NOT LISTED FOR SALE

Estimated Value: $817,000 - $970,000

2 Beds
2 Baths
1,342 Sq Ft
$189/mo HOA Fee

Last Sold October 22, 2020

Last sale price $692,000 $516 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,595/month

3 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Attached Garage
  • Asheville High Rated A-
  • Outdoor Kitchen
  • 2-minute walk to Triangle Park

About This Home

As of October 2020

SELLER CALLING FOR HIGHEST AND BEST AT 10AM ON MONDAY, SEPTEMBER 7TH!!!
Rare opportunity to own a nearly new condo in highly sought after 55 South Market! Walk to all that vibrant downtown Asheville has to offer from this end unit which features views of both downtown and the mountains from the wrap around balcony as well as from inside. The open concept floor plan features 10' ceilings, abundant natural light, a computer nook, and huge walk-in closet. Other interior highlights include designer lighting, quartz countertops, tile backsplash, stainless appliances, and Nest smart home technology. The secure building includes gated parking, access to a social area, and an outdoor space with fire pit and communal grills. Don't miss your opportunity to own a home in one of the most desirable buildings in town!

Last Agent to Sell the Property

Tammy Todd

NextHome AVL Realty License #291897 Listed on: 09/04/2020

NextHome AVL Realty

Last Buyer's Agent

Scott Mills

Allen Tate/Beverly-Hanks Biltmore Ave License #233630

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2017

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • Open Floorplan
  • Vinyl Plank Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Kitchen
  • Terrace
  • Outdoor Gas Grill

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • 55 S. Market Street HOA, Phone Number (828) 774-6757
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 9648-49-9603-00000

Property Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00435
  • Ratio Close Price By Original Li: 1.00435
  • Ratio Current Price By Sq Ft: 515.65
  • Unit Floor Level: 5
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Flooring: Vinyl Plank
  • H O A Management Phone: 828-774-6757
  • Interior Amenities: Breakfast Bar, Cable Available, Elevator, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1342
  • Total Sq Ft: 1342

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Elevator, In-Ground Gas Grill, Outdoor Kitchen, Terrace, Underground Power Lines, Wired Internet Available

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Attached Garage, Keypad Entry, Parking Garage, Parking Space - 1

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 189.19
  • Association Fee Frequency: Monthly
  • Complex Name: 55 South Market
  • HOA Management Company: 55 S. Market Street HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Asheville City
  • Middle School: Asheville
  • High School: Asheville

Lot Info

  • Lot Features: City View, Year Round View
  • Parcel Number: 9648-49-9603-00000
  • Plat Book Slide: 200/104
  • Plat Reference Section Pages: 200/104
  • Zoning Specification: CBD

Tax Info

  • Tax Value: 435000.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 22, 2020
Sold by
T And J North Carolina Condos Llc
Bought by
Sammarco Corrado Dino and Sammarco Kathleen Dieterman
Seller's Agent
Tammy Todd
NextHome AVL Realty
Buyer's Agent
Scott Mills
Allen Tate/Beverly-Hanks Biltmore Ave
List Price
$689,000
Sold Price
$692,000
Premium/Discount to List
$3,000
0.44%
Current Estimated Value
$926,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,137
Avg. Annual Appreciation
5.45%
Original Mortgage
$510,400
Outstanding Balance
$459,335
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$433,771
Source: Public Records

Range of Values:

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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
Sammarco Corrado Dino $692,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sammarco Corrado Dino $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $692,000 +0.4% $516 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $689,000 +30.7% $513 / Sq Ft
07/26/2019 07/26/19 Sold $527,200 +0.6% $393 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $523,900 -- $390 / 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 $4,323 $613,100 $0 $613,100
2022 $3,057 $613,100 $0 $0
2021 $1,528 $613,100 $0 $0
2020 $469 $435,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3655861

Canopy MLS (Canopy Realtor® Association)

APN: 9648-49-8692-C0302