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1 American Way

1 American Way, Asheville, NC 28806
Property in Buncombe
Sold Sep 09, 2022
$280,000
$200,000 by State Employees Credit Union
Mortgage Due Oct 01, 2052
1 American Way in Asheville, NC was first built in 1962 and is 62 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1 American Way has 924 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 16,117 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 31, 2022 for $280,000. That's $303.03 per sqft. 1 American Way was last assessed in 2022. The total value of the property was assessed at $169,600. Specifically, the land the property is located on was valued at $53,300. While improvements on the property were assessed at a total of $116,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,511. The initial tax year of delinquency was in 2021. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 924
  • Gross Building Area: 924
  • Building Area: 924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAROLD REA
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: HAROLD REA LOT: PT 4 & 5 PLAT: 0028-0038

Ownership

  • Current Owner : BROWNING MARIAN T
  • Current Owner 2: BROWNING JAMIE A
  • Previous Owner : FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: CAS
  • Census Tract: 001300

Zoning

  • Zoning: RM6

Geography

  • Assessors Map Reference: 9628-68
  • Account Number: 725910-2020-202
  • District: 6
  • Parcel: 9628-68-0376-00000
  • Lot: 4-5
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.5877
  • Longitude: -82.613

    Address

  • Full Address: 1 American Way
  • Address - House Number: 1
  • Address - Street Name: American
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Asheville
  • Carrier Code: C010
  • 4-Digit Zip Code: 1802
  • Zip Code: 28806

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,511
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 291,752
  • High Value: 357,808
  • Low Value: 225,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 09, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $169,600
  • Market Land Value: $53,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $169,600
  • Assessed Land Value: $53,300
  • Assessed Improvements Value: $116,300

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Transaction ID: 11895707066
  • Current Sale Price: $280,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Mortgage Transaction Date: Sep 09, 2022
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Asheville



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Nearby Rentals

Unit for rent at 73 Rotunda Circle, Asheville, NC, 28806

$2,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,010 ft²
73 Rotunda Circle, Asheville, NC, 28806 Listing by Don Rongstad

Frequently Asked Questions

What neighborhood is 1 American Way located in?
The 1 American Way is a located in the neighborhood of Buncombe in Asheville, Asheville.
What is the average sales price for listings in 1 American Way?
The average sales price for units in 1 American Way is $0 currently.

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