See Home Value
$1,104,214*
House - Off Market

1291 Merrimon Avenue

Asheville, NC 28804
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3026 Sqft
$674,000 - $822,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
Sold Aug 07, 2019
$715,000
$572,000 by Branch Banking And Trust Co
Mortgage Due Sep 01, 2034
Sold Jul 13, 2016
$550,000
$150,000 by Asheville Savings Bank Ssb
Mortgage Due Aug 01, 2046

About This Property

Enjoy your own piece of Asheville's enchanting history! Masterfully designed  1920s  Tudor in very popular  & beautiful Lakeview Park community! Live  across from Beaver Lake with views of the glimmering water surrounded by nature and mountains! Entertain in style in this specially updated home with gourmet kitchen , sunroom & flexible living areas graced by fantastic high-ceilings. Get cozy in the huge family room complete with fireplace & tons of natural light overlooking the lake. Character & charm are abundant in all rooms of this outstanding vintage & well preserved home. All inclusive 1 YEAR HOME WARRANTY provided! Superb landscaped areas on large lot to enjoy the natural surroundings. 5 minutes to downtown and yet closer to all amenities. Lake recreation area just across the street with bird sanctuary & walking trails around lake. Spacious basement with ample storage & workshop!A unique home place that is a must see if you are looking for highly desirable North Asheville area.

The manager has listed the unit size as 3026 square feet.
Unit Size
3,026Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$247
Property Type
House
Property Taxes
-
HOA Dues
$16
Year Built
1925

Price History

Date / Event Date Event Price
Aug 7, 2019 Sold to Grady Kristen Shaw, Grady M... $715,000
Sold to Grady Kristen Shaw, Grady M...
May 4, 2019 No longer available -
No longer available
Feb 23, 2019 Listed $748,500
Listed
Feb 16, 2019 No longer available -
No longer available
Jan 4, 2019 Relisted $748,500
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Unsound
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,601
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 5,300
  • Gross Building Area: 5,300
  • Building Area: 3,258
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,258
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW PARK
  • Land Acres: 0.41
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SUBDIV: LAKEVIEW PARK LOT: 104 BLOCK: G PLAT: 0005-0064

Ownership

  • Current Owner : SHAW GRADY MICHAEL
  • Current Owner 2: SHAW GRADY KRISTEN
  • Previous Owner : LANTRIP RICHARD
  • Owner Before Previous Owner: HENSON DAVID F
  • Owner Before Previous Owner 2: HENSON HELEN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Asheville City Schools
  • Census Tract: 001601

Zoning

  • Zoning: RS4

Geography

  • Assessors Map Reference: 9740-05
  • Account Number: 654865-2020-202
  • Parcel: 9740-05-9501-00000
  • Block: G
  • Lot: 104
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.6363
  • Longitude: -82.5652

    Address

  • Full Address: 1291 Merrimon Ave
  • Address - House Number: 1291
  • Address - Street Name: Merrimon
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Asheville
  • Carrier Code: C006
  • 4-Digit Zip Code: 1458
  • Zip Code: 28804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,305
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.4661
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 6
  • Final Value: 457,450
  • High Value: 670,687
  • Low Value: 244,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $572,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 07, 2019
  • First Open Lien Mortgage Loan Amount: $572,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2034

    Market Valuation

  • Market Total Value: $732,500
  • Market Land Value: $139,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $732,500
  • Assessed Land Value: $139,600
  • Assessed Improvements Value: $592,900

    Sales

  • Current Sale Contract Date: Aug 01, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Transaction ID: 11633619003
  • Current Sale Price: $715,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 13, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Aug 07, 2019
  • First Mortgage Loan Amount: $572,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: ASHEVILLE SAVINGS BANK SSB
  • Previous Mortgage Transaction Date: Jul 13, 2016
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lakeview Park


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 41 Walnut Springs Drive, Asheville, NC, 28804

$1,950 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,460 ft²
41 Walnut Springs Drive #41 Walnut Springs Drive, Asheville, NC, 28804 Listing by Manager


Frequently Asked Questions

When was property at 1291 Merrimon Avenue built and last sold?
The property at 1291 Merrimon Avenue was built in 1925 and last sold on Aug 1, 2019 for $715,000.
How much is this home worth?
The estimated value of the home located at 1291 Merrimon Avenue is $754,591.
What are some comparable homes to 1291 Merrimon Avenue?
There are currently no comparable homes to 1291 Merrimon Avenue.

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