tomo logo

$539,000

Beds
1
Baths
1.0
sq ft
752

55 South Market Street Unit 408, Asheville, NC 28801

55 South Market Street Unit 408

Asheville, NC 28801

  • 1 day on market
Welcome to 55 S. Market St #408, an elegant condominium nestled in the heart of vibrant downtown Asheville, North Carolina. This sophisticated one-bedroom, one-bathroom residence spans 752 square feet and offers a harmonious blend of modern design and urban convenience. Upon entering, you're greeted by 10-foot ceilings that enhance the sense of space and airiness. The open-concept living area is bathed in natural light, creating a warm and inviting atmosphere. The contemporary kitchen boasts sleek countertops, stainless steel appliances, and an island with bar seating—perfect for both casual dining and entertaining. Adjacent to the kitchen, a convenient computer nook provides an ideal workspace for those working remotely. The spacious bedroom features a large window offering stunning year-round views of the Blue Ridge Mountains and a generous walk-in closet, providing ample storage.

Details

Property type

Condominium

Est. home value

$492,040

Lot size

Unknown

Price per sq ft

$717

Year built

2017

Monthly HOA fee

$363

Price History

04/02/2025
CanopyMLS

CanopyMLS #4242105

Listed
$539,000
+8.89%
02/15/2024
CanopyMLS

CanopyMLS #4098328

Sold
$495,000
-1%
01/14/2024
CanopyMLS

CanopyMLS #4098328

Pending
$500,000
+1.01%

Schools & Community

Elementary school: 

Claxton

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

$104,535
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$391,345
Cash to seller
$104,535

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

February 2024

Original loan amount

$396,000

Est. remaining balance

$391,345

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Ralph M Griffith Jr

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: 04/03/2025 at 12:15 PM

Listing updated: 04/03/2025 at 5:06 AM

Listed by: Susan Ayers, HomeZu Phone #: (888) 875-4218

MLS: CanopyMLS #4242105

CanopyMLS logo

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