NOT LISTED FOR SALE

Estimated Value: $837,000 - $962,544

3 Beds
2 Baths
2,307 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $940,000 $407 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,307/month

201 Days on Market

Highlights

  • City View
  • Arts and Crafts Architecture
  • Fireplace
  • Asheville High Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of July 2024

LIVE AND WORK!!Two fully restored rental units in the heart of West Asheville's Business District. This 1925 Prairie-Style brick home offers a high-end renovation, featuring two spacious units. The upstairs unit boasts 2 bedrooms, 1 bath, a mountain-view deck, and a generous living room. The main floor unit includes 1 bedroom, 1 bath, a chef's kitchen, mudroom, and a covered porch. Off-street parking available. High-end appliances and select furniture included. Zoned for versatile mixed-use, from restaurants to business offices. Ideal for short-term rentals within city limits.

Last Agent to Sell the Property

LeNoir Medlock

Preferred Properties Brokerage Email: lenoirm@preferredprop.com License #191063 Listed on: 08/16/2023

Last Buyer's Agent

Christopher Battista

Howard Hanna Beverly-Hanks License #230367

Howard Hanna Beverly-Hanks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,760

Year Built

  • Built in 1925

Lot Details

  • Front Green Space
  • Level Lot

Parking

  • Driveway

Property Views

  • City
  • Mountain

Home Design

  • Duplex
  • Arts and Crafts Architecture
  • Permanent Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,307 Sq Ft Home
  • Property has 2 Levels
  • Fireplace
  • Basement
  • Exterior Basement Entry

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • West Asheville Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 9638-05-5643-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,760

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Arts and Crafts
  • Year Built: 1925
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: lenoirm@preferredprop.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Permanent
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Owner Pays: All Utilities
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2307
  • Building Stories: 2

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Construction Type: Site Built
  • View: City, Long Range, Mountain(s)
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Heat Pump
  • Utilities: Cable Available, Cable Connected, Gas
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Level, Views
  • Lot Size Units: Acres
  • Parcel Number: 9638-05-5643-00000
  • Zoning: HR-3
  • Plat Reference Section Pages: 190-159
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: HR

Rental Info

  • Tenant Pays: None
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Asheville City
  • High School: Asheville

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Jul 3, 2024
Sold by
Reynolds Babette M
Bought by
Blue Skye Group Llc
Seller's Agent
LeNoir Medlock
Preferred Properties
Buyer's Agent
Christopher Battista
Howard Hanna Beverly-Hanks
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%
Views
251
Current Estimated Value
$900,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,819
Avg. Annual Appreciation
-3.23%
Original Mortgage
$705,000
Outstanding Balance
$696,498
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$203,683

Purchase Details

Listed on
Aug 16, 2023
Closed on
Jul 1, 2024
Sold by
Almena Llc
Bought by
Reynolds Babette M
Seller's Agent
LeNoir Medlock
Preferred Properties
Buyer's Agent
Christopher Battista
Howard Hanna Beverly-Hanks
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%
Views
251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$696,498
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$203,683

Purchase Details

Closed on
Sep 20, 2019
Sold by
Sweeney Leslie
Bought by
Almena Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2019
Sold by
Suibhne Llc
Bought by
Sweeney Leslie
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
Blue Skye Group Llc -- None Listed On Document
Reynolds Babette M $940,000 None Listed On Document
Almena Llc $744,000 None Available
Sweeney Leslie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Babette M $705,000
Previous Owner Almena Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $940,000 -5.5% $407 / Sq Ft
08/19/2023 08/19/23 For Sale $995,000 +373.8% $431 / Sq Ft
09/14/2012 09/14/12 Sold $210,000 -50.0% $85 / Sq Ft View Prior Sale
08/15/2012 08/15/12 Pending -- -- --
10/06/2009 10/06/09 For Sale $420,000 -- $170 / 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
2025 $6,760 $712,200 $191,700 $520,500
2024 $6,760 $654,300 $191,700 $462,600
2023 $6,760 $654,300 $191,700 $462,600
2022 $6,525 $654,300 $0 $0
2021 $6,525 $654,300 $0 $0
2020 $5,594 $519,000 $0 $0
2019 $3,792 $351,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4042895

Canopy MLS (Canopy Realtor® Association)

APN: 9638-05-5643-00000