NOT LISTED FOR SALE

311 Vanderbilt Rd Asheville, NC 28803

Estimated Value: $1,072,000 - $1,561,628

6 Beds
5.5 Baths
3,481 Sq Ft
$379/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $960,000 $276 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,171/month

127 Days on Market

Highlights

  • Greenhouse
  • Private Lot
  • Transitional Architecture
  • T.C. Roberson High School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of December 2022

In the early 1940's, Minnie and William Freeman had 311 Vanderbilt Rd designed by famed Asheville architect Henry Gaines of Six Associates. Based on European Bauhaus architectural designs, this beautiful "International" style home has since been owned by only one other family and its original integrity remains intact. This five/six bedroom home sits on a magnificent, level 1.92 acre lot that abuts the Biltmore Estate. It has large rooms and the potential to be a showcase of modern style.

Last Agent to Sell the Property

LeNoir Medlock

Preferred Properties License #191063 Listed on: 08/22/2022

Last Buyer's Agent

Laura Moye

Mosaic Community Lifestyle Realty License #253714

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • Fenced
  • Private Lot
  • Level Lot
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den with Fireplace
  • Screened Porch
  • Home Security System
  • Laundry Room

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Greenhouse
  • Shed

Schools

  • Estes/Koontz Elementary School
  • Charles T Koontz Middle School
  • T.C. Roberson High School

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • Biltmore Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9647-74-3243-00000

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

1.92 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1943
  • Ratio Current Price By Acre: 500000.00
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 275.78
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built Ins, Cable Available, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 689
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1973
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 516
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 53
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 569
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1508
  • Porch: Back,Covered,Front,Screened
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Range, Exhaust Hood, Refrigerator, Security System, Self Cleaning Oven, Wall Oven
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Den, Family Room, Living Room
  • Living Area: 3481
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Fence, Greenhouse, Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Biltmore Forest
  • Construction Type: Site Built
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Public

Schools

  • Middle Or Junior School: Charles T Koontz
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Wooded, Wooded, See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 9647-74-3243-00000
  • Plat Reference Section Pages: 5-113
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.24973

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Estes/Koontz
  • High School: T.C. Roberson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Dec 14, 2022
Sold by
Anna Hughes Revocable Trust
Bought by
Capozziello Robert A and Capozziello Madelon R
Seller's Agent
LeNoir Medlock
Preferred Properties
Buyer's Agent
Laura Moye
Mosaic Community Lifestyle Realty
List Price
$1,250,000
Sold Price
$960,000
Premium/Discount to List
-$290,000
-23.2%
Views
181
Current Estimated Value
$1,319,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,407
Avg. Annual Appreciation
10.66%
Original Mortgage
$726,200
Outstanding Balance
$701,813
Interest Rate
6.33%
Estimated Equity
$617,594
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Capozziello Robert A $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capozziello Robert A $726,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2022 12/28/22 Sold $960,000 -16.5% $276 / Sq Ft
10/26/2022 10/26/22 Price Changed $1,150,000 -8.0% $330 / Sq Ft
08/22/2022 08/22/22 For Sale $1,250,000 -- $359 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,492 $1,183,300 $626,100 $557,200
2024 $4,492 $867,800 $626,100 $241,700
2023 $4,492 $863,300 $626,100 $237,200
2022 $4,491 $920,200 $0 $0
2021 $4,491 $920,200 $0 $0
2020 $4,037 $763,200 $0 $0
2019 $4,037 $763,200 $0 $0
2018 $4,037 $763,200 $0 $0
2017 $4,114 $607,700 $0 $0
2016 $3,671 $607,700 $0 $0
2015 $3,671 $607,700 $0 $0
2014 $3,671 $607,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3894900

Canopy MLS (Canopy Realtor® Association)

APN: 9647-74-3243-00000

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