Here’s a wonderful opportunity to purchase a fixer upper cottage in the highly desired Oakley neighborhood, just a short drive to beautiful Biltmore Village. This home has long been a rental and needs some TLC but does have a newer HVAC system and a great larger lot for the city, buyer to verify if subdividing is possible. This property offers great opportunity as an investment! Seller will not be cleaning anything else off property, great large parking area and concrete slab in backyard. Take advantage of this opportunity while you can! *washer/dryer hook up in the outbuilding behind the house. Property being sold As-Is. Seller will make no repairs. *one of the bathrooms and the outbuilding was added without permitting
Closed
$242,000
45 1st St, Asheville, NC 28803
2beds
896sqft
Single Family Residence
Built in 1923
0.44 Acres Lot
$238,000 Zestimate®
$270/sqft
$2,645 Estimated rent
Home value
$238,000
$226,000 - $250,000
$2,645/mo
Zestimate® history
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List your homeWhat's special
Great large parking areaGreat larger lotNewer hvac system
Zillow last checked:
Listing updated:
Listed by:
Rachael Finley rachaelgiesenschlag@gmail.com,
Carolina Mountain Sales
Bought with:
Eric Bates
NextHome Partners
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4299963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Basement
- Level: Basement
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump, Wood Stove
Cooling
- Heat Pump
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup, Other
Features
- Flooring: Tile, Vinyl, Wood
- Basement: Exterior Entry,Sump Pump
- Fireplace features: Living Room, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 896
- Total interior livable area: 896 sqft
- Finished area above ground: 896
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Fencing: Chain Link,Full
Lot
- Size: 0.44 Acres
- Features: Level, Open Lot, Private, Sloped
Living quarters
- Secondary features: None
Details
- Additional structures: Outbuilding
- Parcel number: 9658101874
- Zoning: RS8
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cottage
- Property subtype: Single Family Residence
Materials
- Asbestos
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Asheville
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $157,100
- Annual tax amount: $1,553
- Date on market: 9/12/2025
- Cumulative days on market: 6 days
- Listing terms: Cash,Construction Perm Loan
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $242,000-1.2%$270/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4299963 Report a problem | ||
| 9/12/2025 | Listed for sale | $245,000+202.5%$273/sqft |
Source: Canopy MLS as distributed by MLS GRID #4299963 Report a problem | ||
| 6/7/2010 | Sold | $81,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,553 +6.3% | $157,100 |
| 2024 | $1,461 +3.2% | $157,100 |
| 2023 | $1,415 +1.1% | $157,100 |
| 2022 | $1,400 | $157,100 |
| 2021 | $1,400 +23.6% | $157,100 +32.9% |
| 2020 | $1,132 | $118,200 |
| 2019 | $1,132 | $118,200 |
| 2018 | $1,132 +28.9% | $118,200 +45.2% |
| 2017 | $878 -23.2% | $81,400 |
| 2016 | $1,144 +30.3% | $81,400 |
| 2015 | $878 +1.4% | $81,400 |
| 2014 | $866 | $81,400 |
| 2013 | -- | $81,400 +0.9% |
| 2012 | -- | $80,700 |
| 2011 | -- | $80,700 |
| 2010 | -- | $80,700 |
| 2009 | -- | $80,700 |
Find assessor info on the county website
Neighborhood: 28803
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Nearby schools
GreatSchools rating
- 3/10Oakley ElementaryGrades: PK-5Distance: 0.9 mi
- 8/10A C Reynolds MiddleGrades: 6-8Distance: 3.3 mi
- 8/10A C Reynolds HighGrades: PK,9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Oakley
- Middle: AC Reynolds
- High: AC Reynolds
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$238,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$238,000
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