295 Merrills Cove Rd, Asheville, NC, 28803

$399,000

Home List Price

$4,738*

Closing Credit

3 Bedrooms
1 Full Bath
1,083 SqFt
$368/SqFt
House

Location

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295 Merrills Cove Rd, Asheville$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1953
HeatingElectric, Heat Pump
CoolingCentral Air, Heat Pump
BasementYes
MLS #4202644
StatusActive

About 295 Merrills Cove Rd

Affordable 3-bedroom home in great South Asheville location! Those seeking a little elbow room outside will want to look at this house with its fenced-in front yard for kids and pets. In the back there's a lot of play space, too. Situated close to great South Asheville schools and shopping but feels like country living close to the city. Possibility for a basement workshop, where there is great storage as well as a 1-car garage. Peaceful views from all of the newer windows. Updated heating/a-c. Current owner has purchased a new well pump and screens for the windows. The Speed Queen washer and dryer will stay!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1953
  • Living Area: 1,083 SqFt

Listing Office:

  • Office Name: Allen Tate/Beverly-Hanks Asheville-North
  • Office Email: jennifer.vogel@allentate.com

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: From the Mills Gap/Sweeten Creek intersection, drive one mile to left on Concord Road at storage units. Travel 1.5 miles. Make a left onto Merrills Cove Road. Blue house is .7 miles on right. Plenty of parking!

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $368/SqFt

Tax Information:

  • Annual Amount: $515
  • 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

295 Merrills Cove Rd vs Asheville

8 DAYS ON ROCKET

-24 Days

$399,000

-$91.4K Less

$368/SqFt

+$56 More

KEY TAKEAWAY

This property is $91.4K less than the Median Sold Price and $56/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4202644

Listing Office:

  • Office Name: Allen Tate/Beverly-Hanks Asheville-North
  • Office Email: jennifer.vogel@allentate.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: 11/30/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2021$515$346,200
2020$2,063$828,700
2019$2,063$828,700
2017$2,063$828,700

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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-2828479
5
/10
  • Glen Arden Elementary School

  • 50 Pinehurst Cir

  • 2.34 miles

  • Public District Grades KG-4

school-card-donut-2828480
7
/10
  • Estes Elementary School

  • 275 Overlook Rd

  • 3.83 miles

  • Public District Grades KG-5

school-card-donut-2828481
8
/10
  • Fairview Elementary School

  • 1355 Charlotte Hwy

  • 3.90 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,933. Most Asheville, NC residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of 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 295 Merrills Cove Rd

What is the listing price of this property?

The listing price of 295 Merrills Cove Rd property is $399,000.

What type of property is this?

The property 295 Merrills Cove Rd is a house located in Asheville, North Carolina, 28803.

Is this property for sale now?

Active Listing: 295 Merrills Cove Rd 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 $515 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 295 Merrills Cove Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 295 Merrills Cove Rd is 1,083 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 295 Merrills Cove Rd is 1953.

Rocket HomesNorth CarolinaBuncombe CountyAsheville28803295 Merrills Cove Rd

This home is located at 295 Merrills Cove Rd in Asheville, NC and zip code 28803. This 1,083 square foot home was built in 1953. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $399,000.

Asheville, NC housing market in October 2024 saw over 18 listings sold above listed price, more than 15 sold at listed price and over 37 sold below. The number of listings in Asheville, NC decreased by 8.5% between September 2024 and October 2024. In October 2024 median list price was $490,473 and the average listing age was 32 days.

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

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