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$1,025,000

Beds
4
Baths
3.5
sq ft
2,783

131 Spears Avenue, Asheville, NC 28801

131 Spears Avenue

Asheville, NC 28801

  • Pending
Modern Luxury Meets Convenience near Downtown AVL! Stunning 2020-built home offers a blend of high-end finishes and unbeatable location, just a short walk from Asheville's vibrant eateries, parks and grocery stores. Featuring 4 spacious bedrooms and 3.5 bathrooms, this home has been thoughtfully designed to impress. The chef's kitchen is a true highlight, complete with a Wolf stove, Quartz countertops, custom walk-in pantry, large kitchen island and a farmhouse sink. The open-concept living area is accentuated with a gas-vented fireplace, large dining area and plenty of light. Enjoy year-round mountain views from the charming double front porches. Guests can relax in the peaceful lower-level suite equipped with a wet bar & vintage style fridge. With a 2-car garage, a back covered porch for outdoor dining, and a low-maintenance yard, this home is as functional as it is beautiful. Plus, with no HOA, you can truly make this space your own. This is the best of intown living!

Details

Property type

Single Family Residence

Est. home value

$937,012

Lot size

Unknown

Price per sq ft

$369

Year built

2020

Price History

02/20/2025
CanopyMLS

CanopyMLS #4215315

Pending
$1,025,000
02/13/2025
CanopyMLS

CanopyMLS #4215315

Listed
$1,025,000
+57.21%
09/04/2020
CanopyMLS

CanopyMLS #3653540

Sold
$652,000

Schools & Community

Elementary school: 

Asheville

Middle school: 

Asheville

High school: 

Asheville

Community features: 

Sidewalks, Street Lights

Negotiation Insights

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

Seller could get up to

$354,512
Asking price
$1,025,000
Closing costs (~8% of asking)
-$82,000
Est. remaining loan balance
-$588,488
Cash to seller
$354,512

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Truist Bank

Loan start date

September 2020

Original loan amount

$652,000

Est. remaining balance

$588,488

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Michael Charles Bond and Amy Louise Alexander

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?

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Status: Pending/Under Contract

Tomo last checked: 02/22/2025 at 6:00 PM

Listing updated: 02/20/2025 at 3:54 PM

Listed by: Randi Beard, Premier Sotheby’s International Realty Phone #: (828) 277-3238

MLS: CanopyMLS #4215315

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