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505 Abbey Cir; Asheville, NC Property Details

505 Abbey Cir, Asheville, NC is a Condominium that was built in 1988. This property is currently Financed and is not for sale. Our records show that 505 Abbey Cir has 2 bedrooms, and 2 bathrooms, and a total of 988 square feet. The lot size of 505 Abbey Cir is 1,466,132 square feet.

Off market
505 Abbey Cir Asheville, NC 28805
$215,000 Listing Price
2 Beds
2 Baths
988 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $215,000
  • Open Loans / Balance: 1 / $159,121
  • Est. Equity / %: $69,879 / 30.51%
  • Gross Yield: 6.713%
  • APN: 9658-73-5582-C00E5
  • Situs County: Buncombe
  • Length Of Ownership: 1 year, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Building Condition: Fair
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 988/SqFt
  • Lot: 1,466,132/SqFt
  • Gross: 1,086/SqFt
  • Living: 988/SqFt
  • Building: 988/SqFt
  • Ground: 988/SqFt
  • Price Per Square Foot: $217.61

Legal Description

  • Description: SUBDIV: CLOISTERS LOT: UNIT E5 PLAT: 0055-0200
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Buncombe County Schools
  • Lat / Lon: 35.578606 / -82.505714
  • Subdivision: Cloisters
  • Property Class: Residential
  • Zoning: RM6
  • County Use Code: 120

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3403
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One: $260
  • H O A Amount: $260
  • H O A One Frequency: Monthly
  • H O A One Name: Cloisters Condo Unit Owners
  • H O A One Type: Condo  Owner Association

Ownership Info

505 Abbey Cir has no associated ownership info
505 Abbey Cir has no associated ownership info.

Taxes

505 Abbey Cir has 8 associated Taxes items

505 Abbey Cir, Asheville, NC pays taxes in Buncombe County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $161,600. The APN we've located for 505 Abbey Cir is 9658-73-5582-C00E5.

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Taxes
  • Assessed Value:  $161,600
  • Assessed Year:  2025
  • Assessed County:  Buncombe
  • APN:  9658-73-5582-C00E5
  • Tax Amount:  1497.87
  • Tax Year:  2024
  • Market Value:  161600
  • Market Year:  2025

Tax History

505 Abbey Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $161,600 Land Value Improvement Value $161,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $161,600 Land Value Improvement Value $161,600 Tax Amount $1,497.87 Change Rate +0.028743% Assessed CR Tax Rate +0.009269%
Year 2023 Assessed Value $161,600 Land Value Improvement Value $161,600 Tax Amount $1,456.02 Change Rate +0.011223% Assessed CR Tax Rate +0.00901%
Year 2022 Assessed Value $161,600 Land Value Improvement Value $161,600 Tax Amount $1,439.86 Change Rate Assessed CR Tax Rate +0.00891%
Year 2021 Assessed Value $161,600 Land Value Improvement Value Tax Amount $1,439.86 Change Rate +0.359089% Assessed CR Tax Rate +0.00891%
Year 2020 Assessed Value $110,600 Land Value Improvement Value Tax Amount $1,059.43 Change Rate Assessed CR Tax Rate +0.009579%
Year 2019 Assessed Value $110,600 Land Value Improvement Value Tax Amount $1,059.43 Change Rate Assessed CR Tax Rate +0.009579%
Year 2018 Assessed Value $110,600 Land Value Improvement Value Tax Amount $1,059.43 Change Rate Assessed CR Tax Rate +0.009579%
Year 2017 Assessed Value $78,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $842.7 Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $78,100 Land Value Improvement Value Tax Amount $842.7 Change Rate +0.014104% Assessed CR Tax Rate +0.01079%
Year 2014 Assessed Value $78,100 Land Value Improvement Value Tax Amount $830.98 Change Rate Assessed CR Tax Rate +0.01064%