7 Patton Avenue #1002 $1,200,000


    7 Patton Avenue #1002 Asheville, NC 28801

    • 1 Beds
    • 1 Baths
    • 955 sq. ft.
    • Condo/Townhouse
    • MLS# 3677065
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    Views: 33 Days On Site: 328

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    Property Details

    Rare opportunity to own an amazing condo at the Arras Residences. Zoned for Short Term (Vacation) Rentals! This condo is exactly what you're looking for in luxury, convenience and income. Live here full time or part time and rent it when you're away. On-site short term rental management for your convenience. This condo is located on the 10th floor of this beautifully redesigned building. High-end finishes everywhere, elegantly furnished and in the heart of Downtown Asheville. Long-range mountain and unique city views are incredible from the walls of windows throughout this condo. Ownership comes with access to hotel amenities including fitness, center and room service. A true Must See!

    • General Features
      • Year Built 2019
      • Subdivision Name Asheville Arras Residence
      • Pets Allowed Conditional
      • New Construction Y/N false
      • Association Fee Frequency Monthly
      • Association Fee 197.22
    • Building Features
      • Building Area Total 955
      • Below Grade Finished Area 0
      • Bedrooms Total 1
      • Half Bathrooms 0
      • Full Bathrooms 1
      • Architectural Style Contemporary, Modern
      • Appliances Cable Prewire, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Gas Range, Microwave
      • Roof Flat
      • Unit Number 1002
      • Living Area 955
      • Heating Central, Heat Pump, Heat Pump
      • Flooring Laminate, Tile
      • Fireplace Y/N false
    • Property Features
      • Lot Features City View,Long Range View,Mountain View,Views
      • Sewer Public Sewer
      • Road Surface Type None
      • Parking Features Other
    • Schools
      • Middle Or Junior School Unspecified
      • High School Unspecified
      • Elementary School Unspecified


    Allan Schultz

    Allan Schultz

    Broker Associate

    Asheville Office

    Cell: 828-200-0815


    28801 (Asheville) Demographics

    38 Median Age
    2,804 Population Density (per sq. mile)
    50% College Educated
    $32,321 Estimated Median Income
    2,407 Estimated Total Home Owners
    3,828 Estimated Total Renters
    39% / 61% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    14,250 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $415,000 Median Sales Price
    29 Homes Sold
    22 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,200,000
        4/12/2021 7:13:56 AM Price Reduced Source: Multiple Listing Service New Value: $1,200,000 -7.69%
        3/22/2021 1:14:29 PM Price Increased Source: Multiple Listing Service New Value: $1,300,000 4%
        10/28/2020 10:14:00 AM New in Database Source: Multiple Listing Service New Value: $1,250,000

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        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        IDX Based on information submitted to the MLS GRID as of 9/21/2021 11:00:37 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2021

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.