191 Merrimon Ave, Asheville, NC, 28801

$905,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,643 SqFt
$342/SqFt
Multi
Schools Nearby

Location

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191 Merrimon Ave, Asheville$905,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingParking Space(s)
Year Built1923
HeatingForced Air, Heat Pump
CoolingCeiling Fan(s)
FireplaceGas Unvented
ViewCity, Other, Mountain(s)
MLS #4135119
StatusActive

About 191 Merrimon Ave

Step into the timeless elegance of this classic 1923 home, perfectly positioned within walking distance of downtown Asheville's vibrant culinary scene and eclectic shopping destinations. This versatile property seamlessly blends historic charm with modern convenience, offering a turnkey solution for short-term rentals, long-term leasing, or commercial endeavors. Currently operating as a fully furnished short-term rental, each unit exudes the character of its era with original architectural features. Whether you choose to maintain its successful short term rental history, transform it into a thriving commercial space for business endeavors, or create a private residence with contiguous stair access, the potential is limitless.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2
  • Living Area: 2,643 SqFt

Listing Office:

  • Office Name: Allen Tate/Beverly-Hanks Asheville-North

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
  • Flooring Type: Tile, Wood
  • Fireplace: Gas Unvented

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: City, Other, Mountain(s)

Parking Information:

  • Parking: Parking Space(s)

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Asheville High School, Public District Grades 9-12
  • School of Inquiry and Life Sciences, 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
  • Ira B Jones Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: The GPS will take you directly to the property. From Downtown Asheville, Turn right onto Coxe Avenue in 500 ft., in 800 ft., turn right onto Patton Avenue, 0.2 miles turn left onto Broadway, go 0.8 miles and the destination is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $905,000
  • Price Per SqFt: $342/SqFt

Tax Information:

  • Annual Amount: $3,365
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$488.1K

Med. Price/SqFt

$308

Avg. Days On Market

42

# of Sold Homes

142

191 Merrimon Ave vs Asheville

19 DAYS ON ROCKET

-23 Days

$905,000

+$416.8K More

$342/SqFt

+$34 More

KEY TAKEAWAY

This property is $416.8K more than the Median Sold Price and $34/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4135119

Listing Office:

  • Office Name: Allen Tate/Beverly-Hanks Asheville-North

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: 5/20/2024, 11:21:33 AM 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 24, 2012Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,365$384,400
2020$3,365$312,200
2019$3,365$312,200
2017$3,396$312,200

History based on county public records data.

Payment Calculator

$4,584

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,780

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-4234675
5
/10
  • Claxton Elementary School

  • 241 Merrimon Ave

  • 0.14 miles

  • Public Magnet Grades KG-5

school-card-donut-4234676
3
/10
  • Isaac Dickson Elementary School

  • 125 Hill St

  • 0.99 miles

  • Public Magnet Grades KG-5

school-card-donut-4234677
6
/10
  • Ira B Jones Elementary School

  • 544 Kimberly Ave

  • 1.68 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4234678
4
/10
  • Asheville Middle School

  • 197 S French Broad Ave

  • 1.40 miles

  • Public District Grades 6-8

High School

school-card-donut-4234679
6
/10
  • Asheville High School

  • 419 Mcdowell St

  • 2.28 miles

  • Public District Grades 9-12

school-card-donut-4234680
6
/10
  • School of Inquiry and Life Sciences

  • 419 Mcdowell St

  • 2.28 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,250. The most common annual income of people living in Asheville, NC is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNorth CarolinaBuncombe CountyAsheville28801191 Merrimon Ave

This home is located at 191 Merrimon Ave in Asheville, NC and zip code 28801 in the Claxton neighborhood. This 2,643 square foot home was built in 1923. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $905,000.

While more than 45 listings in Asheville, NC in April 2024 were sold above asking price, there were more than 28 listings sold at asking price, and more than 69 were sold below. The number of listings in Asheville, NC increased by 9.4% between March 2024 and April 2024. In April 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $488,117.

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

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