5 Arbutus Rd Asheville, NC 28805
East Asheville NeighborhoodEstimated payment $2,511/month
Total Views
2,926
--
Bed
--
Bath
1,108
Sq Ft
$388
Price per Sq Ft
Highlights
- Deck
- Wood Flooring
- Covered patio or porch
- Charles C Bell Elementary Rated A-
- Cottage
- Balcony
About This Home
Turn-key income-producing opportunity! Absolutely charming East Asheville cottage with a separate lower-level apartment, both are being sold fully equipped and furnished. Rent both or live in one and rent the other. Each unit has its own private entrance, parking, deck and outdoor space. Upper-level two bedroom unit is spacious with vaulted ceilings and beautiful original wood flooring. A light- filled living area offers easy access to the deck and yard. The well-equipped kitchen provides plenty of cabinet storage and workspace. The larger of the two bedrooms has a private outdoor balcony. Laundry closet with stacked washer and dryer. Lower-level guest apartment is also fully furnished and includes a living room, full kitchen, bonus/bedroom (no egress), and full-size washer and dryer. Super convenient East Asheville location close to tons of shopping, the Blue Ridge Parkway, Nature Center, VA hospital and minutes to vibrant downtown Asheville. Duplicate Residential Listing MLS 4270691
Listing Agent
Mosaic Community Lifestyle Realty Brokerage Email: carol@mymosaicrealty.com License #242121 Listed on: 07/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,557
Year Built
- Built in 1945
Lot Details
- Partially Fenced Property
- Privacy Fence
Home Design
- Duplex
- Cottage
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,108 Sq Ft Home
- Ceiling Fan
- Living Room
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- <<microwave>>
- Dishwasher
Flooring
- Wood
- Tile
- Vinyl
Finished Basement
- Exterior Basement Entry
- Apartment Living Space in Basement
Parking
- 2 Parking Spaces
- Carport
- Driveway
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
Schools
- Charles C Bell Elementary School
- Ac Reynolds Middle School
- Ac Reynolds High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Electric Water Heater
Community Details
- Arbutus Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 9668-16-4385-00000
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $1,557 | $168,000 | $32,200 | $135,800 |
| 2022 | $1,497 | $168,000 | $0 | $0 |
| 2021 | $1,497 | $168,000 | $0 | $0 |
| 2020 | $1,598 | $166,800 | $0 | $0 |
| 2019 | $1,598 | $166,800 | $0 | $0 |
| 2018 | $1,598 | $166,800 | $0 | $0 |
| 2017 | $1,614 | $128,300 | $0 | $0 |
| 2016 | $1,384 | $128,300 | $0 | $0 |
| 2015 | $1,384 | $128,300 | $0 | $0 |
| 2014 | $1,365 | $128,300 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $429,900 | -2.3% | $388 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $439,999 | -- | $397 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $30,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $75,000 | New Conventional |
Source: Public Records
Similar Homes in Asheville, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4280642
APN: 9668-16-4385-00000
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