NOT LISTED FOR SALE

Estimated Value: $674,000 - $814,000

2 Beds
2 Baths
1,277 Sq Ft
$600/mo HOA Fee

Last Sold September 28, 2023

Last sale price $685,000 $536 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,906/month

31 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Deck
  • Asheville High Rated A-
  • Open Floorplan
  • 3-minute walk to Pritchard Park

About This Home

As of September 2023

Perfectly positioned overlooking Haywood St, this light-filled chic condo offers an excellent opportunity in the historic JC Penney's Building! This modern/industrial renovation features a split bedroom plan w/ 2 primary bedrooms each with a full bath and walk-in closets. The open floor plan boasts 12-ft ceilings, gas log fireplace, built ins, enormous windows, dining area, and beautiful wood plank flooring. The fully-updated kitchen features an open concept, wood and stone counters, iron shelving accents, updated appliances, and creative storage for an urban condo. Enjoy the fresh air on the deck off the back bedroom. The building features a rooftop terrace that showcases stunning city & layered mountain views! Storage units are available for rent. This building has historic status reduces property taxes! The outstanding location offers easy access to the exceptional dining, shopping, art, recreation, entertainment, and living opportunities that Downtown Asheville has to offer.

Last Agent to Sell the Property

Reese Morgani

Keller Williams Professionals Brokerage Email: morganilife@gmail.com License #232402 Listed on: 07/27/2023

Keller Williams Professionals

Co-Listed By

Collin O'Berry

Keller Williams Professionals Brokerage Email: morganilife@gmail.com License #274582

Last Buyer's Agent

Steph Caldwell

Mosaic Community Lifestyle Realty License #289187

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1925

Lot Details

  • 8,189

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Basement Garage
  • Rear-Facing Garage

Property Views

  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Rubber Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,277 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Workshop
  • Basement Storage

Outdoor Features

  • Balcony
  • Deck
  • Side Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9649-30-4764-C0301

Community Details

Overview

  • Tessier Assoc/Ruben Gonzalez Association, Phone Number (828) 398-5279
  • High-Rise Condominium
  • Old Pennys Bldg. Condominiums
  • Old Pennys Bldg. Condominiums Subdivision
  • Mandatory home owners association

Amenities

  • Rooftop Deck
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,149

Year Built

Built in 1925

Lot Details

0

HOA Fees

$600 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Restrictions: Use
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Pets - Conditional 2 pets
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 536.41
  • Property Sub Type Additional: High-Rise
  • Geocode Confidence: High
  • Attribution Contact: morganilife@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Entry Level: 3
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Elevator, Entrance Foyer, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1277
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1277
  • Has Basement: Basement Garage Door, Basement Shop, Exterior Entry, Storage Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1277
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 5

Exterior Features

  • Exterior Features: Elevator, Rooftop Terrace, Storage, Other - See Remarks
  • New Construction: No
  • Roof: Flat, Rubber
  • Construction Type: Site Built
  • View: City, Long Range, Mountain(s), Year Round
  • Waterfront Elevation: 2000
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony, Deck, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage, Garage Faces Rear, Parking Garage, Other - See Remarks
  • Assigned Spaces: 0

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Gas, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Elevator, Rooftop Terrace
  • Association Fee: 600
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Old Pennys Bldg. Condominiums
  • Senior Community: No
  • Association Name: Tessier Assoc/Ruben Gonzalez
  • Phone: 828-398-5279
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 7200.00

Schools

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

Lot Info

  • Lot Features: Views
  • Parcel Number: 9649-30-4764-C0301
  • Zoning: CBD
  • Plat Book Slide: 77
  • Plat Reference Section Pages: 165
  • Land Included Yn: 0
  • Zoning Specification: CBD

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 20, 2023
Sold by
Ramm Crystal Moody
Bought by
Kent Ann E and Pina Barbara J
Seller's Agent
Reese Morgani
Keller Williams Professionals
Buyer's Agent
Steph Caldwell
Mosaic Community Lifestyle Realty
List Price
$725,000
Sold Price
$685,000
Premium/Discount to List
-$40,000
-5.52%
Views
235
Current Estimated Value
$743,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,658
Avg. Annual Appreciation
4.40%
Original Mortgage
$479,500
Outstanding Balance
$470,018
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$273,640

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jul 28, 2016
Sold by
Debenedetto Christine M
Bought by
Ramm James Daniel and Ramm Crystal Moody
Seller's Agent
Heidi DuBose
Unique: A Real Estate Collective
Buyer's Agent
Amy Spivey
Ivester Jackson Blackstream
List Price
$525,000
Sold Price
$499,900
Premium/Discount to List
-$25,100
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$399,920
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2000
Sold by
Public Interest Projects Inc
Bought by
Dibenedetto Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,041
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage
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
Kent Ann E $685,000 None Listed On Document
Ramm James Daniel $500,000 None Available
Dibenedetto Christine M $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent Ann E $479,500
Previous Owner Ramm James Daniel $399,920
Previous Owner Dibenedetto Christine M $90,000
Previous Owner Dibenedetto Christine M $20,000
Previous Owner Dibenedetto Christine M $140,041
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $685,000 -5.5% $536 / Sq Ft
07/27/2023 07/27/23 For Sale $725,000 +45.0% $568 / Sq Ft
07/28/2016 07/28/16 Sold $499,900 -4.8% $405 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $525,000 -- $425 / 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 $3,149 $561,900 -- $561,900
2023 $3,149 $561,900 $0 $561,900
2022 $2,802 $561,900 $0 $0
2021 $2,802 $561,900 $0 $0
2020 $2,740 $508,400 $0 $0
2019 $2,740 $508,400 $0 $0
2018 $2,740 $508,400 $0 $0
2017 $2,765 $356,800 $0 $0
2016 $2,193 $0 $0 $0
2015 $2,193 $356,800 $0 $0
2014 $2,166 $356,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4052990

Canopy MLS (Canopy Realtor® Association)

APN: 9649-30-4764-C0301