5 Elizabeth Pl, Asheville, NC, 28801

$490,000

Home List Price

$5,819*

Closing Credit

3 Bedrooms
1 Full Bath
1,113 SqFt
$440/SqFt
House
Schools Nearby

Location

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5 Elizabeth Pl, Asheville$490,000

Buyer Closing Credits

$5,819*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street, Parking Space(s)
Year Built1923
HeatingNatural Gas
CoolingNone
BasementYes
FireplaceLiving Room, Other - See Remarks
ViewCity
MLS #4127569
StatusAccepting Backup Offers
(Active Under Contract)

About 5 Elizabeth Pl

GEM in the heart of DOWNTOWN Asheville! All the benefits of downtown living but with the bonus of front and back yard for Fido, and off street parking steps from your door! This 1923 Arts and Crafts Bungalow needs a little TLC but will WOW you with its location, charm, and possibilities. The original built-in glass cabinetry, coffered ceilings, unpainted woodwork, and other architectural details stand out! 3 bedrooms, 1 bath on the main level. Adventure upstairs to a bonus space not counted in heated living square footage. Rare opportunity in Montford without HRC Guidelines! CBI Zoning = investment potential! Come take a peek!

Property Details

Property Features

Property Information:

  • Architectural Style: Arts and Crafts, Bungalow
  • Year Built: 1923
  • Living Area: 1,113 SqFt

Listing Office:

  • Office Name: Town and Mountain Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Attic Other
  • Fireplace: Living Room, Other - See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Driveway, On Street, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

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
  • Claxton Elementary School, Public Magnet Grades KG-5
  • Isaac Dickson Elementary School, Public Magnet Grades KG-5
  • Hall Fletcher Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: N. AVL > From Merrimon Avenue Bojangles/Harris Teeter/Trader Joes: Turn left at Chestnut Street. Continue 0.2 mi and turn left on to Broadway. Continue 0.1 mi and turn right on Starnes. Go 250 ft. Turn left on Elizabeth Place. Pass vacant parking lot -- 5 Elizabeth is on your left. Downtown > From AVL Civic Center/Harrahs Cherokee Center: Cross over bridge leading into Montford. Turn right on to N Cherry Street. Food-Lion SkatePark is on your right. Continue 50 feet and find Elizabeth Pl on your left. Pass the house on the corner, and find 5 Elizabeth on your right with a chain link fence.

Price Information

Listing Price Info

Price Summary:

  • List Price: $490,000
  • Price Per SqFt: $440/SqFt

Tax Information:

  • Annual Amount: $2,499
  • 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

5 Elizabeth Pl vs Asheville

16 DAYS ON ROCKET

-38 Days

$490,000

+$2K More

$440/SqFt

+$132 More

KEY TAKEAWAY

This property is $2K more than the Median Sold Price and $132/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4127569

Listing Office:

  • Office Name: Town and Mountain Realty

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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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, 3:21:15 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$2,499$277,900
2020$2,498$231,800
2019$2,498$231,800
2017$2,522$231,800

History based on county public records data.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,536

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-3174015
4
/10
  • Claxton Elementary School

  • 241 Merrimon Ave

  • 0.56 miles

  • Public Magnet Grades KG-5

school-card-donut-3174016
4
/10
  • Isaac Dickson Elementary School

  • 125 Hill St

  • 0.62 miles

  • Public Magnet Grades KG-5

school-card-donut-3174017
3
/10
  • Hall Fletcher Elementary School

  • 60 Ridgelawn Rd

  • 2.03 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3174018
3
/10
  • Asheville Middle School

  • 197 S French Broad Ave

  • 0.96 miles

  • Public District Grades 6-8

High School

school-card-donut-3174019
7
/10
  • School of Inquiry and Life Sciences

  • 419 Mcdowell St

  • 1.87 miles

  • Public District Grades 9-12

school-card-donut-3174020
6
/10
  • Asheville High School

  • 419 Mcdowell St

  • 1.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,408. The most common annual income of people living in Asheville, NC is between $35k-100k. 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 5 Elizabeth Pl

What is the listing price of this property?

The listing price of 5 Elizabeth Pl property is $490,000.

What type of property is this?

The property 5 Elizabeth Pl is a house located in Asheville, North Carolina, 28801.

Is this property for sale now?

Accepting Backup Offers: 5 Elizabeth Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5 Elizabeth Pl are:
Claxton Elementary School: GreatSchools Rating 4/10
Isaac Dickson Elementary School: GreatSchools Rating 4/10
Hall Fletcher Elementary School: GreatSchools Rating 3/10
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 $2,499 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Elizabeth Pl has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5 Elizabeth Pl is 1,113 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Elizabeth Pl is 1923.

Rocket HomesNorth CarolinaBuncombe CountyAsheville288015 Elizabeth Pl

This home is located at 5 Elizabeth Pl in Asheville, NC and zip code 28801 in the Historic Montford neighborhood. This 1,113 square foot home was built in 1923. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $490,000.

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

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

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