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31 Oakwood Street

31 Oakwood Street, Asheville, NC 28806
Property in Falconhurst
Sold Jan 13, 2022
$575,000
$460,000 by Better Mortgage Corporation
Mortgage Due Feb 01, 2037
Sold Apr 28, 2000
$99,500
$94,500 by Centura Bank
Mortgage Due May 01, 2030
31 Oakwood Street 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 31 Oakwood Street has 2,074 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 675 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 13,068 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 180 sqft. Residents will have the luxury of enjoying a open 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 exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 31 Oakwood Street was last sold in Jan 10, 2022 for $575,000. According to our calculations, that's $277.24 per sqft. Prior to that sales transaction, the property was sold for $99,500 in Apr 26, 2000. Current property owners are expected to pay $2,926 in taxes per year. The property on 31 Oakwood Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $293,400. To break that down further, the land itself was valued at $112,800. While improvements to the property were assessed at a total of $180,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 675
  • Garage Type: Garage
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,074
  • Gross Building Area: 2,074
  • Building Area: 2,074
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,074
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: W D MILLER
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: W D MILLER LOT: 16 PLAT: 0198-0036

Ownership

  • Current Owner : CATER DAVID BAUER
  • Current Owner 2: CATER REBECCA LEVIN
  • Previous Owner : MARCUS ABRAMS JOSHUA
  • Previous Owner 2: MARCUS MARIE SABRINA
  • Owner Before Previous Owner: BERQUIST PETER
  • Owner Before Previous Owner 2: BERQUIST OLEARY E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Asheville City Schools
  • Census Tract: 001200

Zoning

  • Zoning: RS8

Geography

  • Assessors Map Reference: 9638-15
  • Account Number: 767646-2020-202
  • Parcel: 9638-15-1565-00000
  • Lot: 16
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.5805
  • Longitude: -82.5955

    Address

  • Full Address: 31 Oakwood St
  • Address - House Number: 31
  • Address - Street Name: Oakwood
  • Address - Suffix Type: St
  • State: NC
  • City Name: Asheville
  • Carrier Code: C007
  • 4-Digit Zip Code: 3118
  • Zip Code: 28806

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,926
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 70
  • Final Value: 610,388
  • High Value: 743,551
  • Low Value: 477,224

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Loan Amount: $460,000
  • 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: Feb 01, 2037

    Market Valuation

  • Market Total Value: $293,400
  • Market Land Value: $112,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $293,400
  • Assessed Land Value: $112,800
  • Assessed Improvements Value: $180,600

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Transaction ID: 11879832212
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 28, 2000
  • Previous Sale Contract Date: Apr 26, 2000
  • Previous Sale Amount: $99,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jan 13, 2022
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: CENTURA BANK
  • Previous Mortgage Transaction Date: Apr 28, 2000
  • Previous Mortgage Loan Amount: $94,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2030

About Falconhurst



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Frequently Asked Questions

What neighborhood is 31 Oakwood Street located in?
The 31 Oakwood Street is a located in the neighborhood of Falconhurst in Falconhurst, Asheville.
What is the average sales price for listings in 31 Oakwood Street?
The average sales price for units in 31 Oakwood Street is $0 currently.

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