NOT LISTED FOR SALE

573 Merrimon Ave Asheville, NC 28804

Grove Park Neighborhood

Estimated Value: $1,204,083

-- Bed
4 Baths
5,886 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 573 Merrimon Ave, Asheville, NC 28804 and is currently estimated at $1,204,083, approximately $204 per square foot. 573 Merrimon Ave is a home located in Buncombe County with nearby schools including Ira B Jones Elementary, Isaac Dickson Elementary, and Hall Fletcher Elementary.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Vitesse Entrprises Llc
Bought by
Magee Timothy N
Current Estimated Value
$1,204,083

Purchase Details

Closed on
Sep 15, 1998
Sold by
Banks William Douglas and Banks Gina B
Bought by
Vitesse Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1998
Sold by
Sprinkle Roger D and Sprinkle Carolyn R
Bought by
Banks William Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Magee Timothy N $1,200,000 None Listed On Document
Magee Timothy N $1,200,000 None Listed On Document
Vitesse Enterprises Llc -- --
Banks William Douglas $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vitesse Enterprises Llc $425,000
Previous Owner Banks William Douglas $400,000
Source: Public Records

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 $8,061 $800,300 $407,300 $393,000
2022 $7,981 $800,300 $0 $0
2021 $7,981 $800,300 $0 $0
2020 $7,496 $695,400 $0 $0
2019 $7,496 $695,400 $0 $0
2018 $7,496 $695,400 $0 $0
2017 $7,565 $663,800 $0 $0
2016 $8,158 $663,800 $0 $0
2015 $8,158 $663,800 $0 $0
2014 $7,923 $652,600 $0 $0
Source: Public Records

Map

North Carolina Buncombe County Asheville 28804 Grove Park

573 Merrimon Ave, Asheville, NC

This home is located at 573 Merrimon Ave, Asheville, NC 28804 and is currently estimated at $1,204,083, approximately $204 per square foot. 573 Merrimon Ave is a home located in Buncombe County with nearby schools including Ira B Jones Elementary, Isaac Dickson Elementary, and Hall Fletcher Elementary.

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