NOT LISTED FOR SALE
-- Bed
-- Bath
6,351 Sq Ft
16,117 Sq Ft Lot

Last Sold August 04, 2021

Last sale price $1,290,000 $203 Per Sq Ft

197 Days on Market

Highlights

  • City View
  • Asheville High Rated A-
  • Wood Flooring

About This Home

As of August 2021

Excellent Investment Opportunity near Downtown Asheville. Great condition 11-Unit Multi-Family complex located in in an Opportunity Zone in Montford for purchase. Proven occupancy with 100% of the units occupied for more than 10 years. Huge upside potential for new owner.

Last Agent to Sell the Property

Patrick Johnson

NAI Allen Tate Beverly-Hanks Commercial License #257023 Listed on: 11/23/2020

NAI Allen Tate Beverly-Hanks Commercial

Co-Listed By

Jim Davis

NAI Allen Tate Beverly-Hanks Commercial License #292479

Last Buyer's Agent

Stoner Giltz

Tessier Associates License #279620

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 0.37

Parking

  • Gravel Driveway

Property Views

  • City Views

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Tenant pays for cable, electricity, gas, water
  • Rent includes electricity, exterior maintenance, garbage pick-up, gas, interior common lights, sewer, snow removal, water
  • Assessor Parcel Number 9649-22-9401-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0.37 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Ratio Close Price By List Price: 0.85149
  • Ratio Close Price By Original Li: 0.85149
  • Ratio Current Price By Acre: 3486486.49
  • Ratio Current Price By Sq Ft: 203.12
  • Year Built: 1919
  • Property Features: Cable Available, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Flooring: Vinyl, Wood
  • Laundry Location: Basement
  • Sq Ft Basement: 900
  • Total Sq Ft: 6351

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: On-Street Parking, Parking Space - 4+

Utilities

  • Heating: Gas Hot Air Furnace, Gas Space Heater
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Features: City View, Mountain View
  • Parcel Number: 9649-22-9401-00000
  • Zoning Specification: RM8

Rental Info

  • Rent Includes: Electricity, Exterior Maintenance, Garbage Pick-up, Gas, Interior Common Lights, Sewer, Snow Removal, Water
  • Tenant Pays: Cable, Electricity, Gas, Water

Tax Info

  • Tax Value: 765000.00
  • Tax Location: Asheville

Multi Family

  • Number Of Units Total: 11
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $1,290,000 -14.9% $203 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,515,000 0.0% $239 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $1,515,000 -- $239 / 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 $10,044 $933,100 $154,800 $778,300
2024 $10,044 $972,200 $154,800 $817,400
2023 $10,044 $972,200 $154,800 $817,400
2022 $9,695 $972,200 $0 $0
2021 $9,695 $972,200 $0 $0
2020 $8,246 $765,000 $0 $0
2019 $8,246 $765,000 $0 $0
2018 $8,246 $765,000 $0 $0
2017 $2,233 $655,300 $0 $0
2016 $8,054 $655,300 $0 $0
2015 $3,413 $655,300 $0 $0
2014 $3,300 $655,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3686791

Canopy MLS (Canopy Realtor® Association)
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