NOT LISTED FOR SALE

Estimated Value: $372,118 - $539,000

3 Beds
2 Baths
1,364 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $545,000 $400 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,387/month

261 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Wooded Lot
  • Asheville High Rated A-
  • Open Floorplan
  • Traditional Architecture

About This Home

As of June 2023

Nestled in the BLUE RIDGE MOUNTAINS in the heart of BILTMORE VILLAGE, RESIDENCES AT BILTMORE is an upscale condominium community only minutes to DOWNTOWN Asheville, Biltmore Estate, & Mission Hospital. Walk to restaurants, local galleries & shops. This 3 bedroom 2 bath condo offers a private entrance, covered balcony, & gas fireplace. This unit has not been part of the rental program so easy to show! Most furnishings are included. Amenities include, elevator, pool, hot tub, gym, concierge, restaurant and an EVENT SPACE for weddings and conferences. Amazing location for an investment condo at this price point and it's pet friendly! The RESIDENCES is known for its short-term rental history, making it an excellent investment opportunity as well as your MOUNTAIN GETAWAY!!

Last Agent to Sell the Property

Angela Booher

Unique: A Real Estate Collective Brokerage Email: angelab@uniquecollective.us License #280185 Listed on: 08/31/2022

Last Buyer's Agent

Michaela Schmidlin

COMPASS License #325005

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 6.78

HOA Fees

  • $658 Monthly HOA Fees

Parking

  • 3 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Asheville City Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 9648-62-3059-C0415

Community Details

Overview

  • The Residences At Biltmore HOA
  • Mid-Rise Condominium
  • Residences At Biltmore Condos
  • Residences At Biltmore Subdivision
  • Mandatory home owners association

Amenities

  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$658 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 2006
  • Restrictions: Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 399.56
  • Property Sub Type Additional: Mid-Rise
  • Attribution Contact: angelab@uniquecollective.us
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Entry Level: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire, Garden Tub, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1364
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1364
  • Accessibility Features: Elevator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Fire Pit, Gas Log, Living Room
  • Living Area: 1364
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, In Ground Pool
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement, Stone
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Business Center, Fitness Center, Hot Tub, Outdoor Pool, Sidewalks, Street Lights
  • Association Fee: 658
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Residences At Biltmore
  • Senior Community: No
  • Association Name: The Residences at Biltmore HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 7896.00

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded
  • Parcel Number: 9648-62-3059-C0415
  • Land Included Yn: 0
  • Zoning Specification: INST

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Jun 12, 2023
Sold by
Dorothea F West 2013 Trust
Bought by
Rachel And John King Family Llc
Seller's Agent
Angela Booher
Unique: A Real Estate Collective
Buyer's Agent
Michaela Schmidlin
COMPASS
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Views
415
Current Estimated Value
$450,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,220
Avg. Annual Appreciation
-6.75%

Purchase Details

Closed on
Oct 9, 2013
Sold by
West Dorothea F
Bought by
Bank Of America Na and Completely Restated Dorothea F West 2013

Purchase Details

Closed on
Nov 7, 2008
Sold by
Power Development Llc
Bought by
West Malcolm W and West Dorothea F
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
Rachel And John King Family Llc $545,000 None Listed On Document
Bank Of America Na -- None Available
West Malcolm W $550,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $545,000 -0.9% $400 / Sq Ft
03/03/2023 03/03/23 For Sale $550,000 +0.9% $403 / Sq Ft
03/01/2023 03/01/23 Off Market $545,000 -- --
08/31/2022 08/31/22 For Sale $550,000 -- $403 / 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
2024 -- $403,700 -- $403,700
2023 $3,928 $390,000 $0 $390,000
2022 $3,889 $390,000 $0 $0
2021 $3,889 $390,000 $0 $0
2020 $3,531 $327,600 $0 $0
2019 $3,531 $327,600 $0 $0
2018 $3,531 $327,600 $0 $0
2017 $0 $220,400 $0 $0
2016 $2,709 $0 $0 $0
2015 $33 $220,400 $0 $0
2014 $2,676 $220,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3900478

Canopy MLS (Canopy Realtor® Association)

APN: 9648-62-3059-C0415