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Off market
  • $320,900

    5 Red Raven Rd, Swannanoa, NC 28778

    3beds
    1,370sqft
    SingleFamily
    Built in 1951
    6,098 Square Feet Lot
    $320,900 Zestimate®
    $234/sqft
    $1,946 Estimated rent

    Home value

    $320,900

    $302,000 - $340,000

    $1,946/mo

    Zestimate® history
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    Owner options

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    $1,946/mo

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    $1,946/mo

    Rent Zestimate®

    Refinance and save

    $1,788/mo

    Est. payment

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    $1,788/mo

    Est. payment

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    What's special

    Airbnb possibilities!! This property is set up for 2 separate living/rental units. Each with their own kitchen, bath, laundry and access. They could be rented as either short or long term or you could live in one unit while renting the other. The house is convenient to both Asheville and Black Mountain with only a few mile drive to the Blue Ridge Parkway! The units have an extensive list of updates including; new floors, paint, butcher block countertops, electric, plumbing, furnace and roof. A great opportunity for the savvy investor. There are tenants in both units so please be respectful of their privacy. The upstairs has a lease and the basement apartment is rented month to month. A list of financials can be provided with serious interest. Calculate the CAP rate and you will see this as an excellent opportunity.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Propane / Butane
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    • Laundry: In Basement, Main Level
    Features
    • Flooring: Tile, Hardwood, Laminate
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,370 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 6,098 sqft
    • Features: Trees
    Details
    • Parcel number: 968849788200000
    • Zoning: R-3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conventional
    Materials
    • Roof: Other
    Condition
    • Year built: 1951

    Utilities & green energy

    • Water: City Water
    • Utilities for property: Propane

    Community & neighborhood

    Location
    • Region: Swannanoa

    Other

    Other facts
    • Flooring: Wood, Tile, Laminate Wood, Laminate Tile
    • Utilities: Propane
    • Appliances: Dishwasher, Refrigerator, Exhaust Fan, Dryer, Washer
    • Heating: Propane
    • HeatingYN: true
    • Zoning: R-3
    • RoomsTotal: 2
    • CurrentFinancing: Conventional, Cash
    • OpenParkingSpaces: 0
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Driveway, Other, Gravel, Concrete
    • CoveredSpaces: 0
    • OpenParkingYN: true
    • ConstructionMaterials: Vinyl
    • Basement: Basement
    • BelowGradeFinishedArea: 0
    • LaundryFeatures: In Basement, Main Level
    • WaterSource: City Water
    • LotFeatures: Trees
    • StructureType: Site Built
    • RoadResponsibility: Privately Maintained Road or Maintenance Agreement
    • MlsStatus: Active
    • TaxAnnualAmount: 108100.00

    Price history

    DateEventPrice
    11/18/2020Sold$240,000-5.9%$175/sqft
    Source: Canopy MLS as distributed by MLS GRID #3670638
    10/13/2020Listed for sale$255,000+148.8%$186/sqft
    Source: Divitia Realty #3670638
    5/25/2017Sold$102,500+15.2%$75/sqft
    Source: Canopy MLS as distributed by MLS GRID #3269428
    4/9/2017Listed for sale$89,000+96.2%$65/sqft
    Source: Sage Realty, LLC #3269428
    4/6/2015Listing removed$45,360$33/sqft
    Source: Asheville Realty & Associates LLC #568362

    Public tax history

    YearProperty taxesTax assessment
    2024$1,467 +3.1%$223,100
    2023$1,423 +1.6%$223,100
    2022$1,401 $223,100

    Find assessor info on the county website

    Neighborhood: 28778

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: WD Williams
    • Middle: Charles D Owen
    • High: Charles D Owen

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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