Asheville · Asheville, NC
57 Mardell Circle
Asheville, NC
$250,000
- 2Beds
- 1Baths
- 0SqFt
- 1927Year
- 1Days on market
About this home
Not afraid of a project? Good...because this one has potential written all over it. Located in a desirable West Asheville neighborhood, this tiny bungalow is decidedly NOT move-in ready, but it may be exactly the kind of opportunity investors and ambitious renovators are looking for. Sitting on a 0.18-acre lot, the less-than-1,000-square-foot home retains hints of its original charm with hardwood floors, vintage trim and a classic covered front porch but it needs a serious renovation and is being sold as-is. Renovate, reimagine or explore the possibilities of starting fresh; either way, the real story here is the combination of location, entry price and upside. With surrounding homes commanding substantially higher prices, there’s room here for someone with vision to turn a very rough diamond into something pretty special. Bring your contractor, your imagination…and maybe some work gloves!
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 0
- Lot
- —
- Year built
- 1927
- Type
- Single Family
- Days on market
- 1
- Style
- Cottage
- Heating
- Other - See Remarks
- Cooling
- Other - See Remarks
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,808/ month
- Principal & interest
- $1,548
- Property tax (~0.90%)
- $187
- Homeowners insurance
- $72
- HOA dues
- —
Down payment
$12,500 down · $237,500 financed
Income to qualify (28% rule)
~$77,517 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.