NOT LISTED FOR SALE

318 Lower Grassy Branch Rd Asheville, NC 28805

Estimated Value: $268,000 - $378,191

3 Beds
1 Bath
1,125 Sq Ft
$302/Sq Ft Est. Value

Last Sold April 17, 2013

Last sale price $141,000 $125 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,908/month

130 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Breakfast Bar
  • Charles C. Bell Elementary School Rated A-
  • Wood Flooring
  • Front Green Space

About This Home

As of April 2013

Great opportunity here for the investor or first time buyer. Home has been a rental for many years. Solid home has hardwoods throughout. Full unfinished basement provides workshop space. Wood stove in FR. In last 3-5 years: updated circuit box, new furnace, water heater, painted kitchen and dining area. Home is city water w/ septic tank. Income producer for many years. Unable to verify septic.

Last Agent to Sell the Property

Pat Bryant

Howard Hanna Beverly-Hanks Asheville-North License #221997 Listed on: 11/08/2012

Last Buyer's Agent

Rachel Rowlinson

The Builder's Wife License #197409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1962

Lot Details

  • Front Green Space
  • Fenced
  • Level Lot

Parking

  • 1

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • Wood Burning Stove
  • Storm Doors
  • Breakfast Bar

Flooring

  • Wood
  • Laminate

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9669-73-0567

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 1962

Lot Details

0

Parking

1

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: 0.94000
  • Ratio Current Price By Acre: 169879.52
  • Ratio Current Price By Sq Ft: 125.33
  • Year Built: 1962
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Electric Range, Refrigerator, Smoke Detector, Washer Connection, Electric Oven
  • Flooring: Laminate Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Available
  • Room Count: 4
  • Main Level Sq Ft: 1125
  • Total Sq Ft: 1125
  • Sq Ft Unheated Basement: 1125

Exterior Features

  • Construction: Brick Full, Metal
  • Construction Type: Site Built
  • Exterior Features: Fenced
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Basement, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Woodstove
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Bell
  • Middle School: AC Reynolds
  • High School: AC Reynolds

Lot Info

  • Lot Features: Green Area, Level
  • Lot Size Area: 0.830
  • Parcel Number: 9669-73-0567
  • Plat Reference Section Pages: 1188
  • Zoning Specification: R-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2012
Closed on
Apr 16, 2013
Sold by
Mashburn Carolyn Jean and Mashburn Richie
Bought by
Williamson Thomas Scott Bright and Williamson Brianleigh Bright
Seller's Agent
Pat Bryant
Howard Hanna Beverly-Hanks Asheville-North
Buyer's Agent
Rachel Rowlinson
The Builder's Wife
List Price
$150,000
Sold Price
$141,000
Premium/Discount to List
-$9,000
-6%
Current Estimated Value
$339,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,548
Avg. Annual Appreciation
7.27%
Original Mortgage
$144,031
Outstanding Balance
$102,217
Interest Rate
3.59%
Mortgage Type
Commercial
Estimated Equity
$237,331
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
Williamson Thomas Scott Bright $141,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Thomas Scott Bright $144,031
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold $141,000 -6.0% $125 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $150,000 -- $133 / 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 $1,523 $222,800 $41,300 $181,500
2024 $1,523 $222,800 $41,300 $181,500
2023 $1,523 $204,400 $41,300 $163,100
2022 $1,296 $204,400 $0 $0
2021 $1,296 $204,400 $0 $0
2020 $1,086 $161,200 $0 $0
2019 $1,086 $161,200 $0 $0
2018 $1,046 $161,200 $0 $0
2017 $1,046 $143,700 $0 $0
2016 $1,026 $143,700 $0 $0
2015 $1,026 $143,700 $0 $0
2014 $1,026 $143,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM528800

Canopy MLS (Canopy Realtor® Association)

APN: 9669-73-0567-00000