$322,500
SOLD JUN 30, 2021
3 Beds
2 Baths
2,178 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

17% Below List Price

45 Days on Market

Highlights

  • Traditional Architecture
  • Asheville High Rated A-
  • Wood Flooring

About This Home

As of December 2022

Great location close to everything. An investor's dream in the heart of downtown Asheville. Existing home has 2 separate livable units as well as a basement with ample space to work with. The sound structure and character of this home allow the imagination to run wild. Offering the perfect opportunity for an experienced investor to renovate and resell, or hold as a rental. Being within walking distance to downtown, grocery stores, restaurants, and green ways this opportunity won't last long.

Last Agent to Sell the Property

Staci Watkins

Century 21 Mountain Lifestyles/S. Hend License #323250 Listed on: 03/23/2021

Century 21 Mountain Lifestyles/S. Hend

Co-Listed By

Rhionna Harris

Century 21 Mountain Lifestyles License #310226

Last Buyer's Agent

Laura Uherka

EXP Realty LLC License #318067

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Flooring

  • Wood
  • Linoleum
  • Concrete
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Outbuilding
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 9649-33-5916

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.89833
  • Ratio Close Price By Original Li: 0.82905
  • Ratio Current Price By Acre: 3225000.00
  • Ratio Current Price By Sq Ft: 148.07
  • Year Built: 1925
  • Property Features: Attic Other, Cable Available
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Gas Oven, Gas Range, Natural Gas, Refrigerator, Washer
  • Flooring: Carpet, Concrete, Linoleum, Vinyl, Wood
  • Laundry Location: Main
  • Sq Ft Additional: 576
  • Total Sq Ft: 2178

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Driveway, On-Street Parking

Utilities

  • Heating: Electric Baseboard Heat, Gas Hot Air Furnace, Gas Space Heater, Natural Gas, No A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights

Schools

  • Elementary School: Asheville City
  • Middle School: Unspecified
  • High School: Asheville

Lot Info

  • Lot Dimension: 53' x 80'
  • Lot Size Area: 0.100
  • Parcel Number: 9649-33-5916
  • Zoning Specification: RES SING

Rental Info

  • Rent Includes: All Utilities

Tax Info

  • Tax Value: 328200.00
  • Tax Location: Asheville

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Nov 28, 2022
Sold by
Ashkat Realty Llc
Bought by
Scholz Sarah
Seller's Agent
Katie Beane
Homespun Investment Realty Inc
Buyer's Agent
Jessica Jackson
Town and Mountain Realty
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Views
6
Current Estimated Value
$655,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,228
Avg. Annual Appreciation
6.57%
Original Mortgage
$468,000
Outstanding Balance
$456,260
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$235,385

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 23, 2022
Sold by
Wscrb Holdings Llc
Bought by
Ashkat Realty Llc
Seller's Agent
Anna Conner
Relocate828 LLC
Buyer's Agent
Katie Beane
Homespun Investment Realty Inc
List Price
$419,000
Sold Price
$337,500
Premium/Discount to List
-$81,500
-19.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
239.51%
Original Mortgage
$403,750
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 15, 2021
Sold by
Brooke Mark D and Brooke Mark D
Bought by
Wscrb Hoidings Llc
Seller's Agent
Staci Watkins
Century 21 Mountain Lifestyles/S. Hend
Buyer's Agent
Laura Uherka
EXP Realty LLC
List Price
$389,000
Sold Price
$322,500
Premium/Discount to List
-$66,500
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$346,000
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $585,000 --
Warranty Deed $337,500 None Listed On Document
Warranty Deed $322,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,000 New Conventional
Previous Owner $403,750 Construction
Previous Owner $346,000 Commercial
Previous Owner $70,897 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $55,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $585,000 +1.7% $294 / Sq Ft
10/24/2022 10/24/22 For Sale $575,000 +70.4% $289 / Sq Ft
06/23/2022 06/23/22 Sold $337,500 -10.9% $145 / Sq Ft
06/03/2022 06/03/22 Price Changed $379,000 -5.0% $163 / Sq Ft
05/09/2022 05/09/22 Price Changed $399,000 -4.8% $172 / Sq Ft
04/22/2022 04/22/22 For Sale $419,000 +29.9% $180 / Sq Ft
06/30/2021 06/30/21 Sold $322,500 -10.2% $148 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/20/2021 04/20/21 Price Changed $359,000 -7.7% $165 / Sq Ft
03/23/2021 03/23/21 For Sale $389,000 -- $179 / 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 $5,056 $502,000 $122,100 $379,900
2022 $3,273 $328,200 $0 $0
2021 $3,273 $328,200 $0 $0
2020 $2,706 $251,000 $0 $0
2019 $2,706 $251,000 $0 $0
2018 $1,353 $251,000 $0 $0
2017 $0 $185,500 $0 $0
2016 $1,140 $185,500 $0 $0
2015 -- $185,500 $0 $0
2014 $2,252 $185,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3721507

Canopy MLS (Canopy Realtor® Association)

APN: 9649-33-5916-00000