NOT LISTED FOR SALE

Estimated Value: $589,000 - $778,000

4 Beds
3 Baths
2,748 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $321,000 $117 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,073/month

20 Days on Market

Highlights

  • Private Lot
  • Engineered Wood Flooring
  • Storm Doors
  • Asheville High Rated A-
  • Fireplace
  • Many Trees

About This Home

As of August 2016

Investors please take note. Classic beauty of a home! Wide porches with plenty of shade, solid rock foundation basement, Currently 3 apartment units, solid rental history, less than a mile to RAD, Downtown, McCormick Field, Hospital, everything Asheville! Upstair Unit C: 2BD/2BA, rents for $850, Unit B: 1BD/1BA rents for $725, Unit A: 1BD/1BA rents for $825. This home has historic charm and a steady rental income. Live in top unit, rent out the other two! Come live in the heart of Asheville!

Last Agent to Sell the Property

Andrew Pulsifer

Be Realty Home Brokerage License #284598 Listed on: 06/08/2016

Last Buyer's Agent

Broker Asheville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • Private Lot
  • Many Trees

Parking

  • Shared Driveway

Home Design

  • Triplex
  • Stone Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Storm Doors

Flooring

  • Engineered Wood
  • Vinyl

Listing and Financial Details

  • Tenant pays for all utilities, cable, electric heat, electricity, garbage pick-up, gas, water
  • Rent includes exterior maintenance
  • Assessor Parcel Number 9648-16-9240-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ratio Close Price By List Price: 0.91977
  • Ratio Close Price By Original Li: 0.91977
  • Ratio Current Price By Acre: 1783333.33
  • Ratio Current Price By Sq Ft: 116.81
  • Year Built: 1905
  • Property Features: Attic Walk-in, Cable Available, Fireplace, Porch/Patio, Refrigerator, Storage Room, Storm Windows/Doors, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Doors and Windows: Screen Door(s), Storm Door(s)
  • Equipment: Refrigerator
  • Fireplace: Yes
  • Fixture Exception Description: Unit C - Washer/Dryer does not convey
  • Fixture Exception Yn: Yes
  • Flooring: Prefinished Wood, Vinyl
  • Laundry Location: Main, Upper, Utility Room
  • Sq Ft Additional: 1021
  • Sq Ft Basement: 1152
  • Total Sq Ft: 2748

Exterior Features

  • Construction: Stone, Wood
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Shared
  • Parking: Driveway, On-Street Parking, Parking Space - 4+

Utilities

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

Lot Info

  • Lot Features: Paved Frontage, Private, Trees
  • Parcel Number: 9648-16-9240-00000
  • Zoning Specification: RS8

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities, Cable, Electric Heat, Electricity, Garbage Pick-up, Gas, Water

Tax Info

  • Tax Value: 224400.00
  • Tax Amount Ncm: 2758.00
  • Tax Location: Asheville

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Aug 23, 2016
Sold by
Myers Frederick and Myers Ilsa D
Bought by
Turnock Judith L
Seller's Agent
Andrew Pulsifer
Be Realty Home Brokerage
Buyer's Agent
Broker Asheville
List Price
$349,000
Sold Price
$321,000
Premium/Discount to List
-$28,000
-8.02%
Current Estimated Value
$698,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,234
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Aug 14, 2001
Sold by
Griffin William Ray and Griffin Hilda S
Bought by
Myers Frederick and Myers Ilsa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.1%
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
Turnock Judith L $321,000 None Available
Myers Frederick $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Frederick $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $321,000 -8.0% $117 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $349,000 -- $127 / 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 $4,717 $456,100 $85,600 $370,500
2024 $4,717 $456,100 $85,600 $370,500
2023 $4,717 $456,100 $85,600 $370,500
2022 $4,548 $456,100 $0 $0
2021 $4,548 $456,100 $0 $0
2020 $3,409 $316,300 $0 $0
2019 $3,409 $316,300 $0 $0
2018 $3,409 $316,300 $0 $0
2017 $3,441 $224,400 $0 $0
2016 $2,758 $224,400 $0 $0
2015 $2,758 $224,400 $0 $0
2014 $2,724 $224,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3185430

Canopy MLS (Canopy Realtor® Association)

APN: 9648-16-9240-00000