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$650,000

Beds
3
Baths
2.0
sq ft
867

70 Madison Avenue, Asheville, NC 28801

70 Madison Avenue

Asheville, NC 28801

  • 28 days on market
Single family home with an income-producing apartment AND extra lot (street frontage on Short Madison)! Ideal location, walking distance to downtown AVL amenities. Nestled on charming residential street. High ceilings, fireplaces (non-functioning), exposed brick & historic features. Modern bath renovation, luxury vinyl plank flooring & new mini-split for quiet cooling upstairs. Basement apartment with a separate entrance had recent kitchen remodel. Fresh paint. Sunny terraced side yard for gardening/landscaping or possible build-out addition. Potential to build ADU if buyer recombines lots. Rare opportunity to live upstairs and rent downstairs, or recombine units for a larger single family home and/or ADU. Endless possibilities! Buyer/Agent to verify feasibility of land/structure use. No closets in some bedrooms, as typical of homes built in 1900s. 2 Laundry hook ups. Also: 4147914

Details

Property type

Single Family Residence

Est. home value

$406,055

Lot size

Unknown

Price per sq ft

$750

Year built

1910

Price History

06/13/2024
CanopyMLS

CanopyMLS #4146820

Listed
$650,000
+124.14%
03/31/2021
CanopyMLS

CanopyMLS #3603969

Sold
$290,000

Schools & Community

Elementary school: 

Asheville City

Middle school: 

Asheville

High school: 

Asheville

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

March 2021

Original loan amount

$234,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

Tamla M Boone

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 10:25 PM

Listing updated: 07/01/2024 at 8:33 AM

Listed by: Aviva Pitt, Town and Mountain Realty Phone #: (828) 232-2879

MLS: CanopyMLS #4146820

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