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3 Penley Ave APT B, Asheville, NC, 28804

2beds
2baths
946sqft
$245,000
$259price/sqft
$1,709/moest. monthly cost
$68,360/yrincome needed

About This Home

Charming, move-in ready townhome offers 2 bedrooms, 1.5 baths, and unbeatable convenience near downtown Asheville and Weaverville. Designed for easy, comfortable living, enjoy an open main level with high ceilings, easy-care flooring, and tasteful finishes. Two private patios provide peaceful outdoor spaces perfect for unwinding. This well-kept, pet-friendly community boasts low HOA fees, making it ideal for budget-conscious buyers and first-time homeowners alike. Close proximity to the Woodfin River Park, Beaver Lake, and area amenities. Rental Cap has not been reached, so this one can be a long term rental! 10 minute walk to High Five Coffee on Riverside dr and the park nearby. Affordable, accessible, and ready for you!

Getting Around

23
WalkingCar-Dependent
8
TransitMinimal Transit
26
BikeSomewhat Bikeable

Schools

3/10
Woodfin ElementaryGrades K-50.5 mi
6/10
3/10
Clyde A Erwin HighGrades PK,9-122.2 mi

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Slab
  • Construction materials: Vinyl

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Refrigerator
  • Laundry features: In Hall,Upper Level

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Area

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 946

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 946
  • Total interior livable area: 946 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 973025684200000
  • Zoning: R-7
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main

Lot

  • Lot size: 0.01 Acres

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind

FEMA Declared Disasters in Buncombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,238$14,856
Home Insurance *$71$852
Property Taxes $200$2,400
Electricity $200$2,405
Total$1,709$20,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,594/yr
40% on housing$51,270/yr
45% on housing$45,573/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$259This listing

vs Other Active Listings

Avg $/sqft

ZIP 28804$397
Buncombe County$292

vs Homes Sold Last Month

Median $/sqft

ZIP 28804$307
Buncombe County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Price change$245,000
2026-03-24Price change$250,000
2026-02-27Price change$1,500
2026-02-19Price change$255,000
2026-02-10Listed for sale$265,000
2025-12-31Price change$1,550
2025-12-02Price change$1,600
2025-11-11Price change$1,650
2025-10-17Price change$1,700
2025-10-13Listed for rent$1,800
2025-10-09Listing removed$1,800
2025-10-06Price change$1,800
2025-08-23Listing removed$275,000
2025-08-22Listed for rent$1,900
2025-08-12Price change$275,000
2025-07-28Listed for sale$285,000
2025-06-25Listing removed$265,000
2025-06-10Price change$265,000
2025-05-02Price change$275,000
2025-04-22Price change$280,000
2025-04-05Listed for sale$285,000
2015-03-31Sold$105,000

For Sale by Agent

AgentElena Kovrigin
BrokerageEXP Realty LLC

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