home in Asheville, NC
This home in Asheville, NC offers 2 bedrooms and 1 bathroom across 933 square feet.
| Price | $308,600 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 933 |
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| Address | 16 Walton St, Asheville, NC 28801 |
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Why buy this home
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- On the market 12 days.
- The asking price has already been cut about 1%, a sign the seller is motivated.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,016/month with 20% down at a 7.28% 30-year fixed rate. You would need about $86,391 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,689/mo |
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| Property tax (new-buyer reassessed rate) | $211/mo |
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| Homeowners insurance | $116/mo |
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| Total monthly | $2,016/mo |
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| Down payment (20%) | $61,720 |
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| Income needed | $86,391/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (65 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (65/100) |
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| Beats renting in | 18% of modeled paths |
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| Modeled 5-yr equity (median) | $154,994 |
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| Range (10th to 90th pct) | $93,257 to $228,626 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Asheville, NC where local data is thin.
Local home values
Typical home values in Asheville, NC have risen about 18% over the past 5 years (-3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia