1029 Patton St, Hendersonville, NC, 28792

$695,000

Home List Price

$8,253*

Closing Credit

4 Bedrooms
4 Full Baths
2,662 SqFt
$261/SqFt
Multi

Location

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1029 Patton St, Hendersonville$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway
Year Built1948
HeatingHeat Pump, Natural Gas
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
MLS #4187022
StatusActive

About 1029 Patton St

Fantastic four unit investment opportunity! “House hack” by living in one unit while renting the other three, or enjoy passive cash flow from all four one bedroom units. Site enjoys a central yet peaceful location on the fringe of downtown Hendersonville, and features two long-term (month-to-month) tenants and two fully-furnished short term rental (STR) units with proven booking history and all furnishings / FF&E included. As Asheville’s largest submarket, Hendersonville and Henderson County are very business-friendly and have been enjoying steady wealth in-migration, economic growth, employment, and real estate appreciation. Seller has been a diligent steward. Also included is a covered parking structure and a detached workshop / studio shell that was previously an additional residential unit. This is generational-quality real estate... act now!

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2
  • Living Area: 2,662 SqFt

Listing Office:

  • Office Name: Keller Williams Professionals
  • Office Email: scottmirkin@kw.com

Interior Features

Interior Information:

  • Appliances: Oven, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: From downtown Hendersonville: Travel approx. 0.5 miles NW on Asheville Highway. Turn right onto Patton Street and the property will be on the left. From Asheville: Travel approx. 18 miles on I-26E to Exit 44. Turn right onto Asheville Highway and travel approx. 6.5 miles. Turn left onto Patton Street and the property will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $261/SqFt

Tax Information:

  • Annual Amount: $2,406
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hendersonville, NC.

Med. Sold Price

$442.4K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

60

1029 Patton St vs Hendersonville

38 DAYS ON ROCKET

-18 Days

$695,000

+$252.5K More

$261/SqFt

+$16 More

KEY TAKEAWAY

This property is $252.5K more than the Median Sold Price and $16/SqFt more than other homes in Hendersonville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4187022

Listing Office:

  • Office Name: Keller Williams Professionals
  • Office Email: scottmirkin@kw.com

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 11:21:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2008Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,406$228,900
2020$2,405$228,900
2019$1,054$228,900
2018$1,055$186,700
2017$1,055$186,700

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3468878
5
/10
  • Bruce Drysdale Elementary School

  • 271 Bearcat Blvd

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-3468879
8
/10
  • Hendersonville Elementary School

  • 1039 Randall Cir

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-3468880
5
/10
  • Atkinson Elementary School

  • 2510 Old Kanuga Rd

  • 3.29 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,947. Most Hendersonville, NC residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Hendersonville, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Hendersonville, NC?

Hendersonville's housing market showcases a blend of architectural styles, with a focus on single-family homes that make up a significant portion of the residential landscape. The area features a mix of historic homes with Victorian and Colonial influences, as well as more contemporary constructions. The homeownership rate in Hendersonville is robust, reflecting the community's preference for owning over renting.

Is Hendersonville, NC a good place to live?

Hendersonville prides itself on its small-town charm and vibrant community spirit. The downtown area is particularly known for its historic buildings and the variety of cultural events that take place throughout the year, including the popular Apple Festival. The community's character is further enriched by its scenic surroundings and the active engagement of its residents in local affairs.

Are things conveniently located in Hendersonville, NC?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare is accessible through local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. Hendersonville also boasts a public library system and a variety of retail and dining options that reflect the local culture and cuisine.

What does the transportation in Hendersonville, NC look like?

Transportation in Hendersonville includes a network of roads that connect residents to nearby cities and attractions. Public transit options are available, offering services that cater to the needs of the community. The area is also conducive to walking and biking, with several neighborhoods designed to be pedestrian-friendly. Ongoing initiatives aim to improve the efficiency and accessibility of transportation within the city.

Rocket HomesNorth CarolinaHenderson CountyHendersonville287921029 Patton St

This home is located at 1029 Patton St in Hendersonville, NC and zip code 28792. This 2,662 square foot home was built in 1948. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $695,000.

In November 2024 more than 10 listings in Hendersonville, NC were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 35 were sold below. The number of listings in Hendersonville, NC increased by 1.2% between October 2024 and November 2024. In November 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $442,409.

From Rocket Homes Real Estate and based on county public records data.

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