NOT LISTED FOR SALE

Estimated Value: $519,000 - $798,000

3 Beds
3 Baths
2,830 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $430,000 $152 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,419/month

4 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Shed
  • West Buncombe Elementary School Rated A-
  • Fireplace
  • Fire Pit

About This Home

As of October 2021

With its history as both a single family home and as a successful short-term rental, this updated home has it all. The three private entrances leading to separate living spaces offer options for an owner interested in income, while the incredible fenced yard and move-in ready home makes it easy for a homeowner to settle in immediately. The finished basement, beautiful stone patio and spacious floor plan are difficult to find this close to Asheville. The large detached, powered garage has plenty of room for cars, bikes, boats AND a workshop. The chicken coop and additional powered shed make homesteading not only fun but functional. Close to the river, the River Arts District and minutes from downtown but quiet - welcome home.

Last Agent to Sell the Property

Sam Rule

Town and Mountain Realty License #294251 Listed on: 08/17/2021

Last Buyer's Agent

William Coburn III

Looking Glass Realty AVL LLC License #298376

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.64

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Fire Pit
  • Shed

Utilities

  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 9720-62-0489-00000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 671875.00
  • Ratio Current Price By Sq Ft: 151.94
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Block
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Electric Range, Refrigerator
  • Fireplace Description: Living Room, Woodstove
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile, Wood
  • Interior Amenities: Garage Shop
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1030
  • Main Level Sq Ft: 1800
  • Total Sq Ft: 2830

Exterior Features

  • Construction: Stone Veneer, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Shed(s), Wired Internet Available

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Oil Hot Air
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: West Buncombe/Eblen
  • Middle School: Clyde A Erwin
  • High School: Clyde A Erwin

Lot Info

  • Lot Features: Sloping
  • Lot Size Area: 0.640
  • Parcel Number: 9720-62-0489-00000
  • Zoning Specification: OU

Tax Info

  • Tax Value: 247300.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 27, 2021
Sold by
Sellars Michael D and Sellars Ann E
Bought by
Erickson Trace and Erickson Naomi
Seller's Agent
Sam Rule
Town and Mountain Realty
Buyer's Agent
William Coburn III
Looking Glass Realty AVL LLC
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$600,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,473
Avg. Annual Appreciation
8.82%
Original Mortgage
$365,500
Outstanding Balance
$334,024
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$266,449

Purchase Details

Closed on
Sep 17, 2020
Sold by
Sellars Michael D and Sellars Ann E
Bought by
Sellars Michael D and Sellars Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2017
Closed on
Feb 28, 2017
Sold by
Steele David Keith
Bought by
Sellars Michael D and Sellars Ann E
Seller's Agent
The Armour Team
Buyer's Agent
Dianne Rule
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%
Original Mortgage
$172,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Erickson Trace $430,000 None Available
Sellars Michael D -- None Available
Sellars Michael D $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Trace $365,500
Previous Owner Sellars Michael D $162,000
Previous Owner Sellars Michael D $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $430,000 0.0% $152 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $430,000 +100.0% $152 / Sq Ft
02/28/2017 02/28/17 Sold $215,000 0.0% $85 / Sq Ft
01/22/2017 01/22/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $215,000 -- $85 / 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 $2,644 $362,100 $31,400 $330,700
2023 $2,644 $362,100 $31,400 $330,700
2022 $2,256 $362,100 $0 $0
2021 $1,541 $247,300 $0 $0
2020 $1,312 $196,100 $0 $0
2019 $1,312 $196,100 $0 $0
2018 $1,292 $196,100 $0 $0
2017 $1,292 $170,200 $0 $0
2016 $616 $170,200 $0 $0
2015 $616 $170,200 $0 $0
2014 $599 $170,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3774930

Canopy MLS (Canopy Realtor® Association)

APN: 9720-62-0489-00000