16 Merritt Dr, Asheville, NC, 28806

$400,000

Home List Price

$4,750*

Closing Credit

3 Bedrooms
2 Full Baths
1,605 SqFt
$249/SqFt
House

Location

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16 Merritt Dr, Asheville$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport
Year Built1953
HeatingCentral, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceFamily Room, Living Room
MLS #4166143
StatusAccepting Backup Offers
(Active Under Contract)

About 16 Merritt Dr

Charming Brick Ranch in West Asheville Discover this beautifully updated three-bedroom, two-bath brick ranch, ideally situated in the heart of West Asheville. The recent updates include a modern kitchen, new windows, fresh paint, and stylish flooring in the kitchen. Enjoy the spaciousness of two large living rooms, each featuring a cozy fireplace, perfect for relaxing or entertaining. Conveniently located with easy access to groceries and downtown Asheville, this home offers both comfort and accessibility. Don’t miss the opportunity to make this inviting property your new home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1953
  • Living Area: 1,605 SqFt

Listing Office:

  • Office Name: Lusso Realty
  • Office Email: Caleb@LussoRealty.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Basement: Yes
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None

Parking Information:

  • Parking: Detached Carport

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Old Nc 20 Hwy turn onto Merritt Drive. House will be third house on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $249/SqFt

Tax Information:

  • Annual Amount: $1,191
  • Tax Year: 2021
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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 Merritt Dr vs Asheville

111 DAYS ON ROCKET

+79 Days

$400,000

-$90.4K Less

$249/SqFt

-$63 Less

KEY TAKEAWAY

This property is $90.4K less than the Median Sold Price and $63/SqFt less than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4166143

Listing Office:

  • Office Name: Lusso Realty
  • Office Email: Caleb@LussoRealty.com

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 7:21:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,191$251,800
2020$1,191$178,100
2019$1,173$178,100
2017$1,174$178,100

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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-747523
7
/10
  • West Buncombe Elementary School

  • 175 Erwin Hills Rd

  • 1.46 miles

  • Public District Grades KG-4

school-card-donut-747524
2
/10
  • Woodfin Elementary School

  • 108 Elk Mountain Rd

  • 2.66 miles

  • Public District Grades KG-5

school-card-donut-747525
4
/10
  • Emma Elementary School

  • 37 Brickyard Rd

  • 3.50 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,872. The most common annual income of people living in Asheville, NC is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

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 Merritt Dr

What is the listing price of this property?

The listing price of 16 Merritt Dr property is $400,000.

What type of property is this?

The property 16 Merritt Dr is a house located in Asheville, North Carolina, 28806.

Is this property for sale now?

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

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,191 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16 Merritt Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16 Merritt Dr is 1,605 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Merritt Dr is 1953.

Rocket HomesNorth CarolinaBuncombe CountyAsheville2880616 Merritt Dr

This home is located at 16 Merritt Dr in Asheville, NC and zip code 28806. This 1,605 square foot home was built in 1953. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $400,000.

In October 2024, from all listings sold in Asheville, NC there were more than 18 sold above asking price, over 37 sold below and more than 15 were sold right at the asked price. Between September 2024 and October 2024, Asheville, NC real estate market has seen decrease in the number of listings by 8.5%. Listings spent 32 days on the market in October 2024, and had a median list price of $490,473 during the same period.

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

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