NOT LISTED FOR SALE
2 Beds
1 Bath
14,310 Sq Ft
114,998 Sq Ft

Last Sold February 11, 2019

Last sale price $1,600,000 $112 Per Sq Ft

49 Days on Market

About This Home

As of February 2019

Heated area is approximate gross exterior, taken from county tax card. Four quadplex buildings on ±2.6 acres. Each 2-story / 4 units per building. 2 bed & 1 bath units. Ample parking. Tremendous upside opportunity. Existing monthly rents average only $817, approximately 25% below market. All leases are month-to-month by design, providing buyer with opportunity to unlock upside potential immediately. Call listing office to schedule showings. 24-hour notice required. LA to accompany.

Last Agent to Sell the Property

Jeremy Goldstein

G/M Property Group License #175675 Listed on: 11/14/2018

Co-Listed By

John Menkes

G/M Property Group License #194446

Last Buyer's Agent

John Menkes

G/M Property Group License #194446

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 2.64

Home Design

  • A-Frame Home
  • Slab Foundation

Additional Features

  • 1 Full Bathroom
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for cable, electric heat, electricity
  • Rent includes exterior maintenance, garbage pick-up, sewer, snow removal, water
  • Assessor Parcel Number 9750-68-3475-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

2.64 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: A-Frame
  • Ratio Close Price By List Price: 0.86533
  • Ratio Close Price By Original Li: 0.86533
  • Ratio Current Price By Acre: 604686.32
  • Ratio Current Price By Sq Ft: 111.81
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Equipment: Cooktop Electric
  • Laundry Location: Common Facility, Utility Room
  • Total Sq Ft: 14310

Exterior Features

  • Construction Type: Site Built

Garage/Parking

  • Parking: Carport - 4+ Car, Lot

Utilities

  • Heating: Electric Baseboard Heat, Radiant Heat
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 9750-68-3475-00000
  • Zoning Specification: BDM

Rental Info

  • Rent Includes: Exterior Maintenance, Garbage Pick-up, Sewer, Snow Removal, Water
  • Tenant Pays: Cable, Electric Heat, Electricity

Tax Info

  • Tax Value: 996200.00
  • Tax Location: Buncombe

Multi Family

  • Number Of Units Total: 16
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $1,600,000 -13.5% $112 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
11/14/2018 11/14/18 For Sale $1,849,000 -- $129 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $1,348,000 $95,600 $1,252,400
2024 -- $1,348,000 $95,600 $1,252,400
2023 $10,176 $1,348,000 $95,600 $1,252,400
2022 $10,041 $1,348,000 $0 $0
2021 $10,041 $1,348,000 $0 $0
2020 $7,960 $996,200 $0 $0
2019 $7,960 $996,200 $0 $0
2018 $7,960 $996,200 $0 $0
2017 $8,059 $800,300 $0 $0
2016 $7,075 $800,300 $0 $0
2015 $7,075 $800,300 $0 $0
2014 $7,075 $800,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3452486

Canopy MLS (Canopy Realtor® Association)
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