tomo logo

$1,750,000

Beds
8
Baths
5.0
sq ft
5,348

103 Weaverville Road, Asheville, NC 28804

103 Weaverville Road

Asheville, NC 28804

  • 365 days on market
Future multi-family opportunity located in rapidly developing Woodfin on 3.19+/- acres. The property consists of 3 single-family residences and is currently Zoned R-21, allowing for long-term rental or corporate (30 days or more) rentals. Homes are currently owner-occupied so there is no rental history, rent roll or expense data. The homes consist of a 3 bed/1 bath, a 3 bed/2 full baths, 2 half baths and a 2 bed/1 full bath. Easily accessible to I-26 and is 9 minutes to downtown Asheville. Water, sewer, electric and natural gas on site. The site is surrounded by a mixed-use development, Reynolds Village, as well as manufacturing facilities, numerous retailers, businesses and many single and multi-family developments. Woodfin is known for its small-town mountain lifestyle with big-city amenities. Property contains 4 parcels and is being sold as-is. Sellers make no representation on the condition of homes. Please do not disturb the occupants. See duplicate mls #4088345.

Details

Property type

Apartment

Est. home value

$323,153

Lot size

Unknown

Price per sq ft

$328

Year built

1927

Price History

12/23/2023
CanopyMLS

CanopyMLS #4095932

Listed
$1,750,000

Schools & Community

Elementary school: 

Woodfin/Eblen

Middle school: 

Clyde A Erwin

High school: 

Clyde A Erwin

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

April 2019

Original loan amount

$110,000

Est. remaining balance

$75,550

Interest rate

3.78%

Loan type

New Conventional, 15 year

Seller

Michael Scott Criss and Laura Lamb Criss

Lender

State Employees Cu

Loan start date

December 2010

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Michael Scott Criss and Laura Lamb Criss

Lender

State Employees Cu

Loan start date

September 2006

Original loan amount

$56,000

Est. remaining balance

$35,383

Interest rate

6.8%

Loan type

Not Provided, 30 year

Seller

Michael Scott Criss and Laura Lamb Criss

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 6:25 AM

Listing updated: 11/01/2024 at 1:09 PM

Listed by: Darrell Metcalf, Likewise Commercial Real Estate Phone #: (828) 222-3685

MLS: CanopyMLS #4095932

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