298 Town Mountain Rd, Asheville, NC, 28804

$995,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
3,317 SqFt
$300/SqFt
House

Location

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298 Town Mountain Rd, Asheville$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Attached Garage, Garage Door Opener, Garage Faces Side
Attached GarageYes
Year Built1960
HeatingCentral, Electric, Heat Pump, Oil, Propane
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
BasementYes
FireplaceFamily Room, Insert, Living Room, Wood Burning
ViewOther, Mountain(s)
MLS #4166751
StatusActive

About 298 Town Mountain Rd

Enjoy breathtaking sunsets from your own deck in this conveniently located home, just 4 minutes from downtown Asheville on the desirable Town Mountain Rd. This light-filled mid-century gem features hardwood floors, two wood-burning fireplaces, and multiple outdoor living areas with charming stone accents both inside and out. Upstairs, you'll find four spacious bedrooms, two baths, a huge deck out back, and a lovely private patio in front. The lower level boasts a fully equipped separate apartment with its own private entrance. Ideal for guests, extended family, or as an income-producing rental, this space includes a generous living area with a full kitchen, bedroom, 2 bathrooms one with radiant floors and one with a jacuzzi tub plus a wood burning stove with insert, ensuring comfort and privacy. Enjoy easy living with ample room for entertaining, flexible living spaces, abundant storage, two-car garage, hot tub and a fully fenced yard.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Living Area: 3,317 SqFt

Listing Office:

  • Office Name: Homesource Realty INC
  • Office Phone: (828) 252-1022

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
  • Basement: Yes
  • Flooring Type: Carpet, Concrete, Tile, Wood
  • Interior: Breakfast Bar, Built-in Features, Entrance Foyer, Storage, Walk-In Closet(s)
  • Fireplace: Family Room, Insert, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other, Mountain(s)
  • Exterior: Hot Tub

Parking Information:

  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side

Virtual/3D Tour

  • Virtual Tour: 298 Town Mountain Rd
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Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump, Oil, Propane
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump

Other

Directions Information:

  • Directions: From downtown Asheville, take College St east toward Tunnel Rd. Turn left on Town Mountain Rd. Winding up the road, you will see Vance Gap Rd on your right and Mayflower Dr on your left. Turn left on Mayflower Dr - the home is the first driveway on the right, but is a Town Mountain Address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $300/SqFt

Tax Information:

  • Annual Amount: $5,605
  • 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

$490.4K

Med. Price/SqFt

$311

Avg. Days On Market

32

# of Sold Homes

70

298 Town Mountain Rd vs Asheville

104 DAYS ON ROCKET

+72 Days

$995,000

+$504.5K More

$300/SqFt

-$12 Less

KEY TAKEAWAY

This property is $504.5K more than the Median Sold Price and $12/SqFt less than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4166751

Listing Office:

  • Office Name: Homesource Realty INC
  • Office Phone: (828) 252-1022

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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

May 03, 2004Home Sold
$315,000
Apr 30, 2004Home Sold
$315,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,605$678,700
2020$5,605$520,000
2019$5,605$520,000
2017$5,657$520,000

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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-357570
5
/10

  • Claxton Elementary School

  • 241 Merrimon Ave

  • 0.86 miles

  • Public Magnet Grades KG-5

school-card-donut-357571
6
/10

  • Ira B Jones Elementary School

  • 544 Kimberly Ave

  • 1.69 miles

  • Public Magnet Grades PK-5

school-card-donut-357572
3
/10

  • Isaac Dickson Elementary School

  • 125 Hill St

  • 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 $33,165. Residents of Asheville, NC typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically 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 298 Town Mountain Rd

What is the listing price of this property?

The listing price of 298 Town Mountain Rd property is $995,000.

What type of property is this?

The property 298 Town Mountain Rd is a house located in Asheville, North Carolina, 28804.

Is this property for sale now?

Active Listing: 298 Town Mountain 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 $5,605 (source: MLS/based on county public records data).

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

The last sale was on May 3, 2004 for $315,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 298 Town Mountain Rd has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 298 Town Mountain Rd is 3,317 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 298 Town Mountain Rd is 1960.

Rocket Homes›North Carolina›Buncombe County›Asheville›28804›298 Town Mountain Rd

This home is located at 298 Town Mountain Rd in Asheville, NC and zip code 28804. This 3,317 square foot home was built in 1960. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $995,000.

Over 18 listings were sold over their listed price in October 2024 in Asheville, NC. In the same period over 37 listings were sold below the listed price and 15 listings were sold for the listed price. The inventory of homes for sale in Asheville, NC between September 2024 and October 2024 decreased by 8.5%. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $490,473.

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

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