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$1,700,000

Beds
2
Baths
2.0
sq ft
1,634

46 Dortch Avenue, Asheville, NC 28801

46 Dortch Avenue

Asheville, NC 28801

  • 23 days on market
Rewind time in this Iconic Eco-Architectural Gem known as The Remington. Designed by local architect Richard A. Webster and commissioned by Dr. & Mrs. Lloyd Remington in the 1970s, this earth shelter emerges from a hillside in Asheville’s Five Points neighborhood - minutes from Downtown, adjacent to UNCA trails, Asheville Botanical Gardens & eclectic restaurants. The swanky “Hobbitat” showcases principles of promoting a sustainable lifestyle, manifested in the 48’ continuous skylight. The ‘solar attic’ design extends the entire home’s length providing natural light throughout. Fluted concrete walls (more than 200 tons of concrete) help regulate temperatures. Precast steel-reinforced walls & hillside location were likely inspired by the survival curriculum Remington taught during his Civil Defence course at UNCA. Inside leads with a moody Mid-century aesthetic. With chic color and texture play, modern finishes and conveniences, this 3 sleeping room home passes the vibe check.

Details

Property type

Single Family Residence

Est. home value

$577,887

Lot size

Unknown

Price per sq ft

$1,041

Year built

1978

Price History

06/20/2024
CanopyMLS

CanopyMLS #4146963

Listed
$1,700,000
+319.75%
06/22/2020
CanopyMLS

CanopyMLS #3625347

Sold
$405,000

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

$1,478,797
Asking price
$1,700,000
Closing costs (~8% of asking)
-$136,000
Est. remaining loan balance
-$85,203
Cash to seller
$1,478,797

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

Seller’s Loan History

Lender

Champion Cu

Loan start date

August 2020

Original loan amount

$344,250

Est. remaining balance

$85,203

Interest rate

3.13%

Loan type

Not Provided, 5 year

Seller

Rio Grande Asset Management Llc

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: Active

Tomo last checked: 07/04/2024 at 9:55 PM

Listing updated: 07/02/2024 at 2:33 PM

Listed by: David Cash, Unique: A Real Estate Collective Phone #: (828) 222-7969

MLS: CanopyMLS #4146963

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