NOT LISTED FOR SALE

36 Bearden Ave Asheville, NC 28801

Montford Neighborhood

Estimated Value: $565,000 - $839,000

3 Beds
4 Baths
1,810 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $400,000 $221 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,864/month

98 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Many Trees
  • Asheville High Rated A-

About This Home

As of May 2021

Remarkable opportunity in Montford. This 4-plex located on historic Bearden Avenue has a strong rental history and is located on one of the closest residential streets to Downtown Asheville. Features include a lovely covered front porch, large garden area, ample parking. Excellent for long term investment or single family conversion.

Last Agent to Sell the Property

Monica Koerschner

Asheville Crafted Real Estate, LLC License #174982 Listed on: 12/08/2020

Last Buyer's Agent

Ben Falcon

Agent Asheville Real Estate License #269764

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 6,534

Parking

  • Gravel Driveway

Home Design

  • Victorian Architecture

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • 4 Full Bathrooms
  • Many Trees

Listing and Financial Details

  • Tenant pays for cable, electricity
  • Rent includes sewer, water
  • Assessor Parcel Number 9649-12-8138-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Architectural Style: Victorian
  • Ratio Close Price By List Price: 0.84228
  • Ratio Close Price By Original Li: 0.66678
  • Ratio Current Price By Acre: 2666666.67
  • Ratio Current Price By Sq Ft: 220.99
  • Year Built: 1904
  • Property Features: Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Equipment: Dryer, Gas Range, Washer
  • Flooring: Tile, Vinyl, Wood
  • Laundry Location: Main, Common Facility
  • Total Sq Ft: 1810

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Electric Baseboard Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Paved Frontage, Trees
  • Parcel Number: 9649-12-8138-00000
  • Zoning Specification: RM8

Rental Info

  • Rent Includes: Sewer, Water
  • Tenant Pays: Cable, Electricity

Tax Info

  • Tax Value: 338300.00
  • Tax Location: Asheville

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Johnson Kevin L
Bought by
Crepuscular Investments Llc
Current Estimated Value
$674,146

Purchase Details

Listed on
Dec 8, 2020
Closed on
May 14, 2021
Sold by
Normandy Holding Llc
Bought by
Johnson Kevin L
Seller's Agent
Monica Koerschner
Asheville Crafted Real Estate, LLC
Buyer's Agent
Ben Falcon
Agent Asheville Real Estate
List Price
$474,900
Sold Price
$400,000
Premium/Discount to List
-$74,900
-15.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$212,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2012
Closed on
Jan 24, 2014
Sold by
Russell Mitchell A and Russell Elizabeth P
Bought by
Normandy Holdings Llc
Seller's Agent
Cain Cox
Premier Sotheby’s International Realty
Buyer's Agent
Robbie McLucas
Town and Mountain Realty
List Price
$350,000
Sold Price
$255,000
Premium/Discount to List
-$95,000
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$204,000
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2010
Sold by
Last Word Llc
Bought by
Russell Mitchell A and Russell Elizabeth P

Purchase Details

Closed on
Apr 8, 2005
Sold by
Russell Mitchell A and Russell Elizabeth P
Bought by
Last Word Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2003
Sold by
Cahn Andrew J
Bought by
Rio Grande Asset Management Llc

Purchase Details

Closed on
Mar 27, 2001
Sold by
Winter Carol Ann
Bought by
Cahn Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1998
Sold by
Mcclaren Darrell B and Mcclaren Sandy M
Bought by
Winter Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,350
Interest Rate
6.77%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Crepuscular Investments Llc -- None Available
Johnson Kevin L $425,000 None Available
Normandy Holdings Llc $255,000 None Available
Russell Mitchell A -- None Available
Last Word Llc -- --
Russell Mitchell A $301,000 --
Rio Grande Asset Management Llc -- --
Cahn Andrew J $177,000 --
Winter Carol Ann $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Kevin L $212,500
Previous Owner Normandy Holdings Llc $204,000
Previous Owner Russell Mitchell A $240,800
Previous Owner Cahn Andrew J $165,750
Previous Owner Winter Carol Ann $108,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2021 05/18/21 Sold $400,000 -15.8% $221 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/12/2021 03/12/21 Price Changed $474,900 0.0% $262 / Sq Ft
03/12/2021 03/12/21 For Sale $474,900 -5.0% $262 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/28/2021 01/28/21 Price Changed $499,900 -4.6% $276 / Sq Ft
01/11/2021 01/11/21 Price Changed $524,000 +10.5% $290 / Sq Ft
01/11/2021 01/11/21 Price Changed $474,000 -13.7% $262 / Sq Ft
12/17/2020 12/17/20 Price Changed $549,000 -8.5% $303 / Sq Ft
12/08/2020 12/08/20 For Sale $599,900 +135.3% $331 / Sq Ft
01/24/2014 01/24/14 Sold $255,000 -27.1% $137 / Sq Ft View Prior Sale
12/25/2013 12/25/13 Pending -- -- --
01/13/2012 01/13/12 For Sale $350,000 -- $188 / 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 $4,277 $414,000 $208,800 $205,200
2024 $4,277 $414,000 $208,800 $205,200
2023 $4,277 $414,000 $208,800 $205,200
2022 $7,068 $708,800 $0 $0
2021 $3,703 $371,300 $0 $0
2020 $3,647 $338,300 $0 $0
2019 $3,647 $338,300 $0 $0
2018 $3,647 $338,300 $0 $0
2017 $0 $246,800 $0 $0
2016 $3,033 $246,800 $0 $0
2015 $3,033 $246,800 $0 $0
2014 -- $246,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Monica Koerschner

    Asheville Crafted Real Estate, LLC

    (828) 335-6200

    1 in this area

    16 Total Sales

    Monica Koerschner
    Section Image

  • B

    Buyer's Agent in 2021

    Ben Falcon

    Agent Asheville Real Estate

    (828) 989-1492

    1 in this area

    15 Total Sales

    Ben Falcon
    Section Image
  • Cain Cox

    Seller's Agent in 2014

    Cain Cox

    Premier Sotheby’s International Realty

    (828) 242-7707

    3 in this area

    91 Total Sales

    Cain Cox
    Section Image
  • Jennifer Farley

    Seller Co-Listing Agent in 2014

    Jennifer Farley

    Premier Sotheby’s International Realty

    (828) 545-1383

    3 in this area

    110 Total Sales

    Jennifer Farley
    Section Image

  • R

    Buyer's Agent in 2014

    Robbie McLucas

    Town and Mountain Realty

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3689648

Canopy MLS (Canopy Realtor® Association)

APN: 9649-12-8138-00000

North Carolina Buncombe County Asheville 28801 Montford

36 Bearden Ave, Asheville, NC

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.