Buncombe County property record for 116 E Chestnut St, Asheville, NC 28801
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 23,736 sqft · built 1925 |
| Lot Size | 0.53 acres (23,087 sqft) |
| Owner | Company Name on File |
| Last Sale | $2,685,000 (Jul 2018) |
| Tax Bill | $25,869 (2025) |
| Deeds & Mortgages | Dec 2021 Line of Credit Jul 2018 Sale & Construction Loan |
| Flood Zone | Zone X (minimal risk) |
| APN | 9649-43-1438-00000 |
| Primary APN | 9649-43-1438-00000 |
|---|---|
| Alternative APN |
|
| Stories | 4 Stories |
|---|---|
| Building Area | 23,736 sqft Total Area |
| Gross Area | 5,556 sqft |
| Year Built | Built 1925 |
|---|---|
| Exterior Material | Brick |
| Construction Type | Brick |
| Lot Area | 23,087 sqft (0.53 acres) |
| Terrain | Rolling |
| Porch | Open Porch |
| Porch Area | 48 sqft |
| Old Parcel Number | 964914430462000 |
|---|---|
| Street Address | 116 E CHESTNUT ST |
| City | ASHEVILLE |
| State | NC |
| Zip | 28801-2356 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Local Zoning Code | DEED DATE:07/12/2018 DEED |
| Legal Description | DEED DATE:07/12/2018 DEED:5682-0820 SUBDIV:SHARPLESS LOT LOT:1 & 2 PLAT:0154-0174 |
| Legal Subdivision | SHARPLESS LOT |
| Legal Tract | 2 |
| Legal Lot Number | 1-2 2 |
| Jurisdiction | BUNCOMBE NC |
| Township / Civil Division | ASHEVILLE |
| Census Block Group | 2 |
| Census Block | 2015 |
| Census Tract | 600 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within the Chestnut Hill Historic District listed 1983 · 239 contributing resources · NRIS 83001837 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
116 E Chestnut St, a residential property, is owned by a company that bought it in July 2018.
Source: Buncombe County records, as of September 24, 2025
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 3808 PARK AVE STE 200, 200, WILMINGTON, NC 28403-6769 |
| Owner Type | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Dec 15, 2021 | Deed of Trust, Mortgage · Line of Credit FIRST BANK |
| Jul 12, 2018 | Warranty Deed, Construction Loan · Construction Mortgage ENTEGRA BANK |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 12, 2018 · Amount on File |
| Deed Sale | Jul 12, 2018 · Amount on File |
| Deed Document Number | 0005682820 |
| Deed Book / Page | 5682 / 820 |
| Record Updated | Jun 8, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | BUNCOMBE NC |
| Property Address | 116 E CHESTNUT ST, ASHEVILLE, NC 28801-2356 |
| Transaction Type | Mortgage |
| Record Updated | Dec 27, 2021 |
| Name | Verified Name |
|---|---|
| Address | 1805 E FRANKLIN ST 120, 120, CHAPEL HILL, NC 27514-5990 |
| Document Number | 0061611477 |
|---|---|
| Date | Dec 15, 2021 |
| Book Page | 6161/1477 |
| Name | FIRST BANK |
|---|---|
| Type | Bank |
| Address | WILMINGTON, NC 28401 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | BUNCOMBE NC |
| Recording Date | Jul 12, 2018 |
| Property Address | 116 E CHESTNUT ST, ASHEVILLE, NC 28801-2356 |
| Document Number | 0056820820 |
| Book / Page | 5682 / 0820 |
| Map Reference | MB 1966 PG 242 |
| Instrument Date | Jul 10, 2018 |
| Transaction Type | Construction Loan |
| Record Updated | Sep 14, 2021 |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $5,370.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | PO BOX 8510, ASHEVILLE, NC 28814-8510 |
| Name | Verified Name |
|---|---|
| Address | 1805 E FRANKLIN ST STE 120, 120, CHAPEL HILL, NC 27514-5990 |
| Document Number | 56820823 |
|---|---|
| Date | Jul 12, 2018 |
| Instrument | 5682/0823 |
| Name | ENTEGRA BANK |
|---|---|
| Type | Bank |
| Type | Construction Mortgage |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|
The 2025 property tax bill for 116 E Chestnut St was $25,869.
Source: Buncombe County assessment roll, as of January 1, 2025
| Type | Name |
|---|---|
| State | North Carolina |
| County | Buncombe County |
| Municipality | Asheville City |
| Unified School District | Asheville City Schools (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $25,869.00 | $2,355,000 | |
| 2023 | $23,719.00 | $2,355,000 | $2,355,000 Land $900,400 Building $1,454,600 |
| 2021 | $2,355,000 Land $900,400 Building $1,454,600 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 116 E Chestnut St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1978.
Source: FEMA National Flood Hazard Layer, effective April 9, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 8 (10% premium discount) |
| Nearby Flood Policies | 7 in force |
| Nearby Flood Claims | 2 (1978–2024) |
| Most Recent Claim | Sep 2024 · Tropical Storm Helene |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 116 E Chestnut St is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 76% of North Carolina |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF ASHEVILLE serves 157,431 people · EPA ID NC0111010 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Apr 2026 |
| Lead | Under 1 ppb (2025) action level 15 ppb |
| Water Quality | Treatment failure resolved · Oct 2024 |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 1 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 506 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · Fixed Wireless, DSL in parts of the area | 5,000 / 5,000 |
| Spectrum Cable · Fiber in parts of the area | 1,000 / 1,000 |
| Skyrunner Fixed Wireless | 500 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
May also be available: Frontier, Riverwave Broadband.
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