288 Montford Ave, Asheville, NC, 28801

$2,550,000

9 Bedrooms
9 Full Baths, 1 Partial
5,000 SqFt
$510/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street, Parking Lot, Parking Space(s)
Year Built1910
HeatingCentral
CoolingCeiling Fan(s), Central Air, Electric
BasementYes
FireplaceElectric, Gas, Gas Log
ViewCity
MLS #4092198
StatusSale Pending
(Pending)

About 288 Montford Ave

Currently licensed and operated as a "Commercial" Bed & Breakfast Inn, dba the Black Walnut. This Historic structure is one of the most significant structures in the City of Asheville located in the center of "Montford Street" and in the middle of the Montford Historic District. Although considered a medium sized Bed & Breakfast this structure would be a very large Single family home. Black Walnut Bed & Breakfast Inn was designed and built by the supervising architect for The Biltmore Estate, Richard Sharp-Smith, in 1899. The Inn has been beautifully maintained and has retained its historic character and charm, with half-timbering pebbledash walls, original diamond-paned windows and corner turret. Modern improvements such as air conditioning, Wi-FI, and private bath en-suites, have been added to the Inn without sacrificing the original quality, workmanship, and details.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 5,000 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Great Smokys Rlty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Electric Water Heater, Exhaust Fan
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Cable Prewire
  • Fireplace: Electric, Gas, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, On Street, Parking Lot, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air, Electric

School Info

Assigned Schools Information:

  • School of Inquiry and Life Sciences, Public District Grades 9-12
  • Asheville High School, Public District Grades 9-12
  • Asheville Middle School, Public District Grades 6-8
  • Isaac Dickson Elementary School, Public Magnet Grades KG-5
  • Claxton Elementary School, Public Magnet Grades KG-5
  • Ira B Jones Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: From I-240 take EXIT 4C toward Montford Avenue. Go west approximately 1/2 mile and the Inn is located on your left. Turn left on Waneta Street then a right into the Inn's drove way and park between the Inn and the cottages.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,550,000
  • Price Per SqFt: $510/SqFt

Tax Information:

  • Annual Amount: $16,885
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Asheville, NC.

Med. Sold Price

$487.9K

Med. Price/SqFt

$307

Avg. Days On Market

54

# of Sold Homes

143

288 Montford Ave vs Asheville

119 DAYS ON ROCKET

+65 Days

$2,550,000

+$2.0M More

$510/SqFt

+$202 More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $202/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4092198

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Great Smokys Rlty

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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: 4/29/2024, 11:51:14 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

Dec 19, 2019Home Sold
$2,275,000
Jan 07, 2004Home Sold
$1,325,000
Jan 06, 2004Home Sold
$1,325,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,885$1,651,200
2020$16,885$1,566,500
2019$16,885$1,566,500
2017$17,042$1,566,500

History based on county public records data.

Payment Calculator

$12.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,712

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.

Elementary School

school-card-donut-3470999
4
/10
  • Isaac Dickson Elementary School

  • 125 Hill St

  • 0.61 miles

  • Public Magnet Grades KG-5

school-card-donut-3471000
4
/10
  • Claxton Elementary School

  • 241 Merrimon Ave

  • 0.77 miles

  • Public Magnet Grades KG-5

school-card-donut-3471001
5
/10
  • Ira B Jones Elementary School

  • 544 Kimberly Ave

  • 2.01 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3471002
3
/10
  • Asheville Middle School

  • 197 S French Broad Ave

  • 1.26 miles

  • Public District Grades 6-8

High School

school-card-donut-3471003
7
/10
  • School of Inquiry and Life Sciences

  • 419 Mcdowell St

  • 2.30 miles

  • Public District Grades 9-12

school-card-donut-3471004
6
/10
  • Asheville High School

  • 419 Mcdowell St

  • 2.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,727. Residents of Asheville, NC typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 288 Montford Ave

What is the listing price of this property?

The listing price of 288 Montford Ave property is $2,550,000.

What type of property is this?

The property 288 Montford Ave is a house located in Asheville, North Carolina, 28801.

Is this property for sale now?

Sale Pending: 288 Montford Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 288 Montford Ave are:
Isaac Dickson Elementary School: GreatSchools Rating 4/10
Claxton Elementary School: GreatSchools Rating 4/10
Ira B Jones Elementary School: GreatSchools Rating 5/10
Asheville Middle School: GreatSchools Rating 3/10
School of Inquiry and Life Sciences: GreatSchools Rating 7/10
Asheville High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,885 (source: MLS/based on county public records data).

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

The last sale was on December 19, 2019 for $2,275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 288 Montford Ave has 9 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 288 Montford Ave is 5,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 288 Montford Ave is 1910.
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Rocket HomesNorth CarolinaBuncombe CountyAsheville28801288 Montford Ave

This home is located at 288 Montford Ave in Asheville, NC and zip code 28801 in the Historic Montford neighborhood. This 5,000 square foot home was built in 1910. Features: 9 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since January 01, 2024 and is currently priced at $2,550,000.

While more than 31 listings in Asheville, NC in March 2024 were sold above asking price, there were more than 29 listings sold at asking price, and more than 83 were sold below. The number of listings in Asheville, NC increased by 13% between February 2024 and March 2024. The median list price of listings available in March 2024 was $487,985, while the average time on the real estate market was 54 days.

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

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