Back on the market - Buyer terminated due to personal medical issues the day before closing. Welcome to this thoughtfully crafted, aesthetically pleasing home constructed by local builders, Compact Cottages. Walkable to Biltmore Village. Solid design — open floor plan, exposed beams, metal roof, plus energy-efficient mini-splits throughout. Large, covered front porch for sipping morning coffee or chatting with friends. Situated on a serene lot with ideal, off-street parking, this property boasts mature shade trees that provide a relaxing, private environment. Includes a separate stick-built, two-story structure in the back, adding value and ample potential for various uses. Upper level is finished, complete with electricity (no permanent heat source); would make a perfect home office or studio. Lower level features a concrete-slab unfinished space, ready to be transformed into your dream workshop or storage area. This home is an ideal balance of comfort and potential.
Closed
$350,000
47 Merchant St, Asheville, NC 28803
2beds
764sqft
Single Family Residence
Built in 2014
0.15 Acres Lot
$343,300 Zestimate®
$458/sqft
$1,894 Estimated rent
Home value
$343,300
$326,000 - $360,000
$1,894/mo
Zestimate® history
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List your homeWhat's special
Compact cottagesMetal roofMature shade treesExposed beamsOpen floor planSolid design
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Putnam elizabeth@mymosaicrealty.com,
Mosaic Community Lifestyle Realty
Bought with:
Julie Smith
Howard Hanna Beverly-Hanks Asheville-Downtown
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4054493
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom half
- Level: Upper
Dining area
- Level: Main
Kitchen
- Level: Main
Living room
- Features: Open Floorplan
- Level: Main
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
- Laundry: Electric Dryer Hookup, In Hall, Lower Level
Features
- Cathedral Ceiling(s), Open Floorplan
- Flooring: Bamboo
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 764
- Total interior livable area: 764 sqft
- Finished area above ground: 764
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
- Details: Off street driveway parking for 2 cars
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch
- Exterior features: Other - See Remarks
- Fencing: Chain Link,Partial
- Waterfront features: None
Lot
- Size: 0.15 Acres
- Dimensions: 49 x 143 x 43 x 127
- Features: Infill Lot, Private, Wooded
Living quarters
- Secondary features: Exterior Not Connected,Separate Entrance,Separate Utilities,Other - See Remarks
Details
- Additional structures: Other
- Parcel number: 965738966500000
- Zoning: RS8
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern
- Property subtype: Single Family Residence
Materials
- Hardboard Siding
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 2014
Details
- Builder name: Compact Cottages
Utilities & green energy
- Sewer: Public Sewer, Other - See Remarks
- Water: City
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Features: Street Lights
- Subdivision: Oakley
Location
- Region: Asheville
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $203,000
- Annual tax amount: $2,007
- Date on market: 7/28/2023
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2023 | Sold | $350,000$458/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4054493 Report a problem | ||
| 7/28/2023 | Listed for sale | $350,000+1328.6%$458/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4054493 Report a problem | ||
| 2/4/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/15/2021 | Listed for rent | $1,275+10.9%$2/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/12/2018 | Listing removed | $1,150$2/sqft |
Source: Rawlings Real Estate Management LLC Report a problem | ||
| 12/3/2018 | Listed for rent | $1,150+4.5%$2/sqft |
Source: Rawlings Real Estate Management LLC Report a problem | ||
| 11/22/2017 | Listing removed | $1,100$1/sqft |
Source: Rawlings Real Estate Management LLC Report a problem | ||
| 11/12/2017 | Listed for rent | $1,100$1/sqft |
Source: Rawlings Real Estate Management LLC Report a problem | ||
| 9/26/2013 | Sold | $24,500$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,007 +6.6% | $203,000 |
| 2024 | $1,882 +2.9% | $203,000 |
| 2023 | $1,829 +1.1% | $203,000 |
| 2022 | $1,809 | $203,000 |
| 2021 | $1,809 +20.7% | $203,000 +29.8% |
| 2020 | $1,498 | $156,400 |
| 2019 | $1,498 | $156,400 |
| 2018 | $1,498 | $156,400 +37.4% |
| 2017 | $1,498 -1% | $113,800 |
| 2016 | $1,514 +23.3% | $113,800 |
| 2015 | $1,228 +170.3% | $113,800 +166.5% |
| 2014 | $454 | $42,700 +2.4% |
| 2013 | -- | $41,700 +13% |
| 2012 | -- | $36,900 +1.1% |
| 2011 | -- | $36,500 |
| 2010 | -- | $36,500 |
Find assessor info on the county website
Neighborhood: 28803
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Nearby schools
GreatSchools rating
- 3/10Oakley ElementaryGrades: PK-5Distance: 0.3 mi
- 8/10A C Reynolds MiddleGrades: 6-8Distance: 2.6 mi
- 8/10A C Reynolds HighGrades: PK,9-12Distance: 2.6 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
$343,300
Get a cash offer in 3 minutes
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Estimated market value
$343,300
- North Carolina
- Buncombe County
- Asheville
- 28803
- 47 Merchant St
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