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16 Colonial Place

16 Colonial Place, Asheville, NC 28804
Property in Grace
Sold Aug 19, 2022
$1,017,000
$367,000 by Bison State Bank
Mortgage Due Sep 01, 2052
Sold Sep 16, 2015
$558,000
$417,000 by Bank Of America Na
Mortgage Due Oct 01, 2045
16 Colonial Place in Asheville, NC was first built in 1925 and is 99 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. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 16 Colonial Place has 2,490 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 17,860 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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. For those who need parking, there is a garage underground or in the basement. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as unsound. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16 Colonial Place sold most recently in Aug 16, 2022 for a total of $1,017,000. If you work out the math, that's approximately a cost of $319.31 per sqft. Before that, the property was also sold for $558,000 in Sep 16, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,470 in taxes each year. 16 Colonial Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $648,800. If we break it down further, the land itself was valued at $52,300. Improvements to the property, however, were assessed at a total of $596,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Unsound
  • Building Quality: A
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 695
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 3,185
  • Gross Building Area: 3,185
  • Building Area: 2,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLONIAL PLACE
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: COLONIAL PLACE BLOCK: LOT: 4 & PT 5 SECTION: PLAT: 0000-0000

Ownership

  • Current Owner : MCDONALD SEAN LAVELLE
  • Current Owner 2: SOLBERT VICTORIA ELIZABETH CH
  • Previous Owner : TINTINGER KENNETH E
  • Previous Owner 2: TINTINGER SUSANNE
  • Owner Before Previous Owner: ROBERTS MARY BRYAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RS8

Geography

  • Assessors Map Reference: 9740-31
  • Account Number: 765115-2020-202
  • District: 9
  • Parcel: 9740-31-6607-00000
  • Lot: 4
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.6258
  • Longitude: -82.5556

    Address

  • Full Address: 16 Colonial Pl
  • Address - House Number: 16
  • Address - Street Name: Colonial
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Asheville
  • Carrier Code: C017
  • 4-Digit Zip Code: 2445
  • Zip Code: 28804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,470
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.2229
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 69
  • Final Value: 1,004,253
  • High Value: 1,228,110
  • Low Value: 780,396

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,000
  • First Open Lien Mortgage Lender: BISON STATE BANK
  • First Open Lien Mortgage Recording Date: Aug 19, 2022
  • First Open Lien Mortgage Loan Amount: $367,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $648,800
  • Market Land Value: $52,300
  • Market Improvement Value: $596,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $648,800
  • Assessed Land Value: $52,300
  • Assessed Improvements Value: $596,500

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Transaction ID: 11894834808
  • Current Sale Price: $1,017,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 16, 2015
  • Previous Sale Contract Date: Sep 16, 2015
  • Previous Sale Amount: $558,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BISON STATE BANK
  • First Mortgage Transaction Date: Aug 19, 2022
  • First Mortgage Loan Amount: $367,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 16, 2015
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Grace



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 16 Colonial Place located in?
The 16 Colonial Place is a located in the neighborhood of Grace in Grace, Asheville.
What is the average sales price for listings in 16 Colonial Place?
The average sales price for units in 16 Colonial Place is $0 currently.

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