NOT LISTED FOR SALE

387 S French Broad Ave Asheville, NC 28801

South French Broad Neighborhood

Estimated Value: $501,000 - $560,000

2 Beds
2 Baths
1,450 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $350,000 $241 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,080/month

81 Days on Market

Highlights

  • Open Floorplan
  • Arts and Crafts Architecture
  • Walk-In Closet
  • Asheville High Rated A-
  • Engineered Wood Flooring
  • Breakfast Bar

About This Home

As of July 2020

BETTER than a condo!!! EMBRACE the URBAN AVL Lifestyle in this 2BR, 2 BA 1450 sq ft., 2 story COMPLETELY
UPDATED home on a 10,454 sq ft lot in the HEART of DT Asheville!!! Tucked away behind a wall of green hedges...awaits your private City Oasis! You will LOVE the CLASSY,SPACIOUS kitchen w/QUARTZ countertops, all NEW stainless appliances, SLEEK, STREAMLINED cabinets, breakfast bar & eat-in breakfast nook!!! The main level has an OPEN Floor Plan w/NEW windows, FUN lighting & AMPLE wall space READY for all of your treasured ART!!! Laundry on main level w/new GE front load W/D units, & master bedroom w/walk-in closet upstairs. New: natural gas furnace, central AC, roof & exterior siding!!! You are: blocks from Hopey, the GRAIL movie house & Little Bee Thai!! Close to AVL's DT breweries!!! Minutes to the South Slope & River Arts District!!! Huge parking area & room 4 an Amazing garden!!! Attic & full basement for storage. Potential to add an ADU (Accessory Dwelling Unit)or to subdivide.

Last Agent to Sell the Property

Maria Cavallo-Cook

Love Asheville Realty License #216743 Listed on: 03/24/2020

Last Buyer's Agent

Todd Kaderabek

Howard Hanna Beverly-Hanks Asheville-Downtown License #281198

Howard Hanna Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Front Green Space
  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 9648-15-6032-00000
  • Tax Block 0044

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.98592
  • Ratio Close Price By Original Li: 0.79636
  • Ratio Current Price By Acre: 1458333.33
  • Ratio Current Price By Sq Ft: 241.38
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance, Block, Brick
  • Upper Level Sq Ft: 600
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Exhaust Fan, Gas Range, Natural Gas, Refrigerator, Washer
  • Flooring: Prefinished Wood, Tile
  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 850
  • Total Sq Ft: 1450
  • Sq Ft Unheated Third: 384
  • Sq Ft Unheated Total: 384

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Green Area, Level, Paved Frontage, Trees
  • Parcel Number: 9648-15-6032-00000
  • Plat Book Slide: 0016
  • Plat Reference Section Pages: 0266
  • Zoning Specification: RS8

Tax Info

  • Tax Value: 124600.00
  • Tax Block: 0044
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Jul 27, 2020
Sold by
Polechko David
Bought by
Teasley Bettie S
Seller's Agent
Maria Cavallo-Cook
Love Asheville Realty
Buyer's Agent
Todd Kaderabek
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$439,500
Sold Price
$350,000
Premium/Discount to List
-$89,500
-20.36%
Current Estimated Value
$526,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,222
Avg. Annual Appreciation
8.08%
Original Mortgage
$280,000
Outstanding Balance
$248,838
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$277,384

Purchase Details

Closed on
Oct 18, 2012
Sold by
Wolfe Thomas and Wolfe Anna Kathryn
Bought by
Polechko David

Purchase Details

Closed on
Oct 16, 2012
Sold by
Ellison Eugent W and Ellison Angela Kay
Bought by
Wolfe Thomas
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
Teasley Bettie S $350,000 None Available
Polechko David $60,000 None Available
Wolfe Thomas $53,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teasley Bettie S $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $350,000 -1.4% $241 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $355,000 -3.8% $245 / Sq Ft
06/04/2020 06/04/20 Price Changed $369,000 -5.1% $254 / Sq Ft
05/14/2020 05/14/20 Price Changed $389,000 -2.5% $268 / Sq Ft
04/27/2020 04/27/20 Price Changed $399,000 -9.2% $275 / Sq Ft
03/24/2020 03/24/20 For Sale $439,500 -- $303 / 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 $3,684 $356,600 $89,100 $267,500
2024 $3,684 $356,600 $89,100 $267,500
2023 $3,684 $356,600 $89,100 $267,500
2022 $3,556 $356,600 $89,100 $267,500
2021 $3,556 $356,600 $0 $0
2020 $1,343 $124,600 $0 $0
2019 $1,343 $124,600 $0 $0
2018 $1,343 $124,600 $0 $0
2017 $1,356 $61,500 $0 $0
2016 $756 $61,500 $0 $0
2015 $756 $61,500 $0 $0
2014 $747 $61,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Maria Cavallo-Cook

    Love Asheville Realty

    (828) 215-1452

    62 Total Sales

    Maria Cavallo-Cook
    Section Image
  • Todd Kaderabek

    Buyer's Agent in 2020

    Todd Kaderabek

    Howard Hanna Beverly-Hanks Asheville-Downtown

    (828) 712-1982

    117 Total Sales

    Todd Kaderabek
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3606309

Canopy MLS (Canopy Realtor® Association)

APN: 9648-15-6032-00000

North Carolina Buncombe County Asheville 28801 South French Broad

387 S French Broad Ave, Asheville, NC

Not Listed for Sale

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