644 North Luther Road

Candler, NC 28715

$260,000
Last Sold Price
3
Beds
2
Baths
744 Sq. Ft.
$349 / Sq. Ft.
744
Sq. Ft.
$349
per Sq. Ft.

Description

Looking for a property that generates revenue? Come and explore this nearly 9-acre tract (when sold with MLS #3855657) of land and 3 income-producing homes. Endless opportunity awaits! You can choose to keep the tenants in place and build your dream home, live in one home, rent the other two, build a tiny home village, or bring your horses! It’s yours to explore! Keep all three as rentals and net over $30,000 a year in income. All homes are grouped in one corner of the acreage, leaving the vast majority...Looking for a property that generates revenue? Come and explore this nearly 9-acre tract (when sold with MLS #3855657) of land and 3 income-producing homes. Endless opportunity awaits! You can choose to keep the tenants in place and build your dream home, live in one home, rent the other two, build a tiny home village, or bring your horses! It’s yours to explore! Keep all three as rentals and net over $30,000 a year in income. All homes are grouped in one corner of the acreage, leaving the vast majority of pasture for your imagination. The land lays beautifully and has two spring-fed ponds that bring nature to your doorstep. You have an abundance of room for additional development. Two well-graded roads take you to the pasture off the main road. Located in pastoral Candler, 15 min to DT Asheville and 9 min to shopping. Only 2 miles off exit 37 from I-40. Listing has been revised to reflect the actual sale - see also MLS 3855657 for sale of additional parcel
  1. Listed by Susan Young • Sterling Real Estate Partners, LLC • susanyoung.avlrealtor@gmail.com

Property Details for 644 North Luther Road

Waterfront Features
Dock
View
Long Range, Mountain(s)
Parking Features
Driveway, Shared Driveway
Subdivision Name
None

Location

Listing Courtesy of Sterling Real Estate Partners, LLC

Sold By EXP REALTY LLC

Add your commute
LISTING UPDATED: 03/31/2023 08:28 AM

Property Details for 644 North Luther Road

StatusClosed
MLS #3855527
Days on Market165
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2001
Lot Size4.47 AC / 194,713 SF
CountyBuncombe County

Location

Listing Courtesy of Sterling Real Estate Partners, LLC

Sold By EXP REALTY LLC

Add your commute

Building Information for 644 North Luther Road

Stories-Residences-Year Built2001Building Size-Lot Size4.47 AC / 194,713 SF

Payment Calculator

$1,539 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,419

Property Taxes

$120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 644 North Luther Road

Summary
Location and General Information
  • Longitude: -82.740448
  • Zoning: OU
  • Latitude: 35.547903
  • Directions: from Smokey Park Highway in Candler, turn onto Luther Road at Hot Dog King. First Right onto N Luther Road. Go .2 miles, property is on the right. You will pass a small lot with the gate to the pasture first, then the Single Wide Mobile Home, then the driveway for the 2 Houses. 24 hour notice and a confirmed appointment are needed. Tenant Occupied. We will try to grant access to all three homes when viewing but be advised that it may not always be possible.
Taxes and HOA Information
  • Association: No
  • HOA Subject To: None
  • Tax Assessed Value: $230,600.00
  • Parcel Number: 8687-75-7125-00000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Enka
  • High School: Enka
  • Elementary School: Candler/Enka
Parking
  • Open Parking: No
  • Garage: No
  • Main Level Garage: No
Virtual Tour
  • Virtual Tour URL Unbranded: www.listingserver.com/mlslisting.aspx?oid=3637896&ot=213
Property
Lot Information
  • Below Grade Finished Area: 0.0
  • Sq Ft Garage: 0
  • Sq Ft Unheated Basement: 0
  • Lot Features: Pasture, Paved, Pond(s), Private, Wooded, Views
  • Lot Size Acres: 8.97
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • New Construction: No
  • Photos Count: 40
  • Road Responsibility: Publicly Maintained Road
  • Development Status: Completed
  • Construction Type: Manufactured,Off Frame Modular,Site Built
  • Assumable: No
  • Additional Parcels Description: PIN 8687.75.7125 & 8687.75.4141
  • Senior Community: No
  • Number Of Completed Units Total: 2
  • Number Of Projected Units Total: 2
  • Plat Book Slide: 0088
  • Plat Reference Section Pages: 0168
  • Proposed Special Assessment Description: none
  • Proposed Special Assessment: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Shared Septic
  • Utilities: Cable Available
  • Water Source: Shared Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Patio And Porch Features: Covered, Deck, Screened, Side Porch
  • Road Surface Type: Gravel, Paved
  • Roof: Composition, Metal
  • Other Structures: Barn(s)
Interior Features
  • Appliances: Electric Range, Electric Water Heater, Oven, Refrigerator, Washer/Dryer
  • Cooling: Ceiling Fan(s), Heat Pump, Wall Unit(s)
  • Heating: Forced Air, Heat Pump, Oil, Propane, Other - See Remarks
  • Interior Features: Cable Prewire
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Foundation Details: Slab, Other - See Remarks
  • Basement: No
  • Basement: Other
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: Other
  • Pets Allowed: Yes

Property History for 644 North Luther Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 644 North Luther Road

Taxable ValueLand-Additions-Total-
Tax Record2023$1,434 ($120 / month)
Home Facts
Baths1.5Total Finished SqFt744 SqFtAbove Grade Finished SqFt744 SqFtStories1Lot Size194,713 SqFtStyleMulti-Family Dwelling (2-4)Year Built2001ZoningOUCountyBUNCOMBEAPN8687-75-7125-00000

Schools near 644 North Luther Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Candler Elementary
PublicK to 4

Enka Intermediate
Public5 to 6

Enka Middle
Public7 to 8

Enka High
Public9 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Sterling Real Estate Partners, LLC

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.