NOT LISTED FOR SALE

505 Abbey Cir Unit E5 Asheville, NC 28805

East Asheville Neighborhood

Estimated Value: $215,251 - $225,000

2 Beds
2 Baths
988 Sq Ft
33.66 Acre Lot

Sale Details

Date Sold: January 6, 2025

Last sale price $215,000 $218 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,552 / mo

59 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Screened Porch
  • Haw Creek Elementary Rated A-
  • End Unit
  • Community Pool

About This Home

As of January 2025

Rare opportunity to own an end unit ground level condo in a desirable location at an affordable price! The gated Cloisters community sits just above the Asheville Municipal Golf Course and includes a club house, outdoor pool, and tennis courts. Located minutes from downtown Asheville, the WNC Nature Center, Blue Ridge Parkway, and tons of shops, restaurants, healthcare, and more. Easy one level entry from your parking spots directly in front of the unit. New carpet just installed throughout. Make the kitchen and bathrooms updated to your liking and this home will be good as new! Impeccably clean and well maintained - take advantage of this rare opportunity to buy at an affordable price in a prime location and move right in! No dogs allowed in this community.

Last Agent to Sell the Property

Abby Holmes

Keller Williams Professionals Brokerage Email: abbyholmes@kw.com License #328347 Listed on: 09/19/2024

Keller Williams Professionals

Last Buyer's Agent

Rika Taylor

Mosaic Community Lifestyle Realty License #310372

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • 33.66

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • No Interior Steps
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 9658-73-5582-C00E5

Community Details

Overview

  • Baldwin Real Estate Association, Phone Number (828) 684-3400
  • Cloisters Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

33.66 Acres

HOA Fees

$232 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1988
  • Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 217.61
  • Geocode Confidence: High
  • Attribution Contact: abbyholmes@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Linoleum
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 988
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Freezer, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 988
  • Accessibility Features: No Interior Steps
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Living Area: 988
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Tennis Court(s), Other - See Remarks
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Enclosed, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Outdoor Pool, Tennis Court(s)
  • Association Fee: 232
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Baldwin Real Estate
  • Phone: 828-684-3400
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: ronnie@baldwinrealestateinc.com

Association/Amenities

  • Association Annual Expense: 2784.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: End Unit
  • Parcel Number: 9658-73-5582-C00E5
  • Zoning: RM6
  • Plat Book Slide: 55/200
  • Land Included Yn: 1
  • Zoning Specification: RM6

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Dec 17, 2024
Sold by
Bought by
Seller's Agent
Abby Holmes
Keller Williams Professionals
Buyer's Agent
Rika Taylor
Mosaic Community Lifestyle Realty
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%
Views
17
Current Estimated Value
$221,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,313
Avg. Annual Appreciation
2.02%
Original Mortgage
$161,250
Outstanding Balance
$159,994
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$61,319

Purchase Details

Closed on
Dec 10, 2008
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$215,000 None Listed On Document
$215,000 None Listed On Document
$121,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $161,250
Closed $161,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $215,000 0.0% $218 / Sq Ft
11/17/2024 11/17/24 Pending -- -- --
10/03/2024 10/03/24 Off Market $215,000 -- --
09/19/2024 09/19/24 For Sale $210,000 -- $213 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,498 $161,600 -- $161,600
2024 $1,498 $161,600 -- $161,600
2023 $1,498 $161,600 $0 $161,600
2022 $1,440 $161,600 $0 $0
2021 $1,440 $161,600 $0 $0
2020 $1,059 $110,600 $0 $0
2019 $1,059 $110,600 $0 $0
2018 $1,059 $110,600 $0 $0
2017 $0 $78,100 $0 $0
2016 $843 $0 $0 $0
2015 $843 $78,100 $0 $0
2014 $831 $78,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Abby Holmes

    Seller's Agent in 2025

    Abby Holmes

    Keller Williams Professionals

    (828) 367-7725

    1 in this area

    48 Total Sales

    Abby Holmes
    Section Image

  • R

    Buyer's Agent in 2025

    Rika Taylor

    Mosaic Community Lifestyle Realty

    (352) 359-5899

    3 in this area

    40 Total Sales

    Rika Taylor
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4185048

Canopy MLS

APN: 9658-73-5582-C00E5

North Carolina Buncombe County Asheville 28805 East Asheville

505 Abbey Cir Unit E5, Asheville, NC

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.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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