NOT LISTED FOR SALE

Estimated Value: $292,000 - $349,597

2 Beds
1 Bath
883 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $250,000 $283 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,855/month

2 Days on Market

Highlights

  • Open Floorplan
  • Cottage
  • 1-Story Property
  • Wooded Lot
  • Pasture
  • Level Lot

About This Home

As of March 2021

Enjoy the outdoors and privacy in this picturesque cottage with updated charm! Conveniently located just 10 minutes from downtown Asheville, the Biltmore Estate, Blue Ridge Parkway and Mission Hospital. Situated on a large wooded lot, this home has possibilities for subdivision and development (buyer to confirm). Lots of windows create light, bright indoor spaces. Outdoor areas such as a private deck, fenced-in yard, and open land for gardening will keep you and your guests outside and breathing in the fresh air. Work in town and enjoy coming home to peaceful surroundings of nature. This home has been a successful rental for 10 years and is perfect for a first time home buyer or investor. Could also be a perfect whole-home Airbnb as it is nestled just outside the city limits.

Last Agent to Sell the Property

Kelly Cates

On Trend Realty License #291417 Listed on: 12/18/2020

Last Buyer's Agent

Jordan Czeczuga

Heartwood Realty LLC License #291424

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Level Lot
  • Wooded Lot
  • Many Trees

Home Design

  • Cottage
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Open Floorplan
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Parking

  • Gravel Driveway
  • Shared Driveway

Farming

  • Pasture

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 965784410900000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.96154
  • Ratio Close Price By Original Li: 0.96154
  • Ratio Current Price By Acre: 297619.05
  • Ratio Current Price By Sq Ft: 283.13
  • Year Built: 1997
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Refrigerator, Washer
  • Flooring: Carpet, Laminate Wood
  • Interior Amenities: Cable Available, Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 883
  • Total Sq Ft: 883

Exterior Features

  • Construction: Hard Stucco, Vinyl
  • Construction Type: Off Frame Modular
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel, Shared
  • Parking: Driveway, Parking Space - 3

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Level, Pasture, Trees, Wooded
  • Parcel Number: 965784410900000
  • Plat Book Slide: 0069-0025
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 158000.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 28, 2021
Sold by
Annino Alison Denise and Knumnow Benjamin
Bought by
Bailey Cynthia A
Seller's Agent
Kelly Cates
On Trend Realty
Buyer's Agent
Jordan Czeczuga
Heartwood Realty LLC
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$330,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,399
Avg. Annual Appreciation
6.06%
Original Mortgage
$175,000
Outstanding Balance
$155,802
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$174,597

Purchase Details

Closed on
Apr 27, 2007
Sold by
Erwin John A and Murphy Margaret J
Bought by
Annino Alison Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,250
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2005
Sold by
Erwin John A and Murphy Margaret J
Bought by
Erwin John A and Murphy Margaret J

Purchase Details

Closed on
Feb 22, 2004
Sold by
Dmsi Llc
Bought by
Erwin John A

Purchase Details

Closed on
Dec 11, 2003
Sold by
Grady William D and Grady Karolen A
Bought by
Dmsi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2003
Sold by
Ingomar Lp
Bought by
Grady William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2003
Sold by
Purviance Terry and Purviance Dawn
Bought by
Ingomar Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1997
Sold by
Ludlam Larry E
Bought by
Frye
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bailey Cynthia A $250,000 None Available
Bailey Cynthia A $250,000 None Listed On Document
Annino Alison Denise $137,000 None Available
Erwin John A -- --
Erwin John A -- --
Dmsi Llc $67,000 --
Grady William D $59,500 --
Ingomar Lp $65,000 --
Frye $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Cynthia A $175,000
Closed Bailey Cynthia A $175,000
Previous Owner Annino Alison Denise $136,250
Previous Owner Dmsi Llc $69,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $250,000 -3.8% $283 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $260,000 -- $294 / 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 $1,319 $209,400 $67,400 $142,000
2024 $1,319 $209,400 $67,400 $142,000
2023 $1,319 $209,400 $67,400 $142,000
2022 $1,257 $209,400 $67,400 $142,000
2021 $1,230 $204,900 $0 $0
2020 $1,030 $158,000 $0 $0
2019 $1,030 $158,000 $0 $0
2018 $1,030 $158,000 $0 $0
2017 $1,030 $105,500 $0 $0
2016 $756 $105,500 $0 $0
2015 $756 $105,500 $0 $0
2014 $756 $105,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3679286

Canopy MLS (Canopy Realtor® Association)

APN: 9657-84-4109-00000