NOT LISTED FOR SALE

57 Broadway St Unit A and 101 Asheville, NC 28801

Downtown Asheville Neighborhood

Estimated Value: $1,138,000 - $1,402,000

2 Beds
2 Baths
2,188 Sq Ft
$429/mo HOA Fee

Last Sold July 29, 2024

Last sale price $1,295,000 $592 Per Sq Ft

Current estimated payment $8,029/month

47 Days on Market

Highlights

  • City View
  • Open Floorplan
  • Covered Patio or Porch
  • Asheville High Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of July 2024

Rare industrial-style loft condo in the heart of downtown Asheville! Soaring ceilings, exposed brick, industrial-architectural door features, salvage stained glass kitchen features, and more!

This condo is the epitome of “living large on the town” with over 2500 square feet of indoor/outdoor living space and an additional 1300+ square foot garage/storage space! Walk to coffee, restaurants, galleries, pubs, theater and more - all on the same street.

Last Agent to Sell the Property

Rebecca Andrews

The Overman Group Inc Brokerage Email: Rebecca@theovermangroup.com License #338548 Listed on: 05/01/2024

Co-Listed By

Shaunna Overman

Howard Hanna Beverly-Hanks Asheville-Downtown Brokerage Email: Rebecca@theovermangroup.com License #277559

Last Buyer's Agent

Trip Howell

Mosaic Community Lifestyle Realty License #284262

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,022

Year Built

  • Built in 1928

Lot Details

  • 436

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Basement Garage

Home Design

  • Loft
  • Entry on the 2nd floor
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Skylights
  • Wood Flooring
  • City Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Basement Storage

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Isara Drummond Association, Phone Number (828) 335-1231
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9649411109C000A

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,022

Year Built

Built in 1928

Lot Details

0

HOA Fees

$429 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 1
  • Restrictions Description: See condo association papers
  • Special Assessment Description: New roof assessment happening. Fees double in 2025 to build a reserve. Isara stated "The condo fees had not been increased since the beginning of the association and the board voted unanimously to double the fees until we have built up sufficient reserve.
  • Road Surface Type: None, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 591.86
  • Property Sub Type Additional: Loft
  • Geocode Confidence: High
  • Attribution Contact: Rebecca@theovermangroup.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Entry Level: 2
  • Flooring: Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1012
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1320
  • Sq Ft Unheated Main: 208
  • Sq Ft Unheated Total: 1702
  • Sq Ft Unheated Upper: 174
  • Sq Ft Upper: 1176
  • Appliances: Dishwasher, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Above Grade Finished Sq Ft: 2188
  • Has Basement: Basement Garage Door, Storage Space, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 2188
  • Window Features: Skylight(s)
  • Bedroom Main: 0
  • Room Count: 11
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Construction Type: Site Built
  • View: City
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 428.62
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Isara Drummond
  • Phone: 828-335-1231
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: isarad@gmail.com

Association/Amenities

  • Association Annual Expense: 5143.44

Schools

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

Lot Info

  • Lot Size Area: 0.01
  • Lot Size Units: Acres
  • Parcel Number: 9649411109C000A
  • Land Included Yn: 0
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CBD

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 23, 2024
Sold by
Reed Bear and Smith Kevin Lynn
Bought by
Mani Nisha and Toliuszis Paul
Seller's Agent
Rebecca Andrews
The Overman Group Inc
Buyer's Agent
Trip Howell
Mosaic Community Lifestyle Realty
List Price
$1,300,000
Sold Price
$1,295,000
Premium/Discount to List
-$5,000
-0.38%
Views
59
Current Estimated Value
$1,295,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613
Avg. Annual Appreciation
0.04%
Original Mortgage
$766,550
Outstanding Balance
$757,324
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$538,289

Purchase Details

Closed on
Oct 17, 2023
Sold by
Smith Kevin Lynn and Reed Barry Wendell
Bought by
Reed Smith Living Trust and Smith

Purchase Details

Closed on
Dec 2, 2022
Sold by
Reed Aaron D and Reed Michael C
Bought by
Smith Kevin L

Purchase Details

Closed on
Oct 28, 2022
Sold by
Roberston Patricia Elaine and Roberston Edward Curry
Bought by
Reed Aaron D

Purchase Details

Closed on
Jan 3, 2018
Sold by
First Iii Edward C and Robertson Patricia
Bought by
Robertson Patricia

Purchase Details

Closed on
Apr 17, 2012
Sold by
Mahadevn Kabir S and Mahadev Ann Cary
Bought by
First Iii Edward C and Robertsont Patricia
Source: Public Records

Range of Values:

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Average Value
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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
Mani Nisha $1,295,000 None Listed On Document
Reed Smith Living Trust -- None Listed On Document
Reed Smith Living Trust -- None Listed On Document
Smith Kevin L -- --
Reed Aaron D $1,200,000 --
Robertson Patricia -- None Available
First Iii Edward C $555,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mani Nisha $766,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $1,295,000 0.0% $592 / Sq Ft
05/20/2024 05/20/24 Price Changed $1,295,000 -0.4% $592 / Sq Ft
05/03/2024 05/03/24 For Sale $1,300,000 -- $594 / 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
2025 $9,022 $805,000 -- $805,000
2024 $9,022 $805,000 -- $805,000
2023 $9,022 $805,000 $0 $805,000
2022 $8,027 $805,000 $0 $0
2021 $8,027 $805,000 $0 $0
2020 $7,838 $727,200 $0 $0
2019 $7,838 $727,200 $0 $0
2018 $7,838 $727,200 $0 $0
2017 $7,911 $553,900 $0 $0
2016 $6,807 $0 $0 $0
2015 $6,807 $553,900 $0 $0
2014 $6,724 $553,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4135273

Canopy MLS (Canopy Realtor® Association)

APN: 9649-41-1109-C000A