NOT LISTED FOR SALE

Estimated Value: $347,000 - $468,000

3 Beds
2 Baths
1,382 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $450,000 $326 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,358/month

7 Days on Market

Highlights

  • Spa
  • City View
  • Wooded Lot
  • Asheville High Rated A-
  • Deck
  • Wood Flooring

About This Home

As of August 2024

This updated 1920’s bungalow is a rare opportunity to own a multi-family investment property, located in the center of West Asheville and mere minutes to Downtown Asheville! Whether you're seeking a comfortable starter home or a strong ROI, this charming duplex offers the best of both worlds. The main floor, "Unit A”, features 2 bedrooms, 1 bath, large front porch, rear deck with forest views, full kitchen w/stainless appliances and dedicated Washer/Dryer. The downstairs, “Unit B”, offers a cozy 1 bedroom, 1 bath, full Kitchen w/stainless appliances and a dedicated Washer/Dryer. It also features a private patio, and a covered porch with a Hot Tub (included) overlooking the forest. The neighborhood is known for its vibrant atmosphere and easy walkable access to popular restaurants, trendy shops, and a variety of other amenities. The .27 acre backyard offers a fire pit, multiple mature trees, and ample space for outdoor activities. Under contract, but entertaining backups offers!

Last Agent to Sell the Property

David King

EXP Realty LLC Brokerage Email: david.king@exprealty.com License #283533 Listed on: 06/17/2024

EXP Realty LLC

Last Buyer's Agent

Crystal Presley

Pollinator Properties LLC License #334546

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • Front Green Space
  • Wooded Lot
  • Property is zoned RM8

Parking

  • Driveway

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Insulated Doors
  • City Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement
  • Crawl Space

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Hall Fletcher Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Ductless Heating Or Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9638-55-3247-00000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1926
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 325.62
  • Property Sub Type Additional: Other
  • Geocode Confidence: High
  • Attribution Contact: david.king@exprealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 691
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Microwave, Washer/Dryer
  • Above Grade Finished Sq Ft: 691
  • Has Basement: Apartment, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 691
  • Door Features: Insulated Door(s)
  • Living Area: 1382
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: City
  • Construction Type: Concrete Block
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Ductless
  • Sewer: Public Sewer
  • Laundry Features: In Basement, Laundry Closet, Main Level, Multiple Locations
  • Security: Smoke Detector(s)
  • Cooling: Ductless
  • Utilities: Cable Connected, Phone Connected
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Green Area, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9638-55-3247-00000
  • Zoning: RM8
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM8

MLS Schools

  • Elementary School: Hall Fletcher
  • High School: Asheville

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 29, 2024
Sold by
Care Property Management Llp
Bought by
Gresham Jacob Robert
Seller's Agent
David King
EXP Realty LLC
Buyer's Agent
Crystal Presley
Pollinator Properties LLC
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Views
35
Current Estimated Value
$426,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,722
Avg. Annual Appreciation
-4.21%
Original Mortgage
$315,000
Outstanding Balance
$311,429
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$114,849

Purchase Details

Closed on
Oct 27, 2020
Sold by
King David and King Melissa A
Bought by
Care Property Management Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 22, 2012
Closed on
Jan 31, 2014
Sold by
Trantham Terri C and Trantham Philip G
Bought by
King David and King Melissa A
Seller's Agent
Heather Wheatley
Carolina Home Source LLC
Buyer's Agent
Jody Whitehurst
Town and Mountain Realty
List Price
$109,999
Sold Price
$60,000
Premium/Discount to List
-$49,999
-45.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%

Purchase Details

Closed on
Feb 28, 2012
Sold by
Childers Daniel Ashley
Bought by
Trantham Terry C

Purchase Details

Closed on
Feb 27, 2012
Sold by
Turcot Marguerite and Whiteside Franklin
Bought by
Childers Daniel Ashley and The Estate Of Petty Childers

Purchase Details

Closed on
Dec 4, 2008
Sold by
Skidmore Childers Marjorie
Bought by
Turcot Marguerite and Whiteside Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 18, 2005
Sold by
Childers Daniel Ashley and Childers Tonya Lassiter
Bought by
Childers Marjorie Skidmore

Purchase Details

Closed on
Sep 17, 1997
Sold by
Cunningham James W
Bought by
Childers and Childers
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
Gresham Jacob Robert $450,000 None Listed On Document
Gresham Jacob Robert $450,000 None Listed On Document
Care Property Management Llp -- None Available
Care Property Management Llp -- None Listed On Document
King David $60,000 None Available
Trantham Terry C -- None Available
Childers Daniel Ashley $73,000 None Available
Turcot Marguerite $92,000 None Available
Childers Marjorie Skidmore -- --
Childers $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gresham Jacob Robert $315,000
Closed Gresham Jacob Robert $315,000
Previous Owner Care Property Management Llp $123,000
Previous Owner Turcot Marguerite $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Sold $450,000 +2.5% $326 / Sq Ft
06/17/2024 06/17/24 For Sale $439,000 +631.7% $318 / Sq Ft
01/31/2014 01/31/14 Sold $60,000 -45.5% $80 / Sq Ft View Prior Sale
12/31/2013 12/31/13 Pending -- -- --
02/22/2012 02/22/12 For Sale $109,999 -- $147 / 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 -- $278,100 $108,700 $169,400
2024 -- $278,100 $108,700 $169,400
2023 $1,394 $138,400 $108,700 $29,700
2022 $1,380 $138,400 $108,700 $29,700
2021 $1,380 $138,400 $0 $0
2020 $1,246 $115,600 $0 $0
2019 $1,246 $115,600 $0 $0
2018 $1,246 $115,600 $0 $0
2017 $1,258 $76,800 $0 $0
2016 $944 $76,800 $0 $0
2015 $944 $76,800 $0 $0
2014 $932 $76,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4149649

Canopy MLS (Canopy Realtor® Association)

APN: 9638-55-3247-00000