$725,000
$49K PRICE DROP

Estimated payment $4,956/month

Total Views 16,981
2 Beds
2 Baths
1,152 Sq Ft
$629 Price per Sq Ft

Highlights

  • Rooftop Deck
  • City View
  • Terrace
  • Asheville High Rated A-
  • Wood Flooring
  • 3-minute walk to Pritchard Park

About This Home

BRIGHT SOUTH-FACING DOWNTOWN ASHEVILLE CONDO! LISTED $49,000 UNDER NEW APPRAISAL!
Enjoy vibrant city living in this beautifully appointed 2-bedroom, 2-bathroom condo in the heart of downtown Asheville. Located in the historic Old Penney's Building, this south-facing unit features soaring ceilings, gorgeous old wood floors, and abundant natural light throughout. Step outside to your own private balcony or head up to the shared rooftop terrace for panoramic city and mountain views. With a prime location just steps from Asheville's top restaurants, coffee, shops and galleries, this condo offers the perfect blend of charm, comfort, and convenience!
Priced to sell according to recent independent Appraisal.
Property gets a Historic Tax reduction of 50% off the property assessment real estate tax! Price includes a year of paid parking in Asheville City garage.

Listing Agent

Valeria Carrizo Wyda

Nest Realty Asheville Brokerage Email: valeria@ashevillehomerealty.com License #245116 Listed on: 05/10/2025

Nest Realty Asheville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1925

HOA Fees

  • $857 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof
  • Four Sided Brick Exterior Elevation
  • Stucco

Interior Spaces

  • 1,152 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • On-Street Parking
  • Parking Garage Space

Outdoor Features

  • Balcony
  • Terrace

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 9649-30-4764-C0405

Community Details

Overview

  • Tessier Association
  • Mid-Rise Condominium
  • Old Pennys Bldg. Condominiums Subdivision
  • Mandatory home owners association

Amenities

  • Rooftop Deck
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,014

Year Built

Built in 1925

Lot Details

0

HOA Fees

$857 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Restrictions: Historical,Other - See Remarks
  • Restrictions Description: recorded CCR's in building
  • Road Surface Type: None, Paved
  • Unit Levels: Four
  • Ratio CurrentPrice/TotalPropertyHLA: 629.34
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Attribution Contact: valeria@ashevillehomerealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Entry Level: 4
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1152
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Above Grade Finished Sq Ft: 1152
  • Accessibility Features: Elevator
  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Living Area: 1152
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • Exterior Features: Elevator, Rooftop Terrace
  • New Construction: No
  • Roof: Flat, Tar/Gravel, Other - See Remarks
  • Construction Type: Site Built
  • View: City, Mountain(s), Year Round
  • Construction Type: Brick Full, Hard Stucco
  • Patio And Porch Features: Balcony, Terrace, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street, Parking Deck, Parking Garage, Other - See Remarks, None

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Inside, Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Elevator, Rooftop Terrace
  • Association Fee: 857
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Tessier

Association/Amenities

  • Association Annual Expense: 10284.00

Schools

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

Lot Info

  • Lot Features: Views
  • Parcel Number: 9649-30-4764-C0405
  • Zoning: CBD
  • Plat Book Slide: 77/165
  • Plat Reference Section Pages: 77/165
  • Land Included Yn: 0
  • Additional Parcels: No
  • Zoning Specification: CBD

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $3,014 $537,800 $0 $537,800
2022 $2,681 $537,800 $0 $0
2021 $2,681 $537,800 $0 $0
2020 $2,655 $492,600 $0 $0
2019 $2,655 $492,600 $0 $0
2018 $2,655 $492,600 $0 $0
2017 $2,680 $359,500 $0 $0
2016 $2,209 $0 $0 $0
2015 $2,209 $359,500 $0 $0
2014 $2,182 $359,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $725,000 -3.3% $629 / Sq Ft
07/16/2025 07/16/25 Price Changed $750,000 -3.1% $651 / Sq Ft
05/10/2025 05/10/25 For Sale $774,000 -- $672 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 --
Warranty Deed $191,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Open $218,000 New Conventional
Closed $25,000 Credit Line Revolving
Closed $265,500 Purchase Money Mortgage
Previous Owner $50,669 Unknown
Previous Owner $175,009 Unknown
Previous Owner $171,000 Purchase Money Mortgage
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4243145

Canopy MLS (Canopy Realtor® Association)

APN: 9649-30-4764-C0405