5 Elmore St, Asheville, NC, 28804

$875,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,400 SqFt
$365/SqFt
Multi

Location

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5 Elmore St, Asheville$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, On Street, Shared Driveway
Year Built2003
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceFamily Room
MLS #4198690
StatusActive

About 5 Elmore St

Recently renovated multifamily home within walking distance to UNCA, Botanical Gardens, Green Way, restaurants and shopping; short 5-minute drive to downtown Asheville. Has attached studio with it's own entry and kitchen. House has a lot of storage space, mud room, sunroom, 2nd living space, privacy fencing and low maintenance flat back yard. Property has been income producing property for many years. List of improvements: new roof, new AC (main house), new kitchen cabinets and quartz countertop (main house), new gas water heater, new bathroom vanities; mostly new appliances, new kitchen hood installed; new shower, new faucets; new interior paint; exterior pain about 3-5 years old; new tile in mudroom; new hardwood stairs added. Wood burning stove cleaned and inspected. Both sellers are licensed NC real estate agents and will utilize 1031 exchange. Measurements are approximate & will be updated later

Property Details

Property Features

Property Information:

  • Architectural Style: Arts and Crafts
  • Year Built: 2003
  • Stories: 2
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: Reliance Realty LLC
  • Office Email: reliancerealtync@gmail.com

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Self Cleaning Oven
  • Basement: Yes
  • Flooring Type: Tile, Vinyl, Wood
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Parking: Driveway, On Street, Shared Driveway

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Note that house faces Elmore but ENTRANCE is on SHARON. Broadway towards UNCA, turn rt on Weaver Blvd, through traffic circle staying rt, turn lt on Barnard, home on left or north on Merrimon to left on Edgewood, at four way stop, turn left on Barnard, home on the right, corner of Elmore and Barnard

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $365/SqFt

Tax Information:

  • Annual Amount: $4,286
  • 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

5 Elmore St vs Asheville

13 DAYS ON ROCKET

-19 Days

$875,000

+$384.5K More

$365/SqFt

+$53 More

KEY TAKEAWAY

This property is $384.5K more than the Median Sold Price and $53/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4198690

Listing Office:

  • Office Name: Reliance Realty LLC
  • Office Email: reliancerealtync@gmail.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: 11/20/2024, 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

Aug 19, 2014Home Sold
$370,000
Dec 17, 2004Home Sold
$222,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,286$441,600
2020$4,285$397,600
2019$4,285$397,600
2017$4,325$397,600

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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-193392
5
/10

  • Claxton Elementary School

  • 241 Merrimon Ave

  • 0.82 miles

  • Public Magnet Grades KG-5

school-card-donut-193393
6
/10

  • Ira B Jones Elementary School

  • 544 Kimberly Ave

  • 1.08 miles

  • Public Magnet Grades PK-5

school-card-donut-193394
3
/10

  • Isaac Dickson Elementary School

  • 125 Hill St

  • 1.56 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 $32,284. The majority of Asheville, NC residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Buncombe County›Asheville›28804›5 Elmore St

This home is located at 5 Elmore St in Asheville, NC and zip code 28804 in the Jackson Park neighborhood. This 2,400 square foot home was built in 2003. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $875,000.

While more than 18 listings in Asheville, NC in October 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 37 were sold below. The number of homes for sale in Asheville, NC decreased by 8.5% between September 2024 and October 2024. 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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