Sold
Last Sold Price
3 beds1,370 sqft$175/sqft
5 Red Raven Rd, Swannanoa, NC 28778
Single FamilyProperty Type
6,098 sq ftLot Size
1951Year Built
$175/sq ftPrice per sq ft

Description

Airbnb possibilities! This property is set up for 2 separate living/rental units. Each with their own kitchen, bath, laundry and access. They could be rented as either short or long term or you could live in one unit while renting the other. The house is convenient to both Asheville and Black Mountain with only a few mile drive to the Blue Ridge Parkway! The units have an extensive list of updates including; new floors, paint, butcher block countertops, electric, plumbing, furnace and roof. A great...Airbnb possibilities! This property is set up for 2 separate living/rental units. Each with their own kitchen, bath, laundry and access. They could be rented as either short or long term or you could live in one unit while renting the other. The house is convenient to both Asheville and Black Mountain with only a few mile drive to the Blue Ridge Parkway! The units have an extensive list of updates including; new floors, paint, butcher block countertops, electric, plumbing, furnace and roof. A great opportunity for the savvy investor. There are tenants in both units so please be respectful of their privacy. The upstairs has a lease and the basement apartment is rented month to month. A list of financials can be provided with serious interest. Calculate the CAP rate and you will see this as an excellent opportunity.
  • Listed by: • Divitia Realty jenniferpauer@divitiarealty.com
Listing closed: 11/18/2020 12:00 AM • Source: CANOPY, MLS#: 3670638

Recent comparable sales

Median sold price

$240,000

Avg days on market

149

Sale-to-list ratio

87.5%

Swannanoa, NC

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Location

Listing Courtesy of Divitia Realty

Sold By Keller Williams Professionals

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Payment Calculator

$1,350 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,220

Property Taxes

$130

HOA Dues

$0

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Property Information for 5 Red Raven Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Bungalow
  • Parking Features: Driveway, Other - See Remarks
  • Subdivision Name: None
Building Information
  • Year Built: 1951
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • Longitude: -82.415728
  • Zoning: R-3
  • Latitude: 35.597382
  • Directions: I-40 to exit 59, turn North on Patton Cove Rd, then West on US 70. for approximately 0.70 mi, then turn Right onto Red Rd. Home is on your Right.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $108,100.00
  • Parcel Number: 9688-49-7882-00000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Charles D Owen
  • High School: Charles D Owen
  • Elementary School: WD Williams
Parking
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 926.0
  • Below Grade Finished Area: 444.0
  • Sq Ft Garage: 0
  • Sq Ft Lower: 0
  • Sq Ft Main: 926
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Sq Ft Other: 0.0
  • Sq Ft Total Property HLA: 1370.0
  • Living Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.14
  • Lot Size Units: Acres
  • Property Attached YN: No
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 31
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Plat Book Slide: 0027/0062
  • Plat Reference Section Pages: 27/62
  • Proposed Special Assessment: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Propane
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Patio And Porch Features: Deck
  • Road Surface Type: Concrete, Gravel
  • Roof: Metal
  • Other Structures: Shed(s)
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Range, Exhaust Fan, Propane Water Heater, Refrigerator, Washer
  • Levels: One
  • Heating: Propane
  • Laundry Features: In Basement, Main Level
  • Fireplace YN: No
  • Flooring: Tile, Laminate, Wood
  • Basement YN: Yes
  • Basement Features: Basement
  • Bedroom Basement: 1
  • Bedroom Main: 2
  • Full Bath Basement: 1
  • Full Bath Main: 1
  • Half Bath Basement: 0
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 13.0
Room 1
  • Room Types: 2nd Living Quarters
  • Room Level: Basement
Room 2
  • Room Types: Basement
  • Room Level: Basement
Room 3
  • Room Types: Bedroom(s)
  • Room Level: Basement
Room 4
  • Room Types: Laundry
  • Room Level: Basement
Room 5
  • Room Types: Breakfast
  • Room Level: Basement
Room 6
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 7
  • Room Types: Kitchen
  • Room Level: Main
Room 8
  • Room Types: Bathroom-Full
  • Room Level: Basement
Room 9
  • Room Types: Breakfast
  • Room Level: Main
Room 10
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 11
  • Room Types: Kitchen
  • Room Level: Basement
Room 12
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 13
  • Room Types: Laundry
  • Room Level: Main

Property History for 5 Red Raven Road

DateEvent & SourcePriceAppreciation
Nov 18, 2020

Closed

CANOPY #3670638

$240,000
Oct 18, 2020

Under Contract-No Show

CANOPY #3670638

Oct 13, 2020

Listed (Active)

CANOPY #3670638

$255,000
DateEvent & SourcePrice
11/18/2020

Closed

CANOPY #3670638

$240,000
10/18/2020

Under Contract-No Show

CANOPY #3670638

10/13/2020

Listed (Active)

CANOPY #3670638

$255,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Red Raven Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,554 ($130 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,372 SqFtAbove Grade Finished SqFt928 SqFtFinished Basement SqFt444 SqFtUnfinished Basement SqFt484 SqFtStories1Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1951ZoningDEED DATE:11/CountyBUNCOMBEAPN9688-49-7882-00000

Schools near 5 Red Raven Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
W D Williams Elementary
PublicPK to 5

Charles D Owen Middle
Public6 to 8

Charles D Owen High
Public9 to 12

Buncombe County Schools Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5 Red Raven Road, Swannanoa, NC 28778
$240,000
3
1,370
6,098
$275,000
2
1.5
896
6,970
$66,500
2
966
6,969
$90,000
2
864
12,196
24,829
$175,000
3
2,046
7,840

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Divitia Realty

Based on information submitted to the MLS GRID as of 04/01/2021 10:06 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.