NOT LISTED FOR SALE

1124 Bailey St Mars Hill, NC 28754

Estimated Value: $443,753 - $569,000

3 Beds
2.5 Baths
2,010 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $350,000 $174 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,633/month

1 Day on Market

Highlights

  • Mountain View
  • Deck
  • Ranch Style House
  • Madison Middle School Rated A-
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of March 2023

Appraised value! Don't miss this opportunity. This home is in a very desirable neighborhood in the quaint college town of Mars Hill. Walking distance to Mars Hill University and Mars Hill Elementary. Less than 2 miles to dining, shopping and medical center. This home offers lots of storage, mud room/ laundry entrance off the carport, large bedrooms and liivng room, a seperate cozy den with wood stove insert and a kitchen full of newer custom cabinetry.
Outside there is a large storage closet in the carport, a 240 sq. ft. outbuilding with power and insulation perfect for an office. If views are important to you this home also has a 560 sq. ft. deck with a mountain view and 2 sets of french doors leading into the home.

Last Agent to Sell the Property

Dana Anderson

Quinn Anderson Real Estate Solutions LLC License #332622 Listed on: 01/21/2023

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.51 Acre Lot
  • Level Lot
  • Property is zoned RA

Parking

  • 2 Detached Carport Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 2,010 Sq Ft Home
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Entrance Foyer
  • Den with Fireplace
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Front Porch

Schools

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9747-79-5556

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1975
  • Restrictions: No Restrictions
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 174.13
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Linoleum, Wood
  • Interior Amenities: Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2010
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 2010
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Wood Burning, Wood Burning Stove
  • Living Area: 2010
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Mountain(s)
  • Construction Type: Brick Partial
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Open Parking: No
  • Parking Features: Carport

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: None
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 9747-79-5556
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22215
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
Feb 20, 2023
Sold by
Edwin R Cheek Living Trust
Bought by
Guth Leigh Taylor Allen and Guth Bradley James
Seller's Agent
Dana Anderson
Quinn Anderson Real Estate Solutions LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$350,000
Sold Price
$350,000
Views
39
Current Estimated Value
$483,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,188
Avg. Annual Appreciation
11.76%
Original Mortgage
$315,000
Outstanding Balance
$303,940
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$179,249

Purchase Details

Closed on
Apr 24, 2019
Sold by
Cheek Edwin R
Bought by
The Edwin R Cheek Living Trust

Purchase Details

Closed on
Aug 3, 2017
Sold by
Cole Robert W and Cole Joan M
Bought by
Cheek Edwin R and Cheek Pauline B

Purchase Details

Closed on
Oct 19, 1993
Bought by
Cole Robert W and Cole Joan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Guth Leigh Taylor Allen $350,000 --
The Edwin R Cheek Living Trust -- None Available
Cheek Edwin R $200,000 None Available
Cole Robert W $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guth Leigh Taylor Allen $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Sold $350,000 0.0% $174 / Sq Ft
01/21/2023 01/21/23 For Sale $350,000 -- $174 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2024 $1,460 $355,601 $27,846 $327,755
2023 $1,408 $245,670 $25,315 $220,355
2022 $1,408 $245,670 $25,315 $220,355
2021 $1,408 $245,670 $25,315 $220,355
2020 $1,408 $245,670 $25,315 $220,355
2019 $1,020 $156,390 $18,752 $137,638
2018 $813 $0 $0 $0
2017 $1,548 $0 $0 $0
2016 $1,548 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $156,389 $18,752 $137,637
2013 -- $156,389 $18,752 $137,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3934493

Canopy MLS (Canopy Realtor® Association)

APN: 9747-79-5556