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41 Fairview Street

41 Fairview Street, Asheville, NC 28803
Property in Biltmore South
Sold Nov 06, 2020
$533,000
$400,000 by First Bank
Mortgage
Sold Jan 24, 1997
$21,000
Buyer
Local assessors in Asheville, NC have categorized 41 Fairview Street as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 18,295 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 41 Fairview Street has a total of 3,472 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 1,736 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The property was last sold in Oct 5, 2020 for $533,000. That's $153.51 per sqft. Prior to that sales transaction, the property was also sold in Jan 24, 1997 for $21,000. 41 Fairview Street was last assessed in 2023. The total value of the property was assessed at $542,500. Specifically, the land the property is located on was valued at $56,900. While improvements on the property were assessed at a total of $485,600. 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 $4,834. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,736
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 3,472
  • Gross Building Area: 3,472
  • Building Area: 3,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GAY GREEN
  • Land Acres: 0.42
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SUBDIV: GAY GREEN LOT: POR 7&8 BLOCK: 5 PLAT: 0154-0019

Ownership

  • Current Owner : BANKS CAITLIN M
  • Current Owner 2: BANKS ADAM P
  • Previous Owner : VORST TIMOTHY E
  • Owner Before Previous Owner: NORDEEN PETER O

Neighborhood

  • School District Name: Buncombe County Schools
  • Census Tract: 002000

Zoning

  • Zoning: RS8

Geography

  • Assessors Map Reference: 9647-84
  • Account Number: 681554-2020-202
  • Parcel: 9647-84-7120-00000
  • Block: 5
  • Lot: 7-8
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.5508
  • Longitude: -82.5351

    Address

  • Full Address: 41 Fairview St
  • Address - House Number: 41
  • Address - Street Name: Fairview
  • Address - Suffix Type: St
  • State: NC
  • City Name: Asheville
  • Carrier Code: C018
  • 4-Digit Zip Code: 2871
  • Zip Code: 28803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,834
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.4606
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 7
  • Final Value: 570,221
  • High Value: 832,893
  • Low Value: 307,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Nov 06, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $542,500
  • Market Land Value: $56,900
  • Market Improvement Value: $485,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542,500
  • Assessed Land Value: $56,900
  • Assessed Improvements Value: $485,600

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Transaction ID: 11798334682
  • Current Sale Price: $533,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 24, 1997
  • Previous Sale Contract Date: Jan 24, 1997
  • Previous Sale Amount: $21,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Nov 06, 2020
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Biltmore South



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Nearby Rentals

Unit for rent at 3 Rosemont Ct., Asheville, NC, 28803

$2,700 /mo

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  • 3 Baths
  • 1,500 ft²
3 Rosemont Ct. #3 Rosemont Ct., Asheville, NC, 28803 Listing by Manager
Unit for rent at 535 Fairview Road, Asheville, NC, 28803

$2,995 /mo

  • 2 Beds
  • 2 Baths
535 Fairview Road #535 Fairview Road, Asheville, NC, 28803 Listing by Manager

Frequently Asked Questions

What neighborhood is 41 Fairview Street located in?
The 41 Fairview Street is a located in the neighborhood of Biltmore South in Biltmore South, Asheville.
What is the average sales price for listings in 41 Fairview Street?
The average sales price for units in 41 Fairview Street is $0 currently.

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