6 Echo Ln, Asheville, NC, 28806

$520,000

Home List Price

$6,175*

Closing Credit

4 Bedrooms
4 Full Baths
2,600 SqFt
$200/SqFt
Multi
Schools Nearby

Location

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6 Echo Ln, Asheville$520,000

Buyer Closing Credits

$6,175*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway
Year Built1990
HeatingBaseboard, Electric
CoolingNone
BasementYes
MLS #4109889
StatusAccepting Backup Offers
(Active Under Contract)

About 6 Echo Ln

Income producing 4 unit (two duplexes) property. Each unit features 1 bedroom / 1 bath. Upper and lower unit in each duplex. Each have 650 sqft and have stove/refrigerator, baseboard heat. Tenants can have window AC units. Great rental history. Current rent rates are well under market value.

Property Details

Property Features

Property Information:

  • Year Built: 1990
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: Coldwell Banker King

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $1,526
  • 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

$487.9K

Med. Price/SqFt

$307

Avg. Days On Market

54

# of Sold Homes

143

6 Echo Ln vs Asheville

72 DAYS ON ROCKET

+18 Days

$520,000

+$32K More

$200/SqFt

-$108 Less

KEY TAKEAWAY

This property is $32K more than the Median Sold Price and $108/SqFt less than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4109889

Listing Office:

  • Office Name: Coldwell Banker King

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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: 4/27/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2021$1,526$280,400
2020$1,526$240,700
2019$1,489$240,700
2017$1,514$240,700

History based on county public records data.

Payment Calculator

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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-1849074
2
/10

  • Johnston Elementary School

  • 230 Johnston Blvd

  • 1.28 miles

  • Public District Grades KG-4

school-card-donut-1849075
4
/10

  • Sand Hill-Venable Elementary School

  • 154 Sand Hill School Rd

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-1849076
5
/10

  • Vance Elementary School

  • 98 Sulphur Springs Rd

  • 2.13 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,297. The most common annual income of people living in Asheville, NC is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Buncombe County›Asheville›28806›6 Echo Ln

This home is located at 6 Echo Ln in Asheville, NC and zip code 28806. This 2,600 square foot home was built in 1990. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $520,000.

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. Between February 2024 and March 2024, Asheville, NC real estate market has seen increase in the number of listings by 13%. In March 2024 median list price was $487,985 and the average listing age was 54 days.

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

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