NOT LISTED FOR SALE

Estimated Value: $325,000 - $444,000

2 Beds
3 Baths
1,317 Sq Ft
$291/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $250,000 $190 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,201/month

22 Days on Market

Highlights

  • Wooded Lot
  • Screened Porch
  • Laundry Room
  • West Buncombe Elementary Rated A-
  • Attached Garage
  • Front Green Space

About This Home

As of September 2022

INVESTORS ALERT! Incredible potential awaits in this 1-story home with basement on 1.39 acres. This fantastic level lot can be subdivided and has cleared land on one side for a potentially simple subdivision and/or other possible building options. The main level has 2 bedrooms, 2 full baths, and an attached 2-car garage. There is a 2nd 2-car garage in the basement level along with a 2nd living quarters w/kitchen in a studio apartment fashion. The 3rd full bath is included in the 2nd living quarters, all of which is unheated, although there is a wood-burning fireplace within the 2nd living quarters. New water heater in 2022. Property is on well with city water available through Woodfin Water District. This is a remarkable investment opportunity in great location less than 20 mins to downtown Asheville. SOLD AS IS.

Last Agent to Sell the Property

Matt Tavener

Keller Williams Professionals License #231978 Listed on: 09/01/2022

Keller Williams Professionals

Co-Listed By

Ashley Payne

Keller Williams Professionals License #249869

Last Buyer's Agent

Gwenn Frederick

Homespun Investment Realty Inc License #308946

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • Front Green Space
  • Level Lot
  • Wooded Lot
  • Property is zoned OU, OU

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Basement Garage
  • Workshop in Garage
  • Driveway
  • 1 to 5 Parking Spaces

Schools

  • West Buncombe/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9720-27-6493-00000

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Ratio Current Price By Acre: 179856.12
  • Restrictions: No Representation
  • Road Surface Type: Circular
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 189.83
  • Special Features: 4116

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Garage Shop, Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1317
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1889
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 147
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2036
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Front,Screened
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Bonus Room, Living Room, Wood Burning, Wood Burning Stove
  • Living Area: 1317
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 610
  • Parking Features: Attached Garage, Basement, Driveway, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Baseboard, None, Wood Stove
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Level, Wooded
  • Lot Size Area: 1.39
  • Lot Size Units: Acres
  • Parcel Number: 9720-27-6493-00000
  • Zoning Description: OU
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.51022

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: West Buncombe/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Sep 20, 2022
Sold by
Petty Farmer Lynn
Bought by
Boundless Properties Llc
Seller's Agent
Matt Tavener
Keller Williams Professionals
Buyer's Agent
Gwenn Frederick
Homespun Investment Realty Inc
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%
Views
47
Current Estimated Value
$383,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,673
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
Nov 21, 2018
Sold by
Petty Earnest Darrell and Petty Ernest D
Bought by
Petty Earnest Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
4.69%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 19, 2017
Sold by
Ponder Everette and Petty Ernest D
Bought by
Petty Ernest D
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
Boundless Properties Llc $250,000 --
Petty Earnest Darrell -- Fnc Title Services Llc
Petty Ernest D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boundless Properties Llc $285,700
Closed Boundless Properties Llc $175,000
Previous Owner Petty Earnest Darrell $333,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $250,000 -23.1% $190 / Sq Ft
09/01/2022 09/01/22 For Sale $325,000 -- $247 / 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
2024 -- $196,300 $45,400 $150,900
2023 $1,332 $210,500 $47,500 $163,000
2022 $1,341 $215,200 $0 $0
2021 $1,341 $215,200 $0 $0
2020 $1,244 $186,000 $0 $0
2019 $1,244 $186,000 $0 $0
2018 $1,226 $186,000 $0 $0
2017 $1,226 $177,100 $0 $0
2016 $1,282 $177,100 $0 $0
2015 $1,282 $177,100 $0 $0
2014 $1,247 $177,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3898550

Canopy MLS (Canopy Realtor® Association)

APN: 9720-27-7317-00000