NOT LISTED FOR SALE

Estimated Value: $233,000 - $318,000

1 Bed
1 Bath
541 Sq Ft
$497/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $171,000 $316 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,902/month

17 Days on Market

Highlights

  • Fitness Center
  • Bamboo Flooring
  • End Unit
  • Asheville High Rated A-
  • Modern Architecture
  • Lawn

About This Home

As of March 2018

Modern condo in the heart of Downtown Asheville. Perfect investment property or vacation home. Walk to your favorite restaurants, coffee shops, and events right out your front door. Cute condo with granite countertops, bamboo floors and views of the City. The building has a great rooftop patio.

Last Agent to Sell the Property

Jason Moshier

Biltmore Farms, Inc Brokerage Email: jmoshier@tessierassociates.com License #279916 Listed on: 01/17/2018

Last Buyer's Agent

Josh Mimken

Keller Williams Professionals License #290843

Keller Williams Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,005

Year Built

  • Built in 1965

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $227 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Modern Architecture
  • Garden Home
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1 Full Bathroom
  • 541 Sq Ft Home
  • Built-In Features
  • Insulated Windows
  • Bamboo Flooring

Kitchen

  • Oven
  • Range Hood

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9649-31-2599-CE301

Community Details

Overview

  • Tessier Associates Association, Phone Number (828) 398-5261
  • Hiawassee Condos
  • Mandatory home owners association

Recreation

  • Fitness Center

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,005

Year Built

Built in 1965

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Modern
  • Year Built: 1965
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 316.08
  • Property Sub Type Additional: Garden
  • Attribution Contact: jmoshier@tessierassociates.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: No
  • Flooring: Bamboo, Carpet
  • Interior Amenities: Built-in Features, Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 541
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Exhaust Hood, Gas Water Heater, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 541
  • Accessibility Features: Elevator
  • Full Bathrooms: 1
  • Entry Location: Main
  • Living Area: 541
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 4
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Rubber
  • Construction Type: Site Built
  • Waterfront Elevation: 2000
  • Construction Type: Brick Partial, Synthetic Stucco

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Lot

Utilities

  • Heating: Apollo System, Central
  • Sewer: Public Sewer
  • Laundry Features: None
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Elevator, Fitness Center, Sidewalks, Street Lights
  • Association Fee: 227.26
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Hiawassee
  • Association Name: Tessier Associates
  • Phone: 828-398-5261
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: jmoshier@tessierassociates.com

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: End Unit
  • Lot Size Units: Acres
  • Parcel Number: 9649-31-2599-CE301
  • Zoning: R-1
  • Land Included Yn: 0
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CBD

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Mar 8, 2018
Sold by
Seaborn Elizabeth and Noll Cecilia P
Bought by
Love Adam B and Love Carolina
Seller's Agent
Jason Moshier
Biltmore Farms, Inc
Buyer's Agent
Josh Mimken
Keller Williams Professionals
List Price
$175,900
Sold Price
$171,000
Premium/Discount to List
-$4,900
-2.79%
Current Estimated Value
$275,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,582
Avg. Annual Appreciation
7.95%
Original Mortgage
$153,500
Outstanding Balance
$132,363
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$169,475

Purchase Details

Closed on
Sep 12, 2005
Sold by
Urban Spaces Of Asheville Llc
Bought by
Seaborn Elizabeth and Noll Cecilia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Love Adam B $171,000 None Available
Seaborn Elizabeth $159,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Adam B $153,500
Previous Owner Seaborn Elizabeth $98,000
Previous Owner Seaborn Elizabeth $127,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $171,000 -2.8% $316 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $175,900 -- $325 / 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
2023 $2,005 $177,900 $0 $177,900
2022 $1,774 $177,900 $0 $177,900
2021 $1,774 $177,900 $0 $0
2020 $1,634 $151,600 $0 $0
2019 $1,634 $151,600 $0 $0
2018 $1,634 $151,600 $0 $0
2017 $1,649 $121,600 $0 $0
2016 $1,494 $0 $0 $0
2015 $1,494 $121,600 $0 $0
2014 $1,476 $121,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3352376

Canopy MLS (Canopy Realtor® Association)

APN: 9649-31-2599-CE301