181 Merrimon Ave, Asheville, NC, 28801

$1,095,000

Home List Price

$10,000*

Closing Credit

4 Full Baths
3,212 SqFt
$341/SqFt
Condo

Location

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181 Merrimon Ave, Asheville$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDriveway, Parking Space(s)
Year Built1907
HeatingHot Water, Natural Gas
CoolingNone
BasementYes
WaterfrontNone
ViewCity
MLS #4197890
StatusActive

About 181 Merrimon Ave

Commercially zoned four-plex minutes to downtown with great street exposure. Large .41 acre lot with plenty of off street parking. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler.

Property Details

Property Features

Property Information:

  • Architectural Style: Arts and Crafts
  • Year Built: 1907
  • Stories: 2
  • Living Area: 3,212 SqFt

Listing Office:

  • Office Name: Appalachian Realty Associates
  • Office Email: gray@appalachianrealty.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: City

Parking Information:

  • Parking: Driveway, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $341/SqFt

Tax Information:

  • Annual Amount: $7,389
  • Tax Year: 2021
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Housing Market Comparison

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

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Asheville, NC

City

Med. Sold Price

$489.4K

Med. Price/SqFt

$311

Avg. Days On Market

58

# of Sold Homes

70

181 Merrimon Ave vs Asheville

24 DAYS ON ROCKET

-34 Days

$1,095,000

+$605.5K More

$341/SqFt

+$29 More

KEY TAKEAWAY

This property is $605.5K more than the Median Sold Price and $29/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4197890

Listing Office:

  • Office Name: Appalachian Realty Associates
  • Office Email: gray@appalachianrealty.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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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: 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

Tax History

YEARPROP. TAXASSESSMENT
2021$7,389$741,300
2020$7,389$685,500
2019$7,389$685,500
2017$7,458$685,500

History based on county public records data.

Payment Calculator

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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-3464936
5
/10

  • Claxton Elementary School

  • 241 Merrimon Ave

  • 0.17 miles

  • Public Magnet Grades KG-5

school-card-donut-3464937
3
/10

  • Isaac Dickson Elementary School

  • 125 Hill St

  • 0.97 miles

  • Public Magnet Grades PK-5

school-card-donut-3464938
6
/10

  • Ira B Jones Elementary School

  • 544 Kimberly Ave

  • 1.74 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,250. Most Asheville, NC residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 181 Merrimon Ave

What is the listing price of this property?

The listing price of 181 Merrimon Ave property is $1,095,000.

What type of property is this?

The property 181 Merrimon Ave is a condo located in Asheville, North Carolina, 28801.

Is this property for sale now?

Active Listing: 181 Merrimon Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,389 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 181 Merrimon Ave has 4 bathrooms..

What is the square footage of this property?

The property 181 Merrimon Ave is 3,212 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 181 Merrimon Ave is 1907.

Rocket Homes›North Carolina›Buncombe County›Asheville›28801›181 Merrimon Ave

This home is located at 181 Merrimon Ave in Asheville, NC and zip code 28801 in the Claxton neighborhood. This 3,212 square foot home was built in 1907. Features: 4 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,095,000.

In November 2024 more than 9 listings in Asheville, NC were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 51 were sold below. The number of homes for sale in Asheville, NC increased by 13% between October 2024 and November 2024. The median list price of listings available in November 2024 was $489,456, while the average time on the real estate market was 58 days.

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

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