16 Cherokee Rd, Asheville, NC, 28801

$975,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,960 SqFt
$497/SqFt
House

Location

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16 Cherokee Rd, Asheville$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1924
HeatingForced Air, Natural Gas, Zoned
CoolingCentral Air, Zoned
BasementYes
FireplaceGas Vented, Living Room
MLS #4129706
StatusAccepting Backup Offers
(Active Under Contract)

About 16 Cherokee Rd

GROVE PARK/ALBEMARLE PARK DREAM HOME. Idyllic setting in Asheville's beloved Grove Park area walkable to Charlotte St cafes, shops, restaurants, and the Grove Park Inn. An outdoor lover's urban paradise with access to Sunset Mountain for recreation AND walkable to vibrant Downtown Asheville. Perfect main floor with enormous designer kitchen, tranquil living space, spacious dining, powder room, and light-filled sunroom all overlooking outdoor living spaces and its serene, level yard that's ideal for gardening and play. Upper floor boasts a dream primary suite with a spacious, luxurious bathroom with soaking tub, walk-in closet, and private porch to sip coffee and take in the natural beauty that surrounds you. Two additional bedrooms and lovely guest bath make this home ideal for enjoying company. Many recent updates such as new roof, exterior paint, renovated sunroom, tankless hot water and more make this home move-in ready. Garage renderings available and third floor can be finished!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 1,960 SqFt

Listing Office:

  • Office Name: Nest Realty Asheville
  • Office Email: angie@nestrealty.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood
  • Fireplace: Gas Vented, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: In-Ground Irrigation

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $497/SqFt
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Housing Market Comparison

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

Med. Sold Price

$490.4K

Med. Price/SqFt

$311

Avg. Days On Market

32

# of Sold Homes

70

16 Cherokee Rd vs Asheville

209 DAYS ON ROCKET

+177 Days

$975,000

+$484.5K More

$497/SqFt

+$185 More

KEY TAKEAWAY

This property is $484.5K more than the Median Sold Price and $185/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4129706

Listing Office:

  • Office Name: Nest Realty Asheville
  • Office Email: angie@nestrealty.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: 11/14/2024, 10:51:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 29, 2018Home Sold
$649,000
Aug 16, 2012Home Sold
$429,000
Nov 30, 2007Home Sold
$418,000
May 06, 2004Home Sold
$150,000

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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-358240
2
/10
  • Johnston Elementary School

  • 230 Johnston Blvd

  • 1.08 miles

  • Public District Grades KG-4

school-card-donut-358241
5
/10
  • Sand Hill-Venable Elementary School

  • 154 Sand Hill School Rd

  • 1.46 miles

  • Public District Grades KG-4

school-card-donut-358242
6
/10
  • Vance Elementary School

  • 98 Sulphur Springs Rd

  • 1.74 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,297. The majority of Asheville, NC residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Asheville, 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 Asheville, NC?

Asheville's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The architectural landscape is a blend of Art Deco, Beaux-Arts, and Neoclassical styles, particularly evident in the city's historic districts. Single-family homes are prevalent, while condos and townhouses provide urban living options. The homeownership rate in Asheville is around 65%, with the remainder of residents opting to rent.

Is Asheville, NC a good place to live?

Asheville is celebrated for its vibrant arts scene and historic architecture. The community prides itself on a strong sense of local identity, with numerous galleries, theaters, and live music venues that reflect its cultural richness. Annual events like the Asheville Fringe Arts Festival and the Craft Fair of the Southern Highlands showcase the city's creative spirit and Appalachian heritage.

Are things conveniently located in Asheville, NC?

The city is served by a robust educational system, including a variety of public and private schools, catering to different educational needs. Asheville's healthcare network is comprehensive, with facilities offering a range of services from primary care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of resources. Retail and dining options abound, featuring local crafts and farm-to-table dining experiences that highlight Asheville's commitment to sustainability and local entrepreneurship.

What does the transportation in Asheville, NC look like?

Asheville's transportation infrastructure includes a network of bus routes connecting different parts of the city, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also encourages eco-friendly travel with bike lanes and pedestrian-friendly areas, particularly in the downtown district. Major highways such as I-40 and I-26 facilitate travel in and out of Asheville, with ongoing projects aimed at improving traffic flow and reducing congestion.

Frequently Asked Questions About 16 Cherokee Rd

What is the listing price of this property?

The listing price of 16 Cherokee Rd property is $975,000.

What type of property is this?

The property 16 Cherokee Rd is a house located in Asheville, North Carolina, 28801.

Is this property for sale now?

Accepting Backup Offers: 16 Cherokee Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

When was this property sold last time and for how much?

The last sale was on March 29, 2018 for $649,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16 Cherokee Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 16 Cherokee Rd is 1,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Cherokee Rd is 1924.

Rocket HomesNorth CarolinaBuncombe CountyAsheville2880116 Cherokee Rd

This home is located at 16 Cherokee Rd in Asheville, NC and zip code 28801. This 1,960 square foot home was built in 1924. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $975,000.

In October 2024 more than 18 listings in Asheville, NC were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 37 were sold below. Between September 2024 and October 2024, Asheville, NC real estate market has seen decrease in the number of listings by 8.5%. While the average time on the market in October 2024 was 32 days, the median list price was $490,473.

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

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