NOT LISTED FOR SALE

408 Caribou Rd Asheville, NC 28803

Estimated Value: $344,000 - $397,000

4 Beds
2 Baths
1,431 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $265,000 $185 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,104/month

20 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Central Heating and Cooling System
  • Fireplace

About This Home

As of October 2023

MULTIPLE OFFERS RECEIVED !! Highest and Best offers due by 8/5 @ 12 pm. Affordable 4 br 2 ba home under 300k. Perfect opportunity for a First time homebuyer or Investor. Spacious one-level living with ample yard space. This home comes with 2 lots for a total of .25 acres. Close to shopping, restaurants, Biltmore Village and desirable schools. House is being sold AS IS.

Last Agent to Sell the Property

Rita Lee

Rita Lee and Associates Realty Group License #257046 Listed on: 07/17/2023

Last Buyer's Agent

Rita Lee

Rita Lee and Associates Realty Group License #257046 Listed on: 07/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1969

Lot Details

  • 0.25

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,431 Sq Ft Home
  • Fireplace
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property is zoned RS8
  • Central Heating and Cooling System

Community Details

  • Lincoln Park Extension Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9657-13-6568-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1969
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.19
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1431
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1431
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1431
  • Bedroom Main: 4

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Hall
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 9657-13-6568-00000
  • Zoning: RS8
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Sep 22, 2023
Sold by
Watkins Drucilla Anne
Bought by
Kasalu Chizimbi and Kasalu Masauso
Seller's Agent
Rita Lee
Rita Lee and Associates Realty Group
Buyer's Agent
Rita Lee
Rita Lee and Associates Realty Group
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Views
173
Current Estimated Value
$371,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,429
Avg. Annual Appreciation
17.72%
Original Mortgage
$251,750
Outstanding Balance
$244,132
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$127,297

Purchase Details

Closed on
Apr 7, 2023
Sold by
Watkins Drucilla Ann
Bought by
Watkins Drucilla Ann and Oliver Sherif A

Purchase Details

Closed on
Oct 3, 1997
Sold by
United States Of America
Bought by
Watkins

Purchase Details

Closed on
Sep 9, 1996
Sold by
Watkins Raymond
Bought by
Watkins
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kasalu Chizimbi $265,000 None Listed On Document
Watkins Drucilla Ann -- Chicago Title
Watkins -- --
United States Of America -- --
Watkins -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasalu Chizimbi $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $265,000 0.0% $185 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
08/01/2023 08/01/23 Price Changed $265,000 -7.0% $185 / Sq Ft
07/17/2023 07/17/23 For Sale $285,000 -- $199 / 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 $1,918 $206,900 $49,900 $157,000
2024 $1,918 $206,900 $49,900 $157,000
2023 $1,918 $206,900 $49,900 $157,000
2022 $1,843 $206,900 $0 $0
2021 $1,843 $206,900 $0 $0
2020 $1,390 $145,100 $0 $0
2019 $1,390 $145,100 $0 $0
2018 $1,390 $145,100 $0 $0
2017 $1,404 $116,500 $0 $0
2016 $1,257 $116,500 $0 $0
2015 $1,257 $116,500 $0 $0
2014 $1,240 $116,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4050040

Canopy MLS (Canopy Realtor® Association)

APN: 9657-13-6568-00000