tomo logo

$389,000

Beds
2
Baths
2.5
sq ft
1,171

16 Spears Avenue Unit 39, Asheville, NC 28801

16 Spears Avenue Unit 39

Asheville, NC 28801

  • Coming soon
Location, location! Rare-to-find, centrally located, renovated townhome in convenient Oak Terrace. Walkable to UNCA, Merrimon Avenue, Five Points, and downtown Asheville, this adorable townhome is spacious and convenient. Both upstairs bedrooms are nice-sized and have ensuite bathrooms! The open-plan space is light and bright — with tons of great features, including a beautifully renovated kitchen with granite countertops, soft-close cabinets, and very nice stainless steel appliances. There’s even a wood-burning fireplace and an awesome back deck! Great closet space and a nice utility room with storage and an included high efficiency washer/dryer that is less than one year old. Oak Terrace is a beautifully landscaped small community with plenty of parking. In addition, this building’s roof was just replaced. Exterior maintenance is included in the HOA fee.

Details

Property type

Townhouse

Est. home value

$417,794

Lot size

Unknown

Price per sq ft

$333

Year built

1983

Monthly HOA fee

$306

Price History

09/27/2023
CanopyMLS

CanopyMLS #4026473

Sold
$367,500
+41.35%
02/25/2021
CanopyMLS

CanopyMLS #3675924

Sold
$260,000
+13.54%
06/18/2019
CanopyMLS

CanopyMLS #3505442

Sold
$229,000

Schools & Community

Elementary school: 

Asheville City

Middle school: 

Asheville

High school: 

Asheville

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

$222,844
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$135,036
Cash to seller
$222,844

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

December 2019

Original loan amount

$186,000

Est. remaining balance

$135,036

Interest rate

3.18%

Loan type

New Conventional, 16 year

Seller

Eleni Muntz and Everett S Baker

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: Coming Soon

Tomo last checked: 04/07/2025 at 6:15 PM

Listing updated: 04/07/2025 at 12:00 PM

Listed by: Caley Bowman, Mosaic Community Lifestyle Realty Phone #: (828) 707-9556

MLS: CanopyMLS #4242811

CanopyMLS logo

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