NOT LISTED FOR SALE

8 Village Ln Unit A200 Asheville, NC 28803

Estimated Value: $797,463 - $882,000

2 Beds
2 Baths
2,443 Sq Ft
$859/mo HOA Fee

Last Sold December 21, 2020

Last sale price $580,000 $237 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,912/month

279 Days on Market

Highlights

  • Terrace
  • Level Lot
  • Gas Log Fireplace
  • T.C. Roberson High School Rated A

About This Home

As of December 2020

Rare short term vacation rental permit available for transfer to the lucky buyer of this unit. 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.Redeveloped into 11 condominiums in 2005. Huge living room with fireplace, chef's kitchen with granite counters and breakfast bar. Spacious master suite with sitting area and large master bath. Walk to fine restaurants, shops & galleries. Off-street parking. The 4-story "A" Building has a very large elevator for easy access to all floors. Complex has a spacious outdoor patio for all owners to enjoy. Would make an excellent private residence, 2nd home or vacation rental.

Last Agent to Sell the Property

Janet W

Premier Sotheby’s International Realty License #211257 Listed on: 02/01/2020

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

  • $859 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Stone Siding

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Laminate Flooring

Outdoor Features

  • Terrace

Community Details

  • Crescent Investors Association

Listing and Financial Details

  • Assessor Parcel Number 9647-79-0174-C200A

Property Details

Home Type

Condominium

Year Built

Built in 1931

Lot Details

0

HOA Fees

$859 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.88012
  • Ratio Close Price By Original Li: 0.88012
  • Ratio Current Price By Sq Ft: 237.41
  • Unit Floor Level: 2
  • Year Built: 1931
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Microwave, Natural Gas, Refrigerator, Washer
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2443
  • Total Sq Ft: 2443

Exterior Features

  • Construction: Brick Full, Stone
  • Construction Type: Site Built
  • Exterior Features: Terrace

Garage/Parking

  • Driveway: Gravel
  • Parking: Lot

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 859.00
  • 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: Cul-de-sac Lot, Level
  • Parcel Number: 9647-79-0174-C200A
  • Plat Book Slide: 0094
  • Plat Reference Section Pages: 0081
  • Zoning Specification: INS

Tax Info

  • Tax Value: 464700.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Dec 18, 2020
Sold by
Hob I Llc
Bought by
Campden Street Llc
Seller's Agent
Janet W
Premier Sotheby’s International Realty
Buyer's Agent
Byron Greiner
Dwell Realty Group
List Price
$659,000
Sold Price
$580,000
Premium/Discount to List
-$79,000
-11.99%
Current Estimated Value
$843,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,866
Avg. Annual Appreciation
8.34%
Original Mortgage
$377,000
Outstanding Balance
$336,415
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$507,451

Purchase Details

Listed on
Feb 1, 2020
Closed on
Dec 10, 2020
Sold by
Jones David S and Jones Patricia W
Bought by
Hob I Llc
Seller's Agent
Janet W
Premier Sotheby’s International Realty
Buyer's Agent
Byron Greiner
Dwell Realty Group
List Price
$659,000
Sold Price
$580,000
Premium/Discount to List
-$79,000
-11.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Outstanding Balance
$336,415
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$507,451

Purchase Details

Closed on
Sep 5, 2008
Sold by
Schwartz Richard H and Rusu Alina Claudia
Bought by
Jones David S and Jones Patricia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2005
Sold by
Bcd Holdings Of Asheville Llc
Bought by
Schwartz Richard H

Purchase Details

Closed on
Mar 9, 2005
Sold by
Crescent Investors Of Asheville Llc
Bought by
Bcd Holdings Of Asheville Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.6%
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
Campden Street Llc $580,000 None Available
Hob I Llc $485,000 None Available
Jones David S $485,000 None Available
Schwartz Richard H $595,000 --
Bcd Holdings Of Asheville Llc $825,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campden Street Llc $377,000
Previous Owner Jones David S $388,000
Previous Owner Bcd Holdings Of Asheville Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $580,000 -12.0% $237 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $659,000 +13.6% $270 / Sq Ft
04/08/2020 04/08/20 Off Market $580,000 -- --
02/10/2020 02/10/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $659,000 -- $270 / 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 $5,464 $573,500 -- $573,500
2023 $5,464 $573,500 $0 $573,500
2022 $5,110 $573,500 $0 $573,500
2021 $659 $573,500 $0 $0
2020 $4,451 $464,700 $0 $0
2019 $4,451 $464,700 $0 $0
2018 $4,451 $464,700 $0 $0
2017 $0 $324,700 $0 $0
2016 $3,504 $0 $0 $0
2015 $3,504 $324,700 $0 $0
2014 $3,455 $324,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3584402

Canopy MLS (Canopy Realtor® Association)

APN: 9647-79-0174-C200A