NOT LISTED FOR SALE

00 Forest Ridge Dr Unit 6 Mars Hill, NC 28754

Estimated Value: $176,000 - $397,000

2.62 Acres
$95,547 Price per Acre
114,127 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $160,000

Est. 56% increase in value since last sale

Current estimated payment $1,445/month

68 Days on Market

About This Lot

As of June 2023

Cleared, level, and ready to build. Land/Home packages are available! The owners have put tremendous work on this property and it shows. Location is top notch for someone who wants to be relatively close to town with a country feel. One of the last lots so close to the town of Mars Hill. Shopping and dining only 4 minutes away in downtown Mars Hill. 13 minutes to Weaverville. 20 Minutes to Downtown Asheville. 26 Minutes to Wolf Ridge Ski Resort. Bailey Mountain Hiking Trails near by.

Last Listed By

Jacob Wike

Nexus Realty LLC Brokerage Email: jacobwikerealtor@gmail.com License #301617 Listed on: 03/01/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $267

Lot Details

  • Open Lot
  • Cleared Lot
  • Possible uses of the property include Residential
  • Property is zoned R-A

HOA Fees

  • $35 Monthly HOA Fees

Schools

  • Mars Hill Elementary School
  • Madison Middle School
  • Madison High School

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Dan Lunsford Association, Phone Number (828) 206-1141
  • Forest Ridge Estates Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9746-86-5503
  • Tax Block 767

Property Details

Property Type

Land

Est. Annual Taxes

$267

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: jacobwikerealtor@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Features: None
  • Other Structures: None

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Dan Lunsford
  • Phone: 828-206-1141
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 425.00

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Open Lot
  • Lot Size Area: 2.62
  • Lot Size Units: Acres
  • Parcel Number: 9746-86-5503
  • Plat Book Slide: 8
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 8-767
  • Cleared Acres: 1.00
  • Wooded Area: 1.62
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

Tax Info

  • Tax Block: 767

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jun 30, 2023
Sold by
Paul Hensley Jonathan and Riddle Shannon
Bought by
Welsh Tim and Welsh Karen
Seller's Agent
Jacob Wike
Nexus Realty LLC
Buyer's Agent
Michael Valentino
Nexus Realty LLC
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%
Total Days on Market
68
Views
35
Current Estimated Value
$250,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,333
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Aug 9, 2017
Sold by
Schnitzer Stan S
Bought by
Frizell Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,200
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 2003
Bought by
Schnitzer, Stan S. Living Trust & J

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Welsh Tim $160,000 None Listed On Document
Frizell Brenda $40,400 None Available
Schnitzer, Stan S. Living Trust & J $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frizzell Brenda $32,200
Previous Owner Frizell Brenda $32,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $160,000 -19.6% --
05/02/2023 05/02/23 Price Changed $199,000 +32.8% --
03/01/2023 03/01/23 For Sale $149,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $267 $45,172 $45,172 $0
2022 $267 $45,172 $45,172 $0
2021 $267 $45,172 $45,172 $0
2020 $267 $45,172 $45,172 $0
2019 $263 $41,070 $41,070 $0
2018 $250 $0 $0 $0
2017 $250 $0 $0 $0
2016 $250 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $40,966 $40,966 $0
2013 -- $40,966 $40,966 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4006273

Canopy MLS (Canopy Realtor® Association)

APN: 9746-86-5503