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  • $390,000

    516 Lafayette Ave, Asheville, NC 28805

    3beds
    1,290sqft
    Single Family Residence
    Built in 1990
    0.61 Acres Lot
    $384,600 Zestimate®
    $302/sqft
    $2,113 Estimated rent

    Home value

    $384,600

    $358,000 - $415,000

    $2,113/mo

    Zestimate® history
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    What's special

    Front deckCathedral ceilingHardwood floorsOpen living spaceSpacious primary bedroomWalk-in closetEn-suite bathroom
    Incredible opportunity in Riceville Forest. 3 bedroom, 2 bathroom home on a full unfinished basement. Private .61 acre partially fenced lot. Mountain views from the front deck. The open living space has hardwood floors, a cathedral ceiling and a fireplace with gas logs. Spacious primary bedroom has an en-suite bathroom and walk-in closet. Home is in need of some cosmetic updates and is priced accordingly. Short term rentals allowed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Caleb Coaplen caleb.coaplen@allentate.com,

    Howard Hanna Beverly-Hanks Asheville-Biltmore Park

    Bought with:

    Todd Norman

    Asheville Realty Group

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4357712MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13' 0" X 12' 0"
    Bedroom s
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13' 0" X 9' 0"
    Bathroom full
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12' 0" X 10' 0"
    Laundry
    • Level: Main
    Heating
    • Electric, Forced Air, Heat Pump
    Cooling
    • Central Air, Electric, Heat Pump
    Appliances
    • Included: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
    • Laundry: Main Level
    Features
    • Breakfast Bar
    • Flooring: Carpet, Tile, Wood
    • Basement: Basement Garage Door,Exterior Entry,Interior Entry,Storage Space,Unfinished
    • Fireplace features: Gas Log, Propane
    Interior area
    • Total structure area: 1,290
    • Total interior livable area: 1,290 sqft
    • Finished area above ground: 1,290
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement, Driveway
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Enclosed, Front Porch, Patio, Rear Porch
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.61 Acres
    • Features: Private, Wooded, Views
    Details
    • Parcel number: 976061388400000
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Wood
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Community
    • Subdivision: Riceville Forest
    Location
    • Region: Asheville

    Financial & listing details

    • Price per square foot: $302/sqft
    • Tax assessed value: $288,300
    • Annual tax amount: $1,027
    • Date on market: 3/17/2026
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    4/28/2026Sold$390,000$302/sqft
    Source: Canopy MLS as distributed by MLS GRID #4357712 Report a problem
    3/17/2026Listed for sale$390,000+1118.8%$302/sqft
    Source: Canopy MLS as distributed by MLS GRID #4357712 Report a problem
    6/11/2011Listing removed$32,000$25/sqft
    Source: Beverly-Hanks & Associates #488759 Report a problem
    6/9/2011Listed for sale$32,000$25/sqft
    Source: Beverly-Hanks & Associates #488759 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,027 +4.2%$288,300
    2024$985 +3%$288,300
    2023$957 +4.7%$288,300
    2022$914 $288,300
    2021$914 +30.9%$288,300 +39.2%
    2020$698 $207,100
    2019$698 $207,100
    2018$698 +3.9%$207,100 +17.5%
    2017$672 $176,200
    2016$672 +6.8%$176,200
    2015$629 $176,200
    2014$629 $176,200
    2013-- $176,200 -3%
    2012-- $181,700
    2011-- $181,700
    2010-- $181,700
    2009-- $181,700
    2007-- $181,700
    2006-- $181,700 +47.4%
    2005-- $123,300
    2004-- $123,300
    2003-- $123,300
    2002-- $123,300 +21.7%
    2001-- $101,300
    2000-- $101,300
    Find assessor info on the county website

    Neighborhood: 28805

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Charles C Bell
    • 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
    $384,600
    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
    $384,600