NOT LISTED FOR SALE

8 Village Ln Unit A201 Asheville, NC 28803

Estimated Value: $745,000 - $863,000

2 Beds
2 Baths
2,029 Sq Ft
$749/mo HOA Fee

Last Sold December 21, 2020

Last sale price $555,000 $274 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,542/month

279 Days on Market

Highlights

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

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 like Corner Kitchen & FIG, shops & art galleries. Off-street parking. This 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

  • $749 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Stone Siding

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Laminate Flooring

Utilities

  • Cable TV Available

Community Details

  • Crescent Investors Association

Listing and Financial Details

  • Assessor Parcel Number 9647-79-0174-C201A

Property Details

Home Type

Condominium

Year Built

Built in 1931

Lot Details

0

HOA Fees

$749 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.92654
  • Ratio Close Price By Original Li: 0.92654
  • Ratio Current Price By Sq Ft: 273.53
  • 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: Dryer, Electric Oven, Natural Gas, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Great Room
  • Flooring: Carpet, Laminate Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2029
  • Total Sq Ft: 2029

Exterior Features

  • Construction: Brick Full, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Lot

Utilities

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

Condo/Co-op/Association

  • Association Fee: 749.00
  • 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-C201A
  • Plat Book Slide: 0094
  • Plat Reference Section Pages: 0081
  • Zoning Specification: INS

Tax Info

  • Tax Value: 457100.00
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Dec 7, 2020
Sold by
Bvc 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
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%
Current Estimated Value
$797,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,398
Avg. Annual Appreciation
8.05%
Original Mortgage
$360,750
Outstanding Balance
$321,914
Interest Rate
2.7%
Mortgage Type
Unknown
Estimated Equity
$475,484

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
Future Advance Clause Open End 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
Campden Street Llc $555,000 None Available
Campden Street Llc $1,110 None Listed On Document
Bvc Llc -- None Available
Trefzger Charles E $1,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campden Street Llc $360,750
Closed Campden Street Llc $360,750
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
12/21/2020 12/21/20 Sold $555,000 -7.3% $274 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $599,000 +7.9% $295 / Sq Ft
04/08/2020 04/08/20 Off Market $555,000 -- --
04/08/2020 04/08/20 For Sale $599,000 0.0% $295 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $599,000 -- $295 / 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 $5,377 $564,100 -- $564,100
2023 $5,377 $564,100 $0 $564,100
2022 $5,026 $564,100 $0 $564,100
2021 $5,026 $564,100 $0 $0
2020 $4,379 $457,100 $0 $0
2019 $4,379 $457,100 $0 $0
2018 $4,379 $457,100 $0 $0
2017 $4,424 $319,200 $0 $0
2016 $3,444 $0 $0 $0
2015 $3,444 $319,200 $0 $0
2014 $3,396 $319,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3584379

Canopy MLS (Canopy Realtor® Association)

APN: 9647-79-0174-C201A