NOT LISTED FOR SALE

Estimated Value: $453,000 - $533,893

5 Beds
3 Baths
1,685 Sq Ft
$298/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $400,000 $237 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,906/month

142 Days on Market

Highlights

  • 0.75 Acre Lot
  • No HOA
  • Separate Entry Quarters
  • Ranch Style House
  • Laundry Room
  • Four Sided Brick Exterior Elevation

About This Home

As of February 2023

This property is an ideal purchase for savvy investor(s) utilizing 100% bonus depreciation for 2022. This brick ranch multi-unit is situated on large lot in the Oakley neighborhood. The primary unit is accessed at street level with natural light flooding the common areas for entertaining, remote work, and semi-open concept living.

The second living quarters boasts a large storage area. The den is cozy and in close proximity to the kitchen and deck (great for small gatherings).
AS-IS, seller will make no repairs.
This property is ready for an investor who needs to acquire one more asset in 2022 that can be placed in service after updates and repairs to maximize highest and best use.

Sellers have never lived in the property.

This lot has the potential to be subdivided (check with city planning office).

Last Agent to Sell the Property

Kimberly Hunter

CENTURY 21 Mountain Lifestyles Brokerage Email: kimmy@c21hialta.com License #307552 Listed on: 07/26/2022

CENTURY 21 Mountain Lifestyles

Co-Listed By

Greg Branson

CENTURY 21 Mountain Lifestyles Brokerage Email: kimmy@c21hialta.com License #132677

Last Buyer's Agent

Jamie Greene

Carolina Mountain Sales License #293409

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.75 Acre Lot
  • Property is zoned RS8

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,685 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Garage
  • Basement Garage
  • Driveway

Additional Homes

  • Separate Entry Quarters

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Linwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9657-28-6780-00000
  • Tax Block I

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1965
  • Second Living Quarters: Exterior Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 135.64
  • Attribution Contact: kimmy@c21hialta.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1685
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Water Heater, Oven
  • Above Grade Finished Sq Ft: 1685
  • Has Basement: Basement, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 1685
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Exclusions: Fireplace insert
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Driveway, Other - See Remarks

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Basement
  • Cooling: Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 9657-28-6780-00000
  • Plat Book Slide: 5
  • Lot Size Acres: 0.75
  • Lot Size: per tax records
  • Lot Size Sq Ft: 32670
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS8

Tax Info

  • Tax Block: I

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Feb 10, 2023
Sold by
Chelmis Ellen R and Chelmis Michael E
Bought by
Asheville Urban Infill 2019 Qualified Opportu
Seller's Agent
Kimberly Hunter
CENTURY 21 Mountain Lifestyles
Buyer's Agent
Jamie Greene
Carolina Mountain Sales
List Price
$419,400
Sold Price
$400,000
Premium/Discount to List
-$19,400
-4.63%
Views
123
Current Estimated Value
$501,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,473
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Jun 12, 2003
Sold by
Goulart Linda Jean
Bought by
Chelmis Michael E and Chelmis Ellen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 1999
Sold by
Tephabock Kevin Ray
Bought by
Goulart Linda Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Asheville Urban Infill 2019 Qualified Opportu $400,000 --
Chelmis Michael E $167,000 --
Goulart Linda Jean $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chelmis Michael E $133,600
Previous Owner Goulart Linda Jean $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $400,000 -4.6% $237 / Sq Ft
07/26/2022 07/26/22 For Sale $419,400 -- $249 / 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 -- $327,200 $66,200 $261,000
2024 -- $327,200 $66,200 $261,000
2023 $3,084 $342,300 $83,400 $258,900
2022 $3,010 $337,800 $0 $0
2021 $3,010 $337,800 $0 $0
2020 $2,469 $257,800 $0 $0
2019 $2,469 $257,800 $0 $0
2018 $2,469 $257,800 $0 $0
2017 $2,495 $208,400 $0 $0
2016 $2,249 $208,400 $0 $0
2015 $2,249 $208,400 $0 $0
2014 $2,217 $208,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3888378

Canopy MLS (Canopy Realtor® Association)

APN: 9657-28-6745-00000