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79 Covington Street

79 Covington Street, Asheville, NC 28806
Property in Bear Creek
Sold Nov 17, 2021
$279,000
$270,630 by Prime Mortgage Lending Inc
Mortgage Due Dec 01, 2051
79 Covington Street in Asheville, NC was first built in 1950 and is 74 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. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 79 Covington Street has 828 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 8,276 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. 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 C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of wood. 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 and being fueled with gas. 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, 79 Covington Street sold most recently in Nov 15, 2021 for a total of $279,000. If you work out the math, that's approximately a cost of $168.48 per sqft. 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 $2,143 in taxes each year. 79 Covington Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $214,900. If we break it down further, the land itself was valued at $82,400. Improvements to the property, however, were assessed at a total of $132,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Type: Unfinished basement
  • Basement Area: 828
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,656
  • Gross Building Area: 1,656
  • Building Area: 828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 828
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: C H WELLS
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: C H WELLS BLOCK: LOT: 10 SECTION: PLAT: 0002-0130

Ownership

  • Current Owner : ODELL GILES T
  • Current Owner 2: CLEM LORA A
  • Previous Owner : SHARPE RICKY ALAN
  • Previous Owner 2: SHARPE KAREN BRADLEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

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: 732756-2020-202
  • District: 5
  • Parcel: 9628-85-5071-00000
  • Lot: 10
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.5788
  • Longitude: -82.604

    Address

  • Full Address: 79 Covington St
  • Address - House Number: 79
  • Address - Street Name: Covington
  • Address - Suffix Type: St
  • State: NC
  • City Name: Asheville
  • Carrier Code: C027
  • 4-Digit Zip Code: 2601
  • Zip Code: 28806

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,143
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 351,360
  • High Value: 430,915
  • Low Value: 271,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,630
  • First Open Lien Mortgage Lender: PRIME MORTGAGE LENDING INC
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $270,630
  • 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, 2051

    Market Valuation

  • Market Total Value: $214,900
  • Market Land Value: $82,400
  • Market Improvement Value: $132,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,900
  • Assessed Land Value: $82,400
  • Assessed Improvements Value: $132,500

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11870911068
  • Current Sale Price: $279,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME MORTGAGE LENDING INC
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $270,630
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Bear Creek



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Frequently Asked Questions

What neighborhood is 79 Covington Street located in?
The 79 Covington Street is a located in the neighborhood of Bear Creek in Bear Creek, Asheville.
What is the average sales price for listings in 79 Covington Street?
The average sales price for units in 79 Covington Street is $0 currently.

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