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46 Covington Street

46 Covington Street, Asheville, NC 28806
Property in Bear Creek
Sold Nov 29, 2016
$221,000
$176,800 by Asheville Savings Bank Ssb
Mortgage Due Dec 01, 2046
Sold Jul 28, 2005
$150,000
$146,650 by First Citizens Bank & Trust Co
Mortgage Due Aug 01, 2035
Local assessors in Asheville, NC have categorized 46 Covington Street as a residential type of property. The home was built in 1927 and is 97 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 46 Covington Street has a total of 936 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 46 Covington Street was last sold in Nov 28, 2016 for $221,000. According to our calculations, that's $157.41 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Jul 27, 2005. Current property owners are expected to pay $2,678 in taxes per year. The property on 46 Covington Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $268,600. To break that down further, the land itself was valued at $81,800. While improvements to the property were assessed at a total of $186,800. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1927
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • 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 Type: Unfinished basement
  • Basement Area: 468
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 936
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PROP OF W G DEAN
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: PROP OF W G DEAN LOT: 2 PLAT: 0006-0054

Ownership

  • Current Owner : WEAVER ALLISON
  • Current Owner 2: WEAVER JASON
  • Previous Owner : PARK JENNIFER M
  • Previous Owner 2: MOHAR JOSEPH
  • Owner Before Previous Owner: SMITH THOMAS LEE
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: RM8

Geography

  • Assessors Map Reference: 9628-85
  • Account Number: 673708-2020-202
  • District: 5
  • Parcel: 9628-85-7461-00000
  • Lot: 2
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.5799
  • Longitude: -82.6036

    Address

  • Full Address: 46 Covington St
  • Address - House Number: 46
  • Address - Street Name: Covington
  • Address - Suffix Type: St
  • State: NC
  • City Name: Asheville
  • Carrier Code: C027
  • 4-Digit Zip Code: 2626
  • Zip Code: 28806

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,678
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 416,543
  • High Value: 510,783
  • Low Value: 322,304

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $269,200
  • First Open Lien Mortgage Lender: ASHEVILLE SAVINGS BANK SSB
  • First Open Lien Mortgage Recording Date: Nov 29, 2016
  • First Open Lien Mortgage Loan Amount: $176,800
  • 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: Dec 01, 2046
  • Second Open Lien Mortgage Lender: HOMETRUST BANK
  • Second Open Lien Mortgage Recording Date: May 10, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $92,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $268,600
  • Market Land Value: $81,800
  • Market Improvement Value: $186,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,600
  • Assessed Land Value: $81,800
  • Assessed Improvements Value: $186,800

    Sales

  • Current Sale Contract Date: Nov 28, 2016
  • Current Sale Recording Date: Nov 29, 2016
  • Current Sale Transaction ID: 1873170719
  • Current Sale Price: $221,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 28, 2005
  • Previous Sale Contract Date: Jul 27, 2005
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASHEVILLE SAVINGS BANK SSB
  • First Mortgage Transaction Date: Nov 29, 2016
  • First Mortgage Loan Amount: $176,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jul 28, 2005
  • Previous Mortgage Loan Amount: $146,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Bear Creek



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41 Mildred Avenue, Asheville, NC, 28806 Listing by Brian Clair

Frequently Asked Questions

What neighborhood is 46 Covington Street located in?
The 46 Covington Street is a located in the neighborhood of Bear Creek in Bear Creek, Asheville.
What is the average sales price for listings in 46 Covington Street?
The average sales price for units in 46 Covington Street is $0 currently.

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