NOT LISTED FOR SALE

8 Village Ln Unit A101 Asheville, NC 28803

Estimated Value: $730,718 - $903,000

2 Beds
2 Baths
2,184 Sq Ft
$460/mo HOA Fee

Last Sold April 16, 2020

Last sale price $585,000 $268 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,421/month

5 Days on Market

Highlights

  • Private Lot
  • T.C. Roberson High School Rated A
  • Wood Flooring

About This Home

As of April 2020

Elegant, private & peaceful condominium in the heart of vibrant Historic Biltmore Village. This landmark building on the National Historic Register was designed by Douglas Ellington and built by George Vanderbilt in 1931 to serve as a hospital for the village. Redeveloped into 11 condominiums in 2005. Huge living room with fireplace, chef's kitchen with granite counters and breakfast bar adjoining the dining area. Spacious master suite with sitting area and large master bath. Walk to fine restaurants, shops & galleries. Currently permitted for use as a vacation rental - buyer or buyer agent to verify if this permit will convey. Off-street parking.

Last Agent to Sell the Property

Janet W

Premier Sotheby’s International Realty License #211257 Listed on: 01/31/2020

Last Buyer's Agent

Byron Greiner

Dwell Realty Group License #215646

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1931

Lot Details

  • 1.92

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • Gravel Driveway

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Community Details

  • Crescent Investors Association

Listing and Financial Details

  • Assessor Parcel Number 9647-79-0174-C101A

Property Details

Home Type

Condominium

Year Built

Built in 1931

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.97663
  • Ratio Close Price By Original Li: 0.97663
  • Ratio Current Price By Sq Ft: 267.86
  • Unit Floor Level: 1
  • Year Built: 1931
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Cooktop Electric, Dishwasher, Microwave, Refrigerator
  • Fireplace Description: Great Room, Natural Gas
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2184
  • Total Sq Ft: 2184

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Lot

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Complex Name: Biltmore Village Condominiums
  • HOA Management Company: Crescent Investors
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Estes/Koontz
  • Middle School: Valley Springs
  • High School: T.C. Roberson

Lot Info

  • Lot Features: Private
  • Parcel Number: 9647-79-0174-C101A
  • Plat Book Slide: 0094/0081
  • Zoning Specification: INS

Tax Info

  • Tax Value: 471800.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 16, 2020
Sold by
Bvc Llc
Bought by
Mathison Mary and Mathison David
Seller's Agent
Janet W
Premier Sotheby’s International Realty
Buyer's Agent
Byron Greiner
Dwell Realty Group
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Current Estimated Value
$827,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,430
Avg. Annual Appreciation
6.67%
Original Mortgage
$438,750
Outstanding Balance
$376,399
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$451,031

Purchase Details

Closed on
Oct 3, 2019
Sold by
Trefzger Charles E and Jones David S
Bought by
Bvc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,413
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2009
Sold by
Crescent Investors Of Asheville Llc
Bought by
Trefzger Charles E and Jones David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
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
Mathison Mary $585,000 None Available
Bvc Llc -- None Available
Trefzger Charles E $1,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathison Mary $438,750
Previous Owner Bvc Llc $1,560,413
Previous Owner Trefzger Charles E $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2020 04/16/20 Sold $585,000 -2.3% $268 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $599,000 -- $274 / 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 $5,420 $584,700 -- $584,700
2023 $5,420 $584,700 $0 $584,700
2022 $979 $109,900 $0 $109,900
2021 $5,188 $582,300 $0 $0
2020 $4,519 $471,800 $0 $0
2019 $4,519 $471,800 $0 $0
2018 $4,519 $471,800 $0 $0
2017 $4,064 $329,800 $0 $0
2016 $3,559 $0 $0 $0
2015 $3,559 $329,800 $0 $0
2014 $3,509 $329,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3584342

Canopy MLS (Canopy Realtor® Association)

APN: 9647-79-0174-C101A