NOT LISTED FOR SALE

501 Fairview Rd Unit 3 Asheville, NC 28803

Oakley Neighborhood

Estimated Value: $423,000 - $653,000

3 Beds
2 Baths
2,020 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $205,000 $101 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,915/month

43 Days on Market

About This Home

As of March 2018

Cottage near Biltmore Village in the lovely Oakley Community. Property has rental and sub rental history. Great investment property or first time buyer potential. Property can be sold with 499 Fairview Road (MLS ) at discount for multiple rental units.

Last Agent to Sell the Property

Mike Anderson

Keller Williams Professionals License #286087 Listed on: 01/28/2018

Keller Williams Professionals

Last Buyer's Agent

Alexandra Schrank

RE/MAX Executive License #284025

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 9,583

Parking

  • Shared Driveway

Home Design

  • Cottage

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 965729354700000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.87234
  • Ratio Close Price By Original Li: 0.87234
  • Ratio Current Price By Acre: 931818.18
  • Ratio Current Price By Sq Ft: 101.49
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Exhaust Hood, Refrigerator
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cable Available, Vaulted Ceiling
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 655
  • Main Level Sq Ft: 1365
  • Total Sq Ft: 2020

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Shared
  • Parking: Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Oakley
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 78x97
  • Lot Features: Paved Frontage, Sloping
  • Lot Size Area: 0.220
  • Parcel Number: 965729354700000
  • Plat Book Slide: 170/82
  • Plat Reference Section Pages: 0091
  • Zoning Specification: rs8

Tax Info

  • Tax Value: 365000.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Global 1 Endeavors Llc
Bought by
Asheville Real Estate Group Ll
Current Estimated Value
$502,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$254,242
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$232,558

Purchase Details

Listed on
Jan 28, 2018
Closed on
Mar 20, 2018
Sold by
Bailey Stephen T
Bought by
Global 1 Endeavors Llc
Seller's Agent
Mike Anderson
Keller Williams Professionals
Buyer's Agent
Alexandra Schrank
RE/MAX Executive
List Price
$235,000
Sold Price
$205,000
Premium/Discount to List
-$30,000
-12.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Asheville Real Estate Group Ll -- None Listed On Document
Global 1 Endeavors Llc $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asheville Real Estate Group Ll $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2018 03/21/18 Sold $205,000 -12.8% $101 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
01/28/2018 01/28/18 For Sale $235,000 -- $116 / 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
2023 $2,120 $228,700 $70,400 $158,300
2022 $2,038 $228,700 $0 $0
2021 $2,038 $228,700 $0 $0
2020 $1,669 $174,200 $0 $0
2019 $1,669 $174,200 $0 $0
2018 $1,596 $166,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Anderson

    Keller Williams Professionals

    Section Image
  • Alexandra Schrank

    Buyer's Agent in 2018

    Alexandra Schrank

    RE/MAX Executives Charlotte, NC

    (828) 782-1957

    7 in this area

    189 Total Sales

    Alexandra Schrank
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3354968

Canopy MLS (Canopy Realtor® Association)

APN: 9657-29-3547-00000

North Carolina Buncombe County Asheville 28803 Oakley

501 Fairview Rd Unit 3, Asheville, NC

This home is located at 501 Fairview Rd Unit 3, Asheville, NC 28803 since 28 January 2018 and is currently estimated at $502,490, approximately $248 per square foot. This property was built in 1955. 501 Fairview Rd Unit 3 is a home located in Buncombe County with nearby schools including A.C. Reynolds High School, Oakley Elementary, and A.C. Reynolds Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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