265 Cumberland Avenue

265 Cumberland Avenue has been categorized by the local assessors in Asheville, NC as a residential type of property. The building on the property was first built in 1916 and is 108 years old. However, we must point out that the home was most recently renovated and altered in 1940. The home comes with a single bedroom. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 265 Cumberland Avenue has 2,925 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,682 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 416 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 265 Cumberland Avenue sold most recently in Nov 22, 2021 for a total of $800,000. If you work out the math, that's approximately a cost of $197.19 per sqft. Before that, the property was also sold for $7,000 in Nov 23, 2011. 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 $5,444 in taxes each year. 265 Cumberland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $545,900. If we break it down further, the land itself was valued at $235,600. Improvements to the property, however, were assessed at a total of $310,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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.