40 Ottari Rd, Asheville, NC, 28804

$398,000

Home List Price

$4,726*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,110 SqFt
$359/SqFt
House

Location

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40 Ottari Rd, Asheville$398,000

Buyer Closing Credits

$4,726*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Attached Garage
Attached GarageYes
Year Built1951
HeatingOil
BasementYes
WaterfrontNone
FireplaceLiving Room
MLS #4158283
StatusAccepting Backup Offers
(Active Under Contract)

About 40 Ottari Rd

First time homebuyers and investors! They say location is everything and this home on the corner of Ottari and Grace just off of Merrimon Ave is perfect for your first home or rental. Potential to make a few changes and increase value over time. Take Kimberly to enjoy a serene drive home and enjoy great restaurants, coffee shop, and a bakery just around the corner. Stay home and have morning coffee on the front patio to greet neighbors or escape to the private screened rear porch. Original hardwoods, never painted trim and doors are so hard to find and give this home character. It lives much larger than it's size with an oversized living and dining room. Find tons of storage with closets lining two sides of the owner bedroom and deep coat and linen closets. The basement with it's outside entrance would make a great workroom with oversized utility sink and half bath. Take your choice of laundry options as there is currently access in a main floor bedroom and plumbing hookup downstairs.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Living Area: 1,110 SqFt

Listing Office:

  • Office Name: Town and Mountain Realty
  • Office Email: stacee@townandmountain.com

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Basement: Yes
  • Flooring Type: Linoleum, Wood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: None

Parking Information:

  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage

Utilities

Utilities Information:

  • Heating: Oil

Other

Directions Information:

  • Directions: From Merrimon Avenue take Ottari Road between Mod Pizza and Grace Church. Home will be on the left on the corner of Ottari and Grace and faces Grace.

Price Information

Listing Price Info

Price Summary:

  • List Price: $398,000
  • Price Per SqFt: $359/SqFt

Tax Information:

  • Annual Amount: $1,224
  • 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

40 Ottari Rd vs Asheville

129 DAYS ON ROCKET

+97 Days

$398,000

-$92.4K Less

$359/SqFt

+$47 More

KEY TAKEAWAY

This property is $92.4K less than the Median Sold Price and $47/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4158283

Listing Office:

  • Office Name: Town and Mountain Realty
  • Office Email: stacee@townandmountain.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: 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

Tax History

YEARPROP. TAXASSESSMENT
2021$1,224$326,100
2020$1,224$227,200
2019$1,224$227,200
2017$1,236$227,200

History based on county public records data.

Payment Calculator

$2,054

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,260

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-342691
6
/10

  • Ira B Jones Elementary School

  • 544 Kimberly Ave

  • 0.16 miles

  • Public Magnet Grades PK-5

school-card-donut-342692
5
/10

  • Claxton Elementary School

  • 241 Merrimon Ave

  • 1.42 miles

  • Public Magnet Grades KG-5

school-card-donut-342693
2
/10

  • Woodfin Elementary School

  • 108 Elk Mountain Rd

  • 1.95 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,066. Typical income of Asheville, NC residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Ottari Rd

What is the listing price of this property?

The listing price of 40 Ottari Rd property is $398,000.

What type of property is this?

The property 40 Ottari Rd is a house located in Asheville, North Carolina, 28804.

Is this property for sale now?

Accepting Backup Offers: 40 Ottari Rd 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 $1,224 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40 Ottari Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Ottari Rd is 1,110 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Ottari Rd is 1951.

Rocket Homes›North Carolina›Buncombe County›Asheville›28804›40 Ottari Rd

This home is located at 40 Ottari Rd in Asheville, NC and zip code 28804 in the Grace neighborhood. This 1,110 square foot home was built in 1951. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $398,000.

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. In October 2024 in Asheville, NC there were 8.5% less homes for sale than in September 2024. 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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