes in Asheville, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | None Available | |
| Warranty Deed | $367,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $154,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Open | $464,000 | New Conventional | |
| Previous Owner | $319,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $296,296 | FHA | |
| Previous Owner | $256,000 | New Conventional | |
| Previous Owner | $256,800 | New Conventional | |
| Previous Owner | $243,122 | New Conventional | |
| Previous Owner | $268,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $199,840 | Unknown | |
| Previous Owner | $226,800 | No Value Available | |
| Previous Owner | $165,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2021 12/22/21 | Sold | $580,000 | 0.0% | $296 / Sq Ft |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- |
| 10/30/2021 10/30/21 | For Sale | $580,000 | +58.0% | $296 / Sq Ft |
| 08/15/2014 08/15/14 | Sold | $367,000 | -8.0% | $187 / Sq Ft |
| 07/16/2014 07/16/14 | Pending | -- | -- | -- |
| 04/14/2014 04/14/14 | For Sale | $399,000 | -- | $204 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $6,084 | $588,900 | $137,900 | $451,000 |
| 2023 | $6,084 | $588,900 | $137,900 | $451,000 |
| 2022 | $5,873 | $588,900 | $0 | $0 |
| 2021 | $5,458 | $547,300 | $0 | $0 |
| 2020 | $4,344 | $403,000 | $0 | $0 |
| 2019 | $4,344 | $403,000 | $0 | $0 |
| 2018 | $4,344 | $403,000 | $0 | $0 |
| 2017 | $4,384 | $272,200 | $0 | $0 |
| 2016 | $3,345 | $272,200 | $0 | $0 |
| 2015 | $3,345 | $272,200 | $0 | $0 |
| 2014 | $2,456 | $202,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Sites
M
Seller's Agent in 2021
Melissa Sites
Realty World Marketplace
(828) 216-1657
1 in this area
37 Total Sales
-
Julie Smith
Buyer's Agent in 2021
Julie Smith
Allen Tate/Beverly-Hanks Asheville-Downtown
(828) 215-3393
2 in this area
135 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CARNCM559600
APN: 9649-04-3317-00000
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