NOT LISTED FOR SALE

Estimated Value: $309,000 - $477,000

3 Beds
2 Baths
1,360 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $285,000 $210 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,483/month

18 Days on Market

Highlights

  • Community Cabanas
  • Open Floorplan
  • Cathedral Ceiling
  • Asheville High Rated A-
  • Deck
  • Walk-In Pantry

About This Home

As of May 2022

Coveted Laurelwood in walkable West Asheville. Convenient location to the Best of AVL. Bright updated kitchen, large pantry, and large open floor plan. Newer wood floors. Tons of storage. Bright sliding doors off 2 bedrooms. Real wood burning fireplace. 3rd floor can be office, nursery, storage, yoga room, etc. Carport area has an area that many have converted into a nice shop. Quiet green area off back deck. HOA is painting all units and this will be next units painted, complete by end of May. Wonderful swimming pool and community. Annual community rummage sale, and picnics. Best value in West Asheville. Private and pet friendly neighborhood with large trail around entire community. Rarely is there a unit for sale. No Investors, as there is a rental cap of 5 units, that has been met.

Last Agent to Sell the Property

John Fisher

CENTURY 21 Mountain Lifestyles License #260091 Listed on: 04/19/2022

CENTURY 21 Mountain Lifestyles

Last Buyer's Agent

Julie Tallman

EXP Realty LLC License #293544

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1974

Lot Details

  • Front Green Space

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Basement

Kitchen

  • Walk-In Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Separate Outdoor Workshop
  • Front Porch

Schools

  • Asheville City Elementary School
  • Asheville Middle School
  • Asheville High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9638-11-3041-00000

Community Details

Overview

  • Baldwin Association
  • Laurelwood Condos
  • Laurelwood Subdivision
  • Mandatory home owners association

Recreation

  • Community Cabanas
  • Community Pool
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,961

Year Built

Built in 1974

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1974
  • Ratio Current Price By Acre: 7125000.00
  • Restrictions: Architectural Review,Other - See Media/Remarks
  • Doors and Windows: Insulated Windows,Screen Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: Asphalt
  • Structure Type: Two and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Partially Finished, Block
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Basement Shop, Cathedral Ceiling(s), Open Floorplan, Vaulted Ceiling, Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 600
  • Third Level Sq Ft: 140
  • 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: 620
  • Porch: Back,Deck,Front,Side
  • Appliances: Cable Prewire, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Vented, Living Room, Gas, Wood Burning
  • Living Area: 1360
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: In Ground Pool, Storage, Underground Power Lines, Workshop
  • New Construction: No
  • Roof: Metal
  • Tax Location: Asheville
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car, Parking Space - 4+

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Utility Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Street Lights, Walking Trails
  • Association Fee: 340
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Laurelwood
  • Association Name: Baldwin
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: Required

Lot Info

  • Lot Features: Green Area, Level, Winter View
  • Lot Size Units: Acres
  • Parcel Number: 9638-11-3041-00000
  • Land Included Yn: 1
  • Zoning Description: RM8

Rental Info

  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 1.44889

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 12, 2022
Sold by
Schwartz David F and Schwartz Ambyr
Bought by
Derusso John and Derusso Sterling
Seller's Agent
John Fisher
CENTURY 21 Mountain Lifestyles
Buyer's Agent
Julie Tallman
EXP Realty LLC
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Current Estimated Value
$378,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,433
Avg. Annual Appreciation
8.59%
Original Mortgage
$273,267
Outstanding Balance
$259,008
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$119,425

Purchase Details

Closed on
Nov 14, 2018
Sold by
Schwartz Peter E
Bought by
Schwartz David F

Purchase Details

Listed on
Feb 20, 2014
Closed on
Feb 14, 2014
Sold by
Sarasohn Lisa J
Bought by
Schwartz David F and Schwartz Peter E
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Doug Sherry
Preferred Properties
List Price
$153,900
Sold Price
$145,500
Premium/Discount to List
-$8,400
-5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$49,500
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Taylor Jean V
Bought by
Sarasohn Lisa J

Purchase Details

Closed on
Dec 18, 2003
Sold by
Clouse Carol A
Bought by
Taylor Jean V
Source: Public Records

Range of Values:

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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
Derusso John $285,000 Phillip C Price Law Firm Pllc
Schwartz David F -- None Available
Schwartz David F $145,500 None Available
Sarasohn Lisa J $154,500 None Available
Taylor Jean V $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derusso John $273,267
Previous Owner Schwartz David F $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $285,000 +3.6% $210 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $275,000 +89.0% $202 / Sq Ft
02/24/2014 02/24/14 Sold $145,500 -5.5% $107 / Sq Ft View Prior Sale
02/20/2014 02/20/14 For Sale $153,900 -- $113 / 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 $1,961 $189,800 $30,000 $159,800
2024 $1,961 $189,800 $30,000 $159,800
2023 $1,961 $189,800 $30,000 $159,800
2022 $1,893 $189,800 $0 $0
2021 $1,893 $189,800 $0 $0
2020 $1,421 $131,800 $0 $0
2019 $1,421 $131,800 $0 $0
2018 $1,421 $131,800 $0 $0
2017 $1,434 $112,300 $0 $0
2016 $1,380 $112,300 $0 $0
2015 $1,380 $112,300 $0 $0
2014 $1,363 $112,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3850754

Canopy MLS (Canopy Realtor® Association)

APN: 9638-11-3041-00000