NOT LISTED FOR SALE

Estimated Value: $254,000 - $416,039

1 Bed
1 Bath
740 Sq Ft
$471/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $377,750 $510 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,578/month

Highlights

  • In Ground Pool
  • Clubhouse
  • Lawn
  • Asheville High Rated A-
  • Traditional Architecture
  • Laundry Room

About This Home

As of June 2022

Excellent short term rental investment opportunity minutes from downtown Asheville, Biltmore Village and the Biltmore Estate. Ideally located in one of the most vibrant tourist destinations in the US. Amenities include an elevator, pool, hot tub, gym, concierge and restaurant. Open floor plan, 1 bed/1 bath condo features a patio, gas fireplace with all furniture and appliances included. Walk to restaurants, local galleries & shops. Rare opportunity to own a short term rental in Asheville.

Last Agent to Sell the Property

Julie Smith

Howard Hanna Beverly-Hanks Asheville-Downtown Brokerage Email: julie.smith@allentate.com License #180470 Listed on: 06/06/2022

Howard Hanna Beverly-Hanks Asheville-Downtown

Co-Listed By

Todd Kaderabek

Howard Hanna Beverly-Hanks Asheville-Downtown Brokerage Email: julie.smith@allentate.com License #281198

Last Buyer's Agent

Phillip Gamble

Sundog Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 6.78

HOA Fees

  • $486 Monthly HOA Fees

Parking

  • 3 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 4th floor
  • Slab Foundation
  • Stone Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 740 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Fire Pit
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 9648-62-3059-C0424
  • Tax Block 32

Community Details

Overview

  • Southern Resort Group Association, Phone Number (828) 774-5975
  • Residences At Biltmore Condos
  • Residences At Biltmore Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 2006
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 510.47
  • Attribution Contact: julie.smith@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 4
  • Fireplace: Yes
  • Flooring: Laminate
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 740
  • 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 Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 740
  • Accessibility Features: Elevator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Upper
  • Fireplace Features: Fire Pit, Gas Log, Living Room
  • Living Area: 740
  • Bedroom Main: 1
  • Room Count: 6

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Lawn Maintenance, In Ground Pool
  • New Construction: No
  • Construction Type: Site Built
  • View: Winter
  • Waterfront Elevation: 2000
  • Construction Type: Brick Full, Fiber Cement, Stone

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: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Hot Tub, Outdoor Pool
  • Association Fee: 486
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Residences At Biltmore
  • Senior Community: No
  • Association Name: Southern Resort Group
  • Phone: 828-774-5975
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 5832.00

Schools

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

Lot Info

  • Parcel Number: 9648-62-3059-C0424
  • Land Included Yn: 0
  • Zoning Specification: INST

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • Tax Block: 32

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jun 15, 2022
Sold by
Judith Andrews Trust
Bought by
Soraya Holdings Llc
Seller's Agent
Julie Smith
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Phillip Gamble
Sundog Realty, Inc.
List Price
$379,000
Sold Price
$377,750
Premium/Discount to List
-$1,250
-0.33%
Current Estimated Value
$348,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,240
Avg. Annual Appreciation
-2.46%

Purchase Details

Closed on
Oct 19, 2015
Bought by
Andrews Judith

Purchase Details

Closed on
Mar 23, 2007
Sold by
Power Development Llc
Bought by
Andrews Judi and Garnsey Daniel L
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
Soraya Holdings Llc $378,000 None Listed On Document
Andrews Judith -- --
Andrews Judith -- --
Andrews Judi $330,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Sold $377,750 -0.3% $510 / Sq Ft
06/06/2022 06/06/22 For Sale $379,000 -- $512 / 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 -- $279,600 -- $279,600
2023 $2,816 $279,600 $0 $279,600
2022 $2,788 $279,600 $0 $0
2021 $2,788 $279,600 $0 $0
2020 $2,001 $185,600 $0 $0
2019 $2,001 $185,600 $0 $0
2018 $2,001 $185,600 $0 $0
2017 $2,019 $143,100 $0 $0
2016 $1,759 $0 $0 $0
2015 $1,759 $143,100 $0 $0
2014 $1,737 $143,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3869345

Canopy MLS (Canopy Realtor® Association)

APN: 9648-62-3059-C0424