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TownhouseResidential
Last sold for $267,500 on Mar 27, 2020

16 SPEARS AVE

ASHEVILLE, NC 28801
871 ft²
Lot SizeThe size of the land the home sits on, from county records.
1987
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
Built 198330 units864–1,378 ft²
$11M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$364K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$334
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-17.2%vs the Asheville ZIP median sale $/ft² ($403)

Sales Performance

$372K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-0.9%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
3
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
10.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+6.7%per yeartypical hold 5.3 yrsfrom 31 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20012005200920122015202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20012005200920122015202020232026

52 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$305K$418K$531K$643K864 ft²967 ft²1,070 ft²1,172 ft²1,275 ft²1,378 ft²
1 bd2 bd3 bd
1 bed
4 units
2 bed
18 units
3 bed
8 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 3 ba · 1,088 ft²
12 units
3 bd · 3 ba · 1,378 ft²
7 units
1 bd · 1 ba · 864 ft²
4 units
2 bd · 2.5 ba · 1,088 ft²
2 units
One-off layouts
5 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$305K–$332K
4 units
$349K–$374K
18 units
$397K–$424K
3 units
$437K–$442K
3 units
$503K–$503K
1 unit
$643K–$643K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.79%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.7%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.50%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.25%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$381,413
Median tax billThe middle annual property tax bill among the building's units.$2,394
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 9Aug 4, 2026$375,000Unit 39Jul 15, 2026$352,000Unit 3Nov 12, 2025$371,500Unit 18Dec 17, 2024$375,000Unit 12Mar 28, 2024$381,000Unit 39Sep 27, 2023$367,500Unit 23Jan 13, 2023$460,000Unit 3Oct 20, 2022$360,000Unit 42Aug 8, 2022$360,000Unit 19Apr 25, 2022$300,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,272 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$231,600 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$231,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$231,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Townhouse
CountyBuncombe
Lot (acres)The size of the land the home sits on, from county records.0.02
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 247 ft²Porch · 28 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Claxton Elementary SchoolB-
Elementary · Grades KG–5 · 0.3 mi
M
Asheville Middle SchoolA-
Middle · Grades 6–8 · 1.6 mi
H
Asheville High SchoolB-
High · Grades 9–12 · 2.6 mi

District: Asheville City Schools

Neighborhood · ZIP 28801These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.163
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.113

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.22%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.15,270
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,916 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$50,565
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,691
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

16 Spears Ave
3 bd · 3 ba · 1,378 ft²
$439K
16 Spears Ave Apt 1
1 bd · 1 ba · 864 ft²
$305K
16 Spears Ave Apt 2
2 bd · 3 ba · 1,088 ft²
$364K
16 Spears Ave Apt 3
2 bd · 3 ba · 1,088 ft²
$361K
16 Spears Ave Apt 4
1 bd · 1 ba · 864 ft²
$305K
16 Spears Ave Apt 5
3 bd · 3 ba · 1,378 ft²
$643K
16 Spears Ave Apt 6
2 bd · 3 ba · 1,088 ft²
$424K
16 Spears Ave # 7
2 bd · 2.5 ba · 1,088 ft²
$438K
16 Spears Ave Apt 8
2 bd · 3 ba · 1,182 ft²
$355K
16 Spears Ave # 9
3 bd · 2.5 ba · 1,378 ft²
$374K
16 Spears Ave Apt 10
2 bd · 3 ba · 1,248 ft²
$354K
16 Spears Ave Apt 11
1 bd · 1 ba · 864 ft²
$363K
16 Spears Ave Apt 12
3 bd · 3 ba · 1,378 ft²
$365K
16 Spears Ave Apt 13
3 bd · 3 ba · 1,378 ft²
$442K
16 Spears Ave Apt 14
3 bd · 3 ba · 1,378 ft²
$332K
16 Spears Ave Apt 15
3 bd · 3 ba · 1,378 ft²
$503K
16 Spears Ave
1 bd · 1 ba · 864 ft²
$437K
16 Spears Ave Apt 17
3 bd · 3 ba · 1,378 ft²
$364K
16 Spears Ave # 18
2 bd · 2.5 ba · 1,088 ft²
$353K
16 Spears Ave Apt 19
2 bd · 3 ba · 1,088 ft²
$317K
16 Spears Ave Apt 20
2 bd · 3 ba · 1,088 ft²
$362K
16 Spears Ave Apt 21
2 bd · 3 ba · 1,088 ft²
$362K
16 Spears Ave Apt 23
3 bd · 3 ba · 1,378 ft²
$367K
16 Spears Ave Apt 38
2 bd · 3 ba · 1,088 ft²
$421K
16 Spears Ave # 39
2 bd · 2.5 ba · 1,148 ft²
$349K
16 Spears Ave Apt 40
2 bd · 3 ba · 1,088 ft²
$364K
16 Spears Ave Apt 41
2 bd · 3 ba · 1,088 ft²
$364K
16 Spears Ave Apt 42
2 bd · 3 ba · 1,268 ft²
$358K
16 Spears Ave Apt 43
2 bd · 3 ba · 1,088 ft²
$397K
16 Spears Ave Apt 44
2 bd · 3 ba · 1,088 ft²
$364K
16 Spears Ave Apt 45
2 bd · 3 ba · 1,088 ft²
$364K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 16 Spears Ave

How many units are in 16 Spears Ave, Asheville, NC?

16 Spears Ave, Asheville, NC has 30 residential units across built in 1983, according to county assessor records.

What is a unit at 16 Spears Ave, Asheville, NC worth?

The median TopHap Estimate across the 30 units at 16 Spears Ave, Asheville, NC is $363,655. That works out to $334 per square foot. Units run from 864 to 1,378 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 16 Spears Ave, Asheville, NC expensive for Asheville?

Units at 16 Spears Ave, Asheville, NC carry a median of $334 per square foot, 17% below the Asheville median of $403 per square foot.

How often do units sell at 16 Spears Ave, Asheville, NC?

3 units at 16 Spears Ave, Asheville, NC sold in the last 12 months, out of 52 recorded arms-length sales all time. That is a turnover rate of 10.0% of the building per year. The median sale over that period was $372K.

Have units at 16 Spears Ave, Asheville, NC appreciated?

Across 31 repeat sales of the same unit, 16 Spears Ave, Asheville, NC returned a median 6.7% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.3 years.

What floor plans does 16 Spears Ave, Asheville, NC have?

The most common plan at 16 Spears Ave, Asheville, NC is a 2-bedroom of 1,088 square feet, repeated 12 times, with a median estimate of $363,655. TopHap identifies 4 recurring plans in the building.

More homes on Spears Ave

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Assigned schools

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