40 Holland St Asheville, NC 28801
North Asheville Neighborhood
4
Beds
2
Baths
2,322
Sq Ft
4,356
Sq Ft Lot
Highlights
- Traditional Architecture
- Laundry Room
- Central Heating
- Asheville High Rated A-
About This Home
As of December 2022INVESTOR ALERT! Ideal neighborhood location for this duplex - walking distance to shopping, restaurants & downtown. Renovations underway but property will need experienced investor/GC to complete. Plans and complete list of work completed to date attached. New plumbing and electric rough in, new elec panels, framing repaired. Additional 12x12 flex area added to upstairs unit (included in reported sq footage). All cosmetic finishes will be required. Current owners' final vision: the charm of yesteryear with modern updates for two 2/2 units with separate dedicated laundry area. Basement has approximately 425 sqft below 7' for planned laundry area and can be accessed only through exterior door. Permit(s) transferable. Great opportunity for someone looking for a diamond in the rough, whether you want to resell, create long-term rental income or convert back to a single family dwelling. Property being sold AS-IS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,056
Year Built
- Built in 1925
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 2,322 Sq Ft Home
- Crawl Space
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Asheville City Elementary School
- Asheville Middle School
- Asheville High School
Utilities
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 9649-33-5916-00000
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
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
6.60%
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
Similar Homes in the area
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
Average Home Value in this Area
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
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
-
Katie Beane
Seller's Agent in 2022
Katie Beane
Homespun Investment Realty Inc
(828) 335-0881
6 in this area
90 Total Sales
-
Anna Conner
Seller's Agent in 2022
Anna Conner
Relocate828 LLC
(828) 779-9802
1 in this area
44 Total Sales
-
Jessica Jackson
Buyer's Agent in 2022
Jessica Jackson
Town and Mountain Realty
(828) 232-2879
4 in this area
100 Total Sales
-
Staci Watkins
S
Seller's Agent in 2021
Staci Watkins
Century 21 Mountain Lifestyles/S. Hend
(828) 684-2640
1 in this area
20 Total Sales
-
R
Seller Co-Listing Agent in 2021
Rhionna Harris
Century 21 Mountain Lifestyles
-
Laura Uherka
L
Buyer's Agent in 2021
Laura Uherka
EXP Realty LLC
(828) 747-9883
2 in this area
53 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3852422
APN: 9649-33-5916-00000
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