Investor alert! This is a great opportunity to have a cute bungalow to flip or rent. 2 bedrooms, third has no closet. Some new carpet. Does need work, but can be good investment. Seller will make no repairs.
Single-familyProperty Type
1958Year Built
0.33 acresLot Size
$297Est. Price/Sq.Ft.
Listed by Nancy Phillips• Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Bought with Erik Tillman• Sterling Real Estate Partners, LLC
Source:CANOPYMLS as Distributed by MLS Grid #3540899
Redfin Estimate
$228,364
$95K since sold in April 2023$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 28.2% lower than the average sale price ($318K) of 6 comparable homes.
Investor alert! This is a great opportunity to have a cute bungalow to flip or rent. 2 bedrooms, third has no closet. Some new carpet. Does need work, but can be good investment. Seller will make no repairs.
Year
Property tax
Land + Additions
Assessment*
2025
$745 (+6.7%)
$33,900 + $73,100
$107,000
2024
$698 (+3.1%)
$33,900 + $73,100
$107,000
2023
$677 (+1.6%)
$33,900 + $73,100
$107,000
2022
$667
$33,900 + $73,100
$107,000
2021
$667 (+7.6%)
$33,900 + $73,100
$107,000
2020
$619 (+34.2%)
$33,900 + $73,100
$107,000
2019
$462 (+1.5%)
$33,900 + $58,700
$92,600
2018
$455
$33,900 + $35,100
$69,000
2017
$455 (−17.2%)
$33,900 + $35,100
$69,000
2016
$549
$33,900 + $35,100
$69,000
2015
$549 (+2.8%)
$27,100 + $48,800
$75,900
2014
$534
$27,100 + $48,800
$75,900
Tax history for 50 Newfound Rd
Year
Property tax
Land + Additions
Assessment*
2025
$745 (+6.7%)
$33,900 + $73,100
$107,000
2024
$698 (+3.1%)
$33,900 + $73,100
$107,000
2023
$677 (+1.6%)
$33,900 + $73,100
$107,000
2022
$667
$33,900 + $73,100
$107,000
2021
$667 (+7.6%)
$33,900 + $73,100
$107,000
2020
$619 (+34.2%)
$33,900 + $73,100
$107,000
2019
$462 (+1.5%)
$33,900 + $58,700
$92,600
2018
$455
$33,900 + $35,100
$69,000
2017
$455 (−17.2%)
$33,900 + $35,100
$69,000
2016
$549
$33,900 + $35,100
$69,000
2015
$549 (+2.8%)
$27,100 + $48,800
$75,900
2014
$534
$27,100 + $48,800
$75,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
OU
Open Use District
The OU Open Use District is established as a district in which all uses are allowed by right, except for certain uses that are regulated as conditional uses so as to ensure that neighborhood impact is mitigated. Additionally, those uses which are specific to the Airport Industry District (AI) are excluded from the OU Open Use District. The neighborhood impact from conditional uses will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of neighborhood impact. No zoning permit shall be required for permitted uses in the OU Open Use District.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Manufacturing
Warehouse
Hotel / motel
Office
Apr 9, 2021 • Final
Electrical
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.