NOT LISTED FOR SALE

Estimated Value: $304,000 - $376,000

3 Beds
3 Baths
1,471 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $365,000 $248 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,900/month

49 Days on Market

Highlights

  • Solar Power System
  • Porch
  • Shed
  • Deck
  • Laundry Room
  • Tile Flooring

About This Home

As of May 2024

**Back on market at no fault of the house or sellers, buyer got cold feet** Updated bungalow with additional income producing unit! Located just minutes from West Asheville and Downtown, this home features an 8.4kW solar array that offsets nearly all electric expenses, new HVAC, new flooring, and newer appliances. The main floor has two bedrooms, two baths, and a spacious laundry room for storage. The lower unit has its own separate entrance and features one bedroom, one bath, an open floor plan, and huge laundry and pantry area. Outside you'll find a low maintenance fenced yard for your furry friends, and a shed for storage. This is a great opportunity for an investor, an ideal situation for someone looking to lower their monthly mortgage expense through either a long or short term rental-one of the units was previously used as a successful airbnb homestay-or for easy multigenerational living.

Last Agent to Sell the Property

Jason Morgan

Morgan + Marley Real Estate Advisors Brokerage Email: brokerjasonmorgan@gmail.com License #283305 Listed on: 12/15/2023

Last Buyer's Agent

Kyle Parks

EXP Realty LLC License #309427

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • Back Yard Fenced
  • Property is zoned RM8

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Basement

  • Apartment Living Space in Basement
  • Crawl Space

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Johnston/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 962826149000000

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1931
  • Second Living Quarters: Exterior Not Connected
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 248.13
  • Geocode Confidence: High
  • Attribution Contact: brokerjasonmorgan@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 804
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 165
  • Sq Ft Unheated Total: 165
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 804
  • Has Basement: Apartment
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 667
  • Living Area: 1471
  • Bedroom Main: 2
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Waterfront Features: None
  • Construction Type: Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 962826149000000
  • Plat Reference Section Pages: 0004/0115
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM8

Green Features

  • Green Sustainability: Photovoltaic - Solar Power

MLS Schools

  • Elementary School: Johnston/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
May 2, 2024
Sold by
Roberts Eric and Roman Elke
Bought by
Owolabi Mark
Seller's Agent
Jason Morgan
Morgan + Marley Real Estate Advisors
Buyer's Agent
Kyle Parks
EXP Realty LLC
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Views
192
Current Estimated Value
$331,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,464
Avg. Annual Appreciation
-5.04%
Original Mortgage
$328,500
Outstanding Balance
$323,814
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$7,722

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 22, 2017
Sold by
Caudill Marcus and Caudill Kara
Bought by
Robert Eric and Roman Elke
Seller's Agent
Angela Harrell-O'Brien
NextHome AVL Realty
Buyer's Agent
Jason Morgan
Morgan + Marley Real Estate Advisors
List Price
$179,000
Sold Price
$179,500
Premium/Discount to List
$500
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$174,115
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2010
Sold by
Rector Jason
Bought by
Caudill Marcus and Caudill Ashleigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2004
Sold by
Rector Jason P and Rector Hollie M
Bought by
Rector Jason

Purchase Details

Closed on
Apr 23, 2001
Sold by
Hensley Sammie and Shaft Edith
Bought by
Rector Jason P and Rector Hollie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,350
Interest Rate
5.75%
Source: Public Records

Range of Values:

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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
Owolabi Mark $365,000 None Listed On Document
Robert Eric $179,500 None Available
Caudill Marcus $117,000 None Available
Rector Jason -- --
Rector Jason P $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owolabi Mark $328,500
Previous Owner Robert Eric $174,115
Previous Owner Caudill Marcus $93,600
Previous Owner Rector Jason P $46,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Sold $365,000 -5.2% $248 / Sq Ft
01/04/2024 01/04/24 For Sale $385,000 +114.5% $262 / Sq Ft
08/23/2017 08/23/17 Sold $179,500 +0.3% $102 / Sq Ft View Prior Sale
07/09/2017 07/09/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $179,000 -- $101 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,097 $226,200 $50,400 $175,800
2023 $2,097 $226,200 $50,400 $175,800
2022 $2,015 $226,200 $0 $0
2021 $2,015 $226,200 $0 $0
2020 $1,614 $168,500 $0 $0
2019 $1,614 $168,500 $0 $0
2018 $1,614 $168,500 $0 $0
2017 $0 $138,400 $0 $0
2016 $1,493 $138,400 $0 $0
2015 $1,493 $138,400 $0 $0
2014 $1,473 $138,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4094440

Canopy MLS (Canopy Realtor® Association)

APN: 9628-26-1490-00000

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