NOT LISTED FOR SALE

48 Park Ave Asheville, NC 28803

Estimated Value: $523,000 - $569,535

3 Beds
2 Baths
1,986 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $379,000 $191 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,174/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Community Pool
  • T.C. Roberson High School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of January 2021

One-level classic on a beautiful, private lot tucked in Park Avenue. Surrounded by green space, there is no other lot like this one in the neighborhood! Vaulted ceilings and grand fireplace welcome you to the great room. Dining area overlooks large, park-like backyard. Sunroom off the breakfast area is cozy and private. Checks all the boxes - gracious main bedroom with sliding doors to the patio, large en-suite bathroom and walk-in closet. Enjoy coffee or cocktails on the patio and listen to the babbling creek in the backyard. Park Avenue boasts a community pool, tennis, clubhouse - AND all utility lines are buried. Convenient to all of South Asheville's restaurants and shopping! Original 2 car garage has a small storage area added in one of the parking spaces. Please see floor plan.

Last Agent to Sell the Property

Millie Farmer

Premier Sotheby’s International Realty License #303022 Listed on: 11/25/2020

Premier Sotheby’s International Realty

Last Buyer's Agent

Nick Hinton

The Hinton Realty Group License #284082

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • Home fronts a stream
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Cable TV Available

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 9655-59-0370-00000

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.99737
  • Ratio Close Price By Original Li: 0.99737
  • Ratio Current Price By Acre: 1516000.00
  • Ratio Current Price By Sq Ft: 190.84
  • Year Built: 1990
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1986
  • Total Sq Ft: 1986

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Tennis Court(s)
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Level, Stream/Creek
  • Parcel Number: 9655-59-0370-00000
  • Zoning Specification: RS8

Tax Info

  • Tax Value: 293400.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Gibson Kathryn Andrews and Gibson David Lawrence
Bought by
David Gibson And Kathryn Andrews Gibson Livin and Gibson
Current Estimated Value
$548,634

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 15, 2021
Sold by
Lassiter Lori A
Bought by
Gibson David Lawrence and Gibson Kathryn Andrews
Seller's Agent
Millie Farmer
Premier Sotheby’s International Realty
Buyer's Agent
Nick Hinton
The Hinton Realty Group
List Price
$380,000
Sold Price
$379,000
Premium/Discount to List
-$1,000
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$303,200
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2015
Sold by
Kemp Katherine L and Kemp Katherine L
Bought by
Lassiter Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1999
Sold by
Kemp Katherine Lee
Bought by
Kemp Katherine L and Kemp Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
David Gibson And Kathryn Andrews Gibson Livin -- None Listed On Document
Gibson David Lawrence $379,000 None Available
Lassiter Lori A $270,000 Boston National Title
Kemp Katherine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson David Lawrence $303,200
Previous Owner Lassiter Lori A $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $379,000 -0.3% $191 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $380,000 -- $191 / 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 $3,421 $369,100 $44,800 $324,300
2024 $3,421 $369,100 $44,800 $324,300
2023 $3,421 $369,100 $44,800 $324,300
2022 $3,289 $369,100 $44,800 $324,300
2021 $2,802 $314,500 $0 $0
2020 $2,810 $293,400 $0 $0
2019 $2,810 $293,400 $0 $0
2018 $2,810 $293,400 $0 $0
2017 $2,840 $222,000 $0 $0
2016 $2,395 $222,000 $0 $0
2015 $2,395 $222,000 $0 $0
2014 $2,362 $222,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3686614

Canopy MLS (Canopy Realtor® Association)

APN: 9655-59-0370-00000