Seller's Agent in 2024
Troy Flack
Keller Williams Professionals
(828) 275-7275
1 in this area
106 Total Sales
381 S French Broad Ave Unit 1-3 Asheville, NC 28801
South French Broad NeighborhoodEstimated Value: $543,000 - $640,831
6
Beds
3
Baths
3,456
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Fireplace
- Asheville High Rated A-
- Enclosed Patio or Porch
- Laundry Room
About This Home
As of October 2024Investor Alert! Historic home located in the heart of South Asheville convenient to everything! 1 mile from South Slope/Mission Hospital, 1.5 miles from downtown Asheville, and within 2 miles of the Biltmore Estate and historic Biltmore Village! Bring your imagination with this amazing opportunity that rarely hits the market. Currently set up as a 3-plex with a large main level 3 bdrm/1 bath unit and 2 upper level units. At just $166/sf, this home is priced correctly to allow you to add your custom touches and convert back to a grand single family home (sealed staircase still intact) or huge cash flow opportunities! Ideal rental opportunities for medium or long term rental options (30 day minimum stays). Limited on site parking via shared driveway with plenty of on street parking (possible expanded on site parking at rear). Owner states all units are separately metered. Sq.footage to be confirmed. Newer gas furnace and gas hot water heaters. Priced to sell, sold As-Is
Last Agent to Sell the Property
Keller Williams Professionals Brokerage Email: troyflack@kw.com License #253240 Listed on: 09/24/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- Partially Fenced Property
- Fenced Front Yard
- Wood Fence
- Level Lot
Home Design
- Triplex
- Traditional Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 3,456 Sq Ft Home
- Property has 2 Levels
- Wired For Data
- Fireplace
- Entrance Foyer
- Storm Doors
Kitchen
- Electric Oven
- Electric Range
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Unfinished Basement
- Interior Basement Entry
- Dirt Floor
- Crawl Space
Parking
- Shared Driveway
- On-Street Parking
Outdoor Features
- Enclosed Patio or Porch
Schools
- Asheville City Elementary School
- Asheville Middle School
- Asheville High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for trash collection
- Assessor Parcel Number 964815614400000
- Tax Block C
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Oct 30, 2024
Sold by
Patricia F Bunker Trust and Miller Candace J
Bought by
Fleming George William and Fleming Caroline Pieters
Seller's Agent
Troy Flack
Keller Williams Professionals
Buyer's Agent
Marie Morris
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,958
Avg. Annual Appreciation
4.95%
Original Mortgage
$408,750
Outstanding Balance
$404,658
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$167,300
Purchase Details
Closed on
Aug 30, 2017
Sold by
Bunker Patricia F and Bunker Patricia H
Bought by
Bunker Patricia F and Miller Candace J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fleming George William | $545,000 | None Listed On Document | |
| Bunker Patricia F | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fleming George William | $408,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $545,000 | -5.2% | $158 / Sq Ft |
| 09/24/2024 09/24/24 | For Sale | $575,000 | -- | $166 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | -- | $336,400 | $89,600 | $246,800 |
| 2024 | -- | $336,400 | $89,600 | $246,800 |
| 2023 | $3,388 | $336,400 | $89,600 | $246,800 |
| 2022 | $3,355 | $336,400 | $0 | $0 |
| 2021 | $3,355 | $336,400 | $0 | $0 |
| 2020 | $2,639 | $244,800 | $0 | $0 |
| 2019 | $2,639 | $244,800 | $0 | $0 |
| 2018 | $2,639 | $244,800 | $0 | $0 |
| 2017 | $2,663 | $239,000 | $0 | $0 |
| 2016 | $2,937 | $239,000 | $0 | $0 |
| 2015 | $2,937 | $239,000 | $0 | $0 |
| 2014 | $2,901 | $239,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Flack
-
Marie Morris
Buyer's Agent in 2024
Marie Morris
Howard Hanna Beverly-Hanks Asheville-Downtown
(828) 645-1938
1 in this area
89 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4181376
APN: 9648-15-6144-00000
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