278 Cumberland Ave Asheville, NC 28801
Montford Neighborhood
3
Beds
1.5
Baths
1,960
Sq Ft
6,970
Sq Ft Lot
Highlights
- Wood Flooring
- Cottage
- Many Trees
- Asheville High Rated A-
- Front Green Space
- 1-minute walk to Montford Park
About This Home
As of December 2021Historic 20's era Cottage in Montford neighborhood proper! Highly sought location... this home is just a few doors from Montford Park, blocks from our famous Nine Mile Restaurant and Asheville's Reed Creek Greenway. This inviting home with foyer entry and large living space open to sunroom and formal dining room lives large. Enjoy cooking in this well appointed center seated kitchen with half bath tucked under staircase. Three bedrooms up, one quite sizable, upstairs features nice architectural lines and abundant natural light. Character and Charm with built ins and many period details. Fireplace is wood burning with natural gas on site available for upgrades to gas logs and/or gas range. Property has finished area in lower level with laundry and ample storage space. Exterior spaces offer a clean palette for your garden dreams or expansion for additional square footage. Large rear deck with deep rear lot is unique in this urban setting.
Last Agent to Sell the Property
Realty World Marketplace License #199043 Listed on: 10/30/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 1926
Lot Details
- Front Green Space
- Many Trees
Parking
- Gravel Driveway
Home Design
- Cottage
Interior Spaces
- Wood Burning Fireplace
Flooring
- Wood
- Tile
Schools
- Asheville City Elementary School
- Asheville Middle School
- Asheville High School
Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 9649-04-3317-00000
- Tax Block 0035
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: CAR3796259
APN: 9649-04-3317-00000
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