NOT LISTED FOR SALE

Estimated Value: $1,859,952

2 Beds
2.5 Baths
3,665 Sq Ft
2,178 Sq Ft Lot

Last Sold June 15, 2016

Last sale price $875,000 $239 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $10,534/month

25 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Walk-In Closet
  • Asheville High Rated A-
  • Modern Architecture
  • Breakfast Bar

About This Home

As of June 2016

Retail/Residential rebirth in the heart of West Asheville. This building has been meticulously renovated from the ground up. Including a complete structural rebuild, this space has been completely updated while honoring its historical charm through the re-purpose of original components such hardwood floors,trim and tin ceilings tile backsplash in the 2 bedroom almost 2000sft residential loft aboveSee MLS#3154339 for commercial listing.

Last Agent to Sell the Property

Jeff Stewart

Unique: A Real Estate Collective License #264194 Listed on: 03/14/2016

Last Buyer's Agent

Broker Asheville

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1916

Lot Details

  • 2,178

Home Design

  • Loft
  • Modern Architecture
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Wood Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9638-24-0534-00000

Property Details

Home Type

Condominium

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Loft
  • Architectural Style: Modern
  • Ratio Close Price By List Price: 0.98425
  • Ratio Close Price By Original Li: 1.02953
  • Ratio Current Price By Acre: 17500000.00
  • Ratio Current Price By Sq Ft: 238.74
  • Unit Floor Level: 2
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Upper Level Sq Ft: 1840
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Upper
  • Equipment: Disposal, Dishwasher, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Exhaust Hood, Self Cleaning Oven, Gas Oven
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1825
  • Total Sq Ft: 3665

Exterior Features

  • Construction: Brick Full, Concrete Block
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: On-Street Parking

Utilities

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

Lot Info

  • Land Included Yn: Yes
  • Parcel Number: 9638-24-0534-00000
  • Plat Book Slide: 0002/0110
  • Zoning: Residential
  • Zoning Specification: CBD

Tax Info

  • Tax Value: 222900.00
  • Tax Amount Ncm: 2835.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 15, 2016
Sold by
Oceanal Jacqueline A
Bought by
West Karma Llc
Seller's Agent
Jeff Stewart
Unique: A Real Estate Collective
Buyer's Agent
Broker Asheville
List Price
$849,900
Sold Price
$875,000
Premium/Discount to List
$25,100
2.95%
Current Estimated Value
$1,859,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$984,952
Avg. Annual Appreciation
8.37%
Original Mortgage
$700,000
Outstanding Balance
$557,847
Interest Rate
3.61%
Mortgage Type
Commercial
Estimated Equity
$1,302,105

Purchase Details

Closed on
Sep 10, 2013
Sold by
Mccarson Mary Lucille and Mccarson Mary B
Bought by
Oceanak Jacqueline A
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
West Karma Llc $875,000 None Available
Oceanak Jacqueline A $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Karma Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $875,000 +3.0% $239 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $849,900 -- $232 / 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 $8,774 $849,300 $47,900 $801,400
2024 $8,774 $849,300 $47,900 $801,400
2023 $8,774 $849,300 $47,900 $801,400
2022 $8,469 $849,300 $47,900 $801,400
2021 $8,469 $849,300 $0 $0
2020 $7,539 $699,400 $0 $0
2019 $7,539 $699,400 $0 $0
2018 $7,539 $699,400 $0 $0
2017 $7,609 $357,100 $0 $0
2016 $4,389 $357,100 $0 $0
2015 $2,739 $222,900 $0 $0
2014 $2,706 $222,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3155850

Canopy MLS (Canopy Realtor® Association)

APN: 9638-24-0534-00000