55 Lookout Dr Asheville, NC 28804
Grace NeighborhoodEstimated payment $2,340/month
Total Views
4,645
3
Beds
2
Baths
1,532
Sq Ft
$245
Price per Sq Ft
Highlights
- Very Popular Property
- Deck
- Wrap Around Porch
- Asheville High Rated A-
- Wood Flooring
- Laundry Room
About This Home
Bona fide potential for value-add investors or buyers seeking rental income. The home features two levels with separate entrances—each with its own kitchen and bath—making it ideal for a duplex-style setup, house-hack, or full renovation into a single-family home.
Some needed repairs were identified upon inspection, and the pricing reflects that. This isn't a cosmetic refresh—it’s a solid project in a location where upside justifies the effort. Report and quotes available.
Highlights include ample off-street parking, a deep lot, and close proximity to UNCA, groceries, and restaurants. Opportunities like this in 28804 are rare—bring your vision and unlock its potential.
Listing Agent
NextHome Partners Brokerage Email: avlmichelle828@gmail.com License #296858 Listed on: 06/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,157
Year Built
- Built in 1961
Home Design
- Duplex
- Asbestos
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Apartment Living Space in Basement
- Basement Storage
Parking
- Driveway
- On-Street Parking
Outdoor Features
- Deck
- Wrap Around Porch
Schools
- Asheville Middle School
- Asheville High School
Additional Features
- Laundry Room
- Sloped Lot
- Electric Water Heater
Community Details
- Larchmont Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 9740-30-0726-00000
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $3,157 | $305,600 | $172,400 | $133,200 |
| 2022 | $3,047 | $305,600 | $0 | $0 |
| 2021 | $3,047 | $305,600 | $0 | $0 |
| 2020 | $3,177 | $294,700 | $0 | $0 |
| 2019 | $3,177 | $294,700 | $0 | $0 |
| 2018 | $3,177 | $294,700 | $0 | $0 |
| 2017 | $3,206 | $151,600 | $0 | $0 |
| 2016 | $1,863 | $151,600 | $0 | $0 |
| 2015 | $1,863 | $151,600 | $0 | $0 |
| 2014 | $1,840 | $151,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $375,000 | -6.0% | $245 / Sq Ft |
| 06/23/2025 06/23/25 | For Sale | $399,000 | -- | $260 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $264,000 | New Conventional | |
| Previous Owner | $130,400 | New Conventional | |
| Previous Owner | $144,800 | Fannie Mae Freddie Mac | |
| Previous Owner | $76,000 | Unknown | |
| Previous Owner | $72,000 | Unknown |
Source: Public Records
Similar Homes in the area
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4274159
APN: 9740-30-0726-00000
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