NOT LISTED FOR SALE

49 Elkwood Ave Asheville, NC 28804

Estimated Value: $266,000 - $348,000

2 Beds
1 Bath
767 Sq Ft
$398/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $270,000 $352 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,781/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Shed
  • Wood Flooring
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2023

SHOWINGS START FRIDAY! Totally adorbs cottage ready to make your own! Situated on level lot, this affordable Woodfin home offers a light-filled eat-in kitchen, period details, and built-in storage in the primary bedroom. Home is in move in condition with a brand new roof! HVAC replaced in 2014 with recent maintenance. Updated windows. Enjoy relaxing on the covered front porch or gardening in the sunny backyard. Wonderfully convenient location less then 3 miles to down Downtown Asheville and close to shopping, Zillicoah Beer Co, the Botanical Gardens, and UNCA. A rare find under $300!!

Last Agent to Sell the Property

CarrieWelles Craven

Mosaic Community Lifestyle Realty License #200832 Listed on: 07/21/2023

Last Buyer's Agent

Mary Liske

Looking Glass Realty AVL LLC License #324944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1925

Lot Details

  • Property is zoned CWO- R7

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 767 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 973071566900000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1925
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 352.02
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Linoleum, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 767
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Water Heater, Gas Range, Refrigerator
  • Above Grade Finished Sq Ft: 767
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 767
  • Bedroom Main: 2
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Elevation: 1500
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Porch, Rear Porch

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Bathroom
  • Cooling: 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 Area: 0.14
  • Lot Size Units: Acres
  • Parcel Number: 973071566900000
  • Plat Book Slide: 198
  • Plat Reference Section Pages: 186
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CWO- R7

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 10, 2023
Sold by
Christopher Rich Trust
Bought by
Manchin Crystal M and Manchin Mark A
Seller's Agent
CarrieWelles Craven
Mosaic Community Lifestyle Realty
Buyer's Agent
Mary Liske
Looking Glass Realty AVL LLC
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Views
66
Current Estimated Value
$305,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,465
Avg. Annual Appreciation
6.33%
Original Mortgage
$216,000
Outstanding Balance
$211,289
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$94,176

Purchase Details

Closed on
Jul 26, 2011
Sold by
Rich Christopher
Bought by
Rich Christopher and Christopher Rich Trust

Purchase Details

Closed on
Jul 2, 2008
Sold by
Wells Linda C
Bought by
Rich Christopher

Purchase Details

Closed on
Dec 12, 2003
Sold by
Tipton Gwendolyn C
Bought by
Wells Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,940
Interest Rate
5.97%
Mortgage Type
FHA
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
Manchin Crystal M $270,000 None Listed On Document
Rich Christopher -- None Available
Rich Christopher $95,000 None Available
Wells Linda C $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manchin Crystal M $216,000
Previous Owner Wells Linda C $61,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $270,000 +8.0% $352 / Sq Ft
07/21/2023 07/21/23 For Sale $250,000 -- $326 / 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 $1,400 $142,500 $48,900 $93,600
2023 $1,400 $140,000 $48,900 $91,100
2022 $1,293 $140,000 $0 $0
2021 $1,293 $140,000 $0 $0
2020 $1,042 $108,700 $0 $0
2019 $1,042 $108,700 $0 $0
2018 $988 $108,700 $0 $0
2017 $999 $69,300 $0 $0
2016 $699 $69,300 $0 $0
2015 $699 $69,300 $0 $0
2014 $699 $69,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4049426

Canopy MLS (Canopy Realtor® Association)

APN: 9730-71-5669-00000