NOT LISTED FOR SALE

70 Merchant St Unit 12 Asheville, NC 28803

Oakley Neighborhood

Estimated Value: $491,000 - $530,000

3 Beds
2 Baths
1,769 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $295,000 $167 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,009/month

4 Days on Market

Highlights

  • Open Floorplan
  • Walk-In Closet
  • Wood Burning Fireplace
  • Wood Flooring
  • Kitchen Island

About This Home

As of June 2018

3/2 with hardwoods throughout, great room that is the kitchen/dining with a vaulted ceiling and rock fireplace. Kitchen has stainless appliances and modern cabinet/shelving for additional storage. Master bedroom has a walk in closet & on suite with double sinks and access to the private back deck. 2 additional bedrooms share the full hall bath. Laundry has its own room - all on 1 level. This home is located in the convenient Oakley neighborhood with easy access to shopping, I40, I240 and Biltmore.

Last Agent to Sell the Property

Sona Merlin

Appalachian Realty Associates License #207737 Listed on: 05/21/2018

Last Buyer's Agent

Caroline Kalpinski

Premier Sotheby’s International Realty License #278684

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.26

Home Design

  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 9657-48-2429-00000
  • Tax Block 0038

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1134615.38
  • Ratio Current Price By Sq Ft: 166.76
  • Year Built: 2000
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Range, Exhaust Fan, Microwave, Electric Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1769
  • Total Sq Ft: 1769

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Oakley
  • Middle School: AC Reynolds
  • High School: AC Reynolds

Lot Info

  • Lot Size Area: 0.260
  • Parcel Number: 9657-48-2429-00000
  • Plat Book Slide: 0021
  • Plat Reference Section Pages: 0239
  • Zoning Specification: RS8

Tax Info

  • Tax Value: 237900.00
  • Tax Block: 0038
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jun 28, 2018
Sold by
Mayer Gregory Scott
Bought by
Chavis Mary
Seller's Agent
Sona Merlin
Appalachian Realty Associates
Buyer's Agent
Caroline Kalpinski
Premier Sotheby’s International Realty
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$506,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,949
Avg. Annual Appreciation
7.26%
Original Mortgage
$145,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 25, 2014
Sold by
Mayer Gregory Scott and Mayer Jennifer
Bought by
Mayer Gregory Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007
Sold by
Mayer Gregory Scott and Mayer Jennifer
Bought by
Mayer Gregory Scott and Mayer Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2004
Sold by
Letterman Davis Jamie Norman and Letterman Hamlet Carol
Bought by
Mayer Gregory Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 1998
Sold by
Jones Sara H
Bought by
Beckroge John H
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
Chavis Mary $295,000 None Available
Mayer Gregory Scott -- None Available
Mayer Gregory Scott -- None Available
Mayer Gregory Scott $180,000 Title Agency Of Mid South Ll
Beckroge John H $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavis Mary $100,000
Closed Chavis Mary $145,000
Previous Owner Mayer Gregory Scott $193,000
Previous Owner Mayer Gregory $200,000
Previous Owner Mayer Gregory Scott $47,000
Previous Owner Mayer Gregory S $168,000
Previous Owner Mayer Gregory Scott $161,910
Previous Owner Beckroge John H $158,200
Previous Owner Beckroge John H $25,000
Previous Owner Beckroge John H $130,000
Previous Owner Beckroge John H $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $295,000 0.0% $167 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $295,000 -- $167 / 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 $2,803 $302,400 $72,100 $230,300
2022 $2,694 $302,400 $0 $0
2021 $2,694 $302,400 $0 $0
2020 $2,279 $237,900 $0 $0
2019 $2,279 $237,900 $0 $0
2018 $2,279 $237,900 $0 $0
2017 $2,303 $189,000 $0 $0
2016 $2,039 $189,000 $0 $0
2015 $2,039 $189,000 $0 $0
2014 $2,011 $189,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3394093

Canopy MLS (Canopy Realtor® Association)

APN: 9657-48-2429-00000