NOT LISTED FOR SALE

75 Thompson St Unit B Asheville, NC 28803

Oakley Neighborhood

Estimated Value: $314,384 - $402,000

1 Bed
1 Bath
946 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $325,000 $344 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,528/month

20 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Laundry Room
  • Pond
  • Wood Flooring
  • 1-Story Property

About This Home

As of May 2022

Back on the Market! Previous buyers change of heart offers you another opportunity to see this beautiful condo.
https://my.matterport.com/show/?m=qiFvSa1y5bV&brand=0&mls=1&
A beautifully restored historic condo in the heart of Asheville and Biltmore Village. Mica Village sits on the edge of the Swannanoa River Road corridor offering residential condos built in the early 1900s and restored in the 2007. This area became one of the city’s most densely developed industrial nodes during the second and third quarters of the 20th century. Developers preserved many aspects of this building repurposing them in the condos you see today. Mica Village has been deemed eligible for the National Register in the area of industry for its architectural significance. The open floor plan and ample windows allow natural light to flow through out the space. Modern touches combined with history make this condo a rare find in Asheville.

Last Agent to Sell the Property

Chris Smith

Century 21 Connected Brokerage Email: brokerchrissmith@gmail.com License #279674 Listed on: 03/30/2022

Century 21 Connected

Last Buyer's Agent

Melissa Fox

Ivester Jackson Blackstream License #303464

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1916

Lot Details

  • 1

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Property Attached
  • Slab Foundation
  • Metal Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 946 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Parking Garage Space
  • 1 Open Parking Space

Schools

  • Oakley Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Pond
  • Level Lot

Community Details

  • Ipm,Brittany Miller Association, Phone Number (828) 650-6875
  • The Lofts At Mica Village Condos
  • The Lofts At Mica Village Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9648-70-7896-C000B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,431

Year Built

Built in 1916

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1916
  • Restrictions: Historical
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 343.55
  • Attribution Contact: brokerchrissmith@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Open Floorplan, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 946
  • 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, Dryer, Electric Water Heater, Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 946
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Upper
  • Living Area: 946
  • Bedroom Main: 1
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Waterfront Elevation: 1500
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: On Street, Parking Garage, Parking Space(s)

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Pond, Other
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Lofts at Mica Village
  • Association Name: IPM,Brittany Miller
  • Phone: 828-650-6875
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: Brittany@ipmhoa.com

Association/Amenities

  • Association Annual Expense: 4500.00

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: Required

Lot Info

  • Lot Features: Flood Plain/Bottom Land, Level
  • Lot Size Units: Acres
  • Parcel Number: 9648-70-7896-C000B
  • Plat Book Slide: 0088
  • Plat Reference Section Pages: 0065
  • Land Included Yn: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM8

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Oakley
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 17, 2022
Sold by
Smith David D
Bought by
Prevost Gary and Carlone Serafina
Seller's Agent
Chris Smith
Century 21 Connected
Buyer's Agent
Melissa Fox
Ivester Jackson Blackstream
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$357,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,846
Avg. Annual Appreciation
3.29%
Original Mortgage
$243,750
Outstanding Balance
$233,291
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$127,792

Purchase Details

Closed on
Aug 10, 2007
Sold by
Mica Village Llc
Bought by
Smith David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Prevost Gary $325,000 None Listed On Document
Smith David D $241,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prevost Gary $243,750
Previous Owner Smith David D $190,100
Previous Owner Smith David D $192,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $325,000 0.0% $344 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $325,000 0.0% $344 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $325,000 -- $344 / 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 $2,431 $262,300 $0 $262,300
2022 $2,337 $262,300 $0 $0
2021 $2,337 $262,300 $0 $0
2020 $2,186 $228,200 $0 $0
2019 $2,186 $228,200 $0 $0
2018 $2,186 $228,200 $0 $0
2017 $2,209 $181,800 $0 $0
2016 $1,962 $0 $0 $0
2015 $1,962 $181,800 $0 $0
2014 $1,934 $181,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3841876

Canopy MLS (Canopy Realtor® Association)

APN: 9648-70-7896-C000B